Bangladesh Investment Development Authority (BIDA) held a view exchange meeting with different political parties at its office in Dhaka on Tuesday. BIDA Executive Chairman Chowdhury Ashik Mahmud Bin Harun discussed the ways to improve the investment climate in the country....
ONE Bank PLC opened its 114th Branch at Chinispur in Narsingdi recently. KH Rashed Akhtar Zaman, Senior Executive Vice President & Head of Branch Distribution of ONE Bank, formally inaugurated the branch.
Linde Bangladesh Limited has recently signed a contract with MetLife Bangladesh to provide insurance facilities to their employees. The agreement was signed by Bibhabasu Sengupta, Managing Director, Linde Bangladesh Limited, and Ala Ahmad, Chief Executive Officer, MetLife Bangladesh, on the...
NCC Bank has recently opened Islamic Banking Windows at its Gulshan, Baridhara, Dhanmondi and Shyamoli branches with the aim to expand its services based on Islamic Shari'ah. These four Windows were formally inaugurated by the bank's Managing Director M. Shamsul...
The government Tuesday approved separate proposals for procuring one cargo of LNG and 11million (1.10 crore) litres of refined rice bran oil to meet the growing demand in the country.The approval came from the 19th meeting of the Advisers Council...
The Appellate Division of the Supreme Court (SC) on Monday declared the appointment of an administrator and a new board of directors at mobile financial service provider Nagad as unlawful, reports UNB.Chamber Judge of the Appellate Division Justice Md Rezaul...
BEIJING, May 13 (AFP): China has lifted a ban on domestic airlines accepting new Boeing aircraft, a report said Tuesday, after Beijing and Washington agreed to temporarily lower tariffs in a major de-escalation of their trade war.Last month the American...
FE REPORT | 2025-05-14 00:00:00
The Small and Medium Enterprise (SME) Foundation on Tuesday called for exempting annual turnover of up to Tk 10 million from Value Added Tax (VAT), aiming to ease the financial burden on small businesses and foster industrial growth.The demand was...
China has issued export permits to at least four rare earth magnet producers including suppliers to Volkswagen , the German carmaker and industry sources said, the first granted since Beijing restricted shipments last month and a sign that the critical...
CAIRO, May 13 (Reuters): Egypt's Suez Canal will offer a 15 per cent discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and...
Gold prices rose on Tuesday on bargain-hunting after a sharp loss in the previous day, while softer-than-expected inflation data from the US also lent support, reports Reuters.Spot gold rose 0.2 per cent to $3,241.16 an ounce as of 0938 ET...
LONDON, May 13 (Reuters): Oil prices rose on Tuesday but gains were capped by rising supplies and caution over whether the pause in the US-China trade war will lead to a longer-term deal.Brent crude futures rose 65 cents, or about...
SEOUL, May 13 (Reuters): Samsung Electronics made public on Tuesday its slimmest flagship model to date, complete with enhanced artificial intelligence features, as it seeks to get ahead of rival Apple on the premium market.The S25 Edge launch is designed...
Janata Bank PLC held a meeting of its special task force on the recovery of classified loans at the head office of the bank in Dhaka on Tuesday. Managing Director Md Mazibur Rahman presided over the meeting attended by Deputy...
Uttara Bank PLC declared 35% dividend (17.50% cash and 17.50% stock) for the year 2024 and approved the Annual Report-2024 at its 42nd Annual General Meeting held on a digital platform on Monday. The meeting was presided over by Azharul...
Muhammad Nurul Alam Chowdhury, Chief Executive Officer of South Asia Insurance Company Limited, handed over a fire insurance claim cheque to Md. Nurul Amin, a prominent businessman of Noakhali, Chaumuhani, recently. Md. Nurul Amin, proprietor of the insured M/s Al...
The 10th meeting of the newly formed Audit Committee of the Union Bank PLC was held at the bank's Head Office in Dhaka on Monday. Chairman of the Audit Committee Sheikh Zahidul Islam presided over the meeting. Member of the...
Sonali Bank PLC signed an agreement with Karnaphuli Gas Distribution Company Limited (KGDCL) to collect gas bills and fees from customers through the Sonali Payment Gateway. The signing ceremony was held at the KGDCL head office conference room on Tuesday....
Global Brand PLC, Lenovo's authorised distributor, has launched the new AI-powered Lenovo LOQ gaming laptop in Bangladesh market. Equipped with advanced technology and AI optimization, this laptop is ideal for gamers, streamers, and content creators, says a statement.The laptop features...
Three new RMG factories in the country got LEED certification, which is testament to the country's unwavering commitment to environmental sustainability in the Ready-Made Garment (RMG) sector, reports BSS.The three new LEED certified RMG factories are: Tasniah Fabrics Ltd. Admin...
FE REPORT | 2025-05-14 00:00:00
The country's stock market continued to suffer erosion despite a decline in interest rates of Treasury bonds and market supportive measures announced by the interim government. Higher rates of Treasury bonds surpassing 12 per cent have been blamed for a...
The Bangladesh Export Processing Zones Authority (BEPZA) has secured a total investment of US$480 million from 32 local and foreign companies during the 2024-25 fiscal year up to May 13.By attracting the investments, directed toward enterprises in the country's Export...
Mutual Trust Bank (MTB) recently launched the country's first AI driven voice-based contact centre.This innovative solution is set to redefine MTB's customer services through a faster, smarter and seamless banking experience, according to a press statement.After the introduction of this...
FE REPORT | 2025-05-14 00:00:00
Both BRAC Bank and City Bank secured a year-on-year growth in profit in the first quarter through March this year despite a decline in interest income as their investment income jumped. City Bank showed a 2.88 per cent year-on-year rise...
ANINDETA CHOWDHURY | 2025-05-14 00:00:00
There is something about the first whiff of mangoes in the air that feels like a season turning a page. In Bangladesh, summer does not just arrive with sweat and storms-it comes with our favourite fruit, mangoes. Yellow, green, golden...
NAFISA ISLAM MEGHA | 2025-05-14 00:00:00
Resin crafts capture these vanishing moments and give them permanence, which can also be seen as a form of preservation. A daisy trapped in a pendant, a wedding garland turned into earrings, a tiny shell from a last beach walk,...
Istequemal Hussain | 2025-05-14 00:00:00
To tap the liquidity of Sharia-compliant banking area for financing the government’s deficit budget and for supporting the country’s overall development, a decision was made to introduce Islamic bond, or ‘Sukuk’, in the fiscal year 2019-20.On the one hand, a...
As summer sets in with rising temperatures and severe heatwaves sweeping across the country, it is crucial to exercise caution in our food and lifestyle choices to stay healthy during this period.One growing concern is the increased consumption of open...
Healthcare is one of the fundamental needs of human life, yet in Bangladesh today, many hospitals and clinics appear to be "sick" themselves. Ailing infrastructure, poor treatment standards, exploitative syndicates and deep-rooted corruption have pushed the country's healthcare system to...
Wasi Ahmed | 2025-05-14 00:00:00
The recent surge in Bangladesh's potato exports underscores the crop's growing potential in overseas markets. Potato exports have quadrupled in the current fiscal year, reaching 50,000 tonnes between July and April-up from just 12,300 tonnes in FY 2024. While this...
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