JHALAKATHI, Aug 1 (BSS): Guava market in Jhalakathi is not located in an open area rather it is in rows of boats in the canal water.The most attractive floating market in southern region is Vimruli guava market in Jhalakathi. Every...
Gold prices rose almost 2%, hitting a one-week high, on Friday after weaker-than-expected U.S. payrolls data boosted Federal Reserve rate cut expectations and fresh tariff announcements spurred safe-haven demand, reports Reuters.Spot gold climbed 1.9% to $3,351.61 per ounce, as of...
In 2024, Agrani Bank's total assets rose to Tk.1.28 trillion ( 1,28,106 crore) from Tk. 1.23 trillion (1,23,096 crore) in 2023, reflecting a 4.07% growth. Interest-earning assets increased by 3.22% to Tk. 830 billion (83,066 crore). The bank's total investment...
NEW DELHI/MOSCOW, Aug 1 (Reuters): At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new U.S. sanctions, trade sources said, and LSEG trade flows showed.The U.S. Treasury Department this week...
The National Consensus Commission has proposed establishing an upper house of parliament comprising elected representatives from each district and city corporation. As part of this proposal, it also recommended abolishing the current system of reserved seats for women in the...
In today's fast-paced digital world, leadership is not just about years of experience anymore. It is about data. The old gut-feeling way of deciding things is slowly fading. With management information systems, leaders can now see what is going on:...
Tanim Asjad | 2025-08-02 00:00:00
As the anniversary of the July mass uprising continues, it is also time to examine the achievements and disappointment of this historical event critically. The task is challenging and also problematic due to the complex nature of the mass uprising...
Nilratan Halder | 2025-08-02 00:00:00
Farmers in this country could not be more discriminated against. Growers of major crops appear to be only more so. This year potato farmers have produced a record high of 13 million tonnes of potato---4.0 million tonnes in excess of...
At a time when global trade tensions are running high and tariffs are being used as tools of economic pressure, Bangladesh's achievement in securing a lower duty from the United States is both remarkable and beneficial. The reduction of the...
SH Zahid | 2025-08-02 00:00:00
The Human Rights Watch (HRW) has accused the Arakan Army (AA), a powerful ethnic resistance force fighting the Myanmar military junta in Rakhaine State of Myanmar, of unleashing severe repression on and control over the Rohingya population. In a statement...
Md Ezazul Islam, Mahmud Salah Uddin Naser, Md Omor Faruq, and Ahsan Ullah | 2025-08-02 00:00:00
Bangladesh Bureau of Statistics (BBS) has been compiling and publishing national accounts since 1972. According to the BBS, nominal gross domestic product (GDP) stood at US$459 billion in FY24. Recently, Citibank Capital, a subsidiary of City Bank PLC, published a...
European equity funds came under selling pressure in the week through July 30 as a rally in regional stocks cooled, with investors growing cautious over the uncertain economic implications of the US-EU trade deal and signs of weakening corporate earnings,...
The head of the US securities regulator unveiled sweeping plans to overhaul capital markets regulations on Thursday to accommodate cryptocurrencies and blockchain-based trading, in a major win for the digital asset industry, which has long pushed for tailored rules, reports...
Dove soap maker Unilever beat forecasts for second-quarter underlying sales growth on Thursday, citing strong demand at its ice cream business which it will spin off later this year as part of an ongoing reorganization, reports Reuters.The company said the...
Microsoft hit $4 trillion in stock market value on Thursday, becoming the second publicly traded company after Nvidia to surpass that milestone following a blockbuster earnings report that showed its massive bets on AI are paying off, reports Reuters Strong...
FE REPORT | 2025-08-02 00:00:00
IDLC Finance has reported an impressive 45 per cent year-on-year growth in profit for the second quarter (April-June) of this year, driven by higher investment income. The non-bank financial institution (NBFI) posted a profit of Tk 579 million in Q2,...
FE REPORT | 2025-08-02 00:00:00
Stocks extended their rally for the eighth straight week, with the benchmark equity index surpassing 5,400 mark for the first time in 10 months, as buoyant investors continued to put fresh bets on blue chip shares.The improving macroeconomic factors, supported...
JAHIDUL ISLAM | 2025-08-01 12:00:00
Nearly half of the procurement contracts executed by the Central Medical Stores Depot (CMSD) during the 2023-24 fiscal year saw low bidder participation, raising concerns about competition, transparency, and value for money, reveals the recent Procurement Post Review of the...
Syed Muhammed Showaib | 2025-08-01 12:00:00
The Dhaka Stock Exchange (DSE), Bangladesh's main financial marketplace, has now been on a steady upward climb for eight consecutive weeks. During this gaining streak, the benchmark DSEX index crossed the 5,400 mark for the first time since last November....
The so-called "reciprocal tariff" policy of the U.S. administration has already emerged as a potentially destabilising force in global trade -- arguably more damaging than any recent disruption. While third world countries are likely to suffer the worst consequences, particularly...
ISLAMABAD/WASHINGTON, July 31 (Reuters): The United States and Pakistan hailed a trade deal on Thursday that Islamabad said would lead to lower tariffs and increased investment, but without specifying the level of tariff to be levied on Pakistani exports."This deal...
The "July March" of the National Citizen Party (NCP) has returned to Dhaka, concluding its month-long procession after meeting supporters of the July Uprising across the country.NCP leaders and activists of the capital welcomed the top leaders with showers of...
People from different walks of life suffer as a group of protesters under the banner of July Fighters block the Shahbagh intersection in the capital, demanding immediate implementation of the July Declaration and July Charter, and their inclusion in permanent...
Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir on Thursday stressed mutual understanding among political parties given the current political situation in the country, reports BSS."There must be mutual understanding among political parties. There will be mudslinging in...
FE REPORT | 2025-08-01 00:00:00
The government has kept unchanged the prices of diesel, kerosene, petrol and octane at Tk 102 per litre, Tk 114 per litre, Tk 118 per litre and Tk 122 per litre respectively for the month of August under the automatic...
The Dhaka North City Corporation (DNCC) on Thursday launched a special drive to recover its 1500 acres of water bodies and wetlands under the Detailed Area Plan (DAP) of the Rajdhani Unnayan Kartripakkha (RAJUK).As part of the drive, Administrator of...
FE REPORT | 2025-08-01 00:00:00
Nuruddin Md Sadeque Hossain has tendered his resignation as Managing Director (MD) of Southeast Bank PLC.He submitted his resignation to the Chairman of the bank's Board of directors on 28 July 2025, citing his health grounds, according to a press...
DOULOT AKTER MALA | 2025-08-01 00:00:00
The government is rethinking its decision to impose a 7.5% VAT on the import of ocean-going ships, following strong backlash from local investors and concerns over potential damage to a booming foreign exchange-earning sector. After promising tax exemptions until 2030,...
FE REPORT | 2025-08-01 00:00:00
Two separate special courts in Dhaka have framed charges against 27 individuals, including ousted Prime Minister Sheikh Hasina, her sister Sheikh Rehana, and their family members, in six cases filed on charges of abusing power in acquiring plots in RAJUK's...
FE Report | 2025-08-01 00:00:00
Bangladesh's 24.05 per cent or nearly one-fourth of people are multi-dimensionally poor as they are deprived from some 11 dimensions, said a government report.In 2019, 24.05 per cent of the population was identified as multi-dimensionally poor, meaning that around 39.77...
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