58th meeting of the Board of Directors of SBL Capital Management The 58th meeting of the Board of Directors of SBL Capital Management Limited was held on Wednesday at its Head Office in Dhaka. Chairman of the Board Kamal Mostafa...
FE Report Handa Industries Co, a Hong Kong-based textile and apparel chain, has announced it will invest 250 million USD in Bangladesh.Handa Industries Ltd. Chairman Han Chun announced the plan while meeting Chief Adviser Professor Muhammad Yunus at the State...
FE REPORTThe government on Wednesday signed a revised gas sales and payment agreement with Karnaphuli Fertilizer Company Limited (KAFCO) and realised outstanding gas bills worth Tk 9.24 billion from the multinational company.In addition, KAFCO paid an overdue demand charge of...
TOKYO, July 30 (AFP): Japan sweltered in a new record temperature of 41.2C on Wednesday, with the mercury also hitting 40C in the ancient capital of Kyoto for the first time since observations began.Temperatures the world over have soared in...
KYIV, July 30 (AFP): A Russian strike on a military training camp killed at least three Ukrainian soldiers on Tuesday, following an overnight offensive in the south that killed a pregnant woman and a dozen prisoners.The Kremlin has come under...
LONDON, July 30 (AFP): Prime Minister Keir Starmer announced Tuesday the UK will formally recognise the State of Palestine in September unless Israel takes various "substantive steps", including agreeing to a ceasefire in Gaza.The potentially landmark move, part of Starmer's...
BRAC Bank has promoted M. Masud Rana FCA, currently serving as deputy managing director and chief financial officer, to the position of additional managing director (AMD) of the bank, effective August 1, 2025.Masud Rana joined BRAC Bank in October 2019...
MODHUMOTI BANK HOLDS 88TH BOARD MEETINGThe 88th meeting of the board of directors of Modhumoti Bank was held on Tuesday. Humayun Kabir, chairman of the board, was present at the meeting, along with other members of the board including Mohammad...
Md. Ataur Rahman, ndc, has recently joined Bank Asia as an Independent Director, according to a press statement.Ataur Rahman brings with him a distinguished legacy of public service, having commenced his career in the Bangladesh Civil Service (administration cadre) in...
Nazimuddin Shyamol | 2025-07-31 00:00:00
CHATTOGRAM, July 30: BNP Standing Committee Member Amir Khasru Mahmud Chowdhury said that the country's capital market could not achieve its potential."Many investors have taken short-term loans from banks, creating a mismatch. Although the capital market is meant for long-term...
ORLANDO, Florida, July 30 (Reuters): US President Donald Trump has tempered his most belligerent trade threats and begun striking deals with major partners, meaning most countries won't face the punishing tariffs announced on 'Liberation Day'. Not so Brazil.In fact, Brazil's...
Eastern Bank (EBL) has been honoured with the 'Most Innovative Digital Bank - Bangladesh' award at the International Finance Banking Awards 2025, according to a press statement. The accolade was presented by the London-based International Finance magazine, which is globally...
UCB hosts month-long Entrepreneurship Development Program in BoguraUnited Commercial Bank PLC (UCB) has recently concluded a month-long Entrepreneurship Development Program (EDP) in Bogura, aimed at empowering potential and existing entrepreneurs who are currently outside the formal banking and financing network....
SOUTHEAST BANK LAUNCHES11 AGENT BANKING OUTLETSSoutheast Bank formally launched 11 agent banking outlets - "Shagotom" to facilitate the unbanked people across the country, especially at the rural and semi-urban areas in Bogura, Tangail, Gazipur, Rajbari, Faridpur, Satkhira, Khulna and Feni....
FE Report | 2025-07-31 00:00:00
Leading non-bank financial institution DBH Finance posted a 12 per cent year-on-year rise in profit to Tk 264.16 million for the second-quarter to June, driven by higher investment income.Earnings per share rose to Tk 1.30 in April-June this year from...
Babul Barman | 2025-07-31 00:00:00
Most multinational companies (MNCs) saw their profits erode in the first half of 2025, compared to the same period last year, largely due to high finance costs amid political uncertainty. Economic activities have slowed down after the political changeover and...
Leon Marchand was fastest in the 200 metres individual medley (IM) heats at the world championships in Singapore on Wednesday as France's Olympic hero made his long-awaited return to the world stage, reports Reuters.The four-times Olympic champion glided to a...
Bangladesh women's football team, who qualified for their AFC Asia Cup finals debut with aplomb earlier this month, have been drawn in Group B for the tournament to be held in Australia next year, alongside North Korea, China and Uzbekistan,...
Wicketkeeper-batter Nurul Hasan Sohan says he is not losing sleep over a national team recall and is instead focusing on doing his job-scoring runs and leading from the front in domestic cricket, reports UNB.Nurul has always been a consistent performer...
SYLHET, July 30 (UNB): Police recovered the body of a sand quarry worker, who went missing in the Piyain River in Jaflong under Gowainghat upazila of Sylhet two days back, on Wednesday.Hare Krishna Chandra Das, 48, hailed from Khalapara village...
OUR CORRESPONDENT MAGURA, July 30: Abrupt fall in betel leaf price have frustrated Magura growers with the wholesalers blaming primarily fall of demand due to damage sustained in rainfall, while farmers are blaming wholesaler, or, middlemen syndicate.Joydeb Shaha, a trader...
NAOGAON, July 30 (UNB): The potato farmers in Naogaon district staged a demonstration in front of Sadar Upazila Parishad on Wednesday after dumping potatoes on a road demanding that the price of potatoes be fixed by the government.The farmers under...
A CORRESPONDENTMANIKGANJ, July 30: Manikganj Town Bazar, located at the heart of the town and one of the largest markets in the district, serves as a big commercial hub where numerous buyers and sellers gather to meet their daily needs....
RANGAMATI, July 30 (UNB): Rangamati district administration has restricted the movement of tourists on Kaptai Lake hanging bridge in Rangamati as it went under water following the rise in water level in the lake amid heavy rain. Alok Bikash Chakma,...
TOKYO, July 30 (Reuters): Nippon Steel signed a cooperation memorandum with Denmark's wind turbine maker Vestas Wind Systems on Wednesday to supply steel for Vestas' wind towers for European, Asian and Japanese markets, Japan's industry ministry said.The agreement was part...
LONDON, July 30 (Reuters): Oil prices steadied on Wednesday as investors awaited developments on U.S. President Donald Trump's tighter deadline for Russia to end the war in Ukraine and his tariff threats to countries that trade its oil.The most active...
Gold fell on Wednesday as solid US economic data reinforced expectations that the Federal Reserve will hold interest rates steady at its upcoming meeting, while also increasing the likelihood that rate cuts may be pushed back for the remainder of...
The government has decided to dig two more gas wells in Jamalpur as part of the ongoing exploration work."We hope that digging work for two more wells in Jamalpur will be started in January next year for searching gas, after...
Karnaphuli Insurance holds 38th AGMKarnaphuli Insurance PLC held its 38th Annual General Meeting (AGM) virtually on Wednesday. Chairman of the company Nizam Uddin Ahmed presided over the meeting. Vice-chairman Nasir Uddin Ahmed, Director Riaz Uddin Ahmed, Raquiba Banu, Sabita Ferdushi,...
Tour Operators Association of Bangladesh (TOAB) on Wednesday demanded revision of the Bangladesh Tour Operators and Tour Guides (Registration and Operation) Rules, 2024.It also urged the government to make the policy practical, consistent and aligned with the realities of the...
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