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FSIB holds meeting with Hajj agencies

2025-04-29 00:00:00

First Security Islami Bank PLC organised a view-exchange meeting with Hajj agencies on Monday at the bank's head office. Abu Reza Md. Yeahia, Managing Director (Current Charge), was present as the chief guest. Md. Aminul Islam Shamim of Mehrab Air...

4th Bangladesh Remittance Fair held in New York

2025-04-29 00:00:00

Chairman of the Bangladesh Association of Banks (BAB) Abdul Hai Sarker inaugurated the 4th Bangladesh Remittance Fair 2025 at the LaGuardia Airport Marriott Hotel in New York recently, urging expatriates to invest in Bangladesh alongside sending remittances. Top officials from...

Al-Arafah Islami Bank provides Tk 1.0m to DU Statistics Department

2025-04-29 00:00:00

Al-Arafah Islami Bank has provided Tk 1 million for the construction of a Data Analytics and Service Centre at the Department of Statistics at Dhaka University (DU). The bank's Managing Director (Current Charge) Mohd. Rafat Ullah Khan handed over a...

Industrial output in India misses expectations

2025-04-29 00:00:00

NEW DELHI, Apr 28 (Reuters): India's industrial output in March missed economists' expectations amid a quicker data release and slower mining activity, but rebounded from a six-month low in the previous month, government data showed on Monday.Industrial output grew 3...

Risk of global economic recession surges on US tariff shockwaves: Poll

2025-04-29 00:00:00

BENGALURU, April 28 (Reuters): Risks are high that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll, in which scores said US President Donald Trump's tariffs have damaged business sentiment.Just...

BD-Pak trade falls short of potential: Experts

FE REPORT | 2025-04-29 00:00:00

The bilateral trade between Bangladesh and Pakistan remains much lower than its potential, speakers have observed.Further cooperation and exploring business opportunities between the two nations could help boost the two-way trade, they suggested.The observation came from the inaugural session of...

Oil prices stable amid economic uncertainty, OPEC+ supply concerns

2025-04-29 00:00:00

LONDON, Apr 28 (Reuters): Oil prices were stable on Monday as investors weighed up uncertainty over trade talks between the US and China, clouding the outlook for global growth and fuel demand, as well as the prospect of OPEC+ raising...

Gold dips as trade anxiety eases

2025-04-29 00:00:00

Gold prices dipped for a second straight session on Monday as US-China trade tensions eased, and the market awaited data due this week, reports Reuters.Spot gold was down 0.6 per cent at $3,297.10 an ounce as of 09:27 a.m. ET...

PEOPLES INSURANCE RECOMMENDS 10.5PC CASH DIVIDEND

2025-04-29 00:00:00

Peoples Insurance Company Ltd held its board meeting at the company's head office in Dhaka on Monday. Chairman of the company Jafar Ahmed Patwari presided over the meeting. At the meeting, the board of directors recommended 10.5% cash dividend for...

Workshop explores sustainable rice farming in haor areas

2025-04-29 00:00:00

A special workshop titled 'Understanding Farmer's incentives to adopt short duration rice variety in flash flood-prone haor (freshwater wetland) ecosystem in Bangladesh' was held at Gazipur Agricultural University (GAU) on Monday. The workshop was organised by GAU and funded by...

Japan, Vietnam sign deals on semiconductors, clean energy

2025-04-29 00:00:00

HANOI, Apr 28 (AFP): Japan and Vietnam agreed Monday to deepen cooperation on semiconductors and clean energy as Japanese Prime Minister Shigeru Ishiba visited Hanoi seeking to shore up ties after US President Donald Trump's tariff onslaught.Ishiba's visit-part of a...

Indian minister, UK minister meet to discuss trade deal

2025-04-29 00:00:00

LONDON, Apr 28 (Reuters): British trade minister Jonathan Reynolds will meet Indian Commerce Minister Piyush Goyal in London on Monday and Tuesday to discuss a trade deal, a spokesperson for Prime Minister Keir Starmer said."The business and trade secretary, Jonathan...

KSA, Qatar to settle Syria’s WB debt

2025-04-29 00:00:00

RIYADH, Apr 28 (AFP): Saudi Arabia and Qatar announced on Sunday that they would settle Syria's debt to the World Bank totalling roughly $15 million, according to a statement published by the Saudi Press Agency.Both Gulf states have played a...

JIBON BIMA CORPORATION LAUNCHES HEALTH RIDER

2025-04-29 00:00:00

Managing Director of Jibon Bima Corporation and Additional Secretary Md Mohibuzzaman inaugurated a new insurance product – 'Health Rider (individual insurance)' – at the head office of the corporation on Sunday. As part of the health benefits to be added...

Standard Bank Securities Limited holds board meeting-

2025-04-29 00:00:00

The 48th meeting of the Board of Directors of Standard Bank Securities Limited was held at Standard Bank Board Room, Head Office, Dhaka on Monday. Chairman Ferozur Rahman presided over the meeting. The meeting was attended by members of the...

Community Bank holds its 63rd board meeting

2025-04-29 00:00:00

The 63rd board meeting of Community Bank Bangladesh PLC was held at the Police Headquarters on Sunday. The meeting was chaired by Baharul Alam, Inspector General of Police and Chairman of Community Bank Bangladesh. During the meeting, the audited financial...

MEGHNA BANK BOARD HOLDS 188TH MEETING

2025-04-29 00:00:00

The 188th meeting of the Board of Directors of Meghna Bank PLC was held at the bank's head office recently. The meeting was presided over by Chairperson of the bank Uzma Chowdhury. Vice-Chairman and Chairman of the Executive Committee Tanveer...

PRIME BANK GIFTS PILGRIMS OF BIMAN HAJJ FLIGHT

2025-04-29 00:00:00

Prime Bank at an event recently handed over gifts to all the pilgrims of the first Hajj flight of Biman Bangladesh Airlines to take off on Tuesday. The ceremony was organised by Biman Bangladesh Airlines at Balaka Bhaban. M. Nazeem...

CITY BANK HOLDS BRANCH MANAGERS' CONFERENCE 2025

2025-04-29 00:00:00

City Bank held its Branch Managers' Conference 2025 on Saturday, April 26, at a hotel in Cox's Bazar in a festive manner. The primary objectives of the conference were to formulate strategies for the future, review branch performance, expand technology-driven...

IDLC Asset Shariah Fund meeting held

2025-04-29 00:00:00

The 22nd Shariah Supervisory Board Meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held on Sunday, with Dr. Syed Muhammed Emdad Uddin in the chair, says a statement. Board members Dr. Sayed Kamaluddin Abdullah...

Change of mindset needed to ensure women’s empowerment: Experts

FE REPORT | 2025-04-29 00:00:00

A change in mindset -- from the breakfast table to the workplace -- is urgently needed to accelerate actions toward an inclusive society, where gender rights, equality, and empowerment are ensured, as these have traditionally been viewed as a long...

ICB invested Tk 10b in 'A' stocks from recent govt fund

FE REPORT | 2025-04-29 00:00:00

The Investment Corporation of Bangladesh (ICB) has invested Tk 10 billion in 'A' category stocks out of Tk 30 billion received from the government under a sovereign guarantee.The remaining Tk 20 billion has been utilised in repaying a portion of...

Abdus Salam elected as Vice-Chairman of NCC Bank

2025-04-29 00:00:00

The board of directors of NCC Bank has elected Abdus Salam (sponsor director) as vice-chairman of the bank in a meeting held recently, according to a statement.Engr. Abdus Salam, a distinguished electrical engineer, graduated from the Bangladesh University of Engineering...

Eastern Housing's profit soars 26pc on higher sales of apartments

FE REPORT | 2025-04-29 00:00:00

Eastern Housing's profit jumped 26 per cent year-on-year to Tk 170.4 million in the third quarter of FY25, as apartment and land sales increased.The lone listed realtor's earnings per share stood at Tk 1.83 for the January-March quarter, up from...

Jamuna Oil's profit escalates over 56pc on high interest income

FE REPORT | 2025-04-29 00:00:00

State-owned fuel marketer Jamuna Oil Company reported a whopping 56.42 per cent year-on-year jump in profit to Tk 1.41 billion in the third quarter though March of FY25, riding on interest income from bank deposits. Hence, earnings per share jumped...

Margin loans not for retired persons, housewives, students: Taskforce

FE REPORT | 2025-04-29 00:00:00

Margin loans should be available only for those who have a regular flow of income from sources beyond the equity market so that they can pay interest and honour margin calls. The taskforce of the capital market made this recommendation...

Trump tells Putin to 'stop shooting' and make a deal

2025-04-29 00:00:00

BEDMINSTER, Apr 28 (AFP): US President Donald Trump said Sunday he wanted Russia's Vladimir Putin to "stop shooting" in Ukraine and sign a peace deal, one day after the US leader met Ukraine's president at the Vatican.Trump, who boasted before...

Trump calls to investigate 'fake' low approval polls

2025-04-29 00:00:00

WASHINGTON, Apr 28 (AFP): US President Donald Trump hit out Monday at "fake polls" showing dismal approval ratings for the Republican less than 100 days after returning to the White House.A Washington Post-ABC News survey last week revealed just 39...

N Korea confirms troop deployment to Russia

2025-04-29 00:00:00

SEOUL, Apr 28 (AFP): North Korea confirmed for the first time it had deployed troops to Russia, with state news agency KCNA on Monday reporting that Pyongyang's soldiers helped Moscow reclaim territory under Ukrainian control in the border region of...

Nobel laureates urge Trump, Putin to meet on denuclearisation

2025-04-29 00:00:00

GENEVA, Apr 28 (AFP): Three Nobel Peace Prize-winning groups campaigning to eliminate nuclear weapons joined forces on Monday to urge the US and Russian presidents to meet and agree on significant denuclearisation.The joint appeal came from Japan's atomic bomb survivors'...