FE REPORT | 2025-10-22 00:00:00
The Bangladesh Bank (BB) has waived the cash margin requirement for opening letters of credit (L/Cs) on baby food imports to facilitate the import of food items for infants. A circular issued by the central bank on Tuesday said the...
FE REPORT | 2025-10-22 00:00:00
The yield on 10-year treasury bonds edged up on Tuesday, as banks showed reluctance to invest surplus funds in long-term government securities, opting instead for short-term instruments to manage their portfolios more efficiently. According to auction results, the cut-off yield...
FE REPORT | 2025-10-22 00:00:00
Foreign Affairs Adviser Md Touhid Hossain said on Tuesday that only one of agreements signed with India during the previous Sheikh Hasina administration had been cancelled, rejecting claims by another government adviser that 10 such deals had been scrapped.Speaking to...
FE REPORT | 2025-10-22 00:00:00
The Executive Committee of the National Economic Council (ECNEC) on Tuesday declined to give its nod to an infrastructure-development project in 'haors' of greater Sylhet and Mymensingh, fearing environmental impact.The ECNEC, the highest government authority for approving development projects and...
FE REPORT | 2025-10-22 00:00:00
The chairman of the Civil Aviation Authority of Bangladesh (CAAB) has once again avoided taking responsibility for the catastrophic fire at Hazrat Shahjalal International Airport's import cargo complex, arguing that the authority is only the owner of the building, while...
TOKYO, Oct 21 (AFP): Sanae Takaichi was named Japan's first woman prime minister Tuesday, with the social conservative naming just two other women to her cabinet. Japan's fifth premier in as many years also leads a minority government and has...
JAHIDUL ISLAM | 2025-10-22 00:00:00
The Directorate General of Health Services (DGHS) will establish 170 Urban Primary Health and Nutrition Centres (UPHNCs) across Dhaka North, Dhaka South, and Chattogram city corporations, aiming to expand access to primary healthcare services.The Health Services Division under the Ministry...
FE REPORT | 2025-10-22 00:00:00
The country's frozen shrimp and fish exporters are facing a severe liquidity scarcity for maintaining their overseas trade due to unavailability of the arrears of cash incentive from the government.Keeping this in view, the Bangladesh Frozen Foods Exporters Association (BFFEA)...
FE REPORT | 2025-10-22 00:00:00
A prolonged teachers' strike ended Tuesday on a 15-percent house-rent allowance raise finally approved by the head of interim government. Bangladesh's economy-"devastated by 15 years of rampant corruption and plunder"-has not yet regained the capacity to afford the 20-percent increase...
FE REPORT | 2025-10-22 00:00:00
Bangladesh's economy shows signs of cautious stabilisation, but investment momentum remains sluggish as the private-sector credit growth weakens and borrowing costs remain high, according to a report of the General Economics Division (GED) under the Planning Commission.Released on Tuesday, the...
FE REPORT | 2025-10-22 00:00:00
Independent operations of Bangladesh Bank (BB) can heal many of the macroeconomic ills severely hurting the economy, experts said Tuesday to underscore the urgency of freeing the central bank from bureaucratic controls.In absence of the central bank's independence, they said,...
Bangladesh Nationalist Party (BNP) on Tuesday urged the interim government to operate 'in the mode of a caretaker government' to ensure a free, fair and acceptable general election scheduled for February next year."We met the Chief Adviser to share some...
FE REPORT | 2025-10-22 00:00:00
The devastating fire at the cargo village of Hazrat Shahjalal International Airport (HSIA) has dealt a severe blow to Bangladesh's pharmaceutical industry, with an estimated economic impact of more than Tk 40 billion.Industry leaders fear the blaze could disrupt the...
JASIM UDDIN HAROON | 2025-10-22 00:00:00
All insured goods incinerated in the import-cargo-village fire at Hazrat Shahjalal International Airport (HSIA) may not be compensated as most consignees had 'Air Risk Only' insurance coverage.This insurance policy covers only four specific risks: air crash, hijacking, forced landing, and...
BENGALURU, Oct 21 (Reuters): The Federal Reserve will lower its key interest rate by 25 basis points next week and again in December, according to a Reuters poll of economists who remain deeply divided on where rates will be by...
Apple shares surged to an all-time high on Monday, with the iPhone maker close to becoming the third company to hit a $4 trillion market valuation as data showed strong momentum for the latest iPhone, reports Reuters.Data from research firm...
Gold prices fell 2 per cent on Tuesday as investors booked profits after the metal hit another record high in the previous session, driven by expectations of US interest rate cuts and strong safe-haven demand, reports Reuters.Spot gold was down...
Fresh Anonna Sanitary Napkin, a flagship brand of Meghna Group of Industries, and Dhaka University through its Department of Women & Gender Studies (WGS) have partnered to promote the intersection of learning and social change to campus. As part of...
Agrani Bank Training Institute (ABTI) organised a 30-day foundation training course for officers (cash) of 94th and 95th batches. Managing Director of Agrani Bank PLC Md Anwarul Islam inaugurated the course recently. Agrani Bank Deputy Managing Director Md Abul Bashar...
BRAC Bank, in collaboration with Global Entrepreneurship Network (GEN) - Bangladesh, hosted a two-day internationally standardised event to upskill women entrepreneurs. Supported by Gates Foundation, the event known as Entrepreneurial Masterclass, was titled 'UddogTARA Global Edge 2025'. It aimed to...
Prime Bank entered into a strategic partnership with BRAC Healthcare Limited to offer exclusive discounts on a range of health screening packages for its valued customers. A signing ceremony to mark this partnership was recently held at Prime Bank's corporate...
Dutch-Bangla Bank and its partner Pragati Life Insurance have handed over first insurance claim upon the tragic demise of a customer. The handover ceremony took place at the bank's head office. A cheque covering claim amount was handed over to...
As part of the nationwide "Cashless Bangladesh" awareness programme, Mutual Trust Bank (MTB), in collaboration with Visa, launched the country's first Multipurpose Student Card on October 10 at Pundra University of Science & Technology, Bogura. The innovative card combines a...
FE REPORT | 2025-10-22 00:00:00
Sena Kalyan Insurance saw its third-quarter profit slump by 16.7 per cent year-on-year to Tk 32.40 million, as revenue from its core underwriting business fell sharply while management expenses continued to climb.The army-run general insurer saw a 67 per cent...
FE REPORT | 2025-10-22 00:00:00
The stock market regulator has ordered LR Global Bangladesh Asset Management Company to recover the investment it made in Padma Printers & Colour three years ago in breach of securities rules.The Bangladesh Securities and Exchange Commission (BSEC) at the same...
FE REPORT | 2025-10-22 00:00:00
LafargeHolcim posted a 36 per cent year-on-year profit growth to Tk 1.20 billion in July-September - a remarkable feat at a time when the construction industry is reeling from sharp cuts in both public and private investment.The success was achieved...
Under the Bangladesh Insurance Sector Development Project (BISDP), Sadharan Bima Corporation is implementing a comprehensive automation programme. As part of the programme, four modules of the G-4 Package (ERP) and two modules of the G-10 Package (Core Insurance System) went...
A meeting of the board of directors of Islami Bank Bangladesh PLC was held at Islami Bank Tower in Dhaka on Tuesday. Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the...
US-Bangla Airlines has further expanded its fleet with the addition of a third wide-body Airbus A330-300, which landed at Hazrat Shahjalal International Airport on Tuesday morning, reports BSS.The aircraft arrived from Madrid, Spain, at 8:30 am and was officially received...
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