FE Today Logo

Search results for:


IT rout drags Indian markets

2026-02-25 00:00:00

Indian equity benchmarks tumbled on Tuesday, dragged by information technology stocks which are on course for their worst month since April 2003 on persistent fears of AI-driven disruption, reports Reuters.The Nifty 50 fell 1.12 per cent to 25,424.65 and the...

Gulf markets mixed, Saudi Arabia down on fiscal worries

2026-02-25 00:00:00

BANGALORE, Feb 24 (Reuters): Gulf stock markets were mixed on Tuesday, with Saudi Arabia losing ground on fiscal concerns, while Dubai built on the prior session's gains.Saudi Arabia's benchmark stock index fell 0.6 per cent after a slight recovery in...

STANDARD ISLAMI BANK HOLDS 423RD BOARD MEETING

2026-02-25 00:00:00

The 423rd Board Meeting of Standard Islami Bank PLC was held at the bank's Head Office in Dhaka on Tuesday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. It was attended by Vice Chairman Gulzar...

JANATA BANK HOLDS 876TH BOARD MEETING

2026-02-25 00:00:00

The 876th board meeting of Janata Bank PLC was held on Tuesday, with Chairman of the Board of Directors Md Fazlur Rahman in the chair. Directors Badre Munir Ferdous, Dr Md Abdus Sabur, Abdul Majid Sheikh, Abdul Awal Sarker, Dr...

Ramanath new MD of BIFPCL

2026-02-25 00:00:00

Engr Ramanath Pujari has joined as Managing Director of Bangladesh-India Friendship Power Company (Pvt.) Limited (BIFPCL) on Tuesday, says a press release. Prior to joining this position, Mr Pujari was serving as Project Director at Maitree Super Thermal Power Project...

New BADC chief visits projects

2026-02-25 00:00:00

Newly appointed Chairman of Bangladesh Agricultural Development Corporation (BADC) Md Azizul Islam has recently visited various field activities after assuming office on February 8.The chairman visited BADC's vapour heat treatment project at Gabtoli in Dhaka, inspected an under-construction prefabricated fertiliser...

CIC gets new chief

2026-02-25 00:00:00

In a major administrative reshuffle after the BNP took administrative office, the National Board of Revenue (NBR) has appointed a new director general to its Central Intelligence Cell (CIC), reports bdnews24.com.The Commissioner of Taxes, Income Tax Intelligence and Investigation Unit...

Al-Arafah Islami Bank arranges training workshop on investment management

2026-02-25 00:00:00

A three-day training course titled "Investment Management" began at the training institute (AIBTI) of Al-Arafah Islami Bank on Tuesday. Managing Director and CEO of the bank Mohd. Rafat Ullah Khan inaugurated the event as the chief guest. The programme was...

EBL, POJF launch Sundarbans mangrove restoration initiative

2026-02-25 00:00:00

Eastern Bank PLC (EBL) has partnered with Prokriti O Jibon Foundation (POJF) to support Mangrove Restoration for Climate Resilience Project (MRCP) in the Sundarbans coastal belt, including Satkhira and nearby areas. To this end, EBL Managing Director Ali Reza Iftekhar...

Trust Bank, Grameenphone join hands to accelerate digital transformation

2026-02-25 00:00:00

Trust Bank PLC and Grameenphone have agreed to collaborate on digital transformation initiatives aimed at strengthening technological infrastructure and enhancing value-added customer experiences. The collaboration was formalised during a meeting held recently at Trust Bank's head office, where Ahsan Zaman...

Walton unveils Argentina fan jersey

2026-02-25 00:00:00

Walton has unveiled the fan jersey of the Argentina football team ahead of the upcoming 2026 FIFA Football World Cup. On the occasion, an event titled "Argentina Fan Jersey Unveiling Ceremony" was held at Walton Corporate Office in the capital...

Direct Dhaka-Malé-Dhaka flights of Maldivian Airlines resume Mar 12

FE REPORT | 2026-02-25 00:00:00

Direct Dhaka- Malé-Dhaka flights of Maldivian Airlines will resume on March 12 this year, reinforcing air connectivity between the two friendly South Asian countries, according to a press release issued on Tuesday. Maldivian Airlines has already signed an agreement with...

Nagad privatisation depends on new govt

FE REPORT | 2026-02-25 00:00:00

Privatising Nagad, the provider of mobile financial services (MFS) under the postal department, largely depends on the decision and policy of the new government, Bangladesh Bank Governor Dr Ahsan H Mansur has told the local coordinator of potential overseas investors....

Agent banking network shrinks following Agrani Bank’s exit

SAJIBUR RAHMAN | 2026-02-25 00:00:00

Bangladesh's agent banking network contracted in terms of agents and outlets in the October-December quarter of 2025, mainly due to the closure of all agent banking activities of Agrani Bank PLC. However, deposits, loans and transaction values continued to record...

MODHUMOTI BANK SIGNS AGREEMENT WITH RSA ADVISORY LIMITED

2026-02-25 00:00:00

Modhumoti Bank signed an agreement with RSA Advisory Limited on Sunday at the bank's head office, in Gulshan, Dhaka. Md. Shafiul Azam, managing director & CEO of Modhumoti Bank, and K Mahmood Sattar, chairman of RSA Advisory Limited and former...

DHAKA BANK INKS DEAL WITH SIDDHESHWARI GIRLS' COLLEGE

2026-02-25 00:00:00

Dhaka Bank signed an agreement with Siddheswari Girls' College to collect fees of students through a secure and technology-driven payment solution. The agreement was signed by HM Mostafizur Rahaman, SEVP & head of retail business division, Dhaka Bank, and Professor...

Indonesia's fix for market turmoil is turning off investors

2026-02-25 00:00:00

SINGAPORE, Feb 24 (Reuters): Indonesian authorities have struggled to arrest a creeping loss of confidence in financial markets and recent policy responses appear to have even increased investor unease.The currency of the biggest economy in Southeast Asia, the rupiah, has...

Dominage Steel rallies 120pc despite losses, factory shutdown

FE REPORT | 2026-02-25 00:00:00

Dominage Steel Building Systems has continued its unabated rally despite having a significantly negative P/E (price-to-earnings) ratio and one of its factory units being shut down.The company's stock price jumped 120 per cent to Tk 36.70 a share between September...

Probe launched into Associated Oxygen's alleged IPO malpractices

FE REPORT | 2026-02-25 00:00:00

The market regulator has begun an investigation into Associated Oxygen over alleged irregularities in its initial public offering (IPO) application.A group led by Kazi Saifur Rahman of NRB Equity Management and controversial ex-NBR official Matiur Rahman had reportedly committed serious...

A silent killer at home

2026-02-25 00:00:00

Gas cylinder explosions are fast becoming a silent killer in Bangladesh, striking without warning and leaving behind death, injury, and devastation. On February 22 and 23, 2026, several gas-related explosions were reported in different parts of the country, including Dhaka...

Extortion must end to restore public trust

2026-02-25 00:00:00

Extortion is a taint on the country and a stigma for some political parties that have ruled with muscle power. The common phenomenon among ruling parties is to exert extortionate pressure on the general public in every sector. That is...

How to revive WTO now in existential crisis

Wasi Ahmed | 2026-02-25 00:00:00

That the World Trade Organisation (WTO) is facing an existential crisis is no longer a matter of debate. What was once the cornerstone of global trade governance has been rendered largely ineffective, raising serious questions about its continued relevance. Much...

Let the Family Card deliver

2026-02-25 00:00:00

The proposed Family Card programme has become one of the most talked about policy initiatives of the present government, and for good reason. As reported, prime minister Tarique Rahman is going to formally launch the Family Card on March 10....

Alternative model of commercial banking

Haradhan Sarker | 2026-02-25 00:00:00

Can we not look for an alternative model of banking business where depositors would be placed in a new relationship, and lending conditionalities would change? Banks deal in money mostly owned by depositors while deposits are neither termed as equity...

Weather _2026-02-24

2026-02-24 00:00:00

Rain/thunder showers is likely to occur at one or two places over Khulna & Rajshahi divisions until 6:00 pm today (Monday). Weather may remain mainly dry elsewhere.The highest temperature was recorded on Sunday at 34 degrees Celsius in Chatto- gram,...

Nine hurt in Ctg gas blast

OUR CORRESPONDENT | 2026-02-24 00:00:00

CHATTOGRAM, Feb 23: Nine persons, including a child, were injured in a gas explosion at Halima Manzil in the port-city's Halishahar area on Monday. The victims were identified as Shipon (30), Sumon (40), Shaon (17), Anas (07), Aimman (09), Shakwat...

Culex density rises in Dhaka, may peak in March

SM NAJMUS SAKIB | 2026-02-24 00:00:00

The high density of Culex mosquitoes in the capital and other parts of the country is unlikely to ease anytime soon, experts say, at least until the rains arrive and local government authorities become fully functional.The surge in mosquitoes has...

Aminul Islam takes charge as ICT chief prosecutor

FE REPORT | 2026-02-24 00:00:00

The government has appointed Md Aminul Islam, a pro-BNP Supreme Court lawyer, as the new chief prosecutor of the International Crimes Tribunal (ICT) in Dhaka, replacing Muhammad Tajul Islam.The Ministry of Law, Justice and Parliamentary Affairs issued a notification on...

Prime Minister Tarique Rahman, accompanied by Chief of Army Staff General Waker-Uz-Zaman, pinned the rank insignia

2026-02-24 00:00:00

Prime Minister Tarique Rahman, accompanied by Chief of Army Staff General Waker-Uz-Zaman, pinned the rank insignia of Lieutenant General on 24 Infantry Division GOC Major General Mir Mushfiqur Rahman in Dhaka Cantonment on Monday. — PID

PCA could be signed shortly: EU envoy

FE REPORT | 2026-02-24 00:00:00

Bangladesh and the European Union discussed Monday the possibilities of signing a free-trade agreement (FTA), as the EU desires to expand the multifaceted bilateral relations.The issue was highlighted during discussion between foreign minister Dr Khalilur Rahman and a delegation of...