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Bangladesh, India pledge to eliminate border killing

2025-02-23 00:00:00

Bangladesh and India have agreed to take concrete measures to eliminate border killings, strengthen security and enhance cooperation on cross-border issues, following the 55th Border Conference between Border Guard Bangladesh (BGB) and India's Border Security Force (BSF), reports UNB.The four-day...

'Auto-rickshaw thieves' arrested

2025-02-23 00:00:00

FE REPORT Police have arrested three alleged members of a gang involved in stealing CNG-run auto-rickshaws. A stolen CNG-run auto-rickshaw was also recovered from their possession. The arrestees were identified as Alal (30), Mithu Saha (20) and Basir Mia (38).According...

Bashir for building equitable society thru Islamic finance

2025-02-23 00:00:00

FE REPORTCommerce adviser Sheikh Bashir Uddin has said it is possible to build a discrimination-free society through Islamic finance that will help the poor become economically self-reliant gradually.It will be a sustainable development model to help realise the vision of...

EWU honours its Ekushey Padak winning alumnus Rifat Nabi

2025-02-23 00:00:00

The Department of Computer Science and Engineering (CSE) at East West University (EWU) has felicitation its alumnus, Rifat Nabi, co-founder of the popular Bengali typing software Avro; for receiving the prestigious Ekushey Padak, reports UNB.The event took place on Thursday...

BRTC to train 100,000 drivers in five yrs

2025-02-23 00:00:00

MUNIMA SULTANAThe Bangladesh Road Transport Corporation (BRTC) has set a target to train 100,000 professional drivers for both light and heavy transport in next five years.Official sources said the BRTA, which initiated the basic driving training programme in 1975, has...

Fire at Korail slum doused

FE REPORT | 2025-02-23 00:00:00

Several hundred shanties were burnt to ashes as a massive fire broke out at Korail slum at Mohakhali in the capital early Saturday, rendering their residents shelter-less. — FE Photo A fire that broke out at Korail slum at Mohakhali...

Work collaboratively to shape a democratic future of Bangladesh

2025-02-23 00:00:00

FE Report Speakers at a conference on Saturday emphasised that democratic governance in Bangladesh requires a multi-dimensional approach, incorporating constitutional safeguards, inclusive policymaking, and robust civic engagement. They underscored that while political transitions create opportunities for reform, long-term democratic consolidation...

Now no extra 5pc VAT on Shwapno products

2025-02-23 00:00:00

A directive from the VAT Law and Regulations Division of the National Board of Revenue (NBR) stated that, according to the Value Added Tax and Supplementary Duty (Amendment) Ordinance 2025, the VAT rate at the business level was increased from...

Community Bank signs agreement with PUNAK

2025-02-23 00:00:00

Community Bank signs agreement with PUNAKAn agreement was signed between Community Bank Bangladesh PLC and Bangladesh Police Naree Kalyan Samiti-PUNAK regarding preferential credit card offers and services. The agreement was signed at the head office of Community Bank on Thursday....

Govt to implement AVS nationwide by June to prevent fraud

2025-02-23 00:00:00

Senior officials from Bangladesh Bank (BB) and the Finance Division have announced that the government will implement the Account Verification System (AVS) nationwide by June to ensure the accuracy of customer accounts as part of its initiative to make government...

'Excelerate Hope Hospital' opens in Moheshkhali

2025-02-23 00:00:00

Excelerate Energy, in collaboration with the Hope Foundation for Women and Children of Bangladesh, has officially inaugurated the first phase of the Excelerate Hope Hospital in Kutubjom, Moheshkhali of Cox's Bazar. The inauguration ceremony was attended by distinguished guests, including...

Exim Bank gets Best Rated Bank Award 2024

2025-02-23 00:00:00

Exim Bank gets Best Rated Bank Award 2024Exim Bank got the Best Rated Award 2024 based on the strong capital, sound asset quality, efficient management, laudable earnings, sufficient liquidity and sensitivity of the market CAMELS rating. Managing Director (Current Charge)...

DCCI calls for steps to increase pvt sector credit flow, generate revenue and curb inflation

2025-02-23 00:00:00

To ensure an overall business and investment friendly environment in the country, it is essential to raise the credit flow to the double digit level in the private sector, bring good governance and transparency in the financial sector and reduce...

JBC holds annual business dev plan confce

2025-02-23 00:00:00

JBC holds annual business dev plan confceJibon Bima Corporation (JBC) held an annual business development plan conference 2025 at the JBC conference room in the city on Thursday. Managing Director of the corporation and additional secretary Md Muhibuzzaman presided over...

Karmasangsthan Bank holds business review meeting in Cumilla

2025-02-23 00:00:00

Karmasangsthan Bank holds business review meeting in CumillaKarmasangsthan Bank held a "Business Review Meeting" with the participation of all regional managers, branch managers and 2nd officers under Cumilla, Chandpur, Brahmanbaria, Noakhali and Laxmipur areas of the bank at the BARD...

Indian drugmakers can retain US dominance even with tariffs

2025-02-23 00:00:00

HYDERABAD, Feb 22 (Reuters): Indian pharmaceutical companies will be able to retain their dominant market share in the US in selling generic drugs even if President Donald Trump imposes high tariffs because they are "highly competitive", a government-backed trade body...

United Finance and Sheba Holdings sign MoU

2025-02-23 00:00:00

United Finance and Sheba Holdings sign MoUUnited Finance PLC and Sheba Holdings Ltd have recently entered into a Memorandum of Understanding (MoU) to strengthen home loan financing, making the path to home ownership easier and more accessible. In this connection,...

Trump’s 10pc oil tariff could cost foreign producers $10b annually

2025-02-23 00:00:00

Goldman Sachs said on Friday a proposed 10 per cent US oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on US refiners due to limited alternative buyers and processing...

Global equity fund inflows rise on European stock rally

2025-02-23 00:00:00

Global equity funds continued to see robust inflows, with the majority directed to European equity funds, which hit record highs fueled by hopes for peace in Ukraine and a surge in the defense sector due to anticipated increases in military...

BRAC Bank to facilitate Tk 15b bond issuance for City Sugar Industries

FE DESK | 2025-02-23 00:00:00

BRAC Bank has been entrusted by City Sugar Industries Limited, a flagship concern of City Group, to facilitate fund mobilisation through the issuance of Teer 100% Mortgage-Backed Zero Coupon Bond worth Tk 15 billion (face value).The bond issuance is subject...

Prime Bank gets new independent director

2025-02-23 00:00:00

Dr M Mosttafa Shazzad Hasan Dr M Mosttafa Shazzad Hasan, a certified forensic accountant, has recently joined the Board of Directors of Prime Bank PLC as an Independent Director.He will also serve as the Chairman of the Audit Committee of...

PUBALI BANK HOLDS ANNUAL MANAGERS' CONFERENCE-2025

2025-02-23 00:00:00

PUBALI BANK HOLDS ANNUAL MANAGERS' CONFERENCE-2025A two-day "Annual Managers' Conference 2025' of Pubali Bank was held at a hotel in Cox's Bazar recently. Monzurur Rahman, Chairman, Board of Directors, was present as the chief guest while Managing Director & CEO...

SOUTHEAST BANK SIGNS MOU WITH PADAKHEP MANABIK UNNAYAN KENDRA

2025-02-23 00:00:00

SOUTHEAST BANK SIGNS MOU WITH PADAKHEP MANABIK UNNAYAN KENDRASoutheast Bank PLC has recently signed a Memorandum of Understanding (MoU) with Padakhep Manabik Unnayan Kendra, a renowned NGO, to provide banking services, including Payroll Banking Service, Corporate Payment Module, Collection Service...

Sunlife Insurance yet to show promise, despite costs down under new owners

Farhan Fardaus | 2025-02-23 00:00:00

Sunlife Insurance has made some progress in reducing costs under its new ownership, but it has yet to achieve revenue growth to make an impact on its overall business performance.While the company is set to publish its financial results for...

Master your writing without hours of reading!

2025-02-23 00:00:00

Arafat Reza As someone known for having a knack for writing and with a decent number of publications to my name, I am usually met with a look of shock and disbelief whenever I share that I am not an...

Notre Dame College hosts landmark 8th National Earth and Space Summit

2025-02-23 00:00:00

Team members of formula IUT project displaying the engine of their formula student car at 8th National Earth and Space Summit held at Notre Dame College, Dhaka recently Sheikh Hasin Abrar Alvi Notre Dame College became the focal point for...

Should you split it equally or not?

2025-02-23 00:00:00

Rashedun NabiFirst-time entrepreneurs find it challenging to understand and perform equity division. The difficulty arises because no universally accepted procedure exists for allocating equity. How equity is divided in startups differs because some teams choose equal division while others wait...

Three held over robbery, sexual assault aboard Rajshahi-bound bus

2025-02-23 00:00:00

TANGAIL, Feb 22 (bdnews24.com): Police have arrested three more individuals in connection with an incident of robbery and sexual assault on a 'Unique Road Royals' bus headed from Dhaka to Rajshahi.In a media briefing on Saturday, Tangail's Superintendent of Police...

From fallow lands to flourishing fields

2025-02-23 00:00:00

SYLHET, Feb 22 (UNB): A sea of lush green vines sprawls across the fields of Jaintapur, each cradling vibrant watermelons that glisten under the late winter sun.This year, the farmers of this upazila in Sylhet have reaped a bumper harvest,...

A white elephant sucking farmers' crores of taka

OUR CORRESPONDENT | 2025-02-23 00:00:00

PABNA, Feb 22: The Pabna Irrigation and Rural Development (IRD) Project is becoming ineffective due to lack of maintenance, negligence and mismanagement; as a result, the cost of crop production is increasing, causing sizable financial losses to farmers. Despite spending...