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Afghan earthquake kills 800, injures at least 2,800

2025-09-02 00:00:00

One of Afghanistan's worst earthquakes killed more than 800 people and injured at least 2,800, authorities said on Monday, as helicopters ferried the wounded to hospital after they were plucked from the rubble of homes being combed for survivors, reports...

Economists, elites deplore stalling of pledged reforms

FE REPORT | 2025-09-02 00:00:00

Economists and elites deplored the stalling of the post-uprising interim government's reform agenda, despite months of pledges and discussions, as they grouped in a watchdog on reforms. Bangladesh Reform Watch (BRW) was launched at a meet organised by the Citizens'...

CA advises streamlining army role in assisting civil admin

FE REPORT | 2025-09-02 00:00:00

Chief Adviser Prof Muhammad Yunus has stressed streamlining the current army role along with a clearly defined command structure and close coordination among all forces in the lead-up to the forthcoming elections.The direction from the head of post-uprising government was...

Bank credits to CMSMEs hit fresh compliance hurdles

JUBAIR HASAN | 2025-09-02 00:00:00

Access to formal credits by cottage, micro, small and medium enterprises is strewn with fresh hurdles stemming from ramped-up general provision requirement that discourages commercial banks from such highly supervised lending.Such regulatory change in general provisioning came at a time...

Nigeria signs deepwater oil contract with TotalEnergies

2025-09-02 00:00:00

ABUJA, Sept 1 (Reuters): Nigeria has signed a production-sharing contract with TotalEnergies and its local partner South Atlantic Petroleum (Sapetro) for two offshore blocks awarded during the 2024 licensing round, the country's upstream oil regulator said on Monday.The deal covers...

Aramco keeps LPG prices unchanged for Sept

2025-09-02 00:00:00

RIYADH, Sept 1 (Arab News): Saudi Aramco has kept its official selling prices for liquefied petroleum gas unchanged for September 2025, maintaining the same levels as the previous month. Propane is priced at $520 per tonne, while butane remains at...

Gold trades near record highs

2025-09-02 00:00:00

Gold hit a more than four-month high on Monday to trade around $23 shy of all-time highs, buoyed by US Federal Reserve rate cut bets and a softer dollar, while silver breached $40 per ounce for the first time since...

EU mulls 10-year tax holiday for jet and shipping fuels

2025-09-02 00:00:00

BRUSSELS, Sept 1 (Reuters): European Union countries are considering a 10-year delay to the introduction of EU-wide taxes on aviation and shipping fuels as they seek to push long-delayed energy tax reforms over the line, a draft document seen by...

Oil rises on weaker dollar and Russian supply disruptions

2025-09-02 00:00:00

LONDON, Sept 1 (Reuters): Oil rose by more than 1 per cent on Monday on concern over supply disruptions stemming from intensified Russia-Ukraine airstrikes as well as a weaker dollar.Brent crude was up 80 cents, or 1.2 per cent, at...

European factories return to growth, Asia activity shrinks

2025-09-02 00:00:00

BENGALURU/TOKYO, Sept 1 (Reuters): Euro zone factory activity expanded for the first time since mid-2022 as domestic demand offset the impact from US tariffs while the Asian manufacturing sector saw shrinkage, private surveys showed on Monday.There were mixed signals over...

NRB BANK HONOURS WOMEN ENTREPRENEURS IN SYLHET

2025-09-02 00:00:00

NRB Bank PLC participated as the title sponsor of the 'Sylhet Women Entrepreneur Summit & Aparajita Awards 2025', held at the Aman Ullah Convention Centre in Sylhet recently. The event celebrated the outstanding contributions of 12 women entrepreneurs from across...

DELTA LIFE ROLLS OUT HEALTH CARD FOR POLICYHOLDERS

2025-09-02 00:00:00

Delta Life Insurance Company Limited has introduced a "Health Card" facility for its policyholders. Adeeba Rahman (ACII-UK), Chairperson of the Executive Committee and a member of the Board of Directors of the company, inaugurated the card at the Delta Training...

Guardian Life launches redesigned mobile app

2025-09-02 00:00:00

To keep pace in the age of AI, Guardian Life Insurance Limited has launched its newly redesigned mobile application -- Guardian Life -- promising a smarter, more intuitive way for users to manage their insurance needs.Designed with both existing policyholders...

DCCI team to attend Taiwan Smart Agriweek Expo

FE REPORT | 2025-09-02 00:00:00

A high-powered business delegation of Dhaka Chamber of Commerce and Industry (DCCI) is set to leave Dhaka for Taiwan today to attend Taiwan Smart Agriweek Expo-2025.The eight-member DCCI delegation led by Senior Vice President of DCCI Razeev H Chowdhury, also...

Govt to create level-playing field for Trade: Adviser

FE REPORT | 2025-09-02 00:00:00

Commerce Adviser Sk. Bashir Uddin said on Monday the government is committed to ensuring trade facilitation through identifying unnecessary regulations and reviewing the trade-related rules. "We will establish justice and create a level-playing field, through which our trade volume and...

Robi breaks ground with first 5G launch, GP rushes to follow hours later

FE REPORT | 2025-09-02 00:00:00

Robi Axiata PLC on Monday became the first mobile operator in Bangladesh to officially launch commercial 5G services, marking a landmark milestone in the nation's digital transformation.The formal launch ceremony was held at Robi's corporate headquarters in Dhaka, where senior...

Tesla's sales rout in some European markets extends to eighth month

2025-09-02 00:00:00

LONDON, Sept 01 (Reuters): Tesla's sales rout this year in several European markets continued in August amid fierce competition from EV rivals and a backlash against CEO Elon Musk, although Norway and Spain bucked the trend.Data from France on Monday...

Egypt offers over 1,300 industrial plots to boost economic dev

2025-09-02 00:00:00

RIYADH, Sept 01 (Arab News): Egypt has announced offering 1,386 fully serviced industrial plots across 23 governorates and 35 industrial zones, totaling 6.8 million sq. meters, in a bid to accelerate industrial development and attract local and foreign investment. The...

India rupee hits all-time low on US tariff strain

2025-09-02 00:00:00

MUMBAI, Sept 01 (Reuters): The Indian rupee dropped to a record low against the US dollar on Monday, reflecting mounting concerns over the higher US tariffs on Indian goods and the broader economic implications for the South Asian country.The rupee...

S Korea posts record semiconductor exports in August

2025-09-02 00:00:00

SEOUL, Sept 01 (AFP): South Korea recorded its highest ever monthly semiconductor exports in August despite growing pressure from US tariffs and other restrictions on the crucial sector, government data showed Monday.Seoul recorded more than $15 billion in exports last...

India RBI to meet bond market this week to discuss second half borrowing, sources say

2025-09-02 00:00:00

MUMBAI, Sept 1 (Reuters): India's central bank will meet bond market participants, including banks and primary dealers, later this week for their suggestions on government borrowing in the second half of the fiscal year, four treasury sources aware of the...

More investors rebel against European firms' executive pay plans

2025-09-02 00:00:00

LONDON, Sept 1 (Reuters): The number of Europe's biggest listed firms to face investor unrest over their executive pay plans rose by nearly a quarter this year, led by a jump in revolts at meetings in Spain, data from corporate...

JANATA BANK'S 'MANAGERS' INDUCTION COURSE' BEGINS

2025-09-02 00:00:00

Janata Bank Staff College, Dhaka organised a 20-day 'Managers' Induction Course' that began on Sunday. Managing Director of Janata Bank PLC Md Mazibur Rahman inaugurated the course. Some 25 officers of the bank are taking part in the course.

Sonali Bank launches fortnight-long service campaign

2025-09-02 00:00:00

Sonali Bank PLC launched a fortnight-long service campaign to create young entrepreneurs and build a new Bangladesh as part of the Youth Festival-2025 programme. MD & CEO Md. Shawkat Ali Khan inaugurated the programme at the head office conference room...

BRAC Bank recognises Anti-Money Laundering awareness champions

2025-09-02 00:00:00

BRAC Bank has recognised its Anti-Money Laundering (AML) champions amongst its coworkers through Bangladesh's first-ever AML Awareness Campaign. The bank organised a ceremony recently, celebrating 11 coworkers who embodied the values of integrity and compliance at its Head Office, with...

Southeast University signs MoU with FBCCI

2025-09-02 00:00:00

Southeast University (SEU) signed a Memorandum of Understanding (MoU) with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) held at the FBCCI office in the capital recently. Dr Bikarna Kumar Ghosh, CEO of the FBCCI Innovation and Research...

PUBALI BANK DONATES TK4M TO DHAKA NATIONAL MEDICAL INSTITUTE HOSPITAL

2025-09-02 00:00:00

Pubali Bank has donated Tk4 million to Dhaka National Medical Institute Hospital as part of its corporate social responsibility (CSR). Pubali Bank Managing Director and CEO Mr Mohammad Ali handed over the cheque to the hospital's Director Professor Brigadier General...

MODHUMOTI BANK HOLDS 137TH EC MEETING

2025-09-02 00:00:00

The 137th meeting of the executive committee (EC) of Modhumoti Bank was held on Sunday at the bank's head office in the capital. The meeting was presided by EC Chairman Mr. Salahuddin Alamgir. Among others, Mr. Mostafa Kamal, Mr. Mohammad...

BANK ASIA PARTNERS WITH SAYEMAN BEACH RESORT

2025-09-02 00:00:00

Bank Asia has signed an agreement with Sayeman Beach Resort, Cox's Bazar, to offer exclusive stay privileges for its credit cardholders. As part of this exciting collaboration, cardholders can now enjoy a special 'Buy 1 Get 2 Nights Stay' offer...

Tahsan named brand ambassador for Walton Lift

2025-09-02 00:00:00

Tahsan Khan, a popular singer and television presenter, has been appointed as the brand ambassador for Walton Lift.The announcement was made at the signing ceremony of an agreement with Tahsan at the Walton Corporate Office in the capital recently. Under...