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Economic growth slows, shrinks to 3.03pc in Q2

FHM HUMAYAN KABIR | 2026-04-07 00:00:00

Bangladesh's economic growth significantly slows with the second-quarter GDP growth of this fiscal year declining to 3.03 per cent, official statistics show. The growth in the October-December period of the fiscal year (FY) 2025-26 marks a decrease from the level...

NPLs balloon to Tk 5.45t

FE REPORT | 2026-04-07 00:00:00

Bangladesh's banking sector is bearing a burden of non-performing loans (NPLs) having ballooned to some Tk 5.45 trillion as of December 31, 2025, underlining deep-rooted weaknesses in credit discipline and financial oversight.The figure was disclosed Monday in the Jatiya Sangsad...

Russian strike kills three in south Ukraine

2026-04-07 00:00:00

KYIV, Apr 06 (AFP): A Russian strike on the southern Ukrainian port city of Odesa killed three people including a child, a military official said Monday.Moscow has been firing drones at Ukraine in nightly barrages during its four-year invasion launched...

Afghan flooding kills 110

2026-04-07 00:00:00

KABUL, Apr 06 (Xinhua): At least 110 people have been confirmed dead, 160 injured, and seven others have gone missing after torrential rainfall triggered flash floods across Afghanistan over the past 11 days, the Afghanistan National Disaster Management Authority (ANDMA)...

Iran Guards preparing plan for new order in Strait of Hormuz

2026-04-07 00:00:00

TEHRAN, Apr 06 (AFP): Iran's Revolutionary Guards said they are completing preparations to enforce new operating conditions in the Strait of Hormuz, which has been all but shut since the war with the United States and Israel began."The IRGC naval...

WB Country Director visits IDCOL-financed rooftop solar project at GPH Ispat

2026-04-07 00:00:00

Country Director of the World Bank, Jean Pesme, along with a senior management team from the World Bank Bangladesh office, visited the 6.05 MWp rooftop solar project of GPH Ispat Ltd on Saturday. The project, one of the largest rooftop...

Agent banking meeting of Al-Arafah Islami Bank held in Cox's Bazar

2026-04-07 00:00:00

Al-Arafah Islami Bank PLC, one of the leading Shariah-based banks in the country, organised a view-exchange and courtyard meeting with agents, branch managers, and outlet managers of Cox's Bazar district. Deputy Managing Director Mohammad Aminul Islam Bhuiyan attended the programme...

BAJUS lowers gold rates after recent surge

2026-04-07 00:00:00

The price of gold in Bangladesh has been reduced by Tk 2,158 per bhori, with the new rate for 22-carat gold set at Tk 245,819, the Bangladesh Jewellers Association (BAJUS) announced on Monday, reports UNB.Under the new rates, 21-carat gold...

Govt eyes Boeing aircraft leasing to boost Biman capacity

FE REPORT | 2026-04-07 00:00:00

The government has expressed interest in leasing aircraft from Boeing as part of efforts to expand and modernise the state-owned Biman Bangladesh Airlines.The interest was formally conveyed during a meeting between Civil Aviation and Tourism Minister Afroza Khanam and Boeing...

Shipbreaking workers to get social protection under new EIS pilot

MONIRA MUNNI | 2026-04-07 00:00:00

Workers in the country's ship-breaking industry are set to receive social protection under a new Employment Injury Scheme (EIS) pilot launched recently.Earlier, in June 2022, the EIS was introduced on a pilot basis in Bangladesh's export-oriented readymade garment industry, providing...

NASSA Mainland resumes operations tomorrow

FE REPORT | 2026-04-07 00:00:00

NASSA Mainland Garments will resume its operations tomorrow (Wednesday) and pay March wages on April 12. The decision came at an emergency meeting headed by Labour and Employment Minister Ariful Haque Choudhury at his secretariat office in the city on...

Prof Yunus accorded reception

2026-04-07 00:00:00

Grameen Bank has arranged a reception at its head office in Mirpur, Dhaka, to celebrate 50 years of the bank and 20 years of its Nobel Prize, honouring its founder and Nobel Laureate, Professor Muhammad Yunus.Former and current officials and...

Local lub blenders for raising duty on finished lubricants

FE REPORT | 2026-04-07 00:00:00

The Bangladesh Lub Blenders Association (BLBA) has requested the government to raise import duties on finished lubricants and enforce stricter valuation mechanisms in the upcoming FY27 budget, aiming to shield the domestic industry from misdeclaration and uneven competition.In a proposal...

Indian shares rise on Mideast peace hopes

2026-04-07 00:00:00

Indian shares erased early losses to end higher on Monday on hopes of easing Middle East tensions, with bank stocks leading gains after several lenders reported strong March-quarter loan growth, reports Reuters.The Nifty 50 rose 1.12 per cent to 22,968.25...

Goldman Sachs private credit fund defies redemption surge across industry

2026-04-07 00:00:00

Goldman Sachs' private credit fund said on Monday investors requested to repurchase just under 5 per cent of shares in the first quarter, staying within its cap and defying a broader rise in redemption requests across the sector, reports Reuters.Fears...

BANGLADESH KRISHI BANK OPENS SAHARBATI BAZAR SUB-BRANCH

2026-04-07 00:00:00

Bangladesh Krishi Bank opened Saharbati Bazar Sub-Branch under Gangni Branch in Meherpur on Monday with a view to strengthening rural economy. Deputy Managing Director of the bank Mohd. Khaleduzzaman formally inaugurated the sub-branch as the chief guest. Anwar Hossain, Upazila...

JANATA BANK OPENS RAMPAL TAP BIDYUT KENDRA SUB-BRANCH

2026-04-07 00:00:00

Janata Bank PLC has recently opened Rampal Tap Bidyut Kendra Sub-branch in Bagerhat. Managing Director Md Mazibur Rahman inaugurated the sub-branch as the chief guest. Managing Director of Bangladesh India Friendship Power Company Limited (BIFPCL) Ramanath Pujari, Project Director-in-Charge Abhishek...

IFIC BANK ORGANIZES RAMADAN CAMPAIGN'S RAFFLE DRAW WITH WESTERN UNION

2026-04-07 00:00:00

IFIC Bank and Western Union organised the raffle draw of the Ramadan campaign at IFIC Tower in Dhaka on Monday. Under the slogan "Send Remittance, Win Prizes!" customers who received remittances at IFIC Bank across the country through Western Union...

AB BANK SIGNS MOU WITH IRONMAN COMPANY

2026-04-07 00:00:00

AB Bank signed a memorandum of understanding (MoU) with iRONman Company to establish a strategic partnership aimed at supporting the financial requirement of listed dealers/distributors of iRONman Company under the bank's SME product "UTTARAN." Reazul Islam, acting managing director &...

BANK ASIA ACHIEVES DEPOSIT OF TK 40B IN Q1

2026-04-07 00:00:00

Bank Asia achieved a net deposit of Tk 40 billion during the first quarter (January-March) of 2026, reflecting strong customer confidence and the bank's continued commitment to sustainable growth. To celebrate this achievement, the bank organised a programme at the...

Boisabi Fest held at AUW

OUR CORRESPONDENT | 2026-04-07 00:00:00

CHATTOGRAM, Apr 06: The Asian University for Women (AUW) marked the conclusion of its 2025-2026 cohort with Boisabi Fest 2026 on Sunday, bringing together culture, dialogue and community in a vibrant celebration organised by the university's Peace Café.A key highlight...

Legal reforms imminent to support market, says finance minister

FE REPORT | 2026-04-07 00:00:00

The government is formulating three new laws and regulations aimed at protecting investors and streamlining regulatory processes.Finance Minister Amir Khosru Mahmud Chowdhury disclosed this in parliament on Monday while replying to a written question from Noakhali-5 MP Mohammad Fakhrul Islam.At...

Miracle Industries posts higher loss for Q3 despite surge in sales

FE REPORT | 2026-04-07 00:00:00

Miracle Industries Limited (MIL) reported a higher loss of Tk 35.92 million in the third quarter of FY26 compared to the same quarter of the previous year, despite a 100 per cent increase in sales.Earnings per share (EPS) for January-March...

BEXIMCO, S Alam firms among top 20 loan defaulters

FE REPORT | 2026-04-07 00:00:00

The list of the top 20 loan defaulters placed in parliament by Finance Minister Amir Khosru Mahmud Chowdhury on Monday includes listed firms BEXIMCO Ltd, Keya Cosmetics, and S. Alam Cold Rolled Steels.Financial data of the listed firms are publicly...

Oil prices fall -

2026-04-07 00:00:00

LONDON, April 6 (Reuters): Oil prices fell in choppy trade on Monday, as investors awaited clarity on the status of talks between the US and Iran and remained wary about sustained supply losses due to shipping disruptions.Brent crude futures inched...

S Korean firm to invest $24m in BEPZA Economic Zone

2026-04-07 00:00:00

South Korean company PH Creative (BD) Ltd on Monday signed a land lease agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to establish a diversified manufacturing industry in the BEPZA Economic Zone, reports UNB.The firm will invest $24.03 million...

Alcaraz ready to get his socks dirty with return to clay

2026-04-07 00:00:00

Carlos Alcaraz said he was eager to get his socks dirty on clay again as the world number one returned to his preferred surface in Monaco this week to build momentum for his French Open title defence, reports Reuters.Alcaraz won...

Kane trains with Bayern ahead of Madrid clash

2026-04-07 00:00:00

MUNICH, Germany, Apr 06 (AFP): Harry Kane took part in training with his Bayern Munich team-mates on Monday ahead of the German club's Champions League quarter-final first leg match at Real Madrid as he continues his recovery from an ankle...

Perri's penalty heroics send Leeds to semis for 1st time since 1986-87

2026-04-07 00:00:00

LONDON, Apr 06 (Reuters): Leeds United keeper Lucas Perri was their shootout hero as they edged hosts West Ham United 4-2 on penalties on Sunday to reach the FA Cup semi-finals for the first time since 1987 after surrendering a...

1st President Youth Squash 2026

2026-04-07 00:00:00

Riazul Jannat Urdho, a student of Computer Science and Engineering at Independent University, Bangladesh (IUB), who won the Under-23 Girls' Championship title at the 1st President Youth Squash 2026, poses with the medal. The tournament was organised by the Bangladesh...