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Tech-based initiatives needed to boost remittance inflow

2025-10-01 00:00:00

Officials of different banks and Money Transfer Operators have underscored the need for next-generation technology-based initiatives and implementing a coordinated service approach across the entire remittance ecosystem to boost remittance inflow, as expatriates prioritise low-cost, secure, and instant remittance transfer...

IPDC Finance partners with Anwar Landmark to provide home loan benefits

2025-10-01 00:00:00

IPDC Finance PLC and Anwar Landmark have signed a Memorandum of Understanding (MoU) to provide enhanced home loan facilities for apartment buyers.The partnership is designed to make home ownership more accessible and convenient for clients of Anwar Landmark, with a...

Standard Bank signs deal with BB to promote financial inclusion

2025-10-01 00:00:00

Standard Bank PLC has entered into a participatory agreement with Bangladesh Bank under the Financial Inclusion Credit Guarantee Scheme (FICGS).On behalf of their organisation Muhammad Nazmul Haque, Director of the Credit Guarantee Department (CGD) of Bangladesh Bank, and Md. Khirkil...

DCCI delegation leaves for Australia

FE REPORT | 2025-10-01 00:00:00

A nine-member business delegation of Dhaka Chamber of Commerce & Industry (DCCI) left Dhaka on Tuesday for Australia to take part in the Australia-Bangladesh Business Expo 2025.The two-day event beginning today is being organised by the Australia-Bangladesh Business Forum (ABBF),...

Indian HC hosts 'Startup Connect' with leading Bangladeshi startups

2025-10-01 00:00:00

The High Commission of India recently hosted "Startup Connect"-an event bringing together over 30 leading Bangladeshi startup founders and ecosystem leaders over a networking session and providing them with an opportunity to connect with peers to explore new partnerships."Startup Connect"...

Purchase body approves import of fertiliser, expansion of highway

2025-10-01 00:00:00

The Advisers Council Committee on Government Purchase (ACCGP) on Tuesday approved several major proposals including the import of fertiliser under government-to-government (G2G) agreements and the expansion of a key highway, reports UNB.Chaired by Finance Adviser Dr Salehuddin Ahmed, the committee...

Wall Street left in the dark on US data if shutdown happens

2025-10-01 00:00:00

NEW YORK, Sept 30 (Reuters): Wall Street is preparing for disruption to economic data if a looming US government shutdown goes ahead, which could cause investors to rely more on alternative data or take on more defensive positions as they...

China factory activity shrinks in September for sixth straight month

2025-10-01 00:00:00

BEIJING, Sept 30 (AFP): China's factory activity shrank for a sixth straight month in September, official data showed Tuesday, as a domestic consumer slump and lingering trade uncertainty weigh on the economy.The manufacturing purchasing managers' index (PMI) came in at...

YouTube to pay $22 million in settlement with Trump

2025-10-01 00:00:00

NEW YORK, Sept 30, 2025 (BSS/AFP) - YouTube has agreed to pay $22 million to settle a lawsuit filed by President Donald Trump after the company suspended his account over the January 6, 2021 attack on the Capitol, according to...

China bans all BHP iron ore cargoes as pricing dispute deepens

2025-10-01 00:00:00

China's state iron ore buyer has told major steelmakers and traders to temporarily pause purchases of any dollar-denominated seaborne iron ore cargoes from BHP, Bloomberg News reported on Tuesday, citing people familiar with the matter, reports Reuters.China is the world's...

Superstar Renewable Energy steals spotlight

2025-10-01 00:00:00

Superstar Renewable Energy Limited (SSREL), known as Super Star Solar, has proven its leadership in Bangladesh's renewable energy sector, making history with multiple prestigious wins at the nation's most anticipated sustainability event - Bangladesh Clean Energy Week 2025. This premier...

18th governing board meeting of SAARC Energy Centre held in Islamabad

2025-10-01 00:00:00

The Eighteenth Governing Board meeting of the SAARC Energy Centre (SEC) was held from September 25 to 26 in Islamabad, Pakistan.The meeting, held in the hybrid mode, was attended by the governing board members, representatives of the Ministry of Foreign...

Security clearance for work permits goes fully digital

2025-10-01 00:00:00

The process of obtaining security clearance against new work permits issued by the Bangladesh Investment Development Authority (BIDA) will be fully online from today (1 October) 2025. From this date, foreign investors and expatriate employees will be required to submit...

UCB INAUGURATES TEKNAF SUB-BRANCH

2025-10-01 00:00:00

United Commercial Bank (UCB) inaugurated its 186th sub-branch on September 30 in Teknaf Municipality. The sub-branch has been opned with the vision of delivering modern banking services and ensuring financial inclusion. Abdullah, distinguished businessman and politician of Teknaf, inaugurated the...

PBIL & ShareTrip Unite to help clients invest for travel

2025-10-01 00:00:00

Prime Bank Investment and ShareTrip Limited have entered into a strategic partnership to bridge the worlds of investment and travel, making investing easier, smarter, and more aligned with the lifestyle goals of modern consumers. This collaboration introduces "Ticket to invest,"...

EBL TO FACILITATE DIGITAL HOLDING TAX COLLECTION

2025-10-01 00:00:00

Eastern Bank (EBL) will serve as the sole banking partner to implement and operate the digitised holding tax collection system of the Chattogram City Corporation. City Corporation Mayor Dr. Shahadat Hossain and EBL Additional Managing Director Ahmed Shaheen signed a...

Bangladeshi designer showcases dresses at Washington DC

2025-10-01 00:00:00

Bangladeshi fashion designer Fatima Farzana showcased 12 luxury statement dresses at Washington DC Fashion Week recently, according to a press release received on Tuesday.Her collection, titled "Canvas to Couture," blended traditional Bangladeshi craftsmanship with modern design. Using rare fabrics like...

Atmabiswas to get insurance services from MetLife

2025-10-01 00:00:00

Atmabiswas, a renowned name in supporting underprivileged and marginalized communities in Bangladesh, recently signed an MOU with MetLife to provide insurance facilities to their employees in Bangladesh, says a press release.As part of this contract, 332 employees of Atmabiswas will...

ICAB, ERF ink MoU for professional development

2025-10-01 00:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB) and the Economic Reporters' Forum (ERF) signed a memorandum of understanding (MoU) on Monday to strengthen cooperation in professional development through joint expertise and resources.ICAB Chief Operating Officer Shubhashish Bose and ERF...

Cordaid places roadmap for saline-resilient coastal farming

FE REPORT | 2025-10-01 00:00:00

Cordaid has called for scaling up saline-resilient agriculture in Bangladesh's southern coastal belt, where rising salinity threatens food security and livelihoods. At a learning-sharing seminar titled "Breaking the Salt Barrier: Rewriting the Story of Saline Lands in Southern Bangladesh" held...

BRAC Bank equips women with digital business skills

2025-10-01 00:00:00

BRAC Bank, in collaboration with Bangladesh Open Source Network (BdOSN), organised a three-day training programme in Narsingdi for 30 women entrepreneurs, according to a press statement.The programme offered intensive mentorship, training and networking to help participants scale up their ventures,...

Dominage Steel rejects TV report of factory shutdown, admits business slowdown

FE REPORT | 2025-10-01 00:00:00

Dominage Steel Building Systems has rejected a media report claiming its factory had remained shut, though it acknowledged a slowdown in business.In response to an investigative report aired by a national TV channel, the company expressed confidence that it would...

DSEX advances for second session as investors pile into banks

FE REPORT | 2025-10-01 00:00:00

The prime bourse gained for the second consecutive day on Tuesday, backed mainly by banks, many of which reported hefty losses for the latest quarters.The Dhaka Stock Exchange (DSE) opened the day's session on a positive note and maintained the...

Maduro ready to declare state of emergency over US 'aggression'

2025-10-01 00:00:00

CARACAS, Sept 30 (AFP): Venezuelan President Nicolas Maduro said Monday he is ready to declare a state of emergency over the threat of US "aggression," following a spate of deadly US strikes on suspected Venezuelan drug boats."Today the consultation process...

Dozens missing, 3 dead in Indonesia school collapse

2025-10-01 00:00:00

JAKARTA, Sept 30 (AFP): Searchers raced Tuesday to rescue at least 38 people still believed trapped after the collapse of an Islamic school building in Indonesia that has already left three dead, authorities said.The building gave way Monday on Indonesia's...

Authorities shut down high speed internet connections to prevent ‘vice’

2025-10-01 00:00:00

KABUL, Sept 30 (AFP): Afghanistan faced a second day without internet and mobile phone service on Tuesday, after Taliban authorities cut the fibre optic network.Taliban authorities began shutting down high speed internet connections to some provinces earlier in the month...

Russian drone strike kills family of 4 in Ukraine

2025-10-01 00:00:00

KYIV, Sept 30 (AFP): Ukraine said on Tuesday that a Russian overnight drone strike had killed a family of four in the northeastern Sumy region.Oleg Grygorov, the head of the regional military administration, said Russian forces had hit a residential...

World reacts to Trump's plan for Gaza peace

2025-10-01 00:00:00

NEW YORK, Sept 30 (Reuters): US President Donald Trump's 20-point plan to end nearly two years of war in Gaza has received the backing of Israeli Prime Minister Benjamin Netanyahu, while the plan has been shared with Palestinian militant group...

Preventing trade-based money laundering

2025-10-01 00:00:00

A 2024 white paper prepared during the current interim government estimated annual trade-related outflows from Bangladesh at $16 billion, equivalent to 3.4 percent of GDP-more than the nation's total yearly health budget. TBML primarily occurs through mis-invoicing of international trade...

Promoting scientific learning

2025-10-01 00:00:00

The "Theory of Organic Evolution," proposed by Charles Darwin, marked a turning point in scientific history. Darwin explained how new forms of life emerge through natural mechanisms such as mutations, and how only the fittest survive under the pressure of...