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BSEC cracks down on Fortune Shoes over unpaid dividends, fees

FE REPORT | 2026-05-14 00:00:00

The market regulator has imposed fines on the chairman, directors, and senior officials of Fortune Shoes for failing to pay declared dividends and listing fees.The decision was taken at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) on...

Banks ride Treasury gains to stronger Q1 profits

FE REPORT | 2026-05-14 00:00:00

Most listed banks posted higher profits year-on-year in the first quarter this year, buoyed by higher gains from investments in government securities.While interest income grew during the period, interest payments to depositors and lenders also jumped due to higher deposit...

Commerce Minister Khandakar Abdul Muktadir speaks at a press briefing after a meeting on management

2026-05-14 00:00:00

Commerce Minister Khandakar Abdul Muktadir speaks at a press briefing after a meeting on management and utilisation of rawhide of sacrificial animals at the ministry's conference room in the city on Wednesday.

Walton rolls out smart washing machines

2026-05-14 00:00:00

Walton, a leading electrical and electronics brand, has unveiled four new models of premium-category washing machine featuring innovative technologies and AI-powered smart wash solutions. The models include AI-enabled top-loading washing machines -- 8kg capacity WWM-ATT80 and 9kg capacity WWM-ATT90. Both...

COMMERCIAL BANK OF CEYLON Opens DEPZ SUB-BRANCH -

2026-05-14 00:00:00

COMMERCIAL BANK OF CEYLON Opens DEPZ SUB-BRANCH Commercial Bank of Ceylon PLC Bangladesh Operations opened its new DEPZ Sub-Branch and Offshore Banking Unit (OBU) on Tuesday, marking another significant step in the bank's continued expansion and commitment to facilitating global...

Turkish business leaders eye joint investment in BD

FE REPORT | 2026-05-14 00:00:00

Turkish business leaders have expressed strong interest in making both joint and independent investments in Bangladesh's electronics and electrical equipment sector, citing growing domestic demand and mutual benefits for both countries."There is significant demand in Bangladesh for electronic equipment, home...

Construction sector struggles as BD economy shows mixed momentum

2026-05-14 00:00:00

While Bangladesh's agriculture and manufacturing sectors showed signs of expansion in April, other key segments of the economy, particularly construction, continued to contract, leaving businesses in sectors like steel struggling to stay afloat, experts and economist said at a discussion...

Bashundhara Toiletries products now available

2026-05-14 00:00:00

Bashundhara Toiletries products now available at ApOn Family Mart Super ShopBashundhara Toiletries products are now available at Apon Family Mart outlets, a popular retail chain in the Bashundhara Residential Area. To mark the occasion, an inaugural ceremony was held at...

Oil prices little changed over Trump’s China visit

2026-05-14 00:00:00

LONDON, May 13 (Reuters): Oil prices were little changed on Wednesday as investors monitored a fragile Middle East ceasefire and awaited a high-stakes summit in Beijing between US President Donald Trump and China's Xi Jinping. Brent crude futures were down...

BSTI CONDUCTS MOBILE COURT DRIVE IN RAJSHAHI -

2026-05-14 00:00:00

BSTI CONDUCTS MOBILE COURT DRIVE IN RAJSHAHI The Divisional Office of the Bangladesh Standards and Testing Institution (BSTI) conducted a mobile court in Rajshahi city on Wednesday. During the drive, the court fined Suman & Brothers, located in New Market,...

Govt allows 211 firms to export 36,400 tonnes of aromatic rice

2026-05-14 00:00:00

FE REPORTThe government has allowed 211 companies to export 36,400 tonnes of aromatic rice in a move aimed at expanding Bangladesh's footprint in the premium global rice market, sources said.According to an official notification issued yesterday, the approved firms have...

Neymar’s World Cup call based on fitness, form, not sentiment: Brazil coach Ancelotti

2026-05-14 00:00:00

RIO DE JANEIRO, May 13 (Reuters): Carlo Ancelotti will walk into Monday's (May 18) Brazil squad announcement with a nation peering over his shoulder and one burning question hanging in the Rio de Janeiro air: Neymar or no Neymar?The 34-year-old...

BCB forms Election Commission

2026-05-14 00:00:00

An Election Commission has been formed for the election of the Bangladesh Cricket Board (BCB) directors, according to bdnews24.com.The three-member commission will be headed by senior Supreme Court lawyer Ahsanul Karim, according to a media statement issued on Wednesday.The other...

Bangladesh players rise in ICC rankings after dominant Test win over Pakistan

2026-05-14 00:00:00

Following the 104-run win in the first of the two-match Test series against Pakistan, several Bangladeshi players climbed in the latest ICC rankings published on Wednesday, reports UNB.Najmul Hossain Shanto, the Bangladesh captain, moved up 16 places after his outstanding...

Woman gets life term for killing twin daughters in Khulna

2026-05-14 00:00:00

KHULNA, May 13 (BSS): A court in Khulna on Wednesday sentenced a woman to life imprisonment for killing her twin daughters in a widely discussed murder case in Terokhada upazila of Khulna.Judge Md. Manjurul Imam of the Divisional Speedy Trial...

Farmers in trouble with low paddy price, labour shortage in Lalmonirhat

2026-05-14 00:00:00

OUR CORRESPONDENTLALMONIRHAT, May 13: Farmers of Lalmonirhat have been getting low price for their Boro paddy as shortage of labourers and high harvesting cost added to their woes.Growers of International Rice Research Institute (IRRI) Boro paddy across the district have...

Combine harvester evokes little interest among farmers

OUR CORRESPONDENT | 2026-05-14 00:00:00

MAGURA, May 13: Farmers in Magura district are showing little interest in using the combine harvester to reap their paddy and other similar types of crop, not finding it a cost-effective solution in different considerations. On the other hand, operators...

Why the future of accounting records demands triple-entry verification

Md. Badrul Millat Ibne Hannan | 2026-05-14 00:00:00

Global economy does not run only on money; it runs on trust. Banks approve loans because they trust financial statements. Investors buy shares because they trust audited reports. Governments formulate policies because they trust accounting disclosures. Yet repeated accounting scandals...

Benefits and downsides of remote work

2026-05-14 00:00:00

The practice of working remotely has fast gained popularity in Bangladesh as a mode of earning a living. This development, which started out due to the coronavirus pandemic, has since been institutionalised among the country's youth population by working for...

Hope amid export slowdown

2026-05-14 00:00:00

Amid a declining export trend from July to March 2026, exports increased in April compared to the previous year. Although the overall exports of Bangladesh stood at $39.40 billion, compared to nearly $40.20 billion during July 2024 to April 2025,...

Turning textile waste into opportunity

Atiqul Kabir Tuhin | 2026-05-14 00:00:00

Bangladesh's readymade garment (RMG) sector stands at a crossroads. For decades, the industry has been the backbone of the country's export economy, transforming Bangladesh into the world's second-largest apparel exporter and creating employment opportunities for millions. However, the global apparel...

Created in Bangladesh

2026-05-14 00:00:00

When deliberations on economy centre around gross domestic product (GDP), inflation, export, import, inflation, per capita income, skill development etc., human creativity rarely figures there. The impression is that career building and entrepreneurship are the only drivers behind economic advancement....

AI and the end of rote learning: towards a new era of cognitive partnership

Serajul I. Bhuiyan | 2026-05-14 00:00:00

In terms of the history and tradition of education, hardly any changes can compare to those taking place at the moment, thanks to the emergence of artificial intelligence (AI). From the invention of printing to the advent of the internet,...

Measles outbreak likely to subside in late May

SM NAJMUS SAKIB | 2026-05-13 12:00:00

Health experts and officials have predicted a decline in the intense measles outbreak after May 20 as the virus claimed the lives of nine more children on Tuesday.They have made the prediction as the primary target of vaccinating 18 million...

Local electrical accessories and lighting industry eyes Tk 400b market on tech, urbanisation boom

YASIR WARDAD | 2026-05-13 12:00:00

Local companies now dominate the electrical accessories and lighting market with their state-of-the-art technologies, diversified product lines and time-befitting innovations designed to meet changing consumer demand.Industry insiders say the sector has transformed significantly over the last three decades, gradually reducing...

Pakistan scrambles to salvage US-Iran diplomacy as truce faces collapse

2026-05-13 00:00:00

Pakistan has rejected allegations that it had sheltered Iranian military aircraft from potential United States strikes as the fragile ceasefire it helped broker between Washington and Tehran appears increasingly at risk, reports Al Jazeera.The Ministry of Foreign Affairs statement on...

Govt to procure refined palm oil, anti-TB drugs

FE REPORT | 2026-05-13 00:00:00

The Cabinet Committee on Government Purchase on Tuesday approved procurement of 20 million litters of refined palm olein oil and anti-tuberculosis (TB) drugs.The approval was given at a meeting held at Bangladesh Secretariat with Finance  Minister Amir Khosru Mahmud Chowdhury...

Govt to generate 5,000MW solar power over next 5 yrs

FE REPORT | 2026-05-13 00:00:00

The government has a plan to generate 5,000 megawatts of electricity from solar panels over the next five years, Iqbal Hasan Mahmood, the minister for power, energy and mineral resources, said on Tuesday."Immediately after taking office, Prime Minister Tarique Rahman...

TCB sees Tk 6.16b trade gap in 3 months

REZAUL KARIM | 2026-05-13 00:00:00

The Trading Corporation of Bangladesh (TCB) is grappling with mounting financial pressure as soaring procurement costs and high-interest bank loans have pushed its subsidy burden beyond Tk 6.15 billion in just three months, sources say.Data shows between October 1 and...

Five-year bond yield rises further

FE REPORT | 2026-05-13 00:00:00

Yields on five-year treasury bonds rose again on Tuesday as banks continued to avoid locking surplus liquidity into longer-term government securities amid cautious portfolio management. The trend reflects lenders' preference for shorter-tenure investments as uncertainty over private sector credit demand...