Gold prices nudged higher on Monday, as escalating Iran-Israel tensions outweighed pressure from a stronger dollar, with markets closely watching Iran's next move, reports Reuters.Spot gold was up 0.2% at $3,375.79 an ounce, as of 0939 a.m. EDT (1339 GMT)....
The Public-Private Partnership (PPP) Authority of Bangladesh successfully organised a 'Divisional PPP Conference and Workshop' at a hotel in Bogura on Monday, bringing together key stakeholders from the public and private sectors to explore future investment prospects through PPP.Muhammad Rafiqul...
FE REPORT | 2025-06-24 00:00:00
The government has announced the names of 30 factories to receive the prestigious Green Factory Award 2025, in recognition of their outstanding contributions to environmentally sustainable industrial practices across Bangladesh.According to a circular of the Ministry of Labour and Employment...
Airlines on Monday were weighing how long to suspend Middle East flights as a conflict which has already cut off major flight routes entered a new phase after the U.S. attacked key Iranian nuclear sites and Tehran vowed to defend...
State Bank of India, Bangladesh Operations, organised an "AML / CFT Training & Awareness Session" with a view to creating awareness among the staffs to instill a proactive culture. The training was held on the Country Office premises recently. A....
An Agreement has recently been signed between Trust Bank PLC and ACI Logistics Ltd (Shwapno Supershop). Under this Agreement, Trust Bank Credit Card holders can avail up to 15% cashback while shopping at any Shwapno Supershop outlet or on its...
FE REPORT | 2025-06-24 00:00:00
From now on, people can check retail prices of goods across the country using their mobile phones.On Monday, Alim Akhter Khan, Director General of the Directorate of National Consumer Rights Protection (DNCRP), officially launched an Android app called 'Bazardor' at...
FE REPORT | 2025-06-24 00:00:00
Afroza Shahin, wife of the founder and former managing director of TEAM Group, Abdullah Hil Rakib, has been appointed as the new managing director of the group following his tragic and untimely death.On June 8, Abdullah Hil Rakib and his...
FE REPORT | 2025-06-24 00:00:00
M Akhtar Hossain, acting managing director of Exim Bank, has recently resigned from his post at the Shariah-based lender amid ongoing discussions regarding the merger of five Islamic banks.Mr Hossain, a seasoned banker, joined Exim Bank as additional managing director...
Ferdous Ali Khan has been elected as the Chairman of the Executive Committee of the Board of Directors of Standard Bank PLC in its 411th meeting held recently, says a statement. A pioneer in the tailoring industry, Mr Khan founded...
YASIR WARDAD | 2025-06-24 00:00:00
The country's food grain import cost is set to be considerably higher than the growth of its import volume in the outgoing this fiscal, available data revealed. According to the Ministry of Food, imports of food grain both by private...
FE REPORT | 2025-06-24 00:00:00
Bangladesh's chronic revenue shortfall and lack of tax compliance are at the heart of its fiscal and developmental challenges, said Anisuzzaman Chowdhury, special assistant to the chief adviser of the interim government, on Monday.He made the observation at a post-budget...
RIYADH, June 23 (Arab News): Saudi Arabia's non-oil industrial activities posted robust growth of 5.3 per cent in 2024, highlighting the success of the Kingdom's economic diversification efforts under Vision 2030.The overall Industrial Production Index however declined by 2.3 per...
BRUSSELS, June 23 (AFP): Business activity in the eurozone was up marginally in June, marking the sixth consecutive month of expansion-albeit at a slowing, sluggish pace, a closely watched survey showed Monday.The HCOB Flash Eurozone purchasing managers' index (PMI) published...
BENGALURU, June 23 (Reuters): India's private sector activity accelerated sharply in June as companies ramped up production to meet surging domestic and international demand, according to a survey released on Monday that showed record export growth and robust hiring.The HSBC...
JEDDAH, June 23 (Arab News): The International Monetary Fund has warned that US airstrikes on Iran could amplify global economic uncertainty, with potential spillovers far beyond energy markets, its head told Bloomberg on Monday.IMF Managing Director Kristalina Georgieva said that...
A 25-day Foundation Training Course for Officers (Batch 05/2025) organised by Janata Bank PLC began at the Janata Bank Staff College in the city recently. Managing Director of the bank Md Mazibur Rahman inaugurated the course. A total of 50...
IFIC Bank, the country's largest commercial bank in terms of branch and sub-branch network, organised a day-long workshop, titled "Currency Management by Scheduled Bank Branches" with the aim of making currency management in the bank more streamlined, disciplined, and modernised....
Southeast Bank successfully held its regional conference titled "Leadership Circle - 2025" on Sunday in Khulna, aiming to align strategic business goals, address operational challenges, and chart a future-focused roadmap for the Khulna region. The conference was attended by Mr....
FE REPORT | 2025-06-24 00:00:00
Mercantile Bank wants to raise Tk 8 billion by issuing subordinated bonds to strengthen its capital base under Basel-III compliance as per the Bangladesh Bank's December 2014 guidelines on risk-based capital adequacy.The bond issuance is subject to the approval of...
Bengal Islami Life Insurance Limited recently inaugurated the "Bengal OPD Rider (Outpatient Treatment)" service at a grand ceremony at the 3D Auditorium of Krishibid Institution Bangladesh at Farmgate in the capital. This outpatient treatment service will be provided to Bengal...
Bangladesh's apparel exports to the European Union (EU) witnessed a notable surge, reaching US$8.07 billion during the January-April period of 2025, up significantly from $6.51 billion in the same period of 2024, reports UNB.This impressive growth represents a 23.98 per...
FE REPORT | 2025-06-24 00:00:00
Ziad Shatara has been appointed as managing director (MD) and CEO of Robi Axiata by the company's board of directors.The appointment is effective from September 1, according to an official statement of Robi. With over 30 years of experience in...
FE REPORT | 2025-06-24 00:00:00
Acme Pesticides has sought another 18-month extension to fully utilise its IPO (initial public offering) fund as it failed to complete fund utilisation even within an extended time frame.The company has already used most of the IPO proceeds in line...
Mutual Trust Bank (MTB) elected Syed Nasim Manzur and Tapan Chowdhury as directors and Zareen Mahmud Hosein as an independent director to its board, according to a statement.SYED NASIM MANZURSyed Nasim Manzur, an eminent Bangladeshi industrialist, is the managing director...
MOHAMMAD MUFAZZAL | 2025-06-24 00:00:00
Bangladesh's equity market has not yet witnessed a significant impact of the Iran-Israel conflict, but experts and market operators fear that its escalation with the US stepping in will gradually start biting it. There are concerns that if the conflict...
M G Quibria | 2025-06-24 00:00:00
Foreign direct investment (FDI) has been a cornerstone of economic transformation in many developing countries. It brings not only capital but also global market access, cutting-edge technology, managerial know-how, and integration into international production networks. Countries like Vietnam and Mexico...
Dog bites have long been a neglected but persistent public health challenge in Bangladesh. Each year, thousands of people particularly children and the poor fall victim to stray dog attacks, often resulting in physical trauma, psychological distress, and in worst...
Young entrepreneurs are often praised at various conferences both online and offline. But behind the applause, many entrepreneurs are quietly struggling. The problem isn't a lack of ambition or creativity. It's the absence of tangible, practical support.Young people across Bangladesh...
Syed Fattahul Alim | 2025-06-24 00:00:00
The interim government's Finance Adviser, Dr Salehuddin Ahmed, in response to criticism of the just-approved budget for FY 2025-26 that it followed an 'old road', came out forcefully saying that it was rather a 'highway born out of the old...
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