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NBR warns taxpayers against audit scam calls

FE REPORT | 2026-07-06 00:00:00

The National Board of Revenue (NBR) on Sunday warned taxpayers against fraudsters posing as tax officials and demanding money on the pretext of exempting tax files from audits.In a press statement, the revenue authority said it had recently noticed that...

Export incentives retained for 43 sectors in FY '27

FE REPORT | 2026-07-06 00:00:00

The government has decided to continue export incentives and cash assistance for 43 sectors in fiscal year (FY) 2026-27, despite having its previous plan to phase out such subsidies ahead of Bangladesh's LDC graduation.The Foreign Exchange Policy Department (FEPD) of...

Regulatory panacea fails to resuscitate investment, spur economic growth

JUBAIR HASAN | 2026-07-06 00:00:00

Regulatory panacea works little to resuscitate investment and economic expansion as formal private credit growth stays almost stagnant in signs of prolonged slowdown in Bangladesh's private-sector-led economy.To breathe life into the $500-billion-plus economy after months of sluggishness, Bangladesh Bank (BB)...

Bangladesh secures $3.3b ITFC annual financing

FE REPORT | 2026-07-06 00:00:00

Bangladesh signs a US$3.3-billion annual financing deal with the International Islamic Trade Finance Corporation (ITFC) for this fiscal year, ensuring continued support for fuel, liquefied natural gas (LNG) and fertilizer imports.Officials say the agreement was signed Sunday at the ITFC...

Egypt finds 2,000-year-old coastal tombs and desert Byzantine city

2026-07-06 00:00:00

CAIRO, July 05 (AFP): Egyptian archaeologists have uncovered a series of nearly 2,000-year-old tombs on the Mediterranean coast and the remains of a planned Byzantine-era city in the western desert, the tourism and antiquities ministry said.The coastal discovery was made...

Israel appoints first-ever resident ambassador to Slovenia

2026-07-06 00:00:00

JERUSALEM, July 05 (AFP): Israel said on Sunday it has named its first-ever resident ambassador to Slovenia, signalling a diplomatic reset after Ljubljana's change of government.Ties between Israel and Slovenia had soured under the previous centre-left government of prime minister...

Venezuela quake death toll rises to 2,954, with 16,592 injured

2026-07-06 00:00:00

CARACAS, July 05 (Xinhua): The death toll from the two earthquakes that struck Venezuela last week has risen to 2,954, and 16,592 others were injured, National Assembly President Jorge Rodriguez said Saturday.In a message on his Telegram channel, Rodriguez said...

Tens of thousands rally in Albania against Trump-linked resort project

2026-07-06 00:00:00

TIRANA (Albania), July 05 (AFP): Tens of thousands rallied on Saturday in the Albanian capital Tirana in the largest protest since a movement against a resort linked to US President Donald Trump's family began.The 35th consecutive daily protest was the...

Yemen's Houthi attacks kill 14 govt troops

2026-07-06 00:00:00

ADEN, July 05 (AFP): Yemen's Iran-backed Houthi rebels killed 14 troops in an attack south of the port city of Hodeidah, a military official aligned with the country's internationally-recognised government told AFP on Sunday.The official said pro-government forces had repelled...

Gaza mothers believe IDF abused their son

2026-07-06 00:00:00

The photo depicts a blindfolded Gaza man stripped to his underwear and restrained face down on a cot while in Israeli custody, reports Reuters.Israel says the image is genuine and has acknowledged that the treatment it depicts "does not align"...

Trump hails US, blasts 'communists' in 250th anniversary speech

2026-07-06 00:00:00

WASHINGTON, July 05 (AFP): US President Donald Trump hailed America on its 250th birthday Saturday as the "crowning achievement" of human history, even as he used the event to renew his attack on domestic opponents he branded communists.In a speech...

Trump holds separate calls with Putin, Zelenskyy

2026-07-06 00:00:00

MOSCOW, July 05 (AP): One person was killed in a Ukrainian attack on Russian-occupied Crimea, Moscow-installed officials said in the early hours of Sunday, as Russian and Ukrainian leaders held separate calls with US President Donald Trump on ending the...

Afghan car trade screeches to a halt

2026-07-06 00:00:00

SPIN BOLDAK, Afghanistan, July 5 (AFP): In Afghanistan's southern Kandahar province, a once-thriving business of trading car parts from far-flung places has screeched to a halt due to conflicts at the country's borders.The brakes were first put on the Spin...

COMMERCIAL BANK OF CEYLON INKS MOU WITH SAIMON HOLIDAYS

2026-07-06 00:00:00

Commercial Bank of Ceylon PLC has recently signed a memorandum of understanding (MoU) with Saimon Holidays. Haily Algewatte, Deputy Chief Executive Officer and Chief Operating Officer of the bank, and Muhammad Wazirul Alam, Executive Director of Saimon Group, penned the...

NRBC BANK LAUNCHES CAMPAIGN TO PROMOTE BANGLA QR, CASHLESS TRANSACTIONS

2026-07-06 00:00:00

NRBC Bank has launched a nationwide campaign to promote cashless transactions and encourage the use of Bangla QR, reinforcing its commitment to advancing digital payments across Bangladesh. As part of the campaign, a rally was held in Motijheel area on...

IFIC BANK HOLDS AWARENESS CAMPAIGN TO PROMOTE CASHLESS BANGLADESH

2026-07-06 00:00:00

As part of Bangladesh Bank's initiative to build a "Cashless Bangladesh", IFIC Bank PLC organised an awareness campaign on Bangla QR at AGB Colony Kacha Bazar in Motijheel, Dhaka, on Sunday. As part of the programme, IFIC Bank's Bangla QR...

INFORMATION MINISTER PROMOTES USE OF BANGLA QR

2026-07-06 00:00:00

To promote the use of Bangla QR and raise public awareness, Information and Broadcasting Minister Zahir Uddin Swapan made purchases using Bangla QR through Dutch-Bangla Bank's app at Aziz Super Market in Shahbagh on Saturday. Instant cashless transactions can be...

ICC WORKSHOP held

2026-07-06 00:00:00

ICC Bangladesh organised a daylong workshop on 'Legal and Compliance Perspectives under Documentary Credits' at a hotel in Dhaka on Saturday. ICCB Banking Commission Chair Muhammad A. (Rumee) Ali (centre) attended the event as the chief guest and distributed certificates...

Biman resumes Manchester flights after four-month suspension

2026-07-06 00:00:00

Biman Bangladesh Airlines on Sunday resumed its direct Dhaka-Sylhet-Manchester service after a four-month suspension, restoring a key air link for thousands of Bangladeshi expatriates, particularly the Sylheti community living in northern England, reports BSS.The inaugural resumed flight, BG-208, landed at...

Govt to use AI for smarter market monitoring

FE REPORT | 2026-07-06 00:00:00

The government is set to introduce artificial intelligence (AI)-based tools and a new Power App to modernise market monitoring, improve coordination among enforcement agencies and strengthen consumer protection, Commerce Secretary Md Ataur Rahman Khan said on Sunday.Speaking at a workshop...

Bangladesh allows Starlink to route regional internet traffic via its network

FE REPORT | 2026-07-06 00:00:00

Bangladesh has cleared the way for Starlink to route international internet traffic through its telecommunications network to neighbouring countries, introducing a policy change that could expand the country's role in regional digital connectivity.The approval allows the satellite internet provider to...

Industrial investment stagnates amid economic headwinds

SAJIBUR RAHMAN | 2026-07-06 00:00:00

Industrial term loan disbursement declined sharply in the January-March quarter of the fiscal year 2025-26 as businesses remained cautious about making fresh investments amid tight liquidity, elevated borrowing costs, and persistent macroeconomic uncertainties.According to the latest Bangladesh Bank (BB) data,...

BERGER PAINTS PARTNERS WITH TROPICAL HOMES FOR PAINTING SOLUTION

2026-07-06 00:00:00

Berger Paints Bangladesh Limited and Tropical Homes Limited have recently signed a Memorandum of Understanding (MoU) whereby Berger Paints and Berger Fosroc Limited will provide comprehensive coating and construction materials-related solutions for TA Tower, a 45-storey commercial building, and other...

SOCIAL ISLAMI BANK HOLDS BUSINESS REVIEW MEETING IN RANGPUR

2026-07-06 00:00:00

Social Islami Bank PLC, operating under Sammilito Islami Bank PLC, held a Business Review Meeting at Bangladesh Bank Rangpur Office on Saturday with the participation of 17 branches from Rajshahi-Rangpur Region. The meeting was attended by the bank's Administrator, Md....

ISLAMI BANK ORGANISES TRAINING FOR SME ENTREPRENEURS

2026-07-06 00:00:00

The closing ceremony of the month-long training on 'Entrepreneurship Development Programme', jointly organised by Bangladesh Bank and Islami Bank Bangladesh PLC, was held at the bank's Noakhali Zonal Office on Sunday. The training was conducted under the supervision of the...

PUBALI BANK ORGANISES ‘CASHLESS DHANMONDI’ AWARENESS PROGRAMME

2026-07-06 00:00:00

Pubali Bank organised an awareness programme titled "Cashless Dhanmondi" with the initiative of Dhanmondi branch. The slogan of the event is themed on Bangladesh's advancements through cashless payments. With the aim of expanding digital transactions and Bangla QR payments nationwide,...

MTB, OCAIB SIGN MOU TO ACCELERATE CHINESE INVESTMENT

2026-07-06 00:00:00

Mutual Trust Bank (MTB) and the Overseas Chinese Association in Bangladesh (OCAIB) signed a memorandum of understanding (MoU) on June 30 to strengthen banking support for Chinese enterprises operating in Bangladesh and promote foreign direct investment (FDI) in the country....

ICSB hosts training on bancassurance

2026-07-06 00:00:00

The Institute of Chartered Secretaries of Bangladesh (ICSB) organised a training on 'Mastering Bancassurance: Strategy, Compliance and Business Development' held at BIM in Dhaka on Saturday, aiming to enhance the knowledge and skills of its members, students and corporate officials...

F R Khan joins Ananta Real Estate as chief adviser

2026-07-06 00:00:00

Engr. F R Khan (Faizur Rahman Khan), one of the most distinguished real estate professionals and civil engineers in Bangladesh, has joined Ananta Real Estate Ltd. as its chief adviser, says a press statement.Ananta Real Estate is a concern of...

Arif Hasan Khan promoted as DMD, Modhumoti Bank

2026-07-06 00:00:00

Arif Hasan Khan has been promoted to deputy managing director of Modhumoti Bank effective from July 01, according to a press release.Prior to this appointment, Mr. Khan held several senior roles at the bank, including of senior executive vice president;...