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Jamaat, allies announce nationwide protest over five-point demand

FE REPORT | 2025-10-20 00:00:00

The Bangladesh Jamaat-e-Islami, along with like-minded parties, announced on Sunday a nationwide protest programme to press five demands, including introducing a Proportional Representation (PR) system in the next national elections.At a press conference held at the National Press Club in...

Korea eyes trade pact with Bangladesh amid investment hurdles

FE REPORT | 2025-10-20 00:00:00

South Korea is pushing for early conclusion of a Comprehensive Economic Partnership Agreement (CEPA) with Bangladesh, as both countries seek to elevate a five-decade-long relationship to a new level of trade and investment cooperation.Speaking at a seminar on Korean investors'...

Many practitioners face regulatory limbo

DOULOT AKTER MALA | 2025-10-20 00:00:00

Bangladesh's financial reporting and audit ecosystem is on the verge of serious disruption as the Financial Reporting Council (FRC) has yet to complete the enlistment and renewal process for auditors and audit firms, leaving many practitioners in regulatory limbo.Despite clear...

Banks must inform borrowers 30 days before loan write-offs

FE REPORT | 2025-10-20 00:00:00

Commercial banks have to inform the borrowers at least 30 days before their loans being written off, a latest central-bank instruction says on a policy update. Bangladesh Bank, the country's central bank, issued the directive so that loan defaulters can...

Strike ends as CPA puts tariff hike on hold

NAZIMUDDIN SHYAMOL | 2025-10-20 00:00:00

CHATTOGRAM, Oct 19: Transport owners and workers at the Chattogram Port withdrew their strike on Sunday afternoon as the Chittagong Port Authority (CPA) agreed not to realise the recently hiked charges for the time being.CPA Secretary Mohammad Omar Faruk told...

Storing valuable imports sans fire detection-protection system alleged

FE REPORT | 2025-10-20 00:00:00

Storing huge imports that include combustible chemicals in Dhaka airport's cargo section sans effective fire-detection-and protection systems is what caused Saturday's devastating blaze, according to a fireman. Several counts of equipment of Rooppur Nuclear Power Plant were among the import...

MENA sovereigns stable as reforms, fiscal strength cushion risks: Fitch

2025-10-20 00:00:00

RIYADH, Oct 19 (Arab News): Sovereign ratings in the Middle East and North Africa remain resilient despite regional conflicts mainly supported by ongoing reforms and strong fiscal buffers, Fitch Ratings said. In its latest regional peer review, the credit rating...

Oman launches centre to boost national cybersecurity industry

2025-10-20 00:00:00

RIYADH, Oct 19 (Arab News): Oman has launched the Hadatha Centre for Cybersecurity Manufacturing at Middle East College, marking a major step toward advancing the country's digital economy.The initiative - spearheaded by the Ministry of Transport, Communications, and Information Technology...

US-China trade war clouds global economic outlook as 'new normal' emerges

2025-10-20 00:00:00

WASHINGTON, Oct 19 (Reuters): International finance chiefs are returning home with a measure of relief over the surprising resilience of the global economy to the cascade of policy shocks through the first nine months of Donald Trump's second US presidency...

S Arabia hits 79pc digital transactions in its cash to code journey

2025-10-20 00:00:00

JEDDAH, Oct 19 (Arab News): Saudi Arabia has achieved a major milestone in its financial transformation, reaching a 79 per cent cashless transaction rate in 2024 - surpassing its 2025 target ahead of schedule, according to an official.In an exclusive...

Agrani Bank launches fortnight-long services for customers

2025-10-20 00:00:00

Agrani Bank PLC inaugurated fortnight-long services for customers as part of the youth festival-2025 programme. Md Syed Kutub, Additional Secretary, Financial Institutions Division, Ministry of Finance, and the bank's Director, inaugurated the programme at the bank's head office on Sunday....

Rupali Bank launches customer service fortnight programme

2025-10-20 00:00:00

Rupali Bank PLC launched a customer service fortnight programme at its head office in the city on Sunday. Md Ahsan Kabir, Additional Secretary of the Financial Institutions Division under the Ministry of Finance, inaugurated the programme. Managing Director of Rupali...

ICB, subsidiary cos launch customer service programme

2025-10-20 00:00:00

The Investment Corporation of Bangladesh (ICB) and its subsidiary companies jointly launched a customer service fortnight programme at its subsidiaries head office in the city on Sunday. Chairman of the board of directors of ICB Prof Abu Ahmed inaugurated the...

NRBC Bank holds foundation training course-

2025-10-20 00:00:00

The closing ceremony of a 10-day foundation training course for the officials of NRBC Bank PLC ended at its Training Institute in the city on Thursday. Dr Md Touhidul Alam Khan, Managing Director and CEO of NRBC Bank, attended the...

BRAC BANK, BGBA ORGANISE WORKSHOP TO STRENGTHEN BUYING HOUSES

2025-10-20 00:00:00

BRAC Bank, in collaboration with the Bangladesh Garment Buying House Association (BGBA), organised a workshop in the capital to promote seamless trade and payment solutions for the buying house sector. The event, held at the BGBA premises, brought together over...

PRIME BANK PARTNERS WITH BTI TO OFFER DISCOUNTS ON APARTMENTS

2025-10-20 00:00:00

Prime Bank has entered into a strategic partnership with building technology & ideas ltd (bti), one of Bangladesh's most reputed real estate developers, to offer exclusive discounts on flat purchases to its valued customers. A formal signing ceremony marking this...

IFIC Bank stands beside women on tech advancement

2025-10-20 00:00:00

IFIC Bank has been conducting a nationwide campaign under the initiative "Stand beside Women on Tech Advancement" distributing computers to educational institutions across the country. As part of the initiative, IFIC Bank has donated computers and books at Holy Family...

Ikhtier Khan new vice chairman of Mercantile Bank Securities

2025-10-20 00:00:00

Mercantile Bank Securities Limited (MBSL) has elected Md Ikhtier Khan Prince as its new Vice Chairman recently, says a press release.This was disclosed at the 75th board meeting of MBSL held recently. Mr Prince is a seasoned business leader with...

BD, China vow to strengthen cooperation marking 50 years of diplomatic ties

2025-10-20 00:00:00

Bangladesh and China have reaffirmed their commitment to deepening cooperation and advancing shared development as the two nations marked the 50th anniversary of diplomatic relations, reports BSS.The pledge came at a seminar titled "Join Hands to Act on the Four...

Why fresh funds are so urgent

FARHAN FARDAUS | 2025-10-20 00:00:00

The Investment Corporation of Bangladesh (ICB) is hopeful of returning to profit if it gets immediate liquidity support to overcome its liabilities.The largest investment bank, which is highly dependent on the secondary market for revenue generation, has already shown signs...

BSRM posts record profit in FY25 on higher sales, lower input costs

FE REPORT | 2025-10-20 00:00:00

Bangladesh Steel Re-Rolling Mills (BSRM) has secured a record profit in FY25 in a challenging business environment, driven by higher sales and lower input costs.It earned a consolidated profit of Tk 6.14 billion in the year, a 42 per cent...

Amendment to DAP approved on principle

2025-10-20 00:00:00

The Advisory Committee has given approval on principle to the amendments of the Detailed Area Plan (DAP) and draft of the Dhaka Metropolitan Building Rules-2025, reports BSS.The approval came from a meeting of the Advisory Committee at Ministry of Housing...

Janata Bank rolls out two digital initiatives

FE REPORT | 2025-10-20 00:00:00

Janata Bank PLC has rolled out two major digital initiatives - the NFC-enabled "Taka Pay Card" and the "E-Credit Management System", aiming to enhance customer service and modernise loan disbursement through digital transformation.The bank launched the initiative marking the celebration...

Community Bank launches 'Startup Nest'

2025-10-20 00:00:00

In a landmark initiative for the country's startup ecosystem, Community Bank Bangladesh PLC has officially launched "Startup Nest", the country's first bank-led accelerator programme designed exclusively for startup companies.The programme was inaugurated during the bank's sixth anniversary at Hotel Intercontinental,...

Bangladesh Reconditioned Vehicles Importers and Dealers Association forms a human

2025-10-20 00:00:00

Bangladesh Reconditioned Vehicles Importers and Dealers Association forms a human chain in the city on Sunday, demanding punishment to those who demanded extortion money and attacked car showrooms in Pragati Sarani and Baridhara areas recently.

World Statistics Day, National Statistics Day today

2025-10-20 00:00:00

The government will observe World Statistics Day and National Statistics Day-2025 today in a befitting manner, reports BSS.The theme of this year's observance is "Driving Change with Quality Statistics and Data for Everyone".Chief Adviser Professor Muhammad Yunus issued a message...

ICC Bangladesh to host 'ICC Global Banking Commission Meeting' in city

2025-10-20 00:00:00

The International Chamber of Commerce (ICC) Banking Commission, Paris has proposed to hold the ICC Global Banking Commission Meeting jointly with ICC Bangladesh in Dhaka during October-November 2027.The proposal was accepted by ICC Bangladesh Banking Commission Meeting held at ICCB...

EDOTCO signs deal with telcos to boost nationwide connectivity

FE REPORT | 2025-10-20 00:00:00

In a significant move to enhance the country's digital infrastructure, EDOTCO Bangladesh entered into a tower-sharing agreement on Sunday with state-owned Teletalk and a leading private telecom operator to support wider network expansion across Bangladesh.Under the arrangement, EDOTCO will provide...

Climate-tolerant farming changes lives in coastal Dakop

OUR CORRESPONDENT | 2025-10-20 00:00:00

KHULNA, Oct 19: Khulna's Dakop was once a poverty-stricken and disaster-prone coastal region of South-West Bangladesh, but thanks to the now prevalent climate tolerant farming practices, it has become an example of a silent revolution featuring a notable participation of...

Chhengarchar Municipality runs short of 90pc staff

OUR CORRESPONDENT | 2025-10-20 00:00:00

CHANDPUR, Oct 19 :Despite being a 1st class municipality, Chhengarchar Paurasava in Matlab Uttar upazila of the district runs short of 90 percent staff in the office; and that's why around one lakh dwellers are being deprived of getting due...