Prices of essentials saw a sharp rise in the cities on Monday, the last day of a 48-hour transport strike that disrupted supply chain of goods.The Bangladesh Road Transport Workers Federation-enforced strike, which began at 6:00 am on Sunday, ended at six o'clock this morning.Traders said goods transportation remained halted,...
Read moreRising oil prices, high debt level, trade war and low productivity pose serious threat to the world economy, experts warned on Monday. They said Asian countries need to be united to face this looming uncertainty."Oil prices may shoot up to $ 100 per barrel by 2020 and the global commodity...
Read moreThe Cost and Management Accountants Bill, 2018 was passed in the Jatiya Sangsad in an amended form with a view to keeping continuity of the works of the republic, rule of law and legal rights of the people and also a befitting manner, reports BSS.Commerce Minister Tofail Ahmed on Monday...
Read moreACI Motors is organising various exciting events to make Yamaha more popular towards the motor-cycle lovers in Bangladesh. As part of this, Yamaha organised "Yamaha Riding Fiesta" in Khulna after successful similar campaign done in Dhaka recently, according to a statement.A 2-day event was held at Provati School campus, Mohsin...
Read moreDairy farmers will now get loan at 4.0 per cent interest rate instead of 5.0 per cent from Bangladesh Bank's Tk 2.0 billion refinancing scheme, reports BSS.The central bank on Monday announced to lower the interest rate to 4.0 per cent from 5.0 per cent with effect from November 01,...
Read moreA quiz contest to inspire the meritorious students related to Chartered Accountancy (CA) was held at CA Bhaban recently where 32 students from 16 prominent public and private universities participated, according to a statement. Tania Ahmed and Md. Shahnewaj from Accounting Department of Jahangirnagar University became the champions while Farah...
Read moreFBCCI expresses concern over transport strikeThe Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Monday expressed its deep concern over the prevailing transport strike called by the 'Sarak Paribahan Shramik Federation'. It said that the daily life of countrymen is being hampered and the economic activities are disrupted...
Read moreManaging Director of First Security Islami Bank Limited Syed Waseque Md Ali inaugurating the bank's Nalta branch at Satkhira on Monday. Senior executives of the bank and local elite were present
Read moreChairman of the Executive Committee of Financial Excellence Limited (FinExcel) Kaiser A. Chowdhury posing for a photograph with the participants at the inaugural session of a day-long training programme on 'Advanced Credit Risk Management' in the capital recently
Read moreLOS ANGELES, Oct 29 (Xinhua): US-China Agriculture Food Trade Forum was held Thursday in the western US state of California, focusing on the promotion of marketing communication and cooperation between the agriculture and food industry of the two countries amid Washington-triggered trade tensions.The event, jointly hosted by the Representative Office...
Read moreKUALA LUMPUR, Oct 29 (Xinhua): Malaysia's new approved direct investments in the services, manufacturing and primary sectors rose by 17.7 per cent year-on-year to 80.2 billion ringgit (about 19.18 billion US dollars) in the first half of 2018, according to data released Monday.Malaysian Investment Development Authority (MIDA) said in a...
Read moreICB Islamic Bank Limited Managing Director (MD) and CEO Muhammad Shafiq Bin Abdullah and CloudWell Limited Chairman and CEO Anisul Islam exchanging documents after signing an agreement on "Utility Bill Collection and Settlement Service" on behalf of their respective organisations at the bank's head office in the city recently
Read moreSHENZHEN, Oct 29 (Reuters): More than 70 per cent of US firms operating in southern China are considering delaying further investment there and moving some or all of their manufacturing to other countries as the trade war bites into profits, a business survey showed on Monday.US companies operating in China...
Read moreWASHINGTON, Oct 29 (Reuters): IBM Corp said on Sunday it had agreed to acquire US software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin products and services.The transaction is by far IBM's biggest acquisition. It underscores...
Read moreHONG KONG, Oct 29 (AFP): Banking giant HSBC said on Monday that pre-tax profit rose 28 per cent to $5.92 billion in the third quarter, boosted by "strong revenue growth" in its main global businesses.Adjusted pre-tax profit rose 16 per cent year-on-year to $6.2 billion, reflecting revenue growth that was...
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