RIYADH, May 26 (Arab News): Saudi Arabia's non-oil exports rose 13.4 percent to SR80.72 billion ($21.52 billion) in the first quarter of 2025 compared to a year earlier, underscoring the Kingdom's ongoing efforts to diversify its economy. According to preliminary...
Notundhora Assets Limited is the first housing company in the country to receive a recommendation for the approval of a private housing project from the National Housing Authority. Notundhora Assets has recently received this exceptional recognition through an official approval...
An agreement has been signed between Chartered Life Insurance PLC and Commercial Bank of Ceylon. CEO (Acting) of Chartered Life Mohammed Amdad Ullah and CEO of Commercial Bank of Ceylon Najith Meewanage signed the agreement on behalf of their respective...
A concluding ceremony of a 30-day foundation course for the 90th and 91st officers (cash) Batch organised by the Agrani Bank Training Institute (ABTI) was held in the city on Sunday. Agrani Bank PLC Deputy Managing Director Md Abul Bashar...
A six-day Credit Management Training Course (Batch 01/15) organised by the Janata Bank Staff College of Janata Bank PLC began on Saturday. Managing Director of the bank Md Mazibur Rahman inaugurated the course as the chief guest. DGM of Staff...
Sonali Bank PLC and five other government agencies signed a memorandum of understanding (MoU) with Bangladesh Investment Development Authority (BIDA) to integrate five services aimed at expediting the process of starting a business in Bangladesh. Deputy Managing Director of Sonali...
A daylong 'Bangladesh-China Conference on Investment and Trade' will be held on June 1 at "Biniyog Bhaban" (Investment Building) in the city, reports BSS.Bangladesh Economic Zones Authority (BEZA) and Bangladesh Investment Development Authority (BIDA) are going to jointly organise the...
A two-week-long 'Sony-Smart Electronics Fair 2025' kicked off on the ground floor of Saptak Square at Dhanmondi in Dhaka on Sunday. The fair will run through June 6, says a statement.Visitors to the fair can purchase a wide range of...
AB Bank recently launched three new Shariah-compliant deposit products. AB Maahir offers higher quarterly profits than general Mudarabah savings accounts with a minimum balance of Tk 5,000. AB Islamic DPS is a monthly installment-based deposit plan with tenure up to...
JEDDAH, May 26 (Arab News): Saudi Arabia has completed a sukuk restructuring and new issuance of over SR120 billion ($32 billion), advancing its strategy to enhance fiscal sustainability, optimize debt management, and deepen the local debt market. According to the...
FE REPORT | 2025-05-27 00:00:00
The stock market regulator has given permission to the Dhaka Electric Supply Company (DESCO) to issue another 2.38 million preference shares to the government against share money deposits.The state-owned power distributor will issue shares worth Tk 23.81 million at a...
MOHAMMAD MUFAZZAL | 2025-05-27 00:00:00
The country's mutual fund (MFs) industry is in a tight spot as unitholders, frustrated over no return and persistent erosion in the equity market, have increasingly been withdrawing their investments. The disinterest shown in open-ended funds has raised concerns among...
T.I.M. Nurul Kabir | 2025-05-27 00:00:00
The upcoming budget for FY2025-26 is very significant for Bangladesh from several perspectives. This is the first budget after the fall of the ousted government, and the interim government aims to use the budget as a platform for structural reform...
Modern-day Dhaka presents significant obstacles to starting a family, particularly due to the financial challenges faced by young couples. With rising living costs consuming much of their disposable income, delaying parenthood has become the new norm. Couples are increasingly aligning...
The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) are critical pillars of Bangladesh's financial system. Yet, both markets have increasingly become unstable, causing significant financial losses for ordinary investors. This erosion of investor confidence stems from a range...
Syed Fattahul Alim | 2025-05-27 00:00:00
During its emergence as an independent nation more than half a century back, agriculture was the mainstay of the economy with 85 per cent of the population dependent on it. And agriculture's share of the GDP was 80 per cent....
Mir Mostafizur Rahaman | 2025-05-27 00:00:00
There was a time when the Modhupur forest, also known as the Modhupur Sal forest, was a vibrant ecosystem teeming with wildlife. For those who grew up near its edges, the memories of deer grazing freely, birdsong echoing through thick...
When a set revenue target looks unachievable, the reasons may be either it is too lofty to achieve or inefficiency on the part of taxmen or some unavoidable setback encountered at some point of the fiscal period. In case of...
Monzur Hossain, Tanvir Bashar, Md. Fahim Afsan Chowdhury, Nepoleon Dewan, Nasrin Sultana and Arafat Rahman | 2025-05-27 00:00:00
Food inflation, as well as overall inflation, has continued to fall since November 2024. Food inflation came down to 8.63 per cent in April 2025 from 8.93 per cent in March 2025. Similarly, general inflation came down to 9.17 per...
MIR MOSTAFIZUR RAHAMAN | 2025-05-26 12:00:00
Bangladesh will seek one-billion-dollar budget support from Japan during the Chief Adviser's upcoming visit, which will also yield some bilateral cooperation accords, officials said.Chief Adviser Prof Muhammad Yunus is scheduled to visit Tokyo on May 28-31, with these matters high...
The price of rice, the staple food of Bangladesh, has long been an overriding concern for the general public, as it significantly affects living expenses of a majority of the people due to their limited incomes. Unlike other consumer goods,...
Electrical products on sale at a shop in the city on Sunday.- FE Photo
SAIF UDDIN | 2025-05-26 00:00:00
A home-grown electronics manufacturing company --Electro Mart--has planned to expand its product range to meet the growing need of consumers, a top executive of the company has said.The company is looking to manufacture new products like rice cooker, grinder, gas...
Domestic refrigerator brands have made a significant progress in the local market. Once the market was fully dependent on imports. But now about 55-60 per cent of our total sales take place in rural areas.This was disclosed by Sohel Kibria,...
FE Report | 2025-05-26 00:00:00
Jamuna Electronics and Automobiles Ltd., a sister concern of the country's leading conglomerate Jamuna Group, is rapidly cementing its position as a dominant force in Bangladesh's consumer electronics industry.It has positioned itself as one of the top players in Bangladesh's...
FE REPORT | 2025-05-26 00:00:00
The hum of machinery in factories across Gazipur, Narayanganj and other industrial hubs tells the story of Bangladesh's quiet revolution in mobile handset manufacturing. Once almost entirely reliant on imports, the country has, within a remarkably short span of time,...
FE REPORT | 2025-05-26 00:00:00
Walton Hi-Tech Industries PLC has introduced a different model of innovative refrigerator, equipped with Artificial Intelligence (AI), Internet of Things (IoT), and energy-efficient technologies - marking a milestone in Bangladesh's home appliance industry.The newly-introduced multimedia-enabled smart fridges have advanced features...
SAJIBUR RAHMAN | 2025-05-26 00:00:00
Once fully dependent on imports for electronic and related-products like refrigerators, TVs, and air conditioners, Bangladesh has made a breakthrough in this sector over the last decade. With consistent policy support, the country has seen a large-scale investment, leading to...
BAGHDAD, May 25 (AFP): Iraq's water reserves are at their lowest in 80 years after a dry rainy season, a government official said Sunday, as its share from the Tigris and Euphrates rivers shrinks.Water is a major issue in the...
KYIV, May 25 (BBC): Russia has intensified strikes on Ukraine, with the highest number of drones and missiles launched in a single night yet. At least 12 people, including three children, were killed and dozens injured, Ukrainian officials said.The attack...
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