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Rice imports hit record highs despite satisfactory stock

JASIM UDDIN HAROON | 2025-10-13 00:00:00

Rice imports into Bangladesh spiked by nearly a record 5,400 per cent in the first two months of this fiscal year as traders rushed to cash in on duty waivers coupled with price fall in India.Economists alert to risk of...

China vows to stand firm against Trump's 100pc tariff threat

2025-10-13 00:00:00

BEIJING, Oct 12 (AP): China signaled Sunday that it would not back down in the face of a 100 per cent tariff threat from President Donald Trump, urging the US to resolve differences through negotiations instead of threats."China's stance is...

Global 'value' tilt intensifies as US outflows hit 'growth' stock funds hardest

2025-10-13 00:00:00

More global investors are rotating into non-US "value" stocks, fund managers say, as stretched US valuations, rising fiscal strains, and weakening cash flow forecasts make rallying American equities look comparatively less attractive, reports Reuters.Investors have withdrawn $152 billion from US...

'Every electron counts': Why renewables stocks are back in play

2025-10-13 00:00:00

MILAN, Oct 12 (Reuters): A return of fund inflows into renewable energy stocks is helping to breath new life into these companies' shares, powering their strongest quarterly rise since the sustainability boom early this decade.After two years of bearish sentiment...

EU team meets Commerce Adviser

2025-10-13 00:00:00

A delegation of the European Union (EU), led by EU Ambassador to Bangladesh Michael Miller, held a meeting with Commerce Adviser Sk Bashir Uddin at his office at the Bangladesh Secretariat on Sunday, reports BSS.During the meeting, detailed discussions were...

Union Bank holds its 182nd board meeting

2025-10-13 00:00:00

The 182nd board meeting of the board of the directors of Union Bank PLC was held at its head office in the city on Sunday. Chairman of the bank Md Fariduddin Ahmed presided over the meeting. Chairman of the board...

Uttara Bank holds annual risk management confce

2025-10-13 00:00:00

An "Annual Risk Management Conference-2025" organised by Uttara Bank PLC was held at a city hotel recently. Md Abul Hashem, Managing Director and CEO of Uttara Bank PLC, attended the conference as the chief guest while Deputy Managing Director and...

Akij Bakers celebrates annual sales confce

2025-10-13 00:00:00

Akij Bakers Limited, one of the country's leading food manufacturing companies, hosted its Annual Sales Conference-2025 in Cox's Bazar recently, says a press release.The conference brought together top-performing sales representatives from across the nation along with senior officials of the...

Envoy Textiles hosts courtesy meeting with ADB team

2025-10-13 00:00:00

Envoy Textiles Limited hosted a high-level courtesy meeting with a delegation from the Asian Development Bank (ADB) at its corporate office in the city on Sunday, says a press release.The meeting was convened following the recent approval of a US...

Govt plans rail link for all EZs starting with Mirsarai

2025-10-13 00:00:00

The government has undertaken a major initiative to establish railway connectivity with all economic zones (EZs) across the country, including the National Special Economic Zone in Chattogram's Mirsarai, to make goods transportation faster, cheaper and more efficient, reports UNB."We are...

BANK ASIA PARTNERS WITH MOMEN REAL ESTATES TO OFFER HOME LOANS

2025-10-13 00:00:00

Bank Asia has entered into a strategic partnership with Momen Real Estates Limited to offer exclusive privileges for its home loan customers. Through this collaboration, Bank Asia will provide home financing facilities to clients of Momen Real Estates on a...

Stocks extend losses amid political unease, inflation worries

FE REPORT | 2025-10-13 00:00:00

Stocks tumbled further on Sunday, with the key index of the Dhaka Stock Exchange (DSEX) sinking to a three-month low, as jittery investors continued to offload shares to protect their funds from deeper losses.Analysts said market sentiment remained subdued as...

Digital reporting on the cards to ensure transparency in market data

FE REPORT | 2025-10-13 00:00:00

The securities regulator has decided to introduce a new technological framework to enhance transparency in data generation and transmission across the country's stock market.The adoption of a standardised digital reporting language will allow real-time data processing, enabling machines to interpret...

DESCO shows signs of recovery as losses shrink 75pc in FY25

FE REPORT | 2025-10-13 00:00:00

The latest disclosure by Dhaka Electric Supply Company (DESCO) reveals that it is still in the red but also shows a trend of recovery, with losses reduced by 75 per cent year-on-year in FY25.Higher distribution revenue and a stable foreign...

Banglalink enters into deal with FloSolar on 100MW solar energy

2025-10-13 00:00:00

Country's leading innovative digital operator Banglalink has signed a Memorandum of Understanding (MoU) with FloSolar Solutions Limited recently to install a 100MW solar power plant, says a statement. The plant will power Banglalink's telecom network across the country using clean...

G & G becomes Apple authorised reseller in BD

FE REPORT | 2025-10-13 00:00:00

Gadget & Gear, the country's largest multi-branded retail chain, has officially become an Apple Authorised Reseller in Bangladesh and unveiled the latest iPhone lineup at Gadget Studio by G&G - the nation's only Apple mono store at bti LANDMARK, Gulshan...

NCC Bank customers now can access Sonali Bank payment gateway

2025-10-13 00:00:00

Sonali Bank PLC signed an agreement with National Credit and Commerce Bank PLC (NCC) to collect challan, utility bill, pension scheme installments and other charges and fees from NCC Bank's Internet Banking customers through the Sonali Payment Gateway, says a...

New avenues for collaboration discussed

2025-10-13 00:00:00

UNICEF and International Chamber of Commerce (ICC) - Bangladesh, The world business organisation, convened a focused dialogue at the ICC Bangladesh Secretariat recently to explore new avenues for collaboration with the private sector to advance children's rights and sustainable development...

Abdul Monem Group seeks 12-year loan rescheduling, policy supports

REZAUL KARIM | 2025-10-13 00:00:00

Debt-burdened Abdul Monem Group, a local business conglomerate, has sought a set of policy supports including a 12-year loan rescheduling facility with a two-year grace period from the government, aiming to restructure its overall business and restore financial stability, sources...

US drillers cut oil and gas rigs for first time in six weeks: Baker Hughes

2025-10-13 00:00:00

US energy firms this week cut the number of oil and natural gas rigs operating, the first reduction in six weeks, energy services firm Baker Hughes said in its closely followed report on Friday, reports Reuters.The oil and gas rig...

AGRANI BANK HOLDS TRAINING ON CREDIT OPERATIONS AND MANAGEMENT

2025-10-13 00:00:00

Agrani Bank Training Institute (ABTI) launched a 10-day training course on Credit Operations and Credit Management on Sunday. Agrani Bank PLC Managing Director Md Anwarul Islam inaugurated the course as the chief guest. Md Jalal Uddin, General Manager (Administration), and...

JANATA BANK HOLDS HALF-YEARLY BUSINESS BRANCH MANAGERS' CONFCE

2025-10-13 00:00:00

The Half-Yearly Branch Managers' Business Conference 2025 of Janata Bank PLC's Khulna Division was held at a local conference center on Sunday. The bank's Chairman Md. Fazlur Rahman attended the event as the chief guest. Managing Director Md. Mazibur Rahman...

India's UTI Asset Management halts new investments in silver ETF

2025-10-13 00:00:00

UTI Asset Management Company has temporarily suspended fresh lump-sum and switch-in investments into the UTI Silver ETF Fund of Fund, effective October 13, 2025, the company said in a statement on Saturday, reports Reuters.The asset manager said this was due...

'Red Lady Papaya' gains popularity in Patuakhali

2025-10-13 00:00:00

PATUAKHALI, Oct 12 (BSS): The 'Red Lady Papaya' cultivated in Hogla village of Kanakdia Union, Bauphal, has become widely popular across the Upazila and the district of Patuakhali. Young entrepreneur Md. Nazmul, 30, who decided to leave his corporate job...

BD airports earn top marks in UK aviation security assessment

FE REPORT | 2025-10-13 00:00:00

The Civil Aviation Authority of Bangladesh (CAAB) has achieved an outstanding score during the airports assessment carried out by the Department for Transport (DfT), United Kingdom, in the month of August 2025. According to a press release issued by the...

West Indies put stiff fightback after follow-on

2025-10-13 00:00:00

NEW DELHI, Oct 12 (AFP): The West Indies did not lose a wicket after tea to be 173-2 in their second innings at the end of day three of the second Test Sunday after following on, but they still need...

Pakistan reach 313/5 at stumps against South Africa on Day 1

2025-10-13 00:00:00

LAHORE, Pakistan, Oct 12 (AFP): Pakistan rode on a brilliant 93 from Imam-ul-Haq to reach 313-5 after a brief fightback from South Africa on the opening day of the first Test in Lahore on Sunday.Shan Masood hit 76, but Haq...

Vacherot beats cousin Rinderknech to win Shanghai Masters title

2025-10-13 00:00:00

SHANGHAI, Oct 12 (AP): Valentin Vacherot beat his cousin Arthur Rinderknech 4-6, 6-3, 6-3 on Sunday to win the Shanghai Masters for the first title of his career after a stunning run from the qualifying rounds.The 204th-ranked Vacherot, an unheralded...

Tigresses take on SA to stay alive for WC semifinal

2025-10-13 00:00:00

In a bid to keep their semifinal hope alive, Bangladesh Women's team take on South Africa in their fourth game of the ICC Cricket World Cup at Vishakhapatnam in India today (Monday), reports BSS.The match will start at 3.30pm (Bangladesh...

Tigers suffer crushing defeat to Afghanistan in 2nd ODI

2025-10-13 00:00:00

Afghanistan crushed Bangladesh in all departments in the second ODI of the three-match contest and sealed the series, report agencies.The hosts bounced back strongly after the 3-0 defeat in the T20I series just before the ODIs.They won the toss and...