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Financial Literacy Week observed at Prime Bank's Cumilla branch

2025-03-29 00:00:00

Prime Bank PLC successfully observed Financial Literacy Week at its Cumilla branch with a discussion recently at the branch, says a press release.Approximately 150 participants, including common people, farmers, laborers, street vendors, security personnel, small business owners, students, teachers, and...

BGMEA announces completion of RMG workers' payments

2025-03-29 00:00:00

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has announced the completion of wage and allowance payments for workers in the ready-made garment (RMG) sector ahead of Eid-ul-Fitr, reports BSS.Following BGMEA's request, the government took advance measures, instructing banks to release...

Chief Adviser Dr Muhammad Yunus in a photo session

2025-03-29 00:00:00

Chief Adviser Dr Muhammad Yunus in a photo session with Chinese business leaders at The Presidential Beijing Hotel in China on Friday. —PID

BD trade with China heavily imbalanced

FHM HUMAYAN KABIR | 2025-03-29 00:00:00

Bangladesh's foreign trade with China is heavily imbalanced as the country's export to the East-Asian nation has declined in recent years, official data shows.Bangladesh exported goods worth only US$715.379 million to China in the last fiscal year (FY) 2023-24 while...

Asia markets fall as Trump tariff threats weigh

2025-03-29 00:00:00

Asia-Pacific markets mostly fell on Friday as US President Donald Trump's tariff threats kept investors on edge, reports CNBC.Japan's Nikkei 225 lost 1.8 per cent to end the day at 37,120.33, its lowest level in about two weeks, while the...

Global equity funds see strong weekly inflows

2025-03-29 00:00:00

Global equity funds attracted large inflows in the week through March 26 when equity markets initially rebounded on optimism that President Donald Trump's administration would apply tariffs more selectively rather than impose broad trade restrictions, reports Reuters.Investors purchased global equity...

AI startup CoreWeave downsizes US IPO

2025-03-29 00:00:00

CoreWeave reduced the size of its US initial public offering and priced its shares below the indicated range, the AI startup said on Thursday, dampening expectations that the listing would boost investor appetite for IPOs, reports Reuters.The Nvidia-backed company is...

BRAC BANK PARTNERS WITH UNIMART

2025-03-29 00:00:00

BRAC Bank has partnered with Unimart, the country's leading premium supermarket chain, to offer priority checkout counter privileges. Through this partnership, all Premium Banking and Borenno debit cardholders as well as Infinite, Signature, and World credit card users will enjoy...

Stocks edge up ahead of Eid holiday

FE REPORT | 2025-03-29 00:00:00

The benchmark equity index edged up this week ahead of long Eid holiday, as investors showed buying interest in select stocks with short-term gain potential while pre-Eid sell pressure eased.The market will remain closed for nine days from March 28...

Are your workers paid duly before Eid?

Sohel Mia | 2025-03-29 00:00:00

Labor unrest in Bangladesh's industrial sector is a long-standing issue. Particularly before Eid, workers face uncertainty regarding payment of wages, allowances and overtime bills. As they plan to shop for their families and return to their near and dear ones,...

The eternal wanderer has no idea where his journey will end up

Nilratan Halder | 2025-03-29 00:00:00

Human species could evolve to the stage it is now because of its wandering habit. Interbreeding and adaptation helped the cause. It is a continuous journey in search of a better life and living condition. But because religions appeared to...

Raising awareness about modern contraceptive methods for couples

Farhana Hossain | 2025-03-29 00:00:00

Bangladesh is one of the most densely populated countries in the world, with an average of 1,119 people living per square kilometre. The country lacks sufficient resources to meet the overall demands of its vast population. Additionally, the population of...

Trade, investment prospects in a shifting landscape

T I M Nurul Kabir | 2025-03-29 00:00:00

Despite multiple challenges, including natural disasters and political uncertainty, Bangladesh has immense prospects of trade growth and investment. With a track record of resilient economic performance amid challenges, Bangladesh has come a long way from being one of the poorest...

Exorbitant price of branded clothes

2025-03-29 00:00:00

Eid is more than just a holiday; it is a vibrant celebration of joy, unity, and tradition that brings people together across the globe. One of the most cherished customs of this festive season is the excitement of wearing new...

Struggling street vendors

2025-03-29 00:00:00

Street vendors have been an integral part of the urban economy in Bangladesh, offering cheap goods and services to millions. Roadside tea stalls and makeshift garment stalls provide for all sections of income groups. They still provide much more, though,...

Eid magazine: A rich tradition

Tanim Asjad | 2025-03-29 00:00:00

The Muslims worldwide will celebrate Eid-ul-Fitr within two or three days, subject to the appearance of the new moon. In Bangladesh, like all the countries with the Muslim majority, it is the largest annual festival. Along with new attires and...

Reforming law to root out syndicates

2025-03-29 00:00:00

General consumers of Bangladesh, especially members of the Muslim community, had resigned to accepting it more or less as a fact of life that essential commodity prices would go out of their reach before every Ramadan, the holy month of...

Time to look beyond the Paris Accord

Manmohan Parkash | 2025-03-29 00:00:00

The world is in a climate crisis. Despite years of negotiations, promises, and incremental progress, global temperatures are still rising, carbon emissions are still climbing, and the impacts of climate change are becoming more devastating by the day. The Paris...

The epic tragedy of Gaza

Hasnat Abdul Hye | 2025-03-29 00:00:00

Epics are about war, heroes, villains, bravery, suffering, deaths, destructions, betrayal, crime and cruelty — all on a grand scale and spread over a period of time. Rarely have these constituent attributes of tragedy converged around an event in recorded history.  At present, all...

Chinese Exim Bank to support the swap

FE REPORT | 2025-03-28 12:00:00

China's Export-Import Bank would support the proposed relocation of Chinese manufacturing plants to Bangladesh to use the country as a platform for export to third countries.The assurance came from Chairman of the Exim Bank Chen Huaiyu Thursday when he called...

Dhaka seeks relaxed loan terms, relocation of industries

FE REPORT | 2025-03-28 12:00:00

Bangladesh seeks China's support in an array of development and livelihood projects and reduction in interest on Chinese loans from 3.0 per cent to 1.0-2.0 per cent for renewed bilateral cooperation. Also placed a request for waiver of commitment fees...

US to give $73m in aid to Rohingya refugees

2025-03-28 00:00:00

WASHINGTON, Mar 27 (Reuters): The Trump administration said on Thursday it will provide $73 million in new financial aid to Rohingya refugees through the UN World Food Programme, amid concerns that aid cuts could deepen the crisis for the world's...

Putin eyes Dhaka-Moscow ties to strengthen regional security, stability

2025-03-28 00:00:00

Russian President Vladimir Putin has said Bangladesh-Russia relations are based on well-established traditions of friendship and mutual respect, reports UNB."I am confident that they will continue to develop in a productive manner for the benefits of our peoples, and in...

Confident to advance our bilateral economic development

2025-03-28 00:00:00

US President Donald Trump has greeted Chief Adviser Professor Muhammad Yunus and people of Bangladesh on the occasion of Independence Day."On behalf of the American people, I wish you and the people of Bangladesh a happy Independence Day. This time...

Call money rate almost stable on last day before Eid vacation

SIDDIQUE ISLAM | 2025-03-28 00:00:00

The inter-bank call money rate remained almost stable on Thursday, the last working day before the Eid-ul-Fitr festival, as banks managed their funds efficiently with the help of the central bank.The weighted average rate (WAR) of call money rose to...

Four state banks to remain open today

2025-03-28 00:00:00

Bangladesh Bank has decided to keep four state-owned banks open on Friday (March 28) despite the start of a nine-day Eid-ul-Fitr holiday, reports UNB.In a circular signed by Additional Director Md Abdul Mannan, the central bank informed the managing directors...

Thousands of workers yet to be paid until Thursday

FE REPORT | 2025-03-28 00:00:00

Thousands of workers in the country's various industrial zones, including those of textile and readymade garment (RMG) factories under the Industrial Police (IP) jurisdiction, were yet to receive due wages and festival allowances until Thursday. Garment workers of a number...

Five reform commissions get time until Apr 30

2025-03-28 00:00:00

FE REPORTThe interim government has extended the tenure of five reform commissions until April 30 for submission of their final reports.Women's Affairs Reform Commission, Labour Reform Commission, Local Government Reform Commission, Health Reform Commission and Media Reform Commission are getting...

CA seeks FAO support for export boost of agri products

FE REPORT | 2025-03-28 00:00:00

Chief Adviser (CA) Professor Muhammad Yunus on Thursday sought support from the Food and Agriculture Organization (FAO) to expand efforts of fruits and farm products export to China.The CA met FAO Director General Qu Dongyu on the sidelines of the...

BB allows start-ups to invest up to $10,000 abroad

FE REPORT | 2025-03-28 00:00:00

The central bank has relaxed its regulations, allowing start-ups to invest up to $10,000 abroad by establishing legal entities, officials said. General permission is granted to establish a legal entity abroad with an amount up to $10,000 or equivalent by...