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Young Tigers beat South Africa to clinch trophy

2025-08-12 00:00:00

Rizan Hossain came up with a sterling all-round performance as Bangladesh Under-19 team clinched the tri-nation series trophy, thrashing South Africa Under-19 by 33 runs in the tournament's final at Harare Sports Club in Zimbabwe on Monday, report agencies.The Bangladesh...

'Cluster Homes' gain popularity in Kurigram char areas as flood protection

2025-08-12 00:00:00

KURIGRAM, Aug 11 (UNB): In the flood-prone char regions of Kurigram, "cluster homes" are emerging as a beacon of hope, offering safe shelter during floods.Built as high structures through joint community efforts, these homes are providing vital protection for families...

Bogura, Habiganj road accidents kill two

2025-08-12 00:00:00

Two persons were killed in separate road accidents in Bogura and Habiganj districts on Monday and Sunday night, report agenciesIn Bogura, one person was killed and five other were injured in a road accident in Rupihar Bus Stand area under...

Marginal consumers worst sufferers amid supply shortage

OUR CORRESPONDENTS | 2025-08-12 00:00:00

Prices of almost all the vegetables have soared in local kitchen markets in Rangpur and Sylhet in the past ten days, causing immense trouble to the consumers. Low and middle-income groups among the people are particularly the worst sufferers of...

Copper hits over 1-week high on softer dollar

2025-08-12 00:00:00

Copper futures climbed on Monday to hit their highest in more than a week, aided by a softer dollar and China demand hopes, even though supply concerns eased after Codelco got the nod to restart operations at the El Teniente...

Gold prices decline ---

2025-08-12 00:00:00

Gold prices fell on Monday as investors awaited White House clarification regarding potential US tariffs on imported gold bars as well as a US inflation report that could provide an indication of the Federal Reserve's rate outlook, reports Reuters.US gold...

Malaysia's palm oil stocks rise to highest in nearly two years

2025-08-12 00:00:00

KUALA LUMPUR, Aug 11 (Reuters): Malaysia's palm oil stocks rose for a fifth consecutive month in July to their highest level in almost two years as production growth outpaced exports, data from the industry regulator showed on Monday.The rise in...

Oil edges up ahead of US-Russia talks

2025-08-12 00:00:00

LONDON, Aug 11 (Reuters): Oil prices edged higher on Monday, after falling more than 4 per cent last week, as investors looked ahead to talks this week between the US and Russia over the war in Ukraine.Brent crude futures were...

242 companies allowed to import 0.5m tonnes of rice

2025-08-12 00:00:00

In a move to control rising rice prices and stabilise the market, the government has authorised 242 private companies to import a total of 500,000 tonnes of rice, including both parboiled and uncooked varieties, reports UNB.A letter from the Ministry...

Prime Bank Investment and MAY International Sign Strategic MoU

2025-08-12 00:00:00

Prime Bank Investment Limited (PBIL), a leading and award-winning investment bank in Bangladesh and a subsidiary of Prime Bank PLC, has signed a Memorandum of Understanding (MoU) with MAY International Trade Services Limited (MAYINT), a prominent advisory and consulting firm....

Bengal Commercial Bank signs agreement with ULKASEMI

2025-08-12 00:00:00

Bengal Commercial Bank PLC and ULKASEMI Pvt. Ltd., a leading semiconductor design service company, join hands to foster mutual growth. This strategic partnership will unlock tailored banking solutions for the High Tech Industry like semiconductor. The partnership also strengthens the...

National Bank and Mastercard Honour Top Card Users

2025-08-12 00:00:00

National Bank PLC and Mastercard Bangladesh jointly organised an event to honour the top credit card users of the "Mastercard Holiday Campaign 2025" on Sunday. Abdul Awal Mintoo, Chairman of National Bank PLC, was present as the chief guest while...

Premier Bank Holds Half-Yearly Business Review Meeting in Rajshahi

2025-08-12 00:00:00

The Premier Bank PLC recently organised its 'Half-Yearly Business Review Meeting 2025' at a hotel in Rajshahi. Mohammad Abu Jafar, Managing Director & CEO of the bank, was present as the chief guest and Shamsuddin Chowdhury, Additional Managing Director; Sayed...

NBR exempts foreigners from online tax filing

2025-08-12 00:00:00

Foreign nationals working in Bangladesh will not be required to submit their income tax returns online.In a special order for the financial year 2025-26 issued on Monday, the National Board of Revenue said paper returns would be accepted in five...

NRB Bank launches two products

2025-08-12 00:00:00

On the occasion of its 12th anniversary, NRB Bank PLC has officially launched two innovative products - NRB Nishchoyota and NRB Easy.Tarek Reaz Khan, Managing Director & CEO, along with Deputy Managing Directors Md Shaheen Howlader, Md. Ali Akbar Faraji,...

Further US tariff cut likely under deal being negotiated

FE REPORT | 2025-08-12 00:00:00

Bangladesh has negotiated an agreement with the US that allows its next elected government to amend or cancel it, if necessary, and that may yield further tariff cuts. Disclosing major provisions of the deal to businesses in Dhaka on Monday,...

India plans credit guarantees for small firms, exporters hit by US tariffs

2025-08-12 00:00:00

NEW DELHI/MUMBAI, Aug 11 (Reuters): India is planning to provide credit guarantees for loans overdue up to 90 days to small businesses and exporters, amid higher tariffs imposed by the US, two government sources told Reuters.The federal finance ministry has...

MERCANTILE BANK STARTS FOUNDATION training programmes

2025-08-12 00:00:00

Mercantile Bank started two different foundation training programmes for its newly recruited management trainee officers, MTO (IT) and MTO (Law) respectively at Bangladesh Institute of Bank Management (BIBM). Some 20 MTOs (IT) participated in the training that started on July...

PRIME BANK INKS DEAL WITH TROPICAL HOMES

2025-08-12 00:00:00

Prime Bank recently signed a strategic agreement with Tropical Homes at its corporate office in Gulshan, enabling the bank's customers to enjoy exclusive benefits from the renowned real estate company. The collaboration aims to offer special privileges, value-added services and...

BEZA hands over 12.5 acres land to China Lesso Group

2025-08-12 00:00:00

The Bangladesh Economic Zones Authority (BEZA) has officially handed over some 12.5 acres of land to China Lesso Group in the National Special Economic Zone (EZ), reports BSS.Earlier on September 19, 2024, the land lease agreement was signed in this...

CCCI election set for Nov 1

OUR CORRESPONDENT | 2025-08-12 00:00:00

CHATTOGRAM, Aug 11: The election to the board of directors of the Chittagong Chamber of Commerce and Industry (CCCI), the country's oldest trade body, will be held on November 1 for the 2025-26 and 2026-27 terms.The election schedule was announced...

IPDC joins Bangladesh Bank's national drive for women's financial inclusion

2025-08-12 00:00:00

IPDC Finance PLC participated in the Divisional Workshop on Women's Financial Inclusion, organised by Bangladesh Bank at the Safina Park Auditorium in Godagari, Rajshahi. The workshop was held in line with the National Financial Inclusion Strategy, focusing on accelerating financial...

Rashida Banu joins BGIC as AMD

2025-08-12 00:00:00

Rashida Banu has joined Bangladesh General Insurance Company PLC (BGIC) as Additional Managing Director recently, says a press release. Prior to her joining BGIC, she had been serving Reliance Insurance Limited as Deputy Managing Director. Mrs Banu, who obtained MSS...

Danish envoy discusses infrastructure collaboration with PPPA

2025-08-12 00:00:00

The Ambassador of Denmark to Bangladesh, Christian Brix Møller, paid a courtesy call on the Chief Executive Officer (Secretary) of the Public Private Partnership Authority (PPPA) Muhammad Rafiqul Islam at its Agargaon office in Dhaka on Monday.The meeting featured a...

China’s Kaixi Group to invest $40m in BD

2025-08-12 00:00:00

Chinese investor Kaixi Group has signed a fresh agreement to invest US$40.05 million in an intimate garments and accessories manufacturing facility at the BEPZA Economic Zone (BEPZA EZ), marking its second major investment in the zone, reports UNB.The agreement was...

Indian equity MF inflows soar to record high in July

2025-08-12 00:00:00

Fund flows into India's equity mutual funds soared to a record last month, industry data showed on Monday, as local investors bought the market dip triggered by US-India trade uncertainty and muted corporate earnings, reports Reuters.Net flows into equity schemes...

Syed Zulkar Nayen joins Bank Asia as DMD

2025-08-12 00:00:00

Syed Zulkar Nayeen has joined Bank Asia as deputy managing director (D) & head of Retail Banking on August 7, according to a press statement.With more than 24 years of distinguishd experience in leading local and multinational banks, Mr. Zulkar...

Mamdudur Rashid elected as ABB vice chair, Mohammad Maroof as treasurer

2025-08-12 00:00:00

The Association of Bankers Bangladesh (ABB) in its 177th meeting of the board of governors has elected Mohammad Mamdudur Rashid, managing director & CEO of United Commercial Bank, as vice chairman of ABB, while Sheikh Mohammad Maroof, managing director &...

Modhumoti Bank reappoints Shafiul Azam as CEO

2025-08-12 00:00:00

Md. Shafiul Azam has been reappointed as the managing director (MD) and chief executive officer (CEO) of Modhumoti Bank for the next three years, according to a press statement.Mr Azam joined Modhumoti Bank in 2014 as an additional managing director...

MTB named best digital bank for 2nd year

2025-08-12 00:00:00

Mutual Trust Bank PLC (MTB) has been named Bangladesh's Best Digital Bank for the second year in a row by Euromoney, one of the world's most respected financial publications, in its Awards for Excellence 2025. The award recognizes MTB's sustained...