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Midland Bank signs deal with Visa to launch "Visa Direct for Account"

2025-06-27 00:00:00

Midland Bank signed an agreement with Visa, a global leader in digital payments, to launch the "Visa Direct for Account."The signing ceremony was held recently. Managing Director of Midland Bank Md Ahsan-uz Zaman presided over the function. Sabbir Ahmed, Country...

BNP delegation visits world's largest EV manufacturing firm in China

2025-06-27 00:00:00

A delegation of Bangladesh Nationalist Party (BNP) has visited the world's largest electric vehicle manufacturer - BYD - in China, reports BSS.BYD is currently one of the largest employment generating companies in the world.The company directly employs about one million...

Padma Bridge marks 3yrs of operation, over Tk 25 billion toll collected

2025-06-27 00:00:00

In the three years since the Padma Bridge opened to traffic, a total of Tk 25 billion (2,500 crore) has been collected in tolls as of Thursday, reflecting the project's significant impact on connectivity and economic activity in southern Bangladesh,...

MIDAS celebrates International MSME Day 2025

FE REPORT | 2025-06-27 00:00:00

With calls to bridge the digital knowledge gap and encourage export-focused ventures, MIDAS celebrated International MSME Day 2025 by rallying women entrepreneurs and other stakeholders under one roof.From trade fair announcements to AI readiness, the event aimed to strengthen grassroots...

Manufacturers take lead in industry-wide transformation

MONIRA MUNNI | 2025-06-27 00:00:00

In a significant step towards environmental sustainability, global apparel and textile manufacturers have launched the Apparel and Textile Transformation Initiative (ATTI), placing manufacturers at the centre of efforts to address climate and environmental challenges across the supply chain. The initiative,...

Greater cooperation between Bangladesh and South Korea stressed

FE REPORT | 2025-06-27 00:00:00

Participants at a programme laid emphasis on a greater cooperation between Bangladesh and South Korea.They also stressed the need for further strengthening collaboration between the two countries especially in the field of infrastructure development. The observations were made an "Infrastructure...

US companies sign Africa deals in 'trade over aid'

2025-06-27 00:00:00

LUANDA, June 26 (AFP): US companies pledged investments in Africa ranging from power lines to digital infrastructure at a business summit that underscored Washington's push for growth through trade not aid, US authorities said Thursday.The deals were agreed at the...

India, US trade talks face roadblocks ahead of tariff deadline

2025-06-27 00:00:00

NEW DELHI, June 26 (Reuters): Trade talks between India and the US have hit a roadblock over disagreements on import duties for auto components, steel and farm goods, Indian officials with direct knowledge said, dashing hopes of reaching a deal...

BBC rolling out paid subscriptions in US

2025-06-27 00:00:00

LONDON, June 26 (Reuters): The BBC is rolling out paid subscriptions in the United States, it said on Thursday, as the publicly-funded broadcaster explores new revenue streams amid negotiations with the British government over its funding.The BBC has in recent...

S Korea’s president urges approval of $22.5b extra budget

2025-06-27 00:00:00

SEOUL, June 26 (AFP): South Korea's President Lee Jae Myung called on parliament on Thursday to approve a $22.5 billion supplementary budget aimed at reviving the economy, in his first address to MPs since taking office.Lee was elected in a...

Shell says not in talks to buy BP

2025-06-27 00:00:00

LONDON, June 26 (AFP): British oil major Shell said Wednesday it was not in talks with BP to acquire its rival, after the Wall Street Journal reported there had been preliminary discussions."This is further market speculation. No talks are taking...

FSIB holds board meeting

2025-06-27 00:00:00

The 304th meeting of the board of directors of First Security Islami Bank (FSIB) PLC was held at the bank's head office in the city on Wednesday. Chairman of the bank Mohammad Abdul Mannan presided over the meeting. FSIB Vice...

MTB FOUNDATION for WATER, SANITATION ACCESS IN LAKSHIMPUR

2025-06-27 00:00:00

MTB Foundation recently launched a "Water Access Hub and Sanitation Facilities" under the project "Jol Torongo" for the vulnerable community of Char Alexander, Lakshmipur, as part of its programmes marking World Environment Day 2025. The project was aimed at catering...

DHAKA BANK OPENS 35TH SUB BRANCH AT HAZRATPUR

2025-06-27 00:00:00

Sheikh Mohammad Maroof, managing director & CEO of Dhaka Bank, formally inaugurated the bank's 35th sub-branch at Hazratpur under Kalatia Branch. Md. Mostaque Ahmed, deputy managing director & CEMO; Tipu Sultan, SEVP & head of Islamic Banking Division, and Altamas...

BATA APPROVES 445pc CASH DIVIDENDS

2025-06-27 00:00:00

The 53rd annual general meeting of Bata Shoe Company (Bangladesh) Limited was held through a digital platform on Thursday. Chairman Mr. Rajeev Gopalakrishnan presided over the meeting. The shareholders approved a total cash dividend of 445 per cent. This includes...

Gulf shares rise as Iran-Israel ceasefire holds

2025-06-27 00:00:00

Stock markets in the Gulf rose in early trade on Thursday, extending gains from the previous sessions amid rising oil prices as a ceasefire between Israel and Iran appeared to be holding, reports Reuters.US President Donald Trump hailed the swift...

Prime Bank's credit rating upgraded to AAA

2025-06-27 00:00:00

Prime Bank's long-term credit rating has been upgraded to AAA which is the highest credit rating assigned by the Credit Rating Agency of Bangladesh (CRAB) in Bangladesh, while the short-term rating was reaffirmed to ST-1.This significant upgrade is a strong...

UCB, BB launch EDP under SICIP in Bogura

2025-06-27 00:00:00

United Commercial Bank PLC (UCB), in partnership with Bangladesh Bank (BB), has recently launched a month-long Entrepreneurship Development Programme (EDP) in Bogura, says a press release. Supported by the Skills for Industry Competitiveness and Innovation Program (SICIP) of the Ministry...

Biman to lease two aircraft soon to meet operational demand

2025-06-27 00:00:00

Biman Bangladesh Airlines is set to lease at least two aircraft in the coming months to address an acute shortage of aircraft and meet growing passenger demand as global manufacturers are unable to deliver new aircraft before 2031, reports UNB."We...

BAT to invest Tk 2.9b to boost capacity of Savar unit

FE REPORT | 2025-06-27 00:00:00

British American Tobacco Bangladesh Company (BATBC) is going to invest Tk 2.97 billion to expand the capacity of its Savar factory following the closure of its factory in the capital.In a stock exchange filing on Thursday, the tobacco manufacturer said...

Profit expected to grow 12pc, with revenue soaring 12 times

FARHAN FARDAUS | 2025-06-27 00:00:00

Legacy Footwear announced a new contract that it signed with a Chinese company to earn an additional revenue of Tk 366 million a year over the next five years. After the disclosure of the price-sensitive information on Thursday, the stock...

Relaxed rules not enough to draw banks' special funds into pooled instruments

MOHAMMAD MUFAZZAL | 2025-06-27 00:00:00

The recent proposal to relax conditions, attached to the special fund, for boosting investments in pooled instruments has elicited an opposing view that banks will refrain from investing unless fund managers are made accountable. A majority of the mutual funds...

Weather (2025-06-27)

2025-06-27 00:00:00

Light to moderate rain/thunder shower is likely to occur at many places over, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Friday). It may also occur at a few places over Rajshahi, Rangpur,...

Traders and onlookers looking at a Catla fish, weighing 21.600 kg

2025-06-27 00:00:00

Traders and onlookers looking at a Catla fish, weighing 21.600 kg, which fishermen caught from the Padma River at Goalanda in Rajbari. The fish was sold at Tk 38,880 at Doulotdia fish market through open bidding on Thursday. — Focus...

New country representative of UNFPA

FE REPORT | 2025-06-27 00:00:00

Catherine Breen Kamkong has joined as the new country representative of the United Nations Population Fund (UNFPA) in Bangladesh. Catherine, an Australian national, has been serving the UN in various capacities since 2011. She brings with her over 20 years...

Week-long joint forces drive nets 385 crime suspects: ISPR

2025-06-27 00:00:00

The defence ministry's inter service public relations directorate (ISPR) on Thursday said military-led joint forces in a weeklong nationwide drive arrested 385 crime suspects like identified terrorists and perpetrators of mob violence, reports BSS."Units under several infantry divisions and independent...

Govt plans separate prisons for drug addicts: Advisor

2025-06-27 00:00:00

The government is planning to set up separate prisons for drug addicts in every division, says Home Advisor Jahangir Alam Chowdhury, reports bdnews24.com.He also said that the Executive Committee of the National Economic Council (ECNEC) has approved a project to...

Monjur Kabir removed as CAAB chairman

FE REPORT | 2025-06-27 00:00:00

Air Vice Marshal Md Monjur Kabir Bhuiyan has been removed from his post as the chairman of the Civil Aviation Authority of Bangladesh (CAAB) and was reassigned to the Bangladesh Air Force.A notification in this regard was issued on Thursday...

6,000 yaba pills seized in city, three arrested

FE REPORT | 2025-06-27 00:00:00

The Dhaka Metropolitan Police (DMP) have arrested three individuals and recovered 6,000 yaba tablets along with 99 kilograms of hashish during separate anti-narcotics operations in the capital.In one raid on Wednesday night, a team of Jatrabari Police Station searched the...

Online tax return filing to begin in July: NBR chief

FE REPORT | 2025-06-27 00:00:00

The submission of individual income tax returns will begin in July this year, National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan announced on Thursday.The earlier start marks a significant shift from last year, when the tax return process...