BRAC BANK ENGAGES WITH REMITTANCE BENEFICIARIES IN BOGURA CONFERENCE-
BRAC BANK ENGAGES WITH REMITTANCE BENEFICIARIES IN BOGURA CONFERENCEBRAC Bank organised a remittance awareness conference in Bogura on Sunday. The conference, held at Mahasthangarh agent banking outlet, brought together members of expatriate families and the local community for an interactive engagement on the importance of using formal channels for foreign...
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US-Bangla resumes regular flights on Middle East routes
US-Bangla Airlines, one of the country's private carriers, has resumed regular flight operations across all Middle East routes as the regional situation improves, restoring connectivity for Bangladeshi expatriates after disruptions caused by recent conflict, reports BSS.The airline is now operating scheduled flights to Dubai, Sharjah, Abu Dhabi, Muscat, Doha, Riyadh...
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Power outages bite into SMEs, deepening economic strain
Frequent and prolonged power outages across rural areas are taking a heavy toll on businesses, especially small and medium enterprises (SMEs), disrupting production cycles, inflating operating costs, and eroding the incomes of both entrepreneurs and workers.Business owners in districts across Rangpur, Rajshahi, Khulna, and Habiganj say they are facing load...
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Acute power supply disruptions have pushed households and institutions to seek alternative energy sources
Acute power supply disruptions have pushed households and institutions to seek alternative energy sources such as solar. In the picture, a 720-watt solar panel is transported by rickshaw from English Road in the capital to the city’s outskirts, Keraniganj, for installation at a home. - FE Photo by K Asad-Uz-Zaman
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BB needs to avoid taking preemptive tighter monetary policy actions
The Bangladesh Bank (BB) should not go for contractionary monetary policy measures preemptively because of the inflation spikes created by the ongoing crisis in the Middle East (ME), Global Head of Research and Chief Strategist of Standard Chartered Bank (SCB) Eric Robertsen has suggested.Virtually sharing his views on the H1...
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Shyamol Boran appointed as new CEO of 'UPay'
Shyamol Boran Das Shyamol Boran Das officially joined as the new chief executive officer (CEO) of 'UPay' mobile financial service.He brings with him an extensive track record, boasting over 25 years of experience in digital banking and the broader financial sector, according to a press release.Throughout his illustrious career, Mr...
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Singer's Q1 loss widens 60pc on higher financing costs
FE REPORTSinger Bangladesh reported a wider loss of Tk 558.63 million in the first quarter of 2026, a whopping 60 per cent increase from the same quarter last year, due to lower-than-expected sales and higher finance costs.According to its latest unaudited financial statements for the January-March quarter this year, Singer...
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Gulf markets mixed
Major stock markets in the Gulf were mixed on Wednesday, as caution over the continued closure of the Strait of Hormuz offset US President Donald Trump's move to indefinitely extend the ceasefire with Iran, reports Reuters.Trump said on Tuesday he would extend the ceasefire to allow further peace talks aimed...
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