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Southeast Bank organises training programme

2025-03-06 00:00:00

Southeast Bank Training Institute organised a specialised training programme on 'Loan Documentation and Branch Budget Preparation'. This comprehensive training programme provided participants with in-depth insights into key aspects of loan documentation, including legal frameworks, risk assessment, compliance requirements, and industry...

Community Bank holds board meeting-

2025-03-06 00:00:00

The 61st board meeting of Community Bank Bangladesh PLC was held at the Police Headquarters on Wednesday. Inspector General of Police (IGP) and Chairman of Community Bank PLC Baharul Alam presided over the meeting. AKM Shahidur Rahman, Director General of...

Islami Bank unveils 'Internal Control and Compliance Manual'

2025-03-06 00:00:00

Islami Bank Bangladesh PLC has unveiled the 'Internal Control and Compliance Manual' Version-3.06. Obayed Ullah Al Masud, Chairman of the bank, unveiled the manual as the chief guest on Tuesday. Mohammad Khurshid Wahab, Chairman of the executive committee, Md Abdus...

ITFC, MUTUAL TRUST BANK SIGN MURABAHA AGREEMENT

2025-03-06 00:00:00

The International Islamic Trade Finance Corporation (ITFC) and Mutual Trust Bank PLC (MTB) signed a Master Murabaha Agreement to strengthen trade finance support for small and medium enterprises (SMEs) and the private sector in Bangladesh. Syed Mahbubur Rahman, managing director...

Dressmakers, designers having hectic days ahead of Eid in Ctg

NAZIMUDDIN SHYAMOL | 2025-03-06 00:00:00

CHATTOGRAM, Mar 05: Tailor's and fashion houses are now crowded with buyers in the port city as Eid ul-Fitr, the largest religious festival of Muslims, is set to be observed at the end of Ramadan .Tailors have submerged themselves completely...

Abdul Bari joins as CEO of First Finance

2025-03-06 00:00:00

Shah Md Abdul Bari joined as the Chief Executive Officer in First Finance Limited on Tuesday, says a press release. Shah Md Abdul Bari started his banking career in 1988 with National Bank Limited as Probationary Officer. During his illustrious...

Ashit Kumar, Jhahedul Alam elected as directors of Standard Bank

2025-03-06 00:00:00

Asit Kumar Saha and Jhahedul Alam have been elected as directors of Standard Bank PLC, says a press release. The decision came at the 403rd board meeting of the bank held on December 15, 2024 and with the approval of...

Govt may raise TCB dealers’ commission by Tk 0.50

FE REPORT | 2025-03-06 00:00:00

The government may increase the commission of the Trading Corporation of Bangladesh (TCB) dealers by Tk 0.50 to offset the impacts of various issues, including rising transport costs, sources say.It came as TCB recently sent a proposal to the commerce...

Bangladesh Finance unveils new product for NRBs

FE REPORT | 2025-03-06 00:00:00

Bangladesh Finance has launched a new service platform, named "Bangladesh Finance BIR," exclusively designed for non-resident Bangladeshis (NRBs).Under the platform, the non-bank financial institution will offer exclusive savings facilities in both conventional and Shariah-based models, along with home loans, SME...

Unilever Consumer Care to give highest dividend in 5 years despite lower profit

FE REPORT | 2025-03-06 00:00:00

Despite a 31 per cent year-on-year decline in profit in 2024, Unilever Consumer Care recommended the highest dividend - 520 per cent -- in five years for shareholders for the year. The multinational company's annual income plummeted to Tk 667...

Day-long agitation ends with demand for resignation of BSEC top brass

FE REPORT | 2025-03-06 00:00:00

Employees of the securities regulator have demanded the resignation of the chairman and all commissioners following their decision to send an executive director into forced retirement. After a day-long agitation on Wednesday, they placed the demand at a press briefing....

"SME Exhibition: Showcasing Impact"

2025-03-06 00:00:00

Corinne Henchoz Pignani, Deputy Head of Mission, Embassy of Switzerland in Bangladesh, presenting a crest to Marina Huq, Co-Founder and Director of Baah handicrafts, winner of the pitching session organized during the "SME Exhibition: Showcasing Impact" event held in Dhaka...

3 Kunming hospitals ready to welcome Bangladeshi patients

2025-03-06 00:00:00

YUNNAN, Mar 5 (UNB): Three hospitals in Kunming, China are fully prepared to offer advanced medical treatment to Bangladeshi patients, marking a new chapter in medical cooperation between Bangladesh and China."We're ready to welcome Bangladeshi patients at our designated hospitals...

Prime Bank launches 'Sadaqah Jariyah' account for ongoing charity

2025-03-06 00:00:00

Prime Bank PLC has introduced the 'Sadaqah Jariyah' account, a new Islamic banking product that allows customers to donate to charitable causes continuously. This special account lets people make donations in memory of loved ones or for themselves, helping their...

Shahjalal Islami Bank launches new website

2025-03-06 00:00:00

The new website of Shahjalal Islami Bank PLC was officially inaugurated on Wednesday. On this occasion, an inauguration ceremony was organised at the bank's Corporate Head Office, says a press release. Chairman of the Board of Directors of Shahjalal Islami...

Banks disbursed Tk 192.15b of agriculture and rural credit in 7 months

2025-03-06 00:00:00

The agricultural credit growth is on pace as the banks disbursed around 50.57 percent of the fiscal target in seven months, reports UNB.According to the latest update from Bangladesh Bank, the scheduled banks have disbursed Tk 19215 crore in seven...

HSBC ‘Best Trade Finance Provider’ in BD

2025-03-06 00:00:00

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been adjusted the 'Best Trade Finance Bank' for the 7th year in Bangladesh and 8th year globally in the Euromoney Trade Finance Survey 2025. The bank has been also nominated as...

Govt to clear int'l energy suppliers’ arrears in two months

2025-03-06 00:00:00

The government will clear the arrears it owes to international energy suppliers within the next two months, reports UNB."We are going to clear the arrears to international companies in the next two months," said Fouzul Kabir Khan, energy adviser of...

Oil drops for third day on OPEC+ output increase, Trump tariffs

2025-03-06 00:00:00

NEW YORK, Mar 05 (Reuters): Oil prices declined for a third day on Wednesday, as investors worried about OPEC+ plans to proceed with output increases in April, and US President Donald Trump's tariffs on Canada, China and Mexico escalated trade...

US Bangla to launch direct flights from Dhaka to Riyadh from Apr 21

2025-03-06 00:00:00

US Bangla Airlines is going to launch direct flights from Dhaka to Riyadh from April 21, reports BSS.The private airlines will operate five weekly flights on this route using a 436-seater Airbus A330-300."The largest private aircraft operator has started selling...

Demand for Khulna's raw jute increases in India, Pakistan

2025-03-06 00:00:00

KHULNA, Mar 5 (BSS): Demands for raw jute of Khulna's Daulatpur, the second-largest raw jute market in the country, increased in India and Pakistan.Previously, China was the largest importer of raw jute from this region.However, due to high demand from...

Israeli attacks on Lebanon health sector war crimes, says Amnesty

2025-03-06 00:00:00

BEIRUT, Mar 05 (AFP): Amnesty International said on Wednesday that Israel's attacks on ambulances, paramedics and health facilities during its recent war with Hezbollah should be investigated as war crimes.A November 27 truce agreement largely halted more than a year...

N Korea close to completing its first airborne warning aircraft

2025-03-06 00:00:00

SEOUL, Mar 05 (AP): North Korea appears close to completing its first airborne early warning aircraft, satellite imagery showed, an asset that experts say will sharply bolster the country's air force power when it's deployed.North Korea's nuclear and missile programs...

Most accurate clock on sale for $3.3m

2025-03-06 00:00:00

TOKYO, Mar 05 (AFP): Resembling a squat, wide fridge, the world's most accurate clock went on sale for $3.3 million in Japan on Wednesday.The "Aether clock OC 020" is so precise that it would take 10 billion years for it...

Arab leaders okay $53b Gaza plan

2025-03-06 00:00:00

CAIRO, Mar 05 (BBC): A $53bn (£41.4 billion) reconstruction plan to rival President Donald Trump's idea for the US to "take over Gaza" and move out more than two million Palestinians has been approved by Arab leaders at an emergency...

Ukraine willing to negotiate: Trump

2025-03-06 00:00:00

NEW YORK, Mar 05 (Reuters/AFP): US President Donald Trump said on Tuesday he received a letter from Ukrainian President Volodymyr Zelensky in which the Ukrainian leader expressed willingness to come to the negotiating table over the Russia-Ukraine war."Ukraine is ready...

Raducanu 'couldn't see ball through tears' in stalking incident

2025-03-06 00:00:00

INDIAN WELLS, Calif., Mar 05 (AP): Emma Raducanu says she "couldn't see the ball through tears" and struggled to breathe after spotting a man who was "fixated" on her during a match.The British tennis player and 2021 U.S. Open winner...

Smith retires from ODI cricket after Australia's Champions Trophy exit

2025-03-06 00:00:00

SYDNEY, Mar 05 (Agencies): Steve Smith has retired from one-day internationals following the defeat to India in the Champions Trophy semi-finals, Cricket Australia said on Wednesday.The 35-year-old batsman, who led the team in the absence of regular skipper Pat Cummins,...

South Africa's Lungi Ngidi looks frustrated

2025-03-06 00:00:00

South Africa's Lungi Ngidi looks frustrated after a delivery during the ICC Champions Trophy ODI semi-final match against New Zealand at the Gaddafi Stadium in Lahore on Wednesday-AFP

Taskin promoted to A+ category for central contracts

2025-03-06 00:00:00

Pace bowler Taskin Ahmed has been rewarded for his perseverance and hard work as Bangladesh's national selection panel has put him in the A+ bracket in their proposed 22-member central contract for 2025, according to Cricbuzz.The proposed draft of the...