NEW YORK, Mar 17 (Reuters): When Nvidia CEO Jensen Huang takes the stage this week for the company's annual software developer conference, he will defend his nearly $3 trillion chip company's dominance as pressure mounts on its biggest customers to...
RIYADH, Mar 17 (Arab News): Interest among UK business leaders in the Middle East as a key investment hub has doubled to 36 percent, driven by the region’s economic transformation and strategic appeal, a new survey has revealed.The study, conducted...
BEIJING, Mar 17 (Reuters): China's retail sales growth quickened in January-February in a welcome sign for policymakers' efforts to boost domestic consumption even as joblessness rose and factory output eased, underscoring the strains on an economy facing fresh US trade...
NEW DELHI, Mar 17 (Reuters): Automakers Tata Motors and Maruti Suzuki India said on Monday that they will increase the prices of vehicles to offset raw material and operational costs.Tata Motors will hike prices of its commercial vehicles, including trucks...
SEOUL, Mar 17 (AFP): Samsung Electronics must adopt a "do-or-die" mindset, its chairman told executives, to confront the challenges posed by artificial intelligence that are upending the industry, Yonhap news reported Monday.South Korean giant Samsung has been struggling to meet...
MUMBAI, March 17 (Reuters): Indian bond market participants want the government to lower supply of ultra-long debt in the fiscal year that starts April 1, five treasury officials said on Monday.India's central bank, the government's debt manager, met market participants...
VIP Industries Ltd., insured by Bangladesh General Insurance Company (BGIC) PLC, faced a devastating fire at its VIP-1 Bag Factory in Mangla EPZ, Khulna, on January 31, 2023. Following the incident, VIP Industries applied to BGIC for an advance payment....
The 8th meeting of the newly formed Audit Committee of the Union Bank PLC was held at the bank's Head Office in the city on Monday. Chairman of the Audit Committee Sheikh Zahidul Islam presided over the meeting. Committee members,...
An emergent meeting of the Board of Directors of Shippers' Council of Bangladesh (SCB) was held on Sunday at its office in Dhaka, with its Chairman Md Rezaul Karim in the chair. The meeting approved the minutes of the previous...
Prime Bank signed an agreement with As-Sunnah Foundation at the bank's Gulshan corporate office in the capital recently. According to the agreement, Prime Bank will collect deposits under the `Sadaqah Jariyah' account and invest the money based on the Mudaraba...
Ali Martuza, a small trader from Jatrabari in Dhaka, won Tk 1 million as part of the 'Millionaire' offer under the Walton's ongoing Digital Campaign Season-22 after purchasing a Walton-brand refrigerator. Earlier, Rasel Fakir, a college student from Charbhadrasan upazila...
FE REPORT | 2025-03-18 00:00:00
Stocks declined on Monday as investors rushed to secure short-term profits. The prime index of the Dhaka Stock Exchange (DSE) fell 16.50 points to settle at 5,205.The capital market continued its downward spiral from the previous session as cautious selling...
Safety Garments Bangladesh Co Ltd., a Chinese company, is set to invest US$ 12.25 million in Mongla Export Processing Zone (EPZ) to establish a high-end garments manufacturing facility, reports BSS. The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement...
FE REPORT | 2025-03-18 00:00:00
Market stakeholders urged the revenue authority to widen the corporate tax rate gap to at least 10 percentage points between listed and non-listed firms so that good companies feel encouraged to float shares to the public. At present, listed firms,...
AB Bank PLC., the first private sector bank of the country, hosted an Iftar Mahfil for the media personnel on Sunday in recognition of their contribution to fearless and constructive journalism. Journalists from different print, electronic & online news portals...
FE REPORT | 2025-03-18 00:00:00
Johan Buse has been appointed as the chief executive officer (CEO) of Banglalink effective from April 6.The announcement was made on Monday by Nasdaq-listed global digital operator VEON Ltd, which owns the mobile operator as its subsidiary company.Mr. Buse will...
GULAM RABBANI | 2025-03-18 00:00:00
In a significant move for boosting export and import, the country's civil aviation watchdog is set to launch cargo services from two more international airports after the Hazrat Shahjalal International Airport (HSIA) in Dhaka.This service will be launched from the...
The government is taking initiatives to make jute bags more accessible and affordable in the market, said Commerce Adviser Sk Bashir Uddin on Monday.Speaking at a meeting at the Ministry of Commerce Ministry's conference room in the Secretariat, Sheikh Bashir...
FE REPORT | 2025-03-18 00:00:00
The United Kingdom (UK) has shown interest in supporting Bangladesh's economic growth through increasing investment in different sectors.During a recent high-level meeting, the two countries have discussed strategies to enhance bilateral trade and investment.At the meeting, Chowdhury Ashik Mahmud Bin...
FE REPORT | 2025-03-18 00:00:00
The interim government will take an immediate measure to recognise cotton as an agricultural product so that growers can get low-interest loans as well as subsidy to boost cotton cultivation."There will be a positive decision in two or three months...
MOSCOW, March 17 (Reuters): Russia plans to produce at least 60,000 metric tons of lithium carbonate in 2030, the natural resources ministry said on Monday, as Moscow seeks to reduce its dependency on imports and boost production of high-capacity electric...
LONDON, March 17 (Reuters): Copper prices rose on Monday, supported by the latest economic stimulus plan from top metals consumer China and a weaker dollar, with traders awaiting more clarity on US tariff risks and their effect on global growth.Benchmark...
Safe-haven gold firmed on Monday, trading near an all-time high scaled in the previous session, while the market's focus shifted to the US Federal Reserve's meeting this week, reports Reuters.Spot gold added 0.5% to $2,997.84 an ounce, as of 1141...
JAKARTA, March 17 (Reuters): Malaysian palm oil futures closed lower on Monday, tracking movement of rival edible oils at the Dalian market, while poor export data weighed down and capped gains.The benchmark palm oil contract for June delivery on the...
A Letter of Agreement has been signed between Gazipur Agricultural University (GAU) and the United Nations Development Programme (UNDP) to develop suitable methodologies for extracting valuable products from fish waste, with plans to expand this process in the future. The...
LONDON, March 17 (Reuters): Oil traded higher on Monday after the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned group ends its assaults on shipping while Chinese economic data fuelled hopes for higher demand.US President Donald Trump...
LONDON, Mar 17 (AP): After 70 long years the wait is over for Newcastle.The Saudi-backed club beat Liverpool 2-1 on Sunday to win the English League Cup and end an agonizing trophy drought.Dan Burn and Alexander Isak scored either side...
The Pakistan Cricket Board (PCB) has reportedly suffered a staggering $85 million (Rs 737.8 crore) loss after hosting the ICC Champions Trophy, a tournament in which the national team played only one home match before being eliminated, as reported by...
INDIAN WELLS, United States, Mar 17 (Reuters): Jack Draper turned his childhood dreams into reality at Indian Wells on Sunday, claiming his maiden Masters 1000 title and catapulting himself into the top 10 for the first time after a rapid...
INDIAN WELLS, United States, Mar 17 (Reuters): Russian teenager Mirra Andreeva fought back to overcome world number one Aryna Sabalenka 2-6 6-4 6-3 in the Indian Wells final on Sunday, winning a second WTA 1000-level event in a row to...
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