FE Today Logo

Search results for:


World should be alarmed if N arms control treaty expires

2026-02-03 00:00:00

MOSCOW, Feb 02 (Reuters): Senior Russian security official Dmitry Medvedev has warned of the danger of letting the last U.S.-Russian nuclear arms control treaty expire this week without any understanding of what comes next, suggesting it would speed up the...

Iran president orders talks with US as Trump hopeful of deal

2026-02-03 00:00:00

PARIS, Feb 02 (AFP): Iranian President Masoud Pezeshkian has ordered the start of nuclear talks with the United States, local media said Monday, after US leader Donald Trump said he was hopeful of a deal to avert military action against...

Reliance leads partial recovery in Indian stocks from budget day selloff

2026-02-03 00:00:00

India's equity benchmarks advanced on Monday, led by gains in infrastructure stocks and bargain hunting in heavyweight Reliance Industries, as markets partially recovered from damage taken after the federal budget, reports Reuters.The Nifty 50 rose 1.06 per cent to 25,088.4,...

European shares flat as defensives limit commodities slump

2026-02-03 00:00:00

The STOXX 600 index was flat on Monday, as losses in commodity-linked stocks were offset by gains in defensives such as consumer staples stocks, while investors also assessed several earnings reports to gauge the health of corporate Europe, reports Reuters.The...

RUPALI BANK HOLDS BUSINESS REVIEW MEETING IN BARISHAL-

2026-02-03 00:00:00

Rupali Bank PLC held a review meeting on the progress of business operations of the branches under its Barishal Divisional office on Monday. Managing Director of the bank Kazi Md Wahidul Islam was present as the chief guest at the...

NCC BANK'S ANNUAL BUSINESS CONFERENCE-2026

2026-02-03 00:00:00

NCC Bank's two-day annual business conference concluded at the Sea Pearl Beach Resort in Cox's Bazar with the objective of accelerating the bank's business growth through the expansion of service coverage. The event was inaugurated by Md. Nurun Newaz Salim,...

SAMMILITO ISLAMI BANK HOLDS FOURTH BOARD MEETING

2026-02-03 00:00:00

The fourth meeting of the board of directors of Sammilito Islami Bank was held on Monday at City Centre, Motijheel. Md Ayub Mia, chairman of Sammilito Islami Bank, chaired the meeting. Members of the bank's board of directors were present...

MIDLAND BANK RECEIVES LICENCE FROM MASTERCARD

2026-02-03 00:00:00

Md. Ahsan-uz-Zaman, managing director & CEO of Midland Bank, received a Mastercard affiliated membership licence from Syed Mohammad Kamal, country manager of Mastercard Bangladesh, at a ceremony held at the bank's head office in Dhaka on Sunday. This partnership establishes...

Meghna Condensed Milk faces going concern risk as liabilities exceed assets

FE REPORT | 2026-02-03 00:00:00

Meghna Condensed Milk, a sister concern of the local conglomerate Meghna Group, risks going out of business as its liabilities have exceeded its assets, said auditors.In the latest auditor's report, the auditor flagged multiple irregularities and limitations in audit evidence,...

Singer's losses widen, but investors bet on new plant payoff

FE REPORT | 2026-02-03 00:00:00

Singer Bangladesh's stock surged 2.31 per cent to Tk 84.2 per share on Monday despite its recent disclosure of a hefty annual loss in 2025 on the back of soaring finance costs.The multinational electronics and home appliance manufacturer reported a...

Bank stocks propel market on hopes of post-poll recovery

FE REPORT | 2026-02-03 00:00:00

The Dhaka bourse closed Monday's session with a moderate rise in the broad index, extending the gaining streak for the second consecutive session, mainly driven by the banking sector.From the very beginning of the day's session, investors' buoyancy was visible...

Japan PM Takaichi must face bond investors before winning over voters

2026-02-03 00:00:00

TOKYO, Feb 2 (Reuters): Japanese Prime Minister Sanae Takaichi faces a crucial markets test in the final run-up to a snap election this weekend where she is hoping a decisive victory will give her a mandate for expansionary fiscal policy.The...

Call to turn light engineering sector into export-oriented industry

2026-02-03 00:00:00

Stakeholders have stressed the need for coordinated and strategic efforts to transform Bangladesh's light engineering sector into a more export-oriented and competitive industry, positioning it as a key driver of the country's next phase of industrialisation.With Bangladesh set to graduate...

Community Bank, Zaytoon Fintech to promote financial inclusion

2026-02-03 00:00:00

Community Bank Bangladesh PLC and Zaytoon Fintech Limited have entered into a strategic partnership to deliver integrated digital financial solutions, reinforcing their shared commitment to advancing financial inclusion across Bangladesh.Through the rollout of Bangla QR Merchant Acquiring Services, the collaboration...

BRIC to invest $5.32m in agro-processing plant at Jamalpur EZ

FE REPORT | 2026-02-03 00:00:00

Business Research International Corporation (BRIC), a local company, is set to invest $5.32 million in an agro-processing plant at the Jamalpur Economic Zone (EZ) to establish an agro-processing industry.To this end, BRIC inked a land lease agreement with the Bangladesh...

CBS upgrade underway at Al-Arafah Islami Bank

2026-02-03 00:00:00

The Core Banking System (CBS) upgrade programme of Al-Arafah Islami Bank PLC is underway with the objective of enhancing technological capabilities, building a modern banking infrastructure, and ensuring safer, faster, and uninterrupted banking services for customers.The CBS upgrade programme was...

Trust Bank and PKSF sign credit guarantee agreement under CES

2026-02-03 00:00:00

Trust Bank PLC and Palli Karma-Sahayak Foundation (PKSF) signed a significant Credit Guarantee Agreement under the Credit Enhancement Scheme (CES) in Dhaka recently, aiming to enhance access to formal financial services for micro-entrepreneurs in underserved regions across the country.The agreement...

Apparel leaders push for cash incentive changes to aid spinners

JASIM UDDIN | 2026-02-03 00:00:00

Leaders of the apparel and textile sector have urged the government to overhaul the existing cash incentive structure to enhance the competitiveness of local spinning mills.Without targeted support, the primary textile sector could continue to lose ground amid rising costs...

Russian wheat export prices rise third week in a row

2026-02-03 00:00:00

Moscow, Feb 2 (Reuters): Russian wheat export prices rose for the third week in a row amid a strengthening rouble and poor weather at ports while analysts do not yet see any damage to crops from a cold spell that...

Soybeans, wheat, corn futures fall

2026-02-03 00:00:00

BEIJING/HAMBURG, Feb 2 (Reuters): Chicago Board of Trade soybeans, wheat and corn futures fell on Monday, tracking a slump in the commodities markets, ample global supplies and the dollar's strength that made US exports less competitive in international markets.Chicago Board...

Cocoa hovers near two-year lows as surplus worries weigh

2026-02-03 00:00:00

LONDON, Feb 2 (Reuters): Cocoa futures on the ICE exchange hovered near two-year lows on Monday, with dealers remaining concerned over the size of surplus stocks in West Africa because of reduced global demand.London cocoa dropped 1.1% to 2,880 pounds...

Oil prices slide 5pc on US-Iran de-escalation

2026-02-03 00:00:00

LONDON, Feb 2 (Reuters): Oil prices fell 5% on Monday after US President Donald Trump said Iran was "seriously talking" with Washington, signalling a de-escalation of tensions with an OPEC member, while a stronger dollar also weighed on prices.Brent crude...

Martínez scores for Milan, closes in on club records

2026-02-03 00:00:00

MILAN, Feb 02 (AP): Lautaro Martínez is closing in on more records for Inter Milan.The Argentinian World Cup winner scored again on Sunday to set league leader Inter on its way to a 2-0 win at Cremonese in Serie A.It...

VAR delay sparks controversy as player sent off after halftime in Brazilian Super Cup

2026-02-03 00:00:00

BRASILIA, Feb 02 (Reuters): The use of VAR to send off Flamengo's Jorge Carrascal after halftime for an incident that occurred before the break raised fresh questions about its use during Sunday's Brazilian Super Cup at the Mane Garrincha Stadium...

Pakistan's India T20I WC boycott likely to cost world cricket $250m

2026-02-03 00:00:00

Pakistan's decision to forbid its national cricket team from playing against India at the Twenty20 World Cup on February 15 may cost world cricket more than a quarter of a billion dollars and prompt broadcasters to ask urgent questions of...

Bangladesh stun India 2-0 to top table

2026-02-03 00:00:00

The Bangladesh Under-19 women's football team continued their dominant run in the SAFF U-19 Women's Championship, securing a convincing 2-0 victory over arch-rivals India at the Pokhara Rangasala Stadium in Nepal on Monday, reports UNB.Following a record-breaking 12-0 demolition of...

MIST student's body recovered from Padma River

2026-02-03 00:00:00

MUNSHIGANJ, Feb 02 (BSS): The body of a Military Institute of Science and Technology (MIST) student, who went missing while bathing in the Padma River at Mawa, was recovered on Monday, two days after the incident.The deceased was identified as...

Man killed in clash over land dispute in Narail

2026-02-03 00:00:00

NARAIL, Feb 02 (UNB): A 36-year-old man was killed and two others were injured in a clash between two groups of villagers over a land dispute at Beledanga village in Naragati upazila of Narail district on Monday.The deceased was identified...

Medicines worth Tk 24m expire in Sunamganj hospital: Official investigation

OUR CORRESPONDENT | 2026-02-03 00:00:00

SYLHET, Feb 02: An official investigation committee established recently that fifteen types of essential medicines worth Tk 24 million were expired at the Sunamganj 250 bed District Sadar Hospital in 2024. Deputy Commissioner (DC) & District Magistrate Dr. Mohammad Ilias...

Jhenaidah heritage sites set to disappear for neglect

OUR CORRESPONDENT | 2026-02-03 00:00:00

BENAPOLE, Feb 02: Jhenaidah's history is not merely a reflection of the past; it is the very identity of the region. However, the district's centuries-old historical and heritage structures-silent witnesses to the passage of time-are now facing severe neglect. Due...