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CMSME fair for women entrepreneurs from May 8

2025-05-07 00:00:00

BRAC Bank will participate in a 'Banker-Women Entrepreneur Conference and Product Showcasing Fair' exclusively for women entrepreneurs of cottage, micro, small, and medium enterprises (CMSME).The SME and Special Programmes Department of Bangladesh Bank is organising the exposition to help create...

PRIME BANK HOLDS 30TH ANNUAL GENERAL MEETING

2025-05-07 00:00:00

Prime Bank successfully conducted its 30th Annual General Meeting (AGM) virtually on Monday, May 5. The session was chaired by the bank's board Chairman Tanjil Chowdhury and attended by 258 registered shareholders, board members, and senior officials. Company Secretary Tanvir...

PUBALI BANK SIGNS MOU WITH BANGLADESH BANK

2025-05-07 00:00:00

Pubali Bank signed a memorandum of understanding (MoU) with the Bangladesh Bank to implement an entrepreneurship development programme. The programme, under the Finance Division of the Ministry of Finance, is titled "Skills for Industry Competitiveness and Innovation Program (SICIP)". Bangladesh...

Touhidul Alam Khan new MD of NRBC Bank

2025-05-07 00:00:00

Dr. Md Touhidul Alam Khan joined NRBC Bank as managing director and CEO on May 05.With over 32 years of banking experience and having served as the managing director & CEO of National Bank, he brings a wealth of executive...

Fazlur Rahman elected as AB Bank chairman

2025-05-07 00:00:00

Md. Fazlur Rahman, director of AB Bank, has been elected as the chairman of the bank's board of directors.Prior to this role, he served as the president and managing director of AB Bank, where his visionary leadership guided the institution...

Standard Chartered highlights sustainability initiatives across Bangladesh

2025-05-07 00:00:00

Standard Chartered Bangladesh reaffirmed its long-standing commitment to community development and environmental stewardship by announcing the impact of its sustainability initiatives across six core areas: agriculture, education, entrepreneurship, environment, health, and disaster management, says a statement.Naser Ezaz Bijoy, Chief Executive...

Beach Hatchery's income soars 214pc in Q3 on higher revenue

FE REPORT | 2025-05-07 00:00:00

The shrimp fry producer Beach Hatchery posted a 214 percent year-on-year surge in profit to Tk 77.9 million for the January- March quarter of FY25, driven by higher revenue and a reduction in operating expenses. Its earnings per share (EPS)...

DBH Finance secures "moderate" growth, with defaults below 1pc

FE REPORT | 2025-05-07 00:00:00

DBH Finance secured a "moderate" 2.4 per cent year-on-year increase in profit to Tk 1,008 million in 2024, a year marked by economic and political upheavals, having kept non-performing loans (NPLs) remarkably low. "Our growth is not bad in consideration...

US trade deficit surges to record high

2025-05-07 00:00:00

WASHINGTON, May 6 (Reuters): The US trade deficit widened to a record high in March as businesses boosted imports of goods ahead of tariffs, which dragged gross domestic product into negative terrain in the first quarter for the first time...

ONE Bank holds meeting on National Integrity Strategy

2025-05-07 00:00:00

ONE Bank PLC held a stakeholder meeting on the implementation of the National Integrity Strategy (NIS) at Jashore Branch recently, as part of its efforts to ensure transparency and accountability. Customers, civil society representatives, students and other stakeholders participated in...

Meghna Bank holds 13th Shariah Supervisory Committee meeting

2025-05-07 00:00:00

The 13th meeting of the Shariah Supervisory Committee of Meghna Bank PLC was held at of the bank's head office in Dhaka on Tuesday. Dr. Md. Anwar Hosain Molla, Chairman and Faqih Member of Shariah Supervisory Committee, presided over the...

CA for stronger investment ties with Canada

FE REPORT | 2025-05-07 00:00:00

Chief Adviser Professor Muhammad Yunus on Tuesday welcomed Canada's Indo-Pacific Trade Representative Paul Thoppil at the State Guesthouse Jamuna, where the two sides discussed ways to deepen bilateral economic cooperation and expand investment opportunities.Mr Thoppil, on his second official visit...

ADB partners with global insurers to mobilise $2.75b for Asia-Pacific

2025-05-07 00:00:00

The Asian Development Bank (ADB) has signed an agreement with ten leading global insurers to mobilise up to $2.75 billion of private capital to support ADB's lending for sustainable growth in Asia and the Pacific.The Master Framework Agreement for Sustainable...

Thermal coal prices hit 4-yr low in Asia as China imports wane

2025-05-07 00:00:00

LAUNCESTON, Australia, May 6 (Reuters): Asia's seaborne thermal coal prices have slumped to four-year lows as the region's heavyweight buyers China, India and Japan all import less of the power-station fuel.Prices for the main grades of thermal coal shipped from...

Copper buoyed by softer dollar, focus on tariff tensions

2025-05-07 00:00:00

LONDON, May 6 (Reuters): Copper prices rose on Tuesday as the dollar eased but weighing on sentiment was the prospect of slowing global growth and demand due to US import tariffs and a trade war between China and the United...

Gold rises nearly 2.0pc, spotlight on Fed meet

2025-05-07 00:00:00

Gold prices rose to a two-week high on Tuesday, supported by post-holiday buying from China and concerns over potential US tariffs on pharmaceutical imports, while investors await the outcome of the Federal Reserve's policy meeting, reports Reuters.Spot gold rose 1.8...

Palm oil futures fall for sixth day

2025-05-07 00:00:00

JAKARTA, May 6 (Reuters): Malaysian palm oil futures reversed gains on Tuesday, continuing their decline for the sixth straight session, weighed down by weaker rival oils at the Dalian and Chicago markets, while the market focus shifted to the production...

Oil climbs 3pc as price drop triggers buying

2025-05-07 00:00:00

LONDON, May 6 (Reuters): Oil gained more than $1.50 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by OPEC+ to boost output sent prices down in the previous session, although concerns about a market...

Why walking is the ultimate wellness hack

SAMIN SHAHAN RAHMAN | 2025-05-07 00:00:00

In a world full of fancy fitness gadgets, tough workout plans, and complicated health advice, something straightforward is becoming popular again: walking. It sounds easy, but just putting one foot in front of the other is a great way to...

Beauty standards in the age of Social Media

UMME HABIBA | 2025-05-07 00:00:00

"Remember that what you see online is just a highlight reel - it's not real life," says Samrin Hoque, an Instagram influencer. Daily, we scroll through endless pictures of perfect bodies, glowing skin, and flawless lives. It can sometimes feel...

MoU signed for smooth payments to QatarEnergy

2025-05-06 12:00:00

State-owned Bangladesh Oil Gas and Mineral Corporation (Petrobangla) has signed a Memorandum of Understanding (MoU) with Bangladesh Krishi Bank to make its 50 per cent invoices payments of LNG imported from QatarEnergy, reports UNB.As per the contract, signed on Monday...

Kane finally ends trophy drought

2025-05-06 12:00:00

BERLIN, May 05 (Reuters): England forward Harry Kane finally ended his career-long trophy drought on Sunday after securing the Bundesliga title with Bayern Munich in his second season at the club.The England captain, who two weeks ago broke a league...

Scrap 635mw coal-based power plant at Matarbari

FE REPORT | 2025-05-06 00:00:00

Some 144 civil society organisations (CSOs) across the country jointly submitted letters Monday to the Advisers of the Ministries of Finance, Environment, Forest and Climate Change, Power, Energy and Mineral Resources (MPEMR), and the Coal Power Generation Company Bangladesh Limited...

Trump threatens 100pc tariff

2025-05-06 00:00:00

NEW YORK, May 5 (AP): President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S.In a post Sunday night on his Truth Social platform, Trump said he has authorized the Department of...

Arable land protection law to be enacted in two months: Adviser

FE REPORT | 2025-05-06 00:00:00

The proposed Land Zoning and Protection Act is likely to be enacted within the next couple of months, Syeda Rizwana Hasan, adviser of the ministries of environment, forests, climate change, and water resources, said on Monday."We are hopeful that we...

ACC files cases against Papon, his wife

FE REPORT | 2025-05-06 00:00:00

The Anti-Corruption Commission (ACC) has filed two separate cases against Nazmul Hassan Papon, former youth and sports minister and former president of the Bangladesh Cricket Board (BCB), and his wife Roksana Hasan on charges of amassing wealth of Tk 320.75...

Dhaka, Abu Dhabi likely to start talks in May

FE REPORT | 2025-05-06 00:00:00

Dhaka and Abu Dhabi are expected to start first negotiations on the proposed Comprehensive Economic Partnership Agreement (CEPA) within this month, aiming to boost bilateral trade which will help Bangladesh navigate the economic challenges in post-LDC regime, sources said.To this...

Gold prices increase 20th time this year

2025-05-06 00:00:00

The Bangladesh Jewellers Association (Bajus) increased the price of gold again, with the price of pure gold up by Tk2310 per bhori, effective from today (Tuesday), reports UNB.Earlier, Bajus had fixed the 22-carat gold price per bhori at Tk 1,68,976...

Khaleda returns home today

FE REPORT | 2025-05-06 00:00:00

BNP chairperson Khaleda Zia is scheduled to return home this morning from London, according to party sources.BNP acting chairman Tarique Rahman, son of Khaleda Zia, already bade her farewell in London on Monday.Khaleda Zia will arrive in Dhaka around 10:30am...

BD seeks EU, EIB investment in vital dev sectors

FE REPORT | 2025-05-06 00:00:00

Bangladesh seeks foreign investments in vital development sectors at high-level talks held in Italy for deepening cooperation with key international financial partners, including the EU and the European Investment Bank. On the sidelines of the 58th Annual Meeting of the...