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NRBC Bank Participates in Banker-SME Women Entrepreneurs' Fair

2025-05-09 00:00:00

Dr. Ahsan H. Mansur, Governor of Bangladesh Bank, at the NRBC Bank's stall at the four-day Banker-SME Women Entrepreneurs' Assembly, Product Exhibition, and Fair that began on Thursday at the Bangla Academy premises in Dhaka. The fair has been organised...

AI training on journalism starts in Rajshahi

2025-05-09 00:00:00

A four-day training programme on the "AI in Journalism" started at a hotel in Rajshahi city on Thursday, according to a press release. The training is to mark the beginning of an innovative capacity-building initiative in the field of journalism,...

Body of BU official recovered from canal

2025-05-09 00:00:00

BARISHAL, May 8 (UNB): The body of a Barishal University (BU) official was retrieved from a canal adjacent to the campus on Thursday afternoon.The deceased was identified as Nur Islam, deputy director of the Office of the Director of Physical...

PSG finish off Arsenal to reach Champions League final

2025-05-09 00:00:00

PARIS, May 08 (Reuters): Paris St Germain weathered an early Arsenal storm before subduing their battling visitors and marching into the Champions League final with a measured 2-1 second-leg victory on Wednesday to earn them a second shot at Europe's...

Young Tigers win ODI series against Sri Lanka

2025-05-09 00:00:00

Bangladesh Under-19 team won the six-match youth ODI series against Sri Lankan youth team by 3-2 margin after the sixth and final game was washed out due to heavy rain at Colts Cricket Club Ground in Colombo on Thursday, reports...

PCB to reschedule PSL games

2025-05-09 00:00:00

The Pakistan Cricket Board (PCB) will reschedule some of the remaining PSL 2025 matches, as continuing tensions between Pakistan and India disrupt the league's tenth season, according to ESPNcricinfo.The league held an emergency meeting in Islamabad on Thursday, including the...

Mumbai-Punjab IPL match likely to be shifted to Ahmedabad

2025-05-09 00:00:00

NEW DELHI, May 08 (AFP): India's IPL cricket match on Sunday between Mumbai and Punjab has been moved to Gujarat, local media reported Thursday, quoting the state's cricket authorities.The match between Mumbai Indians and Punjab Kings was due to take...

Nahid, Rishad to exit PSL

2025-05-09 00:00:00

Bangladesh cricketers Nahid Rana and Rishad Hossain are returning home early from the Pakistan Super League (PSL) amid growing security concerns following escalating tensions between India and Pakistan, reports UNB.A Bangladesh Cricket Board (BCB) source confirmed the development, saying that...

Uncertainty over Tigers' Pakistan series

2025-05-09 00:00:00

The ongoing cross-border tensions between India and Pakistan have cast a shadow over the Bangladesh cricket team's upcoming tour of Pakistan, reports UNB.The Bangladesh Cricket Board (BCB), however, said they had not yet decided to postpone the tour.On Tuesday night,...

Toyota cites tariffs as it forecasts 35pc net profit drop

2025-05-09 00:00:00

TOKYO, May 08 (AFP): Japanese auto giant Toyota forecast on Thursday a 35 per cent year-on-year drop in net profit for the current financial year, citing Donald Trump's vehicle tariffs among other factors.Carmakers have been among the hardest hit by...

BoE cuts interest rate as US tariffs hit economy

2025-05-09 00:00:00

LONDON, May 08 (AFP): The Bank of England on Thursday cut its key interest rate by a quarter point to 4.25 per cent as the threat of US tariffs starts to weigh on economic growth.The central bank's fourth such reduction...

Market recession: dissecting the signal from the noise

2025-05-09 00:00:00

LONDON, May 8 (Reuters): Global recession risks have shot back up markets' worry list, but the readout from economic data and key financial indicators is not as clear cut as it first appears.A 90-day pause on most reciprocal tariffs unveiled...

Maersk warns global container volumes could drop due to trade war

2025-05-09 00:00:00

COPENHAGEN, May 08 (Reuters): Shipping group Maersk said on Thursday container volumes plunged 30-40 per cent between the US in China in April as a trade war erupted between the world's top economies, and warned a protracted dispute could shrink...

Union Bank holds 33rd board meeting

2025-05-09 00:00:00

The 33rd meeting of the newly-formed board of directors of Union Bank PLC was held at its head office in the city on Thursday. Chairman of the bank Md Fariduddin Ahmed presided over the meeting. Chairman of Risk Management Committee...

Trainers get Agrani Bank certificates

2025-05-09 00:00:00

The concluding ceremony of a 10-day training course on "International Trade, Payment and Finance" organised by the Argani Bank Training Institute (ABTI) of Agrani Bank PLC was held in the city on Thursday. Deputy Managing Director of the bank Md...

Janata Bank holds branch managers conference -

2025-05-09 00:00:00

A divisional branch managers conference of Cumilla and Noakhali of Janata Bank PLC was held at the Bureau of Bangladesh Cumilla Training Centre on Thursday. Chairman of the bank M Fazlur Rahman attended the conference as the chief guest while...

Dubai Int’l Chamber launches representative office in Dhaka

2025-05-09 00:00:00

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the launch of a new international representative office in Dhaka to further strengthen trade and investment relations between the business communities in Dubai...

MUTUAL TRUST BANK INKS DEAL WITH RENATA FOR PAYROLL SERVICES

2025-05-09 00:00:00

Mutual Trust Bank (MTB) recently signed an agreement with Renata for providing payroll banking services to its employees. Syed Mahbubur Rahman, managing director & CEO of MTB, and A K M Shihabul Kabir, senior manager, Human Resources, Manufacturing Sites of...

GCC market capitalisation surpasses $4.2tn

2025-05-09 00:00:00

RIYADH, May 8 (Arab News): Capital markets across the Gulf Cooperation Council surpassed a combined capitalization of $4.2 trillion by the end of 2024, highlighting strong regional economies and sustained investor confidence. The figure was revealed by Jasem Al-Budaiwi, secretary-general...

$58m IFC loan for Renata to help address working capital needs

FE REPORT | 2025-05-09 00:00:00

The International Finance Corporation (IFC) has committed to providing a US$58 million long-term loan to Renata PLC, a leading pharmaceutical company in Bangladesh. The aim is to bolster the country's pharmaceutical sector and its capacity to deliver essential healthcare products.This...

EBL employees conquer Nepal's Mera Peak

2025-05-09 00:00:00

Five employees of Eastern Bank conquered the Mera Peak mountain in Nepal, sponsored by the bank. They ascended the peak of the mountain (6,476 meters above sea level) on April 17, according to a statement.To mark this exceptional feat, EBL...

Paramount Insurance profit up 5pc on cost cuts

FE REPORT | 2025-05-09 00:00:00

Listed non-life insurance company Paramount Insurance showed a 5 per cent year-on-year increase in profit to Tk 4.81 million in its first quarter (January-March) of 2025, supported by lower management and commission costs.The earnings per share (EPS) rose to Tk...

Markets in free fall, then skyrocket: inherent flaws laid bare

FE REPORT | 2025-05-09 00:00:00

The Dhaka bourse on Thursday turned overly upbeat just a day after it showed the highest correction of the prime index in about five years without any significant change on economic or geo-political front. A majority of the stocks recovered...

Trump to announce 'trade deal' with UK

2025-05-09 00:00:00

LONDON, May 08 (AFP): The United States (US) and Britain were reportedly set to announce a trade agreement on Thursday that could have implications for President Donald Trump's tariffs assault, but the scope of the deal could be limited. The...

Gopalganj's traditional 'Bronze Jewellery' gets GI recognition

2025-05-09 00:00:00

GOPALGANJ, May 8 (BSS) : The traditional 'Bronze Jewellery' of Muksudpur upazila of the district has been recognised as a Geographical Indication (GI) product of Bangladesh.It has become the second product of the district to achieve this recognition. Earlier, Gopalganj's...

First Security Islami Bank 296th board meeting held

2025-05-09 00:00:00

The 296th meeting of Board of Directors of First Security Islami Bank PLC was held on Tuesday at FSIB Head Office, Dhaka with Mohammad Abdul Mannan, Chairman of the Board, in the chair. Md Azizur Rahman, Vice Chairman, Md. Abdul...

SHIMANTO BANK INKS MOU WITH SEA PRINCESS HOTEL

2025-05-09 00:00:00

Shimanto Bank recently signed a memorandum of understanding (MoU) with Sea Princess Hotel at the bank's head office. Under the agreement, all debit and credit card holders, along with Shimanto Bank's employees, will be entitled to exclusive discounts on services...

Guardian Life partners with Red Sea Gateway

2025-05-09 00:00:00

Guardian Life Insurance Limited recently signed an agreement with Red Sea Gateway Terminal (RSGT) to provide comprehensive life and medical benefits to all its employees, says a press release. The agreement was signed by Erwin Hazze, Chief Executive Officer of...

Allow import of cars older than five years: BARVIDA

FE REPORT | 2025-05-09 00:00:00

Used car dealers have urged the government to allow import of vehicles older than 5.0 years to boost collection of state revenue and the market growth as well. "If the current import policy is revised to permit import of cars...

Three advisers visit project site to assess work progress

FE REPORT | 2025-05-09 00:00:00

Three advisers to the interim government on Thursday visited the Third Terminal of the Hazrat Shahjalal International Airport (HSIA) in Dhaka to assess the progress in construction work of the country's largest aviation facility.Civil Aviation and Tourism Adviser Sheikh Bashir...