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Inflation inches down to 9.32pc in February

FE REPORT | 2025-03-07 00:00:00

Overall inflation eased in February for a second consecutive month as virtual price deflation of farm produce amid a market glut cooled the rate to 9.32 per cent from 9.94 per cent in January, official statistics show.The drop was mainly...

Aramco LNG import planned to cut reliance on spot buys

M AZIZUR RAHMAN | 2025-03-07 00:00:00

Bangladesh now looks to import liquefied natural gas (LNG) from Saudi oil- giant Aramco under an envisaged long-term deal to reduce reliance on volatile spot market for the must-have fuel.Market insiders say the country may import around 1.0-million-tonne-per-year (MTPA) of...

CA may visit China March 26-28

FE REPORT | 2025-03-07 00:00:00

Chief Adviser of Bangladesh's interim government Dr Muhammad Yunus is likely to visit China on March 26- 28, officials said, adding that details of the tour have yet to be finalised.The Chief Adviser may start for China on the evening...

Weather (2025-03-07)

2025-03-07 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country until 6:00 pm today (Friday), according to the Met Office.Day and night temperature may fall slightly over the country.The highest temperature of the country was recorded on Thursday...

Travel ban on Atiur, Barkat, Salam, 23 others

FE REPORT | 2025-03-07 00:00:00

A Dhaka court on Thursday issued a travel ban on 23 people, including Dr Atiur Rahman, Bangladesh Bank's former governor; Dr Abul Barkat, Janata Bank's former chairman; and Abdus Salam Azad, former Managing Director of Janata Bank, in connection with...

Adviser warns launch operators of route permit cancellation

FE REPORT | 2025-03-07 00:00:00

Shipping Adviser Brig Gen (retd) M Sakhawat Hussain warned on Thursday of cancelling route permit, if any launche is involved in jumping the queue for taking passengers during the upcoming Eid-ul-Fitr festival."Launches can't jump the line. We have discussed it...

Seven held in city under ‘Operation Devil Hunt’

FE REPORT | 2025-03-07 00:00:00

Police on Wednesday arrested seven people from Mohammadpur area of the capital on various charges as part of the ‘Operation Devil Hunt’.The arrestees were identified as Sakib (23), Harun (30), Chanchal (28), Shuvo (22), Saddam (30), Alam Baby (25) and...

Action if banned outfits hold rally in city: DMP

FE REPORT | 2025-03-07 00:00:00

Dhaka Metropolitan Police (DMP) warned on Thursday that legal action would be taken, if any banned organisations, including Hizbut Tahrir, tried to hold rally and distribute leaflets anywhere in the capital. "Hizbut Tahrir, as per the existing law of the...

NID services should stay under EC: CEC

2025-03-07 00:00:00

Chief Election Commissioner (CEC) AMM Nasir Uddin on Thursday said they would strongly urge the government to keep the national identity (NID) services under the Election Commission's (EC) control, report agencies."We will strongly voice our opinions in the law-making process....

DMTCL exploring ways to raise metro rail capacity

MUNIMA SULTANA | 2025-03-07 00:00:00

Ridership on the metro rail has recently surged to nearly 500,000 passengers, prompting the Dhaka Mass Transit Company Limited (DMTCL) to explore ways to enhance its capacity.DMTCL plans to add two more cars to each train and reduce train headways...

Ex-MP MA Maleque on remand

2025-03-07 00:00:00

A Dhaka court has placed former Member of Parliament (MP) from Dhaka-20 constituency MA Maleque on a four-day remand in a case lodged over the murder of one Riajul Islam in the Ashulia area during the Anti-discrimination Student Movement, reports...

BNP leader suspended in Jashore for 'looting' rice

2025-03-07 00:00:00

BENAPOLE, Mar 06 (UNB): A local BNP leader has been suspended by the party in Sharsha uapzila of Jashore over alleged looting of 155 sacks of rice meant for a government's food-friendly programme.The suspended BNP leader is Ruhul Kuddus, vice-president...

Tarique, Mamun acquitted in money laundering case

2025-03-07 00:00:00

The Supreme Court (SC) has acquitted BNP Acting Chairman Tarique Rahman and businessman Giasuddin Al Mamun in a money laundering case, report agencies.A four-member tribunal headed by Chief Justice Dr Syed Refaat Ahmed passed the order on Thursday, said the...

Travel ban on ex-RCC mayor Liton, family, ex-Jatrabari OC, wife

2025-03-07 00:00:00

A Dhaka court has imposed a travel ban on former Rajshahi City Corporation (RCC) mayor AHM Khairuzzaman Liton, his wife Shahin Akter, daughters Anika Fariha Zaman and Maisa Samiha Zaman over graft allegations, report agencies.Dhaka Metropolitan Senior Special Judge Md...

Withdrawal of 4,615 ‘political’ cases recommended

2025-03-07 00:00:00

The committee, formed by the Ministry of Law to review and recommend withdrawal of politically motivated cases, has so far suggested lifting 4,615 cases, reports UNB.Headed by Law, Justice and Parliamentary Affairs Adviser Prof Dr Asif Nazrul, the committee has...

US rights group to help BD's democratic transition

2025-03-07 00:00:00

President of US-based human rights group 'Right to Freedom' Ambassador William B Milam and Executive Director American diplomat Jon Danilowicz called on Chief Adviser (CA) Prof Muhammad Yunus at the State Guest House Jamuna in the capital on Thursday, report...

Govt committed to conducting credible probe into July-Aug massacre: Asif Nazrul

2025-03-07 00:00:00

Law Adviser Dr Asif Nazrul has said the interim government is committed to an impartial and credible investigation into the July-August massacre in Bangladesh and proper judicial processes for redress, report agencies.Asif Nazrul made the remarks while addressing a session...

Investors question 'Trump put' as tariffs rattle stock markets

2025-03-07 00:00:00

NEW YORK, March 6 (Reuters): Investors are recalibrating how to play U.S. President Donald Trump's whipsawing policy changes, weighing that a so-called "Trump put" supporting stock market prices may be fading and that his administration is more keenly focused on...

NCC Bank inks with UK's Commerce Plex (Simpaisa)

2025-03-07 00:00:00

NCC Bank PLC has inked a remittance drawing agreement with Commerce Plex Ltd (Simpaisa), UK for quick and safe remittance services of Bangladeshi expatriates located in UK and EU Zones. M Shamsul Arefin, Managing Director of NCC Bank, and Bachir...

ICMAB delegation meets commerce secretary

2025-03-07 00:00:00

A delegation from the Institute of Cost and Management Accountants of Bangladesh (ICMAB) led by its Vice President Md Kausar Alam met with Mahbubur Rahman, newly-appointed Secretary of the Ministry of Commerce at the latter's office on Wednesday. The ICMAB...

Janata Bank holds branch managers' confce

2025-03-07 00:00:00

Janata Bank PLC's Divisional Branch Managers' Conference in Rajshahi was held at a local 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...

SHAHJALAL ISLAMI BANK HOLDS 391S T BOARD MEETING

2025-03-07 00:00:00

The 391st meeting of the board of directors of Shahjalal Islami Bank was held at its corporate head office in the capital on Wednesday. Chairman of the bank A. K. Azad presided over the meeting. The board approved a number...

BRAC Bank achieves Tk 20b net deposit growth in February

2025-03-07 00:00:00

BRAC Bank's Branch Network achieved a net deposit growth of Tk 20 billion in February. The bank organised a ceremony to celebrate the achievement in the capital on Tuesday. Sheikh Mohammad Ashfaque, deputy managing director & head of Branch Distribution...

MTB & GREEN DELTA INSURANCE LAUNCH "NIBEDITA BUNDLE INSURANCE"

2025-03-07 00:00:00

Mutual Trust Bank (MTB) and Green Delta Insurance have jointly launched "Nibedita Insurance Bundle" for MTB Angona customers. The exclusive insurance package is aimed at providing comprehensive coverage and support, furthering the financial empowerment of women. Syed Mahbubur Rahman, managing...

Emirates' Ramadan offer for customers

2025-03-07 00:00:00

Reflecting the spirit of togetherness and generosity during the Holy Month of Ramadan, Emirates will be serving thousands of meal boxes for fasting customers both onboard and at boarding gates, screening an array of religious content and popular TV shows...

ISPAB likely to appoint overseer

FE REPORT | 2025-03-07 00:00:00

The Internet Service Providers' Association of Bangladesh (ISPAB), one of the five major IT-related commercial organisations along with BCS, e-CAB and BASIS, is now set to appoint an administrator.Despite a year in office, the current executive committee's announcement of a...

Students start selling commodities at cost prices in Khulna

2025-03-07 00:00:00

KHULNA, Mar 06 (UNB): In a commendable initiative to alleviate the burden on low-income families during the holy month of Ramadan, the Anti-Discrimination Student Movement in Khulna has started selling essential commodities at cost price in various parts of the...

Delegation from Türkiye's Koç Holding visits Bangladesh

2025-03-07 00:00:00

Türkiye's leading investment holding company Koç Holding has reaffirmed its commitment to support Bangladesh's growth in a recent high-profile visit, according to a press release.The delegation comprises Levent Çakiroglu, CEO of Koç Holding; Dr. Fatih Kemal Ebiçlioglu, president of Consumer...

Pioneer Insurance earns lowest profit in 5 years in 2024

FE REPORT | 2025-03-07 00:00:00

Pioneer Insurance Company Limited reported a profit of Tk 468 million for 2024, the lowest in five years, due to an increase in expenses and a fall in net premium income amid persistent macroeconomic challenges.The general insurer's earnings per share...

“We will not bow to any pressure”: BSEC chief

FE REPORT | 2025-03-07 00:00:00

The chief of the securities regulator reaffirms that he will continue discharging his duty that he has been entrusted with by the government and that he would not bow to any pressure. Chairman of the Bangladesh Securities and Exchange Commission...