FE REPORT | 2025-09-03 00:00:00
Bangladesh Bank on Tuesday issued a new master circular bringing all rules related to loans, overdrafts and guarantees into one framework.The circular has simplified and consolidated the foreign exchange transaction policy.The central bank said that the instructions remained scattered across...
JUBAIR HASAN | 2025-09-03 00:00:00
As part of the move to stabilise the country's foreign-exchange market, the Bangladesh Bank's (BB) dollar purchase from commercial banks has reached almost $1-billion mark in less than two months. With the latest interventions of buying $47.50 million more through...
FE REPORT | 2025-09-03 00:00:00
A government move begins to request Interpol to issue Red Notices against the fugitive owners of three garment factories for "negligence in ensuring workers' rightful dues" and staying abroad for long.Officials concerned have said the wanted persons are Shahadat Hossain...
FE REPORT | 2025-09-03 00:00:00
A banking-sector overhaul recipe designed as mergers and acquisitions gets into gear with the crisis-stricken First Security Islami Bank (FSIB) first agreeing to accept the bailout.Officials said the struggling unconventional bank's high-ups led by its Chairman Mohammad Abdul Mannan shared...
FE REPORT | 2025-09-03 00:00:00
Full control of the lower judiciary switches over to Bangladesh Supreme Court from the President in a major constitutional change by court verdict, in tune with post-uprising reform recipe. The High Court Wednesday handed down the judgment vesting in the...
YASIR WARDAD | 2025-09-03 00:00:00
Bangladesh moves forward with new policy measures as guardrails around its export sector as the country is destined to graduate from the least-developed country (LDC) category and thus forfeit marketing privileges.The swap comes amid a looming phase-out of cash subsidies...
SBAC Bank PLC organised a daylong training workshop on 'Reporting on Online Import Monitoring System (OIMS) & Online Export Monitoring System (OEMS)' at its Training Institute of Head Office recently. Md. Hanif Miah, Executive Director of Bangladesh Bank Training Academy,...
Women Banking customers of Eastern Bank (EBL) will enjoy special discount on Beauty and Wellness services through Sheba.XYZ online platform. M. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of EBL, and Adnan Imtiaz Halim, Founder...
Shahjalal Islami Bank PLC organised a financial literacy programme at a hotel in Chattogram city on Sunday to raise social awareness about sending remittances through legal channels. Managing Director of the bank Mosleh Uddin Ahmed was present as the chief...
Shimanto Bank celebrated the 9th anniversary at its Head Office on Monday. Over the past nine years, Shimanto Bank has been serving its customers by establishing 27 branches, 8 sub-branches, 3 service centres and 36 ATM Booths across the country....
A worker was killed in a clash between workers of Uttara Export Processing Zone (EPZ) and joint forces in Nilphamari sadar upazila on Tuesday, reports UNB.Police said workers of Evergreen factory, a wig-making factory, had been demonstrating for the last...
MetLife Bangladesh has recently organised a daylong training workshop on 'Prevention of Money Laundering and Terrorist Financing' for the Branch Anti-Money Laundering Compliance Officers (BAMLCOs) of MetLife's Dhaka, Cumilla, Mymensingh, Noakhali, Rangpur, Sylhet region. The workshop was held at MetLife...
FE REPORT | 2025-09-03 00:00:00
The government on Tuesday approved a number of proposals for the procurement of fertiliser, liquefied natural gas (LNG), and phosphoric acid to meet the local demand.The Advisers' Council Committee on Government Purchase at a meeting gave the approvals to this...
FHM HUMAYAN KABIR | 2025-09-03 00:00:00
Unlike the tax-revenue incomes, the government's non-tax revenue saw a steep rise until May of the last fiscal year (FY) 2024-25, according to official data.The volume of non-tax revenue, collected during the July-May period of the last fiscal year, was...
FE REPORT | 2025-09-03 00:00:00
Around 4.0 million business-related cases remain pending in Bangladesh's courts, and prolonged judicial processes are hindering both local and foreign investment, experts say at a seminar.The seminar, titled "Advancing Dispute Settlement and Contract Enforcement for Businesses," was organised by the...
United Finance PLC has signed a participation agreement with Bangladesh Bank for the refinancing from the Tk 5.0 billion Startup Fund, a visionary initiative to drive innovation and entrepreneurship across the nation. The agreement was signed by Muhammad Mustafizur Rahman,...
The half-yearly Business Managers' Conference of Janata Bank PLC's Chandpur Area was held on Monday. Managing Director of the bank Md. Mazibur Rahman was present as the chief guest. Md Nazrul Islam, Deputy Managing Director of the bank, and Md....
Bangladesh Krishi Bank organised 'AML-CFT Workshop and BAMLCO Conference 2025', at the Divisional Office in Khulna recently. Managing Director of the bank Sanchia Binte Ali attended the event as the chief guest. DMD Md. Abdur Rahim and Mohd. Khaleduzzaman and...
Exim Bank arranged a workshop on "Legal & Non-legal Measures for Recovery of Sticky, Stuck up & Suit Filed Investment" at the training and research academy of the bank recently. Managing Director (Current Charge) Abdul Aziz Zumma inaugurated the workshop...
Southeast Bank Training Institute has recently organised a half-day workshop on how to tackle financial frauds internally and ensure compliance with related matters. The programme was graced by barrister M. Moyeen Alam Firozee, independent director and chairman of the audit...
Pubali Bank has earned top recognition at the 3rd ICC Emerging Asia Banking Conclave & Awards held this year at Le Meridien, New Delhi. Organised by the Indian Chamber of Commerce, the event honoured Pubali Bank in five categories: best...
Md Anwar Hossain, Additional Chief Engineer of Local Government Engineering Department (LGED), has assumed the responsibility as the chief engineer (routine charge) as per an office order issued by the Local Government Division on August 31, says a press release....
FE REPORT | 2025-09-03 00:00:00
A four-day trade exhibition on textiles and allied sectors will begin on September 10, aiming to give an impetus to the country's economy. More than 1,450 companies representing 37 countries, including India, China, Korea, Malaysia, and Germany, will participate in...
Green Delta Insurance PLC has successfully completed Bangladesh's first-ever Dairy Heat Index Insurance claim settlement recently at Mymensingh. Dairy heat index insurance protects dairy farmers from income loss caused by extreme temperature, which affects cattle health and milk production. The...
MONIRA MUNNI | 2025-09-03 00:00:00
Bangladesh's readymade garment (RMG) exports to Canada remained almost stagnant during the last couple of years, while Vietnam became the second largest apparel supplier to the North American country, surpassing Bangladesh. Data from the International Trade Centre's (ITC) Trade Map...
The board of directors of BRAC Bank has appointed Tareq Refat Ullah Khan as the managing director and chief executive officer, effective from Tuesday, according to a press statement.Mr. Khan had been serving as MD & CEO (current charge) since...
FE REPORT | 2025-09-03 00:00:00
The securities regulator has reduced the maintenance fee of BO (beneficiary owner's) accounts to Tk 150 from Tk 450 per year, considering the interest of general investors.The Bangladesh Securities and Exchange Commission (BSEC) on Tuesday approved the new fee after...
FE REPORT | 2025-09-03 00:00:00
Navana Pharmaceuticals has decided to repay the subscribed amount of its partially convertible bond earlier than maturity, without any conversion, due to undersubscription.The drug manufacturer managed to raise only Tk 80 million of its targeted Tk 1.50 billion through bond...
FE Report | 2025-09-03 00:00:00
The benchmark index of the Dhaka Stock Exchange (DSE) crossed the 5,600 mark on Tuesday for the first time in nearly a year, as a buying spree strengthened the equity market despite ongoing political concerns.Analysts said well-performing blue-chip stocks remained...
MAHDIA BINTE ZAMAN | 2025-09-03 00:00:00
Have you ever wondered, poetry, which once reigned as a luminous thread weaving through the hearts of lovers, the battle cries of revolutionaries, and the solemn decrees of warriors, has become a niche hobby that most people skip? So what...
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