Ruhul Quddus Khan to take helm at UBL from November 1

Central bank chief highlights need for tradable savings certificates, treasury bonds

The DSEX increased 11.62 points to 5,393.47 by 11:38 am

Dhaka stocks continued their downward trend for a third consecutive day, with the main index seeing a decline driven by poor performances in the non-bank financial institutions (NBFIs) and engineering sectors yesterday.

The World Bank yesterday launched two new projects worth $700 million to improve basic services, strengthen disaster resilience and expand human capital development for both the displaced Rohingya population and host communities in Bangladesh.

NCC Bank PLC, in collaboration with Bangladesh Bank, has launched a month-long entrepreneurship development programme (EDP) in Mymensingh to create new entrepreneurs and accelerate inclusive economic growth.

Panic, confusion, and anger reigned as workers on H-1B visas from India and China were forced to abandon travel plans and rush back to the US after President Donald Trump imposed new visa fees, in line with his wide-ranging immigration crackdown.

Starlink has sought approval from the Bangladesh Telecommunication Regulatory Commission (BTRC) to supply bandwidth from Bangladesh to neighbouring countries.

The Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh has signed an agreement with the Bangladesh Export Processing Zones Authority (Bepza) to establish a Business Development Office (BDO) at the National Special Economic Zone (NSEZ) in Mirsarai, Chattogram.

Mastercard has received the Superbrands recognition in the ‘Payment’ category for 2024–25, reaffirming its position as Bangladesh’s most trusted and popular payments technology brand.

Eastern Bank PLC (EBL) has been recognised as one of Bangladesh’s most trusted and influential brands, receiving the Superbrands status for the third time.

Many people are yet to taste hilsa this season because of exorbitant prices, while the peak period for catching the national fish draws to a close. Fishermen in the Bay of Bengal say this year’s hauls are far smaller than last year’s.

The dollar strengthened on Friday, extending its rebound against most major currencies, as traders reviewed the near-term outlook after the Federal Reserve cut interest rates this week but signaled gradual easing in the future.

State-owned telecom firms owe Tk 7,000 crore, raising questions

Revenue collection grew by nearly 21 percent year-on-year in the first two months of the current fiscal year, due mainly to a calmer political climate compared with the same period last year, when mass protests led to the fall of the Awami League government.

Gold prices moved higher on Friday and headed for a fifth consecutive weekly gain, with market attention focused on further cues after the US Federal Reserve delivered its first rate cut of the year.

The government will take initiatives to address hurdles faced by micro, small, and medium enterprise (MSME) entrepreneurs in exporting their products, said Lutfey Siddiqi, special envoy on international affairs to the chief adviser.

The interim government needs to implement a long-term policy requiring manufacturers to locally produce key components of automobiles and agricultural machinery, said businesspeople at an event yesterday.

Prime Bank Investment PLC (PBIL), in collaboration with Zaytoon Business Solutions, has launched a community-based investment awareness programme, locally known as an “Uthan Boithok”, in Sirajdikhan, Munshiganj.

Bangladesh has raised the proportion of women on boards to nearly one in five seats, ahead of South Asia. Yet only 6 percent of independent directors are women. The task now is to build a credible pipeline of qualified women for oversight roles that protect accountability and market trust. The B