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Singapore economy beats Q1 forecasts, warns of trade war risks

2025-05-23 00:00:00

SINGAPORE, May 22 (AFP): Singapore's economy rose faster than expected in the first quarter year-on-year, official data showed Thursday, pushed by stronger global demand as businesses rushed to beat the imposition of higher US tariffs.The government, however, warned that downside...

Bitcoin hits record high amid optimism over US legislation

2025-05-23 00:00:00

LONDON, May 22 (AFP): Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States.The world's most popular cryptocurrency surged to an all-time peak of $109,499.76, surpassing its previous high set...

RAKUB holds 592nd board meeting

2025-05-23 00:00:00

The 592nd meeting of the board of directors of Rajshahi Krishi Unnayan Bank (RAKUB) was held at its head office in the city on Thursday. Chairman of the bank Prof Dr Mohammad Ali presided over the meeting. RAKUB Managing Director...

Union Bank holds 9th Risk Management Committee Meeting -

2025-05-23 00:00:00

The 9th meeting of the newly formed Risk Management Committee of Union Bank PLC was held at the bank's Head Office, Gulshan-1, Dhaka, on Wednesday. Chairman of the Risk Management Committee Md. Humayun Kabir presided over the meeting. Member of...

Karmasangsthan Bank opens two branches in Gaibandha

2025-05-23 00:00:00

The inauguration of the 279th and 280th branches of Karmasangsthan Bank at Gobindaganj and Sundarganj upazilas of Gaibandha district was held on Thursday. Former Secretary and Chairman of the Board of Directors of Karmasangsthan Bank AFM Matiur Rahman inaugurated the...

Rupali Bank sets up safe drinking water facility at Mugda Hospital

2025-05-23 00:00:00

Rupali Bank PLC's Mugda Branch has installed a safe drinking water facility at Mugda Medical College and Hospital, ensuring free access to clean water for patients, their relatives, and visitors. The initiative was officially inaugurated by Rupali Bank Managing Director...

SONALI INVESTMENT HOLDS 15TH AGM

2025-05-23 00:00:00

The 15th Annual General Meeting (AGM) of Sonali Investment PLC, a subsidiary of Sonali Bank PLC, was held at the bank's head office conference room on Wednesday. Chairman of Sonali Investment and MD & CEO of Sonali Bank Md Shawkat...

PRIME BANK PARTNERS WITH CORACLE GMBH FOR EDUCATION IN GERMANY

2025-05-23 00:00:00

Prime Bank entered into a strategic partnership with Coracle GmbH, a trusted provider of blocked account services in Germany, to simplify and expedite the visa application process for Bangladeshi students pursuing higher education in Germany. Recently, a signing ceremony was...

BB, BRAC BANK SIGN SME ENTREPRENEURSHIP DEVELOPMENT DEAL

2025-05-23 00:00:00

BRAC Bank signed an agreement with the Bangladesh Bank to train SME entrepreneurs as part of the Entrepreneurship Development Program under Skills for Industry Competitiveness and Innovation Program (SICP) of the Ministry of Finance. Under the initiative, 28 banks and...

MERCANTILE BANK'S STEEL MILL SUB BRANCH SHIFTS TO NEW LOCATION

2025-05-23 00:00:00

The Steel Mill Sub Branch of Mercantile Bank has been shifted on Thursday, May 22, to Ali Building, Narikel Tola, ward no-39, Chattogram City Corporation. Mati Ul Hasan, managing director, virtually inaugurated the branch as the chief guest by cutting...

No place to hide from any China-Taiwan conflict, investors say

2025-05-23 00:00:00

SINGAPORE, May 22 (Reuters): Foreign investors could once barely imagine that China would invade neighbouring Taiwan, but with Donald Trump as president of the United States, many view it as a tail-risk scenario they must prepare for, although they cannot...

Daraz launches Big Eid Sale

2025-05-23 00:00:00

As Eid-ul-Adha approaches, Daraz Bangladesh has unveiled its most anticipated campaign of the season, the 6.6 Big Eid Sale, running from May 20 to June 6. The campaign promises unmatched convenience and value for online shoppers, offering Flash Sale of...

bKash offers Hisense fridge, TV to highest remittance recipients

2025-05-23 00:00:00

Mobile financial service provider bKash has announced a special Eid campaign to encourage remittance inflow through formal banking channels. As part of the initiative, the highest daily remittance recipient on a bKash account will receive a Hisense deep freezer, while...

MoU inked to market Chinese eco-friendly e-bike in BD

2025-05-23 00:00:00

A Memorandum of Understanding (MoU) was inked between state-owned Atlas Bangladesh Limited and Chinese electric scooter and bike manufacturer Zhejiang Luan Electric Vehicle Company Limited to successfully market electric bikes (e-bikes) in the country, reports BSS.In presence of Additional Secretary...

Olympic Industries to invest more in cookie production

FE REPORT | 2025-05-23 00:00:00

The country's leading biscuit and confectionery producer Olympic Industries has decided to invest in "multi colour cookie production" to stay ahead of competitors after its recent investment in production of crackers, chocolate, chanachur, and cake.In a stock exchange filing on...

Jamuna Bank promotes Shahidul Islam as DMD

2025-05-23 00:00:00

Jamuna Bank promoted Md. Shahidul Islam to the esteemed position of deputy managing director (DMD), effective from April 28 this year. The move underscores the bank's continued commitment to recognising experienced leadership and fostering sustainable growth through vision and integrity,...

Who own BO accounts frozen by regulator, why the crackdown

FE REPORT | 2025-05-23 00:00:00

The new securities commission under the leadership of Khondoker Rashed Maqsood froze assets in 617 beneficiary owner's (BO) accounts mostly upon receiving court orders or requests from several government agencies over corruption allegations. There were also cases of misconduct, mainly...

Global Insurance School Kho Kho tourney begins today

2025-05-23 00:00:00

A two-day long Global Insurance School Kho Kho tournament-2025 begins at Paltan Grounds in the city today (Friday).The tournament was organised by Bangladesh Kho Kho Federation and sponsored by Global Insurance Limited), according to a press release.A total of 13...

French Open increases purse to record $63.7m

2025-05-23 00:00:00

The French Open is elevating its total purse at Roland Garros to about $63.7 million, an increase of 5.21 percent compared to last year, reports Reuters.The prize for the men's and women's singles winners is $2.9 million, up almost $170,000...

UAE clinch historic T20I series win over Tigers

2025-05-23 00:00:00

United Arab Emirates (UAE) sealed a memorable 2-1 T20I series win over Bangladesh with a commanding seven-wicket victory in the third and final match at Sharjah on Wednesday night, reports UNBChasing 163, UAE rode on a brilliant unbeaten 68 off...

Bangladesh A edge ahead on rain-hit Day 2

2025-05-23 00:00:00

Bangladesh A batters batted resolutely to keep the side's nose ahead against the visiting New Zealand A on Day 2 of the series-deciding second four-day game at Sher-e-Bangla National Cricket Stadium in the city on Thursday, reports BSS.The home side...

Spurs clinch Europa League glory on golden night

2025-05-23 00:00:00

BILBAO, Spain, May 22 (Reuters): Brennan Johnson's bundled first-half goal helped Tottenham Hotspur win a scrappy Europa League final 1-0 against Manchester United on Wednesday as they cast aside their domestic woes to end a painful 17-year trophy drought.In a...

Soumya ruled out of Pakistan tour, Miraz called up

2025-05-23 00:00:00

National opening batter Soumya Sarkar has been ruled out of next week's Pakistan tour due to injury while all-rounder Mehidy Hasan Miraz has received a fresh call-up for the three-match T20I series against the hosts, report agencies.Soumya, who was part...

Gold prices ease from two-week high as dollar edges higher

2025-05-23 00:00:00

Gold slipped on Thursday after hitting a nearly two-week high earlier in the session, hurt by an uptick in the dollar, although worries over the US government's increasing debt burden and fiscal outlook kept prices above $3,300 level, reports Reuters....

Bangladesh Tea Assoc holds 64th AGM

FE REPORT | 2025-05-23 00:00:00

Bangladesh Tea Association (BTA), an organisation of owners of tea estates in the country, held its 64th Annual General Meeting (AGM) in its office in the capital on Thursday.BTA Chairman Kamran T Rahman presided over the AGM, while Senior Vice-Chairman...

Oil prices drop over 1pc

2025-05-23 00:00:00

LONDON, May 22 (Reuters): Oil prices dropped by more than 1 per cent on Thursday after a report that OPEC+ is discussing a production increase for July, stoking concerns that global supply could exceed demand growth.Brent futures fell 96 cents,...

Couple held while fleeing after killing husband's elder brother

2025-05-23 00:00:00

CHATTOGRAM, May 22 (UNB): Police arrested a man and his wife while they were attempting to flee with the body of husband's elder brother after allegedly killing him, from the Chandgaon residential area of Chattagram on Wednesday.The arrestees were identified...

Youth dies in Laxmipur road crash

2025-05-23 00:00:00

LAXMIPUR, May 22 (BSS): A youth was killed in a road accident near LM Pilot High School in Raipur upazila of the district on Thurs morning.The deceased was identified as Raihan Hossain, 24, son of Siraj Sarder, a resident of...

Cox's Bazar Medical College to be converted into 500-bed hospital

OUR CORRESPONDENT | 2025-05-23 00:00:00

COX'S BAZAR, May 22: After 17 years of establishment, Cox's Bazar Medical College has received the approval to be turned into a 500-bed comprehensive hospital. After the final approval obtained at the ACCGP meeting on Tuesday (May 20), the institution...

rowing incidence of rape

2025-05-23 00:00:00

One of the most degrading phenomena of modern human civilisation is rape. It has sadly become a frequent headline in daily newspapers, and the incidence is growing higher day by day. Frantic wealth acquisition in an open market economy leaves...