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Matin Spinning Mills' profit rises over 7pc in Q3

FE REPORT | 2025-04-21 00:00:00

Matin Spinning Mills, one of the largest textile companies in Bangladesh, secured a 7.15 per cent year-on-year growth in profit to Tk 102 million in January-March this year, driven by higher sales.Earnings per share (EPS) stood at Tk 1.05 for...

Moshihor Securities to face actions under laundering act

Farhan Fardaus | 2025-04-21 00:00:00

The securities regulator has asked the Anti-Corruption Commission (ACC) to take actions against Moshihor Securities under the Money Laundering Prevention Act over the largest financial fraud in the history of the capital market. The brokerage firm is accused of embezzling...

AB Bank relocates Rokeya Sarani Branch

2025-04-21 00:00:00

AB Bank has recently relocated its Rokeya Sarani Branch to P.R Tower, 924/1 Begum Rokeya Sarani, Kafrul, Mirpur, Dhaka. Syed Mizanur Rahman, Managing Director & CEO (Acting) of AB Bank, formally inaugurated the new premises with all modern banking facilities....

PRAGATI LIFE INSURANCE HOLDS ANNUAL CONFERENCE

2025-04-21 00:00:00

The Annual Conference 2024 of Pragati Life Insurance PLC was held at a hotel in Cox's Bazar recently. Chairman of the company Khalilur Rahman inaugurated the conference as the chief guest while CEO Md. Jalalul Azim presided over the event....

Meghna Bank Inaugurates Centre for Excellence

2025-04-21 00:00:00

Meghna Bank PLC has recently inaugurated the Centre for Excellence, a dedicated training institute located at Mohakhali, Dhaka. Uzma Chowdhury, Chairperson of the bank, along with other officials inaugurated the Centre for Excellence.

Spot LNG prices at one-year low amid supply disruptions

2025-04-21 00:00:00

SINGAPORE, Apr 20 (Reuters): Asian spot liquefied natural gas (LNG) prices remained at a near one-year low last week, as supply disruptions from three export facilities in the region and some buying interest capped losses fuelled by overall weak demand.The...

Air Astra plans to procure Airbus jets for int'l routes

2025-04-21 00:00:00

Air Astra, the newest privately-owned Bangladeshi airline, seeks to procure three to four Airbus jets to fly international routes two and a half years after its launch, reports bdnews24.com.The company called for proposals involving "Dry/operating lease or outright purchase" of...

ONE Bank joins Partnership for Carbon Accounting Financials

2025-04-21 00:00:00

ONE Bank PLC (OBPLC) has joined the Partnership for Carbon Accounting Financials (PCAF) by signing a Commitment Letter recently to measure and disclose bank's financed emissions, says a statement. Such partnership will assist the bank in measuring its financed emissions...

Selling LNG at a loss not sustainable

2025-04-21 00:00:00

Chairman of the Bangladesh Energy Regulatory Commission (BERC) Jalal Ahmed on Sunday said importing liquefied natural gas (LNG) at Tk 75 per unit and selling it at Tk 12-17 is not a viable long-term solution.Speaking at the closing session of...

Standard Chartered launches Freelancer Account

2025-04-21 00:00:00

Standard Chartered Bangladesh has launched 'Freelancer Account', a tailored banking solution designed to meet the unique needs of the country's vibrant freelance community. This initiative reflects the bank's commitment to empowering independent professionals who are driving Bangladesh's growing digital economy,...

Govt to set up FTA lab to boost trade negotiation skills

REZAUL KARIM | 2025-04-21 00:00:00

The government plans to set up an incubation lab on Free Trade Agreement (FTA) to facilitate effective negotiating before going for any bilateral trade deal.The lab, the first such initiative in the country, is expected to make available relevant materials...

Players of Bangladesh Bridge team pose

2025-04-21 00:00:00

Players of Bangladesh Bridge team pose after qualifying for the World Bridge Championships 2025 in Dubai on Thursday. Bangladesh beat Jordan in the semi-final and secured the spot for the third time. The tournament will be held in Denmark in...

Abahani,Mohammedan, Gazi secure win in DPL Super Six

2025-04-21 00:00:00

Dhaka Abahani Limited, Dhaka Mohammedan SC and Gazi Group Cricketers won their respective super league matches of the Dhaka Premier Division Cricket at the different venues in the capital and adjoining areas on Sunday, reports UNB.Dhaka Abahani Limited maintained their...

Kohli, Padikkal guide Bengaluru to revenge win over Punjab in IPL

2025-04-21 00:00:00

CHANDIGARH, India, Apr 20 (AFP): Virat Kohli and Devdutt Padikkal hit half-centuries to steer Royal Challengers Bengaluru to a seven-wicket win over Punjab Kings in the Indian Premier League on Sunday.Chasing 158 for victory, Bengaluru were propelled by a 103-run...

Tigers face a collapse on day one

2025-04-21 00:00:00

SYLHET, Bangladesh, Apr 20 (AFP): Zimbabwe finished the first day of the first Test in a commanding position at 67-0 after an inspired bowling performance dismissed Bangladesh for 191 runs on Sunday.Trailing only by 124 runs, Zimbabwe have a rare...

US-China trade: peace, not war, to benefit the world

Hedayet Ahmed | 2025-04-21 00:00:00

The reciprocal tariff, imposed by President Donald Tramp, has fuelled tension in the international trade leaving the financial markets volatile across the globe. Though he took a break for three months apparently sensing the gravity of his crazy decision, tariffs...

Stop manipulating onion price

2025-04-21 00:00:00

The persistent manipulation and syndication within the country's onion market have gone far beyond mere market irregularities-this is now a case of blatant economic exploitation. Year after year, farmers are denied fair compensation during the harvesting season, while consumers are...

Crisis management in the era of virality

2025-04-21 00:00:00

Social networking presents both opportunities and challenges for companies. While it offers avenues for engagement and financial gain, it also poses a significant risk to brand reputation. A single viral post can rapidly escalate into a major crisis, making real-time...

Daredevilry or an act of panic!

Neil Ray | 2025-04-21 00:00:00

This is nothing less than a scene cut out from a Sci fi thriller. A bus with its entire roof knocked off by the impact of a collision with a covered van and dangling from its rear runs in full...

National interests must take centre stage

Syed Fattahul Alin | 2025-04-21 00:00:00

The Civil Aviation Authority of Bangladesh (CAAB) is learnt to have taken steps to enhance cargo handling capacity of Biman. The move has been in response to India's termination of the transshipment facility for Bangladeshi exports through that country's land,...

Bangladesh - a graveyard for private airlines!

2025-04-21 00:00:00

Lower operational expenses and streamlined regulations are two of the most critical factors that contribute to entrepreneurial growth, investment, and job creation. Recognising this, governments worldwide are seeking ways to reduce the cost of doing business and create investment-friendly environments...

Emerging dimensions attracting EU's attention

Muhammad Zamir | 2025-04-21 00:00:00

Since the beginning of April this year the European Union's attention has been drawn to some multifaceted dimensions. Three European analysts Pawel Swieboda, Elizabeth Kuiper and Cornelia Walther have drawn attention to aspects that could be used to facilitate the...

People of Bangladesh must shape its future, not US or India: Fakhrul

FE REPORT | 2025-04-20 12:00:00

The country's people must shape its future as no one from the outside world like the US, China or India can help or punch to make it, said BNP Secretary General Mirza Fakhrul Islam Alamgir."Bangladesh is ours; we must build...

Public woes unbound as Mogolhat Road in Lalmonirhat in tatters

2025-04-20 12:00:00

OUR CORRESPONDENTSAn eight kilometre road extending from Kakeyatepa Temple to Mogolhat Tempu Stand in Lalmonirhat sadar upazila of the district has been lying in a dilapidated condition for long.Meanwhile, thousands of people have been suffering much for a long time...

Banks reluctant to exhaust equity market exposure limit

Mohammad Mufazzal | 2025-04-20 12:00:00

A majority of listed banks have refrained from making fresh investments in the equity market even if they have not yet exhausted the permissible exposure limit because of pessimism surrounding stocks. The banks, which have already invested substantial amounts of...

Degrees are great But what are the graduates doing?

Sheikh Shabab Tawkee Rupok | 2025-04-20 12:00:00

A degree is meant to open up career paths, but unfortunately, many graduates in Bangladesh find themselves with their certificates but no clear idea of which direction to take.As Bangladesh aims to pass over from the Least Developed Country (LDC)...

Bay terminal project to be reviewed this month

Nazimuddin Shyamol | 2025-04-20 00:00:00

CHATTOGRAM, Apr 19: The mega Bay Terminal project of Chittagong Port is set to be reviewed this month, with construction work expected to begin soon, according to officials concerned.Meanwhile, a revised action plan for the terminal's construction has been submitted...

Polytechnic students form human chains

FE REPORT | 2025-04-20 00:00:00

Polytechnic students across the country organised on Saturday a nationwide 'rise in red' programme to press home their six-point demand including cancellation of the High Court verdict on promotion of craft instructors to junior instructors.As part of the programme, students...

Scientists claim to have discovered 'new colour' no one has seen before

2025-04-20 00:00:00

A team of scientists claim to have discovered a new colour that no human has ever seen before.The research follows an experiment in which researchers in the US had laser pulses fired into their eyes, reports BBC.By stimulating specific cells...

Police seek red notice from Interpol against Hasina, 11 others

2025-04-20 00:00:00

The National Central Bureau (NCB) of Bangladesh Police has submitted a request to Interpol seeking a 'red notice' against 12 people, including former Prime Minister Sheikh Hasina, reports UNB.Confirming the development, Enamul Haque Sagor, Assistant Inspector General (Media) at the...