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Bank Asia Agent Banking introduces 'Wet Market Collection' service

FE DESK | 2025-05-15 00:00:00

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...

BRAC Bank, VisionSpring eye care to reach 61,500

FE DESK | 2025-05-15 00:00:00

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...

With overdue bills cleared, BD set for regular payments to LNG, oil suppliers

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...

IPDC Finance's profit up 98pc on high investment income

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...

Central bank is to protect depositors, not investors, BB governor says

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...

PBIL and WeGro Expand Investment Opportunities for AgriInvestors

2025-05-15 00:00:00

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 signs payroll banking agreement with East Coast Group

2025-05-15 00:00:00

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,...

Audit Committee of NRB Bank gets new chairman

2025-05-15 00:00:00

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...

Aviation sector can contribute 1.5pc to GDP in five years

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 closes Tk 12,000m bond for Dutch-Bangla Bank

2025-05-15 00:00:00

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,...

Bangladesh moves toward signing FTA with US

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...

England sees driest spring since 1956

2025-05-15 00:00:00

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...

Trump urges enforcement of Iran sanctions amid talks

2025-05-15 00:00:00

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...

German Chancellor urges quick steps to avert Gaza 'famine'

2025-05-15 00:00:00

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...

Trump will visit Turkey for Ukraine talks if Putin joins

2025-05-15 00:00:00

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...

Lightning strike kills youth -

2025-05-15 00:00:00

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...

Pro-Act BD project launched to strengthen resilience in Cox's Bazar

OUR CORRESPONDENT | 2025-05-15 00:00:00

COX'S BAZAR, May 14: The EU-funded FAO Pro-Act Bangladesh project was launched in Cox's Bazar on Wednesday to improve agriculture and food systems and increase resilience.The four year project aims to improve food security, nutrition and income of farming families...

Farmer hacked to death in Narail

2025-05-15 00:00:00

NARAIL, May 14 (UNB): Miscreants hacked a farmer to death at a local market in Lohagara upazila of Narail district on Wednesday morning.The deceased was identified as Khaja Molla, 45, son of Laba Molla of Kumardanga Par Ishakhali village under...

BINA-9, BARI-11 groundnut farming gains popularity in Gopalganj

OUR CORRESPONDENT | 2025-05-15 00:00:00

GOPALGANJ, May 14: The cultivation of BINA-9 and BARI-11 groundnut varieties is gaining popularity among farmers of the district.Farmers say that the groundnut varieties are profitable crops for farmers in this region.According to Bangladesh Institution of Nuclear Agriculture (BINA) and...

Mustafizur replaces Fraser-McGurk at Delhi Capitals

2025-05-15 00:00:00

Delhi Capitals have roped in Bangladesh left-arm pacer Mustafizur Rahman as a replacement player for Australia opener Jake Fraser-McGurk, who has opted out from the remainder of the season due to personal reasons. Mustafizur was previously with Delhi in the...

Mehidy emerges as ICC Men's Player of the Month for April

2025-05-15 00:00:00

Bangladesh all-rounder Mehidy Hasan Miraz has been named the ICC Men's Player of the Month for April 2025, following a dominant performance in the home Test series against Zimbabwe, reports UNB.The 27-year-old became only the third Bangladeshi to receive the...

South Africa romp to 10-run victory over Bangladesh

2025-05-15 00:00:00

Skipper Akbar Ali hit a brilliant century but that was not enough to stop visiting South African Men's Emerging team, who romped to a 10-run victory over Bangladesh Men's Emerging team in the second match to level the three-match series...

Government's plan for increasing gas supply for industries

Mushfiqur Rahman | 2025-05-15 00:00:00

The government has decided to increase gas supply for the industry sector. Dr Fauzul Kabir Khan, Energy adviser of the interim government, informed that the initiative would be taken to increase LNG import (4 additional LNG cargo would be imported...

Women in policing

2025-05-15 00:00:00

Police officers are often seen solely as agents of law enforcement, but behind the badge lies a workforce that increasingly includes women who are making significant contributions. Since 1974, when 14 women were first appointed to the Special Branch, female...

Policy support for startups

2025-05-15 00:00:00

I am writing to draw attention to a crucial yet less discussed issue in our national business discourse-the urgent need for comprehensive policy support for Bangladesh's startup ecosystem. While the government has made strides in promoting digital transformation, the startup...

Taking port capacity to next level

Atiqul Kabir Tuhin | 2025-05-15 00:00:00

The Port of Chittagong stands on the brink of a transformative change, driven by the involvement of leading global players in port operations and logistics. Dubai-based DP World, renowned for managing some of the world's most efficient ports and logistics...

Labour reform imperative

2025-05-15 00:00:00

Labour-management relations have left much to be desired in this industrially least developed country. In a country of an oversize population, supply of labour has always outpaced the generation of employment. Naturally, owners of factories and industrial units have dictated...

NBR bifurcation triggers rowdy protest by officers

FE REPORT | 2025-05-14 12:00:00

A midnight decision dissolving the National Board of Revenue into two entities triggers raucous protests as NBR staffers threw a three-day nationwide pen-down strike in revenue offices, while the government and economists termed it a "welcome move". A newly issued...

Court to deliver verdict on May 17

2025-05-14 00:00:00

A tribunal has fixed May 17 for the verdict in the much- discussed case over the rape and murder of an 8-year-old child in Magura, reports bdnews24.com.Judge M Zahid Hasan of the Magura Women and Children Repression Prevention Tribunal set...

Five-year bond yield falls fast

FE REPORT | 2025-05-14 00:00:00

The yield on Five-Year Bangladesh Government Treasury Bonds (BGTBs) fell significantly on Tuesday as banks were more inclined to invest their excess liquidity in the risk-free securities.The cut-off yield, generally known as interest rate, on the BGTBs came down to...