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BB allows exporters to use local ins for open account shipments

FE REPORT | 2025-10-08 00:00:00

In a major policy shift, Bangladesh Bank (BB) has allowed exporters to ship goods under open account credit terms backed by insurance coverage from local insurance companies, aiming to ease the country's export procedures.To this effect, the central bank issued...

S Asia's growth fails to address inequality

FE REPORT | 2025-10-08 00:00:00

South Asian nations, including Bangladesh, have achieved decades of steady economic growth yet failed to stem the widening gap between rich and poor, said Professor Rehman Sobhan, Chairman of the Centre for Policy Dialogue (CPD).Speaking at a seminar in Dhaka...

Tariff cuts on intermediate inputs to create jobs, says WB economist

FE REPORT | 2025-10-08 00:00:00

While adoption of artificial intelligence would affect the job market in different ways, rational tariff cuts on intermediate inputs would benefit younger and more skilled workers in South Asian countries including Bangladesh, according to a latest World Bank (WB) report.Chief...

Prayer Timings (2025-10-08)

2025-10-08 00:00:00

Saudis invited to invest in BD's promising, long-term projects

FE REPORT | 2025-10-08 00:00:00

Saudi investors are invited to channel funds into large-scale and long-term projects in Bangladesh's promising economy alongside easier labour recruitment by and remittance sending from the oil-rich Arab country. The call came Tuesday from the Saudi Arabia-Bangladesh Business Summit 2025...

Ctg port handles record container volume

OUR CORRESPONDENT | 2025-10-08 00:00:00

CHATTOGRAM, Oct 07: Chattogram port, the country's principal seaport, has broken a 48-year record by handling the highest number of containers in the 2024-25 fiscal year (FY), according to port officials. They attributed the achievement to the expansion of jetty...

Fin Adviser sceptical of WB's poverty assessment

FE REPORT | 2025-10-08 00:00:00

Finance Adviser Dr Salehuddin Ahmed raised questions about reliability of the procedure of measuring poverty by the World Bank, just as the global lender presented Bangladesh situation. "I know how they measure poverty. There are base…there are clientele (to give...

'Bangladesh first' to be BNP's policy in diplomacy, says Tarique

2025-10-08 00:00:00

Bangladesh Nationalist Party (BNP) Acting Chairman Tarique Rahman has said his party wants the interim government to be successful and hold a fair election to fulfill its responsibility."We want the interim government to be successful. We also expect that the...

Economic pickup to spur GDP growth to 4.8pc this FY, yet higher next

FE REPORT | 2025-10-08 00:00:00

Economic pickup is to spur Bangladesh's GDP growth to 4.8 per cent this fiscal year and to an impressive 6.3 per cent next, the World Bank says, also dispelling fears of export loss following the country's LDC graduation. In its...

Shrimp industry struggles amid raw material, financial shortages

REZAUL KARIM | 2025-10-08 00:00:00

Bangladesh's export-oriented shrimp industry is grappling with serious setbacks due to a combination of internal and external challenges, including financial constraints and raw material shortages, according to industry sources. Over the past few years, shrimp export volumes have gradually declined,...

NCC Bank, SICIP arrange entrepreneurship training programme

2025-10-08 00:00:00

A month-long entrepreneurship development training programme was organised by Bangladesh Bank in collaboration with NCC BANK PLC under the 'Skills for Industry Competitiveness and Innovation Programme (SICIP)' implemented by the Finance Department of the Ministry of Finance with funding from...

Edible oil prices rise again as millers cut supply

YASIR WARDAD | 2025-10-08 00:00:00

The edible oil market has become unstable again as most refiners reduced their supply of bottled soybean oil to grocery stores after the government proposed the price at Tk 190 per litre.Many distributors reportedly sold stored oil at higher prices,...

Trust Bank celebrates achievement of Tk 500b deposit milestone

2025-10-08 00:00:00

Trust Bank PLC has celebrated a significant milestone of reaching Tk 500bn deposits at a ceremony at its head office recently.Bank's Managing Director and CEO Ahsan Zaman Chowdhury along with deputy managing directors, senior executives, and branch managers were present...

Meghna Bank partners in Saudi Arabia-Bangladesh Business Summit

2025-10-08 00:00:00

Meghna Bank has partnered in the Saudi Arabia-Bangladesh Business Summit 2025 as the silver sponsor.The three-day summit organised by the Saudi Arabia-Bangladesh Chamber of Commerce and Industry (SABCCI) is currently underway at Hotel Sheraton, Dhaka, says a press release.As an...

Electric vehicle policy unveiled

MUNIMA SULTANa AND MONIRA MUNNI | 2025-10-08 00:00:00

The government has formulated the Electric Vehicle Industry Development Policy 2025, outlining a time-bound action plan to identify and register electric vehicles (EVs) by June 2026 and 2030, with the aim of promoting domestic production and reducing carbon emissions from...

India seeks details from Boeing after emergency system glitch on Air India jet

2025-10-08 00:00:00

NEW DELHI, Oct 7 (Reuters): India's air safety regulator has sought more information from Boeing Co after an emergency power system unexpectedly activated on an Air India 787 Dreamliner on Saturday, a government source with direct knowledge of the matter...

Trump bailout for trade-hit US farmers expected this week

2025-10-08 00:00:00

WASHINGTON, Oct 7 (Reuters): The Trump administration is expected to announce a plan as soon as Tuesday to bail out US farmers stung by trade disputes and big harvests, with the initial outlay potentially totaling up to $15 billion, according...

Oil steady after smaller than expected boost to OPEC+ output

2025-10-08 00:00:00

LONDON, Oct 7 (Reuters): Oil prices edged slightly lower on Tuesday as investors weighed a smaller than expected increase to OPEC+ output in November against a backdrop of possible oversupply.Brent crude futures were down 39 cents, or 0.6 per cent,...

Global crypto ETFs attract record $5.95b

2025-10-08 00:00:00

Exchange-traded funds (ETFs) tracking crypto assets drew record inflows of $5.95 billion globally last week, as strong demand for digital assets helped propel bitcoin to an all-time high, reports Reuters.Digital asset investment products garnered the record capital in the week...

BRAC Bank hosts 'Amrai TARA' training for women entrepreneurs

2025-10-08 00:00:00

BRAC Bank, in collaboration with the Bangladesh Open Source Network (BdOSN), organised a three-day training programme titled 'Amrai TARA' to empower 30 promising women entrepreneurs with knowledge, skills, and networks needed to expand their businesses. The training took place at...

AB Bank opens collection booth at NIDCH

2025-10-08 00:00:00

AB Bank PLC inaugurated a collection booth at National Institute of Diseases of the Chest & Hospital (NIDCH) offering full-fledged modern banking services. This booth under Mohakhali branch will facilitate all the collection of NIDCH along with providing pay roll...

Pubali Bank launches tree plantation programme

2025-10-08 00:00:00

Pubali Bank PLC launched a tree plantation programme on the National University Campus as part of its social responsibility activities. The tree plantation was inaugurated by National University Vice Chancellor Prof Dr ASM Amanullah as the chief guest. Pubali Bank...

Prime Bank launches SME Debit Card with Int’l Remittance Facility

2025-10-08 00:00:00

Prime Bank PLC has launched Bangladesh's first-ever SME Debit Card with International Remittance Facility, enabling small and medium enterprises to make seamless international online payments for business purposes. The Prime Bank SME Debit Card can also be used locally for...

Gold powers ahead in record-breaking run

2025-10-08 00:00:00

Gold extended its record-breaking rally on Tuesday, hovering just $22 shy of the $4,000 per ounce milestone, driven by expectations of a Federal Reserve rate cut later this month and persistent safe-haven demand amid the ongoing US government shutdown, reports...

Sadapathar tourist site leased for six months

OUR CORRESPONDENT | 2025-10-08 00:00:00

SYLHET, Oct 07: The much-talked-about tourist site Sadapathar has been leased to a private individual at about Tk 34.12 million for six months. Lilu Mia, a stone trader and stone crushing mill owner of Chhatak upazila in Sunamganj, was awarded...

Mr. Noodles rolls out ramen noodles

2025-10-08 00:00:00

Mr. Noodles, the country's popular noodles brand, has launched ramen noodles in the market. Eleash Mridha, Managing Director of the brand, unveiled the new product at a programme held at its head office in Dhaka on Monday, says a press...

Bangladesh,Türkiye discuss ways to diversify trade, enhance connectivity

2025-10-08 00:00:00

Bangladesh and Türkiye on Tuesday discussed various measures to diversify trade, enhance connectivity, boost investment and promote joint ventures, while emphasising the importance of convening the next round of the Joint Economic Commission at the earliest opportunity, reports UNB.The issues...

Al-Madina Pharma offers 12pc dividend despite profit drop

FE REPORT | 2025-10-08 00:00:00

Al-Madina Pharmaceuticals, listed on the SME platform of the Dhaka Stock Exchange (DSE), announced a 12 per cent cash dividend for its general shareholders and a 1 per cent cash dividend for sponsor-directors for the fiscal year 2025 (FY25).The board...

BSEC approves dispute settlement rules to curb investor complaints

FE REPORT | 2025-10-08 00:00:00

In a bid to streamline the resolution of disputes in the capital market and reduce the volume of investor complaints against stock brokers and listed companies, the Bangladesh Securities and Exchange Commission (BSEC) has approved two dispute settlement regulations for...

DSEX drops below 5400-mark as sell-offs deepen

FE REPORT | 2025-10-08 00:00:00

The benchmark equity index extended its losing streak for the second straight session on Tuesday, slipping below 5,400-mark, as investors mostly adopted a cautious stance ahead of upcoming earnings season.Market sentiment remained subdued throughout the day, as institutional and high-net...