FE Today Logo

Search results for:


Remittances hit record high in 2025

JASIM UDDIN HAROON | 2026-01-02 00:00:00

Remittance inflows to Bangladesh surged to an all-time high of US$32.82 billion in the calendar year 2025, underscoring the growing role of migrant workers in supporting the country's economy at a time of persistent domestic and global challenges.The record inflows...

Bankers cautiously optimistic about a turnaround

JUBAIR HASAN | 2026-01-02 00:00:00

Bankers sound cautiously optimistic about a turnaround in the problem-ridden banking sector on right-minded policy support following the change-making polls ahead in the new year. Bangladesh saw so many eventful happenings in the just-past year 2025 but it was the...

NBR digitises UP system to expedite raw material imports

FE REPORT | 2026-01-02 00:00:00

The National Board of Revenue (NBR) has launched fully online services enabling direct exporters to obtain Utilisation Permissions (UPs), aiming to expedite the import of raw materials and reduce lead times.Under the new system, the Customs Bond Management System (CBMS)...

Neymar agrees to extend Santos deal

2026-01-02 00:00:00

SAO PAULO, Jan 01 (AFP): Neymar has agreed to renew his contract with Santos until the end of 2026, a source close to the negotiations told AFP.On Wednesday, Santos, Pele's former club, posted a cryptic video on social media showing...

Cummins, Hazlewood in spin-heavy Australia squad

2026-01-02 00:00:00

MELBOURNE, Jan 01 (AFP): Pat Cummins and Josh Hazlewood were Thursday named in a spin-heavy provisional Australian squad for this year's Twenty20 World Cup after their Ashes campaign was ruined by injury.Test skipper Cummins only played one of the five...

Major events to look out for

2026-01-02 00:00:00

Bangladesh's International cricket calendar for 2026 is set to be a busy one, filled with important bilateral series and multinational tournaments, reports BSS.After experiencing some ups and downs in 2025, marked by individual brilliance, the national team is gearing up...

Shamim’s heroics fall short

2026-01-02 00:00:00

Shamim Hossain produced a blistering knock under pressure, but his valiant effort went in vain as the Sylhet Titans edged the Dhaka Capitals by six runs in the Bangladesh Premier League (BPL) encounter at the Sylhet International Cricket Stadium in...

People suffer on dilapidated Jashore road

OUR CORRESPONDENT | 2026-01-02 00:00:00

BENAPOLE, Jan 01: About half a kilometre road connecting the Jashore-Khulna Highway with Nawapara municipality river port in Jashore's Abhaynagar Upazila have not undergone any repair works in the last 19 years, leaving hundreds of people compelled to use it...

Singair's Old Clothes Haat gains popularity for old and low-cost winter garments

OUR CORRESPONDENT | 2026-01-02 00:00:00

MANIKGANJ, Jan 01: As winter cold intensifies across Manikganj over the past several days, demand for warm clothing has surged sharply. While affluent and middle-class families crowd shopping malls and branded stores, low- and lower-middle-income people are turning to a...

India allows banks to sponsor pension funds under NPS

2026-01-02 00:00:00

MUMBAI, Jan 1 (Reuters): India's pension fund regulator has allowed banks to sponsor pension funds that will manage monies under the National Pension System (NPS), in a bid to bolster competition in the sector.The Pension Fund Regulatory and Development Authority...

AI spending, strong corporate profits, Fed rate cuts seen as key to 2026 US stock market

2026-01-02 00:00:00

NEW YORK, Jan 1 (Reuters): The US stock market is closing the books on a third straight year of double-digit percentage gains. A fourth stellar year in 2026 may be a tall order, requiring strong earnings, a dovish Federal Reserve...

RUPALI BANK HOLDS SPECIAL DOA MAHFIL

2026-01-02 00:00:00

Rupali Bank PLC held a special doa mahfil at its head office on Thursday to pray for salvation of the departed soul of Begum Khaleda Zia, the first woman prime minister of the country. Managing Director Kazi Md Wahidul Islam,...

DOA MAHFIL HELD AT JANATA BANK

2026-01-02 00:00:00

Janata Bank Jatiyatabadi Karmachari Union held a doa mahfil at the bank's head office on Thursday to pray for salvation of the departed soul of former prime minister and BNP Chairperson Begum Khaleda Zia. Chairman of the bank Md Fazlur...

DTCA moves ahead with bus sector reforms in city

2026-01-02 00:00:00

The Dhaka Transport Coordination Authority (DTCA) organised a workshop on Tuesday to outline a roadmap for transforming the city's bus sector, reports BSS.The event -- titled "Preparedness for Bus Sector Reform of Dhaka City" was held at the DTCA head...

Iftekhar Enam promoted as DMD, AB Bank

2026-01-02 00:00:00

Iftekhar Enam Awal has been promoted to deputy managing director (DMD) of AB Bank.He started his career with AB Bank as seventh batch probationary officer in June 1994 after completing his post graduation in finance from Dhaka University, according to...

Sabbir Hossain joins Bank Asia as AMD

2026-01-02 00:00:00

Md. Sabbir Hossain, a seasoned banker with extensive banking experience, has joined Bank Asia as additional managing director (AMD) and chief operating officer (COO), effective from January 01.Mr. Hossain brings with him more than three decades of successful banking experience,...

Dire year for dollar has little light at end of tunnel in 2026

2026-01-02 00:00:00

NEW YORK, Jan 1 (Reuters): A dismal year for the US dollar is ending with signs of stabilization, but many investors believe the currency's decline will resume next year as global growth picks up and the Fed eases further.The US...

Bangladesh stock market opens 2026 on positive note

FE REPORT | 2026-01-02 00:00:00

After a challenging year, the stock market entered the New Year on high hopes, as bargain hunters placed fresh bets on lucrative stocks on Thursday amid renewed optimism.Market analysts said investors' optimism over evolving political developments offered some relief to...

IDRA overhauls CEO appointment rules to end leadership vacancies

FE REPORT | 2026-01-02 00:00:00

The insurance sector regulator has amended rules to ease the appointment of chiefs to insurance companies, as the earlier eligibility criteria were tough to meet.Insurance company representatives have welcomed the amendment to the Insurance Company (Chief Executive Officer Appointment and...

GTCL HOLDS 32ND ANNUAL GENERAL MEETING

2026-01-02 00:00:00

The 32nd annual general meeting (AGM) of Gas Transmission Company Limited (GTCL) was held in the Board Room of the company's head office in Dhaka recently. Dr Md Hafizur Rahman Bhuiyan, Chairman of the GTCL Board of Directors, chaired the...

Dr Shadi gets Global NRB Award

2026-01-02 00:00:00

Managing Director of Notundhora Group Dr Md Shadi-Uz-Zaman has been awarded 'Global NRB Awards 2025' in the category of 'Visionary leadership in real estate & community development'. He received the award from Bangladesh Bank Governor Dr Ahsan H Mansur at...

Higher US tariffs on imported furniture take effect

2026-01-02 00:00:00

WASHINGTON, United States, Jan 1 (AFP): Steeper US tariffs on some imported furniture items took effect Thursday, in a move that could add pressure on households already feeling the pinch from elevated costs of living.The increase was planned under an...

USDA details $12b farm aid package favouring rice, cotton

2026-01-02 00:00:00

CHICAGO, Jan 1 (Reuters): The US Department of Agriculture released details on Wednesday about how much row crop farmers will receive next year from a $12 billion aid program, but soybean growers say such payments fall short of helping those...

Silver shines in 2025 global market spotlight

2026-01-02 00:00:00

SINGAPORE, Jan 1 (Reuters): Precious metals were the standout performers among commodities last year, with silver outperforming most major equity indexes and currencies, while gold hit record highs on economic and geopolitical risks.Industrial metals also made strong gains in 2025,...

China to impose extra 55pc tariffs on some beef imports

2026-01-02 00:00:00

BEIJING, Jan 1, 2026 (BSS/AFP) - China said on Wednesday it will impose additional 55 percent tariffs on some beef imports from countries including Brazil, Australia and the United States that exceed a certain quantity from January 1.The price of...

BASIC Bank expresses deep shock at Khaleda Zia's death

2026-01-02 00:00:00

The Board of Directors of BASIC PLC, a state-owned commercial bank, expressed deep shock and grief at the death of Begum Khaleda Zia, former prime minister of Bangladesh who served the nation for three times.A condolence resolution was unanimously adopted...

Sammilito Islami Bank starts restoring customer access

2026-01-02 00:00:00

Banking operations returned to normal on Thursday as five troubled Islamic banks in Bangladesh officially merged under a single entity, Sammilito Islami Bank, allowing depositors to access their funds after months of uncertainty, reports UNB.The consolidation, effective from the start...

Humayun Kabir becomes SAFA President

2026-01-02 00:00:00

Mohammed Humayun Kabir, former president of the Institute of Chartered Accountants of Bangladesh, has recently been appointed as President of South Asian Federation of Accountants (SAFA) for the year 2026.On the other hand, Probin Kumar Jha from the Institute of...

Govt expects 143 mmcfd gas from 11 wells

2026-01-02 00:00:00

As part of its efforts to meet the country's growing energy demand, Petrobangla is working to supply 143 million cubic feet per day (mmcfd) of gas through the exploration and workover of 11 wells in different gas fields, reports BSS."Upon...

Ctg Port breaks all previous records in 2025

NAZIMUDDIN SHYAMOL | 2026-01-02 00:00:00

CHATTOGRAM, Jan 01: Chittagong Port, the maritime gateway of Bangladesh, has achieved a historic milestone by handling the highest number of containers in 2025.The prime seaport handled a total of 3.40 million (34,09,069) TEUs (20-foot equivalent units) of containers, 138.15...