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Dhaka-Ctg highway to be upgraded to 10 lanes

NAZIMUDDIN SHYAMOL | 2025-02-27 00:00:00

CHATTOGRAM, Feb 26: The Dhaka-Chattogram four-lane highway will be upgraded to a 10-lane road for smooth traffic.Meanwhile, the government has revised a plan to upgrade the highway to a 10-lane one at a cost of Tk 732 billion.Earlier, they had...

Jubodal leader killed in clash in Sherpur

2025-02-27 00:00:00

SHERPUR, Feb 26 (UNB): A upazila Jubodal leader was killed and his two associates were injured in an attack allegedly by rivals over establishing supremacy in Sherpur Sadar upazila on Tuesday night.The deceased is Jakaria Badal (47), who was joint...

Court orders to attach buildings of ex-mayor Sayeed Khokon, sister

2025-02-27 00:00:00

A Dhaka court has ordered to attach a 14-storied building in the capital's Gulshan area and two houses in Banani of former member of parliament (MP) from Dhaka-6 constituency and Dhaka South city mayor Mohammad Sayeed Khokon, a plot and...

Hefazat blocks road, demands withdrawal of cases

2025-02-27 00:00:00

BRAHMANBARIA, Feb 26 (UNB): Leaders and activists of Hefazat-e-Islam have blocked Cumilla-Sylhet highway, demanding withdrawal of the cases filed against their leaders. The leaders and activists of Hefazat-e-Islam under the banner of Alem-Ulama and Touhidi Janata took to the street...

President accepts Nahid's resignation letter

2025-02-27 00:00:00

President Mohammed Shahabuddin has accepted the resignation letter of adviser Nahid Islam who stepped down from his position on Tuesday, reports UNB.A gazette notification, signed by Md Mahmudul Hossain Khan, secretary (coordination and reform) to the routine duty of the...

SC to hear Azharul's review petition on Apr 22

2025-02-27 00:00:00

The Supreme Court (SC) has fixed April 22 to hear Jamaat-e-Islami leader ATM Azharul Islam's appeal against his death sentence for crimes against humanity during the Liberation War, report agencies.A five-member Appellate Division bench led by Chief Justice Syed Refaat...

Salman, eight others shown arrested in new cases

2025-02-27 00:00:00

A Dhaka court has placed former law minister Anisul Huq on a six-day remand in two murder cases, while former IGP Chowdhury Abdullah Al Mamun was remanded for three days in a murder case, report agencies.Dhaka Metropolitan Magistrate Mohammad Sefatullah...

Stock market manipulated for political gains in past: Khosru

2025-02-27 00:00:00

BNP Standing Committee Member Amir Khosru Mahmud Chowdhury has said the government had used stock market as a tool for political exploitation for the last 15-16 years, reports UNB. The BNP leader made the remarks while speaking at a discussion...

BNP Senior Joint Secretary General Ruhul Kabir Rizvi talking to journalists

2025-02-27 00:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi talking to journalists on Wednesday after visiting the parliament's LD Hall, the venue for party's extended meeting scheduled to be held today (Thursday). — Focus Bangla

Stocks, dollar jump as House advances Trump's tax cut plans

2025-02-27 00:00:00

LONDON, Feb 26 (Reuters): Global shares and the dollar rose on Wednesday after House Republicans advanced U.S. President Donald Trump's tax cut plans, while Treasury yields nudged higher after the previous day's sharp fall.The Republican-controlled U.S. House of Representatives late...

Hajj Finance Company holds customers' gathering

2025-02-27 00:00:00

Hajj Finance Company Limited, a Shariah-based Bangladesh-Malaysia joint venture non-banking financial institution, held a customers' gathering at the company's head office in the city on Wednesday. Chairman of the company Dr Abu Tweb Abu Ahmed was present as the chief...

Standard Bank holds its 407th Board Meeting

2025-02-27 00:00:00

The 407th Board Meeting of Shari'ah-based Standard Bank PLC was held on Wednesday at its Head Office in Dhaka. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. It was attended by Vice Chairman A K...

AGRANI BANK FOUNDATION COURSE ENDS -

2025-02-27 00:00:00

The certificate distribution ceremony of a 30-day foundation course organised by the Agrani Bank Training Institute (ABTI) was held on Wednesday. Agrani Bank's Chief Executive Officer Md Anwarul Islam was present as the chief guest and Deputy Managing Director Md...

SCHOOL BANKING CONFERENCE- 2025 IN BHOLA

2025-02-27 00:00:00

The School Banking Conference- 2025 was held in Bhola on Saturday, aimed at encouraging school students to develop a habit of saving. Imtiaz Ahmad Masum, director of the Bangladesh Bank in Barishal, attended the conference as chief guest. Mirza Azhar...

MTB INAUGURATES 121ST BRANCH AT LOHAGARA, NARAIL

2025-02-27 00:00:00

Mutual Trust Bank (MTB) opened its 121st branch in Lohagara, Narail recently. Syed Mahbubur Rahman, managing director & CEO of the bank, inaugurated the branch as chief guest. Md. Khalid Mahmood Khan, additional managing director & CBO; Abdul Mannan, deputy...

SOUTHEAST BANK HOLDS TRAINING WORKSHOP ON OEMS

2025-02-27 00:00:00

Southeast Bank organised a training workshop titled "Importance of timely and errorless reporting of export transactions in Online Export Monitoring System (OEMS)" at the bank's training institute in the capital recently. Nuruddin Md. Sadeque Hossain, managing director of the bank,...

Peoples Ins gets new director

FE REPORT | 2025-02-27 00:00:00

Mohammed Mizan Victor Mohsin was appointed as a new director of Peoples Insurance Company Limited at the 442nd meeting of the board of directors on Wednesday.Mr. Mohsin is the son of Mohammed Mohsin, vice-chairman of the PHP family, according to...

All urged to work for keeping commodity prices under control

2025-02-27 00:00:00

Commerce Secretary Mahbubur Rahman urged all concerned on Wednesday to work sincerely for keeping the prices of commodities under control in the country, reports BSS.Mahbubur made the call while exchanging views with the officials of the Ministry of Commerce and...

Sida pledges support for Bangladesh to secure EU trade preferences

FE REPORT | 2025-02-27 00:00:00

Swedish International Development Cooperation Agency (Sida) expressed its desire to support Bangladesh in qualifying for EU's trade preferences. Dr. Jakob Granit, Director-General of Sida, mentioned this intention during his visit to Bangladesh. "Bangladesh is on a solid path of reform...

Meghna Petroleum's profit surges 68pc on high bank deposit income

FE Report | 2025-02-27 00:00:00

State-run Meghna Petroleum registered a 68 per cent year-on-year growth in profit to Tk 1.63 billion in the October-December (Q2) quarter of FY25, backed by a jump in operating profit and non-operating income.Non-operating income, however, played a pivotal role in...

Equity market shrinks more than 37pc in 16 years: DBA

FE REPORT | 2025-02-27 00:00:00

Bangladesh's stock market, if adjusted to inflation, has been reduced by 37.6 per cent in the past 16 years, according to a research paper of the DSE Brokers Association of Bangladesh (DBA). The annual average return of the index was...

Amazon eyes new direction for Alexa with AI overhaul

2025-02-27 00:00:00

NEW YORK, Feb 26 (Reuters): Amazon on Wednesday is set to host an event showcasing new capabilities for Alexa that will bring the service into the age of generative artificial intelligence, more than a decade after it ushered in a...

US and Ukraine near deal on rare minerals

2025-02-27 00:00:00

KYIV, Ukraine, Feb 26 (AP): Ukraine and the U.S. have reached an agreement on a framework for a broad economic deal that would include access to Ukraine's rare earth minerals, three senior Ukrainian officials said Tuesday.The officials, who were familiar...

Trust Bank Leads 'School Banking Conference-2025' in Jashore

2025-02-27 00:00:00

Trust Bank PLC recently organised 'School Banking Conference-2025' at the Software Technology Park auditorium in Jashore. The event was held in cooperation with all scheduled banks operating in the district, with Trust Bank PLC acting as the lead bank. More...

Prime Bank, BIA host training on Bancassurance

2025-02-27 00:00:00

Prime Bank PLC., in partnership with Bangladesh Insurance Academy (BIA), has recently conducted a 3-day training course on 'Bancassurance' for its employees at BIA's head office in the capital. The training session was inaugurated by Md. Apel Mahmud, Member (Life),...

HSBC highlights emerging trends in payments and treasury management solutions

2025-02-27 00:00:00

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh recently organised an event titled 'Digitise at Scale: Emerging Trends in Payments and Treasury Management solutions'. The forum created an opportunity to share insights and views on utilisation of digital tools...

Jute spinners demand steps against India’s anti-dumping duty

FE REPORT | 2025-02-27 00:00:00

Local jute spinners have urged the government to take necessary measures in the wake of India's imposition of anti-dumping duties on jute products. They also demanded restrictions on raw jute exports to support the growth of the local industry.The Bangladesh...

Home-based RMG workers largely invisible: BLF Study

MONIRA MUNNI | 2025-02-27 00:00:00

Home-based garment workers, who mostly work on a piece-rate basis for export-oriented apparel factories across the country, especially the subcontracting ones, remain largely invisible, according to a latest study.These workers are unorganised and lack bargaining power, often unaware of labour...

Gold prices steady -----

2025-02-27 00:00:00

Gold prices held steady on Wednesday following a 2 per cent decline in the previous session, while investors focused on US President Donald Trump's tariff plans, which have raised concerns about a trade war, reports Reuters.Spot gold was little changed...

Oil holds at two-month low on rising supply concerns

2025-02-27 00:00:00

LONDON, Feb 26 (Reuters): Oil prices held at two-month lows on Wednesday as a potential peace deal between Russia and Ukraine continued to weigh on prices while lower US crude stockpiles provided some support.Brent crude was down 19 cents at...