OUR CORRESPONDENT | 2025-06-16 00:00:00
CHITTAGONG, June 15: A meeting of the relevant stakeholders on a proposal to increase the charges of Chittagong port ended here without any decision recently.The meeting with participation of representatives from about 28 government and private organisations, including Chittagong Port,...
BRUSSELS, Belgium, June 15 (AFP): The European Union on Saturday voiced "deepest concern" at the escalation of conflict between Iran and Israel, calling for restraint to avoid dangers such as a leak of radioactive material.Their statement came as Israel targeted...
DUBAI, June 15 (AP): Israel unleashed airstrikes across Iran for a third day on Sunday and threatened even greater force as some Iranian missiles evaded Israeli air defenses to strike buildings in the heart of the country. Planned talks on...
FE REPORT | 2025-06-16 00:00:00
The country's maiden single-point mooring (SPM) project faces further delays in starting formal operations as the authorities continue to defer the process of selecting a contractor for operations and maintenance (O&M), sources said.The Tk 80 billion energy infrastructure has remained...
FE REPORT | 2025-06-16 00:00:00
Bangladesh's economy recorded a stronger performance in May as the country's purchasing managers' index (PMI) climbed to 58.9-up six points from April by official count.The PMI rise indicates a faster pace of economic expansion across key sectors, in a rebound...
FE REPORT | 2025-06-16 00:00:00
The government is planning to open helplines for Bangladeshis living in Iran and Iraq in its missions in case the ongoing conflict between Iran and Iraq escalates further, concerned officials of the foreign ministry told the FE on Sunday.The decision...
FE REPORT | 2025-06-16 00:00:00
Five private Islamic banks are on the verge of being consolidated into a single entity as part of sweeping reforms aimed at stabilising Bangladesh's banking sector.Governor of the Bangladesh Bank (BB) Dr Ahsan H Mansur made the announcement at a...
JUBAIR HASAN | 2025-06-16 00:00:00
Classified loans in Bangladesh's banking industry made a quantum leap by around Tk 750 billion in just three months to a record high as of March, stoking concerns across the sector.With such leaps in the volume of non-performing loans (NPLs),...
RIYADH, June 15 (Arab News): Saudi dairy giant Almarai has signed an agreement to fully acquire Pure Beverages Industry Co. for SR1.04 billion ($277 million), aiming to diversify its offerings and enhance its market position. Pure Beverages Industry Co. is...
JEDDAH, June 15 (Arab News): The UAE's gross domestic product reached 1.77 billion dirhams ($481.4 billion) in 2024, recording 4 per cent growth, with non-oil sectors contributing 75.5 per cent of the total, highlighting diversification progress.The Central Bank of the...
SYDNEY, June 15 (Reuters): Amazon will invest A$20 billion ($12.97 billion) from 2025 to 2029 to expand, operate and maintain its data defence infrastructure in Australia, bolstering the nation's artificial intelligence capabilities, it said in a blog post on Saturday.The...
DUBAI/BANGALORE, June 15 (Arab News): Stock markets across the Gulf fell on Sunday morning after Israel and Iran launched fresh attacks on each other overnight, sparking fears of a widening conflict in the Middle East.Israel said it had targeted Iran's...
NEW YORK, June 15 (Reuters): Dual risks kept investors on edge ahead of markets reopening late on Sunday, from heightened prospects of a broad Middle East war to US-wide protests against US President Donald Trump that threatened more domestic chaos.Israel...
BEIJING/SINGAPORE, June 15 (Reuters): The renewed US-China trade truce struck in London left a key area of export restrictions tied to national security untouched, an unresolved conflict that threatens a more comprehensive deal, two people briefed on detailed outcomes of...
BRAC Bank has organised a customer engagement event in Daudkandi, Cumilla, aimed at raising awareness among remittance beneficiary families about the benefits of using formal banking channels, with a focus on the bank's specialised remittance products, such as 'Probashi Poribar'...
BAGERHAT, June 15 (UNB): In a quiet corner of Bagerhat's Basabati area, the hum of sewing machines, the rustle of coconut husks and the steady hands of women workers are quietly shaping a story of empowerment, innovation and global reach.Here,...
Syed Mahbubur Rahman, managing director and CEO of Mutual Trust Bank (MTB) has recently launched the MTB NRB Account, a revolutionary financial solution tailored specifically to meet the unique needs of non-resident Bangladeshis (NRBs) at MTB head office. This innovative...
FE REPORT | 2025-06-16 00:00:00
Four more readymade garment (RMG) factories in Bangladesh have secured Leadership in Energy and Environmental Design (LEED) certification from the US Green Building Council (USGBC).Obtaining of such LEED certification gives a clear indication of the sector's growing commitment to green...
FE REPORT | 2025-06-16 00:00:00
Stocks extended the winning streak for the second straight session on Sunday, the first trading day after Eid holidays, driven by investors' buying interest in selective blue chip shares.Market analysts said the market reacted positively to the recent developments on...
MOHAMMAD MUFAZZAL | 2025-06-16 00:00:00
The country's pharmaceutical industry has great potential to grow further, with the rising income and aged population and expansion of export markets, but it has not yet built capacity to explore fund-raising options, including IPO. Of as many as 200...
An Eid reunion was held at the head office of Islami Bank Bangladesh PLC on Sunday, organised by Islami Bank Officers' Kallyan Somity. The event was arranged to foster goodwill and share joy among colleagues returning to work after Eid....
FE REPORT | 2025-06-16 00:00:00
In a joint Business Call to Action, more than 80 businesses and supporting organisations from 25 countries, including 55 businesses representing over €600 billion in turnover and 2 million employees, urged both private and public decisions-makers to strengthen global cooperation...
SINGAPORE, June 15 (Reuters): Asian spot liquefied natural gas (LNG) prices saw gains last week as rising temperatures in the northeast part of the region led to some pick-up in demand, and as escalating geopolitical tensions in the Middle East...
FE REPORT | 2025-06-16 00:00:00
BGMEA, the apex body in the apparel sector, and Swisscontact have joined forces to drive sustainable and inclusive transformation in the country's readymade (RMG) sector.They signed a Memorandum of Understanding (MoU) to this end at the trade body's headquarters in...
MONIRA MUNNI | 2025-06-16 00:00:00
Researchers in a survey have called on fashion brands to publish detailed climate plans, support suppliers with decarbonisation, publicly disclose emissions data, and advocate for stronger climate policies.The call came after a new fashion scorecard found that over 40 per...
Light to moderate rain/thunder shower is likely to occur at many places over Rangpur, Mymensingh, Dhaka, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Tuesday). Day temperature may fall by (1-2)°C, and night...
Road Transport and Bridges Adviser Muhammad Fouzul Kabir Khan on Sunday warned that vehicles which have become unfit and exceeded their economic lifespan will not be allowed to ply to avoid road accidents, reports UNB.He issued the warning while talking...
FE REPORT | 2025-06-16 00:00:00
Investigation into the case filed with the International Crimes Tribunal-1 (ICT) in Dhaka in connection with the murder of Abu Sayed, a student of Begum Rokeya University, and crimes against humanity committed during the 2024 uprising is at the final...
FE REPORT | 2025-06-16 00:00:00
All the government offices, including the Bangladesh Secretariat, banks, financial institutions and insurance companies, reopened on Sunday after a 10-day Eid-ul-Azha holiday. Officials and employees were seen exchanging greetings with each other upon their arrival at the Secretariat on the...
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