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SONALI BANK LAUNCHES TRI-PARTY REMITTANCE CAMPAIGN

2025-03-04 00:00:00

Sonali Bank PLC inaugurated its year-long 'Tri-Party Remittance Campaign 2025' on Monday, in collaboration with Vista and Western Union, to increase the flow of foreign remittance through legal channels. The bank's MD & CEO Md Shawkat Ali Khan inaugurated the...

Social Islami Bank Launches 'Zakat and Cash Waqf Campaign-2025'

2025-03-04 00:00:00

In observance of the holy month of Ramadan, Social Islami Bank has launched a month-long special campaign titled 'Zakat and Cash Waqf Campaign-2025'. The campaign was inaugurated by Md. Nazmus Saadat, Acting Managing Director of the bank, as the chief...

EBL, SQ Group Sign Payroll Banking Agreement

2025-03-04 00:00:00

Eastern Bank PLC. (EBL), a leading private commercial bank of the country, has signed a payroll banking agreement with SQ Group, a top manufacturer of electrical products, at the EBL's head office at Dhaka recently. M. Khorshed Anowar, DMD and...

Chicken, fish prices rise in city markets

2025-03-04 00:00:00

Prices of chicken, fish and some vegetables saw an upward trend in Dhaka's kitchen markets on Monday despite the government's repeated assurances of market stability during Ramadan, reports UNB.Lemon and cucumber prices held steady at their high levels from the...

Women entrepreneurs' fair kicks off Thursday

2025-03-04 00:00:00

A three-day trade fair to promote women entrepreneurs and their products will begin on Thursday at Gulshan Shooting Club in the city, reports BSS.Women Entrepreneurs Association of Bangladesh (WEAB) with the aim of empowering women entrepreneurs is organising the fair...

Supply of edible oil will improve soon

FE REPORT | 2025-03-04 00:00:00

Commerce Adviser Sk. Bashir Uddin has assured that the supply of edible oil will be eased at the market within the next two days, says a press statement issued by the commerce ministry on Monday.He came up with the statement...

Islamic banks' CSR spending drops sharply in Q4 of 2024

SAJIBUR RAHMAN | 2025-03-04 00:00:00

Expenditure on Corporate Social Responsibility (CSR) activities by Islamic banks in Bangladesh experienced a notable decline in the October-December quarter of 2024 than the corresponding period of the previous year.According to a latest Bangladesh Bank (BB) report, banks spent Tk...

Turkish annual inflation falls below 40pc

2025-03-04 00:00:00

ISTANBUL, Mar 03 (AFP): Turkey's annual inflation rate slowed for a ninth consecutive month in February, falling below 40 per cent for the first time since June 2023, official data showed on Monday.The drop comes as the central bank will...

Swiss central bank posts record profit of nearly $90b

2025-03-04 00:00:00

ZURICH, Mar 03 (Reuters): The Swiss National Bank posted a record annual profit of 80.7 billion Swiss francs ($89.50 billion) in 2024, the central bank said on Monday, riding on the back of booming equity markets, rising gold prices and...

Defence shares lift European stocks to near record highs

2025-03-04 00:00:00

LONDON, Mar 03 (Reuters): European shares extended gains to trade near a record high on Monday, as defence stocks received a boost on prospects of higher military spending by the region.The pan-European STOXX 600 index was up 0.3 per cent...

China eyeing US farm exports for retaliation

2025-03-04 00:00:00

BANGKOK, Mar 03 (AP): Chinese manufacturers reported an uptick in orders in February as importers rushed to beat higher US tariffs imposed by President Donald Trump, as a Chinese state media report said that Beijing was considering ways to retaliate.Trump...

Trust Bank holds Managers' Conference 2025

2025-03-04 00:00:00

Major General Md Masudur Rahman, Adjutant General, Bangladesh Army, and Vice-Chairman of Trust Bank PLC was present as the chief guest at the Managers' Conference 2025 of the bank held at a hotel in Cox's Bazar recently. Ahsan Zaman Chowdhury,...

SCHOOL BANKING CONFERENCE HELD IN KHULNA

2025-03-04 00:00:00

A daylong 'School Banking Conference' was held at a hotel in Khulna recently, aiming to inculcate the tendency of savings among students. Under the guidance of Bangladesh Bank and at the initiative of Al-Arafah Islami Bank PLC, students of 45...

SOUTHEAST BANK SIGNS MOU WITH PAHARTALI GIRL'S SCHOOL AND COLLEGE

2025-03-04 00:00:00

Southeast Bank signed a Memorandum of Understanding (MOU) with Pahartali Girl's School and College, Chattogram, at the bank's head office in Dhaka recently. Nuruddin Md. Sadeque Hossain, managing director of Southeast Bank, and Shah Mohammad Imran, principal of Pahartali Girl's...

Stocks continue to fall for fourth day

FE REPORT | 2025-03-04 00:00:00

Stocks closed lower on Monday amid persistent selling pressure and sluggish market momentum. The prime index of the Dhaka Stock Exchange (DSE) lost 16.18 points to settle at 5,220.67.The benchmark index of the Dhaka bourse witnessed correction for the fourth...

Green or polluted Bangladesh?

2025-03-04 00:00:00

Bangladesh was once known as a land of rivers and one filled with greenery. But now, it is slowly losing its beautiful identity due to environmental degradation. Different types of pollution are on the rise, such as air pollution, plastic...

Microfinance a tool for social uplift

2025-03-04 00:00:00

Microfinance has emerged as a powerful tool in the fight against poverty in Bangladesh. Institutions such as Grameen Bank, BRAC, and ASA have transformed the lives of millions, particularly women, by providing small loans that foster entrepreneurship and financial independence.In...

Scientific view of fasting

Syed Fattahul Alim | 2025-03-04 00:00:00

About 2 billion Muslims in different countries including Bangladesh across the globe are observing fasting, one of the five pillars of Islam, in this month of Ramadan, the ninth month of the Muslim calendar. Ramadan is one of the most...

Upcoming visit of Guterres and Rohingya crisis

Mir Mostafizur Rahaman | 2025-03-04 00:00:00

The upcoming visit of United Nations Secretary-General António Guterres to Bangladesh, scheduled from March 13 to 16, 2025, comes at a pivotal moment in the protracted Rohingya refugee crisis. Since 2017 over one million Rohingya refugees have fled their homeland...

Doing away with duty concession

2025-03-04 00:00:00

A report titled 'Re-strategising the economy and mobilising resources for equitable and sustainable development' prepared by a 12-member taskforce in its revenue revenue-mobilisation part has suggested a long list of measures including zero-rated tariffs. In fact, waiver of duties aimed...

Banking sector in freefall

CAF Dowlah | 2025-03-04 00:00:00

Bangladesh is on the brink of a full-scale banking crisis, exacerbated by economic stagnation and political upheaval following the collapse of the Sheikh Hasina regime. At the heart of this crisis lies a banking sector plagued by skyrocketing non-performing loans...

Land Port Authority recommends closing three inactive ports

FE REPORT | 2025-03-03 00:00:00

The Bangladesh Land Port Authority (BLPA), which is under the Ministry of Shipping, has recommended closing three non-profitable and inactive land ports and suspending operations at one more, according to a report.The recommendation follows an inspection by a high-level committee...

Vendors have set up makeshift stalls illegally on a portion of a railway track

2025-03-03 00:00:00

Vendors have set up makeshift stalls illegally on a portion of a railway track in the capital's Jurain area, which may invite fatal accidents at any time. The photo was shot on Sunday. — FE Photo

Private US spaceship Blue Ghost touches down on Moon

2025-03-03 00:00:00

WASHINGTON, Mar 25 (AFP): After a long journey through space, a US company was successful in attempting a daring lunar touchdown -- its spacecraft became only the second private lander to achieve the feat.Firefly Aerospace's Blue Ghost Mission 1 landed...

Trump admin sued to keep 10 migrants out of Guantanamo Bay

2025-03-03 00:00:00

Washington, Feb 2 (UNB): Civil rights attorneys sued the Trump administration Saturday to prevent it from transferring 10 migrants including a Bangladeshi detained in the U.S. to Guantanamo Bay, Cuba.They also filed statements from men held there who said they...

Pared-down Tk2.16t revised ADP up for approval

FE REPORT | 2025-03-03 00:00:00

A Revised Annual Development Programme (RADP) with a pared-down outlay of Tk 2.16 trillion for the current fiscal year is up for approval today, officials said. The planning commission has finalised the RADP by trimming down the development budget Tk...

Higher prices of edible oil drive up iftar costs

FE REPORT | 2025-03-03 00:00:00

As the holy month of Ramadan began on Sunday, market observers reported a significant surge in the prices of iftar items, primarily driven by the higher costs of edible oil.While prices of other items have remained relatively stable, the increased...

Take steps to prevent hoarding, syndication in Ramadan

FE REPORT | 2025-03-03 00:00:00

The government has asked local administrators; law enforcing agencies, including the inspector general of police (IGP); deputy commissioners (DCs); and superintendents of police (SPs) across the country to take necessary steps to prevent artificial price hikes, hoarding, syndication, and black...

BD can attract big investments in renewables, carbon market

FE REPORT | 2025-03-03 00:00:00

A delegation of development and renewable energy experts led by former Norwegian minister for development and environment, Erik Solheim, called on Bangladesh Chief Adviser Professor Muhammad Yunus at the State Guest House in Dhaka on Sunday.The team expressed its keen...

Prayer, Sehri, Iftar Timings (2025-03-03)

2025-03-03 00:00:00