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Russia's export duty on wheat to be $22.29 per tonne from April 23

2025-04-21 00:00:00

MOSCOW, Apr 20 (TASS): The duty on wheat exports from Russia will stand at 1,832 rubles ($22.29) per metric ton from April 23, 2025, according to the Ministry of Agriculture.The duty on the export of barley will total 87.7 rubles...

Small manufacturers of US hope to benefit from tariffs

2025-04-21 00:00:00

NASHVILLE, Tenn, Apr 20 (AP): Drew Greenblatt is fully on board with the Trump administration's use of tariffs to rebalance a global trading system that it says favors foreign companies over US manufacturers.Greenblatt is the president and owner of Marlin...

DHL to suspend global shipments of over $800 to US consumers

2025-04-21 00:00:00

BEIJING, Apr 20 (Reuters): DHL Express, a division of Germany's Deutsche Post, said it would suspend global business-to-consumer shipments worth over $800 to individuals in the United States from April 21, as US customs regulatory changes have lengthened clearance.The notice...

Union Bank holds 28th Board Meeting

2025-04-21 00:00:00

The 28th 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 Md. Fariduddin Ahmed presided over the...

Islami Bank Capital Management Limited holds AGM

2025-04-21 00:00:00

Islami Bank Capital Management Limited (IBCML) organised its 15th Annual General Meeting on Sunday at Islami Bank Tower. Mohammad Khurshid Wahab, chairman of IBCML, presided over the meeting. Dr. M. Masud Rahman, Md. Altaf Hossain, G. M. Mohd. Gias Uddin...

Karmasangsthan Bank holds Business Development Meeting

2025-04-21 00:00:00

Karmasangsthan Bank helds its "Business Development Meeting-2025" in Dhaka on Saturday, with the participation of regional, branch managers and field officers of the bank's Dhaka, Dhaka North, Gazipur and Narayanganj regions. Dr. AFM Matiur Rahman, Chairman and former Secretary of...

Sonali Bank holds Business Conference in Rajshahi

2025-04-21 00:00:00

Sonali Bank PLC, General Manager's Office, Rajshahi and Bogra, jointly organised a Business Conference at a convention hall in Rajshahi on Saturday. MD & CEO of the bank Md. Shawkat Ali Khan attended the event as the chief guest. General...

US eases port fees on China-built ships after industry backlash

2025-04-21 00:00:00

LOS ANGELES, April 17 (Reuters): The Trump administration shielded on Thursday domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and US territories from port fees to be levied on China-built vessels, aiming to revive US shipbuilding.The Federal...

EXIM BANK SIGNS MOU WITH HAAB

2025-04-21 00:00:00

Exim Bank signed a memorandum of understanding (MoU) with the Hajj Agencies Association of Bangladesh (HAAB). The bank's Managing Director (current charge) M Akhter Hossain and Hajj Agencies Association of Bangladesh President Sayed Golam Sarwer inked the deal at a...

MODHUMOTI BANK INKS DEAL WITH MH SAMORITA HOSPITAL

2025-04-21 00:00:00

Modhumoti Bank recently signed an agreement with MH Samorita Hospital & Medical College at the bank's head office in Gulshan, Dhaka. Mr. Md. Shafiul Azam, managing director & CEO of Modhumoti Bank, and Prof. Dr. Md. Abdul Jalil Ansari, principal...

Copyshop hosts 10th episode of 'copykolorob'

2025-04-21 00:00:00

Copyshop, a platform of the advertising and creative communication industry, hosted the 10th episode of Copykolorob, a mentoring session, says a statement. This session featured Arup Irfan, the agency head of digital ad firm Mighty, and one of the best...

Bangladesh's gold price exceeds global market prediction

2025-04-21 00:00:00

The latest hike in gold prices in Bangladesh has pushed the precious metal's value beyond levels anticipated from global market trends, reports UNB.On Sunday, high-quality 22-carat gold was being sold at Tk 167,833 per bhori (11.664 grams), marking the highest...

Sumit Podder Joins MTB Capital as CEO

2025-04-21 00:00:00

Sumit Podder joined as the new chief executive officer (C.C) of MTB Capital, a subsidiary of Mutual Trust Bank.In his 14 year-long career, Sumit Podder led Bangladesh Finance Capital Limited as MD & CEO, according to a statement.Before that, he...

BD Finance labelled as junk stock after record losses

FE REPORT | 2025-04-21 00:00:00

Bangladesh Finance has been downgraded to 'Z' category from 'A' category, effective from Monday, as the company failed to declare dividends for two consecutive years to 2024 amid staggering losses.Stockbrokers and merchant bankers are requested not to provide loan facilities...

China's export controls are curbing critical mineral shipments

2025-04-21 00:00:00

BEIJING, April 20 (Reuters): China's export controls on three metals important across the defence and chip sectors are keeping shipments at historically low levels despite high prices worldwide as Beijing flexes its control over the minerals supply chain.China is the...

Matin Spinning Mills' profit rises over 7pc in Q3

FE REPORT | 2025-04-21 00:00:00

Matin Spinning Mills, one of the largest textile companies in Bangladesh, secured a 7.15 per cent year-on-year growth in profit to Tk 102 million in January-March this year, driven by higher sales.Earnings per share (EPS) stood at Tk 1.05 for...

Moshihor Securities to face actions under laundering act

Farhan Fardaus | 2025-04-21 00:00:00

The securities regulator has asked the Anti-Corruption Commission (ACC) to take actions against Moshihor Securities under the Money Laundering Prevention Act over the largest financial fraud in the history of the capital market. The brokerage firm is accused of embezzling...

AB Bank relocates Rokeya Sarani Branch

2025-04-21 00:00:00

AB Bank has recently relocated its Rokeya Sarani Branch to P.R Tower, 924/1 Begum Rokeya Sarani, Kafrul, Mirpur, Dhaka. Syed Mizanur Rahman, Managing Director & CEO (Acting) of AB Bank, formally inaugurated the new premises with all modern banking facilities....

PRAGATI LIFE INSURANCE HOLDS ANNUAL CONFERENCE

2025-04-21 00:00:00

The Annual Conference 2024 of Pragati Life Insurance PLC was held at a hotel in Cox's Bazar recently. Chairman of the company Khalilur Rahman inaugurated the conference as the chief guest while CEO Md. Jalalul Azim presided over the event....

Meghna Bank Inaugurates Centre for Excellence

2025-04-21 00:00:00

Meghna Bank PLC has recently inaugurated the Centre for Excellence, a dedicated training institute located at Mohakhali, Dhaka. Uzma Chowdhury, Chairperson of the bank, along with other officials inaugurated the Centre for Excellence.

Spot LNG prices at one-year low amid supply disruptions

2025-04-21 00:00:00

SINGAPORE, Apr 20 (Reuters): Asian spot liquefied natural gas (LNG) prices remained at a near one-year low last week, as supply disruptions from three export facilities in the region and some buying interest capped losses fuelled by overall weak demand.The...

Air Astra plans to procure Airbus jets for int'l routes

2025-04-21 00:00:00

Air Astra, the newest privately-owned Bangladeshi airline, seeks to procure three to four Airbus jets to fly international routes two and a half years after its launch, reports bdnews24.com.The company called for proposals involving "Dry/operating lease or outright purchase" of...

ONE Bank joins Partnership for Carbon Accounting Financials

2025-04-21 00:00:00

ONE Bank PLC (OBPLC) has joined the Partnership for Carbon Accounting Financials (PCAF) by signing a Commitment Letter recently to measure and disclose bank's financed emissions, says a statement. Such partnership will assist the bank in measuring its financed emissions...

Selling LNG at a loss not sustainable

2025-04-21 00:00:00

Chairman of the Bangladesh Energy Regulatory Commission (BERC) Jalal Ahmed on Sunday said importing liquefied natural gas (LNG) at Tk 75 per unit and selling it at Tk 12-17 is not a viable long-term solution.Speaking at the closing session of...

Standard Chartered launches Freelancer Account

2025-04-21 00:00:00

Standard Chartered Bangladesh has launched 'Freelancer Account', a tailored banking solution designed to meet the unique needs of the country's vibrant freelance community. This initiative reflects the bank's commitment to empowering independent professionals who are driving Bangladesh's growing digital economy,...

Govt to set up FTA lab to boost trade negotiation skills

REZAUL KARIM | 2025-04-21 00:00:00

The government plans to set up an incubation lab on Free Trade Agreement (FTA) to facilitate effective negotiating before going for any bilateral trade deal.The lab, the first such initiative in the country, is expected to make available relevant materials...

Players of Bangladesh Bridge team pose

2025-04-21 00:00:00

Players of Bangladesh Bridge team pose after qualifying for the World Bridge Championships 2025 in Dubai on Thursday. Bangladesh beat Jordan in the semi-final and secured the spot for the third time. The tournament will be held in Denmark in...

Abahani,Mohammedan, Gazi secure win in DPL Super Six

2025-04-21 00:00:00

Dhaka Abahani Limited, Dhaka Mohammedan SC and Gazi Group Cricketers won their respective super league matches of the Dhaka Premier Division Cricket at the different venues in the capital and adjoining areas on Sunday, reports UNB.Dhaka Abahani Limited maintained their...

Kohli, Padikkal guide Bengaluru to revenge win over Punjab in IPL

2025-04-21 00:00:00

CHANDIGARH, India, Apr 20 (AFP): Virat Kohli and Devdutt Padikkal hit half-centuries to steer Royal Challengers Bengaluru to a seven-wicket win over Punjab Kings in the Indian Premier League on Sunday.Chasing 158 for victory, Bengaluru were propelled by a 103-run...

Tigers face a collapse on day one

2025-04-21 00:00:00

SYLHET, Bangladesh, Apr 20 (AFP): Zimbabwe finished the first day of the first Test in a commanding position at 67-0 after an inspired bowling performance dismissed Bangladesh for 191 runs on Sunday.Trailing only by 124 runs, Zimbabwe have a rare...