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Chhatra League leader arrested in Rangpur

2025-03-21 00:00:00

RANGPUR, March 20 (BSS): The Detective Branch (DB) of Kurigram district police arrested banned Bangladesh Chhatra League (BCL) leader Saddam Hossain Nayan from Rangpur metropolis last night.Arrested Saddam was the general secretary of the Kurigram district unit."The BCL leader was...

Jamaat submits reform opinions to commission

2025-03-21 00:00:00

Bangladesh Jamaat-e Islami has submitted their opinions on the proposals of key reforms to the National Consensus Commission, reports BSS.The present interim government has formed the seven-member National Consensus Commission headed by chief adviser Prof Dr Muhammad Yunus aiming to...

Anyone can criticise govt now, and it's a success

2025-03-21 00:00:00

Foreign Adviser Md. Touhid Hossain has said anybody can criticise the interim government without fear, and that is the success of this administration, reports UNB."Could you criticise the government in power a year back or eight months back as you...

Khaleda Zia to return home in mid-April: UK BNP

2025-03-21 00:00:00

Bangladesh Nationalist Party (BNP) Chairperson Begum Khaleda Zia will return home in mid-April, said UK BNP President MA Malek, reports BSS.He disclosed the information to the newsmen after an iftar mahfil organised by Noakhali Nationalist Forum UK on Wednesday in...

December cut-off time for next polls, says Amir Khosru

2025-03-21 00:00:00

BNP senior leader Amir Khosru Mahmud Chowdhury on Thursday said the country will be on the right track if the next election is held by December this year, as it is the cut-off time for the parliamentary polls, reports UNB."Everyone...

EU envoy meets Mirza Fakhrul

2025-03-21 00:00:00

European Union (EU) Ambassador to Bangladesh Michael Miller met BNP Secretary General Mirza Fakhrul Islam Alamgir on Thursday and discussed a range of issues relating to Bangladesh's upcoming elections, reforms and bilateral issues, reports UNB.The hour-long meeting, which began at...

Meta to launch generative AI assistant in the EU

2025-03-21 00:00:00

PARIS, Mar 20 (AFP): Facebook and Instagram parent company Meta said Thursday it would launch its generative artificial intelligence assistant Meta AI in the European Union from "this week", more than a year after the service's US release."It's taken longer...

Brazil central bank raises interest rate to 9-year high

2025-03-21 00:00:00

BRASÍLIA, Mar 19 (AFP): Brazil's central bank on Wednesday hiked its key interest rate one point to 14.25 per cent, a nine-year high, as it seeks to contain inflation in Latin America's largest economy.It was the fifth consecutive increase, and...

SNB cuts rates again over global economic 'uncertainty'

2025-03-21 00:00:00

ZURICH, Mar 20 (AFP): Switzerland's central bank cut its key interest rate by a quarter per centage point to 0.25 per cent on Thursday, citing "high uncertainty" in the global economy.The Swiss National Bank made its fifth cut since March...

Abu Dhabi signs deal with Microsoft, Core42 to build sovereign cloud system

2025-03-21 00:00:00

RIYADH, Mar 20 (Arab News): Abu Dhabi has signed a multi-year deal with Microsoft and Core42 to build a sovereign cloud system, supporting its push to become the world's first AI-powered government. The deal - inked by the Department of...

ECB's Lagarde warns US-EU trade war may hit growth

2025-03-21 00:00:00

FRANKFURT, Mar 20 (AFP): European Central Bank chief Christine Lagarde warned Thursday a trade war between the United States and Europe could shave half a per centage point off eurozone growth and push up inflation.US President Donald Trump is threatening...

Trump's 200pc tariff threat would be 'a real disaster' for Europe's wine industry

2025-03-21 00:00:00

CHAMPAGNE (France), Mar 20 (AP): US President Donald Trump has threatened to hit the EU with 200 per cent tariffs on alcoholic drinks, including wine, cognac and champagne, if the bloc does not pull back from imposing levies on US...

Egypt, India reaffirm $12b trade target during ministerial meeting

2025-03-21 00:00:00

RIYADH, Mar 20 (Arab News): Egypt and India have reaffirmed their commitment to tripling bilateral trade from $4.2 billion in 2024 to $12 billion within five years, reinforcing a target set last year during a joint meeting. The pledge came...

Standard Bank holds its 147th EC meeting

2025-03-21 00:00:00

The 147th meeting of the Executive Committee (EC) of the Board of Directors of Standard Bank PLC was held at its head office in the city on Thursday. Chairman of the committee Md Zahedul Hoque presided over the meeting. The...

Janata Bank holds Branch Managers' Confce --

2025-03-21 00:00:00

Janata Bank PLC's Divisional Branch Managers' Conference in Dhaka South was held at a convention hall on Thursday. Chairman of the bank M Fazlur Rahman was present as the chief guest while Managing Director Md Mazibur Rahman and Deputy Managing...

Chinese solar panel giant Longi to invest in BD

2025-03-21 00:00:00

Longi, the largest solar panel manufacturer in the world, has decided to set up an office and invest in solar panel manufacturing in Bangladesh, Chinese Ambassador to Bangladesh Yao Wen said on Thursday, reports BSS.The ambassador said several top Chinese...

Moody's affirms City Bank's B2 rating for 2024

2025-03-21 00:00:00

Moody's Investors Service has published its latest credit opinion on City Bank, recognizing its moderate profitability and capital amid rising asset risks, according to a press release.City Bank has retained its B2 issuer rating, with an updated negative outlook that...

Remittance recipients to get gifts from BRAC Bank, Western Union

2025-03-21 00:00:00

BRAC Bank, in collaboration with Western Union, has been rewarding remittance recipients this Ramadan with an exclusive water bottle, according to a press release. Customers collecting remittances through Western Union from BRAC Bank's extensive network, which includes 189 branches, 74...

In the Market: How Trump is driving Asia to diversify away from US

2025-03-21 00:00:00

President Donald Trump's tariffs and other policies have some financiers and officials in Asia predicting the remaking of the post-World War II economic order, leading to an urgent quest to diversify away from America. But it's not proving to be...

Paramount Insurance's profit grows 29pc in 2024

FE REPORT | 2025-03-21 00:00:00

Paramount Insurance secured a 29 per cent year-on-year growth in profit to Tk 90.7 million in 2024, supported by higher premium income amid a challenging business climate.Subsequently, the insurer's earnings per share (EPS) rose to Tk 2.23 for 2024 from...

High-level committee devises plan to revive market

FE REPORT | 2025-03-21 00:00:00

The newly-formed high-level committee to strengthen the securities regulator and help the capital market flourish has started working by identifying challenges and potential development methods.It held its first meeting on Thursday and devised a work plan to prepare policy recommendations...

Islami Bank holds Shari'ah Supervisory meeting ----

2025-03-21 00:00:00

A meeting of the Shari'ah Supervisory Committee of Islami Bank Bangladesh PLC was held at Islami Bank Tower Thursday. Mufti Sayeed Ahmad, chairman of the committee, presided over the meeting. Prof Dr Abu Bakr Rafique, vice chairman, and Prof Dr...

Leaders of the Switzerland-Bangladesh Chamber of Commerce and Industry

2025-03-21 00:00:00

Leaders of the Switzerland-Bangladesh Chamber of Commerce and Industry in a photo session after the 13th AGM of the chamber in the city recently.

Shahjalal Islami Bank holds 392nd Board Meeting

2025-03-21 00:00:00

The 392nd meeting of the board of directors of Shahjalal Islami Bank PLC was held at its corporate head office in the city on Wednesday. Chairman of the bank A. K. Azad presided over the meeting. The board approved a...

Copper jumps above $10,000

2025-03-21 00:00:00

LONDON, Mar 20 (AFP): The price of copper reached a five-month high above $10,000 a tonne Thursday as US companies stock up on the metal targeted by US President Donald Trump's tariffs.Copper-a vital component for energy storage, electric vehicles, solar...

Chinese tariffs on Canadian agricultural products kick in

2025-03-21 00:00:00

BEIJING, March 20 (AFP): Chinese tariffs on Canadian products including rapeseed oil and pork come into effect Thursday, with an industry lobby warning the new levies will have a "devastating impact" on farmers.The tariffs -- announced this month -- follow...

Banks instructed to pay March salaries by 23rd

2025-03-21 00:00:00

Bangladesh Bank has directed all banks to ensure the disbursement of salaries and allowances for March 2025 by 23 March, reports UNB.The instruction also includes the payment of retirement allowances for pensioners.As per the official calendar, Eid-ul-Fitr is expected to...

Remittance inflow up 78.4pc in first 19 days of March

2025-03-21 00:00:00

Remittance inflow witnessed a remarkable year-on-year growth of a massive 78.4 percent to US$2,252 million in the first 19 days of the ongoing March, reports BSS.According to the Bangladesh Bank (BB) latest data, the country logged a total of $1,262...

Jewellery shops see Eid sales decline

2025-03-21 00:00:00

Jewellery sales have taken a hit this Eid as soaring gold prices make ornaments less affordable for many buyers, reports UNB.The Bangladesh Jewellers Association (Bajus) recently raised gold prices to a record high, with the latest hike coming last Thursday.A...

A Jamdani artisan's tale of passion and perseverance in Chandpur

2025-03-21 00:00:00

Chandpur, Mar 20 (UNB) - In the quiet corners of Bangladesh's rich heritage, where artistry meets tradition, the ethereal beauty of Jamdani sarees continues to enchant generations.A delicate interplay of threads weaves not just fabric, but stories-of dedication, craftsmanship and...