FRANKFURT, Dec 14 (AFP): The European Central Bank and the Bank of England were on Thursday expected to pause rates again as inflation retreats, while markets cheered the US Federal Reserve's clear signal that it would start slashing borrowing costs...
RIYADH, Dec 14 (Arab News): The introduction of new cargo services and significant progress in container handling has propelled the Saudi Ports Authority, also known as Mawani, to achieve its greatest improvement on the UN's shipping index. Mawani has garnered...
MUMBAI, Dec 14 (Reuters): India's Tata Capital is looking to purchase a roughly 13 per cent stake in premium domestic fashion brand Rare Rabbit at a valuation of $300 million, as it seeks to bet on the country's affluent shoppers,...
WASHINGTON, Dec 14 (Reuters): A Chinese chip designer, part-owned by the country's top sanctioned chipmaker, is purchasing US software and has American financial backing, relationships that underscore the difficulty Washington faces applying new rules meant to block American support for...
The year-end development meeting of Bengal Islami Life Insurance Limited was held at a local community centre in Chakria recently. Managing Director and Chief Executive Officer of the company MM Monirul Alam was present as the chief guest while Cox's...
A delegation of Bangabandhu Sheikh Mujibur Rahman Maritime University, Bangladesh, led by its Vice-Chancellor Rear Admiral Mohammad Musa paid homage by placing a wreath at the Memorial of Martyred Intellectuals in Dhaka's Rayerbazar on Thursday to mark the Martyred Intellectuals...
On the occasion of the 53rd Victory Day, Padma Bank officially launched an attractive fixed deposit scheme named 'Bijay-71'. Tarek Reaz Khan, managing director and CEO of the bank, officially inaugurated the new scheme at the Gulshan head office on...
Eastern Bank (EBL), Entrepreneurs' Organisation (EO) and Visa launched a co-branded credit card on December 13 to offer financial solutions to EO members with a safer and more convenient payment option. Md. Zia Uddin, president of EO, was the chef...
Square Pharmaceuticals declared 105 per cent cash dividend to its shareholders for the year ended in June this year at its 57th Annual General Meeting held on Thursday . The AGM was presided over by the chairman of the company,...
The 32nd Annual General Meeting (AGM) of KDS Accessories Ltd was held on a virtual platform on Thursday, said a press release. The AGM approved a 10 per cent cash dividend for the shareholders for the year 2022-2023. Chairman of...
Square Textiles PLC has approved a 30 per cent cash dividend for its shareholders for the year ended June 30, 2023.The approval was given at the 28th Annual General Meeting (AGM) of the company held on a virtual platform on...
Concord Architects & Interior Decor Ltd (CAIDL) and Eastern Bank Ltd (EBL) have recently signed a Memorandum of Understanding (MoU), said a press release.Under the MoU, the EBL users will enjoy an exclusive 30 per cent discount on interior design...
FE REPORT | 2023-12-15 00:00:00
The capital market watchdog has permitted Shahjalal Islami Bank to collect Tk 5 billion by issuing bonds to strengthen its capital base.In a stock exchange filing on Thursday, the private commercial bank said it had taken the decision to issue...
FE REPORT | 2023-12-15 00:00:00
The daily turnover on the Dhaka bourse tumbled 38 per cent to go below Tk 5 billion on Thursday, as investors continued to show reluctance in investing in stocks amid growing political tension.The market has remained bearish for more than...
Citizen Portal or Sorkary Kroy Batayan is an important step towards increasing citizen participation in public procurement. The Citizen Portal is now a major source of public procurement information. The latest district-wise information on invitation of tenders and award of...
LONDON, Dec 14 (Reuters): The dollar dropped to a fresh four-month low on Thursday after the Federal Reserve indicated that its interest-rate hike cycle has ended and that lower borrowing costs are coming in 2024.On a busy day for policy...
The IBCF Research & Training Academy arranged a daylong workshop on "Digital Bank: Issues, Challenges, Opportunities and Potential for Digital Islamic Banks in Bangladesh" at the BAB office at Gulshan in Dhaka recently. Ambassador (Retd.) Mohammed Mohsin, former Foreign Secretary...
Prominent educator and social activist Professor Syed Shahjahan inaugurates a sub-branch of NRBC Bank PLC. at Chowmatha, Barishal on Thursday as the chief guest. Major ( Retd.) Parvez Hossain, Head of Support Services and Branches Division, Gopal Chandra Roy, Head...
The name of state-owned Rupali Bank Limited has been changed to Rupali Bank PLC, says a statement.Rupali Bank Limited was approved as Rupali Bank PLC as per BRPD Circular Letter No. 77 on Thursday. From now on, the bank will...
A corporate Memorandum of Understanding (MoU) was signed between BAIRA Life Insurance Company Limited and Teletalk Bangladesh Limited, the only state-owned mobile network operator in the country, says a press release. Md Jahangir Alam, Chief Executive Officer of BAIRA Life...
World's leading health research institute icddr,b is offering instant cashback up to Tk 100 on bKash payment on any diagnostic test, says a press release.Customers will enjoy a flat Tk 50 instant cashback on a minimum of Tk 2,500 bKash...
NAZIMUDDIN SHYAMOL | 2023-12-15 00:00:00
CHATTOGRAM, Dec 14: Discussions are currently underway with a private port operator that complies with international standards for the lease of the New Mooring Container Terminal (NCT), as the Chittagong Port Authority (CPA) looks to lease out this important container...
FHM HUMAYAN KABIR FROM DUBAI | 2023-12-15 00:00:00
Bangladesh is the 10th-largest market of US Soybean as year-on-year import is growing mainly to produce cooking oil and feed for poultry, aquaculture and livestock, according to market insiders.The country's private-sector leaders and experts said US soybean consumption by local...
Middle order batter Yasir Ali Rabbi hit a century as East Zone beat Central Zone by seven wickets in their second match of the Bangladesh Cricket League (BCL) at Zahur Ahmed Chowdhury Stadium in Chattogram on Thjursday, reports BSS. East...
PARIS, Dec 14 (AFP): Paris Saint-Germain (PSG) and Porto qualified for the Champions League last 16 on Wednesday as Newcastle bowed out of Europe after losing 2-1 at home to AC Milan.PSG drew 1-1 away to Group F winners Borussia...
PERTH, Australia, Dec 14 (Agencies): Veteran opener David Warner hammered a gritty 164 to silence the critics and steer Australia to 346-5 against an inconsistent Pakistan attack in the first Test at Perth on Thursday.The 37-year-old batted for much of...
Soccer clubs paid a record $888.1 million in agent service fees in 2023, an increase of 42.5 per cent on the previous year, world governing body FIFA said in its annual "Football Agents in International Transfers" report released on Thursday,...
PERTH, Australia, Dec 14 (AFP): Australian allrounder Cameron Green revealed Thursday he suffers from a chronic kidney disease and that he was not expected to live past the age of 12.Now 24, he has gone on to become a key...
President of Bangladesh Olympic Association and Chief of Army Staff General SM Shafiuddin Ahmed posing with the winners of the Qatar Cup IWF Grand Prix II competition in Qatar on Wednesday — ISPR
The Bangladesh cricket team began their New Zealand tour on a positive note, securing a win in the tour match against New Zealand XI on Thursday, reports UNB.In a noteworthy performance, four batsmen notched up half centuries for Bangladesh, with...
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