FE Today Logo
Search date: 02-10-2019 Return to current date: Click here

World Bank to provide $500m for creating technical manpower

The World Bank (WB) will help Bangladesh develop its technical manpower through providing half a billion dollar of credit, officials said on Tuesday.Since Bangladesh is setting up 100 special economic zones (SEZs) and its investment in the manufacturing sector is going up, the WB came forward with the support to...

Read more

$150m ADB funding to build two city regions

The Asian Development Bank (ADB) will provide US$150 million in loan to finance infrastructure like roads and drains and build capacity in two densely-populated and fast-growing city regions-Dhaka and Khulna.An agreement to this effect was signed between the ADB and the government on Tuesday at the Economic Relations Division (ERD)...

Read more

National Productivity Day today

The National Productivity Day will be observed across the country today (Wednesday), aiming to create mass awareness to raise productivity in all fields, including industrial, agriculture and service sectors, reports BSS.The theme of the day this year is 'Productivity for Global Competitiveness'.President M Abdul Hamid and Prime Minister Sheikh Hasina...

Read more

Lebanon backs key importers amid fears of dollar shortage

BEIRUT, Oct 01 (AFP): Lebanon's central bank is to facilitate access to dollars for importers of petroleum products, wheat and medicine, state media said Tuesday, following fears of a dollar shortage and possible currency devaluation.Local media said last week banks and money exchange shops were rationing dollar sales in the...

Read more

Mylan to invest $1.0b in India

HYDERABAD, Oct 01 (PTI): Multinational drug company Mylan has said it will invest USD one billion in the next 5-6 years on Capex in India, given the importance of the country's position in world pharma supply-chain, and pitched for the government incentivising research and development activities.Mylan Global President and Executive...

Read more

Eurozone inflation dips below 1.0pc

BRUSSELS, Oct 01 (AFP): Inflation in the eurozone fell below one per cent in September, data showed on Tuesday, just weeks after the European Central Bank launched a fresh round of stimulus to boost the economy.The rise in consumer prices in the 19-country currency bloc slowed to 0.9 per cent...

Read more

Managing Director & CEO of Southeast Bank

Managing Director & CEO of Southeast Bank Limited M. Kamal Hossain (2nd from L, sitting) and Vice Chairman of IBCF and CDBL A K M Nurul Fazal Bulbul (2nd from R, sitting) posing with the participants of a two-day training programme on 'Foreign Exchange & Foreign Trade under Islamic Framework'...

Read more

Head of SME & Retail Banking Division of Modhumoti Bank

Head of SME & Retail Banking Division of Modhumoti Bank Limited Md. Shaheen Howlader (L) and Managing Director of Star Electronics Md. Zahidul Haque (R) shaking hands as they exchanged documents after signing a Payroll Services agreement on behalf of their respective organisations in the capital recently

Read more

Md Ataur Rahman Prodhan

Sonali Bank Limited Managing Director and CEO Md Ataur Rahman Prodhan (3rd from left) inaugurating the 1218th branch of the bank at Damla, Srinagor in Munshiganj on Tuesday

Read more