Modhumoti Bank recently signed an agreement with City University at the bank's head office in Gulshan, Dhaka. Mr. Md. Shafiul Azam, managing director and CEO of Modhumoti Bank, and Prof. Mir Akhter Hossain, registrar of City University, exchanged the agreement...
The 15th annual general meeting of Pubali Bank Securities Limited (PBSL) was held at the board room of Pubali Bank's head office through the hybrid method (both physically and virtually). Md. Abdur Razzak Mondal, chairman of PBSL board, presided over...
The government on Tuesday signed a supplementary loan agreement with the Korea Eximbank on a maritime project involving USD 6.26 million, reports UNB.The funding will go toward the Establishment of Global Maritime Distress and Safety System (GMDSS) and Integrated Maritime...
Consumers Association of Bangladesh (CAB) on Tuesday urged the government to take strict action against the Soybean oil syndicate as 'edible oil is going beyond the reach of consumers due to the manipulation of syndicates' in the domestic market.In a...
FE REPORT | 2025-04-23 00:00:00
The stock market regulator has formed a three-member panel to look into the IPO (initial public offering) fund utilisation of ADN Telecom, particularly in land development and investment in Hi-Tech Park.The panel led by Md Mustafizur Rahman, deputy director of...
FE REPORT | 2025-04-23 00:00:00
Bangladesh Submarine Cables' profit grew 18 per cent year-on-year to Tk 478 million in the third quarter (Q3) through March this year, mainly due to higher revenue and lower operating expenses.The state-run entity's diluted earnings per share (EPS) stood at...
FE REPORT | 2025-04-23 00:00:00
The securities regulator has assured stockbrokers of considering their proposal with 'importance' regarding extension of the timeframe for provisioning against negative equity and unrealized losses.The assurance came on Tuesday as representatives from top 20 brokers met the top brass of...
NCC Bank has introduced a new banking product called 'Freelancer Account' to support freelancers. This account is designed to provide financial solutions that empower freelancers and contribute to financial inclusion in the national economy. The NCC Freelancer Account comes with...
Guardian Life Insurance Limited has settled insurance claims amounting to around Tk 1.29 billion in the first quarter (Q1) of 2025, says a statement. The total settlement includes Tk 770 million in death insurance claims and Tk 390 million in...
Mohammad Abdul Mannan, Chairman of First Security Islami Bank PLC, has been elected the Chairman of the Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) at the 69th meeting of the Shariah Board's Executive Committee. The meeting was held...
BRAC Bank has signed a remittance agreement with Australian fintech company, QuiqSend, to provide convenient app-based remittance sending experience to wage earners in the country, says a statement. Techwest Pty Ltd (Trading as QuiqSend), a new money transfer startup, provides...
Even though Bangladesh witnessed record-breaking remittance inflows in recent times, eight banks failed to attract a single penny from expatriates, reports UNB.The banks with zero remittance receipts include two state-owned institutions -- Bangladesh Development Bank (BDBL) and Rajshahi Krishi Unnayan...
Gold extended its record run on Tuesday, breaching $3,500 per ounce, as weakness in the dollar, U.S. President Donald Trump's attacks on the Federal Reserve and trade war fears boosted demand for the safe-haven asset, reports Reuters.Spot gold was up...
Qatar Minister of State for Energy Affairs Saad bin Sherida Al Kaabi called on Chief Adviser Professor Muhammad Yunus at a hotel in Doha, Qatar, on the sidelines of Earthna Summit on Tuesday.— PID
FE REPORT | 2025-04-23 00:00:00
A joint venture (JV) of two Japanese companies will construct Bangladesh's first deep-sea port at Matarbari in the south-eastern district of Cox's Bazar.In a milestone development in the implementation of the Tk 243.81 billion project, Chittagong Port Authority (CPA) signed...
WAHID SAMI | 2025-04-23 00:00:00
In 2020, when COVID-19 hit, people quickly realised they missed more than just offices and restaurants-it was the in-between, smaller places, the local coffee shop, the community bookstore, and the midnight gym full of regulars. In sociology-speak, these are called...
IFTEKHARUL ISLAM | 2025-04-23 00:00:00
What if Sreemangal, the tea capital of Bangladesh, typically requiring two to three days to explore, could be fully experienced in less than 24 hours? It might sound impossible, but that's precisely what we did. Two days after Eid, we...
Bangladesh has seen mixed results from the international boycott of businesses that support Israel's occupation. Other contentious foreign brands continue to operate here without encountering the same level of opposition, despite Coca-Cola reporting a notable 23 per cent drop in...
The Jagannath University (JnU) is one of the most prominent public universities in Bangladesh, with nearly 20,000 students currently enrolled. Despite its academic reputation, the university faces a long-standing and deeply troubling issue: a severe housing crisis.The JnU is the...
Wasi Ahmed | 2025-04-23 00:00:00
The question of whether Foreign Direct Investment (FDI) in Bangladesh's readymade garment (RMG) sector is ultimately beneficial remains unresolved. Industry stakeholders and policymakers have yet to provide a definitive stance. There are foreign collaborations, but not in the form of...
Empowering local governments, which are directly elected by the people, has long been on the agenda of successive governments. So, the recommendations made in this regard by the Local Government Reform Commission (LGRC) in its report do seriously deserve due...
Syed Abul Basher | 2025-04-23 00:00:00
The answer is undoubtedly yes. A sovereign wealth fund (SWF) is a state-owned investment vehicle designed to manage national assets strategically for long-term wealth creation and intergenerational equity. In many ways, SWFs function is similar to how households or families...
MULTAN, Apr 22 (AP): A speeding truck carrying laborers, women and children fell into a ravine in southern Pakistan, killing at least 13 people and injuring 20 others, police said Tuesday.The road accident occurred overnight in Jamshoro district in southern...
BEIJING, Apr 22 (AFP): China is expected to launch a new crewed mission into space this week, as Beijing takes steady steps towards its goal of putting astronauts on the Moon.The Shenzhou-20 mission will blast off from the Jiuquan Satellite...
MOSCOW, Apr 22 (Reuters): Russian President Vladimir Putin, under pressure from Washington to show willingness to make peace in Ukraine, proposed on Monday bilateral talks with Kyiv for the first time in years, and said he was open to more...
NEW YORK, Apr 22 (Reuters): President Donald Trump's public approval rating edged down to its lowest level since his return to the White House, as Americans showed signs of wariness over his efforts to broaden his power, a Reuters/Ipsos poll...
GAZA, Apr 22 (AFP): A Hamas delegation departed for Cairo to discuss "new ideas" aimed at securing a ceasefire in Gaza, an official from the group said, as Israeli air strikes killed 26 people across the territory Tuesday.The renewed effort...
MADRID, Apr 22 (AFP): Real Madrid coach Carlo Ancelotti said striker Kylian Mbappe is poised to return from injury to face rivals Barcelona in the Copa del Rey final on Saturday.Mbappe missed Madrid's win over Athletic Bilbao on Sunday in...
DOHA (Qatar), Apr 22 (BSS): Four Bangladeshi female athletes attended on Tuesday the welcome reception with Qatar Foundation leadership at Mandarin Oriental Hotel here ahead of Earthana Summit.In a historic first, the four national female athletes are accompanying Chief Adviser...
MADRID, Apr 22 (AFP): Rafael Nadal insisted on Monday that he doesn't "miss tennis" after being honoured with a Sporting Icon award at the Laureus World Sport Awards in Madrid.The 38-year-old Spaniard, winner of 22 Grand Slam trophies, including 14...
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