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MODHUMOTI BANK OPENS 2 BRANCHES

2025-11-04 00:00:00

To bring more people within the coverage of financial services, Modhumoti Bank inaugurated its relocated Gopalganj branch and the new Gopalganj Eye Hospital sub-branch under the control of Gopalganj branch on Monday. The relocated branch is situated at Harun Tower...

UCB OPENS 232ND BRANCH IN HAJIGANJ

2025-11-04 00:00:00

With a commitment to providing the best and most modern banking services, United Commercial Bank (UCB) inaugurated its 232nd branch in Hajiganj, Chandpur on Monday. Mohammad Mamdudur Rashid, UCB managing director and CEO, officially inaugurated the new branch at a...

MTB FOUNDATION HONOURS MILESTONE TRAGEDY VICTIMS

2025-11-04 00:00:00

MTB Foundation recently presented its 15th bravery and courage award to Maherin Chowdhury, Mashuka Begum, Mahfuza Khatun and Masuma Begum, who sacrificed their lives trying to save students from a fire as a result of a fighter jet crash at...

Independent evaluation highlights ADB's trade finance achievements

2025-11-04 00:00:00

A new evaluation by the Asian Development Bank's (ADB) Independent Evaluation Department (IED) finds that ADB's Trade and Supply Chain Finance Program has played a pivotal role in bridging trade finance gaps across developing Asia and the Pacific, particularly during...

Enamul Haque elected BAJUS president

FE REPORT | 2025-11-04 00:00:00

Enamul Haque Khan, proprietor of Diamond & Divas, has been elected unopposed as the president of the Bangladesh Jewellers' Association (BAJUS), the apex trade body of jewellers, for the 2nd consecutive time for the 2025-2027 term. The election results were...

Another shipment of 60,000 tonnes of US wheat arrives

2025-11-04 00:00:00

Another consignment of over 60,000 tonnes of wheat from the United States has arrived at the Chittagong Port, reports UNB.A vessel named 'MV Spar Aries' carrying 60,802 tonnes of wheat docked at the outer anchorage of the country's premier seaport...

Bay Terminal to start operations by 2030

2025-11-04 00:00:00

CHATTOGRAM, Nov 03 (BSS): Chattogram Port Authority (CPA) Chairman Rear Admiral SM Moniruzzaman said CPA has a target to put Bay Terminal's 'Terminal-1' into operation by 2030. "Achieving this target is feasible if the authorities concerned can start construction on...

Stocks tumble shrugging off strong earnings

FE REPORT | 2025-11-04 00:00:00

The benchmark index of the Dhaka Stock Exchange (DSE) plummeted to a two-week low on Monday as investor pessimism deepened amid lingering political uncertainties surrounding the forthcoming national election.Well-performing blue-chip stocks, including Square Pharma, BRAC Bank, Robi Axiata, Unilever Consumer...

Revised IPO rules carve out separate quotas for mutual funds, wealthy investors

MOHAMMAD MUFAZZAL | 2025-11-04 00:00:00

The securities regulator has revised the IPO (initial public offering) quota, separating mutual funds from the category of eligible investors and high-net-worth individuals from that of general investors.The revised public issue rules, which will introduce the reclassification of investor categories,...

Spanish black olive exporters urge EU to hit back on US tariffs

2025-11-04 00:00:00

MADRID, Nov 3 (Reuters): Spanish black olive exporters have called on the EU to hit back at steep tariffs imposed under US President Donald Trump, using powers authorised last week by the World Trade Organization.On Wednesday, a WTO arbitrator issued...

Ryanair raises prospect of more than recovering FY fare decline

2025-11-04 00:00:00

DUBLIN, Nov 3 (Reuters): Ryanair raised the prospect of more than recovering last year's 7 per cent fare decline after reporting a rise in six-month net profit and nudging up its passenger traffic forecast thanks to earlier-than-expected Boeing deliveries.After the...

China warns of growing foreign espionage in seed, grain sector

2025-11-04 00:00:00

BEIJING, Nov 3 (Reuters): China's Ministry of State Security on Monday warned that foreign intelligence agencies are stepping up efforts to "illegally obtain" genetic data and seed resources from the country's grain sector, calling the activity a threat to national...

US could hike tariffs if China backtracks on rare earths, says Bessent

2025-11-04 00:00:00

NEW YORK, Nov 3 (AFP): US President Donald Trump's administration is prepared to raise tariffs on China if Beijing continues blocking rare earth exports, Treasury Secretary Scott Bessent warned Sunday.China announced Thursday it would suspend for one year the restrictions...

BP to sell stakes in US onshore pipeline assets for $1.5b

2025-11-04 00:00:00

BP has agreed to sell minority stakes in some of its US onshore pipeline assets in the Permian and Eagle Ford basins to investment firm Sixth Street for $1.5 billion, it said on Monday, reports Reuters.The sale is part of...

Gold steadies as investors await US private payroll data

2025-11-04 00:00:00

Gold prices held steady on Monday as the dollar hovered near a three-month high while traders awaited US private payroll data for further cues on the Federal Reserve's monetary policy outlook, reports Reuters.Spot gold was up 0.1 per cent at...

Oil prices steady despite OPEC+ plans to pause output increases

2025-11-04 00:00:00

LONDON, Nov 3 (Reuters): Oil prices were little changed despite news that OPEC+ plans to end its supply increases, with the market weighed down by fears of an oil supply glut and weak factory data in Asia.Brent crude futures were...

Bengal Commercial Bank opens Barishal branch

2025-11-04 00:00:00

Bengal Commercial Bank has started banking operations in Barisal with reliable and modern banking services. The bank's 33rd branch has been inaugurated at Fatima Center in the Bibi Pukur Par area of the city. Md. Jashim Uddin, Chairman of the...

Dhaka Bank signs participation agreement with BB under FICGS

2025-11-04 00:00:00

Dhaka Bank PLC has signed a participation agreement with Bangladesh Bank under the Financial Inclusion Credit Guarantee Scheme (FICGS). The agreement aims to extend credit facilities to Tk 10/50/100 account holders, marginal and landless farmers, low-income professionals, school banking account...

AB Bank inaugurates collection booth at Mirpur BCIC College

2025-11-04 00:00:00

AB Bank PLC has inaugurated a dedicated collection booth at Mirpur BCIC College to provide comprehensive and modern banking services. The booth will facilitate all types of financial collections for the college and offer payroll services to its teachers and...

Bangladesh Bank, Jamuna Bank host Entrepreneurship Development Program

2025-11-04 00:00:00

A month-long Entrepreneurship Development Program has been inaugurated in Jhenaidah recently jointly organised by Bangladesh Bank and Jamuna Bank PLC under the slogan "Udyokta Hobo, Desh Gorbo".The programme has been launched under the "Skills for Industry Competitiveness and Innovation (SICIP)"...

Green diesel, aviation fuel to be produced from wastes in Ctg

FE REPORT | 2025-11-04 00:00:00

US-based Bringia Energy Global LLC (BEG) and Canada-based Disruptive Hydrogen Technology (DHT) have inked a memorandum of understanding (MoU) with Chattogram City Corporation (CCC) to produce green diesel and sustainable aviation fuel utilising wastes in Chattogram. Under the terms of...

Proper disaster preparedness could cut industrial losses

FE REPORT | 2025-11-04 00:00:00

A three-day training programme aiming to ensure continued industrial production and minimise losses during disasters kicked off at the Mongla Export Processing Zone (EPZ) in Khulna on Monday. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the...

Govt releases Tk 5b in cash incentives for exporters-

FE REPORT | 2025-11-04 00:00:00

The government has released Tk 5 billion in cash incentives to support the country's exporters. This is the second tranche of the first installment for the 2025-26 fiscal year.Earlier, Tk 10 billion was provided as the first tranche of the...

Pentagon chief visits Korean border, first in 8 years

2025-11-04 00:00:00

SEOUL, Nov 03 (AFP): Pentagon chief Pete Hegseth travelled to the border between North and South Korea on Monday, the first time in eight years that a US defence secretary has made such a visit.South Korean Defence Minister Ahn Gyu-back...

US help against insurgents must respect its sovereignty, says Nigeria

2025-11-04 00:00:00

ABUJA, Nov 03 (Reuters): Nigeria said on Sunday it would welcome U.S. help in fighting Islamist insurgents as long as its territorial integrity is respected, responding to threats of military action by President Donald Trump over what he said was...

S’pore to turn Lee’s home into monument

2025-11-04 00:00:00

SINGAPORE, Nov 03 (AFP): Singapore hopes to turn the site of the former home of founding father Lee Kuan Yew into a national monument, officials said on Monday following a long-running row between his children over the fate of the...

Hamas 'determined' to stick to Gaza truce: Erdogan

2025-11-04 00:00:00

ISTANBUL, Nov 03 (AFP/BBC): Hamas is "determined" to stick to the Gaza truce, Turkish President Recep Tayyip Erodgan said Monday, adding it was crucial that Muslim nations play a leading role in the Palestinian territory's reconstruction."It seems that Hamas is...

At least 20 killed in India crash

2025-11-04 00:00:00

HYDERABAD, Nov 03 (AP): A truck loaded with concrete stone chips rammed into a passenger bus in southern India early Monday, killing at least 20 people and injuring about two dozens, local authorities said.The state-run transport bus was carrying around...

Trump doubts US will go to war with Venezuela

2025-11-04 00:00:00

WASHINGTON, Nov 03 (BBC): Donald Trump has played down the possibility of a US war with Venezuela, but suggested Nicolás Maduro's days as the country's president were numbered.Asked if the US was going to war against Venezuela, the US president...

Russia, China have secretly tested N weapons

2025-11-04 00:00:00

WASHINGTON, Nov 03 (AFP): President Donald Trump alleged Sunday that countries including Russia and China have conducted underground nuclear tests unknown to the public, and that the United States would follow suit."Russia's testing, and China's testing, but they don't talk...