Jan 03 (Reuters): Intel said on Wednesday it was forming a new independent company around its artificial intelligence software efforts with backing from digital-focused asset manager DigitalBridge Group and other investors.Intel executives would not comment on the value of the...
LONDON, Jan 03 (Reuters): Fines imposed by Russian courts on Alphabet's Google and YouTube, Meta, TikTok and Telegram appear to have been settled as the companies are no longer registered as debtors in the state bailiffs' database.But the database, accessed...
SEOUL, Jan 03 (Reuters): South Korea's Hyundai Motor Co and affiliate Kia Corp forecast on Wednesday that their combined global sales will rise about 2 per cent in 2024, even as last year's sales fell short of target.The duo sold...
BEIJING, Jan 03 (Reuters): Some of China's top banks have sharpened scrutiny of smaller peers' asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a deepening property debt crisis...
NEW DELHI, Jan 3 (Reuters): India's Supreme Court on Wednesday said the Adani Group does not need to face more investigations beyond the current scrutiny of the market regulator, a major relief for the conglomerate hit hard by a US...
Modhumoti Bank Limited donated Tk 0.4 million to Baira College, Tk 0.2 million to Singair Pilot Girls High School and Tk 0.2 million to Baira High School, Singair Upazila, Manikganj under the bank's CSR programme on Wednesday. A Mannan Khan,...
The trading of Bank Asia First Perpetual Bond, listed in the corporate bond sector of the capital market, began on January 01, 2024. In this regard, Shafiuzzaman, president and managing director (current charge) of Bank Asia, and Khairul Bashar Abu...
IDCOL signed a contract with the Ministry of Water & Energy, the Government of Ethiopia, at Addis Ababa for providing advisory services on implementation of a 'Solar Home System' programme recently.Dr Engr Sultan Welle Ahmed, State Minister for Energy Development,...
In an era marked by rapid technological advancements, Huawei South Asia and eGeneration Ltd, a leading IT company, jointly hosted a seminar titled 'Digital Transformation for Continuous Business Growth'.The seminar showcased the latest innovations in digital transformation, with a specific...
The Electricity Generation Company of Bangladesh (EGCB) Ltd, a state-owned power generation entity, is set to build three more solar power plants of 300MW( 100MW each) capacity at Sonagazi upazila under Feni district, reports BSS.To this end, EGCB has recently...
BABUL BARMAN | 2024-01-04 00:00:00
As opposed to the main market, the market capitalisation of DSE's SME platform jumped 55 per cent year-on-year to Tk 24.60 billion in the just-concluded calendar year, driven by an abnormal price surge of Himadri and inclusion of new companies.Besides,...
FE REPORT | 2024-01-04 00:00:00
Stock brokers, who had once been in favour of artificially keeping the market from a decline, want to get rid of it. At a meeting with executives of the Bangladesh Securities and Exchange Commission (BSEC) on Wednesday, they said the...
BENGALURU, Jan 03 (Reuters): India's manufacturing industry ended 2023 on a slightly shaky footing as factory growth decelerated to an eighteen-month low in December, pressured by a weaker rise in new orders and output, a business survey showed on Wednesday.The...
RIYADH, Jan 03 (Arab News): The Kingdom of Saudi Arabia's (KSA) Ministry of Industry and Mineral Resources issued 158 industrial licences in October 2023, representing a rise of 97.4 per cent compared to the same month of the previous year.The...
ISTANBUL, Jan 03 (Arab News): Turkiye's annual inflation rate approached 65 per cent in December, reaching a new high for 2023 and putting the country on course to meet an expected peak of 70-75 per cent in May.President Recep Tayyip...
MUMBAI, Jan 3 (Reuters): India's palm oil imports rose in December to their highest in four months as purchases of refined palmolein surged because of competitive prices, five dealers told Reuters on Wednesday.Higher purchases by the world's biggest importer of...
UK supermarket inflation slowed down at the fastest rate ever recorded in December, according to data firm Kantar.Annual grocery price inflation in December eased from 9.1 per cent to 6.7 per cent compared with the previous month, making December's figure...
ONE Bank PLC signed an agreement with Praava Health recently. Sajid Ahmad, CGO of Praava Health, and Md Kamruzzaman, Head of Retail Banking of ONE Bank, signed the agreement. Under this agreement, the bank's Debit, Credit and Prepaid Card holders...
Islami Bank Training and Research Academy (IBTRA) published the results of Diploma in Islamic Banking (DIB) examination for October 2023 session. Mohammed Monirul Moula, Managing Director and CEO of Islami Bank Bangladesh PLC, formally published the results at Islami Bank...
Mohammad Saleh Ahmed has joined Midland Bank Asset Management Company Limited (MDB AMC), a newly formed subsidiary of Midland Bank, as its Chief Executive Officer (CEO), says a statement. Prior to joining his new role, Mr Saleh was the CEO...
Dhaka Bank PLC unveiled exclusive co-branded VISA Signature Credit Card for the members and employees of the Institute of Chartered Accountants (ICAB) at the ICAB Members' Night 2023 held at a city hotel recently. Emranul Huq, Managing Director & CEO...
OSLO, Jan 3 (Reuters): Denmark's Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea route that gives access to the Suez Canal following a weekend attack on one of Maersk's vessels.Both...
Standard Chartered Bangladesh has partnered with Thengamara Mohila Sabuj Sangha (TMSS) to distribute onion seeds to 2,000 farmers in Bogra, Pabna, and Faridpur. Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh, and Prof Dr. Hosne-Ara Begum, Founder of TMSS,...
MUNIMA SULTANA | 2024-01-04 00:00:00
Bangladesh and Denmark are set to start negotiations soon to construct the Laldia Container Terminal at Chattogram port under a public-private partnership (PPP) model. This follows a successful first platform meeting between the two governments.Officials confirmed that the Chittagong Port...
London, Jan 3 (Reuters): Copper prices slid to a two-week low on Wednesday as the dollar rose and worries about demand in top consumer China were reinforced by weak data from the country's industrial sector.Three-month copper on the London Metal...
BEIJING/SINGAPORE, Jan 3 (Reuters): China's 2023 steel exports are forecast to have hit a seven-year high of more than 90 million metric tonnes, the China Iron and Steel Association (CISA) said in a report on Wednesday.The world's top steel maker...
Oil benchmark Brent rose by around a $1 a barrel on Wednesday, after reports of a disruption to Libya's top oilfield added to supply concerns emanating from tensions in the Red Sea, reports Reuters.Brent crude gained 63 cents to $76.52...
BRISBANE, Australia, Jan 03 (AFP): Naomi Osaka said Wednesday she was "super disappointed" but just being on court was a "personal win" after her return to tennis at the Brisbane International was ended by defending champion Karolina Pliskova.Pliskova, who won...
DUBAI, Jan 03 (PTI): Star Indian batter Virat Kohli jumped four places to ninth in the latest ICC Test Ranking after his decent show in the Centurion Test against South Africa.Kohli had dropped out of the top 10 in 2022,...
CAPE TOWN, Jan 03 (AFP): India lost their last six wickets for no runs in 11 balls as wickets tumbled on the first day of the second Test against South Africa at Newlands on Wednesday.After bowling out South Africa for...
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