KARACHI, Pakistan, June 29 (Reuters): China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said on Sunday.Beijing...
FE REPORT | 2025-06-30 00:00:00
Speakers at a discussion marking International Micro-, Small and Medium-sized Enterprises (MSME) Day 2025 stressed the need for enhanced policy support, easier access to finance, and nationwide expansion of services to strengthen the MSME sector as a key driver of...
FE REPORT | 2025-06-30 00:00:00
Bangladesh's sustained export growth and economic momentum risk being derailed by an outdated logistics system and high transport costs, experts and speakers have warned.At a seminar titled "Enhancing Bangladesh's Logistics Sector for Sustainable Economic Growth" hosted by the Dhaka Chamber...
As Wall Street puts April's tariff shakeout in the rearview mirror and indexes set record highs, investors remain wary of US President Donald Trump's rapid-fire, sometimes chaotic policymaking process and see the rally as fragile, reports Reuters.The S&P 500 and...
BRAC Bank partnered with Visa to launch "Visa Direct for Account", enabling customers to enjoy a faster, more reliable, and cost-effective way for outward international money transfers. This strategic collaboration is expected to revolutionise BRAC Bank's outward remittance capabilities, providing...
Mercantile Bank successfully participated in the proof of concept (PoC) for the "Green LC," executing the bank's first Inland LC on a locally developed blockchain-based digital trade platform. This milestone marks a significant step forward in the bank's digital transformation...
On the eve of the International MSME Day 2025, MTB unveiled an enriched version of MTB Avatar bot to serve SME customers. The bank earlier launched this bot to offer products and banking services. Now, it can help customers with...
Hirose Yasuhiko, Executive Officer, International Marketing, and Anil Kumar Saini, Divisional Manager of Maruti Suzuki India Limited, will arrive in Dhaka on June 30 on a three-day official visit at the invitation of Uttara Motors Limited (UML), the sole distributor...
ACI Motors, the official distributor of Yamaha in Bangladesh, has launched the popular Yamaha Fazer V2 motorcycle in a brand-new and striking Dark Matte Blue colour, says a statement. The official launch was held at a special event hosted at...
Energypac Group hosted a strategic business dialogue to strengthen ties with its banking partners amid ongoing macroeconomic and geopolitical headwinds. The event, Energypac Bankers' Meet, was organised at Gulshan Club in Dhaka recently, bringing together over 150 senior representatives from...
Marking a significant development in Bangladesh's industrial and financial sectors, Deshbandhu Group is set to bring in foreign direct investment (FDI) worth about $370 million. The group also plans to restructure its bank loans through this funding, which amounts to...
FE Report | 2025-06-30 00:00:00
Titas Gas Transmission and Distribution is going to issue 282.75 million non-cumulative preference shares against funds received from the government earlier as share money deposits. The board of directors on Sunday gave its formal approval for the conversion of deposits...
BABUL BARMAN | 2025-06-30 00:00:00
The insurance regulator proposes changing regulations to empower itself to remove chief executive officers from insurance companies for the abuse of power and corruption. If the recommended reforms to the regulations for the appointment to and removal of CEOs from...
There were doubts about the Asia Cup 2025 after the terror attack in Pahalgam, Kashmir. Following the tensions between India and Pakistan, it was not known whether the tournament would go ahead later this year. However, according to a report...
LONDON, June 29 (AP): Coco Gauff and Carlos Alcaraz are helping usher in a new era for tennis.With Wimbledon beginning Monday, the sport's most recent Grand Slam champions are Gauff, a 21-year-old American, and Alcaraz, a 22-year-old Spaniard, who are...
After Najmul Hossain Shanto stepped down as Bangladesh's Test captain, the Bangladesh Cricket Board (BCB) is in a bit of a bind as to who they can turn to next, with no obvious candidates presenting themselves, reports UNB.Bangladesh currently has...
5G-A, AI to transform telecom industry At the MBBF Top Talk Summit during MWC Shanghai 2025, over 150 industry leaders-including telecom executives, AI innovators, and academics-gathered to explore the growing convergence of ICT and AI. Huawei's Executive Director David Wang...
TECHEXPRESS DESK | 2025-06-30 00:00:00
Safety in the digital space nowadays goes far beyond just securing banking or mobile payment apps; it's about safeguarding your entire online footprint. If one of the smartphone appsespecially social media or messaging apps, is compromised, it may pave ways...
Istiaque Mahmud | 2025-06-30 00:00:00
In a digital-first era, artificial intelligence (AI) has become a game-changer in how we create and consume visual contents. From text-to-image generation to hyper-realistic video synthesis, AI's growing capabilities offer new creative frontiers. Yet, like a brush with two ends,...
Smart gadgets have become an everyday part of modern life, offering convenience and opportunities to enhance efficiency and innovation. But behind their sleek designs lies a growing concern: these devices are silently collecting personal data and turning it into corporate...
The interim government has taken the commendable initiative of "Zero Soil" to reduce air pollution caused by dust. Covering exposed soil with green vegetation can significantly reduce dust generation, thereby helping to minimise air pollution. The question, however, is which...
Neil Ray | 2025-06-30 00:00:00
The news that as many as 36 Bangladeshi migrants in Malaysia have been arrested for their involvement in militancy is unsettling to say the least. They were active in introducing Islamic State (IS)-inspired ideology in the host country and formed...
Syed Fattahul Alim | 2025-06-30 00:00:00
Having the requisite amount of foreign currency to meet import bills as well as external debt obligations is a constant challenge being faced by Bangladesh economy. Aside from export of manpower and service, commodity export is the standard affair to...
The government's reliance on domestic and foreign borrowing to bridge its budget deficits is endemic. A significant portion of the domestic borrowing traditionally comes from the banking sector and through the sale of national savings certificates (NSCs). The sale of...
Muhammad Zamir | 2025-06-30 00:00:00
For the past few months the media have been replete with reports of mis-governance in public universities. They have focused on protests against abuse of authority, financial indiscipline, partisanship, politicisation and absence of a truly academic atmosphere. These revelations have...
COLOMBO, June 28 (AFP): Sri Lanka completed a thumping innings and 78-run victory over Bangladesh before lunch on day four of the second Test in Colombo on Saturday, wrapping up the two-match series 1-0.Resuming the day on a precarious 115-6,...
Bangladesh captain Najmul Hossain Shanto has stood by his decision to bat first in the second Test in Colombo but admitted that a poor batting display in the first innings set the tone for the innings-and-78-run defeat to Sri Lanka,...
From Facebook and TikTok to Instagram, we see the same videos everywhere. Whether it's "Tinkerbell Turmeric" or "Me Jalo," the trends are trending. But what is the psychology behind this? What makes people follow these trends?The number one reason is...
FE REPORT | 2025-06-29 00:00:00
The interim government is preparing to offer several onshore blocks in hilly regions to international oil companies (IOCs) under a proposed production sharing contract (PSC), aiming to enhance domestic natural gas production amid rising demand."We are planning to offer onshore...
DOULOT AKTER MALA | 2025-06-29 00:00:00
Entire revenue administration of Bangladesh faces an unprecedented disruption amid agitating-staff-government standoff over reform disagreements, threatening to upend the country's macroeconomic rebound process.Finance officials, economists and businesses worry about immediate and long-term consequences of the deadlock as the two sides...
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