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LGED keen to support controversial 'MPs' projects' of past regime

JAHIDUL ISLAM | 2025-10-23 00:00:00

A much-debated project distributing development works for Members of Parliament (MPs) during the deposed Awami League regime makes a comeback with cost and time escalations despite being earlier forsaken by the current interim government, sources say. The Local Government Division...

New bulk carrier ship joins BSC fleet today

2025-10-23 00:00:00

CHATTOGRAM, Oct 22 (BSS): A new bulk carrier ship, 'MB Banglar Pragati,' will formally join the fleet of the state-owned Bangladesh Shipping Corporation (BSC) tomorrow. This addition is expected to increase its goods transport capacity by sea and boost revenue...

Takaful Islami Insurance holds board meeting

2025-10-23 00:00:00

The 147th meeting of the Board of Directors of Takaful Islami Insurance PLC was held at Dhanmondi in Dhaka on Tuesday. Chairman of the company Tahmina Afroz presided over the meeting which was attended by members of the Board, and...

PRIME BANK, GREEN UNIVERSITY HOST YOUTH EMPOWERMENT SEMINAR

2025-10-23 00:00:00

Prime Bank, in collaboration with Green University of Bangladesh (GUB), organised a seminar titled "Financial Inclusion: Engaging & Inspiring Youth in Banking" under its flagship PrimeAcademia initiative. The event was graced by Prof. Dr. Mohammad Shorif Uddin, vice chancellor, GUB,...

BRAC BANK HOSTS AGENT MEET 2025 FOR DHAKA

2025-10-23 00:00:00

BRAC Bank has organised Agent Meet 2025 for Dhaka region, bringing together the bank's esteemed agents from 116 agent banking outlets in Dhaka, Narayanganj and Gazipur. The event took place in Cox's Bazar on October 10. It was attended by...

News portals warned against unsafe ads

FE REPORT | 2025-10-23 00:00:00

The government has warned that news portals will be shut down without prior notice, if they continue to publish gambling or other unsafe advertisements.Faiz Ahmad Taiyeb, special assistant to the Chief Adviser for Posts, Telecommunications and ICT, said authorities already...

BD a key partner in Bay of Bengal, wider Indo-Pacific: EU

2025-10-23 00:00:00

The European Union (EU) has said Bangladesh is a 'key partner' for the European Union in the Bay of Bengal and wider Indo-Pacific.The Council of the EU underlined that the EU and the Indo-Pacific face increasingly complex security challenges, reports...

Walton's smart inverter chillers being used at Mount Elizabeth Hospital

2025-10-23 00:00:00

Global electronics giant and Bangladesh's superbrand Walton's air-cooled chiller ACs enriched with smart inverter technology are being used at Singapore's two renowned hospitals- Mount Elizabeth Hospital and General Hospital.Authorities concerned said that this move is not only a great news...

10 Minute School and bKash launch free course on everyday finance

2025-10-23 00:00:00

To help people learn about daily transactions, income-expense planning, savings, loans, investments, insurance, and managing emergency funds, online learning platform 10 Minute School and the country's largest mobile financial service provider bKash have launched a free special course. Designed to...

Govt nod for refined fuel import, direct e-passport material purchase

2025-10-23 00:00:00

The Advisers Council Committee on Economic Affairs on Wednesday recommended two major proposals for policy approval, including the import of refined fuel oil through a government-to-government (G2G) arrangement for 2026 and the direct procurement of e-passport materials.The meeting of the...

Regulators discover Pacific Denims shut

FE REPORT | 2025-10-23 00:00:00

An inspection team of the Dhaka Stock Exchange (DSE) found Pacific Denims' factory shut during a visit on Wednesday.In a stock exchange filing, the premier bourse informed that a team had gone to Gazaria in Munshiganj, where the company's factory...

Khan Brothers sees profit escalate 27-fold on strategic shift

FE REPORT | 2025-10-23 00:00:00

Khan Brothers PP Woven Bag Industries reported a more than 27-fold jump year-on-year in profit to Tk 27.48 million in FY25, a feat attained through what the company claims is a strategic shift in business policy. The woven bag manufacturer...

Square Pharma posts record profit on higher sales, to pay highest-ever dividends

FE REPORT | 2025-10-23 00:00:00

Square Pharmaceuticals has posted a record annual profit of Tk 23.97 billion in FY25, driven by higher sales and substantial earnings from subsidiaries.The country's largest drug manufacturer, and a flagship company of Square Group, registered a 14.5 per cent year-on-year...

400th Board Meeting of Shahjalal Islami Bank held

2025-10-23 00:00:00

The 400th meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at Corporate Head Office of the bank on Wednesday. The meeting was presided over by the bank's Chairman A. K. Azad. The Board of Directors...

Pacific Group to reopen 8 factories in CEPZ today

2025-10-23 00:00:00

CHATTOGRAM, Oct 22 (BSS): Pacific Group is set to reopen its eight garment factories in the Chattogram Export Processing Zone (CEPZ) today (Thursday) following an improvement in the situation after recent worker unrest.The factories were shut down indefinitely on October...

St. Martin's to open for 3 months with strict rules

FE REPORT | 2025-10-23 00:00:00

The government has issued a new set of directives for visiting the country's top tourist destination, Saint Martin's Island, in order to protect the ecosystem and biodiversity of the island.The new circular imposes strict regulations on travel schedules and the...

Dhaka Customs to remain open 24/7 on Oct 25-26

FE REPORT | 2025-10-23 00:00:00

In a move to mitigate the disruption caused by the recent fire at the Cargo Village of Hazrat Shahjalal International Airport (HSIA), the authorities have announced that Dhaka Customs House will remain operational 24/7 on Friday and Saturday (October 25-26).An...

Bengal Commercial Bank hosts closing ceremony for 'Entrepreneurship Development Program'

2025-10-23 00:00:00

Bengal Commercial Bank organised the Certificate Awarding Ceremony marking the end of the month-long "Entrepreneurship Development Program" for the development of the small and medium industries.The bank conducted the training programme as part of the "Skills for Industry Competitiveness and...

Al-Arafah Islami Bank signs deal with Shamadhan Services

2025-10-23 00:00:00

Al-Arafah Islami Bank PLC, the country's leading Shariah-compliant financial institution, has signed a strategic partnership agreement with Shamadhan Services Limited, a concern of Grameen Telecom, to strengthen digital financial services and enhance customer convenience.The signing ceremony took place at the...

Bangladesh faces major challenges ahead of LDC graduation: ICCB

2025-10-23 00:00:00

Bangladesh's upcoming graduation from the Least Developed Country (LDC) category in November 2026 represents a historic achievement, but also ushers in significant challenges requiring deep structural reforms, institutional strengthening, and enhanced competitiveness, according to the latest editorial of the International...

Rights group calls for urgent action

MONIRA MUNNI | 2025-10-23 00:00:00

A global rights group has called on fashion brands, suppliers, and governments to act now to tackle the risks associated with rising temperatures in garment factories around the world. In its new report titled "Heat and Garment Workers' Rights -...

Brazil forest loss linked to coffee hit 737,000 hectares in 21 years

2025-10-23 00:00:00

SAO PAULO, Oct 22 (Reuters): Brazilian deforestation linked to coffee crops hit 737,000 hectares (1.8 million acres) between 2002 and 2023, according to a report on Wednesday that warned negative environmental impacts from forest loss could affect the country's coffee...

Malaysia seeks foreign partnerships to develop rare earth sector: state media

2025-10-23 00:00:00

KUALA LUMPUR, Oct 22 (Reuters): Malaysia is open to foreign companies establishing joint ventures with local firms to develop rare earths in the country, state media reported on Wednesday, citing the trade minister.The Southeast Asian country has some 16.1 million...

Gold extends fall as investors book profits ahead of US inflation data

2025-10-23 00:00:00

Gold prices fell on Wednesday to a near two-week low, following their sharpest single-day drop in five years in the previous session, as investors booked profits ahead of key US inflation data due this week, reports Reuters.Spot gold was down...

Oil rises about 2pc on trade talk optimism

2025-10-23 00:00:00

LONDON, Oct 22 (Reuters): Oil prices pushed higher for a second day on Wednesday, rising by about 2 per cent, buoyed by hopes of progress for a US trade deal with China and India.Brent crude futures rose $1.19, or 1.9...

Janata Bank Holds Training Course on SWIFT MX Migration

2025-10-23 00:00:00

Overseas Banking Department of Janata Bank PLC organised a daylong training course titled 'SWIFT ISO 2022 Migration: Introducing PACS' at Janata Bank Staff College in Dhaka recently. Managing Director of the bank Md Mazibur Rahman inaugurated the course. A total...

Western Marine delivers three ships to UAE

FE REPORT | 2025-10-23 00:00:00

Western Marine Shipyard Ltd. (WMShL), a leading shipbuilder of the country, has delivered three ships to the UAE and three others will be delivered next month to meet its export order target this year.The internationally-reputed company has a record of...

Gunman kills opposition politician in Sri Lanka

2025-10-23 00:00:00

COLOMBO, Oct 22 (AP): An unidentified gunman fatally shot an opposition Sri Lankan politician at his office Wednesday, making him the first politician killed in a spate of shootings that have gripped the island nation in recent months.Lasantha Wickramasekara, the...

31 killed as fuel truck explodes in Nigeria

2025-10-23 00:00:00

ABUJA, Oct 22 (AP): A tanker truck laden with gasoline exploded Tuesday in north-central Nigeria, killing at least 31 people, police said.The explosion occurred in the Bida area of Niger State after the truck fell and as local residents rushed...

40 dead after 4 vehicles crash in Uganda

2025-10-23 00:00:00

KAMPALA, Oct 22 (BBC/AFP): Forty-six people have been killed after several vehicles crashed on a major highway in Uganda, the police say.The police revised down an earlier death toll of 63, saying they had mistakenly included victims who were unconscious...