FE REPORT | 2025-09-04 00:00:00
The Appellate Division (AD) of the Supreme Court (SC) on Wednesday cleared the way for holding the Dhaka University Central Students' Union (DUCSU) election as per its declared schedule. The apex court upheld until October 30 this year its chamber...
FE REPORT | 2025-09-04 00:00:00
Two banks have so far said they are willing to accept the mergers and acquisitions (M&A) bailout but EXIM Bank disagrees to espouse such a sink-or-swim revival recipe launched by the regulator for banking-sector overhaul.The crisis-ridden First Security Islami Bank...
Shahjalal Islami Bank has signed a participation agreement with Bangladesh Bank under the 'Startup Refinance Scheme' designed to increase investment in entrepreneurship development and startup initiatives. Director (Current Charge) of SME and Special Programs Department of Bangladesh Bank Mohammad Mostafizur...
Modhumoti Bank PLC and Bangladesh Bank have signed a participation agreement to access funds from Tk 5.0 billion 'Start-up Refinance Scheme', aimed at providing low-interest loans to technology-driven start-up enterprises. Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank,...
Mercantile Bank PLC has joined Bangladesh Bank's Tk 5 billion startup refinancing fund to support innovation and foster new entrepreneurs across the country. A participation agreement has been signed between Bangladesh Bank and Mercantile Bank in this regard. Mercantile Bank...
Eastern Bank (EBL) organised a special event at their head office in Dhaka recently to congratulate SME Women Entrepreneurs who received incentive from Bangladesh Bank for successful repayment of their loans from the 'Small Enterprise Refinance Scheme for Women Entrepreneurs'....
NCC Bank PLC and Meghna Life Insurance Company Ltd have recently signed a strategic Memorandum of Understanding (MoU) at the bank's Head Office. Under this agreement, all regular home loan borrowers of NCC Bank will automatically be brought under life...
WASHINGTON, Sept 3 (AFP) : US President Donald Trump said Tuesday that he plans to seek a swift ruling from the Supreme Court as his administration pushes to overturn a court decision that found many of his tariffs illegal."We're going...
CHATTOGRAM, Sept 3 (BSS): After three months of price volatility, rice prices in major wholesale markets in Chattogram have started declining by Taka 5-Taka 8 per kilogram.During a visit to prime wholesale markets in the port city including Ckatai Chapatti,...
Bangladesh Bank has signed participation agreements with 16 scheduled banks and four financial institutions under its Tk 5.0 billion refinance fund to expand low-cost loans and investments for startup entrepreneurs, reports UNB.Governor Dr Ahsan H Mansur joined the signing ceremony...
Providing secure and innovative services to customers by leveraging big data and real-time data-driven technology, bKash has won internationally acclaimed 'Data Impact Award' presented by Cloudera, an US-based big data technology company.This year, Bangladesh's largest mobile financial service (MFS) provider...
MONIRA MUNNI | 2025-09-04 00:00:00
A number of garment buyers who have stores in India and source products from Bangladesh have sought support from the apparel apex body BGMEA to expedite shipments from Bangladesh to the neighbouring country, especially through land ports. India in May...
NEW YORK, Sept 3 (Reuters): The US dollar extended losses against major currencies, including the yen, Swiss franc, and euro, on Wednesday after economic data showed weakening labor demand, strengthening market hopes for an upcoming Federal Reserve interest rate cut.The...
The 7th World Fair & Fest 2026 is set to take place on October 24-25 at the Tampa Convention Center, Florida, USA, bringing together global leaders in business, culture, innovation, and youth entrepreneurship, reports UNB.Association of World Fair And Fest...
WASHINGTON, Sept 3 (AFP): President Donald Trump's administration has revoked Taiwanese semiconductor giant TSMC's authorization to export US chipmaking equipment to China without a license, further restricting access to US technology in the country.The move comes as the US Commerce...
The FE mistakenly cited Abidur Rahman Chowdhury as managing director of Southeast Bank in a photo caption published in the newspaper's September 3 issue. Mr Chowdhury is currently serving as managing director (current charge) of the bank. The error is...
HONG KONG, Sept 3 (AFP): Asia markets were down on Wednesday while gold extended its six-day rally after reaching a record high as investors sought safe havens following a selloff in equity and bond markets.Bullion for immediate delivery hit a...
Insurance Development and Regulatory Authority (IDRA) has recently signed a group life & health insurance agreement with Pragati Life Insurance PLC. Dr. M Aslam Alam, Chairman of IDRA, and Md. Jalalul Azim, Managing Director & CEO of Pragati Life, signed...
Community Bank Bangladesh PLC has recently organised a training programme on 'Prevention of Money Laundering: Practical Aspects and Case-Based Analysis' at its Head Office, Police Plaza Concord, Gulshan, Dhaka. The session was designed to enhance officials' capacity in tackling money...
The paid-up capital of the state-owned Bangladesh Development Bank PLC has been raised from Tk 4.0 billion to Tk 6.0 billion. Paper shares worth Tk 2.0 billion, equivalent to 20 million shares, were handed over to Dr. Md Khairuzzaman Mozumder,...
Prime Bank, Independent University, Bangladesh (IUB), and the institution's Department of Human Resource Management and Independent HR Society organised at IUB campus a seminar for youth's financial inclusion. The programme was held under the banner of PrimeAcademia-Prime Bank's banking service...
Dhaka Bank in partnership with Mastercard unveiled an exclusive co-branded credit card for members of Gulshan Youth Club Limited (GYC) at a ceremony held at Radisson Blu Dhaka recently. A K M Shahnawaj, managing director (current charge), Dhaka Bank; Humayun...
KONA Software Lab Ltd., a payment and security solutions company, has announced successful implementation of its Kona Card Personalisation System (K-CPS) for Islami Bank Bangladesh PLC, one of the largest commercial banks in the country.This global platform-compliant EMV card personalisation...
Islami Bank Bangladesh PLC Chairman and Independent Director M Zubaidur Rahman has announced his plan to sell all shares registered under his name through the Dhaka Stock Exchange (DSE), reports UNB.According to a disclosure published on the DSE website, Zubaidur...
FE REPORT | 2025-09-04 00:00:00
Senior officials of the Civil Aviation Authority of Bangladesh (CAAB) and the Pakistan Civil Aviation Authority (PCAA) have expressed interest in resuming direct flights between the two countries to boost trade, tourism, and people-to-people contacts.A discussion was held on Wednesday...
FE REPORT | 2025-09-04 00:00:00
Renata has launched Fludrocortisone 0.1mg tablets in the UK market, marking a significant milestone in its export portfolio.Fludrocortisone is a synthetic corticosteroid (anti-inflammatory hormone) used as replacement therapy for Addison's disease and for treating salt-losing adrenogenital syndrome, conditions where the...
FE REPORT | 2025-09-04 00:00:00
Walton Hi-Tech Industries' profit dropped 23.5 per cent year-on-year to Tk 10.37 billion in FY25 due mainly to lower sales and higher finance costs.The electronic and home appliance giant's earnings per share (EPS) fell to Tk 34.22 for the year...
MOHAMMAD MUFAZZAL | 2025-09-04 00:00:00
The securities regulator has moved to define 'Public Interest Entity (PIE)' to make it legally binding for all companies, including state-owned enterprises (SoEs) and multinational companies (MNCs), to go public if they meet the specified conditions.The move comes against the...
MADARIPUR, Sept 03 (BSS): A motorcyclist was killed in a road accident on the Dhaka-Bhanga Expressway at Shibchar upazila of the district on Wednesday.The deceased was Mashiur Rahman, 40, son of Mostafizur Rahman of Burir Hat area in ??Barishal district.The...
BHOLA, Sept 03 (BSS): A court on WEdnesday sentenced two people to life term imprisonment in a murder case at Char Fashion upazila of the district in 2018.Judge of District and Sessions Judge Court Md. Shahidul Islam delivered the verdict...
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