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Splitting big packages for tendering to be restricted

FHM HUMAYAN KABIR | 2025-08-07 00:00:00

To check fraudulent practices and scams, the government is set to restrict project implementing agencies from splitting a big public procurement package into small parts for tendering, officials said on Monday.It is also going to restrict the line ministry's power...

Prayer Timings (2025-08-07)

2025-08-07 00:00:00

Trump imposes additional 25pc tariff on India

2025-08-07 00:00:00

WASHINGTON, Aug 6 (AFP): US President Donald Trump on Wednesday ordered an additional 25 percent tariff on Indian goods over New Delhi's continued purchase of Russian oil, a key revenue source for Moscow's war in Ukraine.The tariff, set to take...

Tarique calls for forging nat’l unity

FE REPORT | 2025-08-07 00:00:00

BNP acting Chairman Tarique Rahman has said everyone needs to be united in national interest, and pro-democracy political parties should not stop communicating with each other. "There will be differences between political parties on various issues, but those should be...

CAO sends letter to EC

2025-08-07 00:00:00

The Chief Advisor's Office has asked the Election Commission to complete preparations for holding the parliamentary polls in February, before the start of Ramadan next year, reports bdnews24.com.The letter was issued on Wednesday, a day after Chief Advisor Muhammad Yunus...

RMG export to US records a robust growth in H1 of 2025

MONIRA MUNNI | 2025-08-07 00:00:00

Bangladesh's apparel export to the United States, its single-largest market, recorded a robust 25.13-percent growth in the first half of this year. According to US official count, the exports grew both in terms of value and volume in the six...

Restoring business confidence biggest of challenges ahead

FE REPORT | 2025-08-07 00:00:00

Listing challenges facing the economy ahead, like high inflation, unemployment, energy shortage and higher US tariffs, Finance Adviser Dr Salehuddin Ahmed says restoring business confidence tops it all.On the achievements of the post-uprising interim government on the economic front so...

Indian army searches for scores missing after Himalayan flash flood

2025-08-07 00:00:00

NEW DELHI, Aug 06 (AFP): The Indian army brought in sniffer dogs, drones and heavy earth-moving equipment Wednesday to search for scores of people missing a day after deadly Himalayan flash floods.At least four people were killed and more than...

Putin-Witkoff talks constructive: Moscow

2025-08-07 00:00:00

MOSCOW, Aug 06 (AFP): Russian President Vladimir Putin held "constructive" talks with US special envoy Steve Witkoff in Moscow over the Ukraine conflict, the Kremlin said Wednesday after the three-hour meeting."A quite useful and constructive conversation took place," Putin's aide...

Overturned aid truck kills 20 in Gaza

2025-08-07 00:00:00

GAZA, Aug 06 (AFP): Gaza's civil defence agency said Wednesday that 20 people were killed when an aid truck overturned on a crowd of aid seekers in the central Gaza Strip."Twenty people were killed and dozens injured around midnight last...

India's security chief in Moscow after US tariff threats

2025-08-07 00:00:00

NEW DELHI, Aug 06 (AFP): India's national security adviser was in Moscow on Wednesday, media in New Delhi reported, after Washington threatened to hike US tariffs because of India's purchases of Russian oil.India is a major buyer of Russian oil,...

India's central bank holds rates in rising tariff tensions with Trump

2025-08-07 00:00:00

India's central bank held its key interest rate as Donald Trump's planned increase to tariffs on the country's exports to the US threatens to send its economy into turmoil, reports Reuters.The Reserve Bank of India's decision on Wednesday to keep...

NRBC Bank gets Visa Excellence Award 2025

2025-08-07 00:00:00

NRBC Bank won the prestigious 'Excellence in Visa Debit Cards Business Associate Client - 2025' award. Dr. Md. Touhidul Alam Khan, Managing Director and CEO of NRBC Bank, received the award from Arief Hossain Khan, Executive Director of the Payment...

MIDLAND BANK HOLDS HALF-YEARLY BUSINESS CONFERENCE

2025-08-07 00:00:00

The Half-Yearly Business Conference 2025 of Midland Bank PLC was held in Dhaka recently. The conference was divided into two segments. Officials from Retail Distribution, Cards, and ID & NRB divisions attended the morning segment, while officials from Institutional Banking,...

NRB Bank celebrates 12th Anniversary

2025-08-07 00:00:00

NRB Bank PLC celebrated its 12th anniversary with the slogan, 'Accelerating Growth Through Digital Innovation', on Wednesday. On the occasion, Iqbal Ahmed OBE DBA, Chairman of NRB Bank, along with Tarek Reaz Khan, Managing Director & CEO, A K M...

EBL rolls out two new credit cards with Mastercard, and Pickaboo

2025-08-07 00:00:00

Eastern Bank (EBL), in partnership with Mastercard and popular e-commerce platform Pickaboo, launched an exciting new range of co-branded credit cards at a ceremony held at EBL head office in Dhaka on Wednesday. The EBL Pickaboo Mastercard Titanium Credit Card...

Insured catastrophe losses hit $80b globally in H1

2025-08-07 00:00:00

Global insured losses from natural catastrophes reached $80 billion in the first half of 2025, preliminary estimates from Swiss Re Institute showed on Wednesday, driven by wildfires in California and severe thunderstorms in the United States, reports Reuters.The estimate nearly...

Amfori unveils new plan to reduce supply chain audit repetition

FE REPORT | 2025-08-07 00:00:00

Amfori, a global risk management facilitator, on Wednesday presented its new action plan aimed at reducing the repetition of audits in the supply chain and the resulting financial burden. John Stellansson, Amfori's head of business development and network, disclosed the...

Better prices to encourage rawhide preservation

FE REPORT | 2025-08-07 00:00:00

Commerce Adviser Sheikh Bashir Uddin on Wednesday expressed the hope that the favourable rawhide prices seen this year would encourage more people to preserve hides during next year's Eid-ul-Azha.He observed that those who preserved larger volumes of rawhide during the...

German factory orders fall amid tariff, growth woes

2025-08-07 00:00:00

FRANKFURT, Aug 06 (AFP): German industrial orders unexpectedly fell in June, official data showed Wednesday, as Europe's biggest economy struggles with prolonged domestic weakness and volatile US trade policy.New orders, closely watched as an indicator of future business activity, dropped...

Janata Bank PLC organised a tree plantation programme

2025-08-07 00:00:00

Janata Bank PLC organised a tree plantation programme at the bank's Area Office, Dhaka North, on Wednesday on the occasion of 'July Reawakening' and 'Youth Festival 2025'. Director of the bank and Additional Secretary of the Financial Institutions Division, Ministry...

Agrani Bank organises tree plantation programme

2025-08-07 00:00:00

On the occasion of 'July Uprising' and 'Youth Festival-2025', a tree plantation programme was organised by Agrani Bank PLC in the city on Wednesday. The event was led by Md Anwarul Islam, Managing Director and CEO of Agrani Bank. Md...

Rupali Bank organises tree plantation programme

2025-08-07 00:00:00

On the occasion of 'July Uprising' and 'Youth Festival-2025', a tree plantation programme was organised by Rupali Bank PLC in the city's Motijheel area on Wednesday. The event was led by Kazi Md Wahidul Islam, Managing Director of Rupali Bank....

BANGLADESH KRISHI BANK HOLDS TREE PLANTATION PROGRAMME

2025-08-07 00:00:00

On the occasion of celebrating the 'July Reawakening' and 'Youth Festival 2025', Bangladesh Krishi Bank held a tree plantation programme at the Krishi Bank's Staff College at Mirpur in Dhaka on Wednesday. Finance Adviser Dr. Salehuddin Ahmed was present as...

MERCANTILE BANK HOSTS TREE PLANTATION OBSERVING JULY UPRISING DAY

2025-08-07 00:00:00

Mercantile Bank hosted a tree plantation programme on the proposed Mercantile Bank General Hospital premises in Uttara, Dhaka on Wednesday to observe the "July Declaration & Uprising Day-2025". The bank's Managing Director Mati Ul Hasan inaugurated the programme as the...

PRIME BANK, BKASH PARTNER FOR AUTOMATED CASH SERVICES

2025-08-07 00:00:00

Prime Bank and bKash Limited on Monday inked a deal for cash management services. Faisal Rahman, additional managing director of Prime Bank, and Moinuddin Mohammed Rahgir, chief financial officer of bKash, signed the agreement at Prime Bank's head office. bKash...

MODHUMOTI BANK ORGANISES TREE PLANTATION EVENT to HONOUR JULY UPRISING

2025-08-07 00:00:00

As part of the nationwide tree plantation initiative led by the Ministry of Finance, Modhumoti Bank organised a tree plantation programme at its head office on Wednesday morning in observing the "July Renaissance" and "Youth Festival 2025". The event was...

BD receives $328m in remittances in 5 days of August

2025-08-07 00:00:00

Bangladesh received US$328 million remittance in the first 5 days of August of the fiscal year 2025-26, reports UNB.According to the latest data from the Bangladesh Bank, in the same period of the previous fiscal year, the amount was $181...

South Korean co to invest $ 8.06m in Mongla EPZ

2025-08-07 00:00:00

South Korean company OCF Co. Limited is set to invest US$8.06 million in Mongla Export Processing Zone (Mongla EPZ), reports UNB.The company will establish a tent manufacturing, tent accessories, camping furniture, furniture accessories, and bag industry. The Bangladesh Export Processing...

UCB Investment wins Asset Triple A Islamic Finance Awards again

2025-08-07 00:00:00

UCB Investment Limited (UCBIL) has once again been honoured at The Asset Triple A Islamic Finance Awards 2025, receiving two prestigious accolades: 'Sukuk Advisor of the Year' and 'Best Bank Capital Sukuk'.This marks the second consecutive year that UCBIL received...