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IFIC Bank’s ex-MD fined Tk 50m for misleading bond promotion

FE REPORT | 2025-11-05 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) has slapped ex-managing director of IFIC Bank with a fine of Tk 50 million for deceptive promotion of a zero-coupon bond.According to a press release issued after the commission's meeting on Tuesday, the...

DSE to elect two shareholder directors on December 15

FE REPORT | 2025-11-05 00:00:00

The Dhaka Stock Exchange (DSE) will hold an election for the posts of two shareholder-directors on December 15, as the three-year tenure of the existing board members will expire this year in line with the demutualisation scheme.This year, Md. Shakil...

Bengal Islami Life congratulates its Sponsor Director

2025-11-05 00:00:00

Bengal Islami Life Insurance Limited has congratulated its Sponsor Director, Md. Iqbal Hossain Chowdhury, Managing Director of JCX Development Limited and Director of Bengal Commercial Bank, on his election as Vice President of the Bangladesh Jewellers Association (BAJUS) for the...

Javed Karim takes over as LGED chief engineer

2025-11-05 00:00:00

Javed Karim has officially taken over as chief engineer (Routine Duties) of the Local Government Engineering Department (LGED).Mr Karim took charge on Monday following the issuance of government notification by the Development-1 Branch of the Local Government Division under the...

Long-term planning, management major hurdles

FE REPORT | 2025-11-05 00:00:00

Bangladesh Energy Regulatory Commission (BERC) Chairman Jalal Ahmed says Bangladesh holds significant potential to expand renewable energy generation, particularly in the coastal region, but faces challenges in management and long-term planning.Addressing these issues, he said, was the key to ensuring...

ICMAB launches startup incubation centre to foster entrepreneurship

2025-11-05 00:00:00

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) has officially opened the ICMAB Startup Incubation Centre (ISIC), a pioneering initiative designed to cultivate a dynamic ecosystem of innovation and entrepreneurship. Shish Haider Chowdhury, Secretary of the ICT Division,...

Anlima Yarn faces survival threat as liabilities soar, auditor cautions

FE REPORT | 2025-11-05 00:00:00

Anlima Yarn Dyeing Ltd. is at risk of going out of business, warned its auditor.Its liabilities are double the value of its assets that can be converted into cash within a year to clear the obligations due within the same...

Rising costs, weak demand drag down SME earnings in FY25

BABUL BARMAN | 2025-11-05 00:00:00

Most of the listed small and medium enterprises (SMEs) witnessed a year-on-year decline in profit in FY25, driven by higher business costs amidmacroeconomic challenges.According to market analysts, overall economic activities remained subdued after the political shift last year that squeezed...

Submit promotion applications of 'Tax Inspector' by Nov 10: NBR

2025-11-05 00:00:00

The National Board of Revenue (NBR) has asked to submit promotion applications for "Tax Inspector" posts from the qualified candidates by November 10, reports BSS.A letter, signed by NBR Second Secretary Nurunnahar Sifa, confirmed on Tuesday.Instructions have been given to...

Biggest emitter, record renewables: China's climate scorecard

2025-11-05 00:00:00

BANGKOK, Nov 4 (AFP): China is the world's biggest emitter of planet-warning greenhouse gases but is also installing more renewable energy sources and putting more electric vehicles on its roads than any other country.Ahead of the COP30 climate talks in...

ONE Bank arranges training on prevention of money laundering

2025-11-05 00:00:00

ONE Bank organised a daylong training on "Prevention of Money Laundering & Combating Financing of Terrorism" for the executives & officers of branches & sub-branches of Rajshahi Zone at a hotel in bogura recently. Md. Shakhawat Hossain, Executive Director, Bangladesh...

Shahjalal Islami Bank provides Tk 1m to Rahima & Arifa Khatun Mohila Madrasha

2025-11-05 00:00:00

As part of Corporate Social Responsibility (CSR) Programme, Shahjalal Islami Bank PLC has provided financial assistance of Tk 1 million for the construction of a fifth-floor building of Rahima & Arifa Khatun Mohila Madrasha & Orphanage at Chakpanchpara area under...

Probe report in BB reserve heist case Dec 8

2025-11-05 00:00:00

A Dhaka court on Tuesday set December 8 to submit a probe report in the case lodged over Bangladesh Bank reserve heist, reports BSS.Dhaka Additional Chief Metropolitan Magistrate Zakir Hossain set the new date as the investigation agency Criminal Investigation...

Bangladesh, Japan hold human resource seminar in Tokyo

2025-11-05 00:00:00

Tokyo, Nov 4 (UNB) - A seminar on human resources between Bangladesh and Japan was held in Tokyo on Monday when 13 memorandums of understanding (MoUs) and agreements were signed between Bangladeshi manpower sending agencies and Japanese recruitment firms.Bangladesh Embassy...

Bangladesh eyes greater Filipino investment

2025-11-05 00:00:00

Bangladesh has underscored prospects for greater Filipino investment in emerging sectors and reiterated its aspiration to become a Sectoral Dialogue Partner of ASEAN during the 3rd Bangladesh-Philippines Foreign Policy Consultations (FPC) held in Manila on Monday, reports BSS.The consultations, held...

Govt raises BKB's capital base to Tk 15.5b to bolster its balance sheet

REZAUL KARIM | 2025-11-05 00:00:00

The government has increased the paid-up capital of the state-owned Bangladesh Krishi Bank (BKB) to Tk 15.5 billion to strengthen the bank's balance sheet.The increase was materialised through conversion of the previously reserved recapitalization worth Tk 6.50-billion into permanent paid-up...

Three books that make English simple, smart, and practical

2025-11-05 00:00:00

Once feared as a difficult subject, English is now being embraced as a skill of empowerment. Khan, a seasoned teacher and English news presenter for Bangladesh Television and Betar, has translated his decades of experience into these three accessible and...

On pre-approval regulations for high-value LCs

Md Saidul Islam | 2025-11-05 00:00:00

With the holy month of Ramadan coming closer, there is a growing need to import essential commodities. In the wake of the previous Ramadan, in January 2025, Bangladesh had imported US$1 billion worth of dates, sugar, wheat, lentils, onions, chickpeas,...

Be a job creator, not job seeker

2025-11-05 00:00:00

Each year, thousands of graduates enter Bangladesh's job market with hopes of securing stable employment only to face limited opportunities and increasing competition. This growing mismatch between education outcomes and labour market realities underscores the need for a paradigm shift...

Banks’ investment in Govt. securities

2025-11-05 00:00:00

Despite the sluggish performance of the industrial sector, the overall profitability of Bangladesh's banking industry has surged in 2025. Most banks have shifted their focus from industrial lending to investments in government securities such as treasury bills and bonds. This...

Is restoration of Dhaka's rivers elusive?

Wasi Ahmed | 2025-11-05 00:00:00

While rivers across Bangladesh face grave vulnerabilities-encroachment, pollution, siltation, and declining navigability-the situation is particularly dire for the rivers surrounding Dhaka. A couple of them are practically lifeless, having lost their channels altogether. Despite repeated calls for their preservation and...

Go ahead to transport master plan

2025-11-05 00:00:00

To say that the communication system of Bangladesh is in a chaotic state is to say the least. One need not be an expert to reach such a conclusion. In fact, it is obvious to anyone commuting within the city...

Mahmudul Hasan returns for Ireland Tests

2025-11-05 00:00:00

Opener Mahmudul Hasan has returned to the Bangladesh Test squad for the upcoming series at home against Ireland. This will be Bangladesh's first Test assignment following their recent captaincy saga that eventually concluded with Najmul Hossain opting to continue as...

Mushfiqur hits ton as all three matches end in a draw in NCL

2025-11-05 00:00:00

Mushfiqur Rahim hit a century to highlight the second round of the 27th National Cricket League (NCL) which saw three matches ended in a draw and one match produced a result, reports BSS.Rajshahi beat Khulna by seven wickets inside three...

24th Asian Archery Championship to begin on November 8

2025-11-05 00:00:00

Teer 24th Asian Archery Championship will begin from November 08 (Saturday) in the capital, reports BSS.The week-long meet will be held at two separate venues-- National Stadium and Bangladesh Army Stadium-- from November 08-14.A total of 209 archers-- 109 of...

Ashraful appointed as Tigers' batting coach

2025-11-05 00:00:00

Former Bangladesh player Mohammad Ashraful has been appointed as the national batting coach ahead of the upcoming home series against Ireland while former spinner and current BCB director Abdur Razzak will serve as team director, report agencies.The Bangladesh Cricket Board...

Thrust on making village courts effective in rural areas

2025-11-05 00:00:00

RAJSHAHI, Nov 04 (BSS): Speakers at a training session here on Tuesday underscored the need for making village courts more effective in rural areas to resolve the small issues of dispute to build a peaceful society. Integrated efforts of all...

Vegetable farming on floating farm beds lucrative for Gopalganj farmers

OUR CORRESPONDENT | 2025-11-05 00:00:00

GOPALGANJ, Nov 04: Vegetable cultivation on floating farm beds has been a source of additional and lucrative income for farmers in Gopalganj and this year about 1,650 of them are expecting high prices from the crops produced using this farming...

Manikganj District Public Library wrestling with multiple problems

OUR CORRESPONDENT | 2025-11-05 00:00:00

MANIKGANJ, Nov 04: The Manikganj District Public Library is grappling with numerous challenges, including infrastructure decay, manpower shortage, and a poor location; all of which are seriously hampering its operation. Despite housing more than 38,000 books, the library continues to...

US becomes first country to export 10 million tonnes of LNG in single month

2025-11-05 00:00:00

HOUSTON, Nov 4 (Reuters): The US has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG.The US exported a record 10.1 mmt...