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People's expectations belied

2025-09-27 00:00:00

The common people's expectations from the July 2024 uprising and the political change that followed were naturally high. As such, they would like to believe that with the end of autocracy, there would be meaningful changes in their lives. When...

Saudi Arabia’s non-oil exports rise 30.4pc to $9b

2025-09-26 00:00:00

RIYADH, Sept 25 (Arab News): Saudi Arabia's non-oil exports, including re-exports, reached SR33.71 billion ($8.99 billion) in July, marking a 30.4 per cent increase compared to the same month last year, official data showed. According to preliminary figures released by...

Eli Lilly to bring experimental weight-loss pill in India

2025-09-26 00:00:00

MUMBAI, Sept 25 (Reuters): Eli Lilly plans to launch its experimental oral weight-loss drug orforglipron in India, a senior executive said on Thursday, offering an alternative to injectables that many patients in the world's most populous nation resist.Orforglipron is part...

Mexican tycoon pays $2.3b for stake in Citi subsidiary

2025-09-26 00:00:00

MEXICO CITY, Sept 25 (AFP): Mexican tycoon Fernando Chico Pardo has agreed to pay $2.3 billion to acquire a 25-per cent stake in US banking giant Citi's Mexican subsidiary, the group said Wednesday."Fernando Chico Pardo will acquire 25 per cent...

H&M profits jump but warns US tariffs to bite

2025-09-26 00:00:00

STOCKHOLM, Sept 25 (AFP): Swedish fashion giant H&M on Thursday reported a sharp rise in net profit in the third quarter but warned US tariffs were expected to bite later this year.H&M said its net profit rose to 3.2 billion...

SHAHJALAL ISLAMI BANK HOLDS 399TH BOARD MEETING

2025-09-26 00:00:00

The 399th meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by Chairman of the bank A. K. Azad. The Board...

'Shwapno' expands with bigger outlet in Banasree

2025-09-26 00:00:00

Shwapno, one of the country's leading retail chain shops, has opened a larger outlet in Block D of Banasree in Dhaka on Thursday. This is Shwapno's 733rd outlet.Shwapno's Business Director Sohel Tanvir Khan, Regional Head of Operations Ashraful Islam, and...

Deshi Delights expands gateway for BD products to global mkts

2025-09-26 00:00:00

Deshi Delights, a marketplace dedicated to showcasing Bangladeshi products to international consumers, is set to broaden the supply chain gateway to the UK, Europe, and the USA, says a press release. The initiative will enhance the global presence of Bangladeshi...

Pathao wins Superbrand Award

2025-09-26 00:00:00

Pathao, Bangladesh's largest digital services platform, has been honoured with the Superbrands Award 2025 in the Super App category, a first-of-its-kind achievement that highlights how homegrown innovation from Bangladesh can earn recognition on the global stage.Created in Bangladesh, built for...

World Maritime Day observed in Ctg

OUR CORRESPONDENT | 2025-09-26 00:00:00

CHATTOGRAM, Sept 25: World Maritime Day was observed in the port city Chattogram on Thursday. A colourful rally was brought out in Chattogram on Thursday to celebrate World Maritime Day 2025, highlighting the contribution of mariners to the national economy...

Fertiliser prices to remain unchanged

2025-09-26 00:00:00

Agriculture Adviser Lt Gen (Rtd) Md Jahangir Alam Chowdhury said on Thursday fertiliser prices would not be increased as long as he remains in office, reports UNB."Already a new policy on fertiliser has already been formulated and it will soon...

Global debt hits record of nearly $338 trillion

2025-09-26 00:00:00

LONDON, Sept 25 (Reuters): Global debt hit a record high of $337.7 trillion at the end of the second quarter, driven by easing global financial conditions, a softer US dollar and a more accommodative stance from major central banks, a...

US economy grows at fastest pace in nearly two years in second quarter

2025-09-26 00:00:00

WASHINGTON, Sept 25 (Reuters): The US economy grew faster than previously estimated in the second quarter amid strong consumer spending and business investment, though momentum appears to have ebbed against the backdrop of lingering uncertainty from trade policy.The quickest growth...

MEGHNA BANK HOLDS 200TH BOARD MEETING

2025-09-26 00:00:00

Meghna Bank PLC held and celebrated its 200th Board Meeting on Tuesday, marking a significant milestone in the bank's journey. The meeting was presided over by Uzma Chowdhury, Chairperson of the Board. Independent Directors Mohammad Mamunul Hoque, Md. Rajab Ali,...

NRBC BANK SIGNS MOU WITH MAY INTERNATIONAL

2025-09-26 00:00:00

NRBC Bank has signed a Memorandum of Understanding (MoU) with May International Trade Services Limited to modernise its foreign trade-related banking services, making them more efficient, faster, and secure. Under the agreement, NRBC Bank will adopt advanced technology to gain...

Bangladesh seeking to join RCEP trade bloc

2025-09-26 00:00:00

Bangladesh, Hong Kong, Sri Lanka and Chile are seeking to join the China-backed Regional Comprehensive Economic Partnership, the world's largest trade bloc, Southeast Asian officials said on Thursday, reports Reuters.The RCEP currently consists of China, Japan, South Korea, Australia, New...

Guardian Life celebrates 12-year journey of growth and innovation

2025-09-26 00:00:00

Guardian Life Insurance Limited, one of the country's leading insurance service providers, celebrated its 12th anniversary on Thursday. The journey has been marked by remarkable growth, leadership in the bancassurance, digital, and microinsurance sectors, and industry-leading innovations that have reshaped...

Experts call for tech integration, responsible resource management to unlock blue economy potential

FE REPORT | 2025-09-26 00:00:00

Experts at a seminar on Thursday stressed the critical role of maritime law in promoting sustainable ocean governance and underscored the shared responsibility of all stakeholders in safeguarding marine resources for future generations.The Bangladesh Maritime Law Society (BMLS), a member...

Trust Bank launches new switching system to boost digital services

2025-09-26 00:00:00

Trust Bank PLC has launched its in-house switching system, migrating ATMs, POS terminals, and VISA debit cards to enhance service and security.The new system introduces enhanced self-service features, including PIN changes, card maintenance, virtual cards, and QR payments via the...

BD apparel sector advancing towards sustainability, says Swiss envoy

FE REPORT | 2025-09-26 00:00:00

Bangladesh's readymade garment (RMG) sector is steadily advancing on the path of sustainable development, said Swiss Ambassador to Bangladesh Reto Renggli on Thursday.Also praising the industry for its significant improvements in workplace environment, workers' health and safety, and compliance standards,...

BP postpones oil demand peak prediction to 2030 from 2025

2025-09-26 00:00:00

LONDON, Sept 25 (Reuters): BP said on Thursday it expects global oil demand to grow until 2030, five years later than its forecast a year ago, stressing slowed efforts to increase energy efficiency.The oil major's latest Energy Outlook, an annual...

China signals that purchases of US soybeans hinge on tariff removal

2025-09-26 00:00:00

BEIJING, Sept 25 (Reuters): The United States should remove what China described as unreasonable tariffs and create conditions to expand bilateral trade, a Chinese commerce ministry spokesperson said on Thursday when asked if China would purchase US soybeans.China, the world's...

Airport runway close calls spur hopes for wider adoption of cockpit alert technology

2025-09-26 00:00:00

KANSAS CITY, Missouri, Sept 25 (Reuters): As a Boeing 757 aircraft prepared to land, an audio alert started blaring in the cockpit: "Traffic on runway! Traffic on runway!" Seconds later, the same warning popped up on the navigation display.It prompted...

Oil pulls back from seven-week high

2025-09-26 00:00:00

LONDON, Sept 25 (Reuters): Oil prices edged down on Thursday, retreating from the previous session's seven-week high, as some investors took profits after US stocks closed lower and in anticipation of slower winter demand as well as the return of...

St. Martin reopens to tourists on Nov 1: Tourism Secretary

2025-09-26 00:00:00

The government will reopen St. Martin's Island to tourists for four months starting from 1 November on a limited scale, Tourism Secretary Nasreen Jahan said on Thursday, reports UNB.The reopening is being planned in coordination with the Ministry of Environment,...

Gold rises on safe-haven demand, investors await US data

2025-09-26 00:00:00

Gold rose on Thursday as geopolitical and economic tensions heightened safe-haven demand, while investors awaited US economic data for clues on the Federal Reserve's monetary policy trajectory, reports Reuters.Spot gold was up 0.4 per cent at $3,751.22 per ounce, as...

HSBC quantum computing test boosts trading performance

2025-09-26 00:00:00

LONDON, Sept 25 (AFP): Banking giant HSBC announced Thursday it has achieved promising early results using quantum computing to improve trading performance.Quantum technology holds the potential to vastly increase computing power to solve real-world problems, but current quantum computers remain...

'ChatGPT, what stocks should I buy?' AI fuels boom in robo-advisory market

2025-09-26 00:00:00

LONDON, Sept 25 (Reuters): As ChatGPT nears its third birthday, at least one in 10 retail investors is using a chatbot to pick stocks, fuelling a boom in the robo-advisory market, but even fans say it is a high-risk strategy...

Asian markets slide as traders prepare for key US data

2025-09-26 00:00:00

HONG KONG, Sept 25 (AFP): Stocks skidded Thursday as traders continue to pull back from the buying that has propelled markets to record highs in recent months, with upcoming US inflation and jobs data seen as likely to be the...

MEENA BAZAR OPENS NEW OUTLET AT MIRPUR 60 FEET ROAD

2025-09-26 00:00:00

Meena Bazar, one of Bangladesh's leading supershop brands, has expanded its footprint with the grand opening of a new outlet at 60 Feet Road (Opposite Monipur Boys' School), Monipur, Mirpur-2. Shameem Ahmed Jaigirder, COO of Meena Bazar, along with franchise...