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Trump to ask SC for 'quick ruling' in tariff appeal

2025-09-04 00:00:00

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...

Rice prices maintain downward trend in Ctg wholesale markets

2025-09-04 00:00:00

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,...

BB signs deals with 20 banks, FIs to boost startup financing

2025-09-04 00:00:00

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...

bKash clinches Data Impact Awards

2025-09-04 00:00:00

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...

Global apparel buyers urge BGMEA to expedite shipments to India through land ports

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...

Dollar drops against peers, euro gains

2025-09-04 00:00:00

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...

7th World Fair & Fest in US to open new avenues for BD businesses

2025-09-04 00:00:00

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...

US limits TSMC chipmaking tool shipments to China

2025-09-04 00:00:00

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...

Correction_2025-09-04

2025-09-04 00:00:00

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...

Asia markets down as gold hits fresh high

2025-09-04 00:00:00

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...

IDRA signs group insurance agreement with Pragati Life Insurance

2025-09-04 00:00:00

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 hosts training programme on 'Money Laundering Prevention'

2025-09-04 00:00:00

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...

PAID-UP CAPITAL OF BANGLADESH DEVELOPMENT BANK RAISED

2025-09-04 00:00:00

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 HOSTS FINANCIAL INCLUSION SEMINAR AT IUB

2025-09-04 00:00:00

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, MASTERCARD LAUNCH CREDIT CARD FOR GYC MEMBERS

2025-09-04 00:00:00

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 joins hands with Islami Bank to prepare EMV-compliant card services

2025-09-04 00:00:00

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 chairman announces plan to sell all his shares

2025-09-04 00:00:00

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...

BD, Pakistan move to restore direct flights

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...

Renata introduces fludrocortisone tablets to UK

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...

Walton FY25 profit declines amid higher costs

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...

Regulator to define 'Public Interest Entity' to force listings

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...

Motorcyclist killed in road crash -

2025-09-04 00:00:00

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...

Two get life term in Bhola murder case

2025-09-04 00:00:00

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...

Army detects KNA training camp in Ruma

2025-09-04 00:00:00

The Bangladesh Army has detected a training camp operated by the armed group known as the Bawm Party, which identifies itself as the Kuki National Army (KNA), in a remote area of Bandarban's Ruma upazila, reports UNB.The camp was detected...

Villagers suffer acutely for want of a permanent bridge

OUR CORRESPONDENT | 2025-09-04 00:00:00

SYLHET. Sept 2: The authorities have failed to construct a new bridge on Sadar Bajitpur-Raghurampur canal in Sunamganj even three years after damage of the original bridge there. The absence of a bridge at the busy public place is causing...

Ashwin in line for historic Big Bash League debut

2025-09-04 00:00:00

Ravichandran Ashwin could become the first Indian star to play in Australia's Big Bash League, with Cricket Australia confirming talks with the veteran spinner, reports UNB.CA chief executive Todd Greenberg said he personally reached out to Ashwin after the 38-year-old...

Saudi rolls out blockbuster events calendar with Ronaldo

2025-09-04 00:00:00

The Saudi Tourism Authority (STA) has launched its latest global campaign under its consumer brand, "Saudi, Welcome to Arabia," starring football superstar Cristiano Ronaldo, reports UNB.Titled "I Came for Football, I Stayed for More," the campaign aims to position Saudi...

Ferdinand says 'nice guys don't win' after Isak transfer saga

2025-09-04 00:00:00

HONG KONG, Sept 3 (AFP): Players should not be vilified for forcing through transfer moves, former England star Rio Ferdinand told AFP on Wednesday following the Alexander Isak saga, adding: "Nice guys don't win."Isak is public enemy number one at...

European heavyweights belatedly begin World Cup qualifying

2025-09-04 00:00:00

PARIS, Sept 3 (AFP): With the next World Cup kicking off in just over nine months, European champions Spain and some of the continent's other heavyweights finally begin their qualifying campaigns this week.France, Germany and Portugal are also only just...

Djokovic sets up Alcaraz US Open blockbuster

2025-09-04 00:00:00

NEW YORK, Sept 3 (AFP): Novak Djokovic advanced to a blockbuster US Open showdown with Carlos Alcaraz on Tuesday as reigning women's champion Aryna Sabalenka vaulted into the semi-finals without having to lift her racquet.Djokovic snuffed out Taylor Fritz's hopes...