US Congress has invited BNP Acting Chairman Tarique Rahman and two other senior BNP leaders in the 'National Prayer Breakfast' programme in Washington DC on February 5-6.BNP secretary general received the invitation letter yesterday, media cell member of BNP Shairul...
A single group based in Chattogram has laundered $20 billion abroad, said Bangladesh Bank (BB) Governor Dr Ahsan H Mansur on Saturday, reports UNB. The central banker, however, did not mention the name of the group. Efforts are underway to...
MONIRA MUNNI AND REZAUL KARIM | 2025-01-12 00:00:00
Over a thousand of incidents like work abstention, road blockade, attacks and vandalism have roiled Bangladesh's potential readymade garment industry since August uprising to December last year, according to a report.The report has recorded some 1108 such incidents during the...
UCB INVESTMENT RAISES TK 4,000M CAPITAL FOR PUBALI BANK UCB Investment Limited successfully closed Pubali Bank 4th Subordinated Bond worth Tk 4,000 million issued by Pubali Bank PLC. The closing ceremony was held at Pubali Bank's head office in Dhaka...
Dhaka Bank has signed an agreement with MetLife Bangladesh to offer its employees comprehensive life insurance coverage.This partnership will ensure that more than 1,980 Dhaka Bank employees are protected against critical illness, accidents, disabilities, and loss of life.Sheikh Mohammad Maroof,...
Mercantile Bank holds 'Annual Business Conference - 2025'The Annual Business Conference - 2025 of Mercantile Bank was held in the city on Saturday. Md. Anwarul Haque, chairman of the Board of Directors, was present as the chief guest while Managing...
NEW YORK, Jan 11 (Reuters): Investment bankers are gearing up for a pickup in dealmaking activity in global equity capital markets this year, buoyed by a promising pipeline of anticipated initial public offerings of several high-profile companies.Liquefied natural gas producer...
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Administrator Md. Anwar Hossain held a meeting on Saturday with the leaders of the two contesting panels, Sammilita Parishad and Forum, to discuss about the upcoming election of the BGMEA Board of Directors,...
FE REPORT | 2025-01-12 00:00:00
The latest increase in VAT and taxes on different products as well as a move to double the gas price for industries would leave 'catastrophic consequences' on the economy that is currently going through critical challenges.A leading trade body on...
Padma Oil holds its 55th Annual General Meeting The 55th Annual General Meeting of Padma Oil Company Limited was held on a digital platform on Saturday. Chairman of the Board of Directors A K M Zafar Ullah Khan presided over...
Sugarcane farmers associated with the Bangladesh Sugar and Food Industries Corporation (BSFIC) are now receiving payments for sugarcane sales on time, directly into their bKash accounts.This digital payment mechanism ensures hassle-free and accurate transfers, thereby fostering increased farmer engagement in...
The political "uncertainty" created by the changeover of power has caused foreign investors and expatriates to lose confidence in Bangladesh due to the lack of "financial security", but the interim government wants to quickly restore their confidence with a "roadmap",...
Our CorrespondentCHATTOGRAM, Jan 11: At least 10 people were injured in a clash between workers of two factories in the Chittagong Export Processing Zone (CEPZ) in the port city on Saturday.Eyewitnesses said workers of JMS Limited and Marimo Limited were...
Nazimuddin Shyamol | 2025-01-12 00:00:00
CHATTOGRAM, Jan 11: The shipping industry is now faced with mounting challenges following the withdrawal of tax exemption coupled with the imposition of VAT on the sector, posing a serious threat to its growth.In 2022, the government had announced a...
Three muggers arrested from PallabiPolice have arrested three members of a mugging gang from Kalshi of city's Pallabi. The suspects, identified as Md. Raihan (21), Md. Shuvo, and Md. Rana Islam (22), were arrested by a team from Pallabi Police...
Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Sunday), according to the Met Office. Light to moderate fog may occur at places over the country during late...
Bangladesh Navy organised a free medical camp and distributed warm clothes among the poor and disadvantaged people at St. Martin’s, Teknaf in Cox's Bazar on Friday. — ISPR
BENAPOLE, Jan 11 (UNB): Twelve Bangladeshis, who had illegally entered India two years ago, returned home on Friday after serving time in prison there.The returnees, who were lured by brokers promising better job opportunities, crossed into India through various borders....
A view of the Spring semester orientation of North South University (NSU), held in the capital on Saturday. Shipping and Labour and Employment Adviser Brig Gen (Retd) M Sakhawat Hussain PhD attended the event as chief guest. NSU Vice-Chancellor Professor...
FE REPORT Police rescued a kidnap victim on Friday night and arrested five persons in connection with the kidnap from Shewrapara of Mirpur area in the capital.Acting on a tip-off, a team of Mirpur Model Police Station raided a house...
MUNSHIGANJ, Jan 11 (UNB): Two people were killed and another one was injured in a collision between a speedboat and bulkhead in the Meghna River in Gazaria upazila of Munshiganj district, police said on Saturday. The incident iccurred on Friday...
Tracey Ann Jacobson, a career member of the Senior Foreign Service, joined the US Embassy Dhaka as Chargé d'affaires (ad interim) on Saturday, reports UNB."With extensive experience in diplomacy, having served as US Ambassador to Tajikistan, Turkmenistan, and Kosovo, and...
A Russian flag-carrier ship, MV Melina, has reached Mongla sea port with huge general machinery for Rooppur Nuclear Power Plant (RNPP), BSS reported citing Mongla Port Authority (MPA) Deputy Director Muhammad Makruzzaman.The ship anchored at the jetty No. 9 on...
The 23rd Dhaka International Film Festival (DIFF) began in the city on Saturday.The festival will showcase 220 films from 75 countries with the slogan "Better Film, Better Audience, Better Society."The flagship yearly film festival of Bangladesh, this year's nine-day festival...
FE REPORTBangladesh witnessed a drastic drop of 4.38-million mobile internet subscribers in November 2024, marking the largest single-month decline since August 2021.This reduction brought the total number of internet subscribers down to 132.8 million from 137.18 million in October, according...
The recent surge in mugging incidents across various areas in Dhaka has raised significant public concern about the law and order situation in the country. This alarming trend has created a climate of fear and insecurity among city dwellers, particularly...
Traffic congestion in Dhaka city has further worsened in recent months, with roadside shops playing a major role in creating severe gridlocks. Areas such as Farmgate, Newmarket, Mohammadpur, Jatrabari, and Gulistan are suffering from this probem as shopkeepers have set...
Atiqul Kabir Tuhin | 2025-01-12 00:00:00
A video clip of aggrieved farmers destroying their cauliflower in the field as they fail to recover even the basic costs of production is doing the rounds on social media. Mainstream media is also abuzz with stories of farmers not...
SHAMSUL HUQ ZAHID | 2025-01-12 00:00:00
The move of the National Board of Revenue (NBR) to raise value-added tax (VAT) and supplementary duty (SD) on nearly 100 goods and services has evoked both surprise and anguish.Surprise, because the hike that has come halfway through the current...
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