Commercial Bank of Ceylon (CBC) PLC, Bangladesh Operations, held its Annual Staff Conference in the presence of their visiting Global Managing Director, Sanath Manatunge, on Saturday at the Radisson Blu Water Garden Hotel in Dhaka. Chief Executive Officer (CEO) of...
FE REPORT | 2025-02-17 00:00:00
The Ministry of Commerce has reconstituted its Working Group (WG) to expand trade and commerce, with a focus on securing duty-free market access to Russia and tapping into the potential of exports to East European markets, officials said.In a notification...
Bangladesh Bank has eased the loan rescheduling policy for raw jute exporters for the next two years, reports UNB.The central bank on Sunday in a circular stated that raw jute exporters can reschedule loans with a 2 per cent down...
Bangladesh could transform internet connectivity with non-geostationary satellite orbit (NGSO) networks like Starlink, driving up education, economy and social inclusion through high-speed, low-latency access, said technology experts.They said Starlink's internet download speeds range from 25 to 220 Mbps, with most...
NAPERVILLE, Illinois, Feb 16 (Reuters): Relative to demand, world corn stocks later this year are predicted to hit 11-year lows.But when considering corn supplies actually accessible to the global market, the milestone is closer to three decades.On-and-off grain importer China...
PRAN, a leading business conglomerate, has set a unique precedent in the corporate world of Bangladesh. For the first time, 250 officials of PRAN Group performed Umrah together on February 9. PRAN Group arranged this activity to motivate employees and...
SINGAPORE, Feb 16 (Reuters): Asian spot liquefied natural gas (LNG) prices rose to an over-one-year high last week, amid forecasts of colder temperatures and as concerns of Europe's storage levels persist.The average LNG price for March delivery into northeast Asia...
'MICLO Bangladesh' has opened its 15th outlet at Sanmar Ocean City at West Nasirabad in Chattogram recently. Popular singer and actor Tahsan Khan and actress Tasnia Farin inaugurated MICLO's new showroom. Inspired by the Japanese lifestyle, 'MICLO' is committed to...
The Annual Manager's Conference 2025 of Union Bank PLC was held at the bank's Head Office in Dhaka recently. Chairman of the Board of the Directors of the bank Md Fariduddin Ahmad was present as the chief guest. Chairman of...
Md Jahangir Alam, Deputy General Manager & Zonal Head (Cumilla Zone) of Uttara Bank PLC, inaugurated the new premises of the bank's Chaprashirhat Sub-Branch (Hazi Mansion, DC Market, Chaprashirhat, Kabirhat, Noakhali) on Sunday. Local dignitaries were present on the occasion.
Sonali Bank PLC MD & CEO Md Shawkat Ali Khan inaugurated a 12-day training course titled 'Project Financing: Appraisal & Capital Assessment' organised by the Sonali Bank Staff College at its hall room in Dhaka on Sunday. Principal of the...
The Association of Bankers, Bangladesh Limited (ABB) has strongly condemned the recent attack on the Bangladesh Bank-appointed Administrator at Nagad, Muhammad Badiuzzaman Didar.In a statement, ABB Chairman Selim R. F. Hussain denounced the assault, saying that such acts are a...
Dr Md Kamrul Huda, the Chief Scientific Officer and Director of the Quality Management Department of the Bangladesh Atomic Energy Commission (BAEC), has been appointed as the Chairman (current charge) of the BAEC, says a statement.During his 33-year career at...
Engineer Md Rafiqul Islam Choube took over as the Additional Director General (West Region) at the Bangladesh Water Development Board (BWDB) on February 11, says a statement. Prior to his new assignment, he served as the chief engineer (civil), Monitoring....
Bangladesh's Ready-Made Garment (RMG) exports experienced moderate growth during the July-January period of the current fiscal year (FY25) with the European Union (EU) continuing to be a pivotal market, reports BSS.The Export Promotion Bureau's (EPB's) recently published country-wise export data...
Southeast Bank signed a memorandum of understanding (MoU) with Sikder Insurance Company Limited (SICL) to provide banking services, including payroll banking, Corporate Payment Module, and other financial solutions. The bank's Managing Director Nuruddin Md. Sadeque Hossain and SICL Managing Director...
Prime Bank PLC, a leading financial institution committed to innovation and customer-centric financial solutions, has recently signed a new payroll agreement with bKash Limited. Under this agreement, Prime Bank will provide a seamless payroll management solution that will streamline salary...
City Bank signed an agreement to facilitate IFAD Motors Limited with cash management solution for distribution of Royal Enfield motorcycles in Bangladesh. The signing ceremony was held recently at the bank's head office. City Bank Managing Director & Chief Executive...
FE REPORT | 2025-02-17 00:00:00
Asiatic Laboratories reported a 16.13 per cent year-on-year growth in profit to Tk 88.12 million in the second quarter of FY25 through December last year. The earnings per share stood at Tk 0.72 for October-December of FY25, up from Tk...
FE REPORT | 2025-02-17 00:00:00
RACE Asset Management has regained its control over fund management after the withdrawal of two orders issued by the securities regulator eight months back. Also, the authorized and unauthorized beneficiary owners' (BO) accounts opened by RACE, which had been suspended...
BERLIN, Feb 16 (AFP): When Germans go to vote in one week's time, after a polarising election campaign overshadowed by a far-right surge, they are expected to hand the chancellery to conservative Friedrich Merz.If the polls are right, it will...
VILLACH, Feb 16 (BBC): A 14-year-old boy has been killed and five people wounded in a knife attack in southern Austria. Police said the suspect is a 23-year-old Syrian asylum seeker who was detained at the scene in Villach, a...
MUNICH, Feb 16 (Reuters): US and Russian officials will meet in Saudi Arabia in the coming days to start talks aimed at ending Moscow's nearly three-year war in Ukraine, a US lawmaker and a source familiar with the planning said...
BAMAKO, Feb 16 (AFP): At least 48 people were killed in the collapse of an illegally operated gold mine in western Mali Saturday, authorities and local sources told AFP.Mali is one of Africa's leading gold producers, and mining sites are...
LOUISVILLE, Feb 16 (AP): Heavy rains and dangerous flooding struck the Southeast U.S. as much of the East endured a renewed round of harsh, soggy weather Saturday, with at least one fatality confirmed in Kentucky.A 73-year-old man was found dead...
JERUSALEM, Feb 16 (AFP): US Secretary of State Marco Rubio met with Israel's prime minister in Jerusalem on Sunday for talks on the Gaza ceasefire, launching a Middle East tour a day after the latest hostage-prisoner exchange.On his first visit...
NEW DELHI, Feb 16 (BBC/AFP): A crush at New Delhi Railway Station has left around 18 people dead and at least 10 injured. Thousands of people reportedly crammed into the railway station on Saturday night as they tried to board...
Dhaka College, one of the oldest educational institutions in the Indian subcontinent, stands with pride and tradition in the heart of Dhaka. Established in 1841, this prestigious institution is located on Mirpur Road in the New Market area. The college...
The recent violent attack on the historic Dhanmondi 32 residence has left many questioning the actions of those who claim to be the future leaders of Bangladesh. While there is absolute discontent with the rule of fascist Sheikh Hasina and...
Neil Ray | 2025-02-17 00:00:00
The news that three women waiting long in a queue for TCB (Trading Corporation of Bangladesh) trucks to arrive with subsidised goods in front of Rajdhani High School on Manik Mia Avenue did not cause a shockwave. In a country...
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