SINGAPORE, Dec 20 (Reuters): Heading into 2024, analysts say the US recession they'd been forecasting for two years isn't coming anymore. Everyone else, from companies to investors, is still bracing for a slowdown caused by tepid consumer demand.Dissonance between the...
AB Bank distributed loans to women entrepreneurs after a training session organised by Trinamool Women Entrepreneurs Society (Grassroots) in Sylhet on the occasion of Victory Day. Saiful Islam, executive director of Sylhet office of the Bangladesh Bank, was present as...
First Security Islami Bank inaugurated five agent banking outlets on Wednesday. The outlets are - Time Bazar agent banking outlet, Moheshkhali, Cox's Bazar; Gouripur Bazar agent banking outlet, Madhaia Bazar, Cumilla; Chandpur Bazar agent banking outlet, Brahmanbaria; Purasava More agent...
FE REPORT | 2023-12-21 00:00:00
GSP Finance Company (Bangladesh) reported a loss of Tk 667 million for the nine months through September this year owing to a drop in interest income while interest expenses soared.The non-bank financial institution (NBFI) made a profit of Tk 98.84...
Southeast Bank launched eight agent banking outlets across the country. Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, inaugurated the outlets virtually as the chief guest. The outlets are Jidu Dairy Farm, Sarker Cosmetics & Gift Corner, Mahadi Enterprise,...
The 23rd annual general meeting (AGM) of Central Depository Bangladesh Limited (CDBL) was held virtually on Wednesday. Chairman of CDBL Sheikh Kabir Hossain presided over the AGM. CDBL Vice Chairman AKM Nurul Fazal Bulbul and members of the board of...
MOHAMMAD MUFAZZAL | 2023-12-21 00:00:00
Asset managers dealing with open-ended mutual funds (MFs) have been enduring liquidity pressure while having to pay off unitholders against the sell-off of units for investments are stuck in the capital market due to floor price. In recent years, open-ended...
NEW DELHI, Dec 20 (Reuters): India has urged the Group of Seven (G7) countries to delay an incoming ban on Russian diamonds because the rules to trace the origins of gems remain unclear, two sources aware of the matter said.India,...
Gold prices steadied above the key $2,000 level on Wednesday, buoyed by expectations of the Federal Reserve's interest rate cuts next year, while investors awaited US inflation numbers due later in the week, reports Reuters.Spot gold was little changed at...
A view-exchange meeting with former chairmen of Bangladesh Power Development Board (BPDB) was held at Bidyut Bhaban in Dhaka on Tuesday. BPDB Chairman Md Mahbubur Rahman presided over the meeting on the future of BPDB.
A seminar on 'Bangladesh Delta Plan 2100: Prospects, Implementation and Coordination among Stakeholders' was held at the Multipurpose Hall of Pani Bhaban at Green Road in the city on Tuesday. Md Tofazzel Hossain Miah, Principal Secretary to the Prime Minister,...
LONDON, Dec 20 (Reuters): Global oil benchmark Brent hovered around $80 a barrel on Wednesday amid jitters over global trade disruption and geopolitical tensions in the Middle East following attacks on ships by Yemen's Iran-aligned Houthi forces in the Red...
SINGAPORE, Dec 20 (Reuters): A growing number of Chinese semiconductor design companies are tapping Malaysian firms to assemble a portion of their high-end chips, keen to hedge risks in case the U.S. expands sanctions on China's chip industry, sources said.The...
BEIJING/MUMBAI, Dec 20 (Reuters): Asian fertiliser buyers are seeking alternatives to Chinese supplies on concerns the world's top exporter has become an increasingly unreliable supplier after curbs on shipments to protect its domestic market, buyers and analysts said.China is the...
desh, its biggest buyer of the vegetable.To overcome the shortage, Bangladesh is trying to source more from China, Egypt and Turkey, said commerce ministry official Tapan Kanti Ghosh.As general elections approach next month in Bangladesh, the government has begun selling...
Women entrepreneurs pose for photo at the 'Uddokta 101 Trade Fair' organised by BRAC Bank at its Head Office in the city recently. The main objective of the fair was to promote the products made by women entrepreneurs and help...
The 48th Board Meeting of Community Bank Bangladesh PLC. was held at the Police Headquarters on Tuesday. The meeting was chaired by Chowdhury Abdullah Al-Mamun, Inspector General of Police and Chairman of Community Bank. Masihul Huq Chowdhury, Managing Director &...
Sonali Bank PLC and Mutual Trust Bank (MTB) PLC signed an agreement under which MTB customers can pay their chalan, utility bill, pension scheme installments and various charges and fees by using Sonali payment gateway services. The signing ceremony was...
FE REPORT | 2023-12-21 00:00:00
The potential challenges facing Bangladesh following graduation from the least developed country (LDC) club are now a major concern for policymakers, according to Finance Secretary Dr Md Khairuzzaman Mozumder.After the graduation, he warned that exports could decline due to the...
SAKIB MAHMUD | 2023-12-21 00:00:00
In a world driven by innovation and progress, finding effective solutions to complex problems often requires a fresh and unconventional approach. First principles thinking, a concept popularised by renowned business magnate Elon Musk, is a powerful tool that encourages individuals...
SHEHRIN RADIYAT SHAHNAWAZ | 2023-12-21 00:00:00
"Congratulations! You're finally getting to work in your dream organisation. You must be really excited to get started," a friend says to you. "Yeah, I'm definitely looking forward to it," you reply. You had been anticipating this day since the...
ROUNAK MARIUM | 2023-12-21 00:00:00
We probably heard about the 'American Dream' from movies or books or in different pop culture references, where a person who comes from nothing makes a generational wealth from entrepreneurship or being an entertainer of some sort in the USA....
Weather may remain dry with temporary partly cloudy sky over the country until 06:00 pm today (Thursday), according to the Met Office.Night and day temperature may remain nearly unchanged over the country.The highest temperature in the country on Wednesday was...
Woman held with 8 kg gold at HSIACustoms officials arrested a woman with over eight kg of gold worth Tk 65.7 million from Hazrat Shahjalal International Airport (HSIA) on Tuesday night. The arrestee is Rekha Parvin. Rekha reached Dhaka from...
Police have arrested a young woman and her mother for stealing a 5-day-old baby from Chattogram Medical College Hospital, reports bdnews24.com.Nasima Akhter (23) and her mother Kharu Akhter (42) were held in Feni's Parshuram on Wednesday after the child was...
Two policemen have been arrested from city's Sher-e-Banglanagar area on charges of extortion and kidnapping, reports UNB.The arrestees are sub-inspectors Tuhin Kazi and Moshiur Rahman Taposh. Both were posted at Mirpur Shah Alithana.They have already been suspended after primary investigation.Being...
The 2nd death anniversary of Dr Chowdhury Hasan Mahmud, former managing director of GME Group, will be observed today (Thursday), says a press release.Chowdhury Hasan was born at Binajuri village in Raozan upazila of Chattogram.He left behind his wife and...
Director General of Border Guard Bangladesh Major General AKM Nazmul Hasan cutting a cake at its Peelkhana headquarters in the city on Wednesday, marking the BGB Day-2023
The US Soybean Export Council (USSEC) has awarded Bangladesh Agricultural Research Institute (BARI) for its outstanding agricultural research and innovation. Every year, USSEC recognises and awards the best candidate in their region who has dedicated their career to food and...
The Rupsha Express train from Chilahati to Khulna narrowly escaped an accident after rail sleepers - components that maintain the correct space of the gauges between rail tracks - were removed near Dinajpur's Birampur station. The Panchagarh Express train was...
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