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EC staff to stage demo today to keep NID services

2025-03-13 00:00:00

Officials and employees of the Election Commission (EC) will stage demonstrations today (Thursday) in protest against the move to transfer national identity (NID) services to a separate registration commission, reports UNB.As part of the demonstration, they will form human chains...

ANSAR-VDP UNNAYAN BANK holds 109TH BOARD MEETING

2025-03-13 00:00:00

The 109th meeting of the Board of Directors of Ansar-VDP Unnayan Bank was held recently. Major General Abdul Motaleb Sazzad Mahmud, Chairman of the bank and director general of Bangladesh Ansar and Village Defence Party, presided over the meeting. Mir...

SONALI BANK conducts ON-SITE ASSESSMENT TO IMPLEMENT RBS

2025-03-13 00:00:00

Bangladesh Bank is going to implement Risk-Based Supervision (RBS) to strengthen the banking sector in Bangladesh. An on-site assessment was held as a pilot programme at Sonali Bank's head office conference room from March 9 to 11 to implement RBS....

418TH BOARD MEETING OF AL-ARAFAH ISLAMI BANK HELD

2025-03-13 00:00:00

The 418th Board meeting of Al-Arafah Islami Bank PLC was held on Tuesday, with Chairman of the Board of Directors Khwaja Shahriar in the chair. The overall business performance of the bank was reviewed and several policy decisions were taken...

PRIME BANK COMPLETES POC FOR GREEN LC

2025-03-13 00:00:00

Prime Bank launched the country's first blockchain-based inland Letter of Credit (LC) platform, 'Green LC.' The bank completed a Proof of Concept (POC) for the Green LC in collaboration with Dhaka Bank. This milestone marks a significant step towards a...

SOUTHEAST BANK TRAINING INSTITUTE HOSTS CAPACITY DEVELOPMENT PROG

2025-03-13 00:00:00

Southeast Bank Training Institute organised a capacity development programme to improve marketing expertise on retail banking loan and credit card recently. The programme aims to equip banking professionals with advanced strategies and practical skills. The bank's Chairman M. A. Kashem...

BD, Japan discuss PPP projects, transport cooperation

2025-03-13 00:00:00

Bangladesh and Japan on Wednesday discussed the progress of projects taken under the Public Private Partnership (PPP) platform in Bangladesh, with a particular focus on Hazrat Shahjalal International Airport Terminal-3 project and cooperation in the railway and road transport sector...

Trump defends tariffs before corporate America as stocks sell off

2025-03-13 00:00:00

WASHINGTON, March 11 (Reuters): U.S. President Donald Trump defended his use of tariffs and said they could multiply as he met on Tuesday with the CEOs of America's biggest companies, many of whom have watched their market value crater over...

IDRA lacks power to stop scams by insurance companies: Chairman

FE REPORT | 2025-03-13 00:00:00

Insurance companies could not be held accountable for financial frauds as the regulatory body lacks power to enforce disciplinary actions, said the chief of the Insurance Development and Regulatory Authority (IDRA). "A few days ago, the governor of the Bangladesh...

LafargeHolcim's profit lowest in four years in 2024

FE REPORT | 2025-03-13 00:00:00

LafargeHolcim earned its lowest profit in four years in 2024 due to lower sales amid recent political changeover and adverse macroeconomic environment. The multinational cement manufacturer's profit plunged 36 per cent year-on-year to Tk 3.82 billion in 2024. As a...

US tariffs of 25pc on aluminum, steel imports take effect

2025-03-13 00:00:00

WASHINGTON, Mar 12 (AFP): The United States broadened its slate of tariffs Wednesday as sweeping levies on steel and aluminum imports took effect "with no exceptions or exemptions" as promised by the White House -- despite countries' efforts to avert...

IBCF'S TASK COMMITTEE MEETING HELD

2025-03-13 00:00:00

Islamic Banks Consultative Forum (IBCF) organised the 42nd Task Committee meeting in the Boardroom of Shahjalal Islami Bank PLC in Dhaka recently. Mohammed Monirul Moula, chairman of the Task Committee of IBCF & managing director of Islami Bank Bangladesh, presided...

BENGAL COMMERCIAL BANK STEPS INTO 5TH YEAR

2025-03-13 00:00:00

Bengal Commercial Bank PLC has stepped into the 5th year of its journey with zero NPL (non-performing loan). On the occasion, the bank organised a programme at the head office of the bank in Dhaka on Tuesday. As an MSME-oriented...

BB governor's meeting with UK APPG on March 17

2025-03-13 00:00:00

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur will hold a meeting with the All Party Parliamentary Group (APPG) on Corruption of the United Kingdom (UK) on March 17, seeking its support for bringing stolen money back to Bangladesh, reports...

Jewellers demand urgent security measures to combat theft, robberies

2025-03-13 00:00:00

In recent months, incidents of theft, robbery, snatching and attacks on jewellery businesses and killings have surged across the country, prompting Bangladesh Jewellers Association (Bajus) to seek urgent security measures. In light of these growing concerns, jewellery business owners have...

CPA seeks 24/7 access to RTGS

FE REPORT | 2025-03-13 00:00:00

The Chittagong Port Authority (CPA) has requested the Bangladesh Bank to extend the real-time gross settlement (RTGS) facility to 24/7 for it to facilitate port users' mandatory online payments of customs duties and charges.It recently wrote to the central bank...

Gold prices steady ------

2025-03-13 00:00:00

Gold prices were little changed on Wednesday, with the market's attention on a key US inflation report, while US President Donald Trump's tariff policies provided support to the safe haven asset, reports Reuters. Spot gold was steady at $2,915.66 an...

Cathay Pacific sees profits edge up in 2024

2025-03-13 00:00:00

HONG KONG, March 12 (AFP): Hong Kong carrier Cathay Pacific said on Wednesday that its attributable profit rose slightly in 2024 to US$1.27 billion, after announcing earlier this year that its flights were finally back to pre-pandemic levels.The city's aviation...

India plans to set up trading exchange for domestic coal

2025-03-13 00:00:00

SINGAPORE, March 12 (Reuters): India plans to establish a coal trading exchange to buy and sell domestically produced coal amid growing output from mines operated by private companies, the federal government said in a notice seeking comments on the proposal.The...

Oil extends gain on weak dollar

2025-03-13 00:00:00

Oil prices extended gains on Wednesday, rising over 1 per cent, supported by a weaker dollar, but gains were capped by mounting fears of a US economic slowdown and the impact of tariffs on global economic growth, reports Reuters.Brent futures...

Gill, Rohit, Kohli in top five of ICC's ODI batting rankings

2025-03-13 00:00:00

India's unbeaten run across the Champions Trophy has seen several players move up the ICC's ODI rankings - both in batting and bowling. They make up four of the top eight ranked batters in the world with Shubman Gill still...

PSG knock Liverpool out of Champions League

2025-03-13 00:00:00

LIVERPOOL, England, Mar 12 (Reuters): Paris St Germain beat Liverpool 4-1 in a penalty shootout to advance to the Champions League quarter-finals after winning a rip-roaring last-16 second-leg match at Anfield 1-0 on Tuesday thanks to a goal from livewire...

Mahmudullah Riyad announces retirement from int'l cricket

2025-03-13 00:00:00

Bangladesh all-rounder Mahmudullah Riyad announced his retirement from international cricket on Wednesday, reports UNB."I have decided to retire from international cricket. All praises only for the Almighty Allah," Riyad posted on his verified Facebook account on Wednesday evening."I would like...

Legends of Rupganj, Abahani, Mohammedan secure wins

2025-03-13 00:00:00

The Dhaka Premier Division Cricket League (DPL) saw good performances from Legends of Rupganj, Abahani Limited, and Mohammedan Sporting Club as they secured convincing wins in their respective matches on Wednesday, reports UNB.Legends of Rupganj registered an eight-wicket victory over...

NEWS IN BRIEF --2025-03-13

2025-03-13 00:00:00

African Union warns of huge risk of partition in SudanADDIS ABABA, Mar: The African Union on Wednesday said the announcement of a parallel government in war-torn Sudan risked cleaving the country, already ravaged by nearly two years of unrest. The...

Iran to receive Trump letter 'soon'

2025-03-13 00:00:00

TEHRAN, Mar 12 (AFP): Iran's top diplomat said Wednesday an Arab country will soon deliver it a letter from US President Donald Trump, who has called for striking a nuclear deal with the Islamic republic."The letter has not reached us...

Pakistan security forces free 190 hostages in train siege

2025-03-13 00:00:00

SIBI (Pakistan), Mar 12 (AFP): Pakistan security sources on Wednesday said the military had freed 190 train passengers taken hostage by gunmen on the second day of a siege in the mountainous southwest.More than 450 passengers were on board when...

Ukraine agrees to 30-day ceasefire with Russia

2025-03-13 00:00:00

JEDDAH, Mar 12 (Arab News): Talks between the US and Ukraine aimed at ending the war with Russia took place in Jeddah on Tuesday, Saudi Press Agency reported.The administration of US President Donald Trump agreed to lift its suspension of...

Bogura road crash kills woman, daughter

2025-03-13 00:00:00

BOGURA, Mar 12 (UNB): A woman and her minor daughter were killed when a truck hit a van in Beragram village of Dupchanchia upazila of Bogura district on Wednesday.The deceased were identified as Roksana Parveen, wife of Abu Bakar Siddique...

Striking doctors halt outpatient service at SBMCH

2025-03-13 00:00:00

BARISHAL, Mar 12 (UNB): Doctors at Sher-e-Bangla Medical College Hospital (SBMCH) in Barishal suspended outpatient services on Wednesday morning as part of an ongoing movement to press their five-point demand, causing immense suffering for hundreds of patients.Patients said ticket distribution...