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New era for Berkshire investors as Buffett hands over baton

2025-05-05 00:00:00

OMAHA, May 04 (Reuters): Berkshire Hathaway shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus and culture but worry about the loss of Buffett's vision and star...

Asian spot LNG prices fall to 1-year low on weak demand

2025-05-05 00:00:00

LONDON, May 2 (Reuters): Prices of Asian spot liquefied natural gas (LNG) fell this week to a new one-year low on weak demand and as trade wars raise concerns over long-term Asian demand.The average LNG price for June delivery into...

Padma Bank's 125th Board meeting held

2025-05-05 00:00:00

The Board meeting of Padma Bank PLC was held recently, with its Chairman Md. Shawkat Ali Khan in the chair. The meeting was conducted by Padma Bank Chief Executive Officer Kazi Md. Talha (Current Charge). Directors of Padma Bank --...

FSIB hosts 'Retreat Programme' for executives

2025-05-05 00:00:00

First Security Islami Bank PLC (FSIB) organised a two-day `Retreat Program' for Executives at its Training Institute Saturday. Mohammad Abdul Mannan, Chairman of the bank, was present as the chief guest while Abu Reza Md. Yeahia, Managing Director (Current Charge),...

RUPALI BANK RELOCATES ITS HEAD OFFICE

2025-05-05 00:00:00

Rupali Bank PLC has temporarily relocated its head office to the Eunoos Trade Centre at Dilkusha in Dhaka due to ongoing renovation and retrofitting of its existing premises. Managing Director of the bank Kazi Md Wahidul Islam along with other...

Jamuna Bank signs Agreement with Universal Medical College & Hospital

2025-05-05 00:00:00

Jamuna Bank PLC and Universal Medical College & Hospital Limited signed a Corporate Health Agreement at Jamuna Bank Tower in Dhaka recently. The agreement was signed by Mirza Elias Uddin Ahmed, Managing Director & CEO of Jamuna Bank, and Dr....

Islami Bank launches month-long campaign-

2025-05-05 00:00:00

Islami Bank Bangladesh PLC launched a month-long campaign on 'NPL Recovery and Deposit Mobilisation.' Md. Omar Faruk Khan, managing director (current charge) of the bank, inaugurated the campaign as the chief guest at Islami Bank Tower recently. Md. Altaf Hossain,...

MIDLAND BANK INAUGURATED ASHULIA SUB BRANCH

2025-05-05 00:00:00

Midland Bank PLC (MDB) inaugurated its Ashulia Sub-Branch at Ashraf Plaza, East Jamgora, Savar, Dhaka, on Sunday. Md Ahsan-uz Zaman, Managing Director & CEO of the bank, inaugurated the sub-branch as the chief guest along with other officials and guests.

bKash launches Mother's Day campaign

2025-05-05 00:00:00

bKash is offering an exciting chance to enjoy dinner with actress Mehazabien Chowdhury at a luxurious five-star hotel, along with mother, by sharing special moments together through photos and short stories. Marking this year's Mother's Day, bKash has launched 'Magical...

ADB scales up food security support to $40b for Asia-Pacific

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

The Asian Development Bank (ADB) on Sunday announced plans to expand its support to long-term food and nutrition security in Asia and the Pacific by US$26 billion, bringing its total funding for food security initiatives to $40 billion over 2022-2030.The...

Canadian businesses urged to invest in Mirsarai Economic Zone

2025-05-05 00:00:00

Canadian businesses can make profit by investing in the Mirsarai Economic Zone in Chattogram, which offers long-term land allocation for industrial use, said Commerce Adviser Sk Bashir Uddin.He said this during a meeting with the visiting Indo-Pacific trade delegation from...

Saudi chemicals group SABIC reports Q1 net loss of $323 million

2025-05-05 00:00:00

Saudi chemicals giant SABIC on Sunday reported a first-quarter net loss of 1.21 billion Saudi riyals ($323 million), citing a rise in operating costs and high feedstock costs, reports Reuters.That compared to a profit of 0.25 billion riyals in the...

Trade turmoil poses serious risks to global growth: HSBC

2025-05-05 00:00:00

LONDON, May 4 (Reuters): Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international banks to provide the medium term outlook effectively, HSBC Chairman Mark Tucker said on Friday.Speaking at the bank's...

Trump budget proposes slashes to renewable energy, farms, EPA

2025-05-05 00:00:00

WASHINGTON, May 4 (Reuters): US President Donald Trump's administration on Friday proposed cutting billions of dollars in federal funding next year for projects including renewable energy and electric vehicle chargers, and gutting programs aimed at curbing climate change.The proposal to...

gadgets & services 2025-05-05

2025-05-05 00:00:00

bdapps innovation summit launches toempower aspiring techpreneurs The bdapps Innovation Summit 2025 is going to be launched today with a call to action for aspiring techpreneurs and early-stage developers across Bangladesh. The summit aims to discover and scale visionary Android...

High telecom taxes threaten Bangladesh's digital future

SAQIB AHMED | 2025-05-05 00:00:00

As the national budget for the fiscal year 2025-26 draws near, signs are emerging that the government will continue its long-standing policy of imposing a heavy tax burden on the telecom sector. For years, telecom operators have appealed for a...

Missed Connection: why Bangladesh's mobile number portability never delivered on its promise

RIAZ UDDIN HRIDOY | 2025-05-05 00:00:00

When Mobile Number Portability (MNP) was introduced in Bangladesh in October 2018, it was hailed as a game-changer. Consumers, long stuck with underperforming operators, finally had the freedom to switch networks without losing their mobile numbers. The reform promised to...

When technology listens to customers

2025-05-05 00:00:00

The 21st century heralds an era where Artificial Intelligence (AI) is not only deemed as a mere innovation rather a revolutionary force forging new paths for businesses, society, and interpersonal communication. Central to this wave of technological transformation is the...

There are more candidates for GI recognition

Neil Ray | 2025-05-05 00:00:00

The GI (Geographical Identification) recognition for the Sundarbans' honey, Munshiganj's patkheer and Narsingdi's latkon comes as highly savouring news to the people. But these were not the only produce and products. Altogether 24 such items with their origins in certain...

Filtering fact from fiction in media

Syed Fattahul Alim | 2025-05-05 00:00:00

After free and fair election, press freedom is the next most pressing issue that concerns the Western powers when it comes to evaluating the socio-political condition of their client nations in the South. Then come human rights, gender rights and...

Unlocking potential of freelancing

2025-05-05 00:00:00

It is disheartening that at a time when Bangladesh is in dire need of US dollars, many of the country's freelancers opt for keeping a significant portion of their income in foreign banks instead of remitting the money back home....

Tackling renewable energy's critical dimensions

Muhammad Zamir | 2025-05-05 00:00:00

Renewable energy, also called green energy, is made from renewable natural resources that are replenished on a human timescale. Some also consider nuclear power a renewable power source, although this is controversial, as nuclear energy requires mining uranium, a nonrenewable...

Vegetable farming sans use of soil on the rise in Pabna

OUR CORRESPONDENT | 2025-05-04 12:00:00

OUR CORRESPONDENTPABNA, May 03: An entrepreneur in the district has created a new history in agriculture by producing quality vegetable seedlings following a new method.Many people are now following the agriculture method of successful entrepreneur Anisur Rahman.Different types of vegetables...

Tidal surge triggers fresh soil erosion along Marine Drive

OUR CORRESPONDENT | 2025-05-04 12:00:00

OUR CORRESPONDENTCOX'S BAZAR, May 03: Tidal surge has caused a fresh spell of soil erosion along the last part of the Cox's Bazar-Teknaf Marine Drive in recent times. In the last three days, tidal waves from the Bay of Bengal...

Rain likely today ..--'';;,

2025-05-04 00:00:00

Rain/thunder showers with lightning flashes and temporary gusty wind is likely to occur at one or two places over Rangpur, Rajshahi, Dhaka, Mymensingh, Khulna, Barishal, Sylhet and Chattogram divisions in the next 24 hours from 06:00 am today (Sunday), according...

Army chief leaves for Qatar on official visit

2025-05-04 00:00:00

Chief of Army Staff General Waker-Uz-Zaman left Dhaka on Saturday for Qatar on an official visit, reports BSS.During the visit, the Army Chief will pay courtesy calls on senior military and civilian officials of Qatar and exchange views on bilateral...

DSCC launches special mosquito control drive

2025-05-04 00:00:00

The Dhaka South City Corporation (DSCC) has carried out a special mosquito control and cleanliness drive deploying a team of 500 mosquito control and sanitation workers, reports BSS.The initiative was conducted on Saturday in Khilgaon and North Shahjahanpur under the...

Faculty members and graduates of Gazipur Agricultural University (GAU) brought out a colourful procession

2025-05-04 00:00:00

Faculty members and graduates of Gazipur Agricultural University (GAU) brought out a colourful procession on the campus recently marking "Graduation Day 2025"

Journos must be able to work without fear: MFC member states

2025-05-04 00:00:00

Members of the Media Freedom Coalition (MFC) in Bangladesh, except the United States, on Saturday said a free, independent, and diverse media is essential for the protection of human rights, strengthening of democratic societies, and the promotion of accountability, reports...

17,694 Hajj pilgrims reach KSA

2025-05-04 00:00:00

FE REPORT A total of 17,694 pilgrims have so far reached the Kingdom of Saudi Arabia (KSA) to perform Hajj.The Hajj management portal (the bulletin) under the Ministry of Religious Affairs on Saturday morning said that 4,564 pilgrims, including government...