The 47th Board Meeting of Community Bank Bangladesh Limited was held at the Police Headquarters on Monday. The meeting was chaired by Inspector General of Police Chowdhury Abdullah Al-Mamun, who is also the Chairman of Community Bank. Managing Director &...
KARACHI, Nov 28 (Reuters): The Asian Development Bank said on Tuesday it had approved a $180 million loan to improve water supply and solid waste management services in two cities in Pakistan's Punjab province."This project will help make municipal services...
MUMBAI, Nov 28 (Reuters): Chinese payments group Alipay plans to sell its 3.4 per cent stake in Indian food delivery giant Zomato for nearly $400 million through block deals on Indian stock exchanges, according to three sources and a Reuters...
The 25th Annual General Meeting (AGM) of Union Capital Limited was held on a digital platform on Tuesday. Chairman & Independent Director of the company Munshi Shafiul Haque presided over the meeting. Directors Nadeem A. Chaudhury, Waqar A. Chaudhury, Meherunnesa...
IPDC Finance has signed an MoU with United Hospital Limited as a valued partner for IPDC Priti, the retail service platform of IPDC tailored for women clients. From IPDC Finance, Farzana Ahmed, Head of Priti; and Monica Kabir, Senior Executive,...
Standard Bank Learning Centre organised a daylong training on 'Best Practices in International Trade' recently. Officials of Foreign Trade Department of AD branches of the bank participated in the programme presided over by Md. Siddiqur Rahman, Deputy Managing Director &...
Standard Chartered Bangladesh recently won three awards at the Mastercard Excellence Awards 2023 in the following categories -- 'Excellence in Mastercard Contactless (Issuing)', 'Excellence in Mastercard Credit Business (International)', and 'Excellence in Mastercard Business (Innovation)'. Naser Ezaz Bijoy, Chief Executive...
BRAC Bank has achieved five awards at the Mastercard Excellence Awards 2023 in the following categories -- Excellence in Mastercard Credit Business (Domestic), Excellence in Mastercard Credit Business (International), Excellence in Mastercard Contactless (Issuing), Excellence in Mastercard Contactless (Acquiring), and...
A 50-member trade delegation from Bangladesh will be visiting Thailand to take part in the biggest business-to-business matchmaking seminar to be held in Bangkok on November 30, reports UNB.The delegation will be led by Abdur Rahim, Additional Secretary to the...
The government has undertaken a project to provide Tk 2.7 billion as incentive for 200,000 migrant workers who returned from abroad, reports UNB.Senior secretary of the Expatriates' Welfare and Overseas Employment Ministry Dr Ahmed Munirus Salehin revealed this while speaking...
FE Report | 2023-11-29 00:00:00
A regional one-stop service centre (OSSC) was inagurated at the Bangladesh Special Economic Zone (BSEZ) in Araihazar, Narayanganj on Tuesday aimed at ensuring a seamless solution for potential investors.The regional OSSC would act as a central hub for various administrative...
FE REPORT | 2023-11-29 00:00:00
An Iranian company has offered Bangladesh to supply granular urea fertiliser, sulfur, and wheat at up to 30 per cent lower prices compared to international market prices, officials said.The Tehran-based trading company, Petroimc Group, one of the world's major traders...
OSLO, Nov 28 (Reuters): Norway's $1.5 trillion sovereign wealth fund, the world's largest, should include private equity investments in its portfolio, allocating up to $70 billion, the country's central bank recommended on Tuesday.The Norwegian finance ministry in March asked the...
Exchange-traded funds (ETFs) tracking US retailers outpaced the broader stock market on Monday, with most posting gains amidst record holiday sales, reports Reuters.Shoppers and retailers spent record amounts on Black Friday and Cyber Monday - or the Friday and Monday...
LONDON, Nov 28 (Reuters): Global stocks steadied on Tuesday, underpinned by the conviction among investors that the Federal Reserve will not raise rates again, which kept the dollar at three-month lows and supported gold above $2,000 an ounce.Traders will have...
LONDON, Nov 28 (Reuters): Britain plans further measures to encourage people to buy shares in an effort to boost economic growth and help convince companies to list in London rather than the United States.The Conservative government has come under pressure...
India's markets regulator plans to lower capital and disclosure requirements for fund houses that run passive investment schemes, according to three sources with direct knowledge of the matter, reports Reuters.Proposed new rules would also allow existing fund houses to hive...
The Premier Bank launched its Gulshan Avenue Branch at Simple Tree Anarkali, Gulshan Avenue in the city on Tuesday. Dr HBM Iqbal, founder chairman of The Premier Bank, opened the branch as the chief guest. M Reazul Karim, managing director...
Mercantile Bank launched three sub-branches across the country on Tuesday. M Amanullah, sponsor director of the bank and chairman of Mercantile Exchange House (UK) Limited, inaugurated the sub-branches as the chief guest virtually. Three sub-branches are Sarojganj sub-branch in Chuadanga,...
FE REPORT | 2023-11-29 00:00:00
Jute Spinners' annual loss almost doubled year-on-year to Tk 142.43 million in FY23, while accumulated losses of the last 11 years reached around Tk 900 million. It has been producing nothing since 2016. The company suffered a net loss of...
FE REPORT | 2023-11-29 00:00:00
The securities regulator has lifted its embargo on IPO (initial public offering) subscription of Asiatic Laboratories, meaning the company can now collect money from the primary market.The regulator took the decision at a meeting on Tuesday after an accurate valuation...
Bank Asia Limited celebrated its 24th founding anniversary with the theme 'Partnering Progress' at Bank Asia Tower in Dhaka's Karwan Bazar recently. Chairman of the bank Romo Rouf Chowdhury celebrated the anniversary by cutting a cake along with the members...
Syed Manzur Elahi, chairperson of Apex Footwear Limited, presided over the 33rd annual general meeting (AGM) of the company on Tuesday virtually. Syed Nasim Manzur, managing director, and other directors including senior officials of the company attended the meeting. The...
FE REPORT | 2023-11-29 00:00:00
The troubled Ring Shine Textiles reported a record loss in FY23 amid doubts hovering over the ownership transfer to another local textile company and five Singaporean entities, approved nearly a month ago. The Bangladesh Securities and Exchange Commission (BSEC) attached...
Imran denied public trialLAHORE, Nov 28: Former Pakistani Prime Minister Imran Khan, who is in jail, was not brought to court for a trial on Monday because the government said there were threats to his life, his lawyer said. The...
JOHANNESBURG, Nov 28 (BBC): An accident at a platinum mine in South Africa has killed 11 workers and injured 75, the mine's operator says. Impala Platinum chief executive Nico Muller described it as the "darkest day" in the the company's...
SEOUL, Nov 28 (TASS): North Korean leader Kim Jong Un has familiarized himself with the pictures of the White House and the Pentagon taken by the Malligyong-1 reconnaissance satellite, the North Korean Central News Agency reported.In the early morning hours...
DUBAI, Nov 27 (BBC): Toxic pollutants released during gas flaring are endangering millions more people than previously feared, a BBC investigation suggests. Flaring - the burning of waste gas during oil drilling - is taking place across the Gulf, including...
TEL AVIV, Nov 28 (AP): Israel and Hamas agreed to extend their cease-fire for two more days past Monday, raising the prospect of further exchanges of militant-held hostages for Palestinians imprisoned by Israel and a longer halt to their deadliest...
SYDNEY, Nov 28 (AFP): Aryna Sabalenka will launch preparations for the defence of her Australian Open crown by playing at the Brisbane International, organisers said on Tuesday.Elena Rybakina -- beaten by Sabalenka in the final in Melbourne at the start...
© 2024 - All Rights with The Financial Express
