NBR official Mitu suspended over misconduct in record handover

The National Board of Revenue (NBR) on Monday suspended its official Jannatul Ferdous Mitu and made her an officer on special duty, as assistant tax commissioner of Tax Zone-5, Dhaka, following allegations of serious misconduct in handling over confidential documents.An...

Rongdhanu Group owner’s assets seized

The Criminal Investigation Department (CID) has seized assets worth Tk 330 million, including a luxury hotel owned by Rafiqul Islam, proprietor of owner's assets seized on charges of fraud, forgery, and laundering funds.The seizure, carried out under a court order,...

Academic environment, student union poll process in disarray

Three major university campuses outside Dhaka continue to witness intensifying unrest in recent times, seriously disrupting regular academic activities and student-union-election process.Several incidents of clashes have taken place in the last few days, a cause for grave concern, as student...

ACC to sue Putul, 34 others in Tk 4.48b embezzlement case

The Anti-Corruption Commission (ACC) has decided to file a case against Saima Wazed Putul, daughter of ousted prime minister Sheikh Hasina, and 34 others.They are accused of embezzling Tk 4.48 billion through a fake organisation called Suchona Foundation, which collected...

BNP rises like a phoenix after repeated destruction threats, says Fakhrul

Time and again the Bangladesh Nationalist Party (BNP) has faced threats of being destroyed, but it has risen like a phoenix bird, BNP Secretary-General Mirza Fakhrul Islam Alamgir said on Monday.He told the media after paying tributes to party founder...

BD seeks $1.5b from AIIB to strengthen climate policies

Bangladesh has sought US$1.5 billion in credit from the Asian Infrastructure Investment Bank (AIIB) under its climate policy-based budget-support programme, officials said.The proposed budget support aims to strengthen climate policies as part of government measures for pursuing sustainable development objectives.As...

Remittances up 8.9pc to $2.42b in August

Bangladesh received $2.42 billion in remittances in August 2025, an 8.9-percent increase from $2.22 billion in August 2024, reflecting a steady growth in migrant workers' contributions.According to Bangladesh Bank (BB) data, cumulative inflows reached over $4.9 billion during July-August in...

Vanilla may become BD's new cash crop soon

Vanilla could soon become a new cash crop for Bangladesh as six years of research by the Bangladesh Agricultural Research Institute (BARI) has confirmed its feasibility under local weather conditions.Vanilla beans are one of the world's most expensive spices, widely...

Prayer Timings (2025-09-02)

Post-LDC graduation pressure among structural challenges for economy: Experts

Experts have identified five long-standing structural challenges facing Bangladesh's economy, cautioning that these could undermine the country's growth prospects.The five challenges are post-least developed country (LDC) graduation pressure, lack of diversification, inefficient trade facilitation, low investment, and weak global value-chain...

Steelmakers struggle amid demand slump

Steelmakers across Bangladesh struggle to keep afloat mainly for demand slump amid economic slowdown, political uncertainly and sluggish construction works especially in public sector, insiders say and seek remedies.They have said large-scale millers have substantially scaled down price as a...

Afghan earthquake kills 800, injures at least 2,800

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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...