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WB announces Lebanon, Syria reconstruction projects

2025-06-26 00:00:00

BEIRUT, June 25 (AFP): The World Bank (WB) announced on Wednesday it had approved $250 million to support Lebanon's post-war reconstruction and a $146 million grant to rehabilitate neighbouring Syria's electricity sector.Lebanon is reeling from last year's devastating war between...

Fed kicks off effort to ease bank leverage rules

2025-06-26 00:00:00

WASHINGTON, June 25 (Reuters): The Federal Reserve meets on Wednesday to advance a proposal that would ease leverage rules for banks, which would grant the industry a long-sought win they say will help big firms facilitate Treasury market trading.The central...

RBI to withdraw surplus funds to dampen money market's mood

2025-06-26 00:00:00

MUMBAI, June 25 (Reuters): The Indian central bank's decision to withdraw surplus liquidity from the banking system just weeks after a large rate cut and cash boosting measures has prompted an uptick in money market rates which may continue in...

NOTUNDHORA RECOGNISED AS HIGHEST LAND DEVELOPMENT TAXPAYER

2025-06-26 00:00:00

Notundhora Assets Ltd, a housing company, has been recognised by the Upazila Revenue Committee concerned as the highest taxpayer in the field of Land Development Tax for the third consecutive year (Bengali year 1431). Shahin Miah Shikder, Executive Director of...

BARI gets National Environment Award 2024

2025-06-26 00:00:00

The Bangladesh Agricultural Research Institute (BARI), Gazipur has been honoured with the National Environment Award 2024 in the category of 'Environmental Research and Innovation in Technology.' The award was presented at a grand ceremony held at the Bangladesh-China Friendship Conference...

UNITED FINANCE AGM APPROVES 10PC CASH DIVIDEND

2025-06-26 00:00:00

The 36th Annual General Meeting of United Finance PLC was held on a digital platform on Tuesday. The shareholders approved a cash dividend of 10% for 2024 at the AGM. Chairman of United Finance Najmul Hasan; Directors Moinuddin Hasan Rashid,...

Bengal Commercial Bank hosts Micro Credit Conclave

2025-06-26 00:00:00

Bengal Commercial Bank (BGCB) organised 'Micro Credit Conclave 2025' at the BGCB Training Centre in Dhaka on Wednesday, with the participation of the Bank's Micro Credit team. Tarik Morshed, Managing Director & CEO of the bank, attended the programme as...

Amari Dhaka introduces summer weekend brunch

2025-06-26 00:00:00

Amari Dhaka is introducing a weekend summer brunch at Amaya Food Gallery, starting June 28. The brunch will be held every Saturday from 11:30 am to 3:30 pm, offering a wide selection of local and international dishes through live cooking...

Japanese investors urged to explore EPZs in BD

FE REPORT | 2025-06-26 00:00:00

The Bangladesh Export Processing Zones Authority (BEPZA) hosted a high-level investment seminar in Tokyo, Japan, on Wednesday, urging Japanese investors to explore lucrative opportunities in the country's Export Processing Zones (EPZs) and the BEPZA Economic Zone.The seminar followed the recent...

ICAB gets new president

2025-06-26 00:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB) has elected N. K. A. Mobin as its new president. Also, four new vice presidents of the Institute have been elected. They are Suraiya Zannath, Md Rokonuzzaman, Muhammad Mehedi Hasan and Md...

Foreign firms should share profits with the public: ICB chief

FE REPORT | 2025-06-26 00:00:00

The chief of the Investment Corporation of Bangladesh (ICB) on Wednesday urged the securities regulator to actively pursue the listing of profitable multinational companies. Speaking at a discussion organised by the DSE Brokers Association of Bangladesh (DBA) at the DSE...

La Rosa to lead Chevron portfolio across key global exploration

2025-06-26 00:00:00

Javier La Rosa has been appointed to lead a broad Chevron portfolio that includes several of the company's key global assets. His new role as president of Base Assets and Emerging Countries (BAEC) is effective July 1, 2025. He will...

Sonar Bangla Insurance posts lowest earnings in 2024

FE EPORT | 2025-06-26 00:00:00

Sonar Bangla Insurance has reported a profit of Tk 8.4 million for 2024, the lowest since its listing in the stock market, thanks to a sharp fall in premium income after the political changeover in August last year.The company's profit...

Final draft empowers regulator to declare bankruptcy

FE REPORT | 2025-06-26 00:00:00

Final draft of Insurers Resolution Ordinance-2025 has been prepared, empowering the insurance regulator to declare a troubled company bankrupt and sell personal assets of directors, if needed, to settle claims. The draft ordinance promises extensive power to the Insurance Development...

MIRZAPORE AND ZAREEN TEA GARDENS WIN GREEN FACTORY AWARD 2025

2025-06-26 00:00:00

Two tea gardens under Ispahani Group -- Mirzapore Tea Garden and Zareen Tea Garden -- achieved the Green Factory Award 2025 in the tea category in recognition of their worker-friendly and environmentally sustainable practices. Mirza Ahmed Ispahani, Director of Ispahani...

PIONEER INSURANCE HOLDS EXTRAORDINARY GENERAL MEETING

2025-06-26 00:00:00

The extraordinary general meeting (EGM) of Pioneer Insurance Company Limited was held on Wednesday using a digital platform to change the name of the company from 'Pioneer Insurance Company Limited' to 'Pioneer Insurance PLC' and to increase the authorised share...

CITIZENS BANK CHAIRMAN CONGRATULATES NEWLY ELECTED ICAB PRESIDENT

2025-06-26 00:00:00

Chairman of Citizens Bank Chowdhury Mohammed Hanif Shoeb along with Chairman of Executive Committee Masuduzzaman and other members of the Board of Directors, and Managing Director (current charge) Mostafizur Rahman congratulate N K A Mobin, Independent Director of the bank,...

Reinstate full cash incentives for exports

FE REPORT | 2025-06-26 00:00:00

Amid rising production costs and escalating global economic uncertainty, apparel exporters have urged the government to reinstate full cash incentives for exports to help the sector remain competitive.Leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) made the appeal...

Stabilisation signs emerge as long-term fundamentals hold

2025-06-26 00:00:00

Standard Chartered Bangladesh on Wednesday hosted its flagship Global Research Briefing on the outlook for Bangladesh's economy.The briefing featured key insights from the bank's Global Research team and presented a cautiously optimistic picture. Data shows that Bangladesh's macroeconomic conditions are...

Mintoo named one of 'Top Agri-Food Pioneers'

FE REPORT | 2025-06-26 00:00:00

The World Food Prize Foundation has named renowned business personality Abdul Awal Mintoo as one of the '2025 Top Agri-Food Pioneers (TAP)' in recognition of his significant contributions to agriculture and food security in Bangladesh and beyond. Mr. Mintoo, also...

OPC model stalls, hinders FDI

SAJIBUR RAHMAN | 2025-06-26 00:00:00

The slow pace in the formation of One Person Companies (OPCs) is emerging as a bottleneck for Foreign Direct Investment (FDI) in Bangladesh despite regulatory reforms aimed at encouraging business-friendly structures.The concept introduced to streamline business registration and attract individual...

DUET Vice-Chancellor Prof Dr Mohammad Zoynal Abedin speaking

2025-06-26 00:00:00

Dhaka University of Engineering and Technology, Gazipur (DUET) Vice-Chancellor Prof Dr Mohammad Zoynal Abedin speaking at a workshop on office management and documentation on its campus on Tuesday.

BUP Vice-Chancellor Major General Md Mahbub-ul Alam watering a sapling

2025-06-26 00:00:00

Bangladesh University of Professionals (BUP) Vice-Chancellor Major General Md Mahbub-ul Alam watering a sapling after planting it on its campus in the capital on Tuesday, marking the BUP's 17th founding anniversary.

Weather (2025-06-26)

2025-06-26 00:00:00

Light to moderate rain/thunder showers with lightning flashes and temporary gusty wind is likely to occur at many places over Khulna, Barishal, Chattogram and Sylhet divisions and at a few places over Rangpur, Rajshahi, Dhaka and Mymensingh divisions with moderately...

Faruk receives cheque for Tk 30m for flood victims

2025-06-26 00:00:00

Relief and Disaster Management Adviser Faruk-e-Azam has received a cheque for Tk 30 million from Eco-Tex Limited for helping the people affected by flood last year, reports BSS.The adviser received the cheque on behalf of the chief adviserat the office...

Woman killed in city road crash-

2025-06-26 00:00:00

A woman has been killed in a road accident in the capital's Gulistan area, reports UNB.The deceased is Majeda Begum (65), hailing from Rajbari district. Pedestrian Md Russel who brought the victim to DMCH said a speeding vehicle hit her...

100 BD youth commit to championing values of Commonwealth

2025-06-26 00:00:00

Around 100 young leaders from across Bangladesh have pledged to champion the values of the Commonwealth Charter following a two-day workshop in Dhaka from 23 to 24 June 2025, reports UNB.The Commonwealth Secretariat organised the workshop in partnership with Bangladesh's...

Chief of Air Staff Air Chief Marshal Hasan Mahmood Khan speaking-

2025-06-26 00:00:00

Chief of Air Staff Air Chief Marshal Hasan Mahmood Khan speaking at the inaugural ceremony of the newly-constructed 'Shaheen Bhaban' at Habib Ullah Khan High School in Chhagolnaiya upazila under Feni recently. — ISPR

Focus also on drug kingpins, not just carriers: Home Adviser

2025-06-26 00:00:00

Home Affairs Adviser Jahangir Alam Chowdhury has stressed the need for arresting the kingpins behind drug trafficking networks, saying that targeting only the carriers is not enough to combat the drug menace, report agencies"You asked for tools, they have been...

IED detonated again at DU

DU CORRESPONDENT | 2025-06-26 00:00:00

An improvised explosive device (IED) has been detonated in front of Raju Memorial Sculpture of Dhaka University on Tuesday following a similar incident at the campus that had occurred more than a week ago.Stating that the authorities are reviewing CCTV...