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China's Alibaba launches e-commerce subsidies of $7b in consumption boost

2025-07-03 00:00:00

BEIJING, July 2 (AFP): The online retail platform of Chinese tech giant Alibaba announced Wednesday that it will issue $7 billion in subsidies for certain purchases, providing a much-needed boost for a country struggling with sluggish spending. Taobao, China's e-commerce...

SONY CONGRATULATES NEWLY ELECTED COMPUTER SAMITY PRESIDENT

2025-07-03 00:00:00

Mohammad Zahirul Islam, Managing Director of Smart Technologies (BD) Limited, has taken over as the newly elected president of the Executive Committee of Bangladesh Computer Samity (BCS) for the term of 2025-27. Sony, the world-renowned Japanese electronics brand, has congratulated...

NRB BANK HOSTS SME GROWTH PARTNERSHIP PROGRAMME

2025-07-03 00:00:00

Ashulia Branch of NRB Bank PLC has successfully organised the SME Growth Partnership Programme recently, marking the International MSME Day. Tarek Reaz Khan, Managing Director & CEO of NRB Bank, Shaheen Howlader, Deputy Managing Director, A M Zahed, Head of...

PUBALI BANK GIFTS AMBULANCE TO NSTU

2025-07-03 00:00:00

Pubali Bank gifted an ambulance to Noakhali Science and Technology University as part of the bank's corporate social responsibility (CSR) initiative. As the chief guest of the programme, Mohammad Ali, managing director and CEO of Pubali Bank, handed over the...

NCC BANK HOLDS 40TH AGM, APPROVES 13PC CASH DIVIDENDS

2025-07-03 00:00:00

National Credit and Commerce (NCC) Bank approved 13 per cent cash dividends for 2024 at its 40th annual general meeting (AGM) held on a digital platform on Wednesday. NCC Bank Chairman Alhaj Md. Nurun Newaz presided over the meeting. A...

Republic Insurance gets new Chairman

2025-07-03 00:00:00

Dr Suborna Barua, a professor at the Department of International Business, Dhaka University, has been elected Chairman of the Republic Insurance Company Limited while SM Shafiul Hoque has been re-elected as its Vice Chairman in the 159th meeting of the...

Oil production suspension to have little impact on Rahima Food revenue

FE REPORT | 2025-07-03 00:00:00

Rahima Food Corporation has suspended coconut oil production due to low market demand, without concerns over impacts on revenue as the segment constitutes less than 1 per cent of the company's sales. "We will have an insignificant impact on revenue,...

Online cattle sales jump 125pc as buyers embrace digital payments during Eid

SAJIBUR RAHMAN | 2025-07-03 00:00:00

Online cattle trading through commercial banks and mobile financial services (MFSs) saw a 125.3 per cent rise during this year's Eid-ul-Adha compared to that of last year with a growing number of buyers and traders preferring such hassle and risk-free...

Citizens Bank eyes CMSME growth, financial inclusion and digital transformation

SIDDIQUE ISLAM | 2025-07-03 00:00:00

Citizens Bank PLC, the country's newest private commercial bank (PCB), plans to offer a range of loan and deposit products aimed at bringing more unbanked people into the banking network while ensuring full compliance with regulatory requirements, said Chowdhury Mohammed...

IDRA to investigate 17 general insurers in disciplinary crackdown

BABUL BARMAN | 2025-07-03 00:00:00

Seventeen non-life insurance companies will also undergo special audits as the regulator has identified them as high-risk after a similar measure taken for poorly-regulated life insurance companies. The Insurance Development and Regulatory Authority (IDRA) has already appointed auditors to 15...

Challenges, opportunities of EV market

2025-07-03 00:00:00

Bangladesh is witnessing a gradual but significant shift towards electric vehicles (EVs), driven by the global push for clean energy, rising fuel costs, and the country's own need to reduce air pollution. While still in its early stages, the EV...

Time to prioritise skill development

2025-07-03 00:00:00

In today's competitive world, academic knowledge alone is no longer enough. The job market now demands far more than high CGPAs or classroom performance. Employers seek individuals with communication skills, teamwork experience, problem-solving abilities, leadership qualities, and technical competence. Unfortunately,...

Imperative of revitalising logistics sector

Atiqul Kabir Tuhin | 2025-07-03 00:00:00

At a recent seminar hosted by the Dhaka Chamber of Commerce and Industry (DCCI), experts and business leaders highlighted how Bangladesh's outdated logistics system is undermining the country's global competitiveness, hampering export growth and overall economic momentum. As the country...

Introducing innovative farming practices

2025-07-03 00:00:00

The country's agriculture has come a long way off, thanks to some remarkable research and experiments with cereals and other crops. But still farm practices in general are yet to be smart enough to turn farmlands economically sustainable. A survey...

Nobel for Peace: the deserving and the undeserving

Syed Badrul Ahsan | 2025-07-03 00:00:00

Let's begin with a truth, harsh though it may sound. Of late, in fact in the past many years, a considerable degree of controversy has come to be associated with the selection process relating to the probable winners of the...

Bangladesh equity market 2nd worst in Asia in H1 2025

FE REPORT | 2025-07-02 12:00:00

Bangladesh's stock market was the second worst performer among Asian frontier markets in the first half of 2025, with the benchmark index sliding and no new listing. Sri Lanka showed the best performance as its equity index had a 13.9...

Top Lifestyle diseases we can tackle easily

ANINDETA CHOWDHURY | 2025-07-02 12:00:00

A man in his 30s, having a very sedentary lifestyle, wakes up in the morning only to find that there is a creepy pain in his abdomen. Even in layperson's language, abdominal pain may mean many things. Appendicitis, gastroenteritis, gall...

Weather (2025-07-02)

2025-07-02 00:00:00

Light to moderate rain accompanied by temporary gusty wind is likely to occur at many places over Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Wednesday), according to the Met Office. Day and...

One dies of dengue, 13 new Covid cases

2025-07-02 00:00:00

Mosquito-borne dengue claimed the life of one, with 386 hospitalised, while a total of 13 new COVID-19 cases were reported across Bangladesh in 24 hours till Thursday morning, according to the Directorate General of Health Services (DGHS).With the latest figure,...

48th BCS written exam on July 18

2025-07-02 00:00:00

The 48th BCS (special) written examination (MCQ type) will be held on July 18 (Friday) at 10 am, reports BSS.The information was revealed in a press release of Bangladesh Public Service Commission (PSC) on Tuesday. The release said the written...

NU launches 'July Shaheed Smrity Scholarship'

2025-07-02 00:00:00

The National University (NU) has decided to offer 'July Shaheed Smrity Scholarship' every year to its students in recognition of their significant role during the July uprising, reports BSS.Under the scholarship, the graduate, post graduate students with special needs, marginal...

Police seek seven-day remand for four

2025-07-02 00:00:00

CUMILLA, June 30 (UNB): Police on Monday sought 7 days' remand for the four youths arrested in connection with the sensational incident in Cumilla's Muradnagar.The accused are Sumon, Ramjan Ali, Md Babu and Md Anik, said Cumilla Court Inspector Sadequr...

IUB VC Prof. M. Tamim and FWU VC Prof. Dr. Hem Raj Pant exchanging documents

2025-07-02 00:00:00

Independent University, Bangladesh (IUB) Vice Chancellor (VC) Prof. M. Tamim and Far Western University (FWU) VC Prof. Dr. Hem Raj Pant exchanging documents after signing a memorandum of understanding (MoU) on the FWU campus in Nepal recently.

Expatriate commits 'suicide' after 'killing' ex-wife in M'singh

2025-07-02 00:00:00

MYMENSINGH, July 01 (UNB): A Bangladeshi expatriate in Oman allegedly committed suicide by hanging himself from the ceiling of his house after killing his ex-wife at Gulkibari in Mymensingh district town on Tuesday.The deceased were identified as Rakibul Karim Rakib...

HSIA bolsters security with add’l measures

FE REPORT | 2025-07-02 00:00:00

Hazrat Shahjalal International Airport (HSIA) authorities enforced additional security measures to strengthen vigilance and ensure the safety of passengers and aviation operations. Authorities at the country's busiest airport took the action after a gun magazine was discovered recently in the...

Five more NBR officials under ACC scanners

FE REPORT | 2025-07-02 00:00:00

The Anti-Corruption Commission (ACC) has launched investigations into five more officials of the National Board of Revenue (NBR) over allegations of corruption and irregularities.The officials currently under investigation are Abdul Rashid Miah, Additional Commissioner, Large Taxpayers Unit (VAT); Lutfur Azim,...

Court orders gazette notice summoning Hasina, 99 others

FE REPORT | 2025-07-02 00:00:00

A Dhaka court on Tuesday ordered the Anti-Corruption Commission (ACC) to issue a gazette notification summoning 100 individuals, including former prime minister Sheikh Hasina, her sister Sheikh Rehana, and her son Sajeeb Wazed Joy, in connection with six graft cases.Dhaka...

Hilsa prices hit record high

FE REPORT | 2025-07-02 00:00:00

Hilsa fish prices have reached a record high this rainy season, making it unaffordable for low-, and middle-income families.Even though supply of the fish has increased a bit in the recent weeks, its prices are still high - ranging from...

AL leader Shahidullah held over attack on July protesters

2025-07-02 00:00:00

Police on Monday arrested an Awami League (AL) leader for his alleged link to attack an anti-discrimination student movement in the capital's Motijheel area, reports BSS.The arrestee was identified as Shahidullah Chowdhury Shaheen, 57, former assistant secretary of Dhaka South...

BNP leader stabbed to death in city

2025-07-02 00:00:00

A BNP leader has been killed in a machete attack in Dhaka's Mohammadpur, according to police, reports bdnews24.com.Two people have been arrested in connection with the incident that occurred in Taj Mahal Road around 11:30am on Monday.The victim, identified by...