The Bangladesh Export Processing Zones Authority (BEPZA) has signed a lease agreement with Allied Tobacco Company Limited, a Singapore-India-owned company, to establish a 100 per cent export-oriented cigarette manufacturing industry in the BEPZA Economic Zone (EZ), reports BSS.The company will...
National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan urged revenue officials on Thursday to adopt a more empathetic approach toward businesses to support economic growth, reports UNB."If we are not empathetic towards businesspeople, the country's economy will not...
Prime Bank has announced 20 per cent annual dividends for its shareholders for 2024. The board of directors of the bank approved its audited financial statements at a meeting on Thursday and recommended the dividend-- 17.5 per cent in cash...
FE REPORT | 2025-03-14 00:00:00
Bangladesh Submarine Cables has revised its earnings per share (EPS) for the first and second quarters of FY25 as it last time did not take into account all the shares issued to the government against share money deposits. The EPS...
FE REPORT | 2025-03-14 00:00:00
The government has canceled the power purchase agreement (PPA) with another 22MW plant of Doreen Power Generations and Systems, exposing investors to a greater risk of losing their investment. The plant in Narsingdi stopped power generation in December 2023 upon...
FE REPORT | 2025-03-14 00:00:00
Linde Bangladesh has declared a 400 per cent final cash dividend for 2024, taking the total return on investments to 4,500 per cent for the year. This is the highest-ever annual cash dividend declared by any company in Bangladesh's stock...
BERLIN, March 13 (AFP): Insolvent German flying taxi firm Volocopter is to be bought by a Chinese vehicle parts maker, just weeks after another German company in the field, Lilium, collapsed.The Chinese firm, Zhejiang Wanfeng Auto Wheel Co., put the...
TOKYO, March 13 (AFP): Japan wants to boost its rice exports almost eightfold by 2030, a ministry official said Thursday, despite currently suffering a domestic shortage of the grain.The country's rice consumption has more than halved over the past 60...
Engineer Md. Towhidur Rahman, director of Shahjalal Islami Bank PLC (SJIB PLC) and member of the bank's Executive Committee (EC), presides over the 893rd EC meeting at its Corporate Head Office on Wednesday. SJIB Managing Director Mosleh Uddin Ahmed was...
DUBAI, March 13 (AFP): United Arab Emirates-based fund MGX has invested $2 billion to take a minority stake in cryptocurrency exchange Binance, the two sides said, calling it the biggest investment into a crypto company.MGX, headed by Sheikh Tahnoon bin...
The American Chamber of Commerce in Bangladesh (AmCham) hosted its prestigious Networking Evening followed by Iftar on Wednesday at the Sheraton Banani, reports BSS.Lieutenant General (Retd.) Abdul Hafiz, Special Assistant to the Chief Adviser (Defence and National Solidarity Development), attended...
MOSCOW, March 13 (TASS): Gas reserves in Europe's underground gas storage (UGS) facilities have fallen to around 36% for the first time in more than three years, while pumping into UGS facilities has slowed down amid a fall in temperature...
FE REPORT | 2025-03-14 00:00:00
The National Board of Revenue (NBR) has halved the tax deducted at source on imported fresh fruits from 10 per cent to 5 per cent.On Thursday, the Income Tax Wing issued a Statutory Regulatory Order (SRO) in this regard.These fruits...
In a landmark move set to transform the digital financial landscape, United Commercial Bank PLC (UCB), a premier commercial bank in Bangladesh, and PRAN-RFL Group, the nation's leading industrial conglomerate, have signed a ground-breaking agreement, says a press release. This...
FE REPORT | 2025-03-14 00:00:00
South Korea would provide Bangladesh with US$8.85 million in grants to build capacity in smart- and AI-based bridge maintenance technology across the country.The Roads and Highways Department (RHD) will shift from its manual bridge monitoring system to artificial intelligence (AI)...
SINGAPORE, March 13 (Reuters): Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a year in April, trade sources said on Thursday, partly due to maintenance programmes at...
NEW YORK, Mar 13 (Reuters): When the CEO of Russian state gas giant Gazprom, Alexei Miller, opened a lavish Italian palazzo-styled building in central St Petersburg to house the company's export arm 11 years ago, he augured a future funded...
LAUNCESTON, Australia, March 13 (Reuters): Dial out the noise and focus on the fundamentals is a tactic that may work best for global commodity markets as they navigate the mounting challenges posed by US President Donald Trump's erratic and inconsistent...
Gold prices traded near record high levels on Thursday, fuelled by demand for safe-haven assets amid tariff concerns and a US inflation report that reinforced expectations of a future rate cut, reports Reuters.Spot gold gained 0.5 per cent to $2,946.68...
LONDON, March 13 (Reuters): Oil prices slipped on Thursday after surging in the previous session on a larger-than-expected draw in US gasoline stocks, as markets weighed macroeconomic concerns and demand versus supply expectations.Brent futures were down 30 cents to $70.65...
The Bangladesh Cricket Board (BCB) has expressed its gratitude to Mahmudullah Riyad for his contributions to the national team, following his retirement from international cricket on Wednesday, reports UNB.BCB President Faruque Ahmed acknowledged Mahmudullah's impact on Bangladesh cricket, describing him...
Lord's Cricket Ground is set to generate nearly 4 million pounds (INR 45 crore), less in revenue than what was earlier expected during the 2025 World Test Championship (WTC) Final due to India's failure to qualify for the match ,...
It was well and truly coming, it was on the cards, more than ever. When he asked the board to keep him out of the fresh central contracts, one could sense that he might take a similar step to Mushfiqur...
JHENAIDAH, Mar 13 (UNB): Hundreds of birds of different species, both foreign and domestic, were burned to death in a fire which broke out at a shop in Beparipara Shapla Chattar in Jhenaidah district town on Wednesday night.Fire Service sources...
A total of five persons were killed in separate road accidents in Chattogram and Bogura districts on Thursday, reports UNB In Chattogram, three people including two siblings were killed when a bus hit a battery-run autorickshaw from behind in Chattogram's...
OUR CORRESPONDENT | 2025-03-14 00:00:00
GAIBANDHA, Mar 13: Gaibandha is the name of Manga Kablit area in the northern region. Men and women are migrating abroad as no industry has been established in this district. The number of women expatriates is also increasing day by...
OUR CORRESPONDENT | 2025-03-14 00:00:00
SYLHET, Mar 13: A drought like situation and untimely cold wave, which induced pest attack and outbreak of blast disease, are severely impacting Boro paddy fields in Sylhet region, especially in Sunamganj district, causing extreme worry for several thousand farmers....
ADDIS ABABA, Mar 13 (AFP): Tensions were rising between rival factions in the northern Ethiopian region of Tigray on Thursday, as France warned against travel there.Tigray was the scene of one of the most devastating wars of the century between...
MACH, Mar 13 (AFP): The bodies of at least 25 people, including 21 hostages, killed in a train siege by separatist gunmen in Pakistan were retrieved from the site on Thursday ahead of the first funerals, officials said.Security forces said...
MANILA, Mar 13 (Reuters): Former Philippine President Rodrigo Duterte said he takes full responsibility for his administration's "war on drugs", in a video message posted on his Facebook account, as he braces for a legal battle at the International Criminal...
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