MEXICO CITY, June 27, 2025 (BSS/AFP) - Mexico's central bank on Thursday announced a fourth straight half-percentage-point cut to its benchmark interest rate to counter the effects of an expected global economic slowdown.The governing board's decision to lower the key...
LONDON, June 27 (AFP): British car exports to the United States slumped by over half in May in large part due to President Donald Trump's tariffs, data showed Friday, but are set to recover thanks to a US-UK trade deal.Britain's...
NEW YORK, June 27 (AFP): The dollar hit a three-year low on Thursday as President Donald Trump eyed candidates to succeed Federal Reserve boss Jerome Powell, fueling bets of cuts to US interest rates.But Wall Street rose handsomely, lifting the...
UNITED NATIONS, June 27 (Arab News): The UN peacekeeping chief warned Thursday about potential spill over from Sudan's war to undermine nascent stability in the Central African Republic, including paramilitary operations.Last week, an armed group attacked a patrol by the...
KYIV, June 27 (AFP): A Russian strike on Friday killed five people and wounded 23 in Ukraine's industrial Dnipropetrovsk region, where Moscow has stepped up fatal bombardments, authorities said.Russian forces, which invaded Ukraine early in 2022, are vying to gain...
VENICE, June 27 (Reuters): Amazon founder Jeff Bezos and journalist Lauren Sanchez were set to exchange marriage vows at a ceremony in Venice on Friday, part of a three-day wedding extravaganza that has attracted dozens of celebrity guests but also...
MOSCOW, June 27 (Reuters): India and Russia discussed the supply of S-400 missile systems, upgrades to Su-30 MKI fighter jets, and the procurement of critical military hardware, the Indian government said on Friday.The defence ministers of both countries met on...
PHNOM PENH, June 27 (AFP): Cambodia's influential ex-premier Hun Sen on Friday accused Thailand's prime minister of insulting the Thai king, as tensions between the neighbouring countries intensified.He said Prime Minister Paetongtarn Shinawatra's comments about her military commander -- who...
JERUSALEM, June 27 (AFP): An Israeli court on Friday rejected Prime Minister Benjamin Netanyahu's request to postpone giving testimony in his corruption trial, after US President Donald Trump said the case should be cancelled.Netanyahu's lawyer on Thursday asked the court...
GAZA CITY, June 27 (Agencies): Israeli airstrikes have killed at least 72 people across the Gaza Strip in the past 24 hours, according to hospital officials, as humanitarian groups report a growing toll among Palestinians seeking aid amid the ongoing...
TOKYO, June 27 (Reuters): Japan executed a man on Friday who killed nine people after contacting them on social media, the first use of capital punishment in the country in nearly three years.Takahiro Shiraishi had been sentenced to death for...
Md Saidul Islam | 2025-06-28 00:00:00
Bangladesh is entering a new phase of financial innovation. As global investment into the country increases, the need for flexible, rapid, and non-traditional financing options becomes more pronounced. One such mechanism, Standby Letter of Credit (SBLC) monetisation, holds significant promise...
Consumer rights are not a luxury; it is a necessity for a fair and ethical economy. Yet in Bangladesh, the sad reality is that consumer fraud has become a routine practice. From food adulteration, underweight goods, false advertising, to substandard...
Freelancing has gained significant popularity around the world, and Bangladesh is no exception. Approximately, 1.57 billion people, or 46.7 per cent of the global labour force, are freelancers, contributing to a market valued at $3.39 trillion, with approximately 1.0 million...
Tanim Asjad | 2025-06-28 00:00:00
Three months ago, Yuval Noah Harari, a famous historian and writer, wrote a piece in the Financial Times (FT) describing Donald Trump's global vision. Harari pointed out that the president of the United States believed in the 'might is right'...
Syed Muhammed Showaib | 2025-06-28 00:00:00
Hollywood is famous for making thrilling bank heist movies, several of which have earned a place among the best ever made. However, the real-life bank heists that have taken place in Bangladesh are just as astonishing, if not more. Over...
The UNICEF and other international bodies concerned about public health hazards caused by lead poisoning estimate that 800 million children globally have blood lead levels at above 5.0 microgram per decilitre. Worryingly, there is no safe level of lead in...
Md Touhidul Alam Khan | 2025-06-28 00:00:00
In recent years, the global shift towards sustainability has become increasingly evident, prompting a growing recognition of the critical importance of transparent and consistent reporting. As investors demand clearer insights into how companies are managing their sustainability risks and opportunities,...
FE REPORT | 2025-06-27 12:00:00
Kick-starting structural reforms is imperative to spur economic growth, rebuild investor confidence and reverse the ongoing economic slowdown, but the new budget falls short on this account, experts and economists said.Such conclusion was drawn at a meet Thursday after doing...
JUBAIR HASAN | 2025-06-27 12:00:00
Bangladesh enjoys a feel-good ambience on the foreign-exchange front now as steady inflows push its gross dollar-denominated reserves above US$30-billion mark after two years, latest official statistics show. The country's gross foreign-exchange reserves crossed $30.5 billion following the release of...
Jahidul Islam | 2025-06-27 00:00:00
There is no denying that small and medium enterprises (SMEs) stand as the backbone of Bangladesh's developing economy, contributing substantially to employment creation, grassroots innovation, rural industrialization, and inclusive growth across both formal and informal sectors nationwide. But what is...
Banks should adopt a clear agenda to serve the CMSME segment by tailoring products for meet their specific banking needs, said Mr Tareq Refat Ullah Khan, managing director and CEO of BRAC Bank, while explaining the important role the BRAC...
With around 8.0 million (80 lakh) CMSMEs contributing nearly 90% of Bangladesh's business landscape, banks are increasingly focusing on this vital segment. As exposure to corporate and institutional lending reaches saturation, many banks are turning to CMSME financing to diversify...
SYFUL ISLAM | 2025-06-27 00:00:00
A great array of over 11.8 million smaller enterprises across Bangladesh are a pivot to its economy, all together contributing around 30 per cent to the country's gross domestic product (GDP). However, they get a negligible amount as loans from...
Jasim Uddin Haroon | 2025-06-27 00:00:00
Country-status change has a price for businesses to pay. As Bangladesh approaches its graduation from least-developed country (LDC) status in 2026, concerns run high that its small and medium enterprises (SMEs) in particular may face challenges in exporting goods in...
LONDON, June 26 (AFP): Paceman Jofra Archer has been named in England's squad for the second Test against India after an absence of more than four years.The 30-year old fast bowler, hampered by injuries during his career, has played just...
RIYADH, Saudi Arabia, June 26 (AFP): Cristiano Ronaldo inked a two-year extension with Saudi Arabia's Al Nassr, the club announced Thursday, following months of speculation over which team he would sign for next season."Cristiano Ronaldo is staying at @AlNassrFC until...
Defending SAFF Women's champions Bangladesh team, now in Yangon to play the Group C matches of the AFC Women's Asian Cup Qualifiers, conducted their first practice session on Thursday despite the rainy weather in the Myanmar capital, reports UNB.Two times...
NEW YORK, June 26 (AP): Lionel Messi is the highest-paid player in Major League Soccer for the third straight year with total annual compensation of $20,446,667, greater than the entire payroll of 21 teams.Messi's base compensation is $12 million, the...
COLOMBO, June 26 (AFP): In-form opener Pathum Nissanka scored an unbeaten 146 as Sri Lanka tightened their grip on the second Test against Bangladesh on day two in Colombo on Thursday.The hosts were 290-2 at stumps, a lead of 43...
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