SM Mainul Kabir joined SBAC Bank as managing director (MD) and CEO on Wednesday, according to a press release.Before joining SBAC Bank, SM Mainul Kabir served as deputy managing director of United Commercial Bank. Mr Kabir brings over 30 years...
FE REPORT | 2025-12-18 00:00:00
The auditors of two listed companies-Global Heavy Chemicals and Metro Spinning-have raised red flags over their ability to sustain business operations.In their latest audit opinions included in the FY25 financial statements, the auditors said it was necessary to inform investors...
BABUL BARMAN | 2025-12-18 00:00:00
The year 2025 is nearing its end without a single company being listed, a rare event in the history of the country’s capital market.The current commission of the Bangladesh Securities and Exchange Commission (BSEC), formed after the political changeover in...
Modhumoti Bank PLC opened 'Panchchar Sub-Branch' at Shibchar in Madaripur on Wednesday. Md Shafiul Azam, Managing Director & CEO of the bank, inaugurated the branch as the chief guest. Shahnawaj Chowdhury, Additional Managing Director, was present as the special guest...
Islami Bank Bangladesh PLC achieved the first position in the Remittance Award 2026 conferred by the Ministry of Expatriates' Welfare and Overseas Employment. The bank earned this recognition for securing the highest remittance inflow during the 2024-25 fiscal year. The...
ADN Telecom Limited was honoured with the Gold Award at the 12th ICSB National Award for Corporate Governance Excellence, 2024 in the Information and Communication Technology category at a city hotel on Monday. Henry Hilton, Managing Director, ADN Telecom, and...
Unilever Consumer Care Limited won the Gold Award at the 12th ICSB National Award for Corporate Governance Excellence, 2024 at a ceremony held at a city hotel recently. Lutfey Siddiqi, Special Envoy on International Affairs to the Chief Adviser, handed...
NAZIMUDDIN SHYAMOL | 2025-12-18 00:00:00
CHITTAGONG, Dec 17: A United States Coast Guard (USCG) team that scrutinised compliance with the International Ship and Port Facility Security (ISPS) Code at Chittagong Port has given a very positive report.The USCG team did not raise any observations (zero...
Md Fayaz Alam, Deputy Managing Director of Janata Bank PLC, has been elected new Chairman of IIDFC PLC.The Board of Directors elected him during the company's 24th Annual General Meeting (AGM), held at the IIDFC's head office recently.Mr. Alam is...
FE REPORT | 2025-12-18 00:00:00
The country's readymade garment (RMG) exports to the European Union (EU) recorded a significant 19.67 per cent year-on-year decline in October this year as the bloc's overall apparel imports fell during the month.According to Eurostat data published on December 16,...
Attracting foreign tourists remains a challenge for Bangladesh attributed to various factors including security concerns and inadequate infrastructure support. Additionally, the country faces significant revenue loss as Bangladeshis often choose to vacation abroad. However, recent government initiatives have made strides...
Atiqul Kabir Tuhin | 2025-12-18 00:00:00
A recent report titledm 'World inequality report 2026', published by the Paris-based World Inequality Lab, has once again laid bare the ever-widening chasm between the rich and the poor. According to the report, the richest 10 per cent of people...
The United Nations World Urbanisation Prospects 2025 report reveals that Dhaka City is the second largest megacity after Jakarta. Instead of celebrating this elevated status, both experts in urban development and ordinary citizens consider this sobriquet highly concerning. Not only...
Shah Md Ahsan Habib | 2025-12-18 00:00:00
Non-performing loans, commonly known as NPLs, are often discussed as if they represent a moral failure of the banking system. In reality, they are a standard business outcome of lending, embedded in the structure of modern finance. Banking is not...
COLOMBO, Dec 17, 2025 (AFP): Sri Lanka have hired former Indian fielding coach R. Sridhar to do the same job for them ahead of the men's T20 World Cup starting in February, the board said Wednesday.The 55-year-old Indian will also...
A Bangladesh Cricket Board official on Tuesday brushed aside the possibilities of a rebel cricket league in the country. The possibility of a rebel league was thought of after 44 clubs decided not to take part in any kind of...
Bangladesh sealed top spot in Group B of the Under-19 Asia Cup, after defeating Sri Lanka by 39 runs in Dubai, reports espncricinfo.com.Bangladesh's win was built on the back of handy contributions from their top order - Zawad Abrar and...
PARIS, France, Dec 17 (AFP): World Cup organisers unveiled a new cut-price ticket category on Tuesday after a backlash by fans over pricing for the 2026 tournament in the United States, Canada and Mexico.Football's global governing body FIFA said in...
Bangladesh Test skipper Najmul Hossain Shanto is hopeful of returning to the national fold in the shortest format by delivering the upcoming Bangladesh Premier League. Shanto, who is not a regular in the Bangladesh T20 set-up, will be guiding Rajshahi...
Md Sabuktagin, General Manager of Bangladesh Railway (east zone), along with other railway officials and employees places a wreath at the CRB Shaheed Minar in Chattogram on Tuesday on the occasion of the Victory Day.
Bangladesh Agricultural Development Corporation (BADC) observed Victory Day with various programmes on Tuesday. The programme began with the hoisting of the national flag at dawn. Later, a wreath was placed at a memorial to the BADC officials and employees martyred...
Bangladesh House Building Finance Corporation (BHBFC) placed a wreath at the National Memorial in Savar on Tuesday to pay tribute to the martyrs of the Liberation War on the occasion of the Victory Day. BHBFC officials and employees led by...
LONDON, Dec 17 (Reuters): Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation, the International Energy Agency said on...
Silver surged past $65 an ounce to record highs on Wednesday, while gold advanced after softer-than-expected US jobs data signalled a cooling labour market, fuelling bets on more interest rate cuts next year, reports Reuters.Spot silver was up 3.4 per...
LONDON, Dec 17 (Reuters): Oil prices rallied more than 2 per cent on Wednesday after US President Donald Trump ordered a complete blockade of all sanctioned oil tankers entering and leaving Venezuela, raising geopolitical tensions at a time of concerns...
NEW DELHI, Dec 17 (Reuters): Authorities in India's capital Delhi rolled out strict measures on Wednesday in an attempt to curb pollution, including a ban on vehicles not compliant with latest emission control norms and regulating attendance in private and...
JERUSALEM, Dec 17 (AFP): Israeli settlers shot dead a 16-year-old Palestinian near Bethlehem in the occupied West Bank, Palestinian official news agency WAFA reported on Tuesday.Muheeb Ahmed Jibril was killed shortly after the funeral procession for another teenager who was...
MOSCOW, Dec 17 (AFP): Russian President Vladimir Putin's spokesman indicated Tuesday that the Kremlin opposes European participation in talks on ending the conflict in Ukraine based on a US plan."The participation of the Europeans, in terms of acceptability, does not...
CARACAS, Dec 17 (BBC): US President Donald Trump has ordered "a total and complete" blockade of all sanctioned oil tankers entering and leaving Venezuela - a move that Caracas has denounced as "warmongering threats".Trump wrote that Venezuelan President Nicolás Maduro's...
WASHINGTON, Dec 17 (AFP): President Donald Trump on Tuesday expanded a US travel ban by barring nationals of seven more countries including Syria, as well as Palestinian Authority passport holders, from entering the United States.Trump, who has long campaigned to...
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