CUMILLA, Mar 02 (UNB): Dhaka-Chattogram highway, a lifeline for the country's trade and commerce, has turned into a death trap with 152 fatalities and 137 injuries recorded in 171 road crashes between January and December last year.Despite being one of...
SIRAJGANJ, Mar 02 (UNB): Farmers in Sirajganj are celebrating a bumper mustard harvest this season, with the high yields complemented by favourable market prices.The success of this year's mustard cultivation has brought much-needed financial relief to many, particularly ahead of...
OUR CORRESPONDENT | 2025-03-03 00:00:00
SYLHET, Mar 02: Sunflower farming has witnessed massive expansion in Sylhet region this season mainly due to favourable climatic condition. Yield of the oil seed has been good, though the production target could not be achieved, farmers and officials said....
Saudi Arabia's stock market ended lower on Sunday, extending losses for a fourth session, amid disappointing corporate earnings, while Egypt's stock index was buoyed by upbeat company results, reports Reuters.Saudi Arabia's benchmark fell 0.6 per cent, hit by a 0.4...
SHANGHAI, Feb 28 (Reuters): China's mainland investors have played an unprecedented role in a rally on Hong Kong's equity market that has pushed the benchmark index to its highest level since 2022.Mainland investors typically buy or sell Hong Kong-listed shares...
Renowned actress and National Film Award-winning star Jaya Ahsan has recently been appointed the brand ambassador of the country's prestigious jewellery brand, Amin Jewellers. On the occasion, she visited Amin Jewellers' flagship store at Bashundhara City Shopping Mall. Mirza Syeedul...
Janata Bank PLC held Khulna Divisional Branch Managers' Conference at a hotel in Khulna recently. Managing Director of the bank Mazibur Rahman was present as the chief guest and DMD Md Golam Mortuza as a special guest. The conference was...
The 130th Shari'ah Supervisory Committee Meeting of Exim Bank was held at the bank's head office in Dhaka recently. Member of the committee Maulana Mohammad Abdur Razzak presided over the Meeting. Chairman of Exim Bank Md Nazrul Islam Swapan, Managing...
Social Islami Bank (SIBL) hosted its Agent Banking Conference 2025 at the bank's head office in the capital on February 26. The bank's acting managing director Md. Nazmus Saadat was present as chief guest, and Deputy Managing Director A.A.M Habibur...
Bank Asia organised the "Annual Business Meet 2025" at the Palace Luxury Resorts, Sylhet, on February 27. The bank's Chairman Romo Rouf Chowdhury, Board Executive Committee Chairman Rumee A. Hossain, Director Sabeth Nayeem Choudhury, and Managing Director Sohail R. K....
For the first time since independence, a cargo vessel from Pakistan carrying rice is set to reach Monga seaport this week, reports UNB.The Pakistan fagged-carrier vessel-loaded with 25 tonnes of rice left Karachi Qasim port a few days back and...
Installation of Electronic Fiscal Device (EFD) or Sales Data Controller (SDC) machines has been made mandatory in all the highway restaurants of the country aiming to enhance declining Value Added Tax (VAT) collection, reports UNB.The move by the National Board...
The Chartered Institute of Public Finance and Accountancy (CIPFA), UK, and The Institute of Cost and Management Accountants of Bangladesh (ICMAB) have signed a Memorandum of Understanding (MoU) to further strengthen public financial management in Bangladesh.Khalid Hamid, CIPFA International Director,...
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...
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