The 38th Annual General Meeting of Phoenix Insurance Company Ltd. was held through a digital platform in the capital on Monday. The meeting was presided over by the Chairman of the Company Mohammed Shoeb. Vice Chairman Manzoorul Haque, Directors Mazharul...
Bangladesh Krishi Bank (BKB) organised a virtual business review meeting at Board room of the bank's head office on Monday. The Managing Director of the bank Md. Shawkat Ali Khan presided over the meeting. Deputy Managing Directors of the bank...
Southeast Bank recently organised a Foundation Training Course for its newly appointed 37 Probationary Officers. Managing Directo Mr Nuruddin Md. Sadeque Hossain of the bank concluded the training program with his valuable speech as closing remarks. Deputy Managing Director (DMD)...
'Premier Bank Quick Account' is the latest addition to Premier Bank's digital services, enabling users to instantly open a bank account with just a few clicks. Mohammad Abu Jafar, managing director (MD) and chief executive officer of the bank, officially...
The Ministry of Finance has accepted Sonali Bank Chairman Ziaul Hasan Siddiqui's resignation and cancelled the appointments of Grameen Bank Chairman AKM Saiful Majid and the Chairman of Palli Sanchay Bank Akram Al Hossain and Managing Director (MD) Sheikh Md....
FE REPORT | 2024-08-22 00:00:00
The Bangladesh Securities and Exchange Commission (BSEC) on Wednesday formed two separate committees to look into the affairs of the bourses.The four-member committees have been asked to submit a report to the commission within 20 working days.Preferring anonymity, a senior...
State-run Petrobangla owes Chevron Bangladesh about $260 million in unpaid dues for purchasing gas from its Bibiyana and other gas fields, official sources said, reports UNB.The sources said this week that Petrobangla purchases about $50 million worth of natural gas...
Prominent businessman & social worker Lion Mohammed Abdul Aziz has been elected as the chairman of Standard Bank.The board of directors of the bank unanimously elected Mr Aziz as the Chairman at the 396th Board Meeting of the bank held...
Mohammad Mufazzal and Farhan Fardaus | 2024-08-22 00:00:00
S Alam Group and its associates took out loans from Islami Bank ten times its equity whereas a single party or group should not be given more than 25 per cent of a bank's capital in loans. The Bangladesh Bank...
ISTANBUL, Aug 21 (Reuters): Turkey's central bank held interest rates steady at 50 per cent for a fifth straight month on Tuesday as expected, and repeated it remains vigilant to inflation risks even as it expects disinflation to continue.In a...
SHANGHAI, Aug 21 (Reuters): China's largest ride-hailing company, Didi Global, swung to a net profit of 1.4 billion yuan ($196.24 million) for the second quarter from a 300 million yuan loss a year earlier as it continues to build back...
LONDON, Aug 21 (AFP): UK government borrowing jumped by far more than expected in July, official figures showed Wednesday, stoking fresh anxiety for the new Labour government ahead of its first budget in just over two months.Finance minister Rachel Reeves...
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year, driven by price cuts that attracted more shoppers to its stores, reports Reuters.Shares of the Minneapolis-based retailer rose 13.8...
Bengal Commercial Bank PLC (BGCB) held its 32nd meeting of the Board of Directors at the bank's Head Office in Gulshan, Dhaka, on Wednesday. Md. Jashim Uddin, Chairman of the Board, presided over the meeting. Mahbubul Alam and Ghulam Mohammed...
Md Mostaque Ahmed, Deputy Managing Director & CEMO of Dhaka Bank PLC, inaugurated its 32nd Sub-branch in Tongi under Sonargaon Janapath Branch, Dhaka on Monday. Tipu Sultan, SEVP & Head of Islamic Banking Division, Altamas Nirjhor, SVP & Head of...
FE REPORT | 2024-08-22 00:00:00
Prime Bank Limited (PBL) is interested in helping treat injured and maimed protesters of the recent movement that toppled Sheikh Hasina's regime on August 05."Prime Bank is eager to come forward and contribute to treating injured and maimed protesters currently...
The National Board of Revenue (NBR) has initiated measures to improve Bangladesh's tax-GDP ratio, aiming to break free from the persistent culture of deficit budgets that has plagued the country since independence, reports UNB."Increasing the tax-GDP ratio remains a significant...
FE REPORT | 2024-08-22 00:00:00
Terming the latest Detailed Area Plan (DAP) 2022-2035 'discriminatory' and 'flawed', the country's realtors on Wednesday urged the interim government to revoke it and implement the previous DAP 2010.The Real Estate and Housing Association of Bangladesh (REHAB) also said the...
SINGAPORE, Aug 21 (Reuters): Malaysian palm oil futures rose to a two-week high on Wednesday, buoyed by prospects of weakening supply in the world's largest producer Indonesia, although softer exports data capped gains.The benchmark palm oil contract for November delivery...
Gold prices eased on Wednesday, a day after hitting record highs, as investors awaited US Federal Reserve meeting minutes and Chair Jerome Powell's speech for clues to the central bank's potential rate-cutting path, reports Reuters.Spot gold was down 0.1 per...
NEW DELHI, Aug 21 (Reuters): Indian wheat prices rose to their highest level in nearly nine months on Wednesday and could surge further during the festival season unless the government starts releasing stocks from its warehouses, industry figures told Reuters."Wheat...
LONDON, Aug 21 (Reuters): Oil prices rose slightly on Wednesday, regaining some ground after steady sell-offs driven by expectations of reduced Chinese demand and diminishing concerns over the potential for Middle East conflict to spread and disrupt supply.Brent crude futures...
Bangladesh will take on host Nepal in their group A match of the SAFF U-20 Championship scheduled to be held at ANFA Complex in Nepal today (Thursday), reports BSS.The match will kick off at 3:15 pm (BST).After the respective group...
MANCHESTER, United Kingdom, Aug 21 (AFP): Chris Woakes struck twice as Sri Lanka collapsed to 80-5 at lunch on the opening day of the first Test against England at Old Trafford on Wednesday.That actually represented something of a considerable recovery...
The Board of Control for Cricket in India (BCCI) secretary Jay Shah is all set to replace the incumbent Greg Barclay as the new chairman of the International Cricket Council (ICC), sources have confirmed to Indian news media NDTV. Barclay...
RAWALPINDI, Pakistan, Aug 21 (AFP): Left-handers Saud Shakeel and Saim Ayub hit fighting half-centuries to help Pakistan recover to 158-4 on a rain-hit opening day of the first Test against Bangladesh in Rawalpindi on Wednesday.Shakeel was unbeaten on 57 at...
The Bangladesh Cricket Board (BCB) named ex-skipper Faruque Ahmed Wednesday as president after the resignation of Nazmul Hassan, a close ally of ousted prime minister Sheikh Hasina, report agencies.Cricket and politics go hand-in-hand in Bangladesh, and the sport has been...
RAJSHAHI, Aug 21 (BSS): A large number of youths and students from different parts of the city unequivocally called for stopping pond and water body filling in the city indiscriminately as per the directive of High Court (HC).Simultaneously, they also...
OUR CORRESPONDENT | 2024-08-22 00:00:00
PABNA, Aug 21: Children's writer and poet Bande Ali Mia's ancestral house at Radhanagar-Narayanpur in Pabna district town has been lying uncared for due to lack of proper maintenance. The 118-year-old house of the gentle, modest, soft-spoken, slow-witted and quiet...
Moscow comes under largest Ukrainian attack MOSCOW, Aug 21: Russian authorities said Wednesday that Moscow came under the largest attack yet by Ukrainian drones since the start of fighting in 2022, and that it destroyed all of them. Russia destroyed...
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