Executive Director and Spokesperson for the Bangladesh Bank (BB) Arif Hossain Khan says that the government may consider compensating general investors who have been affected by the merger of five troubled Islamic banks."If small, affected investors approach the government with...
LONDON, Nov 10 (Reuters): Sweden's Inter IKEA, which supplies furniture to IKEA stores around the world, said on Friday its annual operating profit dropped 26 per cent as the impacts of US tariffs drove up costs.The IKEA brand owner said...
Amazon.com on Friday said it expanded its low-cost e-commerce service Amazon Bazaar, known as Haul in the US, to 14 additional markets, ramping up competition with Chinese rivals like Shein and PDD Holdings' Temu in the global race to sell...
LONDON, Nov 10 (Reuters): Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, the company said on Monday, a move that aligns with its current pivot away from renewables.Shell sold its 50...
LONDON, Nov 10 (Reuters): Oil prices edged higher on Monday as investors assessed a potential end to the US government shutdown and concerns around oversupply in the crude market.Brent crude futures rose 31 cents, or 0.49 per cent, to $63.94...
Delta Life Insurance Company Limited celebrated its 40th founding anniversary at the company's head office in Gulshan on Monday. The company's Board Member and Chairperson of the Executive Committee, Adeeba Rahman, inaugurated the event by cutting a cake. Deputy Managing...
Islami Bank Bangladesh PLC Rajshahi Zone launched a month-long Entrepreneurship Development Program for the country's SME entrepreneurs on Monday. The event is organized under the Skills for ''Industry Competitiveness and Innovation Program" project of the Finance Division, Ministry of Finance,...
With support from CBC, Teach For Bangladesh (TFB) is conducting a three-month Professional Development Training for 134 fellows across Dhaka, Chattogram, Rangpur, and Cox's Bazar from September to November. The sessions focus on climate education, gender equity, and digital literacy...
Citizens Bank organised a daylong training on 'CMSME Financing: Guidelines, Appraisal and Documentation' at its Training Academy recently. Md. Mostafizur Rahman, Deputy Managing Director of the bank, inaugurated the event. Masum Billah, Joint Director, SME & Special Programs Department of...
In another strong demonstration of financial reliability and customer commitment, Guardian Life Insurance Limited has disbursed Tk 3.85 billion in insurance claims by the third quarter of 2025, reaffirming its position as one of Bangladesh's most financially stable and trusted...
Muhit Rahman, a seasoned banker, joined ONE Bank PLC as its Managing Director on Sunday, says a press statement.Mr Muhit brings with him more than 30 years of experience in corporate, institutional and investment banking, having served in senior leadership...
JUBAIR HASAN | 2025-11-11 00:00:00
Amid what is arguably the most challenging period for the banking sector, Sonali Bank PLC is aiming to fully overcome its longstanding capital and provisioning shortfalls by the end of the year.Leveraging growing deposits and investment portfolios despite ongoing economic...
FE REPORT | 2025-11-11 00:00:00
Economists and experts have stressed that Bangladesh's upcoming graduation from the Least Developed Country (LDC) status in 2026 requires urgent and comprehensive preparation, bold policy reforms, and effective coordination among stakeholders to ensure a smooth transition.They also warned that both...
NELSON, New Zealand, Nov 10 (AFP): The fourth Twenty20 international between New Zealand and the West Indies was abandoned because of rain on Monday after less than seven overs of play.New Zealand remain 2-1 up in the series with the...
Faruque Ahmed, former national captain and current Bangladesh Cricket Board's vice-president, has been admitted to a Dhaka hospital on Sunday following a cardiac arrest, reports Cricbuzz.BCB officials told the online sports portal that Faruque experienced severe chest pain around noon...
BARCELONA, Nov 10 (Agencies): Argentina and Barcelona legend Lionel Messi said on Monday he had visited the renovated Camp Nou and hoped for a return one day to say his "goodbye".Messi, 38, left the Catalan club in 2021 for Paris...
The Bangladesh Cricket Board (BCB) has said it will not take any decision based on speculation or emotion over the sexual harassment allegations made by former national cricketer Jahanara Alam, reports UNB.The board insisted that only a full and independent...
Bangladesh Test captain Najmul Hossain Shanto said he is returning to leadership with "clarity and full independence" as Bangladesh prepare to face Ireland in Sylhet today (Tuesday), reports UNB.Bangladesh played their last match five months ago against Sri Lanka in...
Bangladesh have completed 25 years in Test cricket on Monday with highs and lows. The Test numbers though showed a grim picture, reports BSS.In these 25 years, Bangladesh played 154 Tests, winning just 23, three of them by an innings...
BEIJING, Nov 10 (AFP): China said Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's pause on levies targeting Chinese ships, as a fragile trade truce between the superpowers continues to take shape.The...
The application fee for admission to all cadet colleges in the country can be paid through Nagad, the digital financial service arm of the Bangladesh Postal Department. As in previous years, no additional charges will apply, says a press statement.There...
The 17th review meeting between the Board of Directors and Senior Management Team (SMT) of Sonali Bank PLC was held at the bank's head office conference room on Monday, with the Board Chairman, Mohammad Muslim Chowdhury, in the chair. SMT...
Energypac, a leading power engineering company, has been honoured with the Loyalty Award at the 2025 HELI Global Distributor Conference in recognition of its 20-year partnership in distributing HELI forklifts and material handling product across the country.The award was presented...
Yamaha and ACI Motors marked their 9th year of collaboration with a spectacular celebration, hosting the 'Yamaha Bike Carnival' at the Bangladesh-China Friendship Exhibition Centre in Dhaka on Saturday.Thousands of bikers and members of Yamaha Riders Club (YRC) from different...
Asian Development Bank (ADB) has reaffirmed its commitment to deepening cooperation with BIMSTEC and exploring new avenues of collaboration, underscoring the Bank's strong emphasis on partnerships with regional organisations like BIMSTEC, reports BSS.The assurance was made when BIMSTEC Secretary General...
FE REPORT | 2025-11-11 00:00:00
Denmark has launched new partnership to strengthen human rights, trauma-informed mental health, and media freedom in Bangladesh.In this connection, it has announced its support of DKK 25 million for a consortium of Danish organisations namely DIGNITY, IMS (International Media Support),...
COPENHAGEN, Nov 10 (Reuters): Norway's sovereign wealth fund said on Monday it will abstain from voting on Novo Nordisk's board chair or other nominees at the obesity drugmaker's extraordinary shareholder meeting this week, adding to pressure over governance at the...
City Bank and UNICEF recently announced a new partnership to equip marginalised adolescents and young people, particularly girls, with green and entrepreneurship skills under a pilot project, Skills4Youth. The partnership was formalised at a recent signing ceremony in the capital.
BRAC Bank has entered into a partnership with Asia Coatings Pvt. Ltd. to offer advanced transaction banking solutions, including efficient receivable management. Through this collaboration, Asia Coatings will leverage BRAC Bank's agent banking and digital banking solutions. The system will...
FE REPORT | 2025-11-11 00:00:00
Listed life-saving injectable producer Orion Infusion has planned to invest another Tk 205 million from its own funds to increase the production capacity of IV fluids by 30 per cent.According to a disclosure on Monday, the company's revenue will go...
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