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BRAC Bank AGM approves 25pc dividend

2025-06-20 00:00:00

The shareholders of BRAC Bank PLC have approved a 25 per cent dividend -- 12.5 per cent in cash and 12.5 per cent in stock -- for the year 2024. The approval came at the 26th Annual General Meeting (AGM)...

Sri Lanka seeks to strengthen relations with Bangladesh's private sector

2025-06-20 00:00:00

Deputy Foreign Minister of Sri Lanka Arun Hemachandra has expressed his country's keenness to strengthen relations with Bangladesh's private sector."Strengthening relations between the private sectors of both Bangladesh and Sri Lanka would enhance bilateral trade and investment," he said during...

Global uncertainty puts big central banks in a tight spot

2025-06-20 00:00:00

LONDON, June 19 (Reuters): Central banks are grappling with elevated uncertainty about economic growth and inflation, complicating decision-making, especially for those trying to calibrate policy as they near the end of their rate-cutting cycles.That's making life hard for investors too....

Google faces setback in EU android antitrust appeal

2025-06-20 00:00:00

LONDON, June 19 (AP): Google faced a big setback Thursday in its attempt to overturn a multibillion-dollar European Union antitrust penalty involving Android after a top court's legal adviser sided with regulators.The European Court of Justice's advocate general, Juliane Kokott,...

Global IPO activity slumps in 2025 as tariffs, volatility weigh

2025-06-20 00:00:00

Global equity IPOs have plunged this year, weighed down by heightened business uncertainty from US tariffs, elevated market volatility and higher interest rates that have raised funding costs and made listings less appealing for issuers, reports Reuters.According to LSEG data,...

PRAGATI INSURANCE HOLDS 39TH ANNUAL GENERAL MEETING

2025-06-20 00:00:00

Pragati Insurance Ltd. held its 39th Annual General Meeting on a digital platform on Thursday. Syed M. Altaf Hussain, Chairman of the company, presided over the AGM. Directors Khalilur Rahman, Mohammed Abdul Awwal, Md. Syedur Rahman, Md. Mushfiqur Rahman, Mohammed...

Shahjalal Islami Bank holds 898th EC meeting

2025-06-20 00:00:00

The 898th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by Akkas Uddin Mollah, the Chairman of Executive...

NRBC BANK BOARD MEETING HELD

2025-06-20 00:00:00

The 204th meeting of the Board of Directors of NRBC Bank was held at the bank's head office on Wednesday. Md. Ali Hossain Prodhania, Chairman of the bank, presided over the meeting. Independent Directors Md Abul Bashar and Md Anwar...

MTB INSPIRES ENVIRONMENTAL AWARENESS AMONG KIDS

2025-06-20 00:00:00

Mutual Trust Bank (MTB), in collaboration with Footsteps Bangladesh, launched a heartwarming initiative titled "Adopt a Plant" as part of its weeklong World Environment Day 2025 celebration. Held on June 2 at Kazifori Government Primary School and 21 No. Pallabi...

SOUTHEAST BANK ORGANISES AWARENESS PROGRAMME ON ANTI-MONEY LAUNDERING REGULATIONS

2025-06-20 00:00:00

Southeast Bank recently organised an awareness programme on the "Regulatory Framework for Prevention of Money Laundering and Terrorist Financing" at the bank's training institute in the capital. The programme was aimed at developing professional knowledge and ensuring strict compliance with...

Investors see quick stock market drop if US joins Israel-Iran conflict

2025-06-20 00:00:00

Financial markets may be in for a "knee-jerk" selloff if the US military attacks Iran, with economists warning that a dramatic rise in oil prices could damage a global economy already strained by President Donald Trump's tariffs, reports Reuters.Oil prices...

BD, Nepal seek stronger tourism ties through Bay-Himalaya link

2025-06-20 00:00:00

Nepalese Ambassador to Bangladesh Ghanshyam Bhandari has emphasised the vital role tourism and people-to-people connections play in Bangladesh-Nepal relations, reports UNB.He shed light on the growing ties between the two countries and called for greater efforts to ‘truly connect the...

RYZE campaign winners join Rainforest World Music Festival in Malaysia

2025-06-20 00:00:00

Six young Bangladeshis are set to embark on a journey to Malaysia's Rainforest World Music Festival, thanks to RYZE, the country's first AI-powered digital lifestyle brand. They earned their spot at the festival through a nationwide music-themed trivia contest hosted...

Experts urge sevenfold hike in climate adaptation budget

FE REPORT | 2025-06-20 00:00:00

Climate change experts and economists highlight a strong link between climate vulnerability and poverty, stressing that poverty eradication and climate action must go hand in hand for meaningful progress in Bangladesh.They also termed the current climate change adaptation spending-around 6.0...

Capital flight and bad assets stem from policy failures, not poor auditing: ICAB

FE REPORT | 2025-06-20 00:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB) Thursday refuted the allegation that auditors are to blame for the country's capital flight, calling it misleading and unfounded. The professional body affirmed that the outflow of funds from the country and...

Coordination committee for developing market into long-term fund source

FE REPORT | 2025-06-20 00:00:00

The central bank governor and the chief of the securities commission have come to a consensus to form a coordination committee to work on developing the capital market into a source of long-term financing. Chairman of the Bangladesh Securities and...

Renata to offer preference shares to investors, fully convertible into equity

FE REPORT | 2025-06-20 00:00:00

Renata has decided to revise the terms for issuing preference shares worth Tk 3.25 billion to reduce its finance cost burden by paying off short-term bank loans.Previously, the features of the proposed preference shares were non-cumulative, non-participative, redeemable or fully...

Beyond the 9-to-5 desk job

2025-06-20 00:00:00

In the past few years, a noticeable change has swept through Dhaka's young career seekers. The old dream of a stable 9-to-5 desk job is slowly ceding ground to a hunger for freedom, fresh ideas, and real impact, pushing more...

Low awareness leads to human rights denial

Shiabur Rahman | 2025-06-20 00:00:00

It is common for Bangladeshi people to wrongly describe basic necessities of life like food, clothing, shelter, healthcare and education as fundamental rights. This misconception of rights prevails not only among regular folks, but also among highly-placed people. Newspapers sometimes...

Drone technology is revolutionising agriculture

Makhan Lal Dutta | 2025-06-20 00:00:00

In the verdant, river-laced plains of Bangladesh, agriculture remains more than just an economic sector, it is the very pulse of the nation. With over 41 per cent of the population engaged in farming and agriculture contributing around 14 per...

The pernicious practice of whitening black money

2025-06-20 00:00:00

However strange it may sound, the practice of whitening black money has long been accepted -- albeit controversially -- by successive governments, including the current interim administration, as a source of substantial tax revenue. Despite repeated and strong opposition from...

Tureen Afroz shown arrested in murder case

2025-06-19 00:00:00

A court has shown former International Crimes Tribunal prosecutor Tureen Afroz arrested in the murder case of a madrasa student during the Anti-discrimination Student Movement, reports bdnews24.com.Tureen was seen smiling while she was presented at the dock. She had henna...

Govt deliberately obstructing DSCC services: Ishraque

FE REPORT | 2025-06-19 00:00:00

BNP leader Ishraque Hossain has accused the government of deliberately obstructing the operations of Dhaka South City Corporation (DSCC) in various ways."We are trying to serve city residents, but the government itself is hindering these services," he said on Wednesday...

Ex-ministers Anisul, Mosharraf on fresh remand in two cases

2025-06-19 00:00:00

A Dhaka court has placed former ministers Anisul Huq and Engineer Mosharraf Hossain, and Bangladesh People's Party (BPP) Chairman Babul Sardar Chakhari on remand for different periods in a murder and an attempted murder cases, report agencies.Dhaka Metropolitan Magistrate M...

Khaleda taken to hospital for routine check-up

2025-06-19 00:00:00

BNP Chairperson Khaleda Zia was taken to Evercare Hospital in the capital on Wednesday evening for a health check-up, reports UNB.She arrived at the hospital from her Gulshan residence at around 7:47 pm, said BNP media cell member Sayrul Kabir...

Jamaat skips consensus talks for fear of losing relevance after polls

2025-06-19 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir has criticised Bangladesh Jamaat-e-Islami for skipping the National Consensus Commission meeting on Tuesday due to fear of losing relevance after the national election, reports UNB."Many were not happy with the meeting outcome because...

NCC meeting boycott a 'symbolic protest': Jamaat

2025-06-19 00:00:00

Bangladesh Jamaat-e-Islami's decision to skip the first day of talks with the National Consensus Commission (NCC) was a 'symbolic protest'against the interim government, said party Nayeb-e-Ameer Dr Syed Abdullah Mohammad Taher on Wednesday, report agencies.Speaking to reporters after joining the...

The second round of reform dialogue of the National Consensus Commission continued

2025-06-19 00:00:00

The second round of reform dialogue of the National Consensus Commission continued for the second day at the Foreign Service Academy in the capital on Wednesday. Professor Dr Ali Riaz, vice-chairman of the commission, was present on the occasion, among...

Weather (2025-06-19)

2025-06-19 00:00:00

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

158 BD citizens return from Libya

2025-06-19 00:00:00

A total of 158 undocumented Bangladeshis, who had been detained at the Tajoura Detention Centre in Libya, were repatriated to Bangladesh on Tuesday, reports BSS.A chartered Buraq Air flight-UZ 0222 carrying the nationals landed at Hazrat Shahjalal International Airport, according...