Most major stock markets in the Gulf were subdued on Monday due to uncertainty surrounding US trade policy, although the Saudi Arabian bourse bucked the trend, rising on strong gains from real estate companies, reports Reuters.US President Donald Trump reaffirmed...
Southeast Bank recently entered into a strategic partnership with Visa, aiming to deliver seamless digital payment services to its Visa cardholders. The agreement will also help the bank execute marketing campaigns and implement digital payment technologies. The partnership is expected...
NCC Bank PLC hosted its two-day 'Annual Business Conference-2025' at a resort in Habiganj, Sylhet, recently. The primary focus of this gathering was to enhance the bank's business by delivering exemplary customer service. Chairman of the bank Md Nurun Newaz...
Mutual Trust Bank (MTB) inked a deal with IFAD Motors Limited, the authorised distributor and manufacturer of Royal Enfield motorcycles in Bangladesh, to provide it with the bank's state-of-the-art cash management solution. MTB's comprehensive digital cash management platform integrates payment,...
Thai Airways marked a milestone with the inauguration of its new Dhaka Town Office to explore more market potentials in Bangladesh, reports BSS. Thai Ambassador to Bangladesh Makawadee Sumitmor inaugurated the office, located at the Gulshan avenue in the capital...
Bangladesh Export Processing Zone Authority (BEPZA) has contributed 29 per cent of total Foreign Direct Investment (FDI) of the country in the fiscal year 2023-24, reports UNB.BEPZA Executive Chairman Major General Abdul Kalam Mohammad Ziaur Rahman revealed this figure at...
Abdul Aziz (Zumma) recently joined EXIM Bank as additional managing director. Before joining the bank, he held the same position at Shahjalal Islami Bank, according to a statement.Abdul Aziz began his professional journey as an officer at NCC Bank in...
FE REPORT | 2025-01-28 00:00:00
Eastern Housing secured a 19.25 per cent year-on-year profit growth in the second quarter through December of FY25 as it got rid of borrowing costs the year before. In the second quarter of FY25, it earned Tk 229.88 million, resulting...
JUBAIR HASAN | 2025-01-28 00:00:00
Electronic Loan Application Proposal (eLAP) emerges as a high-yielding digital intervention that helps BRAC Bank expand its SME (small and medium enterprises) business faster in a sluggish business climate.The digitised loan processing system is not only assisting the country's largest...
FE REPORT | 2025-01-28 00:00:00
Apex Footwear experienced a significant year-on-year growth in profit in the first six months (H1) and the second quarter of FY25, riding on increased revenue earnings.Its other income and operating efficiency also facilitated the profit growth.The country's leading shoemaker and...
Rupali Bank PLC has unveiled its digital financial service, 'Rupali e-bank' app, to provide modern and better services. Managing Director of the bank Kazi Md. Wahidul Islam inaugurated the app at the head office of the bank in Dhaka on...
Eastern Bank PLC (EBL) has announced a partnership with Moner Bondhu to provide free mental health and wellbeing services to women workers in the ready-made garments (RMG) sector. This initiative, under EBL's corporate social responsibility (CSR) programmes, is set to...
The Asian Development Bank (ADB) signed an MoU with the Posts and Telecommunications Division (PTD), the Public-Private Partnership Authority (PPPA) and the BTCL on Monday for developing Bangladesh's first green data centre under a public-private partnership (PPP) model.PPPA Director General...
BRAC Bank has once again secured a 'B+' credit rating with a 'Stable' outlook, as affirmed by the world's leading credit rating agency, S&P Global Ratings.Despite challenges in the banking sector, the US-based S&P Global Ratings has kept confidence on...
FE REPORT | 2025-01-28 00:00:00
Speakers at a roundtable on Monday emphasised the need for integrated and holistic reforms at the National Board of Revenue (NBR), with a particular focus on digitisation, consistency in tax rates, and enhancing direct taxation.They also stressed the importance of...
NAZIMUDDIN SHYAMOL | 2025-01-28 00:00:00
CHATTOGRAM, Jan 27: The Chattogram Customs House (CCH) has launched an online auction to sell 100 high-value imported vehicles that have been held at the Chittagong Port's car shade for a long time. Interested individuals or organisations can submit bids...
The 17th Annual General Meeting (AGM) of Shahjibazar Power Co. Ltd. was held on a digital platform on Monday. Chairperson of the company Anis Salahuddin Ahmad, Managing Director Faridul Alam, Directors A.K.M Badiul Alam, Md Shamsuzzaman, Akbor Haider, Faisal Alam,...
ISLAMABAD, Jan 27 (AFP): Pakistan's jailed former prime minister Imran Khan and his wife Bushra Bibi on Monday appealed their convictions for graft, his lawyer said."We have filed appeals today and in the next few days it will go through...
COLOMBO, Jan 27 (AFP): The son of Sri Lanka's former president Mahinda Rajapaksa was banned Monday from leaving the island nation followinghis arrest for alleged money laundering.The case against Yoshitha Rajapaksa dates back years, but has received renewed impetus since...
BEIJING, Jan 27 (AP): The top diplomats of China and India called for their nations to provide further mutual support, but avoided publicly mentioning a long-standing border dispute in the Himalayas when they met Monday in Beijing.Chinese Foreign Minister Wang...
TEHRAN, Jan 27 (AFP): Iran's Revolutionary Guards have deployed missiles featuring artificial intelligence technology during military drills in the Gulf, state media reported Monday.The Guards' naval force "fired Ghaem and Almas missiles equipped with artificial intelligence from advanced Mohajer-6 and...
MULTAN, Pakistan, Jan 27 (AFP): Spinner Jomel Warrican took five wickets as the West Indies won a Test match in Pakistan Monday for the first time in nearly 35 years.The West Indies won the second Test in Multan by 120...
Bangladesh are confirmed to finish at seventh place in the ICC World Test Championship, which is in its third cycle at this momentum, reports BSS.In the first two cycles, Bangladesh languished at the bottom table.The latest outcome was confirmed when...
LONDON, Jan 27 (AFP): India paceman Jasprit Bumrah was Monday named men's Test cricketer of the year for 2024 by the International Cricket Council.The right-arm quick returned to the five-day format in late 2023 following a lengthy absence due to...
Tamim Iqbal-led Fortune Barishal advanced to the qualifiers stage of the Bangladesh Premier League (BPL) with two matches to spare beating Khulna Tigers by five wickets with five balls remaining at the Sher-e-Bangla National Cricket Stadium in the city on...
Two persons were killed in separate accidents in Rajshahi and Tangail districts on Monday, reports BSS.In Rajshahi, two people were killed and two others injured in a head-on collision between two motorbikes in Debipur Panchpir area under Tanore upazila of...
NARAYANGANJ, Jan 27, 2025 (BSS): A court here on Monday sentenced a man to life term imprisonment for killing his wife in Siddhirganj upazila of the district in 2021.The court also fined convict Nurul Amin Sabuj, 54, Taka 50,000, in...
OUR CORRESPONDENT | 2025-01-28 00:00:00
PABNA, Jan 27: All the 60 houses are left in ruins; almost nothing remains of their doors, windows, tins, brick walls and broken bricks are lying scattered all around-- this is a narrative of the present condition of Guchchhagram Shelter...
Mahmud Hossain | 2025-01-28 00:00:00
Bangladesh, once hailed as the "Next Asian Tiger" and having made remarkable progress in poverty alleviation, export growth, and social development, now faces unprecedented challenges ranging from global economic uncertainty to domestic structural inefficiencies. Over the last 15 years under...
Artificial Intelligence, once a futuristic concept, has become a reality, transforming our lives and work. It is reshaping industries and economies through innovation, automation, and advancements. AI-driven systems enhance productivity, reduce costs, and increase efficiency, particularly in repetitive tasks and...
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