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BNP to nationalise MPO-listed institutions if returns to power

2025-10-20 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir has said his party will prioritise the nationalisation of MPO-listed educational institutions if it returns to power in the next election, reports UNB.The BNP leader gave the assurance during a meeting with leaders...

Police to grill BUP "rape" suspect Mithu in custody

2025-10-20 00:00:00

Police have secured two days to interrogate Mithu Biswas in custody, arrested in connection with the "rape" of a Bangladesh University of Professionals (BUP) student in Savar.Dhaka Senior Judicial Magistrate Tajul Islam granted the request on Sunday following a petition...

Media professional found dead in city

FE REPORT | 2025-10-20 00:00:00

A female media professional was found dead at her residence in the Sobhanbagh area of the capital on Saturday evening.The deceased was identified as Sornomoye Biswas, 28. She joined Dhaka Stream early this year as a trainee graphic designer.Sher-e-Bangla Nagar...

BARVIDA seeks govt action against attacks, extortion at car showrooms

FE REPORT | 2025-10-20 00:00:00

The Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) has warned the government that they would go for a tougher programme if a crackdown on extortionists and attackers who vandalised car showrooms was not initiated by October 30th.President of BARVIDA...

US says 'credible reports' Hamas planning attack against Gaza civilians

2025-10-20 00:00:00

WASHINGTON, Oct 19 (AFP): The US State Department on Saturday said it had "credible reports" that Palestinian armed group Hamas was planning an imminent attack against civilians in Gaza, a move Washington said would be a "ceasefire violation.""This planned attack...

Yields on T-bills fall as banks park idle funds

FE REPORT | 2025-10-20 00:00:00

Yields on treasury bills (T-bills) declined further on Sunday as banks continued to channel their surplus liquidity into government securities, amid sluggish private-sector credit growth in the run-up to the national elections.The cut-off yield, commonly known as interest rate, on...

Distribution of smart family card faces blow

FE REPORT | 2025-10-20 00:00:00

An official initiative to provide smart family cards to 10 million low-income families under the Trading Corporation of Bangladesh (TCB) is facing a setback due to non-completion of their database, official sources said.As a result, the TCB has requested the...

Call for venture capital boost to power startup growth

FE REPORT | 2025-10-20 00:00:00

Bangladesh's startup scene is brimming with ideas but starved of patient capital, industry leaders and financial experts said on Sunday.They stressed that the country must now move beyond its dependence on high-interest bank loans and embrace venture capital to unlock...

Prayer Timings (2025-10-20)

2025-10-20 00:00:00

Jamaat's PR Movement calculated political deception, says Nahid

2025-10-20 00:00:00

Nahid Islam, Convener of National Citizens Party (NCP), has said the so-called 'PR Movement' launched by Jamaat-e-Islami was nothing but a 'calculated political deception', reports UNB."Now, the people of Bangladesh clearly understand this deception. They have awakened to the truth...

Jamaat, allies announce nationwide protest over five-point demand

FE REPORT | 2025-10-20 00:00:00

The Bangladesh Jamaat-e-Islami, along with like-minded parties, announced on Sunday a nationwide protest programme to press five demands, including introducing a Proportional Representation (PR) system in the next national elections.At a press conference held at the National Press Club in...

Korea eyes trade pact with Bangladesh amid investment hurdles

FE REPORT | 2025-10-20 00:00:00

South Korea is pushing for early conclusion of a Comprehensive Economic Partnership Agreement (CEPA) with Bangladesh, as both countries seek to elevate a five-decade-long relationship to a new level of trade and investment cooperation.Speaking at a seminar on Korean investors'...

Many practitioners face regulatory limbo

DOULOT AKTER MALA | 2025-10-20 00:00:00

Bangladesh's financial reporting and audit ecosystem is on the verge of serious disruption as the Financial Reporting Council (FRC) has yet to complete the enlistment and renewal process for auditors and audit firms, leaving many practitioners in regulatory limbo.Despite clear...

Banks must inform borrowers 30 days before loan write-offs

FE REPORT | 2025-10-20 00:00:00

Commercial banks have to inform the borrowers at least 30 days before their loans being written off, a latest central-bank instruction says on a policy update. Bangladesh Bank, the country's central bank, issued the directive so that loan defaulters can...

Strike ends as CPA puts tariff hike on hold

NAZIMUDDIN SHYAMOL | 2025-10-20 00:00:00

CHATTOGRAM, Oct 19: Transport owners and workers at the Chattogram Port withdrew their strike on Sunday afternoon as the Chittagong Port Authority (CPA) agreed not to realise the recently hiked charges for the time being.CPA Secretary Mohammad Omar Faruk told...

Storing valuable imports sans fire detection-protection system alleged

FE REPORT | 2025-10-20 00:00:00

Storing huge imports that include combustible chemicals in Dhaka airport's cargo section sans effective fire-detection-and protection systems is what caused Saturday's devastating blaze, according to a fireman. Several counts of equipment of Rooppur Nuclear Power Plant were among the import...

MENA sovereigns stable as reforms, fiscal strength cushion risks: Fitch

2025-10-20 00:00:00

RIYADH, Oct 19 (Arab News): Sovereign ratings in the Middle East and North Africa remain resilient despite regional conflicts mainly supported by ongoing reforms and strong fiscal buffers, Fitch Ratings said. In its latest regional peer review, the credit rating...

Oman launches centre to boost national cybersecurity industry

2025-10-20 00:00:00

RIYADH, Oct 19 (Arab News): Oman has launched the Hadatha Centre for Cybersecurity Manufacturing at Middle East College, marking a major step toward advancing the country's digital economy.The initiative - spearheaded by the Ministry of Transport, Communications, and Information Technology...

US-China trade war clouds global economic outlook as 'new normal' emerges

2025-10-20 00:00:00

WASHINGTON, Oct 19 (Reuters): International finance chiefs are returning home with a measure of relief over the surprising resilience of the global economy to the cascade of policy shocks through the first nine months of Donald Trump's second US presidency...

S Arabia hits 79pc digital transactions in its cash to code journey

2025-10-20 00:00:00

JEDDAH, Oct 19 (Arab News): Saudi Arabia has achieved a major milestone in its financial transformation, reaching a 79 per cent cashless transaction rate in 2024 - surpassing its 2025 target ahead of schedule, according to an official.In an exclusive...

Agrani Bank launches fortnight-long services for customers

2025-10-20 00:00:00

Agrani Bank PLC inaugurated fortnight-long services for customers as part of the youth festival-2025 programme. Md Syed Kutub, Additional Secretary, Financial Institutions Division, Ministry of Finance, and the bank's Director, inaugurated the programme at the bank's head office on Sunday....

Rupali Bank launches customer service fortnight programme

2025-10-20 00:00:00

Rupali Bank PLC launched a customer service fortnight programme at its head office in the city on Sunday. Md Ahsan Kabir, Additional Secretary of the Financial Institutions Division under the Ministry of Finance, inaugurated the programme. Managing Director of Rupali...

ICB, subsidiary cos launch customer service programme

2025-10-20 00:00:00

The Investment Corporation of Bangladesh (ICB) and its subsidiary companies jointly launched a customer service fortnight programme at its subsidiaries head office in the city on Sunday. Chairman of the board of directors of ICB Prof Abu Ahmed inaugurated the...

NRBC Bank holds foundation training course-

2025-10-20 00:00:00

The closing ceremony of a 10-day foundation training course for the officials of NRBC Bank PLC ended at its Training Institute in the city on Thursday. Dr Md Touhidul Alam Khan, Managing Director and CEO of NRBC Bank, attended the...

BRAC BANK, BGBA ORGANISE WORKSHOP TO STRENGTHEN BUYING HOUSES

2025-10-20 00:00:00

BRAC Bank, in collaboration with the Bangladesh Garment Buying House Association (BGBA), organised a workshop in the capital to promote seamless trade and payment solutions for the buying house sector. The event, held at the BGBA premises, brought together over...

PRIME BANK PARTNERS WITH BTI TO OFFER DISCOUNTS ON APARTMENTS

2025-10-20 00:00:00

Prime Bank has entered into a strategic partnership with building technology & ideas ltd (bti), one of Bangladesh's most reputed real estate developers, to offer exclusive discounts on flat purchases to its valued customers. A formal signing ceremony marking this...

IFIC Bank stands beside women on tech advancement

2025-10-20 00:00:00

IFIC Bank has been conducting a nationwide campaign under the initiative "Stand beside Women on Tech Advancement" distributing computers to educational institutions across the country. As part of the initiative, IFIC Bank has donated computers and books at Holy Family...

Ikhtier Khan new vice chairman of Mercantile Bank Securities

2025-10-20 00:00:00

Mercantile Bank Securities Limited (MBSL) has elected Md Ikhtier Khan Prince as its new Vice Chairman recently, says a press release.This was disclosed at the 75th board meeting of MBSL held recently. Mr Prince is a seasoned business leader with...

BD, China vow to strengthen cooperation marking 50 years of diplomatic ties

2025-10-20 00:00:00

Bangladesh and China have reaffirmed their commitment to deepening cooperation and advancing shared development as the two nations marked the 50th anniversary of diplomatic relations, reports BSS.The pledge came at a seminar titled "Join Hands to Act on the Four...

Why fresh funds are so urgent

FARHAN FARDAUS | 2025-10-20 00:00:00

The Investment Corporation of Bangladesh (ICB) is hopeful of returning to profit if it gets immediate liquidity support to overcome its liabilities.The largest investment bank, which is highly dependent on the secondary market for revenue generation, has already shown signs...