Gold will continue to outperform silver, Goldman Sachs said in a note on Monday, citing strong central bank demand for bullion as a factor that has structurally elevated the gold-silver price ratio, reports Reuters.As a result, the bank does not...
Islami Bank Bangladesh PLC held a view-exchange meeting on 'Islamic Banking and Finance' with Dr Humayon Dar, director general of Cambridge Institute of Islamic Finance, at the Islami Bank Tower in Dhaka recently. Md. Omar Faruk Khan, managing director (current...
Md Mostafizur Rahman, Managing Director (Current Charge), Citizens Bank PLC, formally inaugurated Panchrukhi Sub-Branch at Araihazar in Narayanganj on Monday in presence of Md Abdul Latif, Deputy Managing Director, Md Waheed Imam, SEVP & Company Secretary, and other high officials...
The 393rd meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at the Corporate Head Office of the bank recently. The meeting was presided over by its Chairman A. K. Azad. Managing Director Mosleh Uddin Ahmed...
OUR CORRESPONDENT | 2025-05-06 00:00:00
CHATTOGRAM, May 05: The Chittagong Port Authority (CPA) has resumed operational activities of its self-funded export-oriented container scanner. CPA has taken the initiative as a part of the implementation of the ISPS Code, which will play an important role in...
Expatriates' Welfare and Overseas Employment Adviser Dr Asif Nazrul urged the Saudi government on Monday to recruit more skilled workers from Bangladesh ahead of the World Expo 2030, the FIFA World Cup 2034 and other mega events and infrastructure projects,...
Finance Adviser Dr Salehuddin Ahmed holds a meeting with Vice President of The Agriculture Innovation Mechanism for Scale Professor Michael Kremer on the sidelines of the 58th Annual Meeting of the Asian Development Bank (ADB) in Milan, Italy, on Monday....
FE REPORT | 2025-05-06 00:00:00
Commerce Adviser Sheikh Bashir Uddin on Monday underscored the urgent need for a national food security policy, calling it a top priority for the country."We need to understand our responsibilities and shape our actions accordingly," he said while addressing a...
Berkshire Hathaway shares fell 2 per cent in premarket trading after famed investor Warren Buffett said he would step down as CEO of the $1.16 trillion conglomerate after leading it for 60 years, reports Reuters.The company's board voted unanimously to...
ISTANBUL, May 05 (AFP): Turkey's annual inflation rate slowed in April for the 11th month in a row, official data showed Monday.Consumer price rises slowed to 37.9 per cent, down from 38.1 per cent in March, figures from the Turkish...
Petrobangla and Bangladesh Krishi Bank signed a Memorandum of Understanding (MoU) on Monday to facilitate 50% payment of invoices for LNG imported from QatarEnergy. Director (Finance) of Petrobangla A K M Mizanur Rahman presided over the sigining ceremony held at...
The 70th executive committee (EC) meeting of Central Shariah Board for Islamic Banks of Bangladesh (CSBIBB) was held at the head office of First Security Islami Bank PLC in the city on Monday. Chairman of the EC of CSBIBB Mohammad...
Members of the Bangladesh Association of International Recruiting Agencies (BAIRA) urged the government on Monday to expedite the reopening of the Malaysian labour market in the interest of Bangladeshi workers, reports UNB.Speaking at a human chain and memorandum submission event...
FE REPORT | 2025-05-06 00:00:00
State-run Trading Corporation of Bangladesh (TCB) sought allocation of 26,871 tonnes of rice to sell them among 5.374 million smart cardholder families at a subsidised rate this month, sources said.The government has been selling some key essential items, including edible...
Kazi Zahin Hasan | 2025-05-06 00:00:00
The previous government repeatedly accused poultry companies of manipulating the price of eggs and chicken. But what really happened? First, when Russia invaded Ukraine, the prices of most imported feed materials increased. This was beyond the control of the poultry...
A view-exchange meeting was organised by the Barishal branch of the Investment Corporation of Bangladesh (ICB) on May 4 at Hotel King Fisher & Restaurant in Barishal. The event was presided over by Niranjan Chandra Debnath, managing director of ICB....
FE REPORT | 2025-05-06 00:00:00
Pubali Bank wants to raise Tk 15 billion through subordinated bonds to strengthen capital base under Basel-III compliance as per the Bangladesh Bank's December 2014 guidelines on risk-based capital adequacy.The bond issuance is subject to the approval of the regulatory...
FE REPORT | 2025-05-06 00:00:00
The Dhaka Stock Exchange (DSE) has revoked the TREC licence of Tristar Securities only 44 months after it was issued due to the firm's failure to maintain the required capital.However, the owner of Tristar Securities, Md. Zillur Rahman Mridha told...
Nuruddin Md. Sadeque Hossain, managing director (MD) of Southeast Bank PLC (SEBL), has been sent on a three-month forced leave, effective Monday, said sources from SEBL and Bangladesh Bank, reports UNB.This leave will continue until August 4th. During this period,...
Syed Mizanur Rahman has been appointed as managing director & CEO of AB Bank , with effect from May 5, according to a press statement. Mr. Rahman joined AB Bank in March 2011 as senior vice president and worked in...
MOHAMMAD MUFAZZAL | 2025-05-06 00:00:00
Bank stocks that used to be investors' preferred choice among equities for investment have long been failing to attract buyers because of their weakening financial health. The latest news over the lenders' deepening capital shortfalls dragged them to a new...
Manmohan Parkash | 2025-05-06 00:00:00
In a world teetering on the brink of climate catastrophe, the need for a new economic paradigm has never been more urgent. Traditional economic models, built on the principles of growth at all costs, have led us to environmental degradation,...
In Bangladesh, farmers are the unsung heroes. Yet, generation after generation, they have been left to toil in silence. Their sweat sustains the nation, but they are lef tin a state of neglect. Once a country grappling with food shortages...
The administration is the driving force of a state upholding the people's trust and justice. It's primary duty is to ensure equal rights and opportunities for all citizens without prejudice. Unfortunately, discrimination and favouritism are still evident at various levels...
Syed Fattahul Alim | 2025-05-06 00:00:00
The report that a teacher at the Chirirbandar Government Model Pilot High School examination centre in Dinajpur's Chirirbandar upazila has been fined Tk. 2000 and sentenced to 7 days' prison for helping a student to answer questions through mobile phone...
Mir Mostafizur Rahaman | 2025-05-06 00:00:00
The concept of a humanitarian or aid corridor is something relatively new to most people in Bangladesh. Yet, it has emerged as a central topic of national discussion following a recent UN-initiated proposal to channel aid to the famine-stricken Rakhine...
Reinstatement of scholarship for primary students, class V to be precise, makes sense following the cancellation of what was called a competence-based and outcome-focused education system introduced in 2023. With the introduction of the Primary Education Completion (PEC) examinations under...
Helal Uddin Ahmed | 2025-05-06 00:00:00
Bangladesh is now going through a critical phase centring on the debates surrounding political reforms and parliamentary election, which will have far-reaching consequences for the country's future. Many people and parties tend to mix up the reform agenda with that...
Barrister Abdur Razzaq, former assistant secretary general of Bangladesh Jamaat-e-Islami passed away at a hospital in the capital on Sunday. He was 74, reports UNB. Razzaq, also a senior lawyer of the Supreme Court (SC), breathed his last around 4:10...
Jamdani saris, meticulously handwoven by traditional artisans, are not just garments - they are embodiments of Bengal's cultural legacy. Every sari carries the invisible threads of labour, passion, and centuries-old craftsmanship. Yet, the very hands that create these masterpieces are...
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