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Pathao Pay launched

2025-07-10 00:00:00

Pathao, the largest digital platform in the country, has launched Pathao Pay, a next-generation digital wallet designed to redefine how users transact, access, and manage money in their everyday lives. Under the bold new tagline, 'Your YOUniverse, Your Way', Pathao...

Islami Bank tops agent banking with Tk 200b in deposits

2025-07-10 00:00:00

Islami Bank Bangladesh PLC has set a new milestone in the country's agent banking sector by surpassing Tk 200 billion in deposit collection through its agent banking services. This amount accounts for nearly 42 per cent of the total deposits...

StanChart appoints new CFO

2025-07-10 00:00:00

Standard Chartered Bangladesh has appointed Idrissa Kamara as Chief Financial Officer (CFO), says a statement.With over three decades of experience as a finance and enterprise leader, Mr. Idrissa brings deep expertise and a proven track record across diverse geographies. He...

Summit LNG appoints new MD & CEO

2025-07-10 00:00:00

Summit has appointed Md Sayedul Alam as the new Managing Director and Chief Executive Officer (CEO) of Summit LNG Terminal Co. (Pvt.) Ltd, says a statement.Summit LNG (SLNG) is Bangladesh's second Floating Storage and Regasification Unit (FSRU), with a capacity...

China committed to boosting trade, investment ties with Bangladesh

FE REPORT | 2025-07-10 00:00:00

Chinese Ambassador Yao Wen has reaffirmed China's commitment to increasing trade and investment in Bangladesh, stating that support for the country's development will remain steady regardless of its political leadership."China will continue to support Bangladesh's sustainable development and the improvement...

Thailand Week 2025 kicks off today

FE REPORT | 2025-07-10 00:00:00

The 20th edition of Thailand Week is set to kick off in Dhaka today (Thursday), marking a significant milestone in the vibrant economic and cultural relationship between Thailand and Bangladesh.Organised by the Office of Commercial Affairs, Royal Thai Embassy, the...

Take advantage of BD infrastructure

FE REPORT | 2025-07-10 00:00:00

Chief Adviser Prof Muhammad Yunus offers Bhutan the advantage of all available infrastructural facilities in various sectors of Bangladesh, saying that significant opportunities remain for expanding bilateral collaboration.He conveyed the offer through the newly appointed Ambassador of Bhutan to Bangladesh,...

Reforms for ourselves, not for lenders: Finance Adviser

FE REPORT | 2025-07-10 00:00:00

The ongoing financial sector reforms in Bangladesh are being driven by national interest, not dictated by global lenders, said Finance Adviser Dr Salehuddin Ahmed on Wednesday."These reforms are taking place out of our own need, for our own benefit," he...

bKash-Banglalink campaign winners receive prizes

2025-07-10 00:00:00

Recharging highest amount from bKash to Banglalink numbers, customers won coupons for motorbike, AC and Fridge. Besides, 50 highest recharging customers have received cashback ranging from Tk 300 to Tk 1,000 each day during the campaign period (29 May to...

Union Bank holds 45th Board meeting

2025-07-10 00:00:00

The 45th meeting of the newly formed Board of the Directors of Union Bank PLC was held at the bank's Head Office in Dhaka on Wednesday. Chairman of the Board of the Directors Md. Fariduddin Ahmed presided over the meeting....

LHB contributes Tk 22.5m to Labour Welfare Fund

2025-07-10 00:00:00

LafargeHolcim Bangladesh PLC (LHB) has contributed approximately Tk 22.5 million to the Bangladesh Labour Welfare Foundation Fund, under the Ministry of Labour and Employment, reaffirming its commitment to the well-being of workers. The contribution was made in compliance with the...

SONY-SMART OPENS NEW SHOWROOM IN MADARIPUR

2025-07-10 00:00:00

Sony-Smart inaugurated its 30th showroom in Madaripur recently, bringing the world-renowned Japanese brand Sony's genuine electronics products and services within easy reach of residents of Madaripur Sadar and surrounding areas. Smart Technologies (BD) Ltd. is the official distributor of Sony's...

MODHUMOTI BANK HOLDS 87TH BOARD MEETING

2025-07-10 00:00:00

The 87th meeting of the board of directors of Modhumoti Bank was held on Wednesday. Chairman of the board of directors Humayun Kabir participated in the meeting. Board members Mohammad Ismail Hossain, Nemai Kumar Saha, Salahuddin Alamgir, Mostafa Kamal, Tanjima...

PUBALI BANK INAUGURATES COLLECTION BOOTH AT DMCH

2025-07-10 00:00:00

Pubali Bank has inaugurated a collection booth at Dhaka Medical College Hospital (DMCH) to provide fast and modern services. Through this booth, various fees, including diagnostic test fees, of hospital patients will be collected. Dhaka Medical College Hospital Director Brigadier...

Indonesia signs energy, grain deals with US

2025-07-10 00:00:00

JAKARTA, July 9 (AFP): Indonesia's state oil company and agricultural firms have signed deals to increase their purchases of US goods, the country's chief economic minister told AFP on Wednesday, as Jakarta lays the groundwork to avoid the worst of...

Two more RMG units get LEED certificates

2025-07-10 00:00:00

Two more RMG factories of Bangladesh have got the Leadership in Energy and Environmental Design (LEED) certificates from the US Green Building Council (USGBC), reports BSS.It's a testament to the country's unwavering commitment to environmental sustainability in the Ready-Made Garment...

Asian markets mixed as Trump flags fresh tariffs, eyes on trade talks

2025-07-10 00:00:00

HONG KONG, July 9 (AFP): Stocks were mixed Wednesday as investors assessed Donald Trump's latest tariff threats, while keeping an eye on trade talks after the US president warned he would not again extend a deadline to reach deals.Investors took...

Tariff volatility drives investors to actively managed funds

2025-07-10 00:00:00

Global investors are pivoting towards actively managed equity funds this year as market volatility rises on worries over US tariffs and the stock market rally broadens beyond a few mega-cap tech stocks, reports Reuters.According to LSEG Lipper data, active equity...

Forum launched to drive green transformation in dairy sector

2025-07-10 00:00:00

The first annual Dairy Value Chain Forum was officially launched at a city hotel on Wednesday, marking a significant milestone in Bangladesh's journey toward driving green transformation of the dairy industry. The forum is a flagship initiative under the Green...

Chinese airlines fail to remit earnings, seek finance ministry's intervention

FE REPORT | 2025-07-10 00:00:00

Chinese airlines operating in Bangladesh are reportedly facing complexities in remitting earnings to their headquarters due to "non-approval" from the central bank, officials have said. One of the airliners alone has over $2.5 million in earnings stuck. The company is...

Stocks break 5,000 barrier amid signs of economic turnaround

FE REPORT | 2025-07-10 00:00:00

Stocks extended rally for the sixth straight session on Wednesday, with the key index of the Dhaka bourse surpassing the 5,000-point threshold after three months, defying worries over proposed higher-than-expected US tariff imposition.Improving macroeconomic indicators seem to have helped offset...

MUTUAL TRUST BANK APPROVES 10PC STOCK DIVIDENDS

2025-07-10 00:00:00

A 10 per cent stock dividend was approved at Mutual Trust Bank's 26th annual general meeting (AGM) held on Wednesday. Rashed Ahmed Chowdhury, chairman of Mutual Trust Bank (MTB), presided over the meeting. Directors Khwaja Nargis Hossain, Syed Nasim Manzur,...

Indo-Bangla Pharma eyes exports to offset business woes

FE REPORT | 2025-07-10 00:00:00

Loss-making drug manufacturer Indo-Bangla Pharmaceuticals has announced a plan to export medicines to Afghanistan for what it claims is to overcome difficulties to access dollars to import raw materials. If the plan is translated into action, Afghanistan will be the...

Green FinTech: catalysing global sustainability through digital innovation

Md Sharif Hassan and Rubaiyat Shaimom Chowdhury | 2025-07-10 00:00:00

As the world races to tackle climate change and build a more inclusive economy, a new force is rising at the intersection of technology and sustainability called Green Fintech. This fast-growing sector is transforming the way money flows, carbon footprints...

Record remittance - what about remitters' interests?

2025-07-10 00:00:00

Bangladesh has concluded the fiscal year 2024-25 with a record-breaking remittance inflow of $30.33 billion, the highest in the country's history. This remarkable achievement is a testament to the enduring contributions of millions of Bangladeshi migrant workers abroad who strengthen...

Addressing trade imbalance

2025-07-10 00:00:00

The growing trade imbalance of Bangladesh has become a serious economic concern. The widening gap between imports and exports poses long-term risks to the stability and sustainability of our national economy.A major driver of this imbalance is the country's heavy...

Understanding what youths want

Atiqul Kabir Tuhin | 2025-07-10 00:00:00

There is apparently a broad agreement in the country that some of the most insurmountable obstacles to good governance are corruption, political nepotism and cronyism, and deteriorating law and order. This is what the citizen realise in everyday life and...

Looming threat from reciprocal tariff

2025-07-10 00:00:00

There has been heightened concern the world over about Donald Trump's reciprocal tariff ever since the radical policy on import duty was unveiled in April last. The 90-day tariff pause he announced following stock market crashes was precisely meant to...

Corbyn, Musk and rise & decline of parties

Syed Badrul Ahsan | 2025-07-10 00:00:00

Political exigencies often necessitate the coming into being of new political parties. It is an exercise which has in modern times been undertaken in a very large number of countries around the globe, especially after the end of the Second...

Gold hits one-week low as dollar gains

2025-07-10 00:00:00

Gold prices fell to their lowest level in more than a week on Wednesday as the dollar strengthened, while investors monitored developments in trade negotiations between the United States and its trading partners, reports Reuters.Spot gold was down 0.1% at...