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Rubel Aziz new vice chairman of City Bank

2025-10-17 00:00:00

Rubel Aziz, director, City Bank, was elected as the new vice chairman of City Bank at a meeting of the bank's board of directors recently, according to a press statement.The industrialist and entrepreneur holds a Bachelor of Business Administration degree...

BKB seminar on agri development

2025-10-17 00:00:00

Bangladesh Krishi Bank held a seminar titled 'Role of Bangladesh Krishi Bank in Agricultural Development: Roadmap to Overcoming Challenges' at the auditorium of its head office in Dhaka on Thursday.Nazma Mobarek, Secretary of the Financial Institutions Division, Ministry of Finance,...

Syngenta and DAE jointly celebrate World Food Day

2025-10-17 00:00:00

Syngenta Bangladesh celebrated World Food Day 2025 on Thursday with the global theme "Hand in Hand for Better Food and Better Future".In collaboration with the Department of Agricultural Extension (DAE) at their regional office in Khulna, the celebration highlighted the...

Concord begins construction of Villa Bellanova

FE DESK | 2025-10-17 00:00:00

Concord Real Estate Ltd. has started construction of Concord Villa Bellanova, a luxury residential project on Road 36 at Gulshan in Dhaka.A groundbreaking ceremony was held recently to mark the start of construction. The event was attended by senior officials...

Chinese co to establish high-end apparel factory at BEPZA EZ

FE DSEK | 2025-10-17 00:00:00

Chinese company October4128 (BD) Ltd. is set to invest $19.72 million to establish a high-end garments manufacturing facility at the BEPZA Economic Zone (BEPZA EZ) in Mirsharai, Chattogram.An agreement to this effect was signed at the BEPZA Complex in Dhaka...

Nepal keen to import increased raw jute from BD

2025-10-17 00:00:00

Nepalese Ambassador Ghanashyam Bhandari on Thursday has requested the Bangladesh government to focus on the raw jute exports to meet the production needs of Nepal.He made the request during a meeting with Commerce Adviser Sk. Bashir Uddin at the Secretariat,...

Linde sees return to growth as revenue, finance income rise

FE REPORT | 2025-10-17 00:00:00

Linde Bangladesh has reported a profit of Tk 98.6 million for the third quarter to September, supported by higher revenue and increased finance income.The multinational industrial gas producer had earned Tk 6.08 billion in the same quarter last year, driven...

UCB earnings slump on hefty provisioning triggered by sector cleanup

FE REPORT | 2025-10-17 00:00:00

United Commercial Bank's profit plunged 68 per cent year-on-year to Tk 320 million in the third quarter to September this year as provision on default loans escalated.Bad loans that the bank had tucked away until the political changeover in August...

US retailers brace for impact as Trump's 100pc China tariffs loom

2025-10-17 00:00:00

US President Donald Trump's threat of additional 100% tariffs on Chinese imports has sounded alarm bells among retail and trade experts, who caution it could lead to more price increases and squeeze demand, reports Reuters.The fresh levies, set to take...

US wants Japan to stop buying Russian energy

2025-10-17 00:00:00

WASHINGTON, Oct 16 (AFP): Washington wants Japan to halt Russian energy imports, US Treasury Secretary Scott Bessent said Wednesday hours after President Donald Trump announced that India would stop buying oil from Moscow.Bessent said on X that he discussed with...

Walmart partners with OpenAI for ChatGPT shopping feature

2025-10-17 00:00:00

Walmart is set to partner with OpenAI to enable customers and Sam's Club members to shop directly within ChatGPT, using the AI chatbot's Instant Checkout feature, reports Reuters.The world's largest retailer is expanding its use of artificial intelligence as companies...

Titas launches drive aginst illegal gas lines

2025-10-17 00:00:00

Titas Gas Transmission and Distribution Company Limited conducted drives in Savar and Gouripur areas of Cumilla district on Wednesday to disconnect illegal gas connections and prevent gas stealing.During the operations, the authority, led by its executive magistrates, removed 600 metres...

PBL Finance hosts training on int'l trade facilitation

2025-10-17 00:00:00

PBL Finance (Hong Kong) Limited, a subsidiary of Prime Bank PLC, organised a daylong training on 'International trade facilitation: The new face of import & export regulations in Bangladesh' in Dhaka recently. The program brought together 100 international trade experts...

Pakistan flags pest issues in pineapple

FE REPORT | 2025-10-17 00:00:00

Bangladesh and Pakistan have initiated a process to expand bilateral trade in fruits, sources say. As part of the move, a meeting was recently held between the Plant Quarantine Wing, Ministry of Agriculture, Bangladesh, and the Department of Plant Protection...

Banks to remain open on Saturday

2025-10-17 00:00:00

Bangladesh Bank (BB) has instructed banks for taking appropriate measures to keep open their branches or sub-branches relating to the hajj activities on October 18 (Saturday) for hajj management, reports BSS.To this end, the central bank issued a circular on...

India's exports to US plunge as Trump's 50pc tariffs bite

2025-10-17 00:00:00

India's goods exports to the US, its largest foreign market, dropped sharply by 20 per cent in September and nearly 40 per cent in the last four months, as Trump's steep tariffs took effect, data shows, according to a BBC...

Bangladesh struggles to lure foreign visitors despite natural wonders

GULAM RABBANI | 2025-10-17 00:00:00

Bangladesh's natural diversity, from the world's longest sea beach to the largest mangrove forest, offers all the makings of a thriving tourism economy. Yet, the country remains far from realising its potential as a global travel destination. Industry insiders say...

US airline group urges end to government shutdown, citing aviation risks

2025-10-17 00:00:00

WASHINGTON, Oct 16 (Reuters): The head of a US airline trade group urged an end to the 15-day government shutdown, citing concerns about rising pressure faced by air traffic controllers working without pay."It's got to stop like now, because every...

Japan urges united G7 response to China rare earths curbs

2025-10-17 00:00:00

TOKYO, Oct 16 (AFP): Group of Seven nations should unite in responding to China's rare-earth export curbs, Japan's finance minister said Thursday."Japan is deeply concerned about the extensive export restrictions on rare earths announced by China last week, and the...

Grain trader Bunge lowers 2025 profit forecast after closing Viterra deal

2025-10-17 00:00:00

US grain trader and processor Bunge on Wednesday lowered its 2025 earnings forecast following its merger with Viterra, and said it is overhauling segment and volume reporting to align with its integrated operations, reports Reuters.Shares of the company, however, rose...

Safe-haven surge, Fed rate-cut bets drive gold to new record highs

2025-10-17 00:00:00

Gold hit a record high for the fourth straight session on Thursday, as investors flocked to the safe-haven metal on brewing US-China trade tensions and the US government shutdown, with bets on interest rate cuts fueling the momentum, reports Reuters.Spot...

Rare earths: strategic metals key to future tech

2025-10-17 00:00:00

BEIJING, Oct 16 (AFP): Rare earths are minerals used to make magnets crucial to the auto, electronic and defence industries, as well as in renewable energy.The US Treasury Secretary slammed export curbs imposed by Beijing last week on technologies used...

BADC MARKS 64TH FOUNDING ANNIVERSARY

2025-10-17 00:00:00

Bangladesh Agricultural Development Corporation (BADC) held a discussion on the occasion of its 64th founding anniversary at the Seminar Hall of Krishi Bhaban in Dhaka on Thursday, with the participation of all officers and employees. BADC Chairman (Grade-1) Md. Ruhul...

Oil steady, possible Indian halt of Russia imports lends support

2025-10-17 00:00:00

LONDON, Oct 16 (Reuters): Oil prices were stable on Thursday as traders prepared for a potential halt to India's Russian oil imports, which could reshape flows and boost demand for supplies from elsewhere.US President Donald Trump said Prime Minister Narendra...

IDCOL resumes financing for solar irrigation pumps

2025-10-17 00:00:00

Infrastructure Development Company Limited (IDCOL) has officially resumed its financing support for Solar Irrigation Pumps (SIPs) with a renewed strategy and structure, marking a significant step toward decarbonising Bangladesh's agricultural sector. To commemorate this milestone, IDCOL hosted a signing ceremony...

Methane emission cut in agriculture depends on applying scientific insights

FE REPORT | 2025-10-17 00:00:00

Reducing methane emission from agriculture will depend on how effectively scientific insights are translated into everyday farming practice, supported by strong institutions, clear guidance, and farmer-driven delivery systems, observed speakers at a workshop on Wednesday.The International Fund for Agricultural Development...

Gunmen kill 14 in central Nigeria attacks

2025-10-17 00:00:00

LAGOS, Oct 16 (AFP): Gunmen have killed at least 14 people in separate attacks on two villages in central Nigeria's Plateau state, a Red Cross official told AFP on Wednesday.The state and the wider central Nigeria region has for years...

Magnitude 6.5 quake hits Indonesia's Papua

2025-10-17 00:00:00

JAKARTA, Oct 16 (AFP): A magnitude 6.5 earthquake struck the eastern Indonesian province of Papua on Thursday, the US Geological Surveysaid, but there was no tsunami warning and no immediate reports of damage.The epicentre of the quake, which struck around...

Trump indicates approval of CIA action against Venezuela

2025-10-17 00:00:00

WASHINGTON, Oct 16 (AFP): US President Donald Trump indicated Wednesday he had authorized covert CIA action against Venezuela and said he was considering strikes against alleged drug cartels on land in the South American country.Trump's comments triggered outrage from leftist...

Army colonel to lead Madagascar after coup ousts civilian president

2025-10-17 00:00:00

ANTANANARIVO, Oct 16 (Reuters) -Madagascar's new military ruler, Colonel Michael Randrianirina, said he will be sworn in as president on Friday and was open to talks with the African Union, after it suspended the country's membership following a coup to...