FE REPORT | 2025-10-08 00:00:00
The Power Division has sought over Tk 23.19 billion as subsidy from the government against the state-run Bangladesh Power Development Board's (BPDB) tariff deficit to help ensure uninterrupted power supply across the country, official sources said.The BPDB sustained the tariff...
SIDDIQUE ISLAM | 2025-10-08 00:00:00
The yield on Bangladesh's two-year treasury bonds dropped below the central bank's policy rate on Tuesday, as banks continued shifting excess liquidity into government securities amid sluggish private credit demand ahead of the national election. The move reflects a cautious...
STOCKHOLM, Oct 7 (AFP): Briton John Clarke, Frenchman Michel Devoret and American John Martinis won the Nobel Prize in Physics on Tuesday for work on quantum physics in action, the Nobel jury said. The trio was honoured "for the discovery...
FE REPORT | 2025-10-08 00:00:00
Bangladesh's economic activities gained pace in September 2025, with the country's Purchasing Managers' Index (PMI) rising to its highest level in recent months. The key gauge of overall economic momentum increased to 59.1, up from 58.3 in August, according to...
FE REPORT | 2025-10-08 00:00:00
In a major policy shift, Bangladesh Bank (BB) has allowed exporters to ship goods under open account credit terms backed by insurance coverage from local insurance companies, aiming to ease the country's export procedures.To this effect, the central bank issued...
FE REPORT | 2025-10-08 00:00:00
South Asian nations, including Bangladesh, have achieved decades of steady economic growth yet failed to stem the widening gap between rich and poor, said Professor Rehman Sobhan, Chairman of the Centre for Policy Dialogue (CPD).Speaking at a seminar in Dhaka...
FE REPORT | 2025-10-08 00:00:00
While adoption of artificial intelligence would affect the job market in different ways, rational tariff cuts on intermediate inputs would benefit younger and more skilled workers in South Asian countries including Bangladesh, according to a latest World Bank (WB) report.Chief...
FE REPORT | 2025-10-08 00:00:00
Saudi investors are invited to channel funds into large-scale and long-term projects in Bangladesh's promising economy alongside easier labour recruitment by and remittance sending from the oil-rich Arab country. The call came Tuesday from the Saudi Arabia-Bangladesh Business Summit 2025...
OUR CORRESPONDENT | 2025-10-08 00:00:00
CHATTOGRAM, Oct 07: Chattogram port, the country's principal seaport, has broken a 48-year record by handling the highest number of containers in the 2024-25 fiscal year (FY), according to port officials. They attributed the achievement to the expansion of jetty...
FE REPORT | 2025-10-08 00:00:00
Finance Adviser Dr Salehuddin Ahmed raised questions about reliability of the procedure of measuring poverty by the World Bank, just as the global lender presented Bangladesh situation. "I know how they measure poverty. There are base…there are clientele (to give...
Bangladesh Nationalist Party (BNP) Acting Chairman Tarique Rahman has said his party wants the interim government to be successful and hold a fair election to fulfill its responsibility."We want the interim government to be successful. We also expect that the...
FE REPORT | 2025-10-08 00:00:00
Economic pickup is to spur Bangladesh's GDP growth to 4.8 per cent this fiscal year and to an impressive 6.3 per cent next, the World Bank says, also dispelling fears of export loss following the country's LDC graduation. In its...
REZAUL KARIM | 2025-10-08 00:00:00
Bangladesh's export-oriented shrimp industry is grappling with serious setbacks due to a combination of internal and external challenges, including financial constraints and raw material shortages, according to industry sources. Over the past few years, shrimp export volumes have gradually declined,...
A month-long entrepreneurship development training programme was organised by Bangladesh Bank in collaboration with NCC BANK PLC under the 'Skills for Industry Competitiveness and Innovation Programme (SICIP)' implemented by the Finance Department of the Ministry of Finance with funding from...
YASIR WARDAD | 2025-10-08 00:00:00
The edible oil market has become unstable again as most refiners reduced their supply of bottled soybean oil to grocery stores after the government proposed the price at Tk 190 per litre.Many distributors reportedly sold stored oil at higher prices,...
Trust Bank PLC has celebrated a significant milestone of reaching Tk 500bn deposits at a ceremony at its head office recently.Bank's Managing Director and CEO Ahsan Zaman Chowdhury along with deputy managing directors, senior executives, and branch managers were present...
Meghna Bank has partnered in the Saudi Arabia-Bangladesh Business Summit 2025 as the silver sponsor.The three-day summit organised by the Saudi Arabia-Bangladesh Chamber of Commerce and Industry (SABCCI) is currently underway at Hotel Sheraton, Dhaka, says a press release.As an...
MUNIMA SULTANa AND MONIRA MUNNI | 2025-10-08 00:00:00
The government has formulated the Electric Vehicle Industry Development Policy 2025, outlining a time-bound action plan to identify and register electric vehicles (EVs) by June 2026 and 2030, with the aim of promoting domestic production and reducing carbon emissions from...
NEW DELHI, Oct 7 (Reuters): India's air safety regulator has sought more information from Boeing Co after an emergency power system unexpectedly activated on an Air India 787 Dreamliner on Saturday, a government source with direct knowledge of the matter...
WASHINGTON, Oct 7 (Reuters): The Trump administration is expected to announce a plan as soon as Tuesday to bail out US farmers stung by trade disputes and big harvests, with the initial outlay potentially totaling up to $15 billion, according...
LONDON, Oct 7 (Reuters): Oil prices edged slightly lower on Tuesday as investors weighed a smaller than expected increase to OPEC+ output in November against a backdrop of possible oversupply.Brent crude futures were down 39 cents, or 0.6 per cent,...
Exchange-traded funds (ETFs) tracking crypto assets drew record inflows of $5.95 billion globally last week, as strong demand for digital assets helped propel bitcoin to an all-time high, reports Reuters.Digital asset investment products garnered the record capital in the week...
BRAC Bank, in collaboration with the Bangladesh Open Source Network (BdOSN), organised a three-day training programme titled 'Amrai TARA' to empower 30 promising women entrepreneurs with knowledge, skills, and networks needed to expand their businesses. The training took place at...
AB Bank PLC inaugurated a collection booth at National Institute of Diseases of the Chest & Hospital (NIDCH) offering full-fledged modern banking services. This booth under Mohakhali branch will facilitate all the collection of NIDCH along with providing pay roll...
Pubali Bank PLC launched a tree plantation programme on the National University Campus as part of its social responsibility activities. The tree plantation was inaugurated by National University Vice Chancellor Prof Dr ASM Amanullah as the chief guest. Pubali Bank...
Prime Bank PLC has launched Bangladesh's first-ever SME Debit Card with International Remittance Facility, enabling small and medium enterprises to make seamless international online payments for business purposes. The Prime Bank SME Debit Card can also be used locally for...
Gold extended its record-breaking rally on Tuesday, hovering just $22 shy of the $4,000 per ounce milestone, driven by expectations of a Federal Reserve rate cut later this month and persistent safe-haven demand amid the ongoing US government shutdown, reports...
OUR CORRESPONDENT | 2025-10-08 00:00:00
SYLHET, Oct 07: The much-talked-about tourist site Sadapathar has been leased to a private individual at about Tk 34.12 million for six months. Lilu Mia, a stone trader and stone crushing mill owner of Chhatak upazila in Sunamganj, was awarded...
Mr. Noodles, the country's popular noodles brand, has launched ramen noodles in the market. Eleash Mridha, Managing Director of the brand, unveiled the new product at a programme held at its head office in Dhaka on Monday, says a press...
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