MILAN/SINGAPORE, Nov 15 (Reuters): World shares extended gains on Wednesday and the dollar nursed its losses, as expectations of an end to a global rate hike cycle spurred on investors following benign inflation readings in the United States and Britain....
FE REPORT | 2023-11-16 00:00:00
Square Pharmaceuticals witnessed the highest-ever quarterly profit in July-September this year, driven by a double-digit growth in sales revenue. The sales got a boost in the quarter, compared to the previous quarter, mainly because of an escalation in the demand...
FE REPORT | 2023-11-16 00:00:00
Stock brokers oppose the proposed minimum paid-up capital that they would have to maintain to continue operations if the rule is finalised. The new provision is meant to minimize risk that clients face when it comes to realising investment after...
BERLIN/LONDON, Nov 15 (Reuters): After years of accelerating growth, Europe's electric car sales appear to be entering a go-slow zone as drivers wait for better, cheaper models that are two to three years down the road.Fully-electric sales in Europe were...
SAO PAULO, Nov 15 (Reuters): Brazilian cosmetics maker Natura &Co said on Tuesday it has signed a binding agreement to sell subsidiary The Body Shop to private investor Aurelius Group in a deal with an enterprise value of 207 million...
TOKYO, Nov 15 (Reuters): Japan's economy contracted in July-September, snapping two straight quarters of expansion on soft consumption and exports, complicating the central bank's efforts to gradually phase out its massive monetary stimulus amid rising inflation.The data suggests stubbornly high...
MOSCOW, Nov 15 (Reuters): Google was fined 15 million roubles ($164,000) on Tuesday for repeated refusal to store Russian users' data on servers inside Russia, a Moscow court said.Russia has repeatedly clashed with foreign technology companies over content, censorship, data...
SHANGHAI/SINGAPORE, Nov 15 (Reuters): China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations.Market participants believe that a weakening Chinese yuan has constrained the central...
Delta Life Insurance Company Limited held a special development meeting of the development employees from Chattogram region recently to discuss ways to meet the annual business target. CEO (C.C.) of the company Anwarul Haq was present as the chief guest...
Tanvir Ahmed, Mana-ging Director of Envoy Legacy, Sheltech Group and Green Textile Limited, has been awarded as 'MD of the Year' at the Bangladesh C-Suite Awards 2023 ceremony recently. Bangladesh Brand Forum honoured Mr Ahmed in appreciation of his contributions...
Standard Bank Limited has achieved the 'Gold' award in the 'Asia Sustainability Reporting Ratings 2023' for the second time in a row for the sustainability report published by the bank. Md Siddiqur Rahman, Deputy Managing Director & COO, and Md...
Jamuna Bank PLC and Vejthani Hospital, Thailand, have entered into a strategic agreement recently. Deputy Managing Director of Jamuna Bank AKM Atiqur Rahman and International Marketing Manager of Vejthani Hospital Maria Zhigunova (Masha) and International Marketing Supervisor Joni Mae Java-Sardon...
President of the Institute of Chartered Accountants of Bangladesh (ICAB) Md Moniruzzaman and Chief Operating Officer Mahbub Ahmed Siddique are seen in a photo session with the participants of the Meeting of the Chief Executive Officers and Marketing Directors of...
NAZIMUDDIN SHYAMOL | 2023-11-16 00:00:00
CHATTOGRAM, Nov 14: Commercial train run on the Dhaka-Cox's Bazar rail route will begin on December 01. Initially, the railway authorities decided to run two trains, one from Dhaka to Cox's Bazar via Chattogram and another from Chattogram to Cox's...
Padma Bank has recently introduced a new monthly savings scheme, says a press release.The starting amount for this scheme ranges between 500 and 25,000 and anyone can open it for 3, 5, 8, or 10 years. The customers will get...
Borak Real Estate Ltd and the Dhaka North City Corporation (DNCC) have signed a deal, taking possession of their respective stakes in the DNCC Unique Complex [Hotel Sheraton] through mutual understanding, in accordance with a High Court order, reports UNB.There...
A six-member CIS-BCCI business delegation headed by Mahbub Islam Runu, Adviser of the chamber, has left for Uzbekistan recently to explore trade and investment opportunities between Bangladesh and Uzbekistan, says a press release.The delegation comprises CIS-BCCI members Khan Md Iqbal,...
FE REPORT | 2023-11-16 00:00:00
Unapproved fair or exhibition can't be held in the country without prior approval from the authorities concerned, sources said.The government authorities will take prompt action to stop any such fair or exhibition. In the backdrop of organising such fairs randomly...
Three persons have won mega gifts -- an iPhone 15 and two Apple watches -- after having made payments against online purchases from Daraz using Nagad, the country's leading mobile financial service provider. Under the Nagad-Daraz campaign, Nusrat Yasmin bagged...
FE REPORT | 2023-11-16 00:00:00
CIP Limited, a Bangladeshi company, is going to set up a bag and luggage manufacturing industry in Mongla Export Processing Zone (EPZ) with an investment of $6.23 million. It signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA)...
FE REPORT | 2023-11-16 00:00:00
The apparel apex body BGMEA has urged the European Union (EU) to continue with its unwavering support in the furtherance of the ready-made garment industry.The EU has been requested to shift its focus on sustainability and improve the socio-economic conditions...
Paschimanchal Gas Company Limited (PGCL), a subsidiary of Petrobangla, held its Annual General Meeting (AGM) at a hotel in Dhaka on Monday. Shareholders of the company, including Petrobangla Chairman Zanendra Nath Sarker, and directors attended the AGM presided over by...
Bangladesh is going through a rough patch economically due to the effect of the Ukraine crisis. The government of Bangladesh has taken several steps to alleviate the economic recession. In an incommodious situation like now, the government service needs to...
Gold prices rose to a more than one-week high on Wednesday as the US dollar and Treasury yields weakened after cooler inflation data boosted bets that a US rate cut might come sooner than earlier priced in by investors, reports...
Fast food chain brand 'Fry Bucket' has launched its fourth outlet in the capital's Moghbazar area recently. Animesh Saha, Executive Director of Fry Bucket, inaugurated the outlet at Shahid Tajuddin Ahmed Sarani. PRAN Group, the country's leading food manufacturer, brought...
LONDON, Nov 15 (Reuters): Oil prices dipped on Wednesday due to expectations of an increase in US crude stocks amid record high output in the world's biggest producer and despite positive demand signs from top consumer China.Brent futures were down...
MD MAHMUDUL HASAN TANVIR | 2023-11-16 00:00:00
Especially amid the Covid-19 pandemic, we have observed shifts that substitute certain traditional HR tasks, compelling an adaptation to technological advancements. It resembles a butterfly effect, where even the slightest alterations can generate ripples, leading to a significant impact on...
FE EDUCATION DESK | 2023-11-16 00:00:00
Interactive Cares, the Dhaka-based ed-tech startup that focuses on creating employability for millions of youths in Bangladesh, announced that it has been selected for the 9th Cohort of Accelerating Asia's flagship accelerator programme, according to a press release. As part...
SADIKA PARVIN SAMME | 2023-11-16 00:00:00
The East West University Investment and Finance Club has unveiled its highly anticipated "Career Toolkit" programme, a strategic initiative aimed at enhancing the academic and professional development of its members. The programme, designed to equip participants with essential skills and...
PURBASHA PRITHVI | 2023-11-16 00:00:00
Theatre has consistently played a pivotal role in elevating the cultural essence of nations, serving not only as a conduit for artistic expression but also as a powerful instrument within the realms of political and social movements across epochs. On...
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