FE Today Logo

Search results for:


Long queues form as subsidised TCB sales begin for Ramadan

FE REPORT | 2026-02-19 00:00:00

Long queues of consumers, mainly from low- and lower-middle-income groups, were spotted across the capital on Wednesday to buy essential goods at subsidised rate from the Trading Corporation of Bangladesh (TCB).The TCB launched its special subsidised sales programme in the...

Prayer Timings _2026-02-19

2026-02-19 00:00:00

Iran temporarily closes parts of Strait of Hormuz during drills

2026-02-19 00:00:00

Dubai, Feb 18: Iran has said it temporarily closed the Strait of Hormuz, the narrow mouth of the Persian Gulf, as it conducted live fire exercises in the vital waterway, through which 20% of the world's oil passes.Earlier, the country...

Taka gains slight competitive relief

JASIM UDDIN HAROON | 2026-02-19 00:00:00

Bangladesh's exporters enjoyed a modest boost in December last as the country's real effective exchange rate (REER) edged down, easing pressure on the Taka and slightly improving its global competitiveness. The latest central bank data suggest that while the currency...

New govt to take steps to defer LDC graduation

FE REPORT | 2026-02-19 00:00:00

The new government will take initiatives to defer Bangladesh's graduation from the Least Developed Country (LDC) status, says Commerce, Industries, Textiles and Jute Minister Khandaker Abdul Muktadir.Speaking to journalists at the secretariat on Wednesday, he said the government had already...

All schools closed during Ramadan

2026-02-19 00:00:00

After some initial back-and-forth, the education authorities have said all government and private primary, secondary, and lower-secondary schools will stay shut for the entire month of Ramadan.The holiday begins today (Thursday), reports bdnews24.com.On Wednesday, the new government-on its first day...

Days of 'patronage economy' over

FE REPORT | 2026-02-19 00:00:00

A priority need of the hour is democratisation of Bangladesh economy so that its benefits reach all the people, new Finance and Planning Minister Amir Khasru Mahmud Chowdhury said Wednesday "We can't allow a patronage economy to continue," he told...

Stabilising prices, smooth power supply, bettering law, order first

FE REPORT | 2026-02-19 00:00:00

Holding commodity prices in checks and uninterrupted electricity supply ahead of the fasting month Ramadan alongside bettering law-and-order situation come first in the priorities the new government set on the first day of its function. Newly elected Prime Minister Tarique...

Ramadan begins-

FE REPORT | 2026-02-19 00:00:00

The holy month of Ramadan began across the country today (Thursday) following the sighting of the new crescent moon on Wednesday evening. The announcement was made after a meeting of the National Moon Sighting Committee at the conference room of...

Govt determined to break all syndicates of misdeeds

FE DESK | 2026-02-19 00:00:00

Prime Minister Tarique Rahman sets a strong tone of his government in his maiden address on Wednesday night with a vow that all syndicates of irregularities and misdeeds will be dismantled. "Our government is determined to break all syndicates of...

US names envoy to advance Tibetan rights

2026-02-19 00:00:00

WASHINGTON, Feb 18 (AFP): US Secretary of State Marco Rubio on Tuesday announced an envoy to promote the protection of Tibetans living under Chinese rule, in a rare return under the Trump administration to championing human rights.Rubio announced that Riley...

Dual nationals face scramble

2026-02-19 00:00:00

LONDON, Feb 18 (BBC): When Jelena returns home from a "holiday of a lifetime" travelling around South America later this year, she faces being told she can no longer enter the UK.The British-Latvian dual national is among those who say...

Philippine VP Sara Duterte to vie for president in 2028

2026-02-19 00:00:00

MANILA, Feb 18 (BBC): Philippine Vice-President Sara Duterte has declared her candidacy for president in the 2028 elections. The 47-year-old's announcement comes as she is embroiled in a bitter power struggle with current President Ferdinand "Bongbong" Marcos Jr.While the presidential...

Vatican will not partake in Trump's 'Board of Peace'

2026-02-19 00:00:00

ROME, Feb 18 (AFP): The Vatican will not participate in US President Donald Trump's "Board of Peace", its secretary of state said on Tuesday.The board, of which Trump is the chairman, was initially designed to oversee the Gaza truce and...

Canada launches huge defence plan to curb reliance on US

2026-02-19 00:00:00

MONTREAL, Feb 18 (AFP): Prime Minister Mark Carney on Tuesday launched a multi-billion dollar plan to strengthen the Canadian military and rely less on the United States.Carney's announcement of Canada's first defence industrial strategy built on a theme he has...

US to stop Iran's N arms ambitions 'one way or other', says US energy secy

2026-02-19 00:00:00

PARIS, Feb 18 (AFP): The United States will deter Iran from acquiring nuclear weapons "one way or the other", US Energy Secretary Chris Wright warned on Wednesday.US President Donald Trump "believes firmly we cannot have a nuclear-armed Iran," Wright told...

Takaichi reappointed PM following election

2026-02-19 00:00:00

TOKYO, Feb 18 (AFP): Japan's lower house formally reappointed Sanae Takaichi as prime minister on Wednesday, 10 days after her historic landslide election victory.Takaichi, 64, became Japan's first woman premier in October and won a two-thirds majority for her party...

Ukraine peace talks end abruptly

2026-02-19 00:00:00

GENEVA, Feb 18 (Reuters): Peace talks between Ukraine and Russia in Geneva ended abruptly on Wednesday after only two hours, with Ukrainian President Volodymyr Zelenskiy saying that the discussions had been "difficult" and accusing Russia of deliberately seeking to delay...

Major Gulf markets gain

2026-02-19 00:00:00

Major Gulf stock markets rose in early trade on Wednesday after Iran touted progress in nuclear negotiations with the United States, reports Reuters.Iran's foreign minister said, after talks in Geneva on Tuesday, Tehran and Washington had reached an understanding on...

Europe's STOXX 600 hits record high on earnings boost

2026-02-19 00:00:00

The STOXX 600 rose 0.8 per cent to hit a record high on Wednesday as defence and banking shares gained while investors assessed corporate updates and reports of leadership changes at the European Central Bank, reports Reuters.The pan-European index was...

MEP GROUP HOLDS ANNUAL BUSINESS PLAN MEETING

2026-02-19 00:00:00

MEP Group recently held its Annual Business Plan 2026 meeting. The event was attended by MEP Group Director Shokil Alam Chakladar, Assistant Director & CFO James Tutul Mondal, Senior General Sales Manager S. M. Habibur Rahman, and other senior officials....

Asian shares rise

2026-02-19 00:00:00

TOKYO, Feb 18 (AFP): Asian stocks mostly rose Wednesday, while the oil market was cautious after prices dropped in the wake of Tehran's upbeat response during talks with US officials on Iran's nuclear programme.Tokyo ended up 1.0 percent after Washington...

CITIZENS BANK OPENS LOHAGARA BRANCH

2026-02-19 00:00:00

Citizens Bank Managing Director Alamgir Hossain has formally inaugurated Lohagara branch in Chattogram as chief guest. Lohagara Upazila Nirbahi Officer Md. Saiful Islam was present at the event as special guest. Speaking on the occasion, the chief guest highlighted that...

NCC BANK INKS DEAL WITH UNISOFT SYSTEMS FOR DIGITAl LOANS

2026-02-19 00:00:00

NCC Bank has formally launched its digital loan management system (DLMS) across all branches. The solution has been designed and implemented by Unisoft Systems Limited, a leading technology service provider. The official agreement signing ceremony was recently held at the...

SOUTHEAST BANK WINS 'J.P. MORGAN'S AWARD'

2026-02-19 00:00:00

Southeast Bank has won "The 2025 U.S. Dollar Clearing Elite Quality Recognition Award for Outstanding Achievement of Best-in-Class" of J.P. Morgan Chase Bank, N.A., the largest bank in the United States. The ceremony was graced by Southeast Bank Chairman MA...

PRIME BANK OFFERS EXCLUSIVE B1G1 AT HYATT PLACE DHAKA UTTARA

2026-02-19 00:00:00

Prime Bank has signed a strategic partnership agreement with Hyatt Place Dhaka Uttara to offer an exclusive deal including buy one get one (B1G1) offer. A signing ceremony was recently held at Hyatt Place Dhaka Uttara in this regard. Under...

'Global euro' may have to come with some FX lift

2026-02-19 00:00:00

LONDON, Feb 18 (Reuters): As American and European policymakers know well, global currency dominance and exchange rate movement are different things. But there's a decent argument that Europe's push to widen euro usage necessarily involves some revaluation of the single...

Stocks extend slide as investors await policy signals from new govt

FE REPORT | 2026-02-19 00:00:00

Stocks plunged for another session on Wednesday as investors cautiously assessed the potential policy direction and regulatory environment under the newly elected government.The BNP-led government formed after oath-taking on Tuesday is yet to disclose any work plan regarding the capital...

Regulator urges compensation for shareholders before NBFI liquidation

FE REPORT | 2026-02-19 00:00:00

The securities regulator has sought a compensation package for investors before delisting the non-bank financial institutions (NBFIs) that are set to be liquidated.A committee from the Bangladesh Securities and Exchange Commission (BSEC) met representatives of the central bank a few...

Big Food pours millions into rebrands as obesity drugs reshape US demand

2026-02-19 00:00:00

NEW YORK, Feb 18 (Reuters): Global food and beverage companies from PepsiCo to Coca-Cola are focusing on shorter ingredient lists and smaller pack sizes in 2026 as more people take appetite-suppressing GLP-1 drugs for weight loss.Companies that previously took a...