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MIDLAND BANK AND GENERIC HEALTHCARE SIGN MOU TO ENHANCE HEALTHCARE ACCESS

2025-05-27 00:00:00

Midland Bank PLC and Generic Healthcare Ltd signed a Memorandum of Understanding (MOU) to improve healthcare access and delivery in underserved communities. Generic Healthcare is a leading provider of innovative digital healthcare services. Mohd Javed Tarek Khan, Head of Institutional...

FSIB offers special banking services for madrasha students

2025-05-27 00:00:00

First Security Islami Bank PLC (FSIB) has introduced Mudarbah Savings Deposit Account namely 'Tilmiz' for madrasha students with a view to including them into formal financial sector, says a statement. By making an initial deposit of just Tk 100, any...

NCT unlikely to get foreign operator soon

NAZIMUDDIN SHYAMOL | 2025-05-27 00:00:00

CHATTOGRAM, May 26: Saif Powertec Limited, an international-standard port operator in Bangladesh, which is handling the New-mooring Container Terminal (NCT), has kept its fingers crossed amid ongoing moves to appoint a foreign operator to manage the terminal, sources close to...

Commerce adviser urges Algeria to import jute goods from BD

FE REPORT | 2025-05-27 00:00:00

Commerce Adviser Sk. Bashir Uddin has urged Algeria to import jute goods and traditional products from Bangladesh.He made the request during a meeting with Algerian Ambassador to Bangladesh Abdelouahab Saidani at the adviser's Secretariat office in Dhaka on Monday.In the...

Most SMEs miss business boon Fourth Industrial Revolution offers

SYFUL ISLAM | 2025-05-27 00:00:00

An industrial breakthrough driven by everyday-evolving technological innovations shies away from smaller enterprises, in particular, across Bangladesh largely for blissful ignorance of the wonders artificial intelligence and technologies work, save few exceptions. Sharmin Sultana Liza tries to make a difference...

Global central banks talk harsh new economic realities in Tokyo

2025-05-27 00:00:00

TOKYO, May 26 (Reuters): It's Japan's version of the Fed's Jackson Hole symposium, without the trail hikes or views, and this year's gathering of global central bankers in Tokyo will focus on two uncomfortable realities: flagging economic growth and sticky...

EU sees 'new impetus' in US trade talks

2025-05-27 00:00:00

BRUSSELS, May 26 (Reuters): US President Donald Trump's decision to drop his threat to impose 50% tariffs on European Union imports from next month gave 'new impetus' to trade talks, the EU said on Monday, as global stock markets climbed...

Shares in China-listed Apple suppliers fall after Trump's tariff threats

2025-05-27 00:00:00

SHANGHAI, May 26 ((Reuters): China-listed Apple supplier stocks lost ground on Monday after US President Donald Trump threatened tariffs on imported iPhones.Shares in Luxshare, which assembles iPhones and makes AirPods, fell 2.2 per cent while Chinese mobile screen maker Lens...

Saudi Arabia's non-oil exports climb 13.4pc in Q1

2025-05-27 00:00:00

RIYADH, May 26 (Arab News): Saudi Arabia's non-oil exports rose 13.4 percent to SR80.72 billion ($21.52 billion) in the first quarter of 2025 compared to a year earlier, underscoring the Kingdom's ongoing efforts to diversify its economy. According to preliminary...

LANDMARK ACHIEVEMENT BY NOTUNDHORA ASSETS

2025-05-27 00:00:00

Notundhora Assets Limited is the first housing company in the country to receive a recommendation for the approval of a private housing project from the National Housing Authority. Notundhora Assets has recently received this exceptional recognition through an official approval...

CHARTERED LIFE AND COMMERCIAL BANK OF CEYLON SIGN AGREEMENT

2025-05-27 00:00:00

An agreement has been signed between Chartered Life Insurance PLC and Commercial Bank of Ceylon. CEO (Acting) of Chartered Life Mohammed Amdad Ullah and CEO of Commercial Bank of Ceylon Najith Meewanage signed the agreement on behalf of their respective...

Agrani Bank's 30-day foundation course held

2025-05-27 00:00:00

A concluding ceremony of a 30-day foundation course for the 90th and 91st officers (cash) Batch organised by the Agrani Bank Training Institute (ABTI) was held in the city on Sunday. Agrani Bank PLC Deputy Managing Director Md Abul Bashar...

Janata Bank's six-day Credit Management Training Course begins

2025-05-27 00:00:00

A six-day Credit Management Training Course (Batch 01/15) organised by the Janata Bank Staff College of Janata Bank PLC began on Saturday. Managing Director of the bank Md Mazibur Rahman inaugurated the course as the chief guest. DGM of Staff...

SONALI BANK SIGNS MOU WITH BIDA TO FACILITATE ACCOUNT OPENING

2025-05-27 00:00:00

Sonali Bank PLC and five other government agencies signed a memorandum of understanding (MoU) with Bangladesh Investment Development Authority (BIDA) to integrate five services aimed at expediting the process of starting a business in Bangladesh. Deputy Managing Director of Sonali...

BD-China trade confce on June 1

2025-05-27 00:00:00

A daylong 'Bangladesh-China Conference on Investment and Trade' will be held on June 1 at "Biniyog Bhaban" (Investment Building) in the city, reports BSS.Bangladesh Economic Zones Authority (BEZA) and Bangladesh Investment Development Authority (BIDA) are going to jointly organise the...

Sony-Smart Electronics Fair kicks off

2025-05-27 00:00:00

A two-week-long 'Sony-Smart Electronics Fair 2025' kicked off on the ground floor of Saptak Square at Dhanmondi in Dhaka on Sunday. The fair will run through June 6, says a statement.Visitors to the fair can purchase a wide range of...

AB BANK LAUNCHES ISLAMIC BANKING DEPOSIT PRODUCTS

2025-05-27 00:00:00

AB Bank recently launched three new Shariah-compliant deposit products. AB Maahir offers higher quarterly profits than general Mudarabah savings accounts with a minimum balance of Tk 5,000. AB Islamic DPS is a monthly installment-based deposit plan with tenure up to...

Saudi Arabia restructures $32b sukuk to strengthen debt strategy, local market

2025-05-27 00:00:00

JEDDAH, May 26 (Arab News): Saudi Arabia has completed a sukuk restructuring and new issuance of over SR120 billion ($32 billion), advancing its strategy to enhance fiscal sustainability, optimize debt management, and deepen the local debt market. According to the...

DESCO to issue more preference shares to govt

FE REPORT | 2025-05-27 00:00:00

The stock market regulator has given permission to the Dhaka Electric Supply Company (DESCO) to issue another 2.38 million preference shares to the government against share money deposits.The state-owned power distributor will issue shares worth Tk 23.81 million at a...

Asset managers' last-ditch effort to keep investors with pooled funds

MOHAMMAD MUFAZZAL | 2025-05-27 00:00:00

The country's mutual fund (MFs) industry is in a tight spot as unitholders, frustrated over no return and persistent erosion in the equity market, have increasingly been withdrawing their investments. The disinterest shown in open-ended funds has raised concerns among...

Enhanced domestic revenue mobilisation for economic resilience

T.I.M. Nurul Kabir | 2025-05-27 00:00:00

The upcoming budget for FY2025-26 is very significant for Bangladesh from several perspectives. This is the first budget after the fall of the ousted government, and the interim government aims to use the budget as a platform for structural reform...

Why young couples in Dhaka delaying children

2025-05-27 00:00:00

Modern-day Dhaka presents significant obstacles to starting a family, particularly due to the financial challenges faced by young couples. With rising living costs consuming much of their disposable income, delaying parenthood has become the new norm. Couples are increasingly aligning...

Rebuilding investor confidence

2025-05-27 00:00:00

The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) are critical pillars of Bangladesh's financial system. Yet, both markets have increasingly become unstable, causing significant financial losses for ordinary investors. This erosion of investor confidence stems from a range...

Smart farming to help farmers

Syed Fattahul Alim | 2025-05-27 00:00:00

During its emergence as an independent nation more than half a century back, agriculture was the mainstay of the economy with 85 per cent of the population dependent on it. And agriculture's share of the GDP was 80 per cent....

Saving the Modhupur Forest a race against time

Mir Mostafizur Rahaman | 2025-05-27 00:00:00

There was a time when the Modhupur forest, also known as the Modhupur Sal forest, was a vibrant ecosystem teeming with wildlife. For those who grew up near its edges, the memories of deer grazing freely, birdsong echoing through thick...

Missing revenue target

2025-05-27 00:00:00

When a set revenue target looks unachievable, the reasons may be either it is too lofty to achieve or inefficiency on the part of taxmen or some unavoidable setback encountered at some point of the fiscal period. In case of...

Economic outlook is marked by cautious optimism

Monzur Hossain, Tanvir Bashar, Md. Fahim Afsan Chowdhury, Nepoleon Dewan, Nasrin Sultana and Arafat Rahman | 2025-05-27 00:00:00

Food inflation, as well as overall inflation, has continued to fall since November 2024. Food inflation came down to 8.63 per cent in April 2025 from 8.93 per cent in March 2025. Similarly, general inflation came down to 9.17 per...

Bangladesh to seek $1.0b in budget support

MIR MOSTAFIZUR RAHAMAN | 2025-05-26 12:00:00

Bangladesh will seek one-billion-dollar budget support from Japan during the Chief Adviser's upcoming visit, which will also yield some bilateral cooperation accords, officials said.Chief Adviser Prof Muhammad Yunus is scheduled to visit Tokyo on May 28-31, with these matters high...

Warning over rice market instability

2025-05-26 12:00:00

The price of rice, the staple food of Bangladesh, has long been an overriding concern for the general public, as it significantly affects living expenses of a majority of the people due to their limited incomes. Unlike other consumer goods,...

Electrical products

2025-05-26 00:00:00

Electrical products on sale at a shop in the city on Sunday.- FE Photo