FE Report | 2025-06-19 00:00:00
The proposed national budget for the fiscal year 2025-26 has drawn sharp criticisms from economists, civil-society leaders, and marginalised community representatives for being "conventional, exclusionary, and disconnected from the country's pressing socioeconomic needs."Speaking at a dialogue titled "National Budget 2025-26:...
JASIM UDDIN HAROON | 2025-06-19 00:00:00
Bangladesh plans gradually reducing reliance on external borrowing to finance budget deficits as rising cost of foreign loans makes the government inward-bound for pooling higher domestic funds.The pivot towards ramped-up domestic borrowing -- particularly from the banking system -- is...
DUBAI/JERUSALEM, June 18 (Reuters): Iranian Supreme Leader Ayatollah Ali Khamenei rejected Donald Trump's demand for unconditional surrender on Wednesday, and the U.S. president said his patience had run out, though he gave no clue as to what his next step...
FHM HUMAYAN KABIR | 2025-06-19 00:00:00
Russia has yet to extend the timeline for its $11.38-billion loan utilisation for Bangladesh although the credit tenure already expired in December last, officials said Wednesday about a looming uncertainty surrounding the funding.About a year back, Dhaka had requested the...
DOULOT AKTER MALA | 2025-06-19 00:00:00
A record revenue shortfall worth nearly Tk 1.0 trillion is likely in the eventful outgoing fiscal, largely for sluggish private-sector investment, poor execution of development projects and banking-sector volatility.Such shrinkage in resources of revenue is but a foregone conclusion as...
REZAUL KARIM | 2025-06-19 00:00:00
The government is considering issuing Shariah-based Sukuk bond in favour of the state-owned Bangladesh Services Limited (BSL) for helping settle its existing debt liability.The BSL, which is a public limited company and engaged in hospitality business, is liable to pay...
MUMBAI, June 18 (Reuters): Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September following a sudden surge in benchmark Malaysian prices, four trade sources told Reuters.Refiners in the world's...
TOKYO, June 18 (AP): Japan experienced a drop in exports in May, largely driven by a nearly 25 per cent year-on-year fall in automobile shipments to the United States due to increased tariffs imposed by President Donald Trump. According to...
SHANGHAI, June 18 (AFP): China's central bank boss on Wednesday warned that the global monetary system could be "weaponised" and politicised by dominant countries, as the country navigates an uneasy trade truce with the United States.The superpowers said this month...
A seminar on "Water-Saving Irrigation Technology and Safe Production of Vegetables, Fruits and Flowers through Poly Shade Construction Project", "Irrigation Development Project using Surface Water in Chattogram and Cox's Bazar districts," and the "Irrigation Development Project in Barishal, Bhola, Jhalokathi...
A meeting of the board of directors of Islami Bank Bangladesh PLC was held at the Islami Bank Tower in Dhaka on Wednesday. Obayed Ullah Al Masud, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of...
United Commercial Bank (UCB) signed a memorandum of understanding (MoU) with Omnicare Diagnostics Limited. This strategic partnership will provide exclusive healthcare benefits to all UCB debit, credit, and prepaid cardholders, enhancing access to quality diagnostic services.
Pubali Bank held its 42nd annual general meeting (AGM) through virtual platform on Wednesday. Pubali Bank board Chairman Mr. Monzurur Rahman presided over the meeting. Managing Director & CEO Mr. Mohammad Ali was present among others.
Mutual Trust Bank (MTB) received a Letter of Appreciation from Dr. Md. Habibur Rahman, deputy governor of Bangladesh Bank (BB), for its active contribution to the session titled "Experience Sharing and Showcasing the Impact of Financial Inclusion for WMSMEs." The...
Global Brand PLC, authorised distributor of Lenovo, has rolled out IdeaPad Slim 3i, a laptop that is both powerful and lightweight.Equipped with the robust 13th Gen Intel Core i7-13620H processor (up to 4.9 GHz), 16GB DDR5 RAM, and 512GB SSD,...
Walton Digi-Tech Industries Limited has achieved a new milestone of international recognition in the technology and electronics sector of Bangladesh. The company has won the 'Global Brand Award' in 2025 from the UK-based publication 'Global Brands Magazine'. Walton Digi-Tech received...
OUR CORRESPONDENT | 2025-06-19 00:00:00
CHATTOGRAM, June 18: The new master plan for the port city of Chattogram will be finalised by June next year while the draft plan has already been completed by the Chattogram Development Authority (CDA). CDA official sources said the draft...
Bangladesh aims to export 4,000 tonnes of mangoes in the next three months while 600 tonnes of the volume reached 25 countries by now, officials said on Wednesday, reports BSS."We are expecting to export 4,000 tonnes of mangoes within next...
JUBAIR HASAN | 2025-06-19 00:00:00
The chance of any form of volatility in the exchange rate under the persisting free-floating regime is very thin because of the lower demand for foreign exchange, Country Manager of Mastercard Syed Mohammad Kamal said.In an exclusive interview with The...
MOHAMMAD MUFAZZAL | 2025-06-19 00:00:00
Scam-hit asset management company (AMC) Universal Financial Solutions (UFS) has not yet paid a single penny back out of the Tk 2.07 billion siphoned off from its clients' funds about 30 months back. As the fund embezzlement made headlines, the...
MIAMI, June 18, 2025 (AFP) :Real Madrid could be without striker Kylian Mbappe for their Club World Cup opener against Saudi Pro League side Al Hilal after the Frenchman missed training due to illness.New head coach Xabi Alonso will make...
PASADENA, United States, June 18, (AFP): The 39-year-old Spanish great Sergio Ramos scored as Monterrey held Inter Milan 1-1 in a hard-fought FIFA Club World Cup Group E opener in Pasadena on Tuesday.Argentine striker Lautaro Martinez scored a well-worked equaliser...
Bangladesh veteran Mushfiqur Rahim scripted a world record by going past a legend like Adam Gilchrist on Day 2 of the first cricket Test against Sri Lanka at Galle International Cricket Stadium on Wednesday, reports BSS.In this Test, he was...
US President Donald Trump was presented with a Portugal national team jersey signed by Cristiano Ronaldo during the Group of Seven (G7) summit in Canada, reports UNB.The gift was handed over by European Council President Antonio Costa, who is Portuguese...
GALLE, Sri Lanka, June 18 (Reuters): Ambidextrous Sri Lanka spinner Tharindu Rathnayake said he switched his bowling arm according to the weakness of the batter on strike as he took two wickets on the first day of his debut test...
A collapse just after rain stoppage denied Bangladesh batting Sri Lanka out completely in the first cricket Test on Day 2, which was hit hard by rain at Galle International Cricket Stadium on Wednesday, reports BSS.The rain delayed the game...
TOKYO, June 18 (AFP): Japanese auto exports to the United States fell almost a quarter in May, data showed Wednesday, as worries over Donald Trump's tariffs continue to grow with no deal yet made between Tokyo and Washington.Roughly eight per...
NEW DELHI, June 18 (AFP): New Delhi had granted a licence to Elon Musk's Starlink satellite internet service, opening India's "next frontier of connectivity", according to the country's communications minister.The launch of Starlink, which provides high-speed internet access to remote...
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