Esmoth Ara Yesmin, a housewife and a resident of Feni's Chhagalnaiya Upazila, has been awarded 200 per cent cash voucher after she had bought a Walton brand refrigerator as the customer's benefit declared in the company's ongoing Digital Campaign Season...
Bajaj Auto along with Uttara Motors launched the first groundbreaking higher CC Pulsar N250 Motorcycle in Bangladesh, solidifying its place as the go-to choice for motorcycle enthusiasts in the country, said a press release. Indian High Commissi-oner Pranay Verma attended...
FE REPORT | 2023-11-28 00:00:00
Richard D' Rozario, managing director of Global Securities, has been elected uncontested as a shareholder-director of the Dhaka Stock Exchange for the next three years.Mr Rozario will replace Md Siddiqur Rahman, chairman of Sterling Stocks and Securities, who is retiring...
Md Mahiul Islam, head of retail banking, and Ahmed Rashid Joy, head of credit risk management, have been promoted to deputy managing director at BRAC Bank, according to a statement. The promotions will be effective from December 1, 2023. Mr...
FE REPORT | 2023-11-28 00:00:00
Stocks suffered a big jolt on Monday as jittery investors dumped their holdings, fearing further erosion of their portfolios.The latest policy rate hike by a further 50 basis points amid a tightened monetary space fueled concerns among investors regarding the...
FE REPORT | 2023-11-28 00:00:00
S.S. Steel is set to acquire fixed assets of two non-listed steel makers -- Super Steel and Peninsula Steel Mills, located at Sitakunda in Chattogram -- as part of its business expansion.The fixed assets -- land (164 decimal), steel structure...
BABUL BARMAN | 2023-11-28 00:00:00
The mutual fund industry found itself in a tight spot in FY23, as the price movement restriction kept the market stagnant throughout the year giving little opportunity for capital gains. Open-ended mutual funds that secured commendable double-digit returns a year...
BENGALURU, Nov 27 (Reuters): India's economic expansion likely moderated but remained strong in the September quarter, supported by robust service activity and solid urban demand despite a global slowdown dampening export growth, according to a Reuters poll of economists.Gross domestic...
MOSCOW/DELHI, Nov 27 (Reuters): One of Russia's most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of the drawbacks of payment in currency other than dollars, with no short-term...
Rupali Bank held an awareness meeting on grievance redress management system with the stakeholders of the bank at its Noakhali regional office recently. Managing Director and CEO of the bank Mohammad Jahangir was present as the chief guest while Zonal...
National Life Insurance Co. Ltd., a leading insurance company, has achieved the 4th Emerging Asia Insurance Award 2023 as the 'Best Life Insurance Company' in the country. CEO of the company Md Kazim Uddin and CFO Prabir Chandra Das received...
Nagad, a popular mobile financial service provider, has clinched Mastercard Excellence Award 2023 for its outstanding contribution to credit card bill payments. The mobile money carrier has been honoured with this prestigious award as the "Master Evolution". Nagad Executive Director...
Prime Bank PLC has won Mastercard Excellence Awards 2023 in the 'Debit Business (Domestic)' category. Nazeem A Choudhury, Deputy Managing Director of the bank, along with Masudul Haque Bhuiyan, Head of Cards & Alternative Delivery Channel, received the award from...
LankaBangla Finance PLC has won the Mastercard Excellence Awards 2023 in the categories of 'Mastercard Contactless (Issuing)' and 'Mastercard Credit Business (Domestic)'. Khwaja Shahriar, Managing Director & CEO of LankaBangla Finance, received the awards at a programme held at a...
WASHINGTON, Nov 27 (Reuters): Sales of new US single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability, but the housing segment remains supported by a persistent shortage of previously owned properties on the market.New...
REZAUL KARIM | 2023-11-28 00:00:00
The Bangladesh Trade and Tariff Commission (BTTC) has recommended exempting the income of indenting services from value-added tax (VAT) as these earnings are recognised as export earnings by the government. Currently, indenting agents in the country are required to pay...
Summit Communications and Amal Foundation have signed a Memorandum of Understanding (MoU) to introduce 'Project Poripurna', a women's empowerment project aimed at uplifting communities in need. According to the MoU, Summit Communications will fund the project, says a press release....
ASJADUL KIBRIA | 2023-11-28 00:00:00
The South Asian Association for Regional Cooperation (SAARC) is in hibernation now and it can only be restored with many changes, Indian trade and connectivity expert Dr Prabir De has said. "It is known to all that India-Pakistan rivalry is...
HAMBURG, Nov 27 (Reuters): Chicago soybeans rose from their lowest in around three weeks on Monday as dealers waited to see how much urgently needed rain would fall in Brazilian crop areas after leading consultants cut harvest forecasts.Wheat and corn...
Gold prices hit a more than six-month high on Monday, firming above the $2,000 per ounce level, as a weaker dollar and expectations of an end to US interest rate hikes lifted demand, reports Reuters.Spot gold was up 0.6 per...
LONDON, Nov 27 (Reuters): Oil prices fell on Monday, with the Brent benchmark dropping below $80 a barrel as investors awaited this week's OPEC+ meeting and expected curbs on supplies into 2024.Brent crude futures were down 91 cents, or 1.1...
NEW DELHI, Nov 27 (AFP): Hardik Pandya has been traded to his former franchise Mumbai Indians from Gujarat Titans with Cameron Green moving from Mumbai to Royal Challengers Bangalore, the IPL said on Monday.Five-time winners Mumbai got all-rounder Pandya back...
MÁLAGA, Spain, Nov 27 (Agencies): A dominant Jannik Sinner outclassed Australia's Alex de Minaur to help Italy secure their first Davis Cup title for 47 years.Italy won the Davis Cup for the first time since 1976 as Sinner crushed Minaur...
COLOMBO, Nov 27 (AFP): Sri Lanka's sports minister was sacked Monday hours after he accused President Ranil Wickremesinghe of trying to assassinate him over his moves to clean up corruption at the cricket board.Officials said Roshan Ranasinghe was dismissed ahead...
MANCHESTER, United Kingdom, Nov 27 (AFP): Newcastle must overcome the might of Paris Saint-Germain (PSG) and a mounting injury list if the Magpies' first foray into the Champions League for 20 years is not to come to a premature end...
Former Bangladesh captain Tamim Iqbal has announced that he will make a decision regarding his career path after the upcoming session of the Bangladesh Premier League (BPL), reports UNB.The BPL is scheduled to take place sometime following the next general...
OUR CORRESPONDENT | 2023-11-28 00:00:00
CHATTOGRAM, Nov 27: The 9th KSRM Golf Tournament was held in colourful arrangements at Bhatiari Golf and Country Club on Friday. A total of 196 golfers participated in the tournament including women and senior category.On Friday morning, the chief guests...
The inaugural Test of the two-match series between hosts Bangladesh and the touring New Zealand is set to kick off at Sylhet International Stadium in Sylhet on Tuesday, reports agencies.This series marks the commencement of the new cycle of the...
China says surge in respiratory illnessescaused by flu, other known pathogensBEIJING, Nov 27: A surge in respiratory illnesses across China that has drawn the attention of the World Health Organization is caused by the flu and other known pathogens and...
CRÉPOL, Nov 27 (AFP): The French government urged calm Monday after the killing of a teenage boy at a village dance party earlier this month was followed up with violent demonstrations by the extreme right.The death of the 16-year-old, named...
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