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Finnish cos eye collaboration with Bashundhara

2025-04-10 12:00:00

FE Report Finnish companies are keen to expand businesses with Bashundhara Group focusing on engineering, technology, energy and sustainable development, says the envoy of the North European country."Bashundhara Group already has cooperation with a number of Finnish companies, which we...

China University team visits BARI

2025-04-10 12:00:00

A delegation from the College of International Education, Northwest A&F University (NWAFU), China, visited Bangladesh Agricultural Research Institute (BARI) on Wednesday.BARI scientists and officers welcomed the China delegation. BARI Director General Dr. Md. Abdullah Yousuf Akhond gave a welcome address...

Krishi Bank holds lottery draw of 'Remittance Festival 2025'

2025-04-10 12:00:00

Krishi Bank holds lottery draw of 'Remittance Festival 2025' Bangladesh Krishi Bank successfully conducted lottery draw of the second phase of the 'Remittance Festival 2025' on the occasion of Eid-ul Fitar at the bank's boardroom on Tuesday. Managing Director of...

Union Bank holds Board Meeting--

2025-04-10 12:00:00

Union Bank holds Board MeetingThe 26th 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 Wednesday. Chairman of the bank Md. Fariduddin Ahmed presided over...

BIDA, MoC, ILO, UNDP ink letter of intent to promote trade, investment

2025-04-10 12:00:00

Bangladesh Investment Development Authority (BIDA), Ministry of Commerce (MoC), International Labour Organization (ILO), and the United Nations Development Programme (UNDP) inked a Letter of Intent (LoI) on Wednesday for promoting trade and investment for sustainable and inclusive growth, reports BSS.Chowdhury...

Japan to sell more rice reserves as prices soar

2025-04-10 12:00:00

TOKYO, April 9 (AFP): Japan will sell more rice from its emergency stockpile through July in an attempt to stabilise soaring prices, the agricultural minister said Wednesday.After rice prices nearly doubled year-on-year, the government began auctioning its stockpile last month...

Gold climbs 2pc amid tariff war

2025-04-10 12:00:00

Gold prices gained more than 2 per cent on Wednesday, supported by a decline in the dollar and safe-haven inflows amid escalating US-China trade tensions after Beijing announced more levies on US goods, reports Reuters.Spot gold was up 2.2 per...

Oil prices plummet on China's retaliation against US tariffs

2025-04-10 12:00:00

Oil prices plunged as much as 7 per cent on Wednesday, hitting fresh four-year lows before recovering some ground, after China announced additional tariffs on US goods in retaliation against President Donald Trump's tariff policy, reports Reuters.China will impose 84...

PRAN-RFL to invest in solar power business

2025-04-10 12:00:00

PRAN-RFL, the country's leading business conglomerate, is set to invest in the solar power business. The group will produce renewable energy from solar power at its integrated agricultural farm located in Govindpur, Moulvibazar, says a statement.Initially, the goal is to...

German parties reach deal to form new govt

2025-04-10 12:00:00

BERLIN, Apr 09 (AP): Friedrich Merz, the leader of the centre-right Christian Democratic Union, is expected to become Germany's next leader under the agreement, replacing outgoing Chancellor Olaf Scholz. The parties involved sent an invitation to a news conference on...

China nursing home blaze leaves 20 dead

2025-04-10 12:00:00

BEIJING, Apr 09 (Reuters): Twenty people were killed in a fire that broke out in an apartment for the elderly at a nursing home in China, state media said on Wednesday, while authorities arrested its owner as they investigated the...

Russia, US to hold talks in Istanbul today

2025-04-10 12:00:00

ISTANBUL, Apr 10 (Reuters): A new round of Russia-US consultations will take place today (Apr 10) at the Russian consulate in Istanbul, a diplomatic source said on Tuesday.In February, Russian and US teams held talks in Istanbul to try to...

29 killed in Israel strike on Gaza residential block

2025-04-10 12:00:00

GAZA, Apr 09 (BBC/AFP): At least 29 Palestinians have been killed in an Israeli air strike on a multi-storey residential building in the east of Gaza City, a local hospital says.The Hamas-run Civil Defence agency said warplanes targeted the area...

Iran president pledges no nuclear bomb

2025-04-10 12:00:00

TEHRAN, Apr 09 (AP): Iran's president again pledged Wednesday that his nation is "not after a nuclear bomb" ahead of talks between Tehran and the United States, going as far as dangling the prospect of direct American investment in the...

Reciprocal tariffs, unequal power

2025-04-10 12:00:00

President Donald Trump’s new tariffs, announced on April 2 2025, remind us of a strikingly similar episode from nearly a century ago in 1930, when the United States (US) enacted the Smoot-Hawley Tariff Act—named after Senator Reed Smoot and Representative...

Khalilur Rahman made Nat’l Security Adviser

2025-04-10 00:00:00

Dr. Khalilur Rahman, the Chief Adviser's High Representative on Rohingya and Priority Issues, has been appointed as the National Security Adviser. The Cabinet Division issued  a notification on Wednesday regarding this appointment, as reported by local news portals. Dr. Khalilur...

IMF cuts extra tax revenue target to Tk 510 billion

DOULOT AKTER MALA | 2025-04-10 00:00:00

The International Monetary Fund (IMF) has slightly reduced Bangladesh's requirement of additional tax revenue collection, which was brought down to Tk 510 billion for the next fiscal year.The amount was reduced from the earlier-set amount of Tk 570 billion after...

Court freezes Hasina, family members' Tk 161.25m bank deposits

FE REPORT | 2025-04-10 00:00:00

A Dhaka court on Wednesday ordered to freeze a bank account jointly owned by ousted Prime Minister Sheikh Hasina, her son Sajeeb Wazed Joy, daughter Saima Wazed Putul and her sister Sheikh Rehana, and their affiliated organisation in connection with...

BNP to meet CA on April 16

FE REPORT | 2025-04-10 00:00:00

Bangladesh Nationalist Party (BNP) will hold a meeting with Chief Adviser Dr Muhammad Yunus on April 16 to press the demand for an election roadmap before December.Sources said BNP sought time to discuss various issues, including the next general election.BNP...

BNP gives investors assurance of policy consistency: Khasru

2025-04-10 00:00:00

Pledging to maintain a long-term transparent trade environment, Bangladesh Nationalist Party (BNP) has assured investors of introducing an 'Investor Protection Regulations' to safeguard their rights. "We're giving you assurance of maintaining policy consistency," said BNP Standing Committee Member Amir Khasru...

SSC exams begin today

2025-04-10 00:00:00

The Secondary School Certificate (SSC) and its equivalent examinations for 2025 will begin across the country today (Thursday).This year, a total of 1,490,142 candidates are expected to sit for the examinations under nine general education boards in 2,291 centres in...

Govt to issue Tk 20b Sukuk bond in May

SIDDIQUE ISLAM | 2025-04-10 00:00:00

The government will raise Tk 20 billion by issuing the sixth Sukuk bond in the second-week of next month (May) to implement a development project in the Rajshahi division.The decision was made at the first meeting of the Shariah Advisory...

UK firms willing to invest $50m to help Bangladesh's drive

2025-04-10 00:00:00

FE REPORTUK-based litigation firms have expressed their interest in investing up to $50 million to help recover assets stolen and laundered from Bangladesh during Sheikh Hasina's regime.They showed the intent during Bangladesh Bank (BB) Governor Dr. Ahsan H. Mansur's visit...

Recipients of the Excellence in Investment Award 2025 pose with Chief Adviser Professor Muhammad Yunus

2025-04-10 00:00:00

Recipients of the Excellence in Investment Award 2025 pose with Chief Adviser Professor Muhammad Yunus at the Bangladesh Investment Summit at a city hotel on Wednesday. — PID

ADB considerably cuts BD's growth forecast

FE REPORT | 2025-04-10 00:00:00

The Asian Development Bank (ADB) has significantly cut Bangladesh's economic growth forecast, suggesting necessary reforms by this government to achieve higher growth.It has also drawn a grim picture for Bangladesh as it says the global economic slowdown sparked by the...

China retaliates as Trump tariffs kick in

2025-04-10 00:00:00

China will impose 84 per cent tariffs on US goods from Thursday, up from the 34 per cent previously announced, its finance ministry said on Wednesday, firing the latest salvo in a global trade war sparked by US President Donald...

India cancels transshipment facility for Bangladesh

FE REPORT | 2025-04-10 00:00:00

The Indian government has cancelled the transshipment facility that allowed Bangladesh to use the land customs stations of its neighbour to export cargo to third countries.However, the Indian Ministry of External Affairs (MEA) on Wednesday clarified that the decision would...

Scarcity, high cost of energy, power among key barriers to FDI

FE REPORT | 2025-04-10 00:00:00

Local and foreign investors have identified the high cost and scarcity of energy and power, policy inconsistency, and poor inter-agency coordination as key barriers to foreign investment, urging the government and political leaders to take immediate corrective measures.However, the policymakers...

Islamic problem banks to merge in two large banks

FE REPORT | 2025-04-10 00:00:00

Bangladesh's Islamic-banking sector will be restructured with planned merger of the weakened and struggling ones of the lenders into two large banks to restore stability.Bangladesh Bank Governor Dr Ahsan H Mansur Wednesday announced the plan, now that there have been...

UK allows 92pc BD products duty-free access after 2029

FE REPORT | 2025-04-10 00:00:00

Beyond the current scheme of trade preferences, United Kingdom will continue to provide 92 per cent of Bangladeshi exports duty-free access to the UK market.Baroness Rosie Winterton, UK Trade envoy in Bangladesh, conveyed the assurance at the Bangladesh Investment Summit...