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Pakistan keen to strengthen trade ties with BD

FE REPORT | 2025-08-22 00:00:00

Pakistan has expressed keen interest in boosting bilateral trade with Bangladesh for mutual benefit, highlighting opportunities for closer economic cooperation between the two countries. The announcement came during an interactive meeting between Pakistan's Federal Minister for Commerce Jam Kamal Khan...

TOP 10 SUSTAINABLE BANKS HONOURED

2025-08-22 00:00:00

Bangladesh Bank has announced the names of the top 10 sustainable banks based on its Sustainability Rating 2024. The rating is prepared by Bangladesh Bank using two broad criteria: (1) Financial Sustainability -- measured through core banking performance indicators such...

BRAC Bank's net deposit growth hits Tk 100b in eight months

FE REPORT | 2025-08-22 00:00:00

BRAC Bank's branch network has reported a record net deposit growth of Tk 100 billion in the first eight months of 2025, underscoring the sustained momentum in deposit mobilisation.This milestone builds on the consistent upward trajectory achieved in recent years,...

Low-performing stocks dominate gainers' chart amid market slump

FE REPORT | 2025-08-22 00:00:00

A surprising rally in low-performing and non-operational stocks has raised concerns, as share prices of several junk and B-category companies continue to soar despite repeated warnings from the firms that no undisclosed price-sensitive information exists.Several of these companies, some of...

Walmart hikes annual forecast as low price focus draws shoppers

2025-08-22 00:00:00

NEW YORK, Aug 21 (Reuters): Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world's largest retailer as they worry about rising costs.Walmart's...

Russia interested in joint energy projects with India, Lavrov says

2025-08-22 00:00:00

MOSCOW, Aug 21 (Reuters): Russia and India have achieved good results in energy cooperation and Moscow is interested in working on joint energy projects with New Delhi, Russian Foreign Minister Sergei Lavrov told his Indian counterpart in Moscow on Thursday.Moscow...

India passes bill to ban money-based online games, app shutdowns loom

2025-08-22 00:00:00

BENGALURU, Aug 21 (Reuters): India's parliament on Thursday passed a bill to ban online games played with money in a move that threatens the survival of the popular fantasy gaming sector, after Prime Minister Narendra Modi's government flagged the high...

United Finance honours women entrepreneurs for repayment records

2025-08-22 00:00:00

United Finance PLC has celebrated the achievements of women entrepreneurs recognised for their exemplary repayment track records under Bangladesh Bank's refinancing scheme. At a recent ceremony held at the company's head office, Najmul Hasan, Chairman of United Finance PLC, and...

NRBC Bank holds 12th AGM

2025-08-22 00:00:00

The 12th Annual General Meeting (AGM) of NRBC Bank PLC was held at Kurmitola Golf Club in the city on Thursday. Independent Director and Chairman of the bank Ali Hossain Prodhania presided over the meeting. Muhammad Emdad Ullah, Independent Director...

Shimanto Bank inks deal with ABC Real Estate

2025-08-22 00:00:00

Shimanto Bank signed an MoU with ABC Real Estate at the Head office of ABC Real Estate recently. Under the MoU, the customers of ABC Real Estate will get preferential interest rate and loan processing fee when they avail Shimanto...

Swiss exports fall before huge US tariff

2025-08-22 00:00:00

ZURICH, Aug 21 (AFP): Swiss global exports fell in July but those to the United States rose slightly before President Donald Trump imposed huge tariffs on the Alpine country, official figures showed Thursday.Exports, the wealthy country's economic engine, fell 2.7...

3-day Bangla Med Expo 2025 kicks off in Dhaka

2025-08-22 00:00:00

A three-day Bangla Med Expo-2025 kicked off on Thursday at the International Convention City Bashundhara (ICCB), offering a global platform to showcase the latest medical equipment and healthcare innovations, reports UNB.Bringing together more than 120 exhibitors representing over 400 brands...

BB mulls allowing new digital banks to open

2025-08-22 00:00:00

Bangladesh Bank (BB) has put on agenda for its next board meeting to be held on August 27 the topic of issuing new digital bank licenses, reports UNB.The move comes amidst internal opposition to issuing new digital bank licenses and...

Fonterra raises annual milk price forecast on stable dairy prices

2025-08-22 00:00:00

New Zealand's Fonterra Co-operative Group on Thursday increased its milk price forecast for the 2024/2025 season, banking on stable global dairy prices and solid sales book, reports Reuters.The company increased the midpoint of its annual forecast for farmgate milk price...

India snaps up steeply discounted palm oil from Colombia, Guatemala

2025-08-22 00:00:00

MUMBAI, Aug 21 (Reuters): Indian importers for the first time bought palm oil from Colombia and Guatemala as producers sitting on surplus stocks offered cargoes at steep discounts, four trade sources with direct knowledge of the matter said.Indonesia and Malaysia...

China suspends Argentine poultry imports five months after ban lifted

2025-08-22 00:00:00

BEIJING, Aug 21 (Reuters): China has suspended imports for Argentine poultry products from August 20, just five months after lifting a two-year ban.The notice of suspension, which was posted on a customs website, did not state a reason for the...

US resumes import of Venezuelan oil under new licence to Chevron

2025-08-22 00:00:00

HOUSTON, Aug 21 (Reuters): Two tankers chartered by Chevron carrying Venezuelan crude reached US waters on Thursday, marking the first US imports of the South American country's oil following a new license granted by Washington, vessel tracking data showed.The US...

Boeing in talks to sell up to 500 jets to China

2025-08-22 00:00:00

Boeing is in talks to sell as many as 500 jets to China, Bloomberg News reported on Thursday, citing people familiar with the matter, according to Reuters.Shares of the US planemaker rose 2 per cent before the market open as...

Gold holds steady as investors strap in for Jackson Hole gathering

2025-08-22 00:00:00

Gold prices were steady on Thursday as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium on Friday for signals on the central bank's policy direction, reports Reuters.Spot gold fell marginally at $3,344.66 per ounce, as...

Oil edges up on signs of strong demand

2025-08-22 00:00:00

LONDON, Aug 21 (Reuters): Oil prices edged up on Thursday, bolstered by signs of strong demand in the United States, with uncertainty over efforts to end the war in Ukraine also lending support.Brent crude futures were up 11 cents, or...

Suspended Thai PM in court to testify in case for her ouster

2025-08-22 00:00:00

BANGKOK, Aug 21 (AFP): Thailand's suspended prime minister Paetongtarn Shinawatra arrived at court on Thursday to testify in a case seeking to remove her from office over her handling of the kingdom's border row with Cambodia.Paetongtarn, daughter of controversial but...

Myanmar junta unveils new election details

2025-08-22 00:00:00

YANGON, Aug 21 (AFP): Myanmar's ruling junta released details of its long-awaited December election on Thursday, saying the first voting phase would cover about a third of the nation's townships-despite the conflict raging around the country.The military-led government announced this...

Cricket South Africa announces plans for 2027 World Cup

2025-08-22 00:00:00

JOHANNESBURG, Aug 21 (AFP): Cricket South Africa on Thursday announced a local organising committee for the 2027 50-over Cricket World Cup - and revealed that 44 of the 54 matches will be played at eight venues in South Africa.The remaining...

Mahbub bows out of BCB race amid allegations, growing rift

2025-08-22 00:00:00

Mahbub Anam has stepped aside from the Bangladesh Cricket (BCB) Board election, pulling his name before nominations even opened and leaving the October polls without one of its most familiar figures, reports UNB.Once considered a potential presidential contender, Mahbub recently...

Suarez leads Miami to Leagues Cup quarterfinal

2025-08-22 00:00:00

FORT LAUDERDALE, Fla., Aug 21 (AP): Luis Suarez scored twice on penalty kicks and Inter Miami overcame Lionel Messi's absence to beat Tigres UANL from Mexico 2-1 in a Leagues Cup quarterfinal Wednesday night.After leading his team to victory over...

England include Knight in Women's WC squad

2025-08-22 00:00:00

LONDON, Aug 21 (AFP): England have named former captain Heather Knight in their Women's World Cup squad but experienced seamer Kate Cross has been left out of the party that will travel to India and Bangladesh for the 50-over showpiece.Top-order...

No bilaterals, but Pakistan-India set for Asia Cup, says Indian ministry

2025-08-22 00:00:00

The Indian cricket team will not be stopped from playing the Asia Cup next month as it is a multi-lateral engagement, India's Sports Ministry said on Thursday, but ruled out the continuation of any bilateral encounter, according to Pakistan Television...

Bangladesh take on India today--

2025-08-22 00:00:00

After a magnificent victory over host Bhutan in the first match, motivated Bangladesh U-17 women's football team face strong India in the big match of four-nation SAFF U-17 Women's Championship scheduled to be held Changlimithang Stadium in Thimphu today (Friday),...

T-Aman cultivation going on in full swing in Gopalganj

OUR CORRESPONDENT | 2025-08-22 00:00:00

GOPALGANJ, Aug 21: Cultivation of Transplanted Aman (T-Aman) paddy is going on in full swing in Gopalganj district during the current season.According to the Department of Agricultural Extension (DAE), Gopalganj, a target was set to cultivate Aman paddy including Upasi,...

Waterlogging now a year-round hardship in Jashore's Bhabadah

OUR CORRESPONDENT | 2025-08-22 00:00:00

BENAPOLE, Aug 21: Water-logging in Bhabadah of Jashore has become unendurable persisting almost year round causing immense suffering to the region's over one million residents. The once-seasonal crisis has now turned into a year-round ordeal, as tidal silt continues to...