FE REPORT | 2025-05-15 00:00:00
On striking a delayed fund-release deal with Bangladesh, the International Monetary Fund (IMF) wants quicker implementation of an agreed new exchange-rate regime and tax reforms for boosting revenue generation.As the IMF desire for dos was made known Wednesday, the interim...
JAHIDUL ISLAM | 2025-05-15 00:00:00
Titas Gas Transmission and Distribution PLC wants to implement an ambitious Tk 81.61 billion project to reduce gas wastage by installing around 2,781 kilometres of new distribution lines and upgrading 5,000 kilometres of existing ones in the Dhaka, Gazipur, and...
CHATTOGRAM, May 14 (BSS): Chief Adviser Professor Muhammad Yunus said on Wednesday the Interim Government had taken initiatives to turn Chittagong Port into a world-class one by entrusting its management to global operators.He said this while speaking at the New...
FE REPORT | 2025-05-15 00:00:00
Bangladesh finally moves towards market-driven exchange rate, with US$500-million guardrails against instability on the foreign-exchange market, to remove a last roadblock to IMF loan payout worth $1.3 billion. Foreign financiers have now confirmed providing an aggregate sum of $3.5 billion...
FE REPORT | 2025-05-15 00:00:00
Supporters of BNP leader Ishraque Hossain staged a demonstration on Wednesday, demanding that he be given the responsibilities of mayor of the Dhaka South City Corporation (DSCC) immediately.A significant number of people took part in the demonstration in front of...
FE REPORT | 2025-05-15 00:00:00
The High Court on Wednesday granted bail to BNP Acting Chairman Tarique Rahman's wife Zubaida Rahman, accepting her appeal against her three-year jail sentence in a corruption case.An HC bench of Justice Md Khasruzzaman passed the order after hearing a...
FE REPORT | 2025-05-15 00:00:00
The Appellate Division of the Supreme Court on Wednesday set June 1 this year for delivering its verdict on an appeal petition filed by Bangladesh Jamaat-e-Islami against a High Court verdict that declared the party's registration with the Election Commission...
Rain/thunder showers with lightning flashes and temporary gusty wind is likely to occur at a few places over Mymensingh and Sylhet divisions until 6:00 pm today (Thursday), according to the Met office. The highest temperature of the country was recorded...
The 102nd birth anniversary of Mirza Mehdy Ispahani, former chairman of MM Ispahani Ltd, and founder of Mirza Ahmed Ispahani High School, was observed on Wednesday with due respect and solemnity on the school premises in Pahartali of Chattogram, says...
FE REPORT | 2025-05-15 00:00:00
Around 13 per cent of the dried-fish samples have been found contaminated by chemical pesticides, according to latest research findings. On the other hand, the remaining tested dried-fish samples have been found to be safe.According to the research, the level...
WILMINGTON, DEL., May 14 (Reuters): In the coming weeks, investors in nine public companies worth at least $1 billion each will vote on proposals to ditch Delaware as their place of incorporation, potentially denting the state's longtime reputation as Corporate...
National Finance and Tropical Homes Limited have entered into a strategic partnership with the signing of a Memorandum of Understanding (MoU). As part of the agreement, clients purchasing properties from Tropical Homes will now enjoy preferential loan rates and expedited...
FE REPORT | 2025-05-15 00:00:00
The Bangladesh Jute Spinners Association (BJSA) has elected Tapas Pramanik as its chairman and Sk Farook Hossain as vice chairman.The new executive committee of the association for 2025-2026 and 2026-2027 was formed at its 46th Annual General Meeting held at...
Nestlé Bangladesh PLC launched its latest product, NIDO School Age 5+, especifically designed for school-going children, on Monday. The Ambassador of Switzerland to Bangladesh, Reto Renggli, launched the product as the chief guest. NIDO 5+is the only Swiss brand that...
Bank Asia Agent Banking for the first time has introduced wet market-centric customer service initiative 'Wet Market Collection' aiming to simplify, secure and digitize cash handling for small-large scale traders in local wet markets and make daily transactions more efficient...
A partnership of BRAC Bank and VisionSpring to screen the vision of workforce groups and communities requiring eye care will reach 61,500 individuals by the end of 2025, with 40 per cent of the target group already covered.More than 80...
M AZIZUR RAHMAN | 2025-05-15 00:00:00
Bangladesh is now optimistic enough about paying the suppliers of liquefied natural gas (LNG) and petroleum products and international oil companies (IOCs) on a regular basis in the future."As all overdue bills are cleared now, making timely payments to energy...
FE REPORT | 2025-05-15 00:00:00
IPDC Finance has reported a 98.8 per cent year-on-year surge in profit to Tk 37 million for the first quarter through March this year, supported by high returns from investments in government securities. Investment income saw a sharp 134.8 per...
FE REPORT | 2025-05-15 00:00:00
Bangladesh Bank Governor Ahsan H Mansur said the central bank would not be lenient while taking measures to discipline the banking sector.He said this at a virtual press conference from Dubai when his attention was drawn to the matter that...
Prime Bank Investment Limited (PBIL), a subsidiary of Prime Bank PLC, and WeGro Technologies Limited, a digital platform enabling investments in agricultural projects, signed a Memorandum of Understanding (MoU) recently. Under this partnership, investors using the WeGro app/website can now...
Dhaka Bank PLC signed a payroll banking agreement with East Coast Group at the bank's head office in Dhaka on Tuesday. Sheikh Mohammad Maroof, Managing Director & CEO of Dhaka Bank, and Dilruba Chowdhury, Director, HR of East Coast Group,...
AKM Mizanur Rahman has recently been elected the chairman of the Audit Committee of the Board of Directors of NRB Bank PLC at a meeting of the Board of Directors, says a statement.Mr. Rahman is a distinguished independent director at...
FE REPORT | 2025-05-15 00:00:00
Outgoing Executive Director of Hazrat Shahjalal International Airport (HSIA) Group Captain Dr Muhammad Kamrul Islam believes that if the current progress in aviation and related sectors continues, it is possible for these industries to contribute 1.5 per cent or more...
UCB Investment Limited has successfully closed the Dutch-Bangla Bank 5th Subordinated Bond of BDT 12,000 million, issued by Dutch-Bangla Bank PLC, says a statement. This is the largest capital bond till date issued by any private commercial bank in Bangladesh,...
FE REPORT | 2025-05-15 00:00:00
Bangladesh is taking steps toward signing a zero-tariff deal or a Free Trade Agreement (FTA) with the USA in a bid to enhance bilateral trade and investment, according to sources. The Ministry of Commerce (MoC) on Monday formed a high-powered...
LONDON, May 14 (AFP): England has seen the driest start to spring for 69 years, the UK government's Environment Agency said, amid concerns over possible drought in coming months.For England as a whole, April was "the third consecutive month of...
RIYADH, May 14 (AFP): US President Donald Trump urged vigorous enforcement of sanctions on Iran on Wednesday, even as he said he hoped to reach a negotiated agreement in nuclear talks."I want to make a deal with Iran. I want...
BERLIN, May 14 (AFP): Germany's new Chancellor Friedrich Merz on Wednesday urged all sides to avert a "famine" in Gaza, which has been under an aid blockade by Israel since early March.While reiterating that Germany stands by Israel's side, Merz...
RIYADH, May 14 (AFP/Reuters): US President Donald Trump on Wednesday said there was a possibility he would head to Turkey for talks on Ukraine if his Russian counterpart Vladimir Putin also travelled there."I don't know that he (Putin) would be...
NETRAKONA, May 14 (BSS): A youth was killed in lightning strike at Satia village under Kaliara Gabragati union in sadar upazila on Wednesday.The deceased was identified as Rabbi Mia, 18, son of Abdul Barek, a resident of the same village.Sadar...
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