The 383rd meeting of the Board of Directors of Shahjalal Islami Bank PLC was held on Thursday at the bank's Corporate Head Office. The meeting was presided over by the Chairman Mr A. K. Azad. The board approved a number...
BRAC Bank on Thursday signed a Memorandum of Understanding (MoU) with BRAC Kumon to provide essential financing support for BRAC Kumon franchisees. Deputy Managing Director and Head of SME Banking of BRAC Bank, Syed Abdul Momen, and Chief Business Officer...
NEW YORK, Aug 22 (Reuters): Investors are grappling with the market implications of a possible Kamala Harris presidential administration, which could pressure corporate profits through higher taxes while weighing on consumer staples and boosting solar energy.Harris' nomination is in focus...
FE REPORT | 2024-08-23 00:00:00
The stock market watchdog has taken punitive actions against controversial brokerage house Multi Securities & Services after it barred an inquiry team from entering its premises.The inquiry committee of the Bangladesh Securities and Exchange Commission (BSECB) went for a spot...
MOHAMMAD MUFAZZAL | 2024-08-23 00:00:00
The removal of independent directors from the boards of both the exchanges has been impeding regular operations and made it nearly impossible to form new boards in line with the stipulated rules.The independent directors of both the Dhaka and Chittagong...
GENEVA, Aug 22 (AFP): The Comoros on Wednesday became the 165th member of the World Trade Organization after negotiating terms for 17 years."I am particularly proud to welcome Comoros as the newest member of the WTO," said the organisation's director-general...
Mobile phone operator Robi is providing 20 minutes of free talk-time and 250 megabytes of free internet to provide emergency communication support in flood-hit areas, reports BSS.Robi customers can access this free talk-time and internet by dialling *212*1#, with a...
BEIJING, Aug 22 (AFP): Chinese internet giant Baidu posted flat second-quarter revenue on Thursday, as an uncertain economic outlook in the country weighs on household consumption.Baidu, which operates China's top search engine, derives a large part of its sales from...
LONDON, Aug 22 (Reuters): Eurozone business activity showed surprising strength in August despite firms raising prices, a survey showed, potentially weakening expectations for two more rate cuts from the European Central Bank this year.However there were signs the upswing may...
RIYADH, Aug 22 (Arab News): Saudi Arabia's non-oil exports increased by 7.3 per cent in June, reaching SR21.59 billion ($5.75 billion) compared to the same month last year, official data showed. According to data from the General Authority for Statistics,...
BENGALURU, Aug 22 (Reuters): India's business activity extended its robust growth streak in August as a stronger services industry offset a slight slowing in manufacturing expansion, according to a survey that indicated price pressures also were easing.Those findings suggest India...
The Unilever Consumer Limited has stood beside the flood-affected people in Sylhet region with emergency humanitarian assistance. This humanitarian assistance has been provided to some 1000 affected families in Sylhet region to offset the impact on the local economy and...
The 29th Annual General Meeting (AGM) of Al-Arafah Islami Bank PLC. approved 10% Cash Dividend and 5% Stock Dividend for the year ended on 31 December 2023. The AGM was held on Thursday with Chairman of the Bank Salim Rahman...
Jalal Ahmed, former chairman of Petrobangla, has been appointed as the new chairman of the Bangladesh Energy Regulatory Commission (BERC), reports UNB.The government has appointed him to lead the energy regulatory body for the next three years.Jalal's appointment follows the...
Mobile phone operator Grameenphone is providing free 10 minutes talk time and 500 MB of internet to help maintain emergency communication with everyone in flood-affected areas of Feni, Cumilla, Noakhali, Moulvibazar, Khagrachhari, Habiganj, and Brahmanbaria, reports BSS.Customers can avail of...
International Chamber of Commerce-Bangladesh (ICCB) has termed the BBIN (Bangladesh, Bhutan, India and Nepal) agreement as a catalyst for economic growth and development, reports BSS.The BBIN (Bangladesh, Bhutan, India and Nepal) initiative, officially launched in 2015, has been created to...
External interest payment increased by 162 per cent year-on-year in the first nine months of the fiscal year 2023-24 (FY24) as debt servicing for loans taken for some mega projects has started, reports BSS.According to the finance ministry's "Quarterly Debt...
NEW YORK, Aug 22 (Reuters): Walmart said on Thursday it has partnered with Restaurant Brands' Burger King to offer discounted meal benefits to its membership customers as the retail giant looks to make its services more attractive to compete better...
NEW DELHI, Aug 22 (Reuters): India overtook China as the world's biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels, a comparison of import data showed.Russian crude made up...
Futures linked to Canada's main stock index were muted on Thursday as losses in gold prices countered investor optimism around US rate-cut hopes in September, reports Reuters.September futures on the S&P/TSX index were unchanged at 0.0 per cent at 6:51...
WASHINGTON, Aug 22 (AFP): The US jobs market was probably cooler than expected in the year through March, Labor Department data showed Wednesday, signaling weaker but still-positive growth.US employers were estimated to have added 818,000 fewer jobs than initially reported...
Oil prices were steady on Thursday, after falling for four straight days as investors worried about the global demand outlook, but a decline in U.S. fuel inventories provided a floor, reports Reuters.Brent crude futures gained 31 cents, or 0.41 per...
TAIPEI, Aug 22 (AFP): Eight Taiwanese military servicemen were sentenced on Thursday to up to 13 years in prison for spying for Beijing, with the court saying they did it for the money.China claims self-ruled Taiwan as its territory and...
NAIROBI, Aug 22 (AFP): Burundi has confirmed 171 cases of mpox, the health minister said on Thursday, following confirmation of the first cases in the country last month.Formerly known as monkeypox, mpox is an infectious disease caused by a virus...
NEW YORK, Aug 22 (BBC): United States border agents have intercepted a truck carrying more than $5m-worth of methamphetamine at the US-Mexico border hidden inside a shipment of watermelons.The drugs were wrapped in plastic painted in two shades of green...
ASHEBORO, Aug 22 (AP): At his first outdoor rally since last month's attempted assassination, Donald Trump spoke from behind bulletproof glass Wednesday in North Carolina at an event focused on national security. On politics, he called his predecessor Barack Obama...
NEW YORK, Aug 22 (Reuters): US President Joe Biden, in a phone call with Israeli Prime Minister Benjamin Netanyahu on Wednesday, stressed the urgent need to conclude a Gaza ceasefire-for-hostages deal and pointed to upcoming Cairo talks as crucial, the...
DUBAI, Aug 22 (AP): A Greek-flagged oil tanker traveling through the Red Sea came under repeated attack Wednesday, leaving the vessel "not under command" and drifting ablaze after an assault suspected to have been carried out by Yemen's Houthi rebels,...
HYDERABAD, Aug 22 (AP): A big explosion triggered a fire in a pharmaceutical plant in southern India, killing at least 15 workers, police said on Thursday.Another 40 people were wounded in the blast and the fire in the chemical reactor...
JAKARTA, Aug 22 (BBC/AFP): Police have clashed with protesters in the Indonesian capital of Jakarta as tens of thousands of people gathered in protest of the government's attempt to reverse a constitutional court ruling.Scenes of chaos have unfolded outside parliament...
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