Bangladesh and Bhutan are seeking to strengthen bilateral trade ties, with a particular focus on agricultural products such as fruits, vegetables and spices, reports UNB.Business leaders from both nations emphasised the importance of expanding mutual cooperation to unlock the trade...
FE REPORT | 2025-04-24 00:00:00
ICB Capital Management has proposed removing double taxation that erodes merchant banks' profits in the absence of the scope of adjusting source tax during the filing of tax returns. The merchant bank in a letter to the Financial Institutions Division...
As part of its strategic commitment to support the SME and microfinance sectors in Bangladesh, City Bank has appointed two of its senior leaders Md. Nurul Azam Mozumder and Kamrul Mehedi as deputy managing directors (DMDs), according to a statement.Md....
As part of its strategic commitment to support the SME and microfinance sectors in Bangladesh, City Bank has appointed two of its senior leaders Md. Nurul Azam Mozumder and Kamrul Mehedi as deputy managing directors (DMDs), according to a statement.Md....
FE REPORT | 2025-04-24 00:00:00
Bata Shoe has reported a 26 per cent lower profit of Tk 296 million for 2024, compared to the year before, as sales dropped amid persistent economic and political instability.Loss of working days due to "unforeseen events" in the country...
FE REPORT | 2025-04-24 00:00:00
A group of stock investors took to the streets once again on Wednesday in protest against the continuous market fall and inaction of the securities regulator.The prime index of the Dhaka Stock Exchange (DSE) plunged 183 points in the past...
NEW YORK, Apr 23 (AFP): Boeing reported a smaller than expected quarterly loss Wednesday, while confirming targets to raise commercial plane production as it bolsters its safety efforts following major incidents.The aviation giant reported a loss of $123 million in...
BRUSSELS, Apr 23 (Reuters): Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.The...
COLOMBO, Apr 23 (AFP): About a quarter of cash-strapped Sri Lanka's population was living in poverty despite the economy making a "remarkable recovery" from its worst financial meltdown, the World Bank (WB) said on Wednesday.The South Asian nation's growth surpassed...
Gold on Wednesday extended its retreat from an all-time high, as appetite for riskier assets improved after President Donald Trump said he has no plans to fire the US central bank chief and also signalled progress with China on the...
Shimanto Bank PLC has recently signed a Memorandum of Understanding (MoU) with Asgar Ali Hospital at the bank's Head Office. Under this agreement, all Debit and Credit Card holders, as well as employees of Shimanto Bank will be entitled to...
Walton Digi-Tech Industries Limited has launched its new tablet 'Walpad 9G', says a statement.Equipped with cutting-edge features, this tablet offers a great combination of powerful specifications and attractive design at very affordable price. The 'Walpad 9G' tab, which is run...
FE REPORT | 2025-04-24 00:00:00
A business-to-business (B2B) meet between Japan and Bangladesh was held in Tokyo on Tuesday with an aim to foster bilateral trade and investment between the two countries.Fourteen Bangladeshi companies from diverse sectors -- including power, engineering, construction, logistics, shipping, Special...
JAKIRUL ISLAM | 2025-04-24 00:00:00
BRAC Bank is widely recognised as a preferred development partner by multilateral organisations for its capability to deliver inclusive financial solutions that create meaningful and measurable impacts.From securing strategic financing to implementing development-driven innovations, BRAC Bank has consistently demonstrated its...
JAKIRUL ISLAM | 2025-04-24 00:00:00
BRAC Bank is widely recognised as a preferred development partner by multilateral organisations for its capability to deliver inclusive financial solutions that create meaningful and measurable impacts.From securing strategic financing to implementing development-driven innovations, BRAC Bank has consistently demonstrated its...
The Bangladesh Textile Mills Association (BTMA) has called for duty-free access to the United States market for ready-made garment (RMG) products manufactured using US cotton, reports UNB.In a recent letter to Gary Adams, President and CEO of the National Cotton...
Standard Chartered Bank has announced a strategic partnership with Biman Bangladesh Airlines to establish the airline's first Regional Treasury Centre (RTC), says a statement. This initiative marks a major milestone in Biman's financial transformation journey and underscores its commitment to...
FE REPORT | 2025-04-24 00:00:00
Commerce Adviser Sk Bashir Uddin on Wednesday pledged major reforms at the Trading Corporation of Bangladesh (TCB), saying the interim government is implementing initiatives to maximise essential commodities' distribution through the state-run organisation. He admitted that mismanagement during the previous...
MADRID, Apr 23 (AFP): World number one Aryna Sabalenka believes she will have "big chances" to perform well on clay this season, should she recapture the level she showed during last year's Madrid Open final against Iga Swiatek.The Belarusian squandered...
MELBOURNE, Apr 23 (Reuters): Former Test opener Keith Stackpole, a key member of the Australia teams captained by Bill Lawry and Ian Chappell in the 1960s-70s, died of a suspected heart attack on Tuesday at the age of 84.Stackpole played...
MANCHESTER, England, Apr 23 (Reuters): Manchester City's Matheus Nunes scored deep in injury time to salvage a crucial 2-1 Premier League victory over Aston Villa on Tuesday in their breathless chase for a Champions League berth next season.City had been...
SYLHET, Bangladesh, Apr 23 (Agencies): Blessing Muzarabani's nine-wicket match figures and determined batting helped Zimbabwe stun Bangladesh by three wickets in the first match of the two-Test series in Sylhet on Wednesday.It was Zimbabwe's fourth overseas Test victory, which came...
BAGHDAD, Apr 23 (AP): An official invitation to new Syrian President Ahmad al-Sharaa to attend the upcoming Arab League summit in Baghdad has triggered sharp political divisions within Iraq.Al-Sharaa took power after leading a lightning rebel offensive that unseated his...
GENEVA, Apr 23 (AFP): The World Health Organization chief acknowledged Tuesday that US funding cuts had left the UN agency with a huge budget gap, forcing it to slash operations and lay off staff."The sudden drop in income has left...
NEW YORK, Apr 23 (Reuters): More than 200 university and college presidents in a joint statement accused U.S. President Donald Trump's administration of political interference in higher education, banding together after Harvard University said the government was threatening its independence.The...
GAZA, Apr 23 (AP/AFP): An overnight Israeli strike on a school-turned-shelter in Gaza City killed 23 people, as Arab mediators worked on a proposal to end the war with Hamas that would include a five to seven year truce and...
KYIV, Apr 23 (AFP/BBC): Ukrainian President Volodymyr Zelensky called Wednesday for an "immediate, full, and unconditional ceasefire", hours after a Russian drone strike on a bus killed nine and as his top aide met Kyiv's allies in London.Images published by...
KUALA LUMPUR, Apr 23 (Reuters): Palm oil demand from top global buyers China and India is expected to increase as the vegetable oil is now reasonably priced compared to its rivals, the Malaysian Palm Oil Council (MPOC) said on Tuesday.Palm...
LONDON, April 23 (Reuters): Oil prices lost about 1% on Wednesday after Kazakhstan struck a defiant tone about its rising oil output, erasing earlier gains on the back of US sanctions against Iran, falling US crude stocks and President Donald...
NARAYANGANJ, Apr 23 (UNB): Access to clean water, a fundamental human necessity, has become a daily ordeal for thousands of residents in Narayanganj city, as the quality of water supplied through Wasa pipelines continues to deteriorate.Despite having piped connections in...
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