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Over 11m refugees risk losing aid because of funding cuts: UN

2025-07-19 00:00:00

GENEVA, July 18 (AFP) : Massive cuts to humanitarian budgets risk leaving more than 11 million refugees without desperately needed aid, the United Nations warned Friday.That corresponds to a full third of the number reached last year by the UN...

Trump administration tells US diplomats abroad not to opine on foreign elections

2025-07-19 00:00:00

US Secretary of State Marco Rubio instructed US diplomats worldwide not to comment on the fairness or integrity of elections conducted by foreign countries, according to an internal note seen by Reuters on Thursday, in a significant departure from Washington's...

Israeli strikes on south Lebanon targeting Hezbollah kill four

2025-07-19 00:00:00

BEIRUT, Lebanon, July 18 (AFP) : Four people were killed on Thursday in separate Israeli strikes on south Lebanon, the Lebanese health ministry reported, as Israel said it had targeted two Hezbollah members.The attacks are the latest despite a ceasefire...

Gaza civil defence agency says Israeli strikes kill 14

2025-07-19 00:00:00

GAZA CITY, Palestinian Territories, July 18 (AFP): Gaza's civil defence agency said on Friday that Israeli strikes killed 14 people in the north and south of the war-ravaged Palestinian territory.The emergency service said fighter jets conducted air strikes and there...

Syrian govt forces set to reenter Sweida after renewed Druze-Bedouin clashes

2025-07-19 00:00:00

MAZRAA, Syria, July 18 (AP/AFP): Renewed clashes broke out overnight between Druze armed groups and members of Bedouin clans in southern Syria, and government forces were preparing to deploy again to the area Friday after pulling out under a ceasefire...

China economy still facing 'very severe, complex situation', says commerce minister

2025-07-19 00:00:00

BEIJING, July 18 (AFP): China's economy is still facing a "very severe and complex situation", its minister of commerce said Friday, suggesting the government would take action to counter challenges ahead.Growth came in at 5.2 percent in the second quarter,...

EU targets Russia's energy revenue, shadow fleet with new sanctions over Ukraine war

2025-07-19 00:00:00

BRUSSELS, July 18 (AP): The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, including a lower oil price cap, a ban on transactions with Nord Stream gas pipelines, and the targeting...

Moody's upgrades Argentina's long-term debt rating

2025-07-19 00:00:00

SAN FRANCISCO, United States, July 18, 2025 (BSS/AFP) - Moody's raised Argentina's long-term debt rating by two notches on Thursday, from Caa3 to Caa1, but it remained in the speculative category, the risk rating agency said in a statement.The agency...

Half Yearly Business Conference 2025 of Union Bank PLC

2025-07-19 00:00:00

The Half Yearly Business Conferences 2025of Union Bank PLC was held at the bank's Head Office, Gulshan-1, Dhaka recently. Chairman of the Board of Directors of the bank Md. Fariduddin Ahmad was present as the chief guest. Chairman of the...

Western Marine delivers tugboat to UAE buyer

OUR CORRESPONDENT | 2025-07-19 00:00:00

CHATTOGRAM, July 18: Western Marine Shipyard Ltd, Bangladesh's leading export-oriented shipbuilder, has delivered a high-powered tugboat to a UAE-based buyer, while another is scheduled for export later this month.The delivery ceremony was held at Chittagong Boat Club on Thursday, attended...

Digital transactions jump 22.32pc in May

SAJIBUR RAHMAN | 2025-07-19 00:00:00

Bangladesh saw a notable surge in card-based transactions in May 2025, reflecting the country's growing shift towards digital payments in both local and foreign currency operations. The number of debit, credit, and prepaid cards issued continued to rise, alongside significant...

PepsiCo's Q2 results beat expectations on international growth

2025-07-19 00:00:00

PepsiCo reported better-than-expected quarterly results on Thursday, driven by steady demand for its sodas and snacks in the US and other major markets, including Europe, reports Reuters.The Gatorade owner sounded a more upbeat tone in its comments this quarter, after...

BRAC BANK OPENS 'DIGITAL FIRST' BRANCH IN CITY

2025-07-19 00:00:00

BRAC Bank has inaugurated a new branch, the first 'Digital First' outlet, on North Gulshan Avenue in Dhaka, offering unmatched convenience and innovative services to its customers. The branch is equipped with well-crafted digital solutions to make banking faster and...

Insurer CFC mulls $6.5b London listing

2025-07-19 00:00:00

Specialist insurance provider CFC, backed by private equity firms EQT and Vitruvian Partners, is exploring a UK listing that could value the firm at more than 5 billion pounds ($6.71 billion), the Financial Times reported on Friday.The insurer is also...

Investors pull $5.3b out of global equity funds on tariff concerns

2025-07-19 00:00:00

Global investors pulled money out of equity funds in the week through July 16 as US President Donald Trump's tariff threats and an inflation report indicating an increase in US consumer prices, dampened risk sentiment, reports Reuters.Investors withdrew a net...

DSEX hits 3-month high as investors stay upbeat

FE REPORT | 2025-07-19 00:00:00

Stocks extended gains for the sixth consecutive week, with the prime index of the Dhaka bourse hitting three-month high, as buoyant investors continued their buying spree surrounding the upcoming earnings and dividend declaration season.Along with improving some key macroeconomic indicators,...

How AI can help take smart decision

2025-07-19 00:00:00

As artificial intelligence (AI) changes markets around the world, businesses in Bangladesh are starting to look at how it can help them not just with tasks, but also in making important decisions.AI tools can now handle huge amounts of data,...

Sidewalks held hostage: Pedestrians suffer

2025-07-19 00:00:00

In cities like Dhaka, Chattogram, and Rajshahi, walking has become a daily challenge. Sidewalks, which should serve as safe spaces for pedestrians, have been overtaken by hawkers, makeshift stalls, construction materials and even political banners. What should be a basic...

Can Bangladesh afford servicing its debts?

Syed Muhammed Showaib | 2025-07-19 00:00:00

The burden of public debt in Bangladesh is rising, both in absolute terms and relative to the size of the economy. By the end of the 2025-26 fiscal year, the government's total domestic and external debt is expected to reach...

Getting rid of shady private power deals

2025-07-19 00:00:00

As a temporary answer to the acute supply shortage in the national grid, a number of power plants were set up in the private sector during the previous autocratic regime. But the contracts for those quick rental, rental and independent...

It is time for the Global South

Manmohan Parkash | 2025-07-19 00:00:00

For decades, the global economic order has been shaped largely by the priorities of advanced economies in the West. Institutions like the International Monetary Fund (IMF), the World Bank, and the World Trade Organization (WTO) were designed in an era...

EC forms technical committee for delimitation

2025-07-18 00:00:00

The Election Commission (EC) has formed a specialised technical committee to work on the delimitation of parliamentary constituencies ahead of the 13th national elections, reports UNB.According to an office order signed by EC Deputy Secretary Md Shah Alam, the seven-member...

'July Private University Resistance Day' today

2025-07-18 00:00:00

The Ministry of Cultural Affairs will observe 'July 18 Private University Resistance Day' today (Friday) as part of the ongoing month-long July Commemoration Programme marking the anniversary of the historic July Uprising, reports BSS.A cultural event featuring film screenings, performances...

Jamaat expects massive turnout at Suhrawardy Udyan rally

2025-07-18 00:00:00

Bangladesh Jamaat-e-Islami is gearing up for its first-ever rally at Suhrawardy Udyan on Saturday expecting a turnout of over 1.0 million (10 lakh) people, aimed at creating 'a bid political stir' through what it calls a 'quiet but significant' public...

Police crackdown on protesters kills 31 during nationwide shutdown

2025-07-18 00:00:00

At least 31 people, including 11 students and a journalist, were killed across the country on July 18 last year as law enforcement agencies launched crackdown on the protesters during the "complete shutdown" that drew huge public participation, reports BSS.According...

Nahid blames govt for failing to prevent deadly clashes in Gopalganj

2025-07-18 00:00:00

National Citizen Party (NCP) Convenor Nahid Islam has squarely blamed the government and law-enforcing agencies for the deadly violence in Gopalganj, saying the situation could have been prevented with "timely and proper action".In a Facebook post on Thursday, a day...

Now 'mobocracy' reigns supreme across country

FE REPORT | 2025-07-18 00:00:00

BNP Standing Committee member Salahuddin Ahmed said on Thursday that the current state of governance in Bangladesh resembles 'mobocracy' rather than democracy. "We led the July (2024) uprising for democracy. But what we see now is mobocracy reigning supreme across...

Weather (2025-07-18)

2025-07-18 00:00:00

 Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Dhaka, Mymensingh, Sylhet and Chattogram divisions in the next 24 hours from 06:00 am today (Friday). Day temperature may fall by (1-2)°C,...

BMU photo exhibition commemorates July Uprising

2025-07-18 00:00:00

Bangladesh Medical University (BMU) on Wednesday launched a three-day photo exhibition to commemorate the July Uprising, according to a press statement.BMU Vice-Chancellor Professor Dr. Md. Shahinul Alam inaugurated the exhibition at its Shaheed Dr. Milon Hall. The photo exhibition showcases...

Five new Covid cases reported

2025-07-18 00:00:00

The Directorate General of Health Services (DGHS) on Thursday confirmed five new Covid-19 cases in the country within a 24-hour period from 8am Wednesday to 8am Thursday, reports BSS.During this time, 253 samples were tested, resulting in a positivity rate...