MOSCOW, Aug 3 (Reuters): Russia could face gasoline shortages in August despite an export ban, as low domestic stocks, peak seasonal demand and repair work at domestic refineries affect the market, trade sources said on Friday.The ban, imposed on Monday...
NEW DELHI, Aug 3 (AP): India has indicated that it would continue buying oil from Russia despite threats by U.S. President Donald Trump.The Indian foreign ministry said its relationship with Russia was "steady and time-tested," and should not be seen...
KARACHI/SINGAPORE, Aug 3 (Reuters): Pakistan's largest refiner Cnergyico will import 1 million barrels of oil from Vitol in October, Cnergyico's Vice Chairman Usama Qureshi said on Friday, the country's first-ever purchase of US crude following a landmark trade deal.The West...
Bangladesh Agricultural Research Institute (BARI) organised a photo exhibition titled "July Revolution Photo Exhibition-2024" at the main gate of the administrative building of BARI on Sunday to commemorate the July Revolution 2024 and pay tribute to the martyrs. BARI Director...
LONDON, Aug 3 (Reuters): OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked...
Shahjalal Islami Bank organised "Half-Yearly Business Conference-2025" on Saturday at Radisson Blu Dhaka Water Garden Hotel in the capital. The conference was presided over by Managing Director Mosleh Uddin Ahmed, while the bank's board Chairman A. K. Azad was present...
Prime Bank signed a strategic agreement with Neeshorgo Hotel & Resort, enabling the bank's cardholders to enjoy exclusive discounts and enhanced payment convenience at the hotel. As part of this partnership, Prime Bank cardholders will receive up to 50 per...
Modhumoti Bank donated Tk 1.8 million to "Bangladesh Eye TruSst Hospital" under the bank's corporate social responsibility programme on Thursday for cataract surgeries of underprivileged eye patients in rural areas. Md. Shafiul Azam, managing director & CEO of Modhumoti Bank,...
FE REPORT | 2025-08-04 00:00:00
AB Bank posted a staggering loss of Tk 15.03 billion for the April-June quarter this year, catching investors off guard, as it had shown a profit of Tk 36 million for the same period a year ago.The listed commercial bank...
FE REPORT | 2025-08-04 00:00:00
Despite the tight monetary policy to be maintained for July-December this year, EBL Securities has predicted a positive capital market outlook, relying on the falling yields of government bonds.Although the central bank kept the policy rate unchanged at 10 per...
Mohammad Abdur Razzaque and Syful Islam | 2025-08-04 00:00:00
The two neighbouring countries of Bangladesh and India share a land border of approximately 4,096 kilometres (2,545 miles), making it the fifth-longest international land border in the world. Under ideal circumstances, such geographic proximity should facilitate trade between the two...
Muhammad Zamir | 2025-08-04 00:00:00
Geo-strategic analysts have been underlining over the past few weeks how the United Nations is failing to resolve conflicts around the world, specifically in the Middle East. Its key peacemaking principle of multilateralism seems to have lost its legitimacy and...
In today's data-driven world, Management Information Systems (MIS) have become the central nervous system of modern businesses. Just as the brain connects and coordinates the human body, MIS integrates all key functional areas of an organisation-finance, human resources, marketing, operations,...
In our country, Members of Parliament are directly elected through general elections to serve in a unicameral legislative system. Their primary duties revolve around legislative responsibilities, including passing laws and ensuring oversight of the executive branch to hold it accountable...
Syed Fattahul Alim | 2025-08-04 00:00:00
Accounting for close to 30 per cent of the global consumer spending, the USA has been the favoured export destination of the rest of the world. The incumbent US president, Donald Trump, thinks it's unfair. Since, in his view, exporting...
The recent publication of Bangladesh's first-ever national Multidimensional Poverty Index (MPI) by the Planning Commission's General Economics Division (GED) has brought to light a harsh reality that roughly 40 million people remain trapped in multidimensional poverty. This is a cause...
US President Donald Trump's Friday tariff deadline brought little reprieve for markets, with stocks around the world taking a hit as investors fretted over the cost of disrupting global supply chains and the outcome of talks with China, reports Reuters.For...
Mohammad Mufazzal | 2025-08-03 12:00:00
The Chittagong Stock Exchange (CSE) has proposed listing on the Dhaka bourse to complete the demutualisation process in the absence of self-listing regulations.If the securities regulator accepts the proposal, the CSE will offload 35 per cent of its shares under...
Muhammad Mahmood | 2025-08-03 12:00:00
Donald Trump previously described tariff as his most favourite word and sees tariff to help grow the US economy, protect jobs and raise revenue. He even called tariff, 'the most beautiful word in the dictionary". Trump sees tariff to deal...
Nine-year-old malnourished Palestinian girl Mariam Dawwas sits on a bed with her mother in the Rimal neighbourhood in Gaza City on Saturday. The World Health Organisation warned on July 27 that malnutrition was reaching "alarming levels" in Gaza. — AFP
FE REPORT | 2025-08-03 00:00:00
Nahid Islam, convener of the National Citizen Party (NCP), has called for constitutional recognition of the 'July Declaration' by incorporating it into the Preamble and Schedules of the Constitution.He also demanded that the 'July Charter' be finalised and published by...
M AZIZUR RAHMAN | 2025-08-03 00:00:00
The government has extended a sovereign and indemnity guarantee to the World Bank (WB) to support Petrobangla's costly liquefied natural gas (LNG) imports, ensuring payment if the state-run company fails to repay its loans on time.A senior official from the...
The interim government has finalised the draft of the July Proclamation, reports BSS.The July Proclamation will be presented before the nation on Tuesday (August 5) at 5 pm in the presence of all stakeholders of the mass uprising, said a...
FE REPORT | 2025-08-03 00:00:00
Bangladeshi-made readymade garment exports to the USA will face tariff at a rate of 36.5 per cent which includes 20 per cent reciprocal and existing 16.5 per cent tariff. The local RMG exports to its largest destination would get conditional...
FE Report | 2025-08-03 00:00:00
The US Customs and Border Protection (CBP) has set a strict deadline for shipments to qualify for exemption from new tariffs imposed on imports, including those from Bangladesh. According to a notification from US CBP, goods already en route on...
JASIM UDDIN | 2025-08-03 00:00:00
Apparel exporters and their US buyers are gathering wits for full-steam resumption of trade as the Trump tariff tempest calms with the United States deciding to settle on a pared-down 20-percent reciprocal tariff on Bangladeshi exports.Some of the buyers are...
JAHIDUL ISLAM | 2025-08-03 00:00:00
The Economic Relations Division (ERD) under the Ministry of Finance has instructed all ministries and divisions to exclude development partner representatives from Project Steering Committee (PSC) and Project Implementation Committee (PIC) meetings convened by sponsor ministries and implementing agencies.In a...
OUR CORRESPONDENT | 2025-08-03 00:00:00
COX'S BAZAR, Aug 02: Four passengers and the driver of a CNG-run auto-rickshaw were killed after the three-wheeler was rammed by a train while going over Rashidnagar railway crossing in Ramu, Cox's Bazar on Saturday.Ramu Police Station Officer-in-Charge Taibur Rahman...
Information and Broadcasting Adviser Md. Mahfuj Alam on Saturday said Shaheed Minar is a symbol of resistance and victory."We started from here and we were able to celebrate the victory only after coming here," he said at the end of...
Jatiyatabadi Chhatra Dal (JCD) will hold a student rally at Shahbagh in the capital today (Sunday).The organisation has expressed regret over the inconvenience to be caused to citizens in the capital due to the rally, it said in a statement...
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