MONIRA MUNNI | 2025-05-16 00:00:00
Bangladesh's textile and apparel industry needs an approximate investment worth US$6.6 billion to help reduce the level of carbon emissions by half by 2030 through renewable energy and energy efficiency measures, according to a global report.Of the required amount, only...
DAMASCUS, May 15 (Arab News): Syrian Finance Minister Yisr Barnieh made a call to global investors on Wednesday to come do business with Syria after US President Donald Trump's surprise announcement that he would lift all of Washington's sanctions on...
FRANKFURT, May 15 (AFP): German industrial giant Siemens reported an unexpected jump in quarterly profits Thursday and stuck to its outlook for the year but warned of "increased uncertainty" in the global economy.Net profit came in at 2.4 billion euros...
COLOMBO, May 15 (Reuters): Sri Lanka has restructured nearly $931 million in lines of credit and buyers' credit facility agreements with the Indian government, the island nation's finance ministry said on Thursday.The deal between the two countries will facilitate deeper...
Bangladesh Krishi Bank (BKB) has awarded 31 prizes to its remittance customers through lottery from March 1 to April 15 as part of 'Remittance Festival 2025'. Saddam Hossain, a remittance customer of the Baishmouja Bazar Branch under the Brahmanbaria region,...
The Farm Machinery and Postharvest Process Engineering Division (FMPE) of Bangladesh Agricultural Research Institute (BARI) held a workshop on 'Project Progress and Stakeholder Collaboration for Talent Hunt' at the FMPE Seminar Room on Thursday. The programme was funded by (FMDP)...
The 35th Board meeting of the newly formed Board of the Directors of Union Bank PLC was held at the bank's Head Office in Dhaka on Thursday. Chairman of the Board of the Directors Md. Fariduddin Ahmed presided over the...
A high-profile delegation from the Institute of Cost and Management Accountants of Bangladesh (ICMAB), led by its President Mahtab Uddin Ahmed, met with Mostafa Kamal, Chairman and Managing Director of Meghna Group of Industries (MGI), at his corporate office on...
Sonali Bank PLC has created five new divisions at its head office to provide time-befitting customer services. Chairman of the bank Mohammad Muslim Chowdhury inaugurated the newly-formed divisions on Thursday while Managing Director & CEO Md Shawkat Ali Khan presided...
Islami Bank Bangladesh achieved the Accessible Digital Banking Services Award for its significant role in providing disability-friendly banking services through the 'Cellfin' app. The prize was handed over in a programme organised by Aspire to Innovate (a2I) on the occasion...
Dhaka Bank signed a MoU on Distributor Finance Program with Omera Petroleum Ltd., on Tuesday at the Dhaka Bank’s head office. Md. Mostaque Ahmed, DMD & chief emerging market officer, and Dilruba Chowdhury, director, HR of East Coast Group, exchanged...
Eastern Bank entered into a strategic partnership with the International Finance Corporation (IFC) to advance its climate risk management capabilities. With this partnership, EBL becomes the first commercial bank in Bangladesh's banking sector to collaborate with IFC on enhancing climate...
After two weeks of suspension, private airline Novoair is set to resume flight services on domestic routes from May 21.It has also offered a 15 per cent discount on ticket prices in a statement on Thursday, reports bdnews24.com.The airline suspended...
FE REPORT | 2025-05-16 00:00:00
Mohammad Hatem, managing director of MB Knit Fashion, and Fazlee Shamim Ehsan, managing director of Fatullah Apparels Ltd, have been elected president and executive president of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) respectively for the 2025-27 term.Earlier, the...
Md Shafayet Alam has taken over as the Chief Executive Officer (CEO) of Nagad Ltd., one of the country's leading mobile financial service providers.Upon taking charge on Monday, Mr Alam pledged to further expand Nagad's services in keeping with customers'...
FE REPORT | 2025-05-16 00:00:00
Three enterprises have been awarded Feminist Green Action Award 2025, the first of its kind, for their contribution to compliant, environment-friendly, and gender sensitive business practices.Tripty Boutique House under Centre for Development and Peace (CDP), and Ecolery Bangladesh received the...
RIYADH, May 15 (Arab News): Saudi Arabia's Public Investment Fund has signed a series of landmark agreements with leading US financial institutions worth a combined potential investment of up to $11 billion, signaling a major push to strengthen and diversify...
Zakir Ahmed Khan was unanimously elected as chairman of Pioneer Insurance Company Limited in the 245th meeting of the board of directors on May 11 for 2025 - 2026.Currently, he is serving as Palli Karma-Sahayak Foundation (PKSF) chairman, a press...
The board of AB Bank in its 813th board meeting elected Kaiser A. Chowdhury as its chairman. Mr. Chowdhury is an iconic banker with years of experience as CEO and board member of several banks and financial institutions, according to...
FARHAN FARDAUS | 2025-05-16 00:00:00
General insurance companies, which could increase premium income and had invested in Treasury securities, secured profit growth in the first quarter through March this year. Out of the 10 general insurers that recently declared their profits earned in January-March this...
MOHAMMAD MUFAZZAL | 2025-05-16 00:00:00
Stockbrokers are at loggerheads with the securities regulator over the utilisation of interest income earned from investors' idle funds kept in a bank account namely Consolidated Customer Account (CCA). The Bangladesh Securities and Exchange Commission (BSEC) wants the money to...
NEW DELHI. May 15 (Reuters): The Indian Army said at least 10 militants were killed in an operation still underway in the troubled northeastern state of Manipur, bordering Myanmar.The deaths came months after Reuters reported in November that Indian militant...
BANGKOK, May 15 (AFP): More than 400 Myanmar people fled across the Thai border on Thursday as ethnic minority armed groups bombarded a junta base with drones, the kingdom's armed forces said.Myanmar's military sparked a civil war, seizing power in...
PARIS, May 15 (AFP): French politicians were divided on Thursday over the high-profile marathon hearing of Prime Minister Francois Bayrou, who was grilled by lawmakers about claims of sexual abuse at a Catholic school.Some deputies were outraged at the way...
JAKARTA, May 15 (AFP): Australian Prime Minister Anthony Albanese touted his country's defence cooperation with Indonesia during a visit to Jakarta on Thursday, his first trip abroad since his re-election.The two nations have sought to boost security ties in the...
GAZA, May 15 (Reuters): A US-backed humanitarian organization will start work in Gaza by the end of May under a heavily-criticised aid distribution plan, but has asked Israel to let the United Nations and others resume deliveries to Palestinians now...
ISTANBUL, May 15 (AFP/AP): A Russian delegation landed in Istanbul on Thursday for the first direct peace talks with Ukraine in more than three years, Russian state media reported, but without President Vladimir Putin as many world leaders had urged.Putin...
DUBAI, May 15 (Reuters): US President Donald Trump said on Thursday that the United States was getting very close to securing a nuclear deal with Iran, and Tehran had "sort of" agreed to the terms."We're in very serious negotiations with...
Tutoring has become a primary source of income for students in Bangladesh, particularly in urban areas. With rising unemployment, many university, college, and even school students turn to tutoring as a means of survival. However, what appears to be an...
Bangladesh's energy crisis is no longer just an infrastructure or economic issue-it's a growing public health concern. Recent research reveals that frequent power outages, gas shortages, and rising fuel prices are significantly increasing stress levels among households, particularly in urban...
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