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Marine insurance cos considering canceling, repricing policies in the Middle East

2026-03-02 00:00:00

RIYADH, Mar 01 (Arab News): Marine insurance companies are considering canceling or repricing policies in the Middle East, according to the Financial TimesThis comes after the US and Israeli strikes on targets inside Iran, followed by missile attacks and retaliatory...

OPEC+ mulls oil production increase in shadow of war

2026-03-02 00:00:00

LONDON, Mar 01 (AFP): As a fresh Middle East conflict risks sending oil prices sharply higher, Saudi Arabia, Russia and six other key members of the OPEC+ alliance are widely expected to announce an output increase Sunday, analysts say.The virtual...

BEPZA signs US$30.47m deal for manufacturing hydroponics tent

2026-03-02 00:00:00

Green Pure Houseware (BD) Company Ltd, a China (Hong Kong)-based company, will invest US$ 30.47 million to produce Greenhouse Hydroponics Tents-specialised portable enclosed structures designed for soilless plant cultivation-alongside EVA cabinet mats, cartons, and PE packaging films, says a press...

Texas port humming as Trump ramps up Venezuela oil

2026-03-02 00:00:00

HOUSTON, March 1 (AFP): A cargo ship teems with workers in hard hats at the Port of Houston, the latest US vessel headed to Venezuela after President Donald Trump lifted restrictions to boost oil production in the crisis-hit country.US sanctions...

Standard Islami Bank inks deal with Best Western Heritage

2026-03-02 00:00:00

To make recreational travel more affordable and convenient for its customers, Standard Islami Bank has recently signed an MoU with Best Western Heritage. Md. Siddiqur Rahman, acting Managing Director of Standard Islami Bank, and Md. Shamim Hasan, Head of Sales...

Subarna Char Branch of Mercantile Bank relocates

2026-03-02 00:00:00

The Subarna Char Branch of Mercantile Bank PLC moved to a new location on Sunday to provide the latest and developed banking services in a more spacious setting. Mati Ul Hasan, Managing Director of the bank, virtually inaugurated the branch...

IFIC Bank promotes 88 officials in recognition of professional excellence

2026-03-02 00:00:00

IFIC Bank has promoted 88 officials at various levels in recognition of their significant contributions to the institution's sustainable growth and achievement of strategic objectives. A ceremony titled "Celebrating Career Progression" was held recently at IFIC Tower in the capital....

Nagad, MTB sign agreement to expand interoperable digital transactions

2026-03-02 00:00:00

Nagad Limited and Mutual Trust Bank PLC (MTB) have recently signed an agreement at Mutual Trust Bank PLC's head office aimed at expanding interoperable transaction services across the country. Under the arrangement, MTB will act as the settlement bank for...

Govt to make state-run industries profitable, says Farzana Sharmin

2026-03-02 00:00:00

NATORE, March 1 (BSS): State Minister for Women and Children Affairs Farzana Sharmin on Sunday said the government will take initiatives to modernize all state-owned industries, including sugar mills, and bring them to a profitable level.She made the remarks while...

CIS-BCCI discusses significance of FTA

2026-03-02 00:00:00

The Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) organised a discussion on FTA at Dhaka Regency Hotel & Resort Ltd in the city on Saturday, reports BSS.The event was attended by the Acting President, Members of the...

Smart, secure, inclusive

2026-03-02 00:00:00

As Bangladesh enters the spiritually significant month of Ramadan, followed by the festive celebration of Eid, financial activity across the country accelerates. From remittances and retail consumption to charitable giving and digital payments, the season represents one of the largest...

BGMEA warns factories after Indian buyer fails to clear export bill

MONIRA MUNNI | 2026-03-02 00:00:00

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has asked its member factories to refrain from doing business with four Indian companies as one of the buyers allegedly failed to pay for goods already shipped.The alert came after Styleverse Lifestyle...

Britain's FTSE 100 hits new peak on miners strength

2026-03-02 00:00:00

London's FTSE 100 climbed to a fresh record high on Friday and was set for its eighth straight monthly rise, boosted by heavyweight miners as lingering tariff concerns fuelled safe-haven demand in some commodities, reports Reuters.The blue?chip FTSE 100 rose...

Netflix, Paramount shares jump

2026-03-02 00:00:00

Netflix jumped more than 9 per cent premarket on Friday as investors cheered its decision to exit the fight for Warner Bros Discovery, while Paramount rose about 10 per cent on winning the race for some of the world's most...

AI disruption looms over markets with US jobs data on tap

2026-03-02 00:00:00

NEW YORK, Mar 1 (Reuters): Prospects for artificial intelligence to disrupt business sectors should keep the US stock market on edge in the coming week, as Wall Street looks for more insight into how the emerging technology will reverberate through...

JANATA BANK SIGNS AGREEMNET WITH AURORA SPECIALIZED HOSPITAL

2026-03-02 00:00:00

Janata Bank PLC and Aurora Specialized Hospital signed a corporate agreement on medical services on Sunday. Under the agreement, officers and employees of Janata Bank and their family members, as well as the bank's cardholders, will receive special discounts on...

RUPALI BANK HOLDS BUSINESS REVIEW MEETING:

2026-03-02 00:00:00

The state-owned Rupali Bank PLC held a business review meeting for the corporate-1 branches under the Local Office and the Dhaka North and Dhaka South divisional offices at the bank's head office at Dilkusha in Dhaka on Sunday. Managing Director...

One more customer wins motorcycle in Islami Bank remittance festival

2026-03-02 00:00:00

Monir Sikder, a client of the Muladi branch of Islami Bank Bangladesh PLC in Barishal, has won the fifth motorcycle in the bank's Cash Remittance Festival.Customers who receive remittances through Ria Money Transfer at Islami Bank are eligible for the...

Al-Arafah Islami Bank holds training workshop_

2026-03-02 00:00:00

Al-Arafah Islami Bank held a daylong training course titled "Litigation Management for Speedy Recovery of Classified Investments" at the Bank's Training Institute (AIBTI) on Saturday. Managing Director and CEO of the bank Mohd. Rafat Ullah Khan was present as the...

UCB OPENS ITS 233RD BRANCH IN MIRZAPUR

2026-03-02 00:00:00

United Commercial Bank (UCB) has inaugurated a new branch in Mirzapur, Tangail, with the aim of providing modern, fast, and reliable banking services to local customers. Mohammad Mamdudur Rashid, managing director & CEO of the bank, inaugurated the branch. Tangail-7...

PUBALI BANK, ACI LOGISTICS (SHWAPNO) SIGN MOU

2026-03-02 00:00:00

A memorandum of understanding (MoU) has been signed between Pubali Bank and ACI Logistics (Shwapno). Through this strategic partnership, both organisations will work together on customer service enhancement, marketing innovation, CRM integration and co-branded campaign initiatives. The ceremony was attended...

Prime Bank, Friendship launch climate resilience prog for Bhatpara, Kurigram

2026-03-02 00:00:00

Prime Bank and Friendship launched a climate resilience initiative aimed at protecting Bangladesh's one of the most vulnerable chars, Bhatpara, in Austomir Char Union of Kurigram's Chilmari Upazila.Under Prime Bank's corporate social responsibility programme, the two organisations signed a memorandum...

Reliance Insurance profit dips 7.7pc in 2025, hit by Dhaka airport cargo village fire

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

Reliance Insurance reported a 7.68 per cent year-on-year decline in profit to Tk 885.46 million in 2025, primarily due to higher claim settlements in the fourth quarter.Its earnings per share (EPS) stood at Tk 8.42 as of December 2025, down...

Iran war tears through stocks as jittery investors rush to secure assets

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

The equity market index tumbled on Sunday as investors were rattled by the global crisis that ensued after the US-Israel strike on Iran killed the country's Supreme Leader Ayatollah Ali Khamenei and other top security officers.According to market analysts, stocks...

Weather _2026-03-02

2026-03-02 00:00:00

Weather may remain mainly dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Monday), according to the Met Office.Day and night temperature may remain nearly unchanged over the country.The highest temperature...

Civil aviation minister's mother passes away

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

Huron Nahar Rashid, mother of Civil Aviation and Tourism Minister Afroza Khanam Rita, passed away early Sunday at the age of 83. She breathed her last at 4:30am at Evercare Hospital in the capital, where she had been undergoing treatment....

Claim of pregnant policewoman killed in July Movement ‘baseless’

2026-03-02 00:00:00

Fact-checking organisation Rumor Scanner has identified the claim that a pregnant female police member was killed during the July movement as baseless, reports BSS.In a fact-check report, the Rumor Scanner investigation team said there is no evidence to support the...

Total eclipse of moon tomorrow

2026-03-02 00:00:00

A total eclipse of the moon will occur on March 3 (Tuesday), according to a release of the Inter-Services Public Relations (ISPR) Directorate reports BSS.On the day of total lunar eclipse, the moon will spend 58 minutes and 18 seconds...

Lalon festival in Kushtia cut short this year

2026-03-02 00:00:00

KUSHTIA, Mar 01 (UNB): The annual Lalon festival at Chheuriya Akhrabari in Kumarakhali upazila of Kushtia district, traditionally held over three days on the occasion of Dol Purnima, will be observed for one day this year, starting on Monday evening,...

Arrest, punish Hafizur's killers, Jamaat urges govt

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

Bangladesh Jamaat-e-Islami has urged the government to arrest and give exemplary punishment to the killers of Hafizur Rahman, a local leader of the party in Jibonnagar upazila under Chuadanga. Jamaat Secretary General Mia Golam Parwar, in a statement issued on...