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India plans tightening AI rules to stem deepfake surge

2025-10-24 00:00:00

NEW DELHI, Oct 23 (AFP): India has proposed sweeping new regulations to govern artificial intelligence, aiming to curb a surge in misinformation and deepfake videos in the world's most populous nation.The Ministry of Information Technology announced the proposed amendments, citing...

What France and others can learn from Sweden's hard budget lessons

2025-10-24 00:00:00

STOCKHOLM, Oct 23 (Reuters): When Sweden's then-finance minister Goran Persson dashed to New York during the country's early 1990s financial crisis to plead with Wall Street investors to keep buying its debt, he stayed in a budget hotel infested with...

BSOAB HAIR & BEAUTY CARNIVAL HELD

2025-10-24 00:00:00

Beauty Service Owners Association of Bangladesh organised a grand event titled 'Revive Presents BSOAB Hair & Beauty Carnival 2025' at a hotel in Dhaka recently. The carnival celebrated beauty and creativity with participation of beauty experts and women entrepreneurs. A...

STARLINK TEAM VISITS HEAD OFFICE OF GLOBAL BRAND

2025-10-24 00:00:00

A Starlink team visited the head office of Global Brand PLC, the country's largest IT distributor company, recently as part of its business expansion efforts. Team members Oshan Weerasinghe, Brian Shin and Natalie Ryder held a meeting with Chairman of...

COMMUNITY BANK BANGLADESH HOLDS ITS 69TH BOARD MEETING

2025-10-24 00:00:00

The 69th Board Meeting of Community Bank Bangladesh PLC was held at thePolice Headquarters on Wednesday. The meeting was chaired by Baharul Alam, Inspector General of Police, Bangladesh and Chairman of Community Bank. The meeting made important decisions related to...

JANATA BANK FOUNDATION COURSE FOR OFFICERS -

2025-10-24 00:00:00

Janata Bank Staff College, Dhaka organised a 25-day 'Foundation Course for Officers' (Batch 13/2025). Managing Director of Janata Bank Md Mazibur Rahman inaugurated the course recently. Some 50 officers of the bank are taking part in the course.

ISLAMI BANK, MASTERCARD LAUNCH DIGITAL PAYMENT ECOSYSTEM AT CU

2025-10-24 00:00:00

Islami Bank Bangladesh in collaboration with Mastercard inaugurated fully cashless services at Chattogram University (CU) under Bangladesh Bank's "Cashless Bangladesh" initiative. The transformation will enable teachers, students and visitors to conduct cashless transactions around the campus. Professor Dr. Muhammad Yeahia...

MODHUMOTI BANK LAUNCHES SUB-BRANCH OPERATIONS

2025-10-24 00:00:00

Modhumoti Bank (MMB) has officially launched its sub-branch operations to make banking services more accessible and closer to customers' doorsteps. The initiative commenced on Thursday with the inauguration of two new sub-branches in Banasree and Uttara Sector-12 in the capital....

BRAC BANK TO OFFER CUSTOMISED EMPLOYEE BANKING SERVICES TO EAST WEST UNIVERSITY

2025-10-24 00:00:00

BRAC Bank has signed an agreement with East West University (EWU) to provide customised employee banking services. Under this collaboration, the employees of EWU will enjoy a seamless banking experience through salary accounts, multi-currency debit cards, credit cards, loan facilities,...

Bangladesh Railway sets sights on new locomotives to revamp services

2025-10-24 00:00:00

The government is taking steps to purchase a new fleet of modern locomotives to make Bangladesh's rail services more efficient and profitable, said Sheikh Moinuddin, Special Assistant to the Chief Adviser on Road Transport, Bridges and Railways, reports UNB. "We...

Eight Pacific Jeans factories resume operations in CEPZ

2025-10-24 00:00:00

CHATTOGRAM, Oct 23 (BSS): Eight factories of Pacific Jeans in the Chattogram Export Processing Zone (CEPZ) resumed operations on Thursday.Nearly 40,000 workers, along with over 4,000 staff and officials, returned to work peacefully this morning, said Chattogram Industrial Police Superintendent...

Freeze 38 bank accounts of Islami Bank ex-chairman: Court

2025-10-24 00:00:00

A court on Thursday ordered to freeze 38 bank accounts of Md Obayed Ullah Al Masud, former chairman of Islami Bank Bangladesh PLC over graft allegations, reports BSS.Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order, allowing a...

Abdul Awal Mintoo awarded as top agri-food pioneer by World Food Prize

2025-10-24 00:00:00

The World Food Prize Foundation has receognised Abdul Awal Mintoo, the founder of Lal Teer Seed Ltd, Lal Teer Livestock Development (BD) Ltd, and chairman of the board of directors of National Bank, as the top agri-food pioneer (TAP) 2025....

Summit Power profit nosedives 88pc on plant shutdowns, impairment loss

FE REPORT | 2025-10-24 00:00:00

Summit Power reported a whopping 88 per cent year-on-year decline in profit to Tk 0.41 billion in FY25 due to the shutdown of nearly half of its plants and an impairment loss of Tk 1.52 billion shown in its financial...

AFWA calls for 'transparent probe' into latest Mirpur, Ctg factory fires

FE REPORT | 2025-10-24 00:00:00

Asia Floor Wage Alliance (AFWA) has called for a transparent public investigation into both fires -- Mirpur and Chattogram factories with full disclosure of factory ownership and sourcing brands.Expressing its solidarity with victims and their families, the AFWA, a global...

Singer sees escalation of Q3 losses on higher finance costs

FE REPORT | 2025-10-24 00:00:00

Singer Bangladesh's loss escalated 160 per cent year-on-year to Tk 480 million in the third quarter through September this year despite higher sales, due to a significant increase in finance costs.The multinational electronics and home appliance manufacturer has reported negative...

Beacon Pharma delivers robust FY25 results on booming cancer drug sales

FE REPORT | 2025-10-24 00:00:00

Beacon Pharmaceuticals posted an impressive 81 per cent year-on-year profit growth to Tk 947 million in FY25, driven by record sales and higher income from investment.The company's expanded distribution network also played a role in achieving the 17 per cent...

External debt sustainability in the face of climate change

Sadiq Ahmed | 2025-10-24 00:00:00

There are two elements of standard public debt sustainability analysis. The sustainability of external debt and the sustainability of domestic debt. They are inter-related but often have different dimensions. Both are very important. As such, traditional debt sustainability assessment (DSA)...

China's move to control rare earth trade

2025-10-24 00:00:00

China's recent decision to tighten control of rare earth metals marks a significant turning point in global technology and trade. The Ministry of Commerce has introduced new export control measures that restrict the export and transfer of technologies related to...

Gold price and global economic uncertainty

2025-10-24 00:00:00

Over the past two months, the price of gold has been surging continuously, reaching unprecedented levels. The rise has been so sharp that middle-income consumers around the world are hesitant to purchase gold under the current circumstances. This sudden surge...

The danger of antibiotic resistance

Shiabur Rahman | 2025-10-24 00:00:00

The invention of antibiotics was a milestone in the history of modern medicine and those were hailed as miracle drugs for their ability to prevent infections. These lifesaving drugs are now losing their effectiveness globally, much to the concern of...

How short-sightedness bedevils industrial development

Nilratan Halder | 2025-10-24 00:00:00

Accusing fingers were raised from some quarters at the three devastating fire incidents at Shialbari, Mirpur, Chittagong Export Process Zone (CEPZ) and the cargo village of Hazrat Shahjalal International Airport (HSIA) within a span of just five days. They found...

Easing problems facing shrimp and fish export

2025-10-24 00:00:00

Bangladesh's once-thriving shrimp- and frozen fish-export sector is now gasping for survival. Already reeling from an unfavourable international market, the industry has been pushed deeper into crisis by the government's prolonged inaction. Exporters are caught in a severe liquidity trap,...

Mapping growth through shadow work

Zarif Nazib and Zarin Tarika | 2025-10-24 00:00:00

The perception of night has been fundamentally changed ever since the invention of artificial light. The nighttime is not just darkness; it has an economy of its own. It is known as the "nighttime economy" (NTE), a simple term for...

Rishad climbs 65 spots in ICC ranking after career-best bowling performance

2025-10-23 12:00:00

Bangladeshi leg-spinner Rishad Hossain made a huge leap in the ICC's weekly rankings for the ODI bowlers following his incredible performance in the ongoing three-match series against West Indies at home, reports BSS.Rishad who took nine wickets so far in...

Independence of national statistical body

2025-10-23 12:00:00

Turned into a subservient organisation---one that was pliant to accommodate politically motivated data manipulation, the Bangladesh Bureau of Statistics (BBS) earned quite an infamy. Political or dictatorial governments resorted to such ploys in order to present a rosy picture of...

BNP appoints Humayun Kabir as joint secy gen

2025-10-23 00:00:00

The BNP has appointed Humayun Kabir, an adviser to party's Acting Chairman Tarique Rahman, as one of its joint secretaries general, reports UNB."Humayun Kabir has been made the BNP's Joint Secretary General (International Affairs)," said a press release issued by...

US citizen Enayet on fresh remand

2025-10-23 00:00:00

A Dhaka court has placed Bangladeshi-origin US citizen Enayet Karim Chowdhury on a five-day remand afresh in a case lodged under the Anti-Terrorism Act with the capital's Ramna Police Station, reports BSS. Dhaka Metropolitan Magistrate Awlad Hossain Mohammed Zunayed passed...

BNP sought impartial role, not caretaker govt: Law adviser

2025-10-23 00:00:00

BNP has not demanded a caretaker government but instead sought an impartial role from the current interim government during the next national election, said Law Affairs Adviser Asif Nazrul, report agencies.Talking to reporters at the Secretariat in the capital on...

IRI optimistic about sending observers for next JS polls

2025-10-23 00:00:00

US-based International Republican Institute (IRI) has expressed optimism about sending observers for the upcoming 13th Jatiya Sangsad (JS) elections reports BSS.An eight-member IRI delegation met with Election Commissioner Brig Gen (retd) Abul Fazal Md. Sanaullah at the Election Commission (EC)...