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UTTARA BANK holds 42nd Annual General Meeting

2025-05-14 00:00:00

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...

South Asia Insurance hands over claim cheque

2025-05-14 00:00:00

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...

Union Bank holds 10th meeting of newly formed Audit Committee

2025-05-14 00:00:00

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 signs deal with Karnaphuli Gas

2025-05-14 00:00:00

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....

AI-powered Lenovo laptop launched

2025-05-14 00:00:00

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...

3 new RMG factories get LEED certification

2025-05-14 00:00:00

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...

Stocks take further blow as investors not swayed by supportive measures

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...

EPZs, EZs attract $480m investments in FY25

2025-05-14 00:00:00

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...

MTB unveils nation's first AI contact centre

2025-05-14 00:00:00

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...

BRAC, City banks' investment income offsets core business slowdown

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...

The magic of Mango and the taste of Summer in Bangladesh

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...

A beautiful form of art

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,...

Sukuk: a game-changer in socio-economic development

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...

Caution for choice of food and drinks

2025-05-14 00:00:00

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...

Unwell hospitals, unhealthy system

2025-05-14 00:00:00

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...

Unlocking the potential of potato export

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...

Empowering central bank with sweeping powers

2025-05-14 00:00:00

One of the reasons why the nexus of corrupt politics and its crony oligarchs could get away with plundering the banking sector during the autocracy was the powerlessness of the Bangladesh Bank (BB) to stop it. Obviously, the interim government...

Poverty in Bangladesh stages a comeback

Hasnat Abdul Hye | 2025-05-14 00:00:00

After remaining a role model for poverty reduction for over three decades, Bangladesh of late is beginning to show signs of sliding down on the scale of metrics used domestically and internationally. According to the latest survey by Bangladesh Institute...

Betel leaves are very popular among both urban and rural people

2025-05-13 00:00:00

Betel leaves are very popular among both urban and rural people, especially the elderly. They arrive in large quantities at Dhaka's Shyambazar market from different regions across the country and are sold wholesale to retailers. The photo was taken on...

US mediation stopped 'nuclear conflict', claims Trump

2025-05-13 00:00:00

US President Donald Trump said Monday that US intervention prevented a "bad nuclear war" between India and Pakistan, after the South Asian rivals agreed a ceasefire following a series of clashes, report agencies."We stopped a nuclear conflict. I think it...

Industrial establishments banned within 10km of Sundarbans

FE REPORT | 2025-05-13 00:00:00

The environment ministry on Monday issued a gazette notification, banning new industrial establishments within 10-km stretch of the Sundarbans in an effort to protect the world's largest mangrove forest. The ministry exercised the powers conferred under Section 5 of the...

Police to no longer carry lethal weapons

2025-05-13 00:00:00

The interim government at a meeting Monday decided to remove lethal weapons from the police force, which has faced an image crisis due to the indiscriminate use of arms during the July-August protests, report agencies.The decision came during the ninth...

NCP denies chanting controversial slogans

FF REPORT | 2025-05-13 00:00:00

The National Citizens' Party (NCP) has denied allegations that its members raised controversial or anti-historical slogans during the recent anti-fascist protests by students and ordinary people.In an official statement issued on Monday, the party clarified that none of its activists...

Govt to form trade expert pool

FE REPORT | 2025-05-13 00:00:00

The government is set to form a trade expert pool (TEP) to preserve the required knowledge and experiences gained from trade-data analysis and negotiations, sources said. The commerce ministry has already started working on this. Its FTA wing will carry...

BB raises overseas medical treatment expense limit

2025-05-13 00:00:00

Bangladesh Bank has raised the limit of funds to be sent abroad for medical treatment expenses from US$ $10,000 to $15,000, reports UNB.The foreign exchange policy department of the central bank on Monday, through a circular confirmed this. The new...

NWPGCL to set up two solar plants with 140MW capacity

SYFUL ISLAM | 2025-05-13 00:00:00

North West Power Generation Company Ltd (NWPGCL) plans to set up two solar power plants with a combined electricity- generation capacity of 140 megawatts as part of the government's effort to enhance the share of clean power in energy mix,...

Denim exports to US, EU up 56pc, 32pc

MONIRA MUNNI | 2025-05-13 00:00:00

Locally-made denim items' exports to the two major destinations - the US and the European Union (EU) - during the first two months of 2025 witnessed significant growth of over 56 per cent and more than 32 per cent, respectively....

Steps taken to make Eid journey safe, says Fouzul

FE REPORT | 2025-05-13 00:00:00

With a view to ensuring safe journey for Eid holidaymakers, the government has taken some initiatives, including special train operation and establishment of temporary cattle markets distant from roads and highways.Muhammad Fouzul Kabir Khan, adviser to the rail and road...

Prayer Timings (2025-05-13)

2025-05-13 00:00:00

All AL activities banned, Hasina probe charge submitted

FE REPORT | 2025-05-13 00:00:00

All activities of deposed prime minister Sheikh Hasina's Bangladesh Awami League party and its front organisations are banned until their trial completes as the interim government Monday issued gazette of proscription to this effect. In a fast development on the...