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Tk 4.0b property of ex-minister Golam Dastagir Gazi attached

2025-07-21 00:00:00

The Criminal Investigation Department (CID) has attached 4,880 decimals of land worth about Tk 4.0 billion belonging to former textile and jute minister Golam Dastagir Gazi.The CID, in a press release on Sunday, informed that it has attached 4,879.92 decimals...

32 Palestinians shot dead trying to reach US group's food distribution sites

2025-07-21 00:00:00

DEIR AL BALAH, July 20 (AP): Israeli troops opened fire Saturday toward crowds of Palestinians seeking food from distribution hubs run by a US- and Israeli-backed group in southern Gaza, killing at least 32 people, according to witnesses and hospital...

Rapid passes launched for Hatirjheel spl, BRTC bus services

FE REPORT | 2025-07-21 00:00:00

After metro rail, rapid passes have now been introduced for bus services, giving bus passengers an opportunity to have a taste of a smart mass transport system. The facility was officially launched on Sunday for Hatirjheel special bus service and...

T-bill yields slip below 11pc as banks shift gears

FE REPORT | 2025-07-21 00:00:00

Yields on Treasury bills (T-bills) dipped below the 11 per cent mark on Sunday, as banks turned to risk-free government securities to park their surplus liquidity amid waning credit demand from the private sector.According to the latest auction results, the...

Commission shares draft consensus with political parties

FE REPORT | 2025-07-21 00:00:00

The National Consensus Commission on Sunday shared the draft consensus with the political parties on the appointment of chief adviser of the caretaker government and asked for immediate response with suggestions if any.The commission prepared the draft based on agreement...

Health project stumbles over plagiarism

JAHIDUL ISLAM | 2025-07-21 00:00:00

The Planning Commission has flagged a proposed Tk 19.66 billion health project for plagiarism in its feasibility study, overlapping activities with another similar project, and inconsistencies in planning and budgeting.The project, titled "Implementation of Unfinished Essential Family Planning, Maternal, Child...

Promote capable, apolitical officers

2025-07-21 00:00:00

Chief Adviser Prof Muhammad Yunus on Sunday urged members of the Army Headquarters Selection Board to promote officers who have demonstrated capable leadership throughout their military careers while remaining above political ideology, reports UNB.The Chief Adviser's instruction came when he...

Govt to fix tariffs for nine power plants after years of anomalies

M AZIZUR RAHMAN | 2025-07-21 00:00:00

The interim government has moved to set rates for nine large power plants that have been selling electricity to the Bangladesh Power Development Board (BPDB) without official tariff approval. However, the power plants in question are owned by the state-run...

Prayer Timings (2025-07-21)

2025-07-21 00:00:00

Four cases filed over Gopalganj deaths

2025-07-21 00:00:00

Police have initiated four murder cases over the deadly violence surrounding a National Citizen Party rally in Gopalganj, reports bdnews24.com.Each of the cases list 1,400-1,500 unidentified members of the Awami League and its affiliated groups.On Sunday, Gopalganj Sadar Police chief...

BD to import 0.7m tonnes of US wheat annually

FE REPORT | 2025-07-21 00:00:00

Bangladesh has signed a Memorandum of Understanding (MoU) with the United States to import 0.7 million tonnes of high-quality wheat annually from the US over the next five years at competitive prices.This step was taken to deal with the new...

Value of BB-held gold, silver reserves surges

JASIM UDDIN HAROON | 2025-07-21 00:00:00

Bangladesh's reserve precious metals' value has nearly doubled, driven largely by a surge in global gold prices amid decline in value of reserve-currency dollar, central bankers and economists say.According to Bangladesh Bank's latest annual report released last week, the combined...

Tigers thump Pakistan in first T20I

2025-07-21 00:00:00

Fast bowlers Taskin Ahmed and Mustafizur Rahman rocked Pakistan for 110 before opener Parvez Hossain hit an unbeaten 50 as Bangladesh won the first Twenty20 international by seven wickets in Dhaka on Sunday, reports AFP.Taskin finished with 3-22 while Rahman...

BGMEA hiring US lobbyists for retaliatory-tariff removal

FE REPORT | 2025-07-21 00:00:00

Bangladesh's apparel apex body unveils move to hire US lobbyists to leapfrog retaliatory tariffs as business leaders, economists and experts take exception to interim government's handling of the staggering negotiations with the United States. Addressing a roundtable discussion titled 'US...

Dhaka mulls US tariff concessions to boost bilateral trade

FE REPORT | 2025-07-21 00:00:00

Bangladesh is considering granting greater duty exemptions on products imported from the United States to boost bilateral trade and reduce the existing imbalance between the two countries, according to sources.The proposal came up during the second and final inter-ministerial meeting...

Outbound container-handling charges set to surge 81pc

SYFUL ISLAM | 2025-07-21 00:00:00

Container-depot owners have announced a steep hike in charges of outbound goods-laden box handling up to 81 per cent which exporters term a fresh blow amid troubling reciprocal- tariff tussle with the United States.Bangladesh Inland Container Depots Association (BICDA) has...

Canada's steel import duties violate WTO rules, says China

2025-07-21 00:00:00

OTTAWA, July 20 (Reuters): The Chinese embassy in Ottawa criticized duties slapped by Canada this week on Chinese imported steel, saying on Friday they violated World Trade Organization (WTO) rules and disrupted the global trade order.The embassy statement, in response...

Walmart Mexico's market value sheds $3.7b after Q2 profit dip

2025-07-21 00:00:00

MEXICO CITY, July 20 (Reuters): Walmart's Mexico and Central America unit, known as Walmex (WALMEX.MX), saw some $3.7 billion wiped from its market value on Thursday after the retailer posted weaker-than-expected margins for its second quarter, although revenues grew.The stock...

Copper hits one-week high on Chinese buying

2025-07-21 00:00:00

LONDON, July 20 (Reuters): Copper climbed to a more than one-week high on Friday, driven by Chinese buyers, hopes for a US-China trade deal, and higher risk appetite among other investors.Three-month copper on the London Metal Exchange gained 0.8% to...

Union Bank holds 47th meeting of the new board

2025-07-21 00:00:00

The 47th Board Meeting of the newly formed Board of the Directors of Union Bank PLC was held at the bank's Head Office in Dhaka on Sunday. Chairman of the Board of the Directors of the bank Md Fariduddin Ahmed...

BENGAL COMMERCIAL BANK SIGNS MOU WITH NATIONAL PENSION AUTHORITY

2025-07-21 00:00:00

The Bengal Commercial Bank and the National Pension Authority (NPA) signed an MoU under which the registration fees and monthly installments of the Universal Pension Scheme can now be deposited at all branches and sub-branches of bank. Tarik Morshed, Managing...

Shimanto Bank inks deal with National Pension Authority

2025-07-21 00:00:00

Shimanto Bank signed an MoU with National Pension Authority recently. Under this MoU, Shimanto Bank will act as a Banking Service Provider for the collection of pension registration fees and monthly installments. Pension subscribers will be able to deposit registration...

BSCL becomes official reseller of Starlink

2025-07-21 00:00:00

Bangladesh Satellite Company Limited (BSCL) has been designated as the official reseller of Starlink internet services in the country.The announcement was made during a joint press conference held in Dhaka recently to mark the official launch of Starlink services in...

Southeast Bank, NSU launch VISA Co-Branded Credit, Prepaid Cards

2025-07-21 00:00:00

Southeast Bank and North South University have officially launched an exclusive VISA Co-Branded Credit and Prepaid Card on the NSU campus in Dhaka recently. The inaugural ceremony was attended by Dr. Abdul Hannan Chowdhury, vice chancellor of North South University;...

MTB among 'Top Sustainable Banks of 2024'

2025-07-21 00:00:00

Mutual Trust Bank (MTB) has once again been recognised as one of the top 10 sustainable banks in Bangladesh by the Bangladesh Bank, according to a press statement. This prestigious recognition by the Sustainable Finance Department (SFD) of the central...

Prime Bank named 'Best Bank for ESG 2025' third time in a row

2025-07-21 00:00:00

Prime Bank has been named "Best Bank for ESG 2025" in Bangladesh by the prestigious Euromoney Awards for Excellence for the third consecutive year, according to a press statement.Euromoney evaluates institutions across nearly 100 countries each July. The "Best Bank...

Two more listed MFs likely to be converted into open-ended funds

FE REPORT | 2025-07-21 00:00:00

The trustee of two close-ended mutual funds proposed converting them into open-ended funds upon maturity in December this year.The funds -- SEML Lecture Equity Management Fund and Vanguard AML BD Finance Mutual Fund One -- overseen by Strategic Equity Management...

NBR, atomic energy regulator sign MoU to boost trade thru Single Window system

2025-07-21 00:00:00

The National Board of Revenue (NBR) and Bangladesh Atomic Energy Regulatory Authority (BAERA) on Sunday signed a Memorandum of Understanding (MoU) to facilitate the use of the Bangladesh Single Window (BSW) system for import and export trade, reports UNB.Implemented under...

BD Finance's profit down 46pc on lower interest, investment income

FE REPORT | 2025-07-21 00:00:00

Bangladesh Finance's profit plunged 46 per cent year-on-year to Tk 13.18 million in the second quarter through June this year mainly due to a decline in interest earnings and investment income.The non-bank financial institution's consolidated earnings per share stood at...

NCC Bank looks to AI for better serving tech-savvy customers

JUBAIR HASAN | 2025-07-21 00:00:00

To expand its digital footprint and better serve a growing population of tech-savvy customers, NCC Bank PLC plans to roll out artificial intelligence (AI)-driven banking services, said its Managing Director M Shamsul Arefin.In an exclusive interview with The Financial Express...