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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...

Silence as social order

Matiur Rahman | 2026-02-03 00:00:00

Domestic violence in Bangladesh is routinely framed as a private tragedy, an unfortunate but inevitable aspect of family life. Yet the latest report, 'Violence Against Women Survey 2024' by the Bangladesh Bureau of Statistics (BBS), confronts us with a far...

Protecting tourism industry

2026-02-03 00:00:00

The tourism industry is a significant source of national revenue. Around the world, countries preserve their historical heritage and archaeological sites to attract visitors while continually creating new attractions. Despite having all the elements necessary for tourism, Bangladesh is often...

Washington's deliberate mixed signals to Tehran

2026-02-03 00:00:00

As the United States naval forces assemble in the Gulf even as Washington acknowledges ongoing talks with Tehran, the U.S. appears to be pursuing a carefully calibrated but inherently risky strategy. By pairing visible military pressure with diplomatic outreach, Washington...

What's in store for post-poll govt?

Syed Fattahul Alim | 2026-02-03 00:00:00

Following a consultation with Bangladesh at the end of January 2026, the global multilateral lender IMF in a press release made a rather cautious forecast about the economy under the post-election government. The IMF was somewhat positive about GDP's growth...

In quest of peaceful electioneering

Mir Mostafizur Rahaman | 2026-02-03 00:00:00

For the first time in nearly two decades, the people of Bangladesh are being offered a genuine opportunity to exercise their right to vote under a non-partisan interim government. The election scheduled for 12 February is more than a routine...

Restoration of rivers and canals

2026-02-03 00:00:00

As part of river and canal restoration in and around the capital city, a programme is on the move with the World Bank (WB) committing a loan to the tune of $370 million. A report carried in this newspaper on...

2nd day’s strike at Ctg port hits maritime trade

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

CHATTOGRAM: The strike of Chittagong port workers has hampered the maritime trade in the country. The operational activities of Chittagong Port, the prime sea port of the country, remained suspended for a second consecutive day on Sunday as the port...

BNP alleges voter migration in Dhaka, demands EC data

2026-02-02 00:00:00

BNP on Sunday alleged that an unusually large number of voters had been migrated to certain constituencies in Dhaka city and other parts of the country, and demanded constituency-wise data on voter migration from the Election Commission.The allegation came as...

T-bill yields climb after new PD guidelines

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

The yields on treasury bills (T-bills) rose on Sunday following the implementation of new primary dealer (PD) guidelines aimed at injecting greater dynamism into both the primary and secondary markets.The cut-off yield, generally regarded as the interest rate, on the...

Travel ban on DNCC administrator Azaz over graft probe

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

A Dhaka court on Sunday imposed a travel ban on Mohammad Azaz, administrator of Dhaka North City Corporation (DNCC), as he is facing a corruption inquiry.The order was passed by Dhaka Metropolitan Senior Special Judge Court's judge Md Sabbir Fayez,...