JUBAIR HASAN | 2025-12-18 00:00:00
Bangladesh Bank (BB) is planning to revisit the base year for calculating the Real Effective Exchange Rate (REER) index to make it more realistic and representative of current market conditions, officials said.The central bank currently uses FY2015-16 as the base...
FE REPORT | 2025-12-18 00:00:00
Police on Wednesday halted July Oikya's march to the Indian High Commission in the capital's Badda area.The July Oikya platform, comprising demonstrators of the July 2024 uprising, launched the march at around 3:00 PM from the Rampura Bridge area in...
FE REPORT | 2025-12-18 00:00:00
India summoned Bangladesh high commissioner to Delhi to convey "strong concerns" over security environment in Bangladesh and alleged threats to the Indian mission in Dhaka, amid diplomatic "tension".Dhaka dispels such concerns, and also takes exception to New Delhi's uncalled-for remarks...
FE REPORT | 2025-12-18 00:00:00
The government will amend some sections of the existing Money Laundering Prevention Act, 2012 aiming to make the recovery of laundered money and assets from abroad more efficient and effective.The decision was taken Wednesday at a meeting of the National...
MONIRA MUNNI | 2025-12-18 00:00:00
Bangladeshi-made readymade garments might not get duty-free market access to the European Union (EU) under GSP-plus facility after its graduation and related transition period up to 2029, sources say. After the year 2029, Bangladesh will lose its duty-free market access...
NEW YORK, Dec 17 (Reuters): Amazon.com Inc is in talks to invest in ChatGPT-maker OpenAI in a potential deal that could value the artificial intelligence firm at more than $500 billion, a source familiar with the matter said on Tuesday.Amazon...
Concord Real Estate has handed over apartments at Concord Shongshaptak, an exclusive luxury residential project located at North Gulshan in Dhaka. Designed for a limited number of homeowners, the project reflects Concord's continued commitment to delivering refined living spaces in...
The 25th Annual General Meeting of Central Depository Bangladesh Limited (CDBL) was held at the DSE Tower in Dhaka on Wednesday, with CDBL Director AKM Habibur Rahman in the chair. Board of Directors of CDBL Naser Ezaz Bijoy, Md Shakil...
NRBC Bank PLC held a Business Review Meeting at its Cox's Bazar Branch on Monday. Dr Md Touhidul Alam Khan, Managing Director & CEO of the bank, attended the meeting as the chief guest. Syed Mahbubul Hoque, Head of Chattogram...
MNS Inspection Company has achieved the internationally recognised ISO 9001:2015 certificate. Talukder Delaluddin, CEO of Business Globalize, formally handed over the certificate to Pijush Talukder, Managing Director of MNS Inspection Company, at a ceremony at the Seniors Club in Chattogram...
Toyota Bangladesh Limited inaugurated a showroom in Dhaka on Wednesday. The showroom, Trade Intercontinental, is located at Bir Uttam Mir Shawkat Sarak at Tejgaon. Premmit Singh, Managing Director of Toyota Bangladesh, was present at the inauguration ceremony.
GPH Ispat organised a daylong free eye care medical camp at its Kumira Plant on Wednesday, offering essential eye health services to local residents. Mohammad Almas Shimul, Additional Managing Director of GPH Ispat, inaugurated the event. An eight-member medical team...
Eastern Bank won the Silver Award in the 'General Banking' category at the 12th ICSB National Award for Corporate Governance Excellence. Ali Reza Iftekhar, Managing Director of Eastern Bank, received the award from Lutfey Siddiqi, Special Envoy on International Affairs...
Shahjalal Islami Bank has won the Gold Award in the Islamic banking category at the 12th ICSB National Award-2024 in recognition of its excellence in corporate governance and establishing transparency and accountability in overall management. The Institute of Chartered Secretaries...
MTB Foundation recently inaugurated three water access hubs under the project 'Jol Torongo' for the vulnerable community of Char Alexander in Lakshmipur. The water access hub is expected to modernise the access to clean and safe water, contributing to the...
FE REPORT | 2025-12-18 00:00:00
Biman Bangladesh Airlines has introduced body-worn cameras for staff involved in baggage handling at Hazrat Shahjalal International Airport (HSIA) in Dhaka, aiming to strengthen security, transparency and accountability in ground handling operations.Under the initiative, traffic staff responsible for baggage handling...
REZAUL KARIM | 2025-12-18 00:00:00
The government has issued three state guarantees totalling Tk 5.80 billion in favour of Sonali Bank to facilitate the procurement of essential commodities by the Trading Corporation of Bangladesh (TCB), sources said.The state-run TCB under the Ministry of Commerce (MoC)...
SM Mainul Kabir joined SBAC Bank as managing director (MD) and CEO on Wednesday, according to a press release.Before joining SBAC Bank, SM Mainul Kabir served as deputy managing director of United Commercial Bank. Mr Kabir brings over 30 years...
FE REPORT | 2025-12-18 00:00:00
The auditors of two listed companies-Global Heavy Chemicals and Metro Spinning-have raised red flags over their ability to sustain business operations.In their latest audit opinions included in the FY25 financial statements, the auditors said it was necessary to inform investors...
BABUL BARMAN | 2025-12-18 00:00:00
The year 2025 is nearing its end without a single company being listed, a rare event in the history of the country’s capital market.The current commission of the Bangladesh Securities and Exchange Commission (BSEC), formed after the political changeover in...
Modhumoti Bank PLC opened 'Panchchar Sub-Branch' at Shibchar in Madaripur on Wednesday. Md Shafiul Azam, Managing Director & CEO of the bank, inaugurated the branch as the chief guest. Shahnawaj Chowdhury, Additional Managing Director, was present as the special guest...
Islami Bank Bangladesh PLC achieved the first position in the Remittance Award 2026 conferred by the Ministry of Expatriates' Welfare and Overseas Employment. The bank earned this recognition for securing the highest remittance inflow during the 2024-25 fiscal year. The...
ADN Telecom Limited was honoured with the Gold Award at the 12th ICSB National Award for Corporate Governance Excellence, 2024 in the Information and Communication Technology category at a city hotel on Monday. Henry Hilton, Managing Director, ADN Telecom, and...
Unilever Consumer Care Limited won the Gold Award at the 12th ICSB National Award for Corporate Governance Excellence, 2024 at a ceremony held at a city hotel recently. Lutfey Siddiqi, Special Envoy on International Affairs to the Chief Adviser, handed...
NAZIMUDDIN SHYAMOL | 2025-12-18 00:00:00
CHITTAGONG, Dec 17: A United States Coast Guard (USCG) team that scrutinised compliance with the International Ship and Port Facility Security (ISPS) Code at Chittagong Port has given a very positive report.The USCG team did not raise any observations (zero...
Md Fayaz Alam, Deputy Managing Director of Janata Bank PLC, has been elected new Chairman of IIDFC PLC.The Board of Directors elected him during the company's 24th Annual General Meeting (AGM), held at the IIDFC's head office recently.Mr. Alam is...
FE REPORT | 2025-12-18 00:00:00
The country's readymade garment (RMG) exports to the European Union (EU) recorded a significant 19.67 per cent year-on-year decline in October this year as the bloc's overall apparel imports fell during the month.According to Eurostat data published on December 16,...
Attracting foreign tourists remains a challenge for Bangladesh attributed to various factors including security concerns and inadequate infrastructure support. Additionally, the country faces significant revenue loss as Bangladeshis often choose to vacation abroad. However, recent government initiatives have made strides...
Atiqul Kabir Tuhin | 2025-12-18 00:00:00
A recent report titledm 'World inequality report 2026', published by the Paris-based World Inequality Lab, has once again laid bare the ever-widening chasm between the rich and the poor. According to the report, the richest 10 per cent of people...
The United Nations World Urbanisation Prospects 2025 report reveals that Dhaka City is the second largest megacity after Jakarta. Instead of celebrating this elevated status, both experts in urban development and ordinary citizens consider this sobriquet highly concerning. Not only...
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