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Spot LNG prices inch up as hot weather boosts cooling demand

2025-07-14 00:00:00

LONDON, July 13 (Reuters): Asian spot liquefied natural gas (LNG) prices edged higher last week as a heat wave in Japan and North Korea spurred cooling demand, while industrial demand in China remained subdued.The average LNG price for August delivery...

SpaceX to invest $2b in Musk's xAI startup

2025-07-14 00:00:00

SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, the Wall Street Journal reported...

Daily average container handling rises at New Mooring terminal

2025-07-14 00:00:00

Container handling at the New Mooring Container Terminal (NCT) of Chattogram Port has seen a significant improvement in the first seven days of operational management by Chittagong Dry Dock Limited (from July 7 to 13, according to CA's Press Wing.During...

EU ready to retaliate in tariff fight with US

2025-07-14 00:00:00

The European Union said on Saturday it was ready to retaliate to defend its interests if the United States pressed ahead with imposing a 30% tariff on European goods from August 1, reports Reuters.US President Donald Trump latest salvo surprised...

Gold demand sluggish in Asia as volatile prices weigh on sentiment

2025-07-14 00:00:00

Demand for physical gold remained sluggish last week across major Asian markets as price volatility weighed on sentiment, with premiums in China holding firm and discounts in India narrowing, reports Reuters.Dealers in top consumer China charged premiums of $10-$25 an...

World Bank to continue support for Bangladesh projects

2025-07-14 00:00:00

The World Bank has assured Bangladesh of continuing its assistance in ongoing projects along with the budgetary support."It (World Bank) has expressed its satisfaction over the overall economic situation of the country," Finance Adviser Salehuddin Ahmed told reporters after a...

High-priced stocks and bonds raise tariff threat for markets

2025-07-14 00:00:00

LONDON, July 13 (Reuters): Global markets are telling conflicting stories about the possible longer-term impact of US tariffs on growth, a schism that investors say means either stocks or bonds could see a steep correction once it's clear which is...

SCB- MALAYSIAN NATIONAL SHIPPERS COUNCIL MEETING HELD

2025-07-14 00:00:00

Nathan K. Suppiah, Chairman of the Malaysian National Shippers Council, hosted a luncheon and bilateral meeting at Melia Hotel in Kuala Lumpur on Sunday in honour of the visiting delegation of the Shippers Council of Bangladesh (SCB). The SCB delegation...

PRIME BANK, IBA TO LAUNCH PROGRAMME FOR ENTREPRENEURS

2025-07-14 00:00:00

Prime Bank and the Institute of Business Administration (IBA), Dhaka University (DU), will jointly launch an "Entrepreneurship & Business Development Certification Programme" targeting entrepreneurs across the country. M. Nazeem A. Choudhury, deputy managing director of Prime Bank, and Sheikh Morshed...

MODHUMOTI BANK LAUNCHES CRM AT MITFORD BRANCH

2025-07-14 00:00:00

Modhumoti Bank has inaugurated a cash recycler machine (CRM) at Mitford branch to provide modern and better banking services to customers. Md. Shafiul Azam, managing director & chief executive officer of Modhumoti Bank, inaugurated the CRM on Saturday, along with...

MTB FOUNDATION, UCEP LAUNCH PROJECT 'MUSTI'

2025-07-14 00:00:00

MTB Foundation, the philanthropic arm of Mutual Trust Bank (MTB), and NGO UCEP Bangladesh signed a memorandum of agreement for a three-year "MTB UCEP Skills Training Institute (MUSTI)" project in Mymensingh. Running from July 2025 to June 2028, the project...

IDLC Asset Management Shariah Fund meeting held -

2025-07-14 00:00:00

The 23rd Shariah Supervisory Board Meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held recently, with Dr Syed Muhammed Emdad Uddin in the Chair, says a statement. Board members Dr. Sayed Kamaluddin Abdullah Zafree,...

Seafood festival begins at Sheraton Dhaka

2025-07-14 00:00:00

Sheraton Dhaka, in partnership with bKash Limited, has launched a seafood festival titled 'Coastal Carnival' at its restaurant, The Garden Kitchen, located on the 14th floor of the hotel in Banani. The festival that began on July 10 will run...

FDI surges despite economic headwinds

2025-07-14 00:00:00

Net foreign direct investment (FDI) in Bangladesh has risen by 114.34 percent in the first three months of 2025 compared to the same period last year, according to Bangladesh Bank data.According to the central bank, total foreign investment inflows stood...

GIB ineligible to pay announced dividends after balance sheet correction

FE REPORT | 2025-07-14 00:00:00

Global Islami Bank (GIB) may have to backtrack on its decision to pay cash dividends to shareholders for 2023 after a correction in its balance sheet, showing a hefty loss in the year instead of previously-claimed profits. It had announced...

Regulator slaps 5-year ban on Ring Shine IPO managers

FE REPORT | 2025-07-14 00:00:00

The securities regulator has banned top two executives of two issue management companies from any capital market activities for five years due to their involvement in the IPO of the scam-hit Ring Shine Textiles.The Bangladesh Securities and Exchange Commission (BSEC)...

Why did no one dare stop the killers?

2025-07-14 00:00:00

The brutal daylight murder of scrap trader Lal Chand, alias Sohag, shocked the nation to its core. The horrifying footage, widely circulated on social media, showed a man being mercilessly beaten to death in the middle of a busy street,...

July is the month of reawakening

2025-07-14 00:00:00

July is more than just another month on the calendar. It is a chapter of awakening in Bangladesh's history. It is not merely a time of monsoon rain, but a symbolic season of protest, resistance, and self-realisation. The pages of...

Extortion and corruption eat into vitals of society

Neil Ray | 2025-07-14 00:00:00

The killing of a scrap metal trader in old Dhaka has jolted the national conscience. Killings of innocent members of public by muggers, dacoits, anti-social elements including teenage gangs have become so common that the entire country is turning into...

Time to unite against criminal gangs

Syed Fattahul Alim | 2025-07-14 00:00:00

The dastardly murder of Lal Chand, alias Sohag, a scrap metal trader of Old Dhaka in front of the Sir Salimullah Medical College (Mitford Hospital) on Wednesday last afternoon has jolted the nation to its core. The killing perpetrated reportedly...

Need for sustainable flood management

2025-07-14 00:00:00

Flooding has become an unfortunate monsoon ritual in Bangladesh. Each year, with the onset of the monsoon, heavy downpours and flash floods ravage the country, plunging lives and livelihoods in flood-prone areas into a profound crisis. After last year's devastating...

SDGs and need for more proactive media engagement

Muhammad Zamir | 2025-07-14 00:00:00

The SDGs are universal, time-bound, and legally non-binding policy objectives agreed upon by governments. They come close to prescriptive international standards but are generally more specific, and they can be highly ambitious. The overarching UN programme "2030 Agenda" presented the...

GADGETS & SERVICES _2025-07-14

2025-07-14 00:00:00

Eight young innovators selected for global ICT talent programme After a competitive three-month selection and training process, Huawei named eight Bangladeshi university students winners of the 2025 edition of the international ICT talent development programme 'Seeds for the Future, Bangladesh'.The...

Banglalink's 20-year journey celebrated with stories, surprises, and gratitude

TECHEXPRESS DESK | 2025-07-14 00:00:00

Banglalink, one of Bangladesh's leading digital operators, has commemorated its 20th anniversary by reaffirming its commitment to customer-centric values. Over the past two decades, the company has been instrumental in bridging digital divide and consistently enhancing user experience through innovative,...

Tk 7,340cr flood control embankment to be built in Feni: Adviser

2025-07-13 12:00:00

Feni, July 12 (UNB): The government is taking steps to implement a Tk 7,340 crore project to build flood control embankments along the Muhuri, Kohua, and Silonia rivers in Feni through the Bangladesh Army, said Disaster Management and Relief Ministry...

Islami Bank sets sights on top spot after stunning comeback

JUBAIR HASAN | 2025-07-13 12:00:00

After narrowly escaping a liquidity collapse triggered by massive loan irregularities linked to the S Alam Group, Islami Bank Bangladesh PLC is now on a determined path to reclaim its past glory -- aiming to become the country's leading commercial...

The right to self-defence and Israel

Hasnat Abdul Hye | 2025-07-13 12:00:00

Israel has been waging a full-scale war from land, air and sea against Hamas in Gaza for the last 21 months killing more than 57,000 Palestinians and injuring hundreds of thousands. Its armed incursions in the West Bank have also...

Prayer Timings (2025-07-13)

2025-07-13 00:00:00

BNP affiliates question delay in arrest

2025-07-13 00:00:00

Three affiliated organisations of BNP-Jubo Dal, Swechchhasebak Dal and Chhatra Dal-on Saturday raised questions and doubts over the failure to arrest the main accused in the brutal killing of a scrap trader in front of Mitford Hospital and the alleged...

MFS growth slows amid data gaps, dip in remittances

SAJIBUR RAHMAN | 2025-07-13 00:00:00

Mobile financial transactions in Bangladesh fell by 29.77 per cent in April 2025, despite a rising number of users and continued strong demand for digital payment services.The decline was primarily driven by two factors: a temporary data reporting gap from...