Incessant rainfall since Friday morning causes waterlogging in several parts of the capital, causing suffering to residents. The photo was taken from the Mirpur-Kalshi Road. — FE Photo
Prime Minister Tarique Rahman has taken a 10-point package of measures to address the flood and landslide situation in Chattogram and adjoining districts following days of heavy rainfall and hill runoff.Prime Minister's Office (PMO) Spokesperson Mahdi Amin shared the measures...
JUBAIR HASAN | 2026-07-11 00:00:00
Growing pressure of government's LC opening for imports to feed an expansionary economy prompts the central bank to hold its foreign-exchange-market intervention to keep taka-dollar pricing rates stable.The Bangladesh Bank (BB) started the market intervention on July 13 last year...
SYFUL ISLAM | 2026-07-11 00:00:00
An International Monetary Fund (IMF) team will engage in weeklong parleys with finance officials from tomorrow to assess Bangladesh's macroeconomic situation and discuss new financing packages, officials say. The IMF Mission Chief for Bangladesh, Ivo Krznar, will lead the 11-memebr...
JASIM UDDIN | 2026-07-11 00:00:00
Cash incentives for Bangladesh's export-oriented ready-made garment (RMG) manufacturers have been redoubled to 5.0 per cent from 1.5 per cent for resuscitating struggling spinning industry through greater use of locally produced yarns and fabrics.The Finance Division issued on July 9...
LONDON, July 9 (Reuters): The supply shock caused by the Iran war is sparking old Western aluminium smelters back into life.In the US, Magnitude 7 Metals is reactivating the New Madrid smelter in Missouri.Across the Atlantic, Norwegian producer Hydro has...
Gold edged lower on Friday and was set for a weekly loss, as rising crude oil prices and escalating US-Iran tensions fed concerns that the Federal Reserve may keep monetary policy tight for longer, reports Reuters.Spot gold fell 0.4 per...
When a nation passes its Golden Jubilee, the natural corporate instinct is to look backward. But for Concord Group, crossing the 50-year mark is a catalyst for a new era. As the country's premier infrastructure and real estate pioneer steps...
Islami Bank Bangladesh PLC organised a clients' get-together at its Uttara Branch on Wednesday. Md. Altaf Hossain, Managing Director (Acting) of the bank, attended the programme as the chief guest. Md. Mahbub-A-Alam, Senior Executive Vice President & head of Dhaka...
The Institute of Chartered Secretaries of Bangladesh (ICSB) and the Department of Accounting, University of Dhaka (DU), signed a Memorandum of Understanding (MoU) on Thursday at the Faculty of Business Studies, DU marking a significant milestone in strengthening collaboration between...
LONDON, July 10 (Reuters): Oil prices rose on Friday and were on track for weekly gains as renewed US-Iran fighting disrupted shipping in the Strait of Hormuz, stoking concerns over supply disruptions.Brent futures were up 60 cents, or 0.8 per...
India's continued downward slide in England has evidently shaken the Board of Control for Cricket in India (BCCI), which has now confirmed that it will conduct a review of the team's performance in Ireland and England. "We will have a...
SYDNEY, July 10 (Reuters) - The opening match of next season's Big Bash League (BBL) will take place in India in December, Australia Prime Minister Anthony Albanese said on Friday, as tournament organisers look to tap into cricket's most lucrative...
After the series defeat to Zimbabwe mainly owing to a poor batting show, Bangladesh have been slapped with a 10 percent fine on their match fee for maintaining a slow over-rate against the hosts in the second one-dayer, reports bdnews...
Mustafizur Rahman has been ruled out for four weeks, including the remainder of Bangladesh's tour of Zimbabwe, after suffering a right hamstring strain during the opening ODI and will return to Bangladesh to continue his rehabilitation, according to an announcement...
Bangladesh will look to avoid a whitewash against Zimbabwe in their third ODI series on Saturday as they were unable to overcome batting struggles in Harare's conditions despite performing well at home last few months, report agencies.The Tigers were dismissed...
FE REPORT | 2026-07-11 00:00:00
Bangladesh Jewellers' Association (BAJUS) has increased gold prices a day after a cut. The BAJUS Standing Committee on Pricing and Price Monitoring at a meeting on Friday revised the prices.The revised prices were announced in a notice signed by the...
The United Nations Industrial Development Organization (UNIDO), in collaboration with the SME Foundation and the Department of Environment (DoE), recognized 25 promising cleantech innovators from across Bangladesh at the National Cleantech Award Ceremony and Innovation Showcase, held on Thursday at...
CHATTOGRAM: Italian Ambassador to Bangladesh Antonio Alessandro reaffirmed Italy's keen interest in expanding technology cooperation, investment and long-term industrial partnerships with Bangladesh's textile and apparel sector during the 'Italian Textile Technologies with B2B Meetings' workshop hosted by the Chittagong Chamber...
TALHA BIN HABIB | 2026-07-11 00:00:00
The land owners could pay their land development taxes from home through a designated government website.A high official of the Ministry of Land ( MoL) said that the ministry in a message urged the land owners to pay land tax...
In recognition of its unwavering commitment to environmental sustainability and exemplary contributions to afforestation, Korean EPZ (KEPZ) has been awarded the National First Prize for Plantation 2025, one of Bangladesh's highest national honours for environmental conservation, says a press release.The...
The Cabinet on Thursday approved in principle three major policy measures, the draft Invest Bangladesh Act, 2026, the National Renewable Energy Development Strategy (2026-2030) and the Import Policy Order, 2026-2029- aimed at improving the investment climate, expanding renewable energy and...
Global investment banks and brokerages leading SK Hynix's mega share sale earned nearly $260 million in fees, a boost for the industry which took in a relatively modest $500 million from SpaceX's record share sale last month, reports Reuters.The fees...
Global equity funds attracted their largest weekly inflow in three weeks in the week to July 8, as strong demand for AI-linked technology products and cooling expectations for Federal Reserve rate hikes boosted risk appetite, reports Reuters.Global equity funds drew...
FE REPORT | 2026-07-11 00:00:00
BRAC Bank, in collaboration with Tarupallab, on Friday awarded six individuals with Dwijen Sharma Poribesh Padak 2025 for their contributions to biodiversity conservation, environmental research, afforestation and ecological awareness in the country.Environment Minister Abdul Awal Mintoo was present as the...
FE REPORT | 2026-07-11 00:00:00
The benchmark index of the Dhaka Stock Exchange (DSE) extended gains for a second week, surpassing 5,800-point mark for the first time in nearly two years, as investors responded positively to market-friendly fiscal measures and a series of reform initiatives.Market...
MADRID, July 10 (AFP): Eleven people were killed and 19 are missing after a wildfire tore through a Spanish village, with four victims who may have been British who were burned in their car, authorities said Friday.Authorities said many of...
MOSCOW, July 10 (AFP): Russia said on Friday it destroyed 376 Ukrainian drones across the country overnight and that fires broke out at several oil facilities.Ukraine has beefed up its efforts in recent months to hinder Moscow's financial capabilities in...
MANILA, July 10 (BBC): Landslides triggered by one of the strongest storms in decades have killed at least 15 people in southern Philippines, as parts of East Asia brace themselves for the looming storm.Typhoon Bavi, which spans 1,000km (620 miles)...
TEHRAN, July 10 (Arab News): Iran will respond to any attack against its infrastructure, including by striking Israel, the head of the country’s top security body said on Friday, after Tehran and Washington resumed fighting this week.“Any attack on infrastructure...
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