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Oil edges up

2025-07-02 00:00:00

LONDON, July 1 (Reuters): Oil prices were slightly higher on Tuesday as investors assessed expectations that OPEC+ will announce an output hike for August at an upcoming meeting as well as trade negotiations.Brent crude was up 54 cents, or 0.8...

HSBC raises average gold price forecasts for 2025 and 2026

2025-07-02 00:00:00

HSBC raised its 2025 average gold price forecast to $3,215 an ounce from $3,015 and its 2026 forecast to $3,125 from $2,915, citing elevated risks and government debt, reports Reuters.Gold tends to perform well during periods of economic uncertainty and...

Europe drives LNG import growth as Asia stumbles on higher price

2025-07-02 00:00:00

LAUNCESTON, Australia, July 1 (Reuters): Global imports of liquefied natural gas (LNG) ticked higher in the first half of 2025 as stronger European demand pulled cargoes away from Asia.Total imports of the super-chilled fuel were 208.62 million metric tons in...

Suzuki Premium Experience Centre opens in city

2025-07-02 00:00:00

Uttara Motors Limited, the sole distributor of Suzuki Cars and SUVs in Bangladesh, inaugurated its Suzuki Premium Experience Centre at Gulshan-Tejgaon Link Road in Dhaka on Monday. The event was jointly inaugurated by Yasuhiko Hirose, Executive Officer, and Anil Kumar...

CITIZENS BANK ORGANISES TRAINING ON ISS REPORTING

2025-07-02 00:00:00

Citizens Bank organised a day-long training on 'Integrated Supervision System (ISS) Reporting' at its Training Academy recently. Md. Abdul Latif, Deputy Managing Director of the bank, inaugurated the programme. Md. Dewan Siraj, Director, Integrated Supervision Management Department (ISMD), Bangladesh Bank,...

ERL sets new record in FY25

NAZIMUDDIN SHYAMOL | 2025-07-02 00:00:00

CHATTOGRAM, July 01: Eastern Refinery Limited (ERL), the country's only state-owned oil refinery, has established a new record in crude oil refining, as it has processed a total of 1.535 million tonne crude oil in the fiscal year 2024-25 surpassing...

Record 1.7m taxpayers file returns online in FY25

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

In a major leap towards digital tax compliance, more than 1.7 million taxpayers filed their income tax returns online in the fiscal year 2024-25, which ended on Monday. The record number marks a significant milestone in the National Board of...

Jahangir Alam joins Jamuna Bank as DMD

2025-07-02 00:00:00

Jamuna Bank PLC has appointed Mohammad Jahangir Alam as Deputy Managing Director (DMD), effective on July 1, says a statement. With over two decades of experience in Corporate and Investment Banking, Mr Alam brings deep expertise, visionary leadership and a...

Closing workshop of agri research projects

2025-07-02 00:00:00

The concluding workshop of agricultural research projects conducted under the guidance of Bangladesh Bank and funded by the 'Special CSR Grant' of Dutch-Bangla Bank was held at a hotel in Dhaka recently. Abul Kashem Md. Shirin, Managing Director and CEO...

Chevron keen to invest in further exploration of two onshore blocks

M AZIZUR RAHMAN | 2025-07-02 00:00:00

Chevron Bangladesh, a part of the global energy company Chevron, has expressed its keenness to invest in further exploration of two onshore gas blocks - block-11 and block-12 - in the country's gas-rich north-eastern region along with a compression station...

Shippers' Council holds 3rd emergent meeting

2025-07-02 00:00:00

The 3rd emergent meeting of the Board of Directors of Shippers' Council of Bangladesh (SCB) for the term 2024 & 2025 was held at its office at Dhanmondi in Dhaka on Tuesday, with its Chairman Md. Rezaul Karim in the...

National Bank launches new campaign 'Uttoron'

2025-07-02 00:00:00

As part of its initiatives for deposit mobilisation, consumer financing, and credit card services, National Bank PLC has officially launched a special campaign titled 'Uttoron -- Rise Again, Rise with Trust'. The campaign has been specially designed to offer a...

BRAC Bank hosts Compliance Meet for bank officials

2025-07-02 00:00:00

BRAC Bank has hosted a Regional Compliance Meet 2025 aimed at reinforcing the importance of good governance, compliance and strict regulatory adherence among its officials. Some 250 officials from 38 branches and sub-branches across three regions, as well as Premium...

Ctg Port handles record 3.29m containers in FY25

NAZIMUDDIN SHYAMOL | 2025-07-02 00:00:00

CHATTOGRAM, July 1: Chattogram Port, the country's premier seaport, handled a total of 3.29 million TEUs (twenty-foot equivalent units) of containers in the fiscal year 2024-25, marking an increase of 0.13 million TEUs compared to the previous year.In FY2023-24, the...

World economy faces 'pivotal moment'

2025-07-02 00:00:00

LONDON, July 1 (Reuters): Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, central bank umbrella body the Bank for International Settlements, said in its latest assessment of the state of the world economy.Outgoing...

FAS Finance sinks deeper into the red

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

FAS Finance & Investment offers no good news to investors as the non-bank financial institution (NBFI) reported a bigger loss -- Tk 3.19 billion - for 2024, compared to the year before. The poor performance, however, was no surprise as...

Divorce isn't the scandal- our reactions are

FATIN NUR ABONI | 2025-07-02 00:00:00

"I told them I was being beaten," Salma recalled. "But my parents said I just needed to endure. They made me go back," said the victim of an Acid attack (Human Rights Watch, 2020).Divorce - a word hated or feared...

Going cashless limits choices for the poor

2025-07-02 00:00:00

As businesses move towards cashless systems and digital payment platforms dominate the market, a growing portion of the population is being quietly pushed to the margins. While the shift to digital payments is often celebrated as "modernisation," its unintended economic...

Microfinance model for women entrepreneurs

2025-07-02 00:00:00

In Bangladesh, Islamic microfinance has become an essential instrument for empowering female entrepreneurs, especially in the social and familial contexts that frequently influence their business ventures. Women who might otherwise be reluctant to interact with traditional financial systems will find...

Dengue's return : A public health crisis revisited

Wasi Ahmed | 2025-07-02 00:00:00

With the advent of the monsoon, the prevalence of dengue fever in the capital and other regions of the country has once again emerged as an all-too-familiar concern. Regrettably, this recurrence is not merely seasonal -- it is symptomatic of...

Easing travails of overseas job-seekers

2025-07-02 00:00:00

The surge, as reported, in the remittance inflow from Bangladesh's expatriate workers in the last fiscal year (20024-25) that has broken all past records could not have come at a better time. In fact, the total amount of remittance over...

21st death anniversary

2025-07-01 00:00:00

Today (Tuesday) is the 21st death anniversary of Md. Moqublar Rahman, former assistant secretary (drafting), Ministry of Law, Justice & Parliamentary Affairs, says a statement. Moqublar Rahman left behind a son and a host of friends, colleagues and relatives to...

Govt working on Ukraine's stolen grain claim

REZAUL KARIM | 2025-07-01 00:00:00

The interim government is working on resolving the "stolen grain" issue raised by Ukraine, sources said.In this regard, the foreign affairs ministry has requested state agencies, including food, commerce, and shipping ministries; National Board of Revenue (NBR); and Chittagong Port...

Police suspect foul play in Moghbazar hotel deaths

FE REPORT | 2025-07-01 00:00:00

Police suspect foul play in the deaths of a couple and their son whose bodies were found in a hotel room in Dhaka's Moghbazar area on Sunday.The deceased have been identified as Monir Hossain, 48, a Saudi expatriate; his wife...

Failure to publish July Charter undermines govt's authority

2025-07-01 00:00:00

Nahid Islam, convener of the National Citizen Party (NCP), has warned that the interim government will forfeit its moral and political legitimacy to mark the anniversary of the July Uprising if it fails to publish the promised July Charter and...

US State Secy Rubio phones Prof Yunus

2025-07-01 00:00:00

US Secretary of State Marco Rubio held a telephone conversation with Chief Adviser Prof Muhammad Yunus on Monday evening, reports UNB.The 15-minute discussion was warm, cordial and constructive, reflecting excellent bilateral engagement between the two nations, said Chief Adviser's Press...

China positive about democratic restoration in BD, says Fakhrul

FE REPORT | 2025-07-01 00:00:00

Bangladesh Nationalist Party (BNP) has requested China to extend the loan- repayment tenure and reconsider different fees to help revive the damaged economy of the country due to the unexpected political reality in the past 17 years.The party also sought...

Govt to remove outdated vehicles from city roads to curb pollution

FE REPORT | 2025-07-01 00:00:00

The Bangladesh Road Transport Authority (BRTA) will remove outdated and unfit vehicles and introduce 250 new ones to curb vehicular pollution as such outdated vehicles are 'responsible' for poor urban air quality.The government is also planning to establish 10 automatic...

Full single-window digital trade processing starts

FE REPORT | 2025-07-01 00:00:00

Hassle-free export-import certification, licensing and permit issuance digitally runs completely from today with the much-awaited Bangladesh Single Window (BSW) mechanism coming into full-scale operation.Under a project implemented by the National Board of Revenue (NBR), the single-window activity on trade has...

Credit card usage abroad by Bangladeshis up 29.5pc in Apr

SAJIBUR RAHMAN | 2025-07-01 00:00:00

Usage of credit cards abroad by Bangladeshi nationals jumped by nearly 29.5 per cent while their domestic utilisation dropped by nearly 20 per cent in April 2025 over the previous month, according to the latest Bangladesh Bank (BB) data.The central...