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Financing family card, farm-loan waiver costs Tk 11.4b soon

DOULOT AKTER MALA AND SYFUL ISLAM | 2026-03-03 00:00:00

Financing new government's flagship schemes family card and farm-loan waiver cost the exchequer Tk 11.4 billion immediately that has to be managed with from the current national budget. The government has already allocated a lump-sum Tk 400 million from the...

Attack in South Sudan's town kills 122

2026-03-03 00:00:00

NAIROBI, Mar 02 (Reuters): A group of unidentified men attacked a town in South Sudan's Ruweng Administrative Area on Sunday, killing 122 people, including 82 civilians, the area's information minister said on Monday.The country has seen rising violence in recent...

Khamenei's death brings Khomeini's grandson into focus

2026-03-03 00:00:00

TEHRAN, Mar 02 (Reuters): A grandson of Ayatollah Ruhollah Khomeini, the late founder of the Islamic Republic of Iran, is likely to figure prominently in the deliberations of the clerics who will determine who replaces Ayatollah Ali Khamenei as Supreme...

Trump seeks to justify Iran war to US public

2026-03-03 00:00:00

PALM BEACH, Mar 02 (AFP): President Donald Trump on Sunday sought to justify the military operation against Iran by citing the need to ensure America's long-term security, and to prepare the public for further casualties after the deaths of three...

US-Israeli airstrikes targeted Natanz enrichment facility

2026-03-03 00:00:00

VIENNA, Mar 02 (AP/AFP): Iran's Ambassador to the International Atomic Energy Agency on Monday alleged that airstrikes by the United States and Israel targeted the Natanz enrichment facility in his country.That contradicts an assessment by the U.N. nuclear watchdog chief...

Canada and India strike deals on rare earth, uranium

2026-03-03 00:00:00

NEW DELHI, Mar 02 (AFP): India and Canada on Monday reached a string of agreements, including on critical mineral cooperation and a "landmark" uranium supply deal for nuclear power, the countries' leaders said in New Delhi.The pacts, which also covered...

Amazon to invest $21b more in Spain for data centres and AI

2026-03-03 00:00:00

BARCELONA, Mar 02 (Reuters): Amazon said on Monday it would invest an additional 18 billion euros ($21 billion) in Spain to expand its data centres and boost AI innovation, bringing its total investment in the country to 33.7 billion euros.Amazon...

Visa employees to receive insurance coverage from MetLife Bangladesh

2026-03-03 00:00:00

MetLife Bangladesh has signed an agreement with Visa to provide insurance coverage for its employees and their dependents in Bangladesh. This partnership will ensure financial protection against accidents, disabilities, and loss of life for employees and their dependents will receive...

EBL signs agreement with Turkish Airlines

2026-03-03 00:00:00

Business-class passengers of Turkish Airlines departing from Dhaka will now enjoy complimentary access to the "EBL Skylounge" at Hazrat Shahjalal International Airport following an agreement between the Airlines and Eastern Bank PLC (EBL). Ali Reza Iftekhar, Managing Director of EBL,...

PRIME BANK, MASTERCARD LAUNCH NEXT-GEN NFC STICKER CARD 'TAPIN'

2026-03-03 00:00:00

Prime Bank in partnership with Mastercard has launched 'TapIn', an innovative next generation NFC-enabled debit sticker card, developed and powered by IDEMIA with local partner ADN Technologies. The card is designed to deliver fast, secure and seamless payment experience for...

NOVOAIR launches zero-interest EMI on tickets

2026-03-03 00:00:00

NOVOAIR, one of the country's leading private airlines, has announced a zero-interest EMI facility for purchasing air tickets, with return fares starting from Tk 1,567 only per month.In addition to return tickets, one-way tickets worth at least Tk 5,000 can...

Central Insurance gets new CEO

2026-03-03 00:00:00

The Insurance Development and Regulatory Authority (IDRA) has appointed Md. Nakibur Rahman Khan as the Chief Executive Officer (CEO) of Central Insurance PLC.The approval was announced in an official notice signed by Md. Noor-Ul-Alam, Company Secretary and Head of HR...

BCCCI urges Commerce Minister to boost BD-China economic ties

2026-03-03 00:00:00

A delegation of the Bangladesh China Chamber of Commerce & Industry (BCCCI) on Monday called on Commerce Minister Khandaker Abdul Muktadir and placed several proposals to strengthen trade and investment cooperation between Bangladesh and China.The delegation, led by BCCCI President...

Demand slowdown pushes farm products to the ground, farmers in peril

YASIR WARDAD | 2026-03-03 00:00:00

A broad-based slowdown in demand has dragged down prices of key farm products---potatoes, onions and eggs---pushing thousands of farmers into losses for a second straight year.This raises concerns among economists about a possible ripple effect on employment, real wages and...

United Finance observes Financial Literacy Day

2026-03-03 00:00:00

United Finance observed Financial Literacy Day 2026 on Monday with a series of awareness sessions held simultaneously across its 23 branches nationwide. Entrepreneurs, customers, and local stakeholders participated actively in discussions designed to strengthen understanding of essential financial concepts, says...

Travel sector shares tumble as US-Iran conflict disrupts flights

2026-03-03 00:00:00

LONDON/SYDNEY/HONG KONG, March 2 (Reuters): Travel shares fell sharply on Monday as escalating conflict between the US, Israel and Iran disrupted flights around the globe, forced the closure of key Middle Eastern hubs and sent oil prices surging.Middle Eastern airports...

ISLAMI BANK HOLDS BOARD MEETING:--

2026-03-03 00:00:00

A meeting of the board of directors of Islami Bank Bangladesh PLC was held at the Islami Bank Tower on Monday. Professor Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the...

JANATA BANK OBSERVES FINANCIAL LITERACY DAY

2026-03-03 00:00:00

Janata Bank PLC organised a colourful rally in Dhaka on Monday, marking the Financial Literacy Day 2026. Led by Managing Director Md Mazibur Rahman, the rally started from in front of the bank's head office and marched through the Motijheel-Dilkusha...

MTB FOUNDATION DISTRIBUTES IFTAR TO THE UNDERPRIVILEGED

2026-03-03 00:00:00

MTB Foundation distributed Iftar items to a large number of underprivileged people residing in different parts of Dhaka and Kurigram. The distribution programme was inaugurated by Samia Chowdhury, chief executive officer; Golam Rabbani and Nazmus Sakib, associates from MTB Foundation...

UCB signs deal for carbon accounting

2026-03-03 00:00:00

United Commercial Bank has signed an agreement with Ernst & Young Advisory Services Bangladesh Limited (EY ASBL) to prepare its greenhouse gas (GHG) Inventory, through which the bank's carbon emissions generated from its operations will be measured and analysed.The agreement...

Regulator brings LR Global Bangladesh operations to an end

FE REPORT | 2026-03-03 00:00:00

The market regulator has effectively brought local operations of LR Global Bangladesh Asset Management Company to a halt by cancelling its appointment as asset manager of six close-ended mutual funds, citing serious violations of securities laws and failure to protect...

BAT posts lowest annual profit amid factory closure and rising costs

FE REPORT | 2026-03-03 00:00:00

British American Tobacco (BAT) Bangladesh's profit nosedived to Tk 5.84 billion in 2025, the lowest since its listing, due to lower sales, higher excise duty, and a one-off cost for the Dhaka factory closure.In that, the cigarette manufacturer's profit plunged...

Draft whistleblower rules seek to silence market insiders

MOHAMMAD MUFAZZAL | 2026-03-03 00:00:00

The proposed whistleblower rules prohibit individuals from sharing information with anyone after submitting it to the market regulator. Experts say this restriction undermines the very purpose the rules are intended to serve.They have questioned the regulator's motive, arguing that if...

North, Central face off for BCL glory today

2026-03-03 00:00:00

North Zone and Central Zone will vie for the coveted Bangladesh Cricket League (BCL) one-day tournament trophy when they meet in the grand final of the competition at Sher-e-Bangla National Cricket Stadium in the city today (Tuesday), reports BSS.The match...

PCB fines Pakistan players for underwhelming T20 WC campaign

2026-03-03 00:00:00

All of Pakistan's squad members from the T20 World Cup have been fined PKR 5 million (US$ 18,000 approx.) by the Pakistan Cricket Board (PCB) following their underwhelming campaign. Pakistan were eliminated from the tournament following the Super Eight stage,...

Uncertainty over BD-Pak ODIs amid rising geopolitical tensions

2026-03-03 00:00:00

Bangladesh's upcoming home series is under a cloud of uncertainty amid rising geopolitical tensions. Pakistan are scheduled to arrive in Dhaka on March 9 for the ODI series, with all three matches set to be played at the Sher-e Bangla...

What happens if semi-finals get washed out?

2026-03-03 00:00:00

The knock-out stage of the T20 World Cup 2026 is all set, with the four semi-finalists to face each other on March 04 and 05 in India.It must be noted that, with the tournament co-hosted by India and Sri Lanka,...

Illegal brick kiln fined Tk 0.2m in Bandarban raid

2026-03-03 00:00:00

BANDARBAN, Mar 02 (BSS): The district administration, in collaboration with the Department of Environment (DoE), fined an illegal brick kiln Tk 0.2 million (2 lakh) during a raid in the Kagjikhola area under Baishari union of Naikhongchari upazila in the...

Munshiganj, Laxmipur, Jhenaidah road accidents kill three

2026-03-03 00:00:00

A total of three persons were killed in separate road accidents in Munshiganj, Laxmipur and Jhenaidah districts on Monday, reports BSS.In Munshiganj, a youth was killed and another injured in a road accident on the Dhaka-Mawa Expressway in Srinagar upazila...

Farmers reap gains as fishermen struggle in Kurigram

2026-03-03 00:00:00

KURIGRAM, Mar 02 (UNB): The once-turbulent Dharla and Baromasia rivers in northern Bangladesh have quietened, leaving behind scores of new river islands, or 'chars,' now turning green with crops.The transformation has opened new opportunities for farmers but has raised concerns...