United Commercial Bank (UCB) has ruled out any discussion regarding a possible merger, saying that no such initiative is under consideration by either Bangladesh Bank (BB) or the bank itself.The country's first-generation private commercial bank (PCB) also reaffirmed that there...
The remittance inflow to Bangladesh has surpassed $10 billion in the first four months (July-October) of the 2025-26 fiscal year, reports UNB.According to information provided on Thursday by Bangladesh Bank's Assistant Spokesperson Shahriar Siddiqui, the remittance inflow exceeded $10 billion...
FE REPORT | 2025-10-31 00:00:00
The National Board of Revenue (NBR) has extended the deadline for individual taxpayers to apply for permission to file their income-tax returns in paper form until November 15, pushing back the original deadline of October 31.Under the current fiscal year's...
The government has issued a set of directives under Section 17 of the Bangladesh Water Act 2023 to ensure proper management of water resources in water-stressed areas across the country, reports UNB.The Ministry of Water Resources issued a gazette notification...
FE REPORT | 2025-10-31 00:00:00
The Election Commission (EC) on Thursday unveiled a revised list of 119 electoral symbols, now incorporating the 'Water Lily Bud' (Shapla Koli).A revision to the election regulations was issued in this connection in a notice signed by EC Secretary Akhtar...
The Bangladesh Financial Intelligence Unit (BFIU) of the Bangladesh Bank (BB) has frozen three bank accounts linked to a substantial fraud involving National Savings Certificates (NSC), reports BSS.Officials confirmed today that the BB has launched a probe into the scam.A...
Dhaka Mass Transit Company Limited (DMTCL) is giving a job to the wife of Abul Kalam, who died in Farmgate after a bearing pad from the metro rail fell on him, reports bdnews24.com.DMTCL Managing Director Faruque Ahmed said on Thursday...
MUNIMA SULTANA | 2025-10-31 00:00:00
The recent Dhaka metro-rail bearing-pad accident has had little impact on overall ridership, as most passengers continue to use the service due to a lack of alternatives.However, analysts say the incident's effects are visible in operational disruptions, resulted a temporary...
JASIM UDDIN HAROON | 2025-10-31 00:00:00
Bangladesh is taking steps to set up a national actuarial institute to build a pool of qualified professionals capable of assessing and managing complex financial and insurance-related risks.The move, led by the Insurance Development and Regulatory Authority (IDRA), seeks to...
Modern architecture in Bangladesh has embraced glass for aesthetic and practical benefits. The increasing use of glass in the design of shopping malls, offices, and homes enhances both aesthetics and functionality, as seen in this photo taken in Gulshan area...
National Citizens Party (NCP) chief coordinator Nasiruddin Patwary on Thursday urged the government to hold elections by February to save the country from a 'civil war-like situation'."The country is heading toward a different kind of situation. Announce elections for February....
Eight political parties, including Bangladesh Jamaat-e-Islami, Islami Andolon Bangladesh and Khelafat Majlish, Thursday submitted separate memorandums to Chief Election Commissioner (CEC) A M M Nasir Uddin for holding a referendum in November to give the July National Charter a legal...
FE REPORT | 2025-10-31 00:00:00
The Bangladesh Nationalist Party (BNP) has categorically rejected the National Consensus Commission's proposal to hold a referendum on constitutional reforms before the national election, calling it undemocratic, impractical, and coercive.Speaking at a press conference at the BNP Chairperson's Office in...
JAHIDUL ISLAM | 2025-10-31 00:00:00
The Implementation Monitoring and Evaluation Division (IMED) under the Planning Ministry has found serious irregularities, fund misuse, and mismanagement in the project to construct the head office of Padma Oil Company Limited in Chattogram, which has remained incomplete for over...
M AZIZUR RAHMAN | 2025-10-31 00:00:00
China's state-owned oil- and gas-exploration-company Sinopec is poised to secure a contract to drill five new gas wells on gas-rich Bhola island, as Bangladesh moves to ramp up domestic production of the fuel amid mounting energy demand.Bangladesh Petroleum Exploration and...
FE REPORT | 2025-10-31 00:00:00
Chief Adviser of the post-uprising government Prof Muhammad Yunus takes on the onus of deciding when the referendum will be held as squabbling political parties stand divided on the timing.Law Adviser Dr Asif Nazrul apprised journalists at press briefing of...
JUBAIR HASAN | 2025-10-31 00:00:00
An equity-backed public limited company comes up shortly with a Tk 20-billion authorised capital for startup financing to facilitate promising economic ventures in the country, sources say.With eight shareholders, the company is being initially formed with the contribution from 52...
HONG KONG, Oct 30 (AFP): Asian stocks were subdued Thursday morning, with investors closely watching talks between the leaders of the United States and China for potential breakthroughs to defuse a damaging trade war.Presidents Donald Trump and Xi Jinping met...
A public hearing was held at the headquarters of Bangladesh House Building Finance Corporation (BHBFC) in Dhaka on Wednesday as part of its ongoing Customer Service Fortnight. The public hearing was chaired by Md. Abdul Mannan, Managing Director of BHBFC....
Janata Bank PLC held a meeting of the Asset-Liability Management Committee (ALCO) at the bank's head office on Thursday, with the bank's Managing Director Md Mazibur Rahman in the chair. Deputy Managing Directors Md. Golam Mortuza, Md. Nazrul Islam, and...
The 906th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by Committee chairman Akkas Uddin Mollah. Members of the Committee...
UCB Investment Limited signed an agreement with Brain Station 23 to act as its issue manager, as the software services company in Bangladesh will venture into the capital market with its upcoming initial qualified investor offer. Tanzim Alamgir, managing director...
Pubali Bank's ICT Operation Division recently organised a virtual workshop on cyber security awareness. Mohammad Ali, managing director & CEO of Pubali Bank, inaugurated the workshop as chief guest and delivered a speech on overview on security roadmap of Pubali...
Artificial intelligence (AI) is no longer just about ChatGPT, Gemini, Grok, or Perplexity; in an age charged with the excitement of the Fourth Industrial Revolution, billions of dollars are being poured into AI and automation as global tech giants compete...
United Finance PLC held its 235th board meeting on Wednesday, where the financial results for the third quarter of 2025 were approved. The company reported a 6 per cent year-on-year growth in net profit for the first nine months of...
FE REPORT | 2025-10-31 00:00:00
The Anti-Corruption Commission (ACC) has decided to file a case against Md Rakibul Hasan, a former official of Robi Axiata Limited, on charges of acquiring illegal wealth and hiding information about his assets.ACC Deputy Director Md. Akhtarul Islam on Thursday...
FE REPORT | 2025-10-31 00:00:00
Eastern Bank's non-performing loans stood at just 3.07 per cent at the end of September this year, far below the industry average of over 27 per cent as of June."Strong focus on asset quality has driven the bank to achieve...
FE REPORT | 2025-10-31 00:00:00
IDLC Finance reported a 34.78 per cent year-on-year rise in profit to Tk 0.68 billion for the third quarter ending in September this year, driven by higher investment income.The company is among the few non-bank financial institutions (NBFIs) that have...
BABUL BARMAN | 2025-10-31 00:00:00
Well-performing banks offset a year-on-year decline in net interest income in the nine months through September with higher returns from investments in government securities.Market-based interest rates helped lenders earn more in interest during the period compared to the same period...
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