BEIJING, Dec 6 (Reuters): China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even as it aims to start phasing down coal use in the second...
Commercial Bank of Ceylon PLC signed a memorandum of understanding (MoU) with Air Astra, an airline company in Bangladesh. Kapila Liyanage, Deputy Chief Executive Officer & Chief Operating Officer of Commercial Bank of Ceylon PLC, and Mozammel Haque Bhuiya, Head...
Standard Bank Limited organised a workshop on "IT & Cyber Security Awareness" on a virtual platform with the participation of many officials recently. Md Habibur Rahman, Managing Director & CEO of the bank, was present as the chief guest. Among...
The 37th meeting of the Risk Management Committee of the board of directors of Modhumoti Bank was held virtually on Tuesday. The meeting was presided over by Mostafa Kamal, chairman of the Risk Management Committee of Modhumoti Bank. Among the...
Exim Bank has signed a Memorandum of Understanding (MoU) with Apollo Multispeciality Hospitals Limited, Kolkata at a programme held at Exim Bank's head office, Dhaka recently. Managing Director and CEO of Exim Bank Mohammad Feroz Hossain and Chief Executive Officer...
bKash, the largest MFS provider of the country, has organised a two-day long annual seminar to boost skills of all employees engaged in Anti Money Laundering and Combating the Financing of Terrorism (AML&CFT) compliance functions, reports BSS.Employees engaged in AML&CFT...
Md. Jahangir Alam, a veteran banker having more than 3 decades of experience has recently joined shariah-based Union Bank PLC.as its Deputy Managing Director, says a press release. Prior to joining this 4th generation shariah-based, Mr. Alam was CAMLCO and...
Shimanto Bank Limited has changed its name as 'Shimanto Bank PLC.' effective from December 5 in compliance with the recent amendment to the Companies Act. Shareholders' approval was accorded to this effect. The Bangladesh Bank has issued a circular in...
FE REPORT | 2023-12-07 00:00:00
The stock market regulator has imposed a fine of Tk 500,000 on Biplob Holdings Ltd for violating securities rules.The Bangladesh Securities and Exchange Commission (BSEC) disclosed the regulation enforcement decisions for November on its website on Wednesday.It also served warnings...
BABUL BARMAN and FARHAN FARDAUS | 2023-12-07 00:00:00
After Power Grid, the state-run Dhaka Electric Supply Company (DESCO) has decided to issue shares against funds received from the government to comply with a three-year-old directive from the Financial Reporting Council (FRC).The DESCO board at a meeting on Tuesday...
NCC Bank has distributed agricultural materials free of cost among the marginal corn farmers of former enclave of Patgram, Lalmonirhat recently. M. Shamsul Arefin, Managing Director & CEO (C.C.) of NCC Bank, presided over the ceremony while Md. Nurul Islam,...
Trust Bank Limited recently inaugurated its relocated Dhanmondi Corporate Branch at a new premises at 759, Delvista Phooljhuri, Satmasjid Road, Dhanmondi, Dhaka. Humaira Azam, Managing Director and CEO of the bank, inaugurated the relocation programme.
A 31-member business delegation from Saudi Arabia is visiting Bangladesh to explore investment opportunities, reports UNB.Saudi Investment Minister Khalid Abdul Aziz Al Falih and Deputy Minister for Investors Outreach Badr Ibrahim Al Badr came separately to Dhaka.The high-level business delegation...
Southeast Bank PLC. organized a focus group discussion (FGD) with the cottage, micro, small and medium enterprise (CMSME) entrepreneurs as part of the ongoing research on "Identifying Demand and Supply Gap in the Medium to Long Term SME Financing" recently....
FE REPORT | 2023-12-07 00:00:00
Commerce Minister Tipu Munshi on Wednesday said the government was taking adequate measures to ensure a sufficient supply of essentials, including dates and keep the market stable during Ramadan."All possible measures will be taken so that people can easily buy...
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has called for speeding up customs-related procedures more, particularly the faster clearance of export-import goods, to enhance the competitiveness of readymade garment industry, reports UNB.A delegation of BGMEA led by President Faruque...
In a pioneering collaboration, the Bangladesh Association of Software and Information Services (BASIS), the leading trade-body of the ICT industry, and Prime Bank Investment Limited (PBIL), a leading investment bank, have joined forces to catalyze access to the capital market...
ISMAIL HOSSAIN | 2023-12-07 00:00:00
The mobile network operators (MNOs) have sought a meeting with the telecoms regulator BTRC over internet data package rates as, according to them, the data prices were 'forcibly reduced'.The Association of Mobile Telecom Operators of Bangladesh (AMTOB) has recently written...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rajshahi, Mymensingh, Dhaka, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Thursday), according to the...
With an air quality index (AQI) score of 184 at 9:10 am on Wednesday, Dhaka ranked third on the list of cities worldwide with the worst air quality, reports UNB.Pakistan's Lahore and India's Delhi occupied the first and second spots,...
A Memorandum of Understanding (MoU) was signed between Universal Medical College Hospital (BD) and Interhealth Hospital of Saudi Arabia in the city on Wednesday. Through the MoU, the two hospitals reached an agreement to work together in health-education and healthcare...
A 54-year-old woman was killed when a police microbus carrying an accused hit her on the Dhaka-Chattogram Highway in Mirsarai upazila of Chattogram on Wednesday, reports UNB.The deceased was identified as Firoza Begum, wife of Enamul Hoque of Bhuiyan village...
A fresh batch of 145 irregular Bangladeshi citizens returned home from Libya on Wednesday by a chartered flight of Buraq Air, taking the total number of returnees to 398 so far, reports UNB.The Bangladeshis were in Benghazi detention centre, said...
Prime minister Sheikh Hasina has been ranked 46th in the US magazine Forbes' list of "The World's Most Powerful Women 2023" published on Tuesday, reports BSS.In the previous year, the premier was ranked 42nd in Forbes' list of powerful women.She...
FE REPORT | 2023-12-07 00:00:00
The CIVICUS, a global civil society alliance, in a new report on Wednesday downgraded Bangladesh's civic space to 'closed,' its worst rating.CIVICUS, headquartered in Johannesburg, South Africa, downgraded the country for a massive government crackdown on opposition politicians and independent...
A Dhaka court has sentenced 12 leaders and activists of BNP to three years in prison in a sabotage case filed with city's Kotwali thana, reports BSS.Dhaka Metropolitan Magistrate Saiful Islam pronounced the judgment on Wednesday.He sentenced them to one...
FE REPORT | 2023-12-07 00:00:00
Barrister Shahjahan Omar, who recently jumped ship and joined the ruling camp, faced verbal sparring from pro-BNP lawyers at the Supreme Court Bar Association (SCBA) building on Wednesday.The sacked BNP vice-chairman has stood for parliament on the Awami League ticket...
A Dhaka court has rejected the bail petitions of BNP standing committee member Amir Khasru Mahmud Chowdhury and its media cell convener Zahir Uddin Swapan in a case filed over the killing of a policeman during BNP rally on October...
Violating the electoral code, before the allocation of symbols, candidates have started electioneering for the 12th Jatiya Sangsad election by hanging posters overhead, The photo was taken from the city's Lalbagh area on Wednesday — FE photo
BNP Senior Joint Secretary General Ruhul Kabir Rizvi has urged the political parties and individuals who submitted nomination forms to stay away from a 'stage-managed' national election billed for January 7 to avert public wrath, reports UNB.The BNP leader came...
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