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Singapore Exchange posts record profit, sees strongest IPO pipeline in years

2025-08-09 00:00:00

SINGAPORE, Aug 8 (Reuters): Singapore Exchange (SGX) reported on Friday its highest annual earnings since its 2000 listing and said more than 30 companies are actively preparing to go public, signaling a revival in listings amid efforts to boost the...

Bank Asia launches tree plantation programme

2025-08-09 00:00:00

Bank Asia's Managing Director Sohail R K Hussain inaugurated a tree plantation programme by planting a sapling on the premises of Bank Asia Tower at Karwan Bazar in Dhaka recently. This initiative is a part of the 'Festival of Youth...

China ends tax exemption on bond interest income

2025-08-09 00:00:00

SHANGHAI, Aug 8 (Reuters): China has reinstated value-added tax (VAT) on interest income from new bonds issued by government and financial institutions starting Friday, ending a long-standing tax break to ease growing fiscal pressure.The Ministry of Finance announced last week...

Global equity funds see outflows for 2nd week on tariff, economic concerns

2025-08-09 00:00:00

Global equity funds came under selling pressure while safe-haven demand bolstered money market funds in the week through August 6, as US tariff announcements and data showing signs of weakness in the US economy fuelled risk aversion, reports Reuters. Investors...

Stocks lose steam on profit-taking

FE REPORT | 2025-08-09 00:00:00

Stocks closed this week lower, snapping an eight-week winning streak, as cautious investors rushed to book profits in quick-gaining stocks, particularly in the banking and blue-chip sectors.Market analysts attributed the correction to a wave of profit-taking after significant gains in...

Old trees, ageing farmers worsen outlook for top palm oil exporters

2025-08-09 00:00:00

PONTIAN, Malaysia, Aug 8 (Reuters): Malaysian farmer Suratmen Mosman faces a dilemma that threatens to sap supply from the world's top palm oil exporters and drive up prices of the vegetable oil essential to billions of consumers worldwide in the...

Govt plans to boost milk, meat production thru local cattle development

2025-08-09 00:00:00

The government has unveiled a plan to increase meat and milk production through developing local cattle breed aiming to address nutritional needs, reduce poverty and improve rural livelihood, reports BSS.The government will focus on breeding 'proven bulls' by selecting male...

Faridpur faces price shock

2025-08-09 00:00:00

FARIDPUR, Aug 8 (UNB): Onion prices in Faridpur have surged by Tk 1,000 per maund over the past 10 days due to reduced supply in the market, affecting retail customers.According to Md Shaheduzzaman, Deputy Director of the Department of Agricultural...

Oil set for steepest weekly losses since June

2025-08-09 00:00:00

LONDON, Aug 8 (Reuters): Oil prices steadied on Friday and were poised for the steepest weekly losses since late June on a tariff-hit economic outlook and a potential meeting between US President Donald Trump and Russian counterpart Vladimir Putin.Brent crude...

Trump taps top economic aide for vacant Fed seat

2025-08-09 00:00:00

WASHINGTON, Aug 8 (AFP): US President Donald Trump on Thursday named the leader of his White House economic panel to fill a recently vacated seat on the Federal Reserve board, as he seeks to boost his sway over the independent...

SHAHJALAL ISLAMI BANK SPONSORS 'HAJJ AND UMRAH FAIR-2025'

2025-08-09 00:00:00

Shahjalal Islami Bank PLC provided a sponsorship of Tk 2.0 million to the Hajj Agencies Association of Bangladesh (HAAB) for organising the 'Hajj and Umrah Fair 2025'. Managing Director of the bank Mosleh Uddin Ahmed handed over the sponsorship cheque...

'China-Bangladesh Health & Medical Advancement Expo'

2025-08-09 00:00:00

Health and Family Welfare Adviser Nurjahan Begum along with Chinese Ambassador Yao Wen and other guests inaugurated 'China-Bangladesh Health & Medical Advancement Expo' at a city hotel on Friday. Belt & Road Healthcare Centre organised the daylong event. — PID

NESCO to reduce power outage frequency in Rajshahi

2025-08-09 00:00:00

RAJSHAHI, Aug 8 (BSS) : The Northern Electricity Supply Company (NESCO) Limited has undertaken an ambitious project to modernize and expand its electricity distribution network with a view to reducing the frequency and duration of power outages across all 16...

Govt launches manual for SOE asset, lease management

2025-08-09 00:00:00

Finance and Science and Technology Adviser Dr Salehuddin Ahmed has said that enhancing efficiency in asset management across State-Owned Enterprises (SOEs) and Autonomous Bodies (ABs), which together hold 80 percent of the government's assets, could play a crucial role in...

20pc US reciprocal tariff kicks in, triggers export surge at Ctg Port

2025-08-09 00:00:00

CHATTOGRAM, Aug 8 (BSS): The newly imposed 20 per cent counter-tariff on Bangladeshi exports to the United States took effect on Thursday, prompting a sharp surge in shipments from the Chittagong Port as exporters rushed to beat the deadline.According to...

Reflections on a nation in transition

ISMAIL HOSSAIN | 2025-08-09 00:00:00

One year on from the historic July-August uprising that brought down Sheikh Hasina's long-standing authoritarian regime, Bangladesh finds itself at a political crossroads. The revolution, hailed by many as a generational awakening and the end of a brutal dictatorship, has...

Tremor in FIRE City

Mamoon Al Rasheed | 2025-08-09 00:00:00

New York City is famously called "the Big Apple". The euphemistic phrase serves to depict the city as an edifice of success, and grandeur. This great metropolis is actually home to three powerful money making enterprises of modern capitalism-Finance, Insurance...

Breast cancer rate alarmingly high

2025-08-09 00:00:00

Bangladesh now has the highest prevalence of cancer among women in the world. Particularly alarming is the rising rate of breast cancer among women aged 30 to 44, with 19 out of every 100,000 in this age group diagnosed with...

Small businesses left behind in digital race

2025-08-09 00:00:00

As digital payments become the new normal, everywhere we turn, from sleek cafés to clothing stores, we see QR codes are being scanned. For many, this shift is a symbol of progress and convenience. But outside urban hubs and air-conditioned...

Wrong-side driving turns into a menace

Tanim Asjad | 2025-08-09 00:00:00

The proliferation of motorcycles, driven by various incentives for mobility, has made them a popular alternative to public transport. In the first seven months of this year, a staggering 153,468 new motorcycles were registered across the country, with Dhaka alone...

July uprising, abiding hopes and harsh truths

Syed Muhammed Showaib | 2025-08-09 00:00:00

When people from all walks of life rose up against the Awami League regime in July last year, their focus remained firmly on toppling an authoritarian government. With the state forces unleashing violence on unarmed protesters on the streets, there...

Digital platform for transparent fiscal management of SoEs

2025-08-09 00:00:00

There is no gainsaying the importance of keeping a government running effectively within its budget. So, the entire process of procuring its funds, allocating those, monitoring their use and, finally producing financial report are the key areas of fiscal management....

Fast-tracking credit to performing businesses

Md Ariful Islam and Syed Md Aminul Karim | 2025-08-09 00:00:00

In today's challenging economic landscape, access to timely and appropriate credit has become a critical factor for survival and growth. Yet, in Bangladesh, many fundamentally sound businesses are being denied financing due to a structural rigidity in our credit classification...

ADB keen to assist BD in capital mkt reforms

2025-08-08 12:00:00

The Asian Development Bank (ADB) has expressed strong interest in supporting sustainable reforms and providing technical assistance to the Bangladesh Securities and Exchange Commission (BSEC) to help modernise and develop the country's capital market.A delegation from ADB conveyed this commitment...

Universities need to produce more engineer-entrepreneurs

ASMA Haseeb | 2025-08-08 12:00:00

The number of our university graduates remaining unemployed and under-employed is rising every year, as the supply of graduates is outstripping available jobs. We desperately need to promote innovation and entrepreneurship among our university graduates to turn a good number...

Correction (2025-08-08)

2025-08-08 00:00:00

We mistakenly published the name of Uttara Finance instead of United Finance in the graph in a news item in Thursday’s paper of The Financial Express (FE) on page 9 with the title “NBFIs’ earnings growth in H1 relies on...

Weather (2025-08-08)

2025-08-08 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Rajshahi, Dhaka, Khulna, Barishal and Chattogram divisions in the next 24 hours from 06:00 am today (Friday), according to the Met...

Re-evaluated SSC results to be published on August 10

2025-08-08 00:00:00

The revaluated results of the Secondary School Certificate (SSC) examination will be published on August 10, reports BSS.This was stated in a notification, signed by Dhaka Education Board Examination Controller Professor S M Kamal Uddin Haider on Thursday.The notification said...

NSU hosts dialogue on democracy, youth's role in change

2025-08-08 00:00:00

In the light of Bangladesh's recent political landscape and one-year anniversary of the July uprising, the Center for Peace Studies (CPS) at North South University (NSU) and Germany's Arnold Bergstrasser Institute (ABI) jointly organised a special dialogue and a three-day...

NOAB expresses deep concern over press freedom, journalists' safety

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

The Newspaper Owners' Association of Bangladesh (NOAB) on Thursday expressed deep concern over the recent "untoward incident" involving the Daily Janakantha newspaper as well as the overall freedom of press and the safety of journalists."We firmly believed that fundamental rights...