FE Today Logo

Search results for:


Jamaat, seven other parties press for Nov referendum

2025-10-31 00:00:00

Eight political parties, including Bangladesh Jamaat-e-Islami, Islami Andolon Bangladesh and Khelafat Majlish, Thursday submitted separate memorandums to Chief Election Commissioner (CEC) A M M Nasir Uddin for holding a referendum in November to give the July National Charter a legal...

BNP rejects pre-election referendum

FE REPORT | 2025-10-31 00:00:00

The Bangladesh Nationalist Party (BNP) has categorically rejected the National Consensus Commission's proposal to hold a referendum on constitutional reforms before the national election, calling it undemocratic, impractical, and coercive.Speaking at a press conference at the BNP Chairperson's Office in...

IMED flags irregularities, mismanagement in Padma Oil HQ project

JAHIDUL ISLAM | 2025-10-31 00:00:00

The Implementation Monitoring and Evaluation Division (IMED) under the Planning Ministry has found serious irregularities, fund misuse, and mismanagement in the project to construct the head office of Padma Oil Company Limited in Chattogram, which has remained incomplete for over...

Sinopec set to drill five new gas wells in Bhola

M AZIZUR RAHMAN | 2025-10-31 00:00:00

China's state-owned oil- and gas-exploration-company Sinopec is poised to secure a contract to drill five new gas wells on gas-rich Bhola island, as Bangladesh moves to ramp up domestic production of the fuel amid mounting energy demand.Bangladesh Petroleum Exploration and...

Now CA to decide timing of referendum

FE REPORT | 2025-10-31 00:00:00

Chief Adviser of the post-uprising government Prof Muhammad Yunus takes on the onus of deciding when the referendum will be held as squabbling political parties stand divided on the timing.Law Adviser Dr Asif Nazrul apprised journalists at press briefing of...

Public company coming up for start-up funding

JUBAIR HASAN | 2025-10-31 00:00:00

An equity-backed public limited company comes up shortly with a Tk 20-billion authorised capital for startup financing to facilitate promising economic ventures in the country, sources say.With eight shareholders, the company is being initially formed with the contribution from 52...

Asia stocks muted with all eyes on Trump-Xi meeting

2025-10-31 00:00:00

HONG KONG, Oct 30 (AFP): Asian stocks were subdued Thursday morning, with investors closely watching talks between the leaders of the United States and China for potential breakthroughs to defuse a damaging trade war.Presidents Donald Trump and Xi Jinping met...

BHBFC HOLDS PUBLIC HEARING

2025-10-31 00:00:00

A public hearing was held at the headquarters of Bangladesh House Building Finance Corporation (BHBFC) in Dhaka on Wednesday as part of its ongoing Customer Service Fortnight. The public hearing was chaired by Md. Abdul Mannan, Managing Director of BHBFC....

JANATA BANK HOLDS ASSET-LIABILITY MANAGEMENT COMMITTEE MEETING-

2025-10-31 00:00:00

Janata Bank PLC held a meeting of the Asset-Liability Management Committee (ALCO) at the bank's head office on Thursday, with the bank's Managing Director Md Mazibur Rahman in the chair. Deputy Managing Directors Md. Golam Mortuza, Md. Nazrul Islam, and...

SHAHJALAL ISLAMI BANK HOLDS 906TH EC MEETING

2025-10-31 00:00:00

The 906th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by Committee chairman Akkas Uddin Mollah. Members of the Committee...

UCB INVESTMENT, BRAIN STATION 23 SIGN ISSUE MANAGEMENT AGREEMENT

2025-10-31 00:00:00

UCB Investment Limited signed an agreement with Brain Station 23 to act as its issue manager, as the software services company in Bangladesh will venture into the capital market with its upcoming initial qualified investor offer. Tanzim Alamgir, managing director...

PUBALI BANK HOLDS WORKSHOP ON CYBER SECURITY AWARENESS

2025-10-31 00:00:00

Pubali Bank's ICT Operation Division recently organised a virtual workshop on cyber security awareness. Mohammad Ali, managing director & CEO of Pubali Bank, inaugurated the workshop as chief guest and delivered a speech on overview on security roadmap of Pubali...

AI boom hits Bangladesh amid global race in 'Fourth Industrial Revolution'

2025-10-31 00:00:00

Artificial intelligence (AI) is no longer just about ChatGPT, Gemini, Grok, or Perplexity; in an age charged with the excitement of the Fourth Industrial Revolution, billions of dollars are being poured into AI and automation as global tech giants compete...

United Finance posts 6pc profit growth

2025-10-31 00:00:00

United Finance PLC held its 235th board meeting on Wednesday, where the financial results for the third quarter of 2025 were approved. The company reported a 6 per cent year-on-year growth in net profit for the first nine months of...

ACC to sue former Robi official for 'acquiring' illegal assets

FE REPORT | 2025-10-31 00:00:00

The Anti-Corruption Commission (ACC) has decided to file a case against Md Rakibul Hasan, a former official of Robi Axiata Limited, on charges of acquiring illegal wealth and hiding information about his assets.ACC Deputy Director Md. Akhtarul Islam on Thursday...

EBL's business acumen achieves one of lowest NPL ratios

FE REPORT | 2025-10-31 00:00:00

Eastern Bank's non-performing loans stood at just 3.07 per cent at the end of September this year, far below the industry average of over 27 per cent as of June."Strong focus on asset quality has driven the bank to achieve...

IDLC Finance secures Q3 profit growth on higher investment income

FE REPORT | 2025-10-31 00:00:00

IDLC Finance reported a 34.78 per cent year-on-year rise in profit to Tk 0.68 billion for the third quarter ending in September this year, driven by higher investment income.The company is among the few non-bank financial institutions (NBFIs) that have...

Top banks' inherent strengths drive profit growth in Jan-Sept

BABUL BARMAN | 2025-10-31 00:00:00

Well-performing banks offset a year-on-year decline in net interest income in the nine months through September with higher returns from investments in government securities.Market-based interest rates helped lenders earn more in interest during the period compared to the same period...

MODHUMOTI BANK EXECUTIVE COMMITTEE MEETING HELD-

2025-10-31 00:00:00

The 139th meeting of the Executive Committee of Modhumoti Bank PLC was held at the bank's Head Office on Thursday. The meeting was presided over by EC Chairman Salahuddin Alamgir. Among others, Mostafa Kamal, Mohammad Ismail Hossain, Nemai Kumar Saha...

NRBC Bank hosts open credit disbursement programme

2025-10-31 00:00:00

NRBC Bank organised an open loan disbursement programme for marginalised, landless farmers, and low-income professionals in Bhola on Thursday. The event was held at a hotel under Bangladesh Bank's refinancing scheme. Rup Ratan Pine, Executive Director of Bangladesh Bank, attended...

Pathao launches new CNG ride option

2025-10-31 00:00:00

Pathao, a leading homegrown super app, has introduced a new ride option, Pathao CNG, to celebrate its 10th anniversary. With this addition, users can now choose from a variety of transport options, including bikes, cars, and CNG vehicles, all within...

Int'l tourism fair kicks off in city

2025-10-31 00:00:00

The 13th Biman Bangladesh Travel and Tourism Fair (BTTF) 2025, the country's largest tourism expo, began at the Bangladesh-China Friendship Conference Centre in Dhaka on Thursday.Lutfe Siddiqi, Special Envoy to the Chief Adviser on International Affairs, was the chief guest...

Prime Bank gets new company secretary

2025-10-31 00:00:00

Prime Bank PLC has announced the appointment of Nayamul Hoque FCS as the Company Secretary recently.Mr Hoque has been serving with Prime Bank since 2023 under the Board Secretary & Corporate Affairs Division, says a press statement. Prior to joining...

Green Delta Ins gets three new independent directors

FE DESK | 2025-10-31 00:00:00

Green Delta Insurance PLC has recently appointed three new independent directors -- Md Habibullah Monju, Kazi Mustaid Murshed, and Advocate Farzana Sharmin (Putul). The regulatory authorities have accorded their consent to these appointments, says a pres statement. Each of the...

CCCI elections postponed for two weeks

2025-10-31 00:00:00

CHATTOGRAM, Oct 30 (BSS): The Appellate Division has postponed the elections of the Chattogram Chamber of Commerce and Industry (CCCI) for two weeks.The seven-member appellate bench issued the stay order on Thursday following an appeal by the Ministry of Commerce....

City Bank celebrates 'Amex Member Week'

FE DESK | 2025-10-31 00:00:00

City Bank is set to celebrate 'Amex Member Week' for the first time in Bangladesh, from November 1 to 7. The week-long celebrations mark another milestone in the bank's longstanding and successful partnership with American Express. Throughout the week, exclusive...

BGMEA partners with NPO to boost Industry 4.0 readiness, global competitiveness

FE REPORT | 2025-10-31 00:00:00

In a move aimed at gearing up for the Fourth Industrial Revolution, garment makers have entered into a strategic partnership with the National Productivity Organisation (NPO) to boost productivity and enhance the competitiveness of the country's top foreign currency earning...

Akij brings Spanish brand Simon to Bangladesh

FE Report | 2025-10-31 00:00:00

Simon, a world-renowned Spanish brand specialising in switches, sockets, lighting, and smart home solutions, has officially been launched in Bangladesh.Akij Electrics and Electronics Limited, a subsidiary of the Akij Venture Group and distributor of Simon products, launched the brand at...

Teenage Australian cricketer dies after being hit by ball

2025-10-31 00:00:00

MELBOURNE, Oct 30 (AFP): A promising 17-year-old Australian cricketer died on Thursday after being struck by a ball, with his family saying they were "utterly devastated".Ben Austin was in the nets with a helmet on before a Twenty20 game in...

Real, Super League seek over $4 bn in damages from UEFA

2025-10-31 00:00:00

MADRID, Oct 30 (AFP): Real Madrid and Super League promoters are seeking more than $4 billion in damages from UEFA, which they accuse of unfairly torpedoing the breakaway competition, a source told AFP on Thursday.A Spanish court Wednesday dismissed an...