Law Minister Anisul Huq on Monday conveyed to the UN Human Rights Council that opposition party BNP's demand for holding polls under a caretaker government is "completely unconstitutional and illegal", reports UNBMentioning Bangladesh's independent Election Commission, he said the government...
No one would be eligible for casting vote in the elections unless his age line reaches 18 years or above, reports BSS."The Election Commission (EC) usually provides national identity card (NID) to the age group of 16 and 17 years...
International Human Rights Commission chairman MA Hashem Raju submitted an application at Dhaka Metropolitan Magistrate on Tuesday to sue Banshkhali union chairman and union Awami League convener Mujibul Haque Chowdhury on charge of threatening US envoy Peter D Haas. —...
Information and Broadcasting Minister and Awami League (AL) Joint General Secretary Dr Hasan Mahmud on Monday said BNP is declaring programmes from secret caves similar to Al-Qaeda and ISIS (Islamic State), reports BSS.In fact, BNP's main aims to arson attacks...
MONTREAL, Nov 13 (Reuters): The return of North American flights to Asia-Pacific is accelerating heading in to 2024, as carriers bet on the region as the next source of high-margin revenue at a time of soaring costs.A rebound in Asia...
LONDON, Nov 13 (Reuters): Novo Nordisk shares rose 3 per cent on Monday as the market reacted to data the drugmaker presented over the weekend showing that the heart protective benefits of its popular obesity drug Wegovy are not solely...
Gold miner Uzhuralzoloto (UGC) set the price range on Monday for its initial public offering (IPO) on the Moscow Exchange, the latest in a series of small capital raises by Russian companies as they adjust to life without Western capital,...
Most major Gulf stock markets were subdued in early trade on Monday amid falling oil prices and mixed signals from the US Federal Reserve, coupled with geopolitical tensions over the Israel-Hamas war, reports Reuters.Markets were wary of potential US policy...
Prime Bank has partnered with Bongo as the 'Banking Partner' for Shark Tank Bangladesh Season 1. Robi is the "Title Sponsor" and Startup Bangladesh is the "Powered by Sponsor". During the ceremony, agreements were signed and exchanged between Ahad Bhai,...
Eastern Bank (EBL) and Unilever Bangladesh Limited (UBL) have signed a payroll banking agreement at the UBL head office in the city recently. M Khorshed Anowar, DMD and head of retail and SME Banking, EBL, and Syeda Durdana Kabir, human...
ISMAIL HOSSAIN | 2023-11-14 00:00:00
Bangladesh's third-largest mobile operator Banglalink is fully ready to launch an initial public offering (IPO), but currently adopts a "wait-and-see" approach due mostly to current market conditions."The situation is not favourable right now," said Taimur Rahman, chief corporate and regulatory...
Managing Director and CEO of Mutual Trust Bank Ltd (MTB) Syed Mahbubur Rahman has been bestowed with the prestigious 'MD & CEO of the Year 2023' award in the Financial Institutions Category by Bangladesh Brand Forum. This recognition is a...
FE REPORT | 2023-11-14 00:00:00
Olympic Industries has posted a double-digit profit growth for the July-September quarter this year, having reduced administrative costs substantially.The country's leading biscuit maker's profit soared to Tk 561 million in the quarter, despite a decline in revenue. The earnings per...
MOHAMMAD MUFAZZAL | 2023-11-14 00:00:00
Zaheen Spinning has recommended only 0.25 per cent cash dividend for FY23 so that it can retain its status as 'B' stock. Having invested Tk 10 per share in Zaheen Spinning, a shareholder would get Tk 0.025 from the investment....
MUMBAI, Nov 13 (Reuters): India's imports of palm oil and sunflower oil in 2022/23 surged by 24 per cent and 54 per cent, respectively, to record highs on a rebound in consumption and as both oils were available at a...
LONDON, Nov 13 (Reuters ): Oil prices held steady on Monday, with market caution heightened by waning demand in the United States and China as well as mixed signals from the US Federal Reserve.Brent crude futures for January were up...
DUBAI, Nov 13 (Reuters): Dubai's Emirates placed an order for 90 more Boeing 777X jets at the opening of the Dubai Airshow on Monday, including both variants of the future long-haul jet.The world's largest international carrier also added five more...
CAIRO, Nov 13 (Arab News): Egypt's annual urban consumer price inflation rate dropped to 35.8 per cent in October from a record high of 38 per cent in September, data from the country's statistics agency CAPMAS showed on Saturday, coming...
LONDON, Nov 13 (Reuters): The dollar climbed to its highest levels in over a year against the Japanese yen on Monday, supported by a scaling back of expectations for US Federal Reserve interest rate cuts next year.Japanese authorities were unusually...
RIYADH, Nov 13 (Arab News): Saudi Arabia has increased the disbursement of funds for various insurance benefits for the third consecutive month, with the spending surpassing SR10.7 billion ($2.8 billion) in October, according to recent data from the General Organisation...
TOKYO, Nov 13 (Reuters): Japanese wholesale inflation slowed below 1.0 per cent for the first time in just over 2-1/2-years in October, data showed on Monday, a sign that cost push pressures that had been driving up prices for a...
SEOUL, Nov 13 (Xinhua): Hyundai Motor, South Korea's biggest automaker, said Monday that it will build a plant dedicated to the production of electric vehicles (EVs) in its homeland in a bid to start mass production in 2026.Hyundai held a...
BEIJING, Nov 13 (Reuters): China's leaders, determined to upgrade manufacturing, are steering money toward makers of high-tech products, from semiconductors to EVs, raising fears that overcapacity will fuel a new wave of cheap exports.Lending data from China's central bank offers...
Uttara Motors Ltd., one of the leading and renowned automobile assembler and marketing company, held its Annual Dealer Conference '23 in Chattogram recently. Matiur Rahman, Chairman & Managing Director of Uttara Group of Companies, presided over the conference attended by...
Ansar-VDP Unnayan Bank held its Gazipur Region Managers' Conference-2023 at Bangladesh Agricultural Research Institute Auditorium in Gazipur recently. Managing Director of the bank Md. Mosaddake-Ul-Alam was present as the chief guest.
National Bank Limited opened its 39th and 40th sub-branches at Ranishankail in Thakurgaon and at Nama Bazar in Savar Bazar respectively recently. Head of Branches Operations Division & SEVP Nizam Ahmed was present as the chief guest at the inaugural...
Daraz officially launched its 11.11 Biggest Sale of the Year on November 11, giving it a more significant role this year to enhance the quality of life for both shoppers and sellers amidst challenging times, says a press release. In...
Meghna Group of Industries (MGI) Chairman & Managing Director Mostafa Kamal has been honoured with the 'Iconic Business Leader' award. Former Deputy Governor of Bangladesh Bank Muhammad A. (Rumee) Ali handed over the award to Mostafa Kamal at 'Bangladesh C-Suite...
The Financial Express Editor Shamsul Huq Zahid along with CEO of Chartered Life Insurance Company Ltd. SM Ziaul Hoque and other guests cuts a cake at the newspaper's office in Dhaka on Sunday, marking the 30th anniversary of the country's...
Dhaka Bank Limited donated blankets to the Prime Minister's Relief Fund for distribution among the poor and distressed people during the upcoming winter. Chairman of the bank Abdul Hai Sarker hands over a token blanket to Prime Minister Sheikh Hasina...
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