Bangladesh's foreign exchange reserves stood at US$32.18 billion on Monday.However, as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6),Bangladesh's foreign exchange reserves stood at $27.38 billion, according tothe latest data...
The Council of Advisers of the interim government will continue to perform its regular duties until it hands over responsibility to the elected government, the government said in a statement on Monday.It also said that meetings of the Council will...
Former Chairman of Fareast Islami Life Insurance Limited Md. Nazrul Islam during a five-day remand has confessed acquiring of huge illegal wealth and laundering money abroad by himself and his family members.ACC Deputy Director (Public Relations) Md. Akhtarul Islam told...
FE REPORT | 2025-10-28 00:00:00
The government will import up to 1.42 million tonnes (mt) of refined petroleum products between January and June next year from global suppliers via a competitive bidding process.State-run Bangladesh Petroleum Corporation (BPC) has already received offers from the global petroleum...
Six more people have died of dengue fever in the country while 983 others have been admitted to hospitals in the past 24 hours until Monday morning, bdnews24.com.With the latest fatalities, the Aedes mosquito-borne disease has claimed 269 lives this...
FE REPORT | 2025-10-28 00:00:00
Pakistan has offered Bangladesh the use of its Karachi port for conducting foreign trade with countries such as China, Gulf, and Central Asian nations, officials said on Monday.In response, Dhaka expressed interest in exploring the proposal by forming a sectoral...
FE REPORT | 2025-10-28 00:00:00
Speakers at the Economic Reform Summit 2025 have called for deep structural changes in Bangladesh's economic governance, stressing deregulation, restoration of central bank independence, and a shift from bureaucratic dominance to private sector-led reform.Addressing the event as chief guest on...
Boats are moored along the bank of the River Buriganga, a lifeline for people living in the capital city and Keraniganj. Though there are two bridges -- Buriganga 1st Bridge and Buriganga 2nd Bridge, over the river -- the human-powered...
FE REPORT | 2025-10-28 00:00:00
The managing director of Al-Arafah Islami Bank PLC, Farman R Chowdhury, has been removed from his position over irregularities in the bank's agent-banking operations.Confirming the development, Bangladesh Bank (BB) spokesperson Areif Hossain Khan said the bank's board had recommended Mr...
FE REPORT | 2025-10-28 00:00:00
Long-awaited recommendations on modus operandi of implementation of the July National Charter-a reform blueprint born out of last year's historic people's uprising-will be submitted to the government today as the consensus panel wrapped up its dos Monday.Implementation of the much-hyped...
MUNIMA SULTANA | 2025-10-28 00:00:00
Beating global experience of once in 20 years, mishaps occurred twice over a year in Dhaka metro rail that raised doubts about the construction and safety qualities of the popular mass transport. Experts are raising questions over not only design...
DOULOT AKTER MALA | 2025-10-28 00:00:00
A government move to phase out from the tested customs digital-platform Asycuda to adopt an advanced system has raised more concerns than corroboration from stakeholders in foreign trade and national revenue.Customs authority, economists and businesses foresee a possible setback in...
NAIROBI, Oct 27 (AFP): A priest attacked after a meeting about democracy with faith leaders, an opposition official's corpse found doused in acid, an ex-ambassador missing from his blood-stained home-this is the "new normal" in Tanzania, say critics.The grim assessment...
NEW YORK, Oct 27 (AFP): Donald Trump said on Monday that he would not run for vice president in the 2028 American election, a move some supporters suggest would allow him to skirt term limits and stay in the White...
KINGSTON, Oct 27 (AFP): Hurricane Melissa strengthened Monday as it took aim at Jamaica and other parts of the Caribbean as a top-level Category 5 storm, with forecasters predicting catastrophic flooding and urging residents to seek shelter immediately.Melissa has been...
Elon Musk could leave Tesla as CEO if his proposed $1 trillion pay package was not approved, Chair Robyn Denholm warned in a letter to shareholders on Monday, reports Reuters.The appeal comes ahead of the November 6 annual meeting, with...
KUALA LUMPUR, Oct 27 (Reuters): China pressed on Monday for stronger economic ties and more open trade at a regional summit in Malaysia dominated by the shadow of steep US tariffs after proceedings attended by President Donald Trump.In a flurry...
MUMBAI, Oct 27 (Reuters): Rattled by nearly $17 billion in foreign outflows this year, India is doubling down on financial sector reforms in a push to beef up capital buffers and lift investment in the country amid wider worries about...
Nestlé Bangladesh organised a free 'Medical Camp' for the community near its Sreepur Factory recently, reaffirming its vision to enhance the quality of life for everyone. Over 500 individuals -- men, women, and children - underwent vital health check-ups at...
South Asia Insurance Company Ltd held its '3rd Quarterly Branch Managers' Conference -2025' at the company's Head Office in Dhaka recently. The event was presided over by Muhammad Nurul Alam Chowdhury, Managing Director and CEO of the company. The conference...
Overseas Banking Department of Janata Bank PLC has organised a three-day training course titled 'SWIFT ISO 20022 (MX) Migration: Introducing PACS' at Rangpur Divisional office. Managing Director of the bank Md Mazibur Rahman inaugurated the course on Saturday. A total...
Premier Bank marked its 26th anniversary on Sunday, celebrating a remarkable journey under the theme "Banking for Greater Good." The event was inaugurated by Dr. Arifur Rahman, chairman of the board of directors, at the bank's head office in Banani,...
Prime Bank entered into a strategic partnership with GLG ASSETS, one of Bangladesh's most reputed real estate developers, to offer exclusive discounts on flat purchases for its valued customers. A formal signing ceremony marking this collaboration was recently held at...
As part of the 'Youth Festival 2025' celebration, Karmasangsthan Bank organised a flagship programme titled 'Customer Service Fortnight'. On Monday, Public Hearing and Grievance Redress programmes were held simultaneously at 33 branches across the bank's regional offices nationwide, says a...
FE REPORT | 2025-10-28 00:00:00
Bangladesh should put greater emphasis on the development of skilled human resources to meet the challenges and opportunities brought about by rapidly changing economic activities, driven by evolving information and technology, experts said at a discussion on Monday. They also...
Chief Adviser Professor Muhammad Yunus poses for photograph with a delegation from Japan's National Business Support Combined Cooperatives (NBCC) after a meeting held at the State Guest House Jamuna on Sunday. — PID
FE REPORT | 2025-10-28 00:00:00
Reckitt Benckiser gained 21 per cent year-on-year profit growth to Tk 246 million in the third quarter through September this year, owing to higher sales and lower finance costs.That marks a turnaround, as the company's business had remained sluggish since...
FE REPORT | 2025-10-28 00:00:00
Renata has posted a 38.6 per cent lower profit to Tk 2.22 billion for FY25 compared to the previous year, despite handsome revenue growth, as the cost of raw materials, labour, and finance increased.The drug maker showed Tk 19.36 as...
FE REPORT | 2025-10-28 00:00:00
United Power Generation & Distribution Company has posted an impressive 48 per cent year-on-year growth in profit to Tk 11.98 billion in FY25 - the highest annual profit since its listing.It attributed the profit increase to higher production, a hike...
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