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JICA announces videography contest

FE REPORT | 2025-02-13 00:00:00

The Japan International Cooperation Agency (JICA) Bangladesh Office has announced a videography contest to engage people in sharing their personal experiences with the Mass Rapid Transit (MRT) Line 6.The contest titled #MyMRTExperience invites citizens, filmmakers, and content creators to capture...

Guardian Life unveils new insurance plan, Guardian Nirbhar

2025-02-13 00:00:00

Country's one of the leading insurance companies, Guardian Life Insurance Limited, has introduced its new insurance plan,'Nirbhar, says a press relase.' The launching event took place recently at Krishibid Institution Bangladesh (KIB) in the capital. Guardian Life has designed this...

Tobacco industry seeks a long-term fiscal roadmap

2025-02-13 00:00:00

Managing Directors (MDs) of the three major players in the cigarette manufacturing sector have expressed deep concern over the recent fiscal policy revisions, particularly the significant increase in supplementary duties (SD) on the cigarette industry. The MDs of BAT Bangladesh,...

Competitiveness of manufacturers crucial to cope with challenges Says Commerce adviser

2025-02-13 00:00:00

FE REPORTEnhancing competitiveness of the country's manufacturers is crucial to cope with imminent challenges to emerge from LDC graduation, Commerce Adviser Sk Bashir Uddin said on Wednesday."I would earnestly request the entrepreneurs to invest in enhancing competitiveness," said the adviser.He...

Saudi fintech unicorn Tabby doubles valuation to $3.3b after $160m funding boost

2025-02-13 00:00:00

RIYADH, Feb 12 (Arab News): Saudi Arabia's first fintech unicorn Tabby has doubled its valuation to $3.3 billion following the successful closure of a $160 million series E funding round. The round was led by Hong Kong-based Blue Pool Capital,...

Asian stocks mostly rise as Powell rate warning taken in stride

2025-02-13 00:00:00

HONG KONG, Feb 12 (AFP): Most equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell that the US central bank "did not need to be in a hurry" to...

Trump tariffs a 'lose-lose' for emerging Asia

2025-02-13 00:00:00

ORLANDO, Florida, Feb 11 (Reuters): US President Donald Trump loves tariffs and big numbers, so it's no surprise that the first targets in his trade war have been economies that boast the biggest trade surpluses with the United States in...

Train operation on Jamuna Rly Bridge begins

2025-02-13 00:00:00

SIRAJGANJ, Feb 12 (UNB): The much-awaited train operation on the newly built railway bridge over the Jamuna River has begun.The Dhaka-bound intercity train 'Silk City Express' from Rajshahi crossed the bridge at 11:17am on Wednesday and reached the Tangail end...

UCB PLC holds 506th board Meeting

2025-02-13 00:00:00

Sharif Zahir, Chairman of United Commercial Bank PLC (UCB PLC), presides over the 506th Meeting of the Board of Directors of the bank, at its Corporate Office in the city on Wednesday. Among others, Vice-Chairman of the Board Md Shazzad...

Southeast Bank holds workshop on "Meet with The Trade Leaders"

2025-02-13 00:00:00

Southeast Bank Training Institute has recently organised a day-long workshop on "Meet with The Trade Leaders." Managing Director of the bank Nuruddin Md Sadeque Hossain inaugurated the workshop as the chief guest. A total of 32 officials from different branches...

National Bank holds annual general meeting

2025-02-13 00:00:00

The 40th and 41st Annual General Meetings (AGM) of National Bank Limited were held at a city convention centre on Wednesday. The meeting was presided over by Abdul Awal Mintoo, Chairman and Sponsor Director of the bank. Also present were...

South Asia Ins holds annual business confce

2025-02-13 00:00:00

The "Annual Business Conference-2025" of the South Asia Insurance Company Limited was held at a city hotel recently. The conference was presided over by chief executive officer of the company Muhammad Nurul Alam Chowdhury. Chairman, Directors, head of all branches...

Union Insurance Company Settled Fire Insurance Claim

2025-02-13 00:00:00

Talukder Md Zakaria Hossain, CEO of Union Insurance Company Ltd, handed over a fire insurance cheque to proprietor of Dhaka Bangabazar's fire -gutted M/S NAZ SHOES' Md. Saifur Rahman, at a function recently. Head of Claim Mohammad Azad Hossain and...

DHAKA BANK, DMTCL SIGN CRM INSTALLATION DEAL AT METRO STATIONS

2025-02-13 00:00:00

Dhaka Bank entered into a strategic partnership with Dhaka Mass Transit Company Limited (DMTCL) to install cash recycling machines (CRM) at 16 stations along the MRT Line-6 of metro rail. The agreement was formalised at a signing event on Wednesday...

MIDLAND BANK INAUGURATES GAZIPUR BRANCH

2025-02-13 00:00:00

Midland Bank (MDB) inaugurated its Gazipur branch at Smart Plaza, Holdin No: 154/1, Joydebpur Bazar Road, Ward No: 26, Gazipur City Corporation, on Wednesday. The bank's Managing Director & CEO Md. Ahsan-uz Zaman inaugurated the branch as chief guest along...

MUTUAL TRUST BANK SPONSORS 'CQ UNIVERSITY AUSTRALIA EDUFEST'

2025-02-13 00:00:00

Mutual Trust Bank (MTB) was the title sponsor of the "CQ University Australia EduFest", presented by Pacific Global Network. The event took place at a renowned five-star hotel on Monday. During the event, over 800 students received counselling on higher...

Berger Paints signs deal with Sheltech Group

2025-02-13 00:00:00

Berger Paints Bangladesh Ltd has entered into a significant partnership with Sheltech Group, a leading local conglomerate in Bangladesh, says a press release. The agreement was signed by Md Sharif Hossain Bhuiyan, Executive Director (Operations), Sheltech (Pvt) Ltd and AKM...

BB governor expects record remittance inflow this year

2025-02-13 00:00:00

Bangladesh is on track to set a record for inward remittances through legal channels this year, as expatriates regain trust in the banking system, said Bangladesh Bank Governor Dr Ahsan H Mansur, reports UNB.The governor made the remarks while addressing...

Green Delta's profit plunge on decline in premium income

FE REPORT | 2025-02-13 00:00:00

The country's largest private general insurance company Green Delta Insurance has reported an 11.78 per cent lower profit to Tk 540 million for 2024, compared to the year before, as its premium income fell.However, the company has declared a 25...

Building an inclusive society

2025-02-13 00:00:00

Despite the existence of laws aimed at protecting the rights of persons with disabilities, social stigma and inadequate implementation continue to marginalise this vulnerable group. Many individuals with disabilities face barriers in accessing education, healthcare, and employment opportunities. In schools,...

Is cultural degradation at work?

2025-02-13 00:00:00

Bangladesh is going through a cultural change due to globalisation. Some regard this shift as social degeneration, while others refer to it as the Cultural Revolution. There have been conflicting responses in society to cultural shifts in the name of...

Circuit breaker needed to check loan defaults

Syed Muhammed Showaib | 2025-02-13 00:00:00

It's no secret that wilful loan defaulters are bleeding Bangladeshi banks dry. Loan defaults are not unusual in banking systems worldwide. They occur often, sometimes due to procedural weaknesses or poor choices. Lehman Brothers defaulted due to reckless investments in...

Time to decentralise and unify Dhaka's governance

Atiqul Kabir Tuhin | 2025-02-13 00:00:00

Dhaka as a city is imploding. Overpopulation, civic amenities overburdened and only a limited mass transit system, traffic congestion, unregulated high-rises defying building codes, festering slums and finally insecurity have made this capital city a living hell. This cannot go...

Why BB Order and Bank Company Act require review

2025-02-13 00:00:00

Responsible for much of the country's economic malaise are some banks that failed not only to perform their stated duties but also bungled banking provisions in order to allow wide-scale misappropriation of funds. Some directors on the boards of a...

Abraham Lincoln's enduring global appeal

Syed Badrul Ahsan | 2025-02-13 00:00:00

Abraham Lincoln remains a consequential figure in history. The anniversary of his birth having gone —- he was born on 12 February 1809 —- it is for those interested in the annals of great men and women inhabiting particular periods...

Controlling trans-boundary movement of waste plastic

Shamim Ahmed | 2025-02-12 12:00:00

In 1950, total global plastic production was 1.50 million tonnes. It gradually increased and reached at 365 million tonnes in 2019. It is now presumed that the volume would be doubled in 2050. Because of its various advantages like light...

Probe report on BB reserve heist on April 17

2025-02-12 00:00:00

A Dhaka court on Tuesday set April 17 to submit a probe report in the case lodged over the Bangladesh Bank (BB) reserve heist that took place in 2016, reports BSS.Dhaka Additional Chief Metropolitan Magistrate Ziadur Rahman set the date...

Most nations miss deadline for plans to fight climate change

2025-02-12 00:00:00

Feb 10 (AP): Nearly 200 nations faced a Monday deadline to file what the United Nations' climate chief calls "among the most important policy documents governments will produce this century" - their plans on how they will cut emissions of...

Urgent reforms needed to address urban healthcare challenges: Experts

FE REPORT | 2025-02-12 00:00:00

Governance, financing, and service-delivery challenges in urban healthcare require urgent structural reforms, according to a consensus experts reached at the Urban Health Policy Workshop held in the capital on Tuesday.The multi-stakeholder discussion was organised by Power and Participation Research Centre...

Pry schoolteacher candidates continue sit-in at Shahbagh

FE REPORT | 2025-02-12 00:00:00

Candidates for the post of assistant teacher in government primary schools continued their sit-in on Tuesday at Shahbagh demanding the reinstatement of canceled recruitment.The protesters, who are currently under the third phase of recruitment, have been demanding the appointment of...