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BB buys $54m more to stabilise taka

FE REPORT | 2026-06-02 00:00:00

The Bangladesh Bank (BB) purchased $54 million more from four banks on the interbank spot market on Monday, aiming to keep the exchange rate of the US dollar against the local currency stable.The amount was bought through auction from the...

BD moves out of world’s top 10 worst nations

MONIRA MUNNI | 2026-06-02 00:00:00

Bangladesh, for the first time this year after nine consecutive years since 2017, has been dropped from the list of the world's top 10 worst countries for workers' rights, according to a global survey.The Global Rights Index 2026, released by...

REER rise signals weaker trade competitiveness

JASIM UDDIN HAROON | 2026-06-02 00:00:00

Bangladesh's trade competitiveness weakened slightly as the Real Effective Exchange Rate (REER) index edged higher in April, reflecting persistent inflationary pressures and an overvalued taka relative to the currencies of the country's major trading partners.The REER stood at 102.44 in...

Prayer Timings _2026-06-02

2026-06-02 00:00:00

Tk 594.5b sought as subsidy for power sector in new budget

REZAUL KARIM | 2026-06-02 00:00:00

The Power Division has sought a huge sum of Tk 594.5 billion as subsidy in the new budget on account of power purchase from private-sector plants and power import. Officials say the Power Division has sought the fund allocation for...

Dipen Dewan resigns from cabinet

2026-06-02 00:00:00

Three months after his appointment to the BNP government's Cabinet, Minister for Chittagong Hill Tracts Affairs Dipan Dewan has resigned.Dipan, who was elected member of parliament from Rangamati in the 13th parliamentary election on the BNP ticket, cited health complications...

Veteran AL leader Tofail Ahmed dies

2026-06-02 00:00:00

Veteran Awami League leader Tofail Ahmed passed away at a hospital in the capital on Monday. He was 82, reports UNB.Tofail Ahmed, a key figure in Bangladesh's Liberation War and the 1969 mass uprising, breathed his last around 4 pm...

Islami Bank board meeting stalls at daytime, held at night

FE REPORT | 2026-06-02 00:00:00

After hours of disruptive demonstrations outside, a much-talked-about board meeting of Islami Bank Bangladesh PLC stalled at daytime and completed virtually on Monday night with its new Chairman Md. Khurshid Alam presiding, sources said.The meeting was supposed to take place...

BD won't accept any push-in from India

FE REPORT | 2026-06-02 00:00:00

Bangladesh has taken a firm stance against alleged attempts by the Indian border forces to push people from across the frontier, with State Minister for Foreign Affairs Shama Obaed saying on Monday that the country's border guards would continue to...

May fetches $3.42b in remittance

FE REPORT | 2026-06-02 00:00:00

Bangladesh sees inward remittance on the up and up with an over 15-percent annualised growth to US$3.42 billion in May as expatriates continue funneling higher forex into the country.With the latest monthly inflow, the economy of over $460 billion enjoyed...

Stalled MRT projects bag big Tk 126.49b funds to restart

FHM HUMAYAN KABIR | 2026-06-02 00:00:00

Stalled mass rapid transit (MRT) projects receive a substantial sum of Tk 126.49 billion in ADP allocations for the upcoming fiscal year as the government vows to construct three Dhaka metro-rail lines after prolonged dilemmas, officials say.The long-stalled MRT-1 and...

NEWS IN BRIEF_2026-06-02

2026-06-02 00:00:00

ICC delegation arrives in Bangladeshahead of crucial BCB electionsA two-member International Cricket Council (ICC) delegation arrived in Dhaka on Monday (June 1) for meetings with the different stakeholders of Bangladesh Cricket Board ahead of the upcoming election, scheduled on June...

Sooryavanshi sweeps IPL awards

2026-06-02 00:00:00

AHMEDABAD, India, June 1 (AFP): Vaibhav Sooryavanshi swept the end-of-season IPL awards and in doing so won an SUV -- but the 15-year-old cricket prodigy will have to wait three years to drive it.The Indian batting sensation plundered 776 runs...

Walton Smart Fridge DPL resumes today

2026-06-02 00:00:00

The Walton Smart Fridge Dhaka Premier League (DPL) is set to resume in full swing following the Eid-ul-Azha break, with all 12 clubs returning to action in the next round of matches from today (Tuesday).Adding extra excitement to the competition,...

India finish top as Bangladesh line up for Nepal showdown

2026-06-02 00:00:00

Defensive errors proved costly as five-time champions India sealed top spot with a commanding win, ending Bangladesh's seven-year unbeaten streak, reports bdnews24.com.Bangladesh's unbeaten march in the SAFF Women's Championship came to a halt as India returned to winning ways with...

We're hoping to have our best T20 WC campaign, says Joty

2026-06-02 00:00:00

Bangladesh captain Nigar Sultana Joty believes that her side is boasted with all ingredients to compete with the world's best teams at the upcoming ICC Women's T20 World Cup, as she prepares to lead the team in the showcase event...

Neymar aims for final bow as Brazil put faith in stricken talisman

2026-06-02 00:00:00

For Neymar, the World Cup would be less like a new beginning and more of a curtain call - one last spin on soccer's grandest stage after a career of soaring brilliance and stubborn setbacks, reports Reuters.Now 34, Brazil's all-time...

Kohli fulfils dream with title-winning stroke as Bengaluru retain IPL title

2026-06-02 00:00:00

AHMEDABAD, June 1 (Reuters): Virat Kohli fulfilled a long-held dream after he lofted the ball for a six to seal a memorable victory as Royal Challengers Bengaluru retained their Indian Premier League title on Sunday.Kohli cut a composed figure after...

Nvidia launches new chip to bring AI directly to PCs

2026-06-02 00:00:00

TAIPEI, June 1 (Reuters): Nvidia on Monday unveiled a new chip that puts artificial intelligence capabilities directly into laptops and desktop computers, pitting it against the likes of Advanced Micro Devices, Intel and Apple.CEO Jensen Huang, who is in Taiwan...

United Finance signs agreement with JCX Developments Limited

2026-06-02 00:00:00

United Finance PLC has signed an agreement with JCX Developments Limited at its head office to offer tailored home loan solutions for customers purchasing property from JCX. The agreement was signed by Mohammed Abul Ahsan, acting Managing Director, United Finance,...

Midland Bank signs MoU with Concord Diagnostics & Molecular Lab

2026-06-02 00:00:00

Midland Bank PLC has recently signed a Memorandum of Understanding (MoU) with Concord Diagnostics & Molecular Lab BD Ltd and EW Villa Medica Bangladesh at the bank's head office. This partnership aims to provide exclusive healthcare and diagnostic service benefits...

Nagad sets new record with highest transactions in May

2026-06-02 00:00:00

Nagad, the mobile financial service of the Bangladesh Post Office, shattered multiple transaction records in the recently concluded month of May, says a press release.Alongside achieving the highest-ever monthly transactions in its history, the MFS platform also broke its single-day...

Loss of Boro paddy in flash floods has reduced supply

SULTANUL ISLAM | 2026-06-02 00:00:00

Early rainfall in March flooded paddy fields in the haor (wetland) region and damaged Boro crops days before harvesting. Most farmers in Kishoreganj haor areas have lost more than half of their expected Boro paddy. Much of the paddy they...

Trade through Benapole port resumes after Eid holiday

2026-06-02 00:00:00

BENAPOLE, June 1 (UNB): Trade between Bangladesh and India through Benapole land port resumed on Monday following a seven-day suspension during the Eid holidays.Benapole Port Director Shamim Hossain said with the holiday now over, bilateral trade through the land port...

Officials and employees exchange greetings

2026-06-02 00:00:00

Officials and employees exchange greetings as government offices reopen on Monday following the Eid vacation. The photo was taken at the Secretariat. — Focus Bangla

2,500 entrepreneurs get empowered a yr

2026-06-02 00:00:00

The Small and Medium Enterprise Foundation (SME) is helping around 2,500 grassroots entrepreneurs every year overcome financial and operational challenges through its Financial Literacy Programme, enabling them to access bank loans, improve business management, and expand their enterprises, reports BSS.The...

Leather traders limping along

NAZIMUDDIN SHYAMOL | 2026-06-02 00:00:00

CHATTOGRAM, June 01: The tannery industry in the port city is steadily declining, as most tanneries have shut down due to a lack of government support and obstacles created by various agencies, including the Department of Environment (DoE).There were around...

Crypto exchange Binance rolls out trading in US stocks, ETFs

2026-06-02 00:00:00

Crypto exchange Binance said on Monday it has launched stock and exchange-traded fund trading for customers on its platform, expanding beyond digital assets into traditional financial markets, reports Reuters.Here are some details of the announcement:Binance said users will have access...

Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives

2026-06-02 00:00:00

SEOUL, June 1 (Reuters): Shares in Samsung Electronics, LG Electronics and other South Korean tech firms rallied on Monday, as expected meetings between Nvidia CEO Jensen Huang and Korean executives boosted hopes of tie-ups in AI and robotics.Chipmaker Samsung Electronics...

Euro zone bond yields rise amid caution over potential US-Iran deal

2026-06-02 00:00:00

Euro area government bond yields rose on Monday as investors stayed wary of a potential US-Iran deal to reopen the Strait of Hormuz, a development that could ease inflation pressures and reduce expectations for European Central Bank tightening, reports Reuters.Borrowing...