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BRAC Bank, Water.org host National Water Supply & Sanitation Workshop

2025-10-16 00:00:00

BRAC Bank, in collaboration with Water.org, organised the first-ever 'National Water Supply & Sanitation (WSS) Workshop' in the banking sector to raise awareness about water, sanitation and hygiene (WASH) financing.The two-day workshop was held in Cox's Bazar recently, says a...

SAARC growth hinges on 'reducing barriers, boosting logistics'

FE REPORT | 2025-10-16 00:00:00

South Asia continues to be one of the least integrated regions globally, with intra-regional trade accounting for less than six percent of total trade, underscoring persistent barriers to the free flow of goods, services, and investments. These challenges could slow...

CABI DELEGATION VISITS BARI

2025-10-16 00:00:00

A delegation from the Centre for Agriculture & Bioscience International (CABI) visits Bangladesh Agricultural Research Institute (BARI) headquarters on Wednesday. The delegation was led by CABI Bangladesh Country Representative Dr. Md. Saleh Ahmed. BARI Director General Dr Md Abdullah Yousuf...

JANATA BANK HOLDS MEETING ON RISK-BASED SUPERVISION

2025-10-16 00:00:00

Janata Bank PLC held a meeting on preparation, awareness, and capacity building for the implementation of Risk-Based Supervision (RBS) at its head office on Monday. The meeting was presided over by Md. Mazibur Rahman, Managing Director of Janata Bank. Md....

Oil rises with US-China trade tensions in focus

2025-10-16 00:00:00

LONDON, Oct 15 (Reuters): Oil prices climbed on Wednesday after closing at five-month lows in the previous session, as investors weighed an escalation in trade tensions between the US and China and the International Energy Agency's prediction of a supply...

Trump threatens to end cooking oil purchases from China

2025-10-16 00:00:00

WASHINGTON, Oct 15 (AFP): US President Donald Trump slammed China's halt of American soybean purchases as an "economically hostile act," warning Tuesday that his country could in turn stop buying cooking oil from the world's second-biggest economy."We are considering terminating...

Gold extends record run past $4,200 on rate-cut hopes, safe-haven fervor

2025-10-16 00:00:00

Gold prices breached $4,200 per ounce for the first time on Wednesday, extending a record rally as rising interest rate cut bets and geopolitical jitters send investors flocking to the safe-haven metal, reports Reuters.Spot gold rose 1.2 per cent to...

'Bitcoin Jesus' to pay $50m to resolve US tax case

2025-10-16 00:00:00

WASHINGTON, Oct 15 (AFP): Roger Ver, an early investor in cryptocurrency known as "Bitcoin Jesus," has agreed to pay $50 million to resolve US tax charges, the Justice Department said Tuesday.Ver renounced his US citizenship in 2014 and took up...

HDFC Life posts quarterly profit rise on retail insurance demand

2025-10-16 00:00:00

BENGALURU, Oct 15 (Reuters): India's HDFC Life Insurance reported a higher second-quarter profit on Wednesday, driven by strong demand for retail insurance products and a pickup in market-linked plans.Net premium income for the quarter rose 13 per cent to 187.77...

Strong dealmaking boosts profits at US banking giants

2025-10-16 00:00:00

NEW YORK, Oct 15 (AFP): Robust dealmaking activity and strong trading results helped boost US bank earnings Tuesday despite lingering worries about a softening job market and a potentially overvalued stock market.Profits rose in the third quarter at JPMorgan Chase...

China to keep its 'all about production' economic playbook as rivalry with US intensifies

2025-10-16 00:00:00

SINGAPORE/BEIJING, Oct 15 (Reuters): China's Communist Party meets this month to map a five-year vision that prioritises high-tech manufacturing in its quest to upgrade its sprawling industries and project global power as its rivalry with the US intensifies, analysts say.Known...

Sonar Bangla Ins elects new chairperson, vice-chairperson

2025-10-16 00:00:00

Md Motaleb Hossain has been unanimously elected as Chairperson and Shahidul Islam Niru as Vice-Chairperson of Sonar Bangla Insurance Limited.This was disclosed at the 149th meeting of the board of directors of the company held in the city Monday, says...

Dhaka Regency celebrates 'Local Culinary Heritage'-

2025-10-16 00:00:00

Dhaka Regency Hotel & Resort has announced a special culinary event titled 'The Local Culinary Heritage of Bangladesh', to celebrate the rich and diverse flavours of Bangladeshi cuisine. The event, which began on Wednesday will run until October 25, will...

Bengal Islami Life Ins holds annual conference

2025-10-16 00:00:00

Bengal Islami Life Insurance Limited held its Annual Conference-2025 at a local hotel in Cox's Bazar on Thursday. The event was presided over by the company's Chief Executive Officer MM Monirul Alam. More than 600 successful development officers from across...

JAMUNA BANK PARTNERS WITH BKASH for AUTOMATED CASH MANAGEMENT SERVICES

2025-10-16 00:00:00

Jamuna Bank signed an agreement with bKash to provide 24/7 cash management services for bKash distributors, agents and merchants. The signing ceremony took place on October 15 at Jamuna Bank's head office in Gulshan, Dhaka, with Mirza Elias Uddin Ahmed,...

MTB LEADS 'CASHLESS BANGLADESH' CAMPAIGN

2025-10-16 00:00:00

With the objective of advancing the Cashless Bangladesh initiative and expanding digital transactions through Bangla QR, Mutual Trust Bank (MTB), as the lead bank, successfully organised a two-day seminar, campaign, and roadshow titled "Cashless Bangladesh" in Bogura. The programme brought...

PRIME BANK PARTNERS WITH DUSAI RESORT & SPA TO OFFER DISCOUNTS

2025-10-16 00:00:00

Prime Bank has entered into a strategic partnership with Dusai Resort & Spa to provide exclusive benefits for its valued debit cardholders. A signing ceremony to mark the partnership was recently held at Prime Bank's corporate office in the capital....

Md. Mahbub Alam joins Southeast Bank as AMD

2025-10-16 00:00:00

Md. Mahbub Alam joined Southeast Bank as additional managing director (AMD) on Tuesday.Prior to joining Southeast Bank, he served as a deputy managing director at NCC Bank, according to a press statement.He started his career with the Bangladesh Institute of...

Habibur Rahman new DMD of NCC Bank

2025-10-16 00:00:00

Md. Habibur Rahman has joined NCC Bank as deputy managing director (DMD) on Monday.Prior to this, he served as SEVP & head of Wholesale Banking Division-02 at Mutual Trust Bank (MTB), where he played a key role in expanding the...

Association of Insurance Executives elects new committee

2025-10-16 00:00:00

The Association of Insurance Executives held a meeting on Monday to elect its new executive committee for a two-year term, effective from December 29, 2025.The meeting unanimously elected Md. Hafiz Ullah, independent director of Karnaphuli Insurance Company Limited and Meghna...

Canadian HC visits Ctg Port

OUR CORRESPONDENT | 2025-10-16 00:00:00

CHATTOGRAM, Oct 15: Canadian High Commissioner (HC) to Bangladesh Ajit Singh, along with his delegation, paid a courtesy visit to Chittagong Port, the prime seaport of the country. He was accompanied by Debra Boyce, Senior Trade Commissioner, and Marcu Davies,...

Maj Gen Md Moazzem Hossain joins BEPZA as Executive Chairman

2025-10-16 00:00:00

Major General Mohammad Moazzem Hossain has joined the Bangladesh Export Processing Zones Authority (BEPZA) as its 18th Executive Chairman, reports BSS. He has joined the Chief Adviser's Office as Executive Chairman of BEPZA. He succeeded Major General Abul Kalam Mohammad...

Govt moves to digitise visa fee payments, says BIDA Chief

2025-10-16 00:00:00

Executive Chairman (State Minister) of the Bangladesh Investment Development Authority (BIDA) Chowdhury Ashik Mahmud Bin Harun said on Wednesday that the government is undertaking significant efforts to modernise its visa system by digitising fee payments and refining overall visa policy,...

BD achieves milestones in local currency bond market reforms: IMF

2025-10-16 00:00:00

The International Monetary Fund (IMF) has noted that Bangladesh has achieved a significant progress in the development of local currency bond market, reports BSS.The multilateral lender in its Global Financial Stability Report released on Wednesday observed that confronted with higher...

LankaBangla Finance posts 37pc profit drop, skips dividend for 2024

FE Report | 2025-10-16 00:00:00

LankaBangla Finance has announced no dividend for 2024 after posting a 37.25 per cent year-on-year decline in profit to Tk 274.8 million.The announcement came as a major disappointment for shareholders, who had expected stronger results in 2024 compared with the...

Falling yields give fresh bout of energy to T-bond secondary market

BABUL BARMAN | 2025-10-16 00:00:00

Trading in Treasury bonds in the secondary market has surged by 64 per cent year-on-year to Tk 537 million in the July-September quarter, against the backdrop of declining yields of the debt securities.Bond prices are inversely related to interest rates,...

Depositors' suffering at CRMs

2025-10-16 00:00:00

Banks are increasingly using modern technologies to ease customers' hardships. One such technology that has become popular in our country is the Cash Recycling Machine, or CRM. Through this machine, money can be deposited at booths 24/7. It is a...

Minimising food wastage-

2025-10-16 00:00:00

Food is the most essential requirement for the sustenance of human life. From the earliest cavemen to advanced civilizations, food and agriculture have played an inevitable role in keeping humans alive and healthy. Every year on October 16, the world...

Protesting teachers and some pertinent questions

Atiqul Kabir Tuhin | 2025-10-16 00:00:00

At a time when students' final exams are just two months away, classes in non-government secondary educational institutions across the country are being badly hampered as thousands of MPO-listed teachers of these intuitions are protesting in Dhaka demanding a hike...

Mirpur fire: Illegal chemical depot, yet again, responsible

2025-10-16 00:00:00

Once again a devastating fire originating from an unauthorised chemical warehouse has claimed at least 16 lives. This time the tragedy happened not in the infamous areas of old Dhaka but in Mirpur's Shialbari area. All 16 people died in...