FE Today Logo

Search results for:


Trade war or not, global investors turn even more cautious on China

2025-02-06 00:00:00

SINGAPORE, Feb 5 (Reuters): As China and the US battle over tariffs, locked in a tussle that could result in a deal or a trade war between the world's two largest economies, staying away from China's stock market is becoming...

Takaful Islami Insurance Shariah Council meeting held

2025-02-06 00:00:00

The 46th meeting of the Shariah Council of Takaful Islami Insurance PLC was held on Wednesday at the Head Office of the company. The meeting was presided over by Chairman of the Council Principal Kamal Uddin Jafree. Prof. Moulana A.B.M...

MEETING HELD TO REVIEW LGED DEVELOPMENT PROJECTS

2025-02-06 00:00:00

A meeting to review the progress of development projects under the Local Government Engineering Department (LGED) was held at the LGED Headquarters on Wednesday. Chief Engineer of LGED Md Abdur Rashid Mia presided over the meeting.

DHAKA WASA HOSTS 'HONORARY CREST DISTRIBUTION CEREMONY 2025'

2025-02-06 00:00:00

Dhaka WASA, Dushtha Shasthya Kendra (DSK) and Water Aid Bangladesh organised an 'Honorary Crest Distribution Ceremony 2025' for ideal subscribers from low-income areas at the WASA Bhaban at Karwan Bazar in Dhaka on Wednesday. Additional Secretary and Managing Director of...

Initiatives taken to diversify jute products

2025-02-06 00:00:00

Textiles and Jute Adviser Sheikh Bashir Uddin today said initiatives have been taken to diversify jute products while the problems surrounding the jute sector would be resolved very soon, reports BSS.He came up with such remarks at the inauguration of...

Live and Chilled Food Exporters' Assoc gets administrator

FE REPORT | 2025-02-06 00:00:00

The government has appointed Sheikh Matiar Rahman, joint secretary of the commerce ministry, as the administrator of the Bangladesh Live and Chilled Food Exporters Association.The ministry's trade organisation wing on Wednesday issued an order in this connection.The administrator was asked...

Khulna Printing's unusual surge comes under probe

FE REPORT | 2025-02-06 00:00:00

The stock market watchdog sought an explanation of the unusual movement of Khulna Printing & Packaging (KPPL) on the bourses when most other shares are facing a downward pressure. The share price of KPPL increased nearly 361 per cent to...

EBL UNVEILS CO-BRAND VISA CREDIT CARD FOR CHARTERED SECRETARIES

2025-02-06 00:00:00

To offer exclusive services to charter secretaries EBL and ICSB have launched a co-brand Visa credit card at the bank's head office in the capital on Tuesday. Managing Director and CEO Ali Reza Iftekhar; DMD and Head of Retail and...

DHAKA BANK, ICMAB COLLABORATE TO LAUNCH CREDIT CARD

2025-02-06 00:00:00

Dhaka Bank and the Institute of Cost and Management Accountants of Bangladesh (ICMAB) announced their collaboration to launch a co-branded Vertical Mastercard credit card for ICMAB members. Cardholders will benefit from a wide range of travel and lifestyle offers, such...

ICAB delegation joins SAFA events

2025-02-06 00:00:00

A delegation from the Institute of Chartered Accountants of Bangladesh (ICAB), led by SAFA Board Member and ICAB President Maria Howlader, participated in the Strategy Meeting of the SAFA Board and various committee meetings. The delegation also attended the World...

Dr Zahid for taking steps to stop foul play in capital market

2025-02-06 00:00:00

Former lead economist of the World Bank's Dhaka Office Dr Zahid Hussain has urged the authorities concerned to take steps to prevent foul play in the capital market to restore general investors' confidence, reports BSS."If manipulation in initial public offering...

Retail investors of BEXIMCO likely to return empty-handed

Mohammad Mufazzal and Babul Barman | 2025-02-06 00:00:00

General shareholders of BEXIMCO are likely to lose their investment in the company after the closure of its business units, which used to generate 80 per cent of its revenue. The company experienced a loss of Tk 358.79 million in...

Iran cannot have N weapon: Trump

2025-02-06 00:00:00

WASHINGTON, Feb 05 (AFP): US President Donald Trump said Wednesday that Iran "cannot have a Nuclear Weapon", a day after he signed an order reinstating a "maximum pressure" policy against Tehran over allegations that it was trying to develop such...

10 dead in Sweden's worst mass shooting

2025-02-06 00:00:00

STOCKHOLM, Feb 05 (AFP): Ten people were killed in a shooting by a gunman, who also died, at an education centre in Sweden, police said on Wednesday, adding that no motive had been established."Eleven people are dead, including the killer,"...

Philippine MPs vote to impeach VP Sara

2025-02-06 00:00:00

MANILA, Feb 05 (BBC): The Philippines' parliament has voted to impeach Vice-President (VP) Sara Duterte following complaints about alleged corruption.Duterte has been accused of misusing millions of dollars in public funds and threatening to have President Ferdinand "Bongbong" Marcos Jr...

Hits Russian oil depot

2025-02-06 00:00:00

KYIV, Feb 05 (AFP): Ukraine hit an oil depot in the southern Russian region of Krasnodar, Kyiv said after the local Russian governor reported a blaze at a facility.Kyiv has intensified its aerial attacks against Russian energy and military installations...

Ismaili leader Aga Khan passes away

2025-02-06 00:00:00

PARIS, Feb 05 (AFP): The Aga Khan, imam of the Ismaili Muslims and head of a major development aid foundation, died Tuesday in Lisbon at the age of 88, his foundation announced.He was the founder and president of the Aga...

No ties with Israel without Palestinian state: Riyadh

2025-02-06 00:00:00

RIYADH, Feb 05 (Reuters/AFP): Saudi Arabia said on Wednesday it would not establish ties with Israel without the creation of a Palestinian state - a statement that comes after US President Donald Trump said that the Saudis were not demanding...

OPEC oil output falls for second month in January

2025-02-06 00:00:00

LONDON, Feb 5 (Reuters): OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed...

Experts call for collective action and investment to tackle climate challenges

2025-02-06 00:00:00

Experts at a workshop stressed the need for collective action, investment, and partnerships to tackle the growing climate challenges.Standard Chartered Bangladesh hosted the seminar titled 'Catalysing Climate Adaptation Action and Mobilising Investment' at a hotel in the capital recently, says...

CIU, Youngone sign MoU on collaborative research

OUR CORRESPONDENT | 2025-02-06 00:00:00

CHATTOGRAM, Feb 05: Chittagong Independent University (CIU) and renowned industrial conglomerate Youngone Corporation signed a Memorandum of Understanding (MoU) in order to promote collaborative research.Through this partnership, both institutions also aim to improve industry-oriented education, develop curriculum and increase scholarships...

Leaders of workplace safety group Nirapon meet CA

FE REPORT | 2025-02-06 00:00:00

Chief Adviser Dr Muhammad Yunus said on Tuesday the Interim Government was committed to implementing important labour reforms to make the country's labour laws compliant with ILO standards. "We've already taken some moves. You will see the changes very soon,"...

HSBC, BRAC Business School announce Business Case Competition 2025

2025-02-06 00:00:00

HSBC and BRAC Business School have announced the Business Case Competition 2025, a team-based contest aimed at fostering analytical and strategic thinking among undergraduate students across the nation.Organised by the BRAC University Business Club, BIZ BEE, this competition aims to...

Global denim industry faces lack of buyer accountability

MONIRA MUNNI | 2025-02-06 00:00:00

A latest global report revealed a lack of buyer accountability and other unethical behaviours in the global denim industry.The Ethical Denim Council (EDC), a US-based non-profit organisation, published the report titled '2024 State of the Denim Industry, an Unchanging Landscape...

Uttara Finance chair re-elected

2025-02-06 00:00:00

Uttara Finance and Investments Limited, a leading non-banking financial institution, has announced the re-election of Maj Gen Mohammad Maksudur Rahman as its chairman, with effect from January 19, says a statement.Maj Gen Maksudur Rahman will lead the company into its...

Oil prices drop amid concern about tariff war

2025-02-06 00:00:00

Oil prices dropped over 1 per cent on Wednesday as rising US stockpiles and concern about a new Sino-US trade war fuelled fears of weaker economic growth, offseting US President Donald Trump's renewed push to eliminate Iranian crude exports, reports...

US-China trade war spurs record-breaking rally in gold

2025-02-06 00:00:00

Gold prices climbed 1 per cent on Wednesday, continuing their record rally as investors sought the safe-haven asset due to concerns about the escalating US-China trade war and its impact on economic growth, reports Reuters.Spot gold was up 0.9 per...

Walton announces 5-yr warranty, launches 'AC exchange offer'

2025-02-06 00:00:00

Walton has announced a five-year warranty for some PCB (Printed Circuit Board) models of its locally manufactured air conditioners (ACs). Additionally, customers are enjoying a 10-year guarantee on the compressors of Walton Inverter ACs, while Walton non-inverter ACs come with...

India face England in ODI series opener today

2025-02-06 00:00:00

NAGPUR, India, Feb 05 (AFP): India skipper Rohit Sharma on Wednesday insisted his recent Test struggles were just part of the "ups and downs" of a long career as he looks to rediscover his form in three one-day internationals against...

BD's Saikat to officiate as umpire at Champions Trophy

2025-02-06 00:00:00

Bangladesh's elite umpire Sharfuddoula Ibne Shahid Saikat has been named among the others match officials for the upcoming ICC Men's Champions Trophy-2025, set to be held in Pakistan and the United Arab Emirates (UAE) from February 19, report agencies.Sharfuddoula, who...