FE REPORT | 2024-01-01 00:00:00
The CID has failed to complete its investigation into the case filed over the heist of $101 million from Bangladesh Bank's account with the Federal Reserve Bank of New York that took place in February 2016. This took the total...
REZAUL KARIM | 2024-01-01 00:00:00
Bangladesh Petroleum Corporation (BPC) would soon get released a loan of US$ 125 million from the International Islamic Trade Finance Corporation (ITFC) under an annual lending programme to facilitate importing petroleum products.The state-run entity has recently requested the Energy and...
FE Report | 2024-01-01 00:00:00
Foreign Secretary Masud Bin Momen on Sunday expressed concern about the potential repercussions for the country's lifeblood garment industry if it meets with any US restrictions over labour rights issues. Referring to the recent US presidential memorandum on labour rights,...
FE REPORT | 2024-01-01 00:00:00
Election Commissioner (EC) Md Anisur Rahman expressed concern on Sunday that Bangladesh might get isolated from the world if the upcoming 12th parliament elections were not free, fair and acceptable.He made the observation while inaugurating a training course for executive...
FE REPORT | 2024-01-01 00:00:00
Police would arrest Senior Joint Secretary- General of Bangladesh Nationalist Party (BNP) Ruhul Kabir Rizvi anytime following cases filed against him, said Additional Police Commissioner of Dhaka Metropolitan Police (DMP) and chief of Detective Branch (DB) of Police Mohammad Harun-or-Rashid...
Prime Minister Sheikh Hasina on Sunday said changes are being made in the curriculum as the government wants to develop international standard education system in Bangladesh, reports UNB."We want our country to move, keeping pace with the world. This is...
YASIR WARDAD | 2024-01-01 00:00:00
About 37.24 million people in Bangladesh, who account for nearly 22 per cent of the total population, face moderate to severe food insecurity, a latest official survey shows.The rate is below 20 per cent only in Dhaka and Chattogram while...
FE REPORT | 2024-01-01 00:00:00
The government has disbursed a second tranche of Tk 10 billion as a cash incentive for scheduled banks in the October-December period of 2023, said sources. This initiative aims to boost remittance inflows through official channels amid a slight dip...
JASIM UDDIN HAROON | 2024-01-01 00:00:00
Hopes and challenges intermingle in an ambiance as people at home and across the globe ring in 2024 as the New Year dawns under drawn-out shadows of geopolitical and economic volatility. The advent of 2024 AD is preceded by one...
JUBAIR HASAN | 2024-01-01 00:00:00
Numerous banks outsmarted odds like dollar dearth, import fall and liquidity hardship in the adversity-strung bygone year and posted EBIT or operating profits in a significant growth. In economic jargons EBIT (earnings before interest and tax), better known as operating...
Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Monday), according to the Met Office. Night temperature may remain nearly unchanged and day temperature may fall slightly over...
Our Correspondent CHATTOGRAM, Dec 31: The graduation parade of the 57th batch of Bangladesh Marine Academy was held in Chattogram on Sunday.State Minister for Shipping Khalid Mahmud Chowdhury attended it as the chief guest while Chairman of Chattogram Port Authority...
CHUADANGA, Dec 30 (UNB): Indian Border Security Force (BSF) on Saturday handed over the bodies of two Bangladeshi youths who were shot dead by its members on December 16.A team of Darshana Police Station with the help of Border Guard...
FE REPORTA total of 709 workers were killed and 482 were injured in workplace accidents in 2023, according to a survey titled "Newspaper based BILS survey on labour and workplace situations in Bangladesh-2023," The BILS survey also revealed that in...
Five police personnel were injured and three vehicles were torched during a clash between police and locals after a domestic help found dead in front of a building at Banasree's D Block in the city on Sunday, reports UNB.Rampura police...
FE REPORT | 2024-01-01 00:00:00
Downstream countries like Bangladesh have to bear the brunt of continuous pollution in the adjacent marine areas, speakers observed at a workshop.Bangladesh is not on the top list of plastic producing and consuming countries but it is on the top...
Principal Staff Officer of the Armed Forces Division (AFD) Lieutenant General Waker-Uz-Zaman has been made new Chief of General Staff (CGS) of Bangladesh Army, reports UNB.He replaced Ataul Hakim Sarwar Hasan, who retired as a Lieutenant General of Bangladesh Army.At...
NEW YORK, Dec 31 (Reuters): A gauge measuring the borrowing costs on loans between banks and other participants in the US repurchase agreement (repo) market hit its highest level since it was launched about five years ago, New York Federal...
COPENHAGEN/DUBAI, Dec 31 (Reuters): Iranian-backed Houthi militants attacked a Maersk container vessel with missiles and small boats, prompting the company to pause all sailing through the Red Sea for 48 hours, Maersk said on Sunday.The crew of the Maersk Hangzhou...
Best Buy, a popular retail chain of RFL Group, has awarded the winners of 'Ako Bijoyer Anando', an art competition organised on the occasion of the Victory Day. The grand finale of the competition was held on the Gulshan Youth...
TAMIJUDDIN TEXTILE AGM APPROVES 20PC CASH DIVIDENDTamijuddin Textile Mills Limited approved 20 per cent cash dividend for general shareholders, except sponsors and directors, at its 40th Annual General Meeting held on a digital platform on Sunday. Chairman, managing director, directors...
Md Nurul Azim has been promoted to Additional Managing Director (AMD) of South Bangla Agriculture and Commerce Bank (SBAC) Limited with effect from January 1, says a statement. Prior to his new assignment, Mr. Azim was the Deputy Managing Director...
AGM OF ENERGYPRIMA LIMITED HELD The 16th Annual General Meeting of Energyprima Limited (EPL) was held at its HFO-based Power Plant at Begumganj in Noakhali recently. The meeting was presided over by Dr Kamaluddin Ahmed, a shareholder of the company....
PRIME BANK PARTNERS WITH SQ GROUP Prime Bank PLC has recently signed a 'Prime Payroll' agreement with SQ Group, a leading apparel manufacturing companies in Bangladesh. Under the payroll agreement, the employees of SQ Group will be eligible for privileged...
Ismail Hossain | 2024-01-01 00:00:00
Mobile telecom network expanded significantly in the outgoing year 2023 as well as leapfrogged to transforming from mere mobile network operators (MNOs) to telco-tech or digital service provider in comparison to the previous year.Despite the challenging macro-economic situation, currency devaluation,...
Global equity funds attracted substantial inflows in the week through Dec. 27 as data showed US inflation cooled further in November, cementing expectations that the Federal Reserve would cut interest rates in March next year, reports Reuters.The MSCI All-World index...
MUMBAI, Dec 31 (Reuters): The bull-run in Indian financial markets is likely to continue in 2024 as foreign interest remains robust, with heavy buying expected in both equity and debt markets, several analysts and industry watchers said.India's inclusion in the...
Two sub-branches of National Bank Limited in the Chittagong region officially started their journey recently. The two sub-branches are 'Bonorupa' under the Rangamati Branch and 'Bandartila' under the Agrabad Branch. Prabir Kumar Bhowmik, SVP & NBL regional head of Chittagong,...
Ali Reza Iftekhar, managing director and CEO of Eastern Bank (EBL), and Farzanah Chowdhury, managing director and CEO of Green Delta Insurance Company, signed a bancassurance agreement at the bank's head office in the capital on Sunday. Wafi Shafique Menhaz...
FE DeskIslami Bank Bangladesh achieved 'The Strongest Islamic Retail Bank in Bangladesh 2023' award conferred by UK-based Cambridge IFA, according to a statement. Professor Humayon Dar, founder of Islamic retail banking awards, formally declared the award recently. The accolade was...
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