A team from the Faculty of Business Studies, Dhaka University (DU), won the final round in Bangladesh of the CFA Institute Research Challenge 2024-25, according to a statement. The competition was held in Dhaka recently. The DU team advanced to...
Finance Adviser Dr Salehuddin Ahmed has said that boosting the tax to GDP ratio and attracting more Foreign Direct Investment (FDI) are some of the big challenges before the government apparently in a bid to streamline further the country's economy,...
FE REPORT | 2025-03-03 00:00:00
Intraco Refueling Station had to shut down one of its 15 refueling stations as the land owner wants to build a high-rise building on the spot, according to a stock exchange filing on Sunday. It had rented the property from...
BABUL BARMAN | 2025-03-03 00:00:00
The shutdown of textile units of BEXIMCO has worried Sukuk investors as it injected about 30 per cent of the proceeds of Shariah-compliant bonds in the textile division. BEXIMCO, a flagship listed company of Beximco Group, is the first private...
Rupali Bank PLC held a Business Review Meeting 2025 at a resort at Basail in Tangail on Friday, with the participation of branch managers under Mymensingh Divisional Office. Managing Director of the bank Kazi Md. Wahidul Islam was present as...
RFL Group, a leading business conglomerate, is set to invest about Tk 2.0 billion to expand its plastic household goods in the global market and enhance export opportunities.The investment will be allocated for purchasing machinery and construction of factory buildings....
ONE Bank formally inaugurated its 48th sub-branch at KAFCO Centre under Anowara Branch in Chattogram recently. Md Zahidul Islam, Executive Vice President & In-charge of Operations Division; Mohammad Shahid Ul Haque, Executive Vice President & Head of Retail Banking Division;...
BRAC Bank has appointed 35 management trainees for its branch operations through its signature Talent Onboarding programme, namely Young Leaders. This recruitment is part of BRAC Bank's strategy to expand the Branch Distribution Network through branches and sub-branches across the...
Islami Bank Bangladesh PLC launched a month-long campaign titled 'Savings for Welfare' along with two new products -- the Digital Daan (Donation) Box and the Mudaraba Umrah Savings Scheme -- at Islami Bank Tower on Sunday. Obayed Ullah Al Masud,...
The Power and Energy Ministry has launched a motivational campaign urging people to set their air conditioners to 26 degrees Celsius in order to keep the electricity demand at a manageable level, reports UNB.As part of the campaign, Energy Adviser...
LONDON, Mar 2: Asian spot liquefied natural gas (LNG) prices fell further last week to its lowest level in 10 weeks, tracking Europe's bearish gas price momentum and amid weak demand due to comfortable levels of storage.The average LNG price...
United Commercial Bank (UCB) has achieved a savings growth of over Tk 13.32 billion in just 20 working days of February. This net deposit growth is a testament to the renewed trust of customers in the bank, says a statement.Regarding...
Guardian Life Insurance Limited settled over 150,000 insurance claims in 2024. The company has been able to win the trust of its customers by efficiently settling 95 per cent of claims within only three working days and over Tk 2.41...
MONIRA MUNNI | 2025-03-03 00:00:00
The majority of Bangladesh's export-oriented garment factories not affiliated with any of the apex trade bodies in the sector ship products to non-traditional markets mainly because of less compliance requirements from buyers.Industry insiders say most of these "non-member" units sub-contract...
World leaders and organisations continuously develop strategies to address development challenges, particularly gender issues. Gender mainstreaming plays a key role in ensuring equality and equity for women, yet significant challenges persist. Climate change, a globally recognised phenomenon, not only exacerbates...
It's no secret that Bangladesh's economy continues to grapple with one of its deadliest challenges: tax evasion. Despite remarkable economic growth in recent years, billions of taka are still lost, with some of the country's most prominent public figures avoiding...
Neil Ray | 2025-03-03 00:00:00
The resignation of Syed Jamil Ahmed, Director General of Bangladesh Shilpakala Academy, has opened up a Pandora's box. An acclaimed theatre personality and academic, Syed Jamil was the right choice for leading the country's highest organisation nurturing its art and...
Syed Fattahul Alim | 2025-03-03 00:00:00
Egg, milk, chicken, beef, mutton and vegetables including potato, aubergine are most in demand especially in the holy month of Ramadan. But as is the usual practice with the traders of the essential commodities in Bangladesh, they invariably raise the...
The interim government's decision to abandon the previous Awami League government's over-ambitious and unrealistic plan for 100 economic zones, and instead prioritise the development of five strategically selected zones, is a prudent and commendable move. The AL government's so-called 100...
Muhammad Zamir | 2025-03-03 00:00:00
Adages and proverbs (Bachans) have left an indelible footprint on our rural socio-cultural heritage, especially agriculture. Historical records are not precise as to when people of Bengal started their agricultural profession, but more likely than not, it predates 400 BC....
BNP Vice-chairman Shamsuzzaman Dudu speaking at a rally, organised by Desh Bacaho, Manush Bachao Andolon' in front of the Jatiya Press Club in the capital on Saturday. — Focus Bangla
FE REPORT | 2025-03-02 12:00:00
In continuation of its remarkable financial performance in recent years, the Sonali Bangladesh UK Limited (SBUK) earned a handsome amount in pre-tax profit of £8.0 million in 2023.SBUK has paid dividend amounting £2.0 million to its two shareholders -- Ministry...
FE REPORTThe government has kept unchanged the prices of diesel and kerosene at Tk105 per litre, octane at Tk126 per litre and petrol at Tk 122 per for the month of March under the automatic fuel pricing formula.Petroleum prices have...
SIRAJGANJ, Mar 1 (bdnews24.com): Police have released three students on bond after imposing a fine on them for allegedly vandalising a hotel and a grocery shop in Sirajganj's Tarash Upazila.The incident took place at Khalkula Bazar along the Natore-Bonpara Highway...
COX'S BAZAR, Mar 1 (BSS): Home Adviser Lieutenant General Md Jahangir Alam Chowdhury (Retd.) has ordered the withdrawal of Chakaria Police Station Officer-in-Charge (OC) in Cox's Bazar within 24 hours.He gave the order after a view-exchange meeting with officials of...
BRAHMANBARIA, Mar 1 (UNB): A 32-year-old Bangladeshi national was shot dead allegedly by the members of Indian Border Security Force (BSF) along the Putia border in Kasba upazila of Brahmanbaria district on Friday.The deceased was identified as Al Amin, 32,...
SHARIATPUR, Mar 1 (UNB): Two suspected robbers were killed and five others injured in a lynch-mob attack at Angaria of Sadar upazila of Shariatpur district on Friday night.The identities of the deceased could not be confirmed.During the incident, four people...
REZAUL KARIMThe government has undertaken a move to devise necessary strategies and find a way out to prevent illegal import of yarn with a view to protecting the local industry, sources said.To this end, the Bangladesh Trade and Tariff Commission...
FE Report | 2025-03-02 00:00:00
The main focus of the interim government is to keep the prices of daily essentials at a tolerable level during the holy month of Ramadan, said Shafiqul Alam, press secretary to the chief adviser, on Saturday. Addressing a press briefing...
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