M AZIZUR RAHMAN | 2025-07-21 00:00:00
The interim government has moved to set rates for nine large power plants that have been selling electricity to the Bangladesh Power Development Board (BPDB) without official tariff approval. However, the power plants in question are owned by the state-run...
Police have initiated four murder cases over the deadly violence surrounding a National Citizen Party rally in Gopalganj, reports bdnews24.com.Each of the cases list 1,400-1,500 unidentified members of the Awami League and its affiliated groups.On Sunday, Gopalganj Sadar Police chief...
FE REPORT | 2025-07-21 00:00:00
Bangladesh has signed a Memorandum of Understanding (MoU) with the United States to import 0.7 million tonnes of high-quality wheat annually from the US over the next five years at competitive prices.This step was taken to deal with the new...
JASIM UDDIN HAROON | 2025-07-21 00:00:00
Bangladesh's reserve precious metals' value has nearly doubled, driven largely by a surge in global gold prices amid decline in value of reserve-currency dollar, central bankers and economists say.According to Bangladesh Bank's latest annual report released last week, the combined...
Fast bowlers Taskin Ahmed and Mustafizur Rahman rocked Pakistan for 110 before opener Parvez Hossain hit an unbeaten 50 as Bangladesh won the first Twenty20 international by seven wickets in Dhaka on Sunday, reports AFP.Taskin finished with 3-22 while Rahman...
FE REPORT | 2025-07-21 00:00:00
Bangladesh's apparel apex body unveils move to hire US lobbyists to leapfrog retaliatory tariffs as business leaders, economists and experts take exception to interim government's handling of the staggering negotiations with the United States. Addressing a roundtable discussion titled 'US...
FE REPORT | 2025-07-21 00:00:00
Bangladesh is considering granting greater duty exemptions on products imported from the United States to boost bilateral trade and reduce the existing imbalance between the two countries, according to sources.The proposal came up during the second and final inter-ministerial meeting...
SYFUL ISLAM | 2025-07-21 00:00:00
Container-depot owners have announced a steep hike in charges of outbound goods-laden box handling up to 81 per cent which exporters term a fresh blow amid troubling reciprocal- tariff tussle with the United States.Bangladesh Inland Container Depots Association (BICDA) has...
OTTAWA, July 20 (Reuters): The Chinese embassy in Ottawa criticized duties slapped by Canada this week on Chinese imported steel, saying on Friday they violated World Trade Organization (WTO) rules and disrupted the global trade order.The embassy statement, in response...
MEXICO CITY, July 20 (Reuters): Walmart's Mexico and Central America unit, known as Walmex (WALMEX.MX), saw some $3.7 billion wiped from its market value on Thursday after the retailer posted weaker-than-expected margins for its second quarter, although revenues grew.The stock...
LONDON, July 20 (Reuters): Copper climbed to a more than one-week high on Friday, driven by Chinese buyers, hopes for a US-China trade deal, and higher risk appetite among other investors.Three-month copper on the London Metal Exchange gained 0.8% to...
The 47th Board Meeting of the newly formed Board of the Directors of Union Bank PLC was held at the bank's Head Office in Dhaka on Sunday. Chairman of the Board of the Directors of the bank Md Fariduddin Ahmed...
The Bengal Commercial Bank and the National Pension Authority (NPA) signed an MoU under which the registration fees and monthly installments of the Universal Pension Scheme can now be deposited at all branches and sub-branches of bank. Tarik Morshed, Managing...
Shimanto Bank signed an MoU with National Pension Authority recently. Under this MoU, Shimanto Bank will act as a Banking Service Provider for the collection of pension registration fees and monthly installments. Pension subscribers will be able to deposit registration...
Bangladesh Satellite Company Limited (BSCL) has been designated as the official reseller of Starlink internet services in the country.The announcement was made during a joint press conference held in Dhaka recently to mark the official launch of Starlink services in...
Southeast Bank and North South University have officially launched an exclusive VISA Co-Branded Credit and Prepaid Card on the NSU campus in Dhaka recently. The inaugural ceremony was attended by Dr. Abdul Hannan Chowdhury, vice chancellor of North South University;...
Mutual Trust Bank (MTB) has once again been recognised as one of the top 10 sustainable banks in Bangladesh by the Bangladesh Bank, according to a press statement. This prestigious recognition by the Sustainable Finance Department (SFD) of the central...
Prime Bank has been named "Best Bank for ESG 2025" in Bangladesh by the prestigious Euromoney Awards for Excellence for the third consecutive year, according to a press statement.Euromoney evaluates institutions across nearly 100 countries each July. The "Best Bank...
FE REPORT | 2025-07-21 00:00:00
The trustee of two close-ended mutual funds proposed converting them into open-ended funds upon maturity in December this year.The funds -- SEML Lecture Equity Management Fund and Vanguard AML BD Finance Mutual Fund One -- overseen by Strategic Equity Management...
The National Board of Revenue (NBR) and Bangladesh Atomic Energy Regulatory Authority (BAERA) on Sunday signed a Memorandum of Understanding (MoU) to facilitate the use of the Bangladesh Single Window (BSW) system for import and export trade, reports UNB.Implemented under...
FE REPORT | 2025-07-21 00:00:00
Bangladesh Finance's profit plunged 46 per cent year-on-year to Tk 13.18 million in the second quarter through June this year mainly due to a decline in interest earnings and investment income.The non-bank financial institution's consolidated earnings per share stood at...
JUBAIR HASAN | 2025-07-21 00:00:00
To expand its digital footprint and better serve a growing population of tech-savvy customers, NCC Bank PLC plans to roll out artificial intelligence (AI)-driven banking services, said its Managing Director M Shamsul Arefin.In an exclusive interview with The Financial Express...
Mohammad Mufazzal | 2025-07-21 00:00:00
Bangladesh is not alarmed by Trump's proposed 200 per cent tariff on imported drugs due to the country's relatively small volume of pharmaceutical exports to the United States, but industry insiders caution that the country could lose the US market...
LONDON, July 20 (Reuters): Asian spot liquefied natural gas (LNG) prices declined this week due to weaker demand and strong inventories and as buyers in south Asia found current prices too high.The average LNG price for September delivery into north-east...
BEIJING, July 20 (Reuters): China's exports of rare earth magnets to the United States in June soared by more than seven times from May, a sharp recovery in the flow of critical minerals key to electric vehicles and wind turbines...
Bangladesh has signed a Memorandum of Understanding (MoU) with the United States to import wheat aiming to ensure its overall food security, nutrition and food supply. Md Abul Hasanat Humayun Kabir, Director General of the Food Department, and Joseph K...
The 26th Annual General Meeting (AGM) of Mercantile Bank PLC was held virtually from its Head Office on Sunday. The Balance Sheet as on December 31, 2024 has been approved by the shareholders. The meeting was presided over by Md....
The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been recognised with two prestigious accolades in the Euromoney Awards for Excellence 2025. HSBC was named the 'Best Bank for Sustainable Finance' and the 'Best Bank for Large Corporates in Bangladesh',...
Eastern Bank PLC (EBL) has been recognised as the 'Best Bank in Bangladesh' at the Euromoney Awards for Excellence 2025, marking the bank's sixth win of this prestigious international honour, says a statement. Ali Reza Iftekhar, Managing Director of EBL,...
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