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Abnormal price hikes making life difficult: CAB

2026-03-16 00:00:00

Speakers at a protest rally on Sunday expressed grave concern over the proliferation of adulterated products and the abnormal price hikes of essential commodities, stating that these factors have made life unbearable for the common people, reports UNB.The Consumers Association...

Tk 2.77tn distributed among over 40m clients in FY 25: MRA

2026-03-16 00:00:00

Under the initiative of the Microcredit Regulatory Authority (MRA), a regional seminar titled "Bank-MFI Linkage" was held at the auditorium of Gram Unnayan Karma (GAK), a microfinance institution based in Bogura, on Saturday.Chief Executive Officers from 68 MRA-licensed microfinance institutions...

BSEC, ADB discuss strategies to boost capital market to 40pc of GDP

2026-03-16 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) and the Asian Development Bank (ADB) have charted a transformative course to quadruple the size of the national capital market, aiming to elevate its contribution from the current 10 percent of GDP to...

Restore 20pc cash incentive for handicraft exports

FE REPORT | 2026-03-16 00:00:00

The Ministry of Industries has submitted a proposal to restore a 20 per cent cash incentive on handicraft exports, responding to a request from industry representatives seeking stronger policy support for the sector.In an official communication issued on March 3,...

32.34pc factories fail to pay wages for February

FE REPORT | 2026-03-16 00:00:00

About 32.34 per cent or 3,266 industrial units, including readymade garment (RMG) factories operating across the country under the jurisdiction of Industrial Police (IP) failed to pay wages for the month of February until Sunday as per the government instruction.On...

Tesla's mega AI chip fab project to launch in seven days

2026-03-16 00:00:00

Tesla CEO Elon Musk said on Saturday that the company's Terafab project to make artificial intelligence chips will launch in seven days, reports Reuters.Musk had said last year that Tesla probably will have to build "a gigantic chip fab" to...

DBL Ceramics wins award at Spikes Asia

2026-03-16 00:00:00

DBL Ceramics has won a Bronze Award in the Creative B2B category at Spikes Asia 2026, one of Asia's largest and most prestigious creative communications festivals. With this achievement, DBL Ceramics becomes the first Bangladeshi ceramics brand to receive recognition...

SHAHJALAL ISLAMI BANK DONATES TK1.0M TO THALASSAEMIA HOSPITAL

2026-03-16 00:00:00

To facilitate better treatment for poor Thalassaemia patients, Shahjalal Islami Bank donated Tk 1.0 million to Bangladesh Thalassaemia Hospital. Mosleh Uddin Ahmed, managing director of the bank, handed over a cheque to Dr. A. K. M Ekramul Hossain Swapan, executive...

CITY BANK COMMITS TO SWIFT FRAMEWORK FOR IMPROVED INT'L PAYMENT EXPERIENCE

2026-03-16 00:00:00

City Bank committed to adopt a new Swift framework to improve customers' cross-border payment experience, which includes ensuring realtime payment tracking. Swift announced on March 5 that a number of banks will be adopting the framework by the end of...

AB BANK INAUGURATES ITS RELOCATED PROGATI SARANI BRANCH

2026-03-16 00:00:00

AB Bank recently relocated its Progati Sarani branch to Areeb Tower, 48, Progati Sarani Road, Block-J, Baridhara, Bhatara, Dhaka. Reazul Islam, managing director & CEO (acting), inaugurated the new premises with all modern banking facilities. Golam Mahmud Rizvi, head of...

MODHUMOTI BANK INVESTS IN BANGLADESH STARTUP INVESTMENT COMPANY

2026-03-16 00:00:00

In an effort to facilitate financial investment for startup entrepreneurs, Modhumoti Bank has invested about Tk 61.37 million in Bangladesh Startup Investment Company. Recently, Md. Shafiul Azam, managing director & CEO of Modhumoti Bank, formally handed over the equity investment...

Kayesh Chowdhury joins Bank Asia as DMD

2026-03-16 00:00:00

Kayesh Chowdhury joined Bank Asia as deputy managing director (DMD) and zonal head - Chattogram, effective from March 11, according to a press release.Prior to joining Bank Asia, he served BRAC Bank as senior executive vice president and head of...

Market falls, snapping 4-day recovery amid geopolitical tension

FE REPORT | 2026-03-16 00:00:00

The market plummeted on Sunday, snapping a four-day recovery streak, as investors were largely reluctant to make fresh investments ahead of the Eid vacation amid ongoing geopolitical tensions.There is only one trading session [on Monday] remaining before the Eid holidays....

Olympic turns to solar power as country strides to secure energy supply

BABUL BARMAN | 2026-03-16 00:00:00

Olympic Industries has announced plans to install rooftop solar power plants at three of its factories to support manufacturing with clean energy amid global fuel supply disruptions triggered by the escalating Iran-Israel war.The branded biscuit manufacturer has signed an agreement...

Malaysian palm oil posts weekly gain

2026-03-16 00:00:00

JAKARTA, Mar 15 (Reuters): Malaysian palm oil futures rose on Friday and logged a second consecutive week of gains, as a surge in crude oil prices amid the Middle East conflict boosted demand for biodiesel feedstock.The benchmark palm oil contract...

Asian rice markets face cost pressures as ME war lifts fuel prices

2026-03-16 00:00:00

Rice markets across Asia are facing mounting cost pressures as rising local fuel prices and shortages -- triggered by the ongoing Middle East conflict -- drive up expenses, multiple Asia-based market sources told Platts, part of S&P Global Energy.While weak...

Spot LNG prices remain elevated due to US-Iran conflict

2026-03-16 00:00:00

SINGAPORE, Mar 15 (Reuters): Asia spot liquefied natural gas prices edged down along with other energy prices in the past week, but remain elevated as Asia and Europe remain in competition for cargoes due to shipping disruption and QatarEnergy's halt...

Debutant Mokoena stars as SA rip NZ to shreds

2026-03-16 00:00:00

MOUNT MAUNGANUI, New Zealand, Mar 15 (AFP): A new-look South Africa scythed through New Zealand's batting lineup to comfortably win Sunday's first Twenty20 international by seven wickets, with 20 balls to spare.The visitors' seam attack proved unplayable early on as...

Japan thrash Philippines to reach Women's Asian Cup semis

2026-03-16 00:00:00

SYDNEY, Mar 15 (AP): Toko Koga headed in two goals as Japan routed Philippines 7-0 on Sunday to advance to the Women's Asian Cup semifinals and secure a spot in next year's World Cup in Brazil.The 20-year-old Tottenham defender scored...

Ex- Pakistan skipper Sarfaraz retires from int’l cricket

2026-03-16 00:00:00

Former Pakistan captain Sarfaraz Ahmed has announced his retirement from international cricket, bringing the curtain down on a career that spanned nearly two decades and included one of Pakistan's most memorable white-ball triumphs, according to Cricbuzz.The Karachi-born wicketkeeper-batter, who made...

Salman Agha reprimanded after run out controversy

2026-03-16 00:00:00

The International Cricket Council (ICC) has reprimanded Pakistan batter Salman Agha for his reaction to a controversial run-out in the second One-Day International against Bangladesh in Dhaka on Friday, reports Reuters.Short of his crease at the non-striker's end, Agha was...

Fahad, Subroto take joint lead

2026-03-16 00:00:00

International Master (IM) Mohammad Fahad Rahman of Bangladesh Ansar and FIDE Master Subrota Biswas of Dhaka University took joint lead in the points table after the seventh round with 6.5 points in the SSPL International FIDE Rating Chess tournament held...

Spain-Argentina Finalissima in Qatar cancelled

2026-03-16 00:00:00

BARCELONA, Mar 15 (AFP): The 'Finalissima' clash between Euro 2024 winners Spain and world champions Argentina set to take place on March 27 in Qatar has been cancelled, UEFA said on Sunday.The European football governing body said in a statement...

Bangladesh's Taskin Ahmed celebrates-

2026-03-16 00:00:00

Bangladesh's Taskin Ahmed celebrates after the dismissal of Pakistan's Sahibzada Farhan during the third ODI at Sher-e-Bangla National Stadium in Mirpur on Sunday-AFP

Sudden rain deals fresh blow to Rangpur potato farmers

2026-03-16 00:00:00

RANGPUR, Mar 15 (UNB): A sudden spell of rain and gusty winds has dealt a fresh blow to potato farmers in Rangpur division, who were already struggling with a sharp fall in market prices.Heavy rainfall on Thursday and Friday inundated...

Clash over soil cutting leaves one dead in Feni

2026-03-16 00:00:00

FENI, Mar 15 (UNB): A man was killed in a clash between two groups of villagers over soil cutting in Chhagalnaiya upazila of Feni district early Sunday.The deceased was identified as Abu Ahmed alias Hona Mia, 37, son of Abul...

Staff shortage disrupts operation of Cumilla poultry breeding farm

A CORRESPONDENT | 2026-03-16 00:00:00

CUMILLA, Mar 15: Severe staff shortage left Cumilla's only government-run poultry breeding and development farm struggling to maintain routine operations, with more than half of its sanctioned positions lying vacant.Established in 1956 in the South Chartha area of Cumilla city,...

Early fruiting kindles hope of plentiful mango harvest

OUR CORRESPONDENT | 2026-03-16 00:00:00

RAJSHAHI, Mar 15: Early signs of mango fruiting have begun to appear in orchards across the Rajshahi region, raising hopes of a bountiful harvest this season. In the first week of March, small mango fruits-locally known as 'guti'-have been spotted...

Cuba frees 14 held over July 2021 protests: NGO

2026-03-16 00:00:00

HAVANA, Mar 15 (AFP): An NGO said Saturday that Cuban authorities had released 14 people detained after massive anti-government protests in July 2021, a day after saying just two people had been freed.Their release, confirmed by the Miami-based Cubalex, is...

Venezuela opposition leader denounces 'selective' amnesty

2026-03-16 00:00:00

CARACAS, Mar 15 (AFP): Venezuelan opposition leader Maria Corina Machado on Saturday accused the Caracas government of "selective justice" under its amnesty program, saying her own lawyer had yet to be released.The amnesty law was passed by interim leader Delcy...