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Ex-Snapchat CSO meets CA in NY

2025-09-30 00:00:00

NEW YORK, Sept 29 (UNB): Chief Adviser Prof Muhammad Yunus has invited Imran Khan, a prominent American investor of Bangladeshi origin, to invest in Bangladesh's burgeoning fintech, healthcare and social -business sectors.Khan met the Chief Adviser on Saturday (US time).Prof...

Blockade cripples life for 3rd straight day

2025-09-30 00:00:00

KHAGRACHHARI, Sept 29: Tension remains high in Khagrachhari hill district following Sunday's violence and protests over the alleged rape of a schoolgirl, which left three people dead and several others injured in Guimara upazila.Meanwhile, an indefinite road blockade organised under...

Two-thirds of women workers married before 18 years

FE REPORT | 2025-09-30 00:00:00

Two out of every three female garment workers were married before reaching 18 years of age, and nearly 65 per cent of them had their first pregnancy before turning 18, revealed the findings of an icddr,b study on Monday. Furthermore,...

Dhaka court freezes Sikder family's investments in Thailand

FE REPORT | 2025-09-30 00:00:00

In two separate cases, a Dhaka court has ordered the freezing of Tk1.33 billion worth of investments belonging to the Sikder family in Thai companies, as well as 114 accounts in local banks that belong to the former personal secretary...

Launderers smarter than govt officials or bankers

FE REPORT | 2025-09-30 00:00:00

Finance Adviser Dr Salehuddin Ahmed has said money launderers in Bangladesh are far smarter than the government, often outwitting bankers and even central bank officials."Companies often shift money from one place to another repeatedly before it leaves the country. That...

Prayer Timings (2025-09-30)

2025-09-30 00:00:00

Partial exporters can import raw materials duty-free against bank guarantee

DOULOT AKTER MALA | 2025-09-30 00:00:00

The National Board of Revenue (NBR) has allowed partial export-oriented industrial enterprises to import raw materials duty-free against bank guarantee under a move to help expand the country's export trade.To this effect, the revenue authorities issued a notification on Monday.Enterprises...

Govt's nonbank borrowing bloats as G-Sec becomes hotcakes

JUBAIR HASAN | 2025-09-30 00:00:00

Government's domestic borrowing from nonbanking sources bloats as institutional and individual depositors pour their money into secure government securities (G-Sec) failing to find better alternative investment choices as yet, sources say.Normally, major portion of government's domestic debts to meet budgetary...

Remittance inflow close to $2.5b till Sep 28

2025-09-30 00:00:00

The inflow of remittances witnessed a significant year-on-year growth of 16.7 per cent through the first 28 days of September, reports UNB.According to the latest data, issued by the Bangladesh Bank (BB) Monday, the total inflow of remittances reached US$2,465...

WB offers budget support credit for smooth transition

SYFUL ISLAM | 2025-09-30 00:00:00

Bangladesh expects US$300-500 million in fresh budget support from the World Bank as the WB has offered the credit to assist with its smooth graduation from the least-developed country (LDC) status in November next year, officials say.A delegation of the...

England bowler Woakes retires from international cricket

2025-09-30 00:00:00

LONDON, Sept 29 (AFP): England paceman Chris Woakes has announced his retirement from international cricket after England indicated he was no longer in their plans.Woakes's final match was last month against India at the Oval, where he walked out to...

Alauddin's five-for scripts Rangpur's first win in NCL T20

2025-09-30 00:00:00

Pacer Alauddin Babu became the first bowler in the second edition of NCL T20 to claim a five-wicket haul as Rangpur Division registered its first victory in the tournament, thrashing Barishal by six wickets at Sylhet International Cricket Stadium in...

India face Sri Lanka in opener today

2025-09-30 00:00:00

GUWAHATI, Sep 29 (Agencies): India will open ICC Women's World Cup campaign against Sri Lanka in Guwahati on Tuesday, aiming to break the jinx of never winning the Women's World Cup.India should make every effort to put in a "good...

Naqvi hits back at Modi for 'dragging war into sport'

2025-09-30 00:00:00

Pakistan Cricket Board (PCB) Chairman and Asian Cricket Council (ACC) Chief Mohsin Naqvi has strongly criticised Indian Prime Minister Narendra Modi for "dragging war into sport", saying that such remarks undermine the spirit of the game, according to Pakistan TV...

Politics continue to spill over cricket pitch

2025-09-30 00:00:00

DUBAI, Sept 29 (Reuters): The closing ceremony of the men's Asia Cup descended into farce on Sunday as the Indian cricket team refused to collect the winners' trophy from Asian Cricket Council (ACC) chief Mohsin Naqvi, as politics continued to...

Pakistan buys 80,000 tons sugar

2025-09-30 00:00:00

HAMBURG, Sept 29 (Arab News): Pakistan's state agency the Trading Corporation of Pakistan (TCP) issued a tender to purchase 100,000 metric tons of white refined sugar and is believed to have bought 80,000 tons in a tender that closed last...

US to open millions of acres of federal land to coal leasing

2025-09-30 00:00:00

WASHINGTON, Sept 29 (Reuters): The US Department of the Interior on Monday said it would open 13.1 million acres (53,013.8 square kilometers) of federal land for coal leasing, as the Trump administration seeks to reverse the decline of the fuel's...

Malaysian steel industry roadmap aims for "fully green" sector by 2050

2025-09-30 00:00:00

KUALA LUMPUR, Sept 29 (Reuters): Malaysia is planning a revamp of its steel industry that aims to manage overcapacity, restructure licensing and prepare for decarbonisation with a goal of achieving a "fully green" sector by 2050, trade minister Tengku Zafrul...

Uttara Bank holds Business Development Conference

2025-09-30 00:00:00

Uttara Bank PLC held the 'Business Development Conference-2025' at a city hotel on Saturday. Azharul Islam, Chairman of the Board of Directors of the bank, was present as the chief guest. The conference was presided over by Md. Abul Hashem,...

United Finance signs deal with Bangladesh Bank's Credit Guarantee Dept

2025-09-30 00:00:00

An agreement was signed between Bangladesh Bank's Credit Guarantee Department (CGD) and United Finance PLC under the Credit Guarantee Scheme (CGS) Facility for Term Loans amounting to Tk 250 billion, marking a significant step toward expanding access to finance for...

Gold hits record high ---

2025-09-30 00:00:00

Gold prices surged past $3,800 an ounce for the first time on Monday, setting a new record as investors flocked to the safe-haven asset on US rate cut expectations, fears of a potential government shutdown and escalating geopolitical tensions, reports...

Meena Bazar leads way in sustainable aquaculture supply chain

2025-09-30 00:00:00

Meena Bazar has signed a landmark MoU with the FoodTechBangladesh (FTB) project to revolutionise Bangladesh's aquaculture supply chain, becoming the first forward-linkage partner to source fish produced through safe, sustainable, and environmentally responsible farming. Supported by the Government of the...

Oil prices drop 2pc on global supply growth potential

2025-09-30 00:00:00

LONDON, Sept 29 (Reuters): Oil prices fell by nearly 2 per cent on Monday as OPEC+ plans for another increase to oil output in November and the resumption of oil exports by Iraq's Kurdistan region via Turkey raised the global...

Sonali Bank signs MoU with Law and Justice Division and Supreme Court

2025-09-30 00:00:00

Sonali Bank PLC signed a tri-party Memorandum of Understanding (MoU) with Law and Justice Division and Bangladesh Supreme Court to collect all types of fees and charges, through the Sonali Payment Gateway. Secretary of Law and Justice Division Md. Liakat...

RUPALI BANK LAUNCHES NEW REMITTANCE SERVICE

2025-09-30 00:00:00

Bangladeshi expatriates living abroad can now send remittances to the bKash accounts of the family members through money exchange houses partnered with Rupali Bank PLC. Managing Director of Rupali Bank Kazi Md. Wahidul Islam inaugurated this service at the bank's...

Trust Bank opens Gulshan North Branch

2025-09-30 00:00:00

Trust Bank PLC has opened its new Gulshan North Branch at Doreen Tower, Gulshan-2, Dhaka, further expanding its network to provide modern and technology-driven banking solutions. The branch was inaugurated by Major General Md. Hakimuzzaman, Vice Chairman of the bank...

H&M targets Brazil, India as US, European spending slows

2025-09-30 00:00:00

STOCKHOLM, Sept 29 (Reuters): Fashion retailer H&M is seeking to expand in emerging markets such as Brazil and India, its CEO said, as consumer spending weakens in Europe, its core region, and US tariffs weigh on demand in its second-largest...

Steelmakers reel from setbacks yet foresee rebound

SAIF UDDIN | 2025-09-30 00:00:00

Bangladesh's steelmakers face a short-term setback as a domino effect of a sluggish growth in the national economy and a draught in investment. The steel industry is passing through a gamut of adversities like higher operational costs, weak demand and...

Saudi-Bangladesh trade body gets licence

FE REPORT | 2025-09-30 00:00:00

The government has approved a licence for a new trade body named "Saudi Arabia-Bangladesh Chamber of Commerce & Industry" which is expected to further strengthen the bilateral ties between the two nations.The commerce ministry recently issued a notification in this...

CMSMEs struggle to realise full potential

FE REPORT | 2025-09-30 00:00:00

Limited access to finance, inadequate infrastructure, shortage of skilled manpower, insufficient policy support coupled with stringent conditions are the main bottlenecks to utilise the full potential of Bangladesh's Cottage, Micro, Small and Medium Enterprises (CMSME), said speakers at a programme...