Buses jam the Dhaka-Chattogram highway as they stop to pick up and drop off passengers in Dhaka's Matuail, causing chaos and clogging the country's vital four-lane transport artery. — FE Photo by Shafiqul Alam
FE REPORT | 2023-12-29 00:00:00
The government's repayment against external debts swelled up by more than 51 per cent to US$ 1.33 billion in the first five months of the current fiscal year (FY) over the corresponding period of last FY, despite a considerable fall...
JASIM UDDIN HAROON | 2023-12-29 00:00:00
Hard-up banks' quest for cash heats up call money in short-term interbank borrowing with the interest rate hitting a new high at about 9.2 per cent Thursday, indicating persistent liquidity problem. Banking-industry people said banks took the overnight loan at...
JUBAIR HASAN | 2023-12-29 00:00:00
Bangladesh scales the IMF-set net US$17 billion foreign-exchange (forex) reserves target for December, as the central bank has mopped up dollars from liquidity-strapped banks and received substantial remittances. Official sources said Thursday the Bangladesh Bank (BB) fulfilled the target of...
Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Friday), according to the Met Office.The highest temperature in the country on Thursday was recorded at 29.3 degrees Celsius...
KHULNA, Dec 28 (BSS): Bangla Academy Literary Award-winner poet and writer Abu Bakar Siddique on Thursday died of old-age complications while undergoing treatment at Khulna City Medical College Hospital.He was 91.He left behind one son and five daughters. His daughter...
The government has again extended the hajj registration deadline for 2024 until January 18 in a bid to avoid last time hassle, reports UNB.The Ministry of Religious Affairs issued a notice signed by Public Relations Officer Asif Ahmed on Thursday.According...
Two labourers working to beautify the Moghbazar-Mouchak Flyover without taking any safety measures, putting their lives at risk. The picture was taken on Thursday — FE photo
Dhaka has again topped the list of cities worldwide with the worst air quality on Thursday, reports UNB.With an AQI score of 259 at 8:09 am this morning, Dhaka's air was classified as 'very unhealthy' - posing serious health risks...
National Human Rights Commission (NHRC) Chairman Kamal Uddin Ahmed emphasised the importance of protecting voters' rights and upholding electoral integrity ahead of the national polls, reports bdnews24.com. During a meeting with the Election Commission on Thursday, Mr Kamal addressed the...
Prime Minister Sheikh Hasina on Thursday said the perpetrators of the heinous attacks carried out on journalists on October 28 won't be spared, reports UNB. "The country had witnessed a lot of movements and struggles. But there is no incident...
FE REPORT | 2023-12-29 00:00:00
Land Secretary Md Khalilur Rahman said that artificial intelligence (AI)-powered robots are making monthly calls to 600,000 citizens to gather feedback on land services, actively engaging them in smart land initiatives. The Ministry of Land and Law and Justice Division...
US news organisation the New York Times is suing ChatGPT-owner OpenAI over claims its copyright was infringed to train the system, reports BBC.The lawsuit, which also names Microsoft as a defendant, says the firms should be held responsible for "billions...
Bengal Islami Life signs agreement with JCX DevelopmentA Group Life and Health Takaful agreement was signed between Bengal Islami Life Insurance Limited and JCX Development Limited at the head office of JCX Development in the city on Thursday. Managing Director...
Janata Bank receives SAFA International AwardJanata Bank PLC has received the South Asian Federation of Accountants (SAFA) Award-2022 for publishing the best financial report in the public sector bank category. Janata Bank PLC MD & CEO Md. Abdul Jabbar received...
ACI Formulations Limited approved a 25 per cent cash dividend for the shareholders, said a press release. The approval came at the 27th annual general meeting (AGM) of the company on a digital platform on Thursday.M Anis Ud Dowla, Chairman...
The Institute of Chartered Secretaries of Bangladesh (ICSB) organised a Continuing Professional Development (CPD) programme titled "Bangladesh Secretarial Standards (BSS): Essential Tools for Strengthening Corporate Governance" at the Samson H Chowdhury Centre, Dhaka Club Limited on Wednesday, said a press...
LONDON, Dec 28 (Reuters): A huge two-month rally in bond prices, powered by expectations that central banks will soon be cutting interest rates, has rescued fixed income markets from an almost unheard-of third straight year of declines.The US 10-year Treasury...
MUMBAI, Dec 28 (Reuters): India's largest private port operator Adani Ports and Special Economic Zone has moved one step closer to returning to the corporate bond market, as it has received ratings earlier this week for a planned debt issue.Rating...
NCC Bank distributed blankets among the cold-stricken people as a part of the bank's corporate social responsibility. Chairman of the bank Md Abul Bashar inaugurated the blanket distribution in the city recently. Managing Director and CEO (Current Charge) M Shamsul...
Modhumoti Bank Limited donated Tk 0.2 million to Raz Textile High School at Abhaynagar upazila in Jashore under the bank's CSR programme on Thursday. Md Shafiul Azam, managing director and CEO of Modhumoti Bank, handed over the cheque to Mohammad...
Mutual Trust Bank (MTB) has signed an agreement for cash management services with Envoy Textiles Ltd and Sheltech Ceramics Ltd recently at the bank's corporate head office in the city. Md Khalid Mahmood Khan, additional managing director and chief business...
The Premier Bank has won the 'Bilateral Business Excellence Award' from The Bangladesh-China Chamber of Commerce & Industry (BCCCI) & China Enterprise Association Bangladesh (CEAB) jointly. At a city hotel recently, M Reazul Karim, managing director and CEO of Premier...
FE REPORT | 2023-12-29 00:00:00
DBH Finance will raise Tk 3.5 billion by issuing bonds with a view to providing home loans for middle- and lower-income people.The Bangladesh Securities and Exchange Commission (BSEC) on Thursday approved the company's proposal for issuance of bonds.As per the...
BABUL BARMAN | 2023-12-29 00:00:00
The stock market passed yet another gloomy year as the prevailing 'floor price' restrictions rendered the entire market illiquid and shattered investor confidence amid ongoing economic challenges.The bleak market conditions were exacerbated by the deterioration of macroeconomic indicators, driven by...
RIYADH, Dec 28 (Arab News): Family businesses in the UAE are poised for a boost as the Ministry of Economy introduces a unified registry and implements four new cabinet resolutions to enhance governance and competitiveness. The initiative also aims to...
BUENOS AIRES, Dec 28 (AFP): Thousands of Argentines took to the streets of Buenos Aires on Wednesday, clashing with police as they protested a decree of sweeping economic reform and deregulation published by President Javier Milei.Marching at the behest of...
Shahjalal Islami Bank's 371st board meeting held The 371st meeting of the board of directors of Shahjalal Islami Bank PLC was held at the corporate head office of the bank in the city on Dec 27. The meeting was presided...
FE REPORT | 2023-12-29 00:00:00
The recently formed board of directors of National Bank Limited in its first meeting made three separate committees as part of the revival of the first generation bank.The bank in a press release issued on Thursday stated that the formation...
OUR CORRESPONDENTCHATTOGRAM, Dec 28: The 17th Annual General Meeting of GPH Ispat Limited held on Thursday on a digital platform approved a 10 per cent dividend -- 5.0 per cent cash dividend for general shareholders and 5.0 per cent stock...
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