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StanChart empowers 3,500 farmers

2025-01-23 00:00:00

Standard Chartered Bangladesh, in collaboration with Sustainable Agriculture Foundation Bangladesh (SAF Bangladesh), has successfully developed two farming smart model villages in Rangpur District, says a press release. This transformative initiative aims to uplift underprivileged rural communities by fostering sustainable agriculture...

Remove tariff, non-tariff barriers

FE REPORT | 2025-01-23 00:00:00

The businessmen of Bangladesh and Pakistan on Wednesday called upon their respective governments to remove all tariff and non-tariff barriers to boost bilateral trade for the mutual benefit of the two brotherly countries. They made the request during a business-to-business...

Asian traders cheer Trump AI pledge but China tariff woes return

2025-01-23 00:00:00

HONG KONG, Jan 22 (AFP): Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially...

TRUST BANK RELOCATES BRANCH, RENAMES IT 'ARMY STADIUM BRANCH'

2025-01-23 00:00:00

Trust Bank relocated 'Army Stadium Branch', which was previously located at and named after Radisson Water Garden Hotel. Major General Md Masudur Rahman, ndc, psc, Adjutant General, Bangladesh Army, and vice chairman, Trust Bank, inaugurated the new premises of the...

DBBL to issue bonds worth Tk 12b

FE REPORT | 2025-01-23 00:00:00

The market watchdog approved the proposal of Dutch-Bangla Bank Limited (DBBL) to float subordinated bonds worth Tk 12 billion.The listed private commercial bank disclosed the information in a filing on Wednesday. The bank took the decision to float its 5th...

Abdul Mannan becomes DMD of MTB

2025-01-23 00:00:00

Abdul Mannan has recently became Mutual Trust Bank's (MTB) deputy managing director (DMD), according to a statement.Prior to the promotion with effect from January 01, he served as senior executive vice president and head of MTB's Branch Banking Division.With over...

DBA at loggerheads with CSE over extended trading time

FE REPORT | 2025-01-23 00:00:00

Stock brokers of the Dhaka bourse have urged the Chittagong Stock Exchange (CSE) to withdraw its decision extending its trading period by 45 minutes, which will come into effect on January 26.The port city bourse on Wednesday sent letters to...

Does Far Chemical's elevated status portray its true picture?

FARHAN FARDAUS | 2025-01-23 00:00:00

Far Chemical Industries will be elevated to the status of B category stock from existing Z category as it has paid 1 per cent dividends to investors.Earlier, the stock market watchdog placed it on the list of junk stocks for...

Regulator "over-dependent" on task force for urgent reforms

MOHAMMAD MUFAZZAL | 2025-01-23 00:00:00

Market intermediaries accuse the securities regulator of having shifted its responsibilities to the Financial Institutions Division (FID) and task force so that it does not have to take the blame for any misstep. The Bangladesh Securities and Exchange Commission (BSEC)...

EU 'in for tariffs', says Trump

2025-01-23 00:00:00

WASHINGTON, Jan 22 (AFP): US President Donald Trump pledged Tuesday to hit the European Union with tariffs, adding that a 10 percent duty on Chinese imports could also come as soon as February 1.Trump, who was speaking to reporters at...

MoFA wants missions abroad to work out strategies

2025-01-23 00:00:00

The Ministry of Foreign Affairs(MoFA) has underscored the role of Bangladesh's missions abroad in designing sustainable economic strategies and addressing critical challenges in market diversification, attracting foreign direct investment (FDI) and leveraging technology and connectivity, reports UNB.The MoFA and Bangladesh...

Shyamoli Branch of Social Islami Bank holds Client Get-together

2025-01-23 00:00:00

Shyamoli Branch of Social Islami Bank PLC organised a Client Get-together on Tuesday with Md. Nazmus Saadat, Managing Director (Acting) of the bank present as chief guest. Md. Salim Ullah, Manager of Shyamoli Branch presided over the event.

BRAC Bank enhances banking experience for Bastob employees

2025-01-23 00:00:00

BRAC Bank has partnered with Bastob, a non-profit, voluntary development organisation, to provide exclusive Employee Banking (EB) services, says a press release.Bastob officials will enjoy a convenient and delightful banking experience, including salary accounts, multi-currency debit cards, credit cards, loan...

Abdur Rahman joins RAKUB as DMD

2025-01-23 00:00:00

Kazi Abdur Rahman has joined Rajshahi Krishi Unnayan Bank (RAKUB) as Deputy Managing Director (DMD).Financial Institutions Division under the Finance Ministry issued a circular in this regard recently, says a press release. He earlier served in the same position (DMD)...

Sweets makers seek 5.0pc VAT

FE REPORT | 2025-01-23 00:00:00

Local sweets makers have sought withdrawal of the proposed 10 per cent value-added tax (VAT) on the sale of sweets items in the greater interest of the sector.They have suggested imposition of 5.0-per cent VAT instead of 10 per cent.The...

Walton small appliance network holds 'Partners summit-2025'

2025-01-23 00:00:00

With the slogan of 'Redefining Future Together', the small appliance network of Walton has arranged a conference titled 'Partners Summit-2025' at Walton Hi-Tech Park in Chandra, Gazipur. Over one thousand business partners of small appliance networks, sales executives, officials and...

NCC Bank workshop on "Cluster Financing"

2025-01-23 00:00:00

NCC Bank as a lead bank organised a daylong workshop on "Cluster Financing" recently at Dinajpur. Md. Rafiqul Islam, Executive Director of Rangpur office of Bangladesh Bank, inaugurated the workshop as chief guest while Md. Zakir Anam, Deputy Managing Director...

SMEs’ share in GDP 35pc by 2030 in focus

FE REPORT | 2025-01-23 00:00:00

Industries ministry has initiated framing the National SME Policy 2025, aiming to boost the contribution of small and medium enterprises (SMEs) to GDP to 35 per cent by 2030 from the current 27 per cent.The 2019 policy is the last...

Iran executes man convicted of killing police officer

2025-01-23 00:00:00

TEHRAN, Jan 22 (AFP): A man was executed in Iran on Wednesday for the murder of a police officer in a central part of the country, the judiciary's official news agency reported."The killer intentionally ran over the police commander of...

China's navy commissions new-generation frigate

2025-01-23 00:00:00

TAIPEI, Jan 22 (AP): China's navy has commissioned a new-generation frigate as competition rises with the U.S. and other regional powers, saying the ship will "play a vital role in enhancing the overall combat effectiveness" of its forces.China already has...

Shooting, explosions rock Jenin

2025-01-23 00:00:00

JENIN, Jan 22 (AFP/AP): Gunfire and explosions rocked the occupied West Bank's Jenin area on Wednesday, a Palestinian official and an AFP reporter said, as the Israeli military pressed on for a second day with a large-scale raid.The operation, launched...

Don't single out China in South China Sea tensions

2025-01-23 00:00:00

DAVOS, Jan 22 (AFP): There will always be border disputes in Asia, and China should not be singled out because of tensions in the South China Sea, Malaysian Prime Minister Anwar Ibrahim said Wednesday.Speaking at the World Economic Forum in...

Russia may face more sanctions

2025-01-23 00:00:00

WASHINGTON, Jan 22 (AFP): US President Donald Trump on Tuesday indicated he may impose fresh sanctions on Russia if President Vladimir Putin refuses to negotiate a deal to end the war in Ukraine."Sounds like it," Trump told reporters at the...

Brazilian soy shipments to China from 5 firms halted

2025-01-23 00:00:00

BEIJING, Jan 22 (Reuters): China, the world's biggest soybean buyer, has stopped receiving Brazilian soybean shipments from five entities after cargoes did not meet phytosanitary requirements, two sources with direct knowledge of the matter told Reuters on Wednesday.Brazil, the world's...

More US LNG exports to Europe will help market, Uniper CEO says

2025-01-23 00:00:00

BERLIN, Jan 22 (Reuters): More US exports of liquefied natural gas (LNG) to Europe as called for by President Donald Trump will relieve tight global markets, reduce prices, and help traders diversify their supplies, the head of German utility Uniper...

Gold near 3-month high on softer dollar, Trump policy uncertainty

2025-01-23 00:00:00

Prices of safe-haven gold rose to a near three-month high on Wednesday, boosted by uncertainty surrounding US President Trump's policies and a softer dollar, reports Reuters.Spot gold added 0.4 per cent to $2,755.19 per ounce as of 1200 GMT. The...

Islami Bank official achieves AAOIFI's CSAA fellowship

FE REPORT | 2025-01-23 00:00:00

Abu Nasir Md Muzahid, Senior Principal Officer of Islami Bank Bangladesh PLC achieved the Certified Shari'ah Advisor and Auditor (CSAA) fellowship of Bahrain-based Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). The bank official is now entitled to all...

Oil prices steady as investors watch Trump policies

2025-01-23 00:00:00

Oil prices held steady on Wednesday, with traders closely watching President Donald Trump's proposed tariffs and the potential impact of the national energy emergency he declared on his first day in office, reports Reuters.Brent crude futures inched 4 cents higher,...

Inter-hall cricket final held in SAU

2025-01-23 00:00:00

SYLHET, Jan 22 (BSS): The inter-hall cricket final match of Sylhet Agricultural University (SAU) held at the university ground Wednesday.Sheikh Mujibur Rahman Hall emerged champions in the meet defeating Abdus Samad Azad Hall.SAU Vice-Chancellor Prof. Dr. Md. Alimul Islam handed...

BPL T20 Today's Matches (2025-01-23)

2025-01-23 00:00:00