FE REPORT | 2023-11-17 00:00:00
Dhaka Metropolitan Police (DMP) Additional Commissioner (Crime and Operations) Kha Mohid Uddin said on Thursday they are now under the Election Commission (EC) as per the constitution and would act as per the commission's directives."As per the constitution, we (police)...
With the desire of taking part in the upcoming general election, the Trinamool Bangladesh National Party (Trinamool BNP) on Thursday welcomed the election schedule, reports BSS.To participate in the polls, Trinamool BNP will start selling its party nomination forms from...
The 47th death anniversary of veteran politician Maulana Abdul Hamid Khan Bhasani will be observed today (Friday) in the country in a befitting manner, reports BSS.Maulana Bhasani, popularly known as "Majlum Jananeta (the leader of the downtrodden)", passed away on...
Ganatantra Mancha formed a human chain in front of the National Press Club in the city on Thursday protesting the new schedule announced by the Election Commission for the upcoming 12th parliamentary election — FE Photo
Road Transport and Bridges Minister and Awami League (AL) General Secretary Obaidul Quader on Thursday said their party will extend all-out support to the Election Commission (EC) in holding a free, fair and neutral general election slated for January 7,...
BENGALURU, Nov 16 (Reuters): India's Tata Technologies set a price band of 475-500 rupees per share for its initial public offering, per a term sheet and newspaper ad on Thursday, valuing the first Tata Group company to go public in...
BENGALURU, Nov 16 (Reuters): Indian blue-chip indexes shrugged off a weak start on Thursday to end at four-week highs as IT stocks continued to bask in expectations that the Federal Reserve is done hiking rates, which also triggered buying interest...
Foreign investors were major buyers of Japanese equities last week, buoyed by robust corporate earnings and a broader global market rally amid expectations that the US Federal Reserve may pause its aggressive interest rate hikes, reports Reuters.Data from Japanese exchanges...
HONG KONG, Nov 16 (AFP): Most Asian markets fell Thursday as investors took a breather and cashed in on a recent rally, though analysts said the outlook was bright, even as data pointed to a soft landing for the world's...
LONDON/MOSCOW, Nov 16 (Reuters): Western investors in Russian companies are bracing for a new presidential decree under consideration in Moscow which they fear could force them to sell their shareholdings to the Russian government at big discounts.The potential decree, which...
FRANKFURT, Nov 16 (Reuters): Siemens on Thursday said sales growth would slow in 2024 but still beat expectations with an outlook that factors in continuing destocking by customers in its key market China, sending shares to their highest in more...
MANHATTAN, Nov 16 (Reuters): Hyundai Motor unveiled its first high-performance electric vehicle(EV), an N sport variant of its IONIQ 5 crossover SUV.The South Korean automaker said that the IONIQ 5 N, which will be available at its dealers in March...
SHANGHAI, Nov 16 (AFP): Chinese e-commerce giant Alibaba said Thursday it was cancelling a planned cloud service spinoff announced this year over US chip restrictions, as it reported results for the third quarter of 2023 that were in line with...
NAIROBI, Nov 16 (AFP): The International Monetary Fund said Thursday it had agreed a $938-million loan for Kenya, which is grappling with a liquidity problem and historically high debt levels.East Africa's economic powerhouse is facing a host of challenges, including...
NEW DELHI, Nov 16 (TASS): India increased imports from Russia in the first seven months of the 2023 fiscal year (started April 1) by 60 per cent year-on-year, PTI agency reported with reference to data from the Ministry of Commerce.The...
RIYADH, Nov 16 (Arab News): Global credit agency Fitch Ratings has kept Saudi Arabia's Public Investment Fund's long-term foreign- and local-currency issuer default ratings at "A+" with a stable outlook. This reaffirmation comes as the fund continues to play a...
SHENZHEN, Nov 16 (Reuters): Tony Xiong is among the latest arrivals to the glitzy office towers in the newest part of Shenzhen, built to showcase China's economic miracle. He won't spend any personal time in the area.Most lunch breaks, he...
Muhammad Nurul Alam Chowdhury, Chief Executive Officer (CEO) of South Asia Insurance Company Ltd, and Muhammad Abdul Quader, Head of Branch and DMD of Elite Branch, visited a branch of the company in Chattogram recently. The CEO reviewed and evaluated...
Prime Minister Sheikh Hasina inaugurated and laid the foundation stones of 10041 pieces of infrastructure under 157 development projects through videoconferencing from her official residence Ganabhabon in the city recently. Of the development projects, 24 were under the Energy and...
BRAC Bank has won the Engagement Champion Award from the New York-based Financial Alliance for Women. The award was formally announced at the Champions of the Female Economy Awards at the 2023 Annual Summit in Santo Domingo, Dominican Republic recently....
Southeast Bank signed a memorandum of understanding (MoU) with Uttara High School and College at Uttara in the city recently. Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, and Md Faridur Rahman, principal of Uttara High School and College,...
FE REPORT | 2023-11-17 00:00:00
Emerald Oil Industries will issue 31.56 million ordinary shares to Minori Bangladesh against its share money deposit worth Tk 315.58 million.Following the issuance of new shares at Tk 10 each, the company's paid-up capital will rise to Tk 912.72 million...
OUR CORRESPONDENT | 2023-11-17 00:00:00
Bangladesh Shipping Corporation (BSC) has taken steps to purchase 21 more ocean-going vessels to increase its fleet size to expand operation. State Minister for Shipping Khalid Mahmud Chowdhury unveiled the plan at the 46th annual general meeting of the BSC...
BABUL BARMAN | 2023-11-17 00:00:00
Kohinoor Chemical stands out among its peers, with a 19 per cent year-on-year profit growth in FY23 driven by sales of finished goods of its well-known brands of soaps, cosmetics, and toiletries. On the other hand, five other companies that...
PARIS, Nov 16 (AFP): Major oil and gas companies such as Aramco, ExxonMobil and Shell could have paid for their share of the damage caused by climate change and still earned trillions of dollars in profit, researchers said on Thursday.Their...
MUMBAI, Nov 16 (Reuters): The sharp widening in India's merchandise trade deficit in October to a record level, fuelled by a broad-based rise in imports, will likely be an outlier, analysts said.India's merchandise trade deficit rose to an all-time high...
CAIRO, Nov 16 (Arab News): Egypt has sold a stake in tobacco products maker Eastern Co. in its first foreign sale of a major state asset since it agreed to a privatization program with the International Monetary Fund last December....
ISLAMABAD, Nov 16 (AP): Pakistan and the International Monetary Fund reached a much-awaited preliminary agreement Wednesday for the release of $700 million from a $3 billion bailout fund approved by the international lender in July.The standby credit fund is meant...
OUR CORRESPONDENT | 2023-11-17 00:00:00
CHATTOGRAM, Nov 16: The Chittagong Chamber of Commerce and Industry (CCCI) and SMAC Advisory Services Ltd organised a view exchange meeting with young entrepreneurs on Thursday.The meeting titled 'Coffee With Chamber' was held at Bangabandhu Conference Hall of the World...
After the formal inauguration by the Prime Minister Sheikh Hasina, the country's first Single Point Mooring (SPM) is going to be commercially commissioned at the end of the current month of November, reports UNB.The PM inaugurated the SPM on November...
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