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Ship-breaking industry slows as regulatory hurdles mount

Monira Munni | 2025-07-23 00:00:00

Bangladesh's ship-breaking industry is facing significant headwinds, with imports of scrapped vessels plunging by 36 per cent in the first half of 2025.The setback is largely due to new regulatory requirements, delayed clearances, and procedural complications under a stricter global...

Bond yields tumble as liquidity-rich banks flock to BGTBs

SIDDIQUE ISLAM | 2025-07-23 00:00:00

In a striking shift, the yield on long-term treasury bonds plunged by 187 basis points in a single day, as banks scrambled to park surplus liquidity in risk-free government securities amid tepid credit demand from the private sector.The cut-off yield,...

Slow deposit growth deepens liquidity strain in most banks

JUBAIR HASAN | 2025-07-23 00:00:00

Deposit growth in banks has continued to fall in recent months, intensifying liquidity crunch amid persisting economic slowdown, said officials and bankers.They attributed the declining trend in deposit inflows to multiple factors, including higher inflation, sluggish economic activity, and a...

CA consults leaders of four major parties

FE Desk | 2025-07-23 00:00:00

Chief Adviser Professor Muhammad Yunus consulted leaders of four major political parties on Tuesday night on latest developments in the country, according to a Facebook post by the Press Secretary to the CA, Shafiqul Alam. The meeting was attended by...

Dhaka seeks a timeframe for third round

FE REPORT | 2025-07-23 00:00:00

Bangladesh has sought a time frame for resuming the third round of talks on new US tariff with the United States Trade Representative (USTR), sources said.Dhaka was supposed to send its position paper (Bangladesh position) to the US administration concerned...

Police-student clashes near Secretariat leave 90 injured

FE REPORT | 2025-07-23 00:00:00

At least 90 people were injured in clashes between students and law enforcement outside the Secretariat in the capital on Tuesday, as students protested the recent Air Force fighter jet crash at Milestone School and College and the sudden postponement...

Nation observes state mourning

2025-07-23 00:00:00

The nation observed a one-day state mourning on Tuesday over deaths and injuries in the tragic crash of a Bangladesh Air Force (BAF) training aircraft at Milestone School and College in the capital's Uttara Diabari area, reports BSS.As part of...

Demands of Milestone students justified: CAO

FE REPORT | 2025-07-23 00:00:00

The interim government considers reasonable and justified all six demands raised by the aggrieved students of Milestone School and College over the aviation accident causing casualties, and assures prompt remedial measures.A spokesperson for the Chief Adviser's Office stated the government...

Milestone jet-crash toll rises to 29

FE REPORT | 2025-07-23 00:00:00

Milestone jet-crash death toll rises to 29 by the latest official count on Tuesday as many groaned in hospitals and the nation mourned the tragedy. A total of 68 injured victims were currently undergoing treatment at various hospitals, according to...

Trade-based money laundering drains $16b a year for laxity

FE REPORT | 2025-07-23 00:00:00

Bangladesh loses US$16 billion annually through trade-based money laundering alone for policy leniency and lax regulation of trading operations, reveals an official outfit's study and prescribes preventives. Despite having strong policy frameworks to help combat trade-based money laundering (TBML), the...

Light rain likely today ===

2025-07-23 00:00:00

Light to moderate rain is likely to occur at a few places over Rangpur, Mymensingh, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Wednesday). Day temperature may rise slightly and night temperature may remain nearly...

BRAC University James P Grant School of Public Health

2025-07-23 00:00:00

BRAC University James P Grant School of Public Health (JPGSPH) recently organised a workshop in the capital to disseminate the findings of a research 'Climate Change, Health System Resilience & Action Planning in Bangladesh'. JPGSPH Dean Dr. Laura Reichenbach, DG...

Dengue claims three lives, Covid stable

2025-07-23 00:00:00

FE Report The dengue death toll increased to 65, with three additional fatalities reported in the 24 hours leading up to 8 am on Tuesday, according to the Directorate General of Health Services (DGHS). However, four new cases of COVID-19...

HSC exams of July 24 postponed

2025-07-23 00:00:00

The Higher Secondary Certificate (HSC) and equivalent examinations scheduled for July 24 (tomorrow) have been postponed, reports UNB.Education Adviser CR Abrar disclosed the decision during a visit to Milestone School and College campus on Tuesday morning.He said the new date...

US, Kuwait express condolences over air crash

2025-07-23 00:00:00

The Bureau of South and Central Asian Affairs at the US Department of State has expressed deep sorrow over the tragic crash of a Bangladesh Air Force training aircraft in the capital's Uttara area, reports BSS.In a post on X...

CA designates burial site in Uttara for crash victims

2025-07-23 00:00:00

Chief Adviser (CA) Prof Muhammad Yunus on Tuesday designated a place at Uttara-12 near Milestone School and College for the burial of the victims of the aircraft crash, reports UNB. The graves will later be protected to preserve their memory,...

HC for mentioning blood group, parents' phone number on student ID

2025-07-23 00:00:00

The High Court (HC) on Tuesday ordered the authorities concerned to take necessary steps to mention blood groups and parents' phone numbers on students' identity cards, reports BSS.A HC division bench of Justice Fahmida Quader and Justice Sayed Jahed Mansur...

A funeral parade for Flight Lieutenant Towkir Islam Sagar was held at the Kurmitola Parade Ground

2025-07-23 00:00:00

A funeral parade for Flight Lieutenant Towkir Islam Sagar was held at the Kurmitola Parade Ground in Dhaka Cantonment on Tuesday. Sagar was piloting the BAF's F-7 aircraft that crashed into a building of Milestone School and College in Uttara...

A data-driven push to beat urban boil

MUNIMA SULTANA | 2025-07-23 00:00:00

Dhaka is set to gain its clearest picture yet of where heat strikes hardest and how rainfall patterns are evolving, a crucial step toward equipping city planners with actionable climate data amid rising urban temperatures and persistent water-logging woes.The Institute...

20 injured in Shibir-Chhatra Dal clash in Ctg

OUR CORRESPONDENT | 2025-07-23 00:00:00

At least 20 people were injured in a clash between Chhatra Shibir, Chhatra Dal, and Jubo Dal in Chattogram on Tuesday.The incident took place at 1 am, after Chhatra Dal and Jubo Dal took one, Ariful Islam, at Chawkbazar Police...

BNP holds doa mahfil for aircraft crash victims

2025-07-23 00:00:00

Bangladesh Nationalist Party (BNP) on Tuesday organised a doa mahfil and voluntary blood donation programme for the victims of Monday's aircraft crash at Milestone School and College in the city's Uttara, reports BSS.The doa mahfil was held on the ground...

ICT-2 to hold indictment hearing in Abu Sayed killing case on July 28

2025-07-23 00:00:00

The International Crimes Tribunal (ICT)-2 on Tuesday set July 28 for holding hearing on charge framing in a crimes against humanity case lodged over the killing of Begum Rokeya University (BRU) student Abu Sayed during the July-August Uprising, reports BSS.The...

A special munajat and doa mahfil was held at the Baitul Mukarram National Mosque

2025-07-23 00:00:00

A special munajat and doa mahfil was held at the Baitul Mukarram National Mosque in the capital on Tuesday, seeking salvation of the people who died and recovery of the injured in the airplane crash and subsequent fire at Milestone...

IFIC Bank Uposhakha Business Meet 2025 Held

2025-07-23 00:00:00

IFIC Bank Uposhakha Business Meet 2025 HeldIFIC Bank PLC, the largest bank in the country with 1,414 branches and sub-branches (Uposhakhas), successfully held its Uposhakha Business Meet 2025 on Monday at the Multipurpose Hall of IFIC Tower, Head Office in...

Mercantile Bank signed two different agreements with PRAN-RFL Group

2025-07-23 00:00:00

Mercantile Bank signed two different agreements with PRAN-RFL Group Mercantile Bank PLC has signed two different agreements with PRAN-RFL Group recent-ly at the Bank's Head Office, Dhaka. Uzma Chowdhury, CPA Director of PRAN-RFL Group and Dr. Md. Zahid Hossain, DMD...

DCCI condoles death of ex-VP Bashiruddin

2025-07-23 00:00:00

Former Vice President of Dhaka Chamber of Commerce and Industry (DCCI) Mohammad Bashiruddin breathed his last on 22 July, 2025 at a city hospital while undergoing treatment in the city. He was 63, reports BSS.President of Dhaka Chamber Taskeen Ahmed...

Community Bank signs strategic business agreement with Unique Hotel & Resorts

2025-07-23 00:00:00

Community Bank signs strategic business agreement with Unique Hotel & ResortsCommunity Bank Bangladesh PLC. has entered into a strategic business agreement with Unique Hotel & Resorts PLC., the owning company of The Westin Dhaka and Sheraton Dhaka. The agreement signing...

BD inks first short-term LNG deal with Oman's OQ Trading

M AZIZUR RAHMAN | 2025-07-23 00:00:00

The government has signed its first-ever short-term liquefied natural gas (LNG) supply deal with OQ Trading International of Oman, aiming to boost the country's gas supply and reduce dependence on the volatile spot market.The new sales and purchase agreement (SPA),...

Islami Bank Waqf account: A path to Sadaqah Jariyah

2025-07-23 00:00:00

Islami Bank Bangladesh's Mudaraba Waqf Cash Deposit Account (MWCDA) offers affluent individuals an opportunity to participate in a simple form of Sadaqah Jariyah (continuous charity). In this permanent voluntary account, the principal amount remains preserved while the income generated is...

BRAC Bank ranks among top sustainable banks for 5th year

2025-07-23 00:00:00

BRAC Bank has been recognised by the Bangladesh Bank as one of the top sustainable banks in the country for the fifth consecutive year, a distinction it has held every year since the rating's inception in 2020, according to a...