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India aiming to cut steel emissions by 25pc

2026-04-10 00:00:00

NEW DELHI, April 9 (Reuters): India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output,...

Clean power cushions UK as gas prices surge: report

2026-04-10 00:00:00

LONDON, April 9 (AFP): Britain has been cushioned from surging gas prices since the start of the Middle East war due to its growing use of renewable energy, according to a new report Thursday.Clean energies cut national gas purchases by...

Iran announces alternative routes in Hormuz strait

2026-04-10 00:00:00

TEHRAN, April 9 (AFP): Iran announced alternative routes on Thursday for ships travelling through the Strait of Hormuz, citing the risk of sea mines in the main zone of the vital waterway.Tehran has agreed to temporarily reopen the strait, through...

Gold up as markets gauge US-Iran ceasefire

2026-04-10 00:00:00

Gold edged higher on Thursday, with investors assessing a tenuous ceasefire between the US and Iran as fighting in the Middle East continues, while looking ahead to key US inflation data amid price pressures, reports Reuters.Spot gold edged 0.3 per...

Oil rebounds as fragile ceasefire, Hormuz concerns keep supply risks elevated

2026-04-10 00:00:00

LONDON, April 9 (Reuters): Oil prices rose over 3 per cent on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted, with shippers hesitant to...

Walton launches Digital Campaign Season-24 with millionaire offer

2026-04-10 00:00:00

Country's super brand and tech giant Walton has launched 'Digital Campaign Season-24' with resuming its millionaire offer marking the upcoming Eid-ul-Azha. In season-24, customers are likely to get Tk 1.0 million on the purchase of Walton brand fridge, AC, washing...

NRBC Bank holds outreach training on general banking and microfinance

2026-04-10 00:00:00

NRBC Bank's Human Resource Training and Development Center (HRTDC) organised outreach training programmes in Rajshahi to enhance efficiency, transparency, and risk management in general banking and microfinance operations. The three training sessions titled "General Banking Operation and NI Act," "Microfinance...

Trust Bank launches second batch of Entrepreneurship Development Programme

2026-04-10 00:00:00

Trust Bank PLC has inaugurated the second batch of its month-long Entrepreneurship Development Programme aimed at enhancing the skills and business capabilities of entrepreneurs in the CMSME sector. The programme is being conducted under the Skills for Industry Competitiveness and...

Int'l Women's SME Expo begins in Ctg tomorrow

2026-04-10 00:00:00

The 15th International Women's SME Expo Bangladesh 2026 will begin in Chattogram tomorrow (Saturday), bringing together local and international entrepreneurs with a focus on promoting women-led businesses.The month-long fair, organised by the Chittagong Women Chamber of Commerce & Industry, will...

One ship loaded with octane berths at Ctg port

OUR CORRESPONDENT | 2026-04-10 00:00:00

CHATTOGRAM, Apr 09: A ship named 'MT Central Store' has arrived at the outer anchorage of Chittagong Port carrying about 26,000 MT of refined octane from Malaysia.The 183.6-meter-long ship, flying the flag of Marshall Islands, arrived around 9:00 pm on...

Edible oil crisis emerges as refiners demand price hike

FE REPORT | 2026-04-10 00:00:00

Due to the machinations of dishonest traders, there is a severe scarcity of edible oil in the market.Although the government-set price of non-bottled (loose) soybean oil is Tk 185 per litre and bottled oil Tk 195 per litre, the latter...

Boost fuel storage, ease barriers for renewable shift: Speakers

FE REPORT | 2026-04-10 00:00:00

Speakers at a programme on Thursday called for enhancing fuel storage capacity and mainstreaming renewable energy to build a sustainable economy and tackle present and future energy crises.They identified bureaucratic complexity as one of the key obstacles to doing business...

Drone maker AEVEX eyes $2.35b valuation in US IPO

2026-04-10 00:00:00

Drone maker AEVEX said on Thursday it was targeting a valuation of up to $2.35 billion in its U.S. initial public offering, the latest defense firm looking to capitalize on investor appetite, reports Reuters.The Solana Beach, California-based company, backed by...

Gulf stocks slip as fragile truce jitters investors

2026-04-10 00:00:00

Major Gulf stock markets fell in early Thursday trade as the fragile regional truce appeared to be under strain, spooking investors and reviving concerns over prolonged geopolitical and inflationary risks, reports Reuters.The ceasefire's durability was cast into doubt on Wednesday...

AL-ARAFAH ISLAMI BANK HOLDS 455TH BOARD MEETING

2026-04-10 00:00:00

The 455th Board meeting of Al-Arafah Islami Bank PLC was held at the bank's Head Office on Thursday. Chairman of the Board of Directors Khwaja Shahriar presided over the meeting. The overall business performance of the bank was reviewed and...

SHAHJALAL ISLAMI BANK HOLDS 406TH BOARD MEETING

2026-04-10 00:00:00

The 406th meeting of the board of directors of Shahjalal Islami Bank PLC was held at the corporate head office of the bank on Wednesday. The meeting was presided over by Chairman Mohammed Younus. Among others, Vice-Chairmen of the board...

SONALI BANK ARRANGES TRAINING WORKSHOP IN BARISHAL

2026-04-10 00:00:00

Sonali Bank PLC arranged a training workshop on audit objection, settlement process and money loan cases at the conference room of Barishal GM Office in Barishal on Thursday. Additional Secretary of Financial Institutions Division Abu Saleh Md. Mohiuddin Khan attended...

BANCASSURANCE SERVICE LAUNCHED AT MIDLAND BANK

2026-04-10 00:00:00

Bancassurance service, an initiative of Bangladesh Bank and the Insurance Development and Regulatory Authority of Bangladesh (IDRA), was launched through a formal ceremony organised by Midland Bank and Desh General Insurance at the private bank's head office recently. Through the...

IFIC BANK ORGANISES CURRENCY MANAGEMENT WORKSHOP-

2026-04-10 00:00:00

IFIC Bank organised a day-long workshop on currency management with the aim of making currency management in the bank more streamlined, disciplined and modernised. The workshop took place on Saturday at IFIC Tower in Purana Paltan, Dhaka, featuring AKM Rezaul...

ICB SECURITIES, ADAG, TAP SIGN MOU

2026-04-10 00:00:00

ICB Securities Trading Company, Food wholesaler "Amar Desh Amar Gram" (ADAG) and Trust and Pay (TAP) signed a tripartite memorandum of understanding (MoU) on Thursday under the government's service simplification inititive. The deal aims to promote and expand capital market...

BB extends deadline to implement new framework for fast-track inward remittances disposal

2026-04-10 00:00:00

Bangladesh Bank (BB) has announced an extension of the transition period for banks to implement a new framework aimed at streamlining the disposal of inward remittances and improving overall operational efficiency, reports BSS.According to a BB circular issued on Thursday,...

Abu Dhabi wealth fund Mubadala's assets jump 17pc in 2025 to $385 billion

2026-04-10 00:00:00

BENGALURU/ABU DHABI, April 9 (Reuters): Mubadala Investment Company, among the biggest sovereign wealth funds globally, said on Thursday its assets under management rose 17 per cent to $385 billion in 2025.The company, based in Abu Dhabi, credited the strong performance...

BSEC orders probe into Constellation Asset Management

FE REPORT | 2026-04-10 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) has ordered an investigation into Constellation Asset Management Company Limited over its prior decision to cancel the company's registration.According to the order, the investigation will look into the latest status of receivables and...

Obaidul Hoque joins as MD of Bangladesh Commerce Bank

2026-04-10 00:00:00

Md. Obaidul Hoque has joined as managing director and CEO of Bangladesh Commerce Bank Limited.Prior to this appointment, he served as a member of the board of directors of Janata Bank, where he was also a member of the executive...

Commercial Bank of Ceylon plans Shariah banking rollout in Bangladesh

SIDDIQUE ISLAM | 2026-04-10 00:00:00

Commercial Bank of Ceylon, a Colombo-based regional bank, plans to introduce Shariah-compliant banking in Bangladesh, leveraging its reputation for stability and governance to support the broader development of the country's financial sector.The latest move follows the recent launch of priority...

Foreign investor Brummer to offload more Runner shares

FE REPORT | 2026-04-10 00:00:00

Mauritius-based Brummer Frontier PE II has announced its plan to further withdraw its investment in Runner Automobiles by selling 5 million shares of the company in the secondary market.The move is part of Brummer's exit strategy set out in 2013...

Justice Md Ashfaqul Islam acts as CJ on April 9-16

2026-04-10 00:00:00

Justice Md Ashfaqul Islam will act as Chief Justice (CJ) from April 9 to 16, during the Malaysia and Singapore visit of Chief Justice Zubayer Rahman Chowdhury, reports BSS."During this time, or till Chief Justice Zubayer Rahman Chowdhury joins his...

SC announces revised office hours

2026-04-10 00:00:00

The Supreme Court (SC) administration has announced a revised schedule for office hours at the Appellate Division, reports BSS.According to a notification signed by Appellate Division Registrar Ashiqul Khabir, official activities of the Appellate Division will now begin at 8:00...

Body formed to probe clash between DU students, DMCH interns

DU CORRESPONDENT | 2026-04-10 00:00:00

Hospital authorities have formed a six-member investigation committee to probe the clash between intern doctors and Dhaka University students at Dhaka Medical College Hospital.The university proctor and the hospital director, along with other officials concerned, held an emergency meeting at...

DSCC conducts eviction drive in Gulistan area

FE REPORT | 2026-04-10 00:00:00

The Dhaka South City Corporation (DSCC) carried out an eviction drive against illegal makeshift shops in the city's Baitul Mukarram and Gulistan areas on Thursday.During the drive, led by an executive magistrate of DSCC and backed by police personnel, many...