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Indian benchmarks erase losses as hopes of US-Russia talks arrest tariff-led slide

2025-08-08 00:00:00

MUMBAI, Aug 7 (Reuters): India's stock benchmarks erased intraday losses to settle flat on Thursday, as news of a US-Russia presidential meeting helped markets rebound from a slide sparked by the US doubling tariffs on Indian goods.The Nifty 50 and...

United Finance organises tree plantation programme

2025-08-08 00:00:00

On the occasion of 'July Uprising' and 'Youth Festival-2025', United Finance PLC organised a tree plantation programme. Managing Director of the company Mohammad Rafiqul Islam inaugurated programme at the company's head office in the city on Wednesday.

ICB organises tree plantation programme

2025-08-08 00:00:00

On the occasion of 'July Uprising' and 'Youth Festival-2025', a tree plantation programme was organised at Motijheel Park under the initiative of the Investment Corporation of Bangladesh (ICB) and its subsidiary companies on Wednesday. The event was led by Niranjan...

Union Bank holds 50th meeting of new board

2025-08-08 00:00:00

The 50th meeting of the newly-formed board of the directors of Union Bank PLC was held at its head office in the city on Thursday. Chairman of the bank Md Fariduddin Ahmed presided over the meeting. Chairman of the board...

First Security Islami Bank's Board Meeting held -

2025-08-08 00:00:00

The 310th meeting of the Board of Directors of First Security Islami Bank PLC was held on Wednesday at the FSIB Head Office in Dhaka with Mohammad Abdul Mannan, Chairman of the Board, in the chair. Md. Azizur Rahman, Vice...

Al-Arafah Islami Bank holds 434th Board Meeting

2025-08-08 00:00:00

The 434th Board meeting of Al-Arafah Islami Bank was held at a hotel in the capital on Wednesday. Chairman of the Board of Directors Khwaja Shahriar presided over the meeting. The overall business performance of the bank was reviewed and...

PRIME BANK SIGNS PAYROLL AGREEMENT WITH ESDO

2025-08-08 00:00:00

Prime Bank has signed an agreement to provide payroll banking services to Eco-Social Development Organization (ESDO). The signing ceremony was held at ESDO's head office in Thakurgaon. Under this agreement, Prime Bank will ensure a modern, secure, and convenient payroll...

MTB PARTNERS WITH PETROCHEM TO PROMOTE AGRI-FINANCE

2025-08-08 00:00:00

Mutual Trust Bank and Petrochem Bangladesh Limited have joined hands to ease financing for farmers and retailers. This partnership will enable credit facilities nationwide to procure agro-inputs from Petrochem's authorised dealers. This initiative is aimed at boosting agricultural productivity by...

BRAC Bank wins record 6 awards at Visa Leadership Conclave 2025

2025-08-08 00:00:00

BRAC Bank has achieved a milestone by winning six prestigious awards at the Visa Leadership Conclave 2025.The recognition highlights the bank's outstanding performance across card issuing, acquiring, and value-added service categories, says a statement.The bank has secured awards in 'Excellence...

PUBALI BANK GIFTS MICROBUS TO AUST

2025-08-08 00:00:00

Pubali Bank has gifted a microbus to Ahsanullah University of Science and Technology (AUST) as part of its corporate social responsibility (CSR).The bank's Managing Director & CEO Mohammad Ali officially handed over the key to AUST Chairman Professor Dr. Golam...

BIFFL holds 14th AGM

2025-08-08 00:00:00

Bangladesh Infrastructure Finance Fund Limited (BIFFL) held its 14th Annual General Meeting (AGM) at a hotel in Dhaka recently. The meeting was presided over by Dr. Md. Khairuzzaman Mozumder, Chairman of BIFFL and Secretary, Finance Division, Ministry of Finance.During the...

BD well-positioned in new era of trade wars: BGMEA president

2025-08-08 00:00:00

In the wake of the US decision to impose a tariff of 20 per cent on Bangladeshi products, Mahmud Hasan Khan, the president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), in an exclusive interview with UNB, discussed the immense...

BD Army signs MoU with Turkish Airlines

2025-08-08 00:00:00

DHAKA, Aug 07, 2025 (BSS)- Bangladesh Army has signed a Memorandum of Understanding (MoU) with Turkish Airlines today to facilitate the serving and retired army personnel to travel at affordable cost.An Inter Services Public Relations (ISPR) release said, under this...

Shipping Corporation's revenue to ‘rise 25pc with two new ships’

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

The state-owned Bangladesh Shipping Corporation (BSC) is going to invest Tk 9.5 billion from its own funds to purchase two brand-new ships, which it estimates will increase revenue by one-fourth. The decision was disclosed in a stock exchange filing on...

ICB AMCL pooled funds eye recovery in FY26 after prolonged slump

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

Unitholders of pooled funds managed by the ICB Asset Management Company Ltd did not receive any return on investment for FY24. FY25 is going to be as frustrating. But the asset manager is positive about dividend distribution for the ongoing...

Delta Life holds annual business conference

2025-08-08 00:00:00

Delta Life Insurance Company Limited held its 2024 Annual Conference at a hotel in Cox's Bazar recently. The company's Chairman, Hafiz Ahmed Majumder, was present as the chief guest and Adiba Rahman, Chairperson of the company's Executive Committee and an...

PREMIER BANK HOLDS BUSINESS REVIEW MEETING IN JESSORE

2025-08-08 00:00:00

The Premier Bank PLC has recently organised its 'Half-Yearly Business Review Meeting 2025' at the RRF auditorium in Jessore. Managing Director & CEO of the bank Mohammad Abu Jafar attended the event as the chief guest. Additional Managing Director Shamsuddin...

IFIC Bank achieves ISO/IEC 27001:2022 Certification

2025-08-08 00:00:00

IFIC Bank PLC has been awarded the internationally recognized ISO/IEC 27001:2022 certification for meeting the global standards and requirements in information security management. The certification has been granted by the International certification body Bureau Veritas in recognition of the bank's...

Islami Bank launches debit card for foreign currency account holders

2025-08-08 00:00:00

Islami Bank Bangladesh PLC has launched Mastercard-branded international debit card for foreign currency account holders. Through these cards, Resident Foreign Currency Deposit (RFCD), Foreign Currency Current (FCC) and Exporters Retention Quota (ERQ) account holders of Islami Bank will be able...

Daraz launches '8.8 Monsoon Madness' campaign

2025-08-08 00:00:00

Daraz Bangladesh, the country's leading e-commerce platform, is set to launch its 8.8 Monsoon Madness campaign today, featuring a range of discounts, contests, and promotional offers across its platform.During the campaign running until August 14, customers will have access to...

80 ships dock at Mongla Port in first 37 days of FY26

2025-08-08 00:00:00

KHULNA, Aug 7 (BSS): A total of 80 foreign commercial ships have docked at Mongla Port in the first 37 days of the 2025-26 financial year (FY), transporting approximately 550,000 tonnes of imported and exported goods and 518 vehicles.Md Makruzzaman,...

StanChart appoints Faria Kabir as Head of CCIB

2025-08-08 00:00:00

Standard Chartered Bangladesh has appointed Faria Kabir as Head of Client Coverage, Corporate, Commercial and Institutional Banking (CCIB), Bangladesh. With this appointment, Faria will also become a core member of the Bank's Country Management Team (CMT) in Bangladesh, elevating the...

Guardian partners with Perfetti Van Melle for employee coverage

2025-08-08 00:00:00

Guardian Life Insurance Limited, a leading provider of corporate group insurance solutions, has entered into an agreement with Perfetti Van Melle Bangladesh Pvt. Ltd. to extend insurance benefits to its employees.Under this partnership, all the employees and the family members...

Municipalities hold investment potential beyond Dhaka

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

Bangladesh must move beyond its long-standing Dhaka-centric investment strategy and tap into the untapped economic potential of municipalities, said Chowdhury Ashiq Mahmud Bin Harun, executive chairman of the Bangladesh Investment Development Authority (BIDA) and the Bangladesh Economic Zones Authority (BEZA).Speaking...

Bombardier to expand aftermarket service centres in US

2025-08-08 00:00:00

Bombardier said on Thursday it would expand its services and support network to multiple regions in the United States, as the Canadian business jet maker aims to meet increasing demand for aftermarket care from its customers, reports Reuters.The expansion is...

Brazil's fish industry hit with a 50pc US tariff

2025-08-08 00:00:00

SAO PAULO, Aug 7 (Reuters): Brazil's seafood industry is sounding the alarm to pressure the federal government for immediate relief as it grapples with mounting fears of job losses and bankruptcies as a result of the 50 per cent tariffs...

Safe-haven gold touches two-week peak

2025-08-08 00:00:00

Gold rose to an over two-week high on Thursday, buoyed by safe haven demand after US President Donald Trump's tariffs went into effect and US jobs data added to rate-cut expectations, reports Reuters.Spot gold gained 0.6 per cent to $3,388.09...

Adani to build India's biggest privately funded coal power plant in a decade

2025-08-08 00:00:00

Indian billionaire Gautam Adani's group will build and operate a $3 billion coal-fired power plant in Bihar state with a 2.4 gigawatt capacity, the biggest coal plant constructed in India via private investment in a decade, reports Reuters.The first of...

Oil steadies on potential Trump-Putin meeting

2025-08-08 00:00:00

LONDON, Aug 7 (Reuters): Oil prices steadied on Thursday, paring early gains after the Kremlin announced that Russian President Vladimir Putin would meet US President Donald Trump in the coming days, raising expectations for a diplomatic end to the war...

Educated, but unemployed

2025-08-08 00:00:00

In today's Bangladesh, thousands of young men and women complete higher education only to face the harsh reality of unemployment. Armed with degrees and certificates, they are still branded as 'incompetent' by society, despite tirelessly pursuing opportunities and enduring countless...