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Singer swings to Q2 profit as lower finance costs offset weak demand

FE REPORT | 2026-07-24 00:00:00

Singer Bangladesh returned to profitability in the second quarter (Q2) ended June 2026, buoyed by higher sales and lower finance costs, although weak consumer demand continued to weigh on its overall business performance.The multinational electronics and home appliance maker posted...

Netherlands to ban trade with illegal Israeli settlements

2026-07-24 00:00:00

The Netherlands is set to ban imports of goods from illegal Israeli settlements in the occupied Palestinian territories, Al Jazeera reports.The Dutch government announced final approval of the decree on Tuesday, which will take effect on Sept 22, according to...

Korean envoy reaffirms BD-Korea industrial partnership

2026-07-24 00:00:00

Jijoon KIM, Ambassador of the Republic of Korea to Bangladesh, on Wednesday reaffirmed Korea's commitment to Bangladesh's industrial development during his visit to the Samsung manufacturing facility of Fair Electronics in Shibpur, Narsingdi.Accompanied by Jungmin Jung, Managing Director of Samsung...

FPMC refuses proposal to replace paddy procurement with rice purchases from millers

YASIR WARDAD | 2026-07-24 00:00:00

The Food Planning and Monitoring Committee (FPMC) had refused a proposal from the Ministry of Food to replace a portion of government paddy procurement from farmers with rice purchases from millers, reaffirming its commitment to supporting growers through direct procurement.The...

AL-ARAFAH ISLAMI BANK HOLDS MEETING WITH HAJJ AGENCY REPRESENTATIVES

2026-07-24 00:00:00

To ensure convenient, secure and timely banking services for Hajj pilgrims, Al-Arafah Islami Bank PLC, one of the country's leading Shariah-based banks, arranged discussion on Hajj management at a city hotel on Wednesday. Secretary of the Ministry of Religious Affairs...

BPGA PRESIDENT HOLDS MEETING WITH MALAYSIAN HIGH COMMISSIONER

2026-07-24 00:00:00

With a view to developing professional golfers in Bangladesh, expanding the scope of international cooperation and future prospects, Mohammed Younus, President of Bangladesh Professional Golfers Association (BPGA) and Chairman of Shahjalal Islami Bank PLC, held a bilateral meeting with Mohd...

UCB EMPLOYEES STAND BY FLOOD VICTIMS

2026-07-24 00:00:00

As part of corporate social responsibility policy, United Commercial Bank PLC (UCB) employees have recently stood by the country's flood victims by donating one day's salary in various areas, including Chattogram and Bandarban. Days of heavy rainfall have caused flooding...

COMMERCIAL BANK OF CEYLON SIGNS CREDIT GUARANTEE AGREEMENT WITH PKSF

2026-07-24 00:00:00

Commercial Bank of Ceylon PLC Bangladesh Operations has signed a Credit Guarantee Agreement with Palli Karma-Sahayak Foundation (PKSF) under the Credit Enhancement Scheme for FY 2026-27, reinforcing its commitment to expanding access to finance and supporting sustainable economic development. The...

TRUST BANK, MULTIBRAND WORKSHOP LTD SIGN MOU

2026-07-24 00:00:00

A Memorandum of Understanding (MoU) has been signed between Trust Bank PLC and Multibrand Workshop Ltd at the bank's head office to provide exclusive automotive service benefits to the cardholders of the bank. Under the agreement, Trust Bank cardholders will...

National Semiconductor Symposium begins tomorrow

2026-07-24 00:00:00

Bangladesh is set to take a significant step toward becoming a globally connected semiconductor and deep-tech innovation hub with the 'National Semiconductor Symposium & BEAR Summit 2026' beginning in Dhaka tomorrow (Saturday).Organised by the Bangladesh Semiconductor Industry Association (BSIA), in...

GRI, BGMEA sign partnership deal

2026-07-24 00:00:00

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Global Reporting Initiative (GRI) have signed a Strategic Partnership Agreement to advance the Improving Transparency for Sustainable Business (ITSB) Initiative in Bangladesh's Textile and Apparel sector, reports BSS.Building on close...

Packaging makers seek export incentives to stay competitive

FE REPORT | 2026-07-24 00:00:00

Manufacturers of packaging and garment accessories have urged the government to introduce cash incentives for both direct and deemed exports, saying the support is essential to safeguard the sector and maintain its competitiveness in global markets.The Bangladesh Packaging and Accessories...

PRI proposes Inclusive Instant Payment System

FE REPORT | 2026-07-24 00:00:00

The Policy Research Institute (PRI) of Bangladesh has proposed the development of an Inclusive Instant Payment System (IIPS) to connect the country's fragmented digital payment ecosystem, arguing that a low-cost, interoperable platform could significantly reduce remittance costs, strengthen financial inclusion,...

Biotech experts want FDA drug reviews based on science, not politics

2026-07-24 00:00:00

MARYLAND, July 23 (Reuters): Biotech experts and industry executives are calling plans by the US Food and Drug Administration-hit by job cuts last year-to hire thousands of employees and update clinical-trial standards encouragingly, but want assurance that politics will not...

One dead, several injured in Czech army helicopter crash

2026-07-24 00:00:00

PRAGUE, July 23 (Arab News): One person died and several were injured on Thursday when a military helicopter crashed in the Czech Republic with five soldiers on board, the army and emergency services said."A Venom helicopter has crashed at the...

Heavy rain and flooding kill 82 across India, Pakistan and Afghanistan

2026-07-24 00:00:00

NEW DELHI, July 23 (Reuters): At least 82 people have died after heavy rains across northeastern India, Pakistan and Afghanistan this week, authorities said, as flooding caused widespread damage to farmland, infrastructure and public facilities.At least 10 people have died...

Top diplomats gather for security forum in Southeast Asia

2026-07-24 00:00:00

MANILA, July 23 (Reuters): Top diplomats from Asia, Europe and North America gathered on Thursday for the security-focused ASEAN Regional Forum in Manila, where ministers were expected to issue calls for a peaceful settlement after renewed and intensifying hostilities in...

Six candidates in race to lead UN set for televised debate

2026-07-24 00:00:00

UNITED NATIONS, July 23 (AFP): The six candidates for United Nations secretary-general will debate Thursday in the symbolic General Assembly Hall, one week before the formal start of a selection process crucial to an organization in deep crisis.With the campaign...

Angry Gen Z protesters say Modi must fix accountability

2026-07-24 00:00:00

NEW DELHI, July 23 (Agencies): Student protests in India demanding education reforms grew on Thursday despite Prime Minister Narendra Modi vowing a crackdown following a string of exam paper leaks.Five Gen Z protesters at the main protest site in the...

KU students lock admin building, suspend classes

2026-07-24 00:00:00

KHULNA, Jul 23 (UNB): Students of Khulna University (KU) on Thursday locked the administrative building and suspended all academic activities, demanding justice over allegations of video recording through a hidden camera inside a female dormitory washroom.The protest followed an incident...

Breached embankments leave Kutubdia residents in hardship

OUR CORRESPONDENT | 2026-07-24 00:00:00

COX'S BAZAR, July 23: Every high tide brings renewed misery to thousands of residents on Kutubdia Island in Cox's Bazar. Even after shutting doors and windows, families cannot keep out the seawater. Saline water rushes through breached coastal embankments, flooding...

France to name Zidane as head coach next week

2026-07-24 00:00:00

PARIS, July 23 (AP): France's new coach will be announced next Tuesday, when Zinedine Zidane is widely expected to replace Didier Deschamps.The French Football Federation said in a statement on Thursday that its president Philippe Diallo will name the coach...

Norway set to make formal complaint to FIFA over Balogun red card saga

2026-07-24 00:00:00

LONDON, July 23 (AFP): Norway's football chief told The Times they are set to make a formal complaint to FIFA over the suspension of Folarin Balogun's World Cup ban because it has put "the whole game at risk".Lise Klaveness, the...

Mustafiz ruled out of The Hundred with hamstring injury

2026-07-24 00:00:00

Bangladesh pace spearhead Mustafizur Rahman will miss the entire 2026 season of The Hundred in England after suffering a hamstring injury, reports BSS.Mustafizur was signed by Birmingham Phoenix for this year's tournament, which began on July 21. However, the franchise...

Tigers eye historic WTC final berth

2026-07-24 00:00:00

Bangladesh have emerged as strong contenders in the race for a place in the 2027 ICC World Test Championship (WTC) Final after completing a 2-0 Test series sweep over Pakistan on home soil in May, reports BSS.Although Bangladesh later lost...

Why were Gavi, Ruiz gifted 150kg of tomatoes after Spain's WC win?

2026-07-24 00:00:00

Spanish stars Fabian Ruiz and Gavi received a rather unusual reward after helping Spain win the 2026 FIFA World Cup.Spain defeated Argentina 1-0 in Monday's (as per BST) World Cup final, turning every member of the squad into a national...

Khaled Mahmud appointed consultant for age-group cricket in Bangladesh

2026-07-24 00:00:00

Former Bangladesh captain turned Bangladesh Cricket Board (BCB) director Khaled Mahmud has returned to the Bangladesh Cricket Board after being appointed consultant for age-group cricket, according to Cricbuzz.Mahmud, who previously served the board in multiple capacities, including as chairman of...

ECB confirms Bangladesh men, women tours for 2027

2026-07-24 00:00:00

The England and Wales Cricket Board (ECB) has confirmed that England will host Bangladesh for a one-off Test at Lord's Cricket Ground next year, report agencies.The match, scheduled to begin on May 28, 2027, will mark Bangladesh's first Test tour...

Stop common room culture

2026-07-24 00:00:00

The common room culture in public universities is a damaging practice that negatively affects the university environment. It disrupts the healthy and enriching atmosphere of student halls, turning them into overcrowded, unsanitary spaces that resemble slums. In fact, the conditions...

How strong is the law against loan defaulters?

2026-07-24 00:00:00

Imagine a weary farmer in a remote village in northern Bangladesh. His face, etched with the deep lines of premature ageing, tells a story of relentless struggle. He took out a loan of a few thousand taka from a local...