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Trump's funding cuts put America's consumer watchdog on the brink of collapse

2026-01-01 00:00:00

WASHINGTON, Dec 30 (Reuters): When Bianca Jones, a 33-year-old special education teacher in Memphis, Tennessee, decided a couple of years ago that she wanted to buy a house, she started digging into her Experian credit report. She was shocked by...

PRIME BANK, FAIR FACE HOLDINGS PARTNER TO OFFER DISCOUNTS ON FLAT PURCHASE

2026-01-01 00:00:00

Prime Bank has entered into a strategic partnership with Fair Face Holdings Limited, one of Bangladesh's most reputed real estate developers, to offer exclusive discounts on flat purchases for its valued customers. A formal signing ceremony marking this collaboration was...

SOUTHEAST BANK OPENS ITS GOURIPUR BRANCH

2026-01-01 00:00:00

Southeast Bank has inaugurated its Gouripur branch as its 137th branch at Jinnot Ali Complex, Homna Road, Gouripur Bazar, Daudkandi, Cumilla. Md. Sekander-E-Azam, deputy managing director of Southeast Bank, formally inaugurated the branch. Mohammad Ashikuzzaman Khan, head of SME and...

Jafar Sadeq promoted to DMD of Shahjalal Islami Bank

2026-01-01 00:00:00

Md. Jafar Sadeq has been promoted to the position of deputy managing director of Shahjalal Islami Bank. Prior to the promotion, he served as senior executive vice president and chief financial officer (CFO) of the bank, with additional leadership responsibilities...

Nazmul Huda Sarkar promoted to DMD, Midland Bank

2026-01-01 00:00:00

Midland Bank has promoted Md. Nazmul Huda Sarkar to the position of deputy managing director (DMD), effective from today (Thursday).Prior to this promotion, he served as senior executive vice president & chief technology officer (CTO) of the bank, according to...

Market likely to rebound in 2026 with clouds clearing over politics, economy

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

Bangladesh's capital market is expected to see a year of resurgence in 2026 from its current rock-bottom level, aided by political stability and macroeconomic recovery following the parliamentary election scheduled for February 12.The year 2025 proved challenging for the country's...

NEWS IN BRIEF__2026-01-01

2026-01-01 00:00:00

Queen Camilla describes being assaulted by man as a teenagerLONDON, Dec 31: Britain's Queen Camilla has described for the first time fighting off an attack by a man on a train when she was a teenager, speaking in an interview...

Taiwan stays on high alert as Chinese ships pull back after massive drills

2026-01-01 00:00:00

TAIPEI/BEIJING, Dec 31 (Reuters): Taiwan remained on high alert on Wednesday after China staged massive military drills around the island the previous day, keeping its emergency maritime response centre running as it monitored Chinese naval manoeuvres, the coast guard said.The...

US judge blocks Trump plans to end deportation protections for S Sudanese migrants

2026-01-01 00:00:00

BOSTON, Dec 31 (Arab News): A federal judge blocked plans by US President Donald Trump's administration on Tuesday to end temporary protections from deportation that had been granted to hundreds of South Sudanese nationals living in the United States.US District...

UN slams ‘outrageous’ Israel suspension of aid groups in Gaza

2026-01-01 00:00:00

GENEVA, Dec 31 (AFP): The United Nations rights chief described Wednesday Israel's threat to suspend dozens of aid groups from operating in Gaza from January as "outrageous", calling on states to urgently insist Israel shift course."Israel's suspension of numerous aid...

Global ‘fragmentation’ fuelling world’s crises: UN refugee chief

2026-01-01 00:00:00

GENEVA, Dec 31 (AFP): The outgoing United Nations refugee chief fears an increasingly fragmented world is fuelling global conflicts and crises, and inflaming hostility towards people desperately fleeing for safety.Reflecting on his decade at the helm of the UNHCR, Filippo...

Russia's Gerasimov says Putin ordered Ukraine buffer zone expansion in 2026

2026-01-01 00:00:00

Kyiv, Dec 31 (Agencies): Russian drones targeted apartment buildings and energy infrastructure in southern Ukraine's Odesa overnight, injuring six people, including a toddler and two other children, officials said Wednesday.Oleh Kiper, head of the regional military administration, said four apartment...

Shortage of research fund at varsities

2026-01-01 00:00:00

There is no alternative to research for ensuring the overall development of a country. Due to limited allocation in the research sector at universities in Bangladesh, it has become difficult to conduct quality research. In public universities and research-oriented institutions,...

Communicable disease crisis in Rohingya camps

2026-01-01 00:00:00

The Rohingya refugee crisis, now in its eighth year, continues to present severe humanitarian and public health challenges for Bangladesh. This is most evident in Ukhia of Cox's Bazar, where nearly one million Rohingya refugees live in some of the...

Restoring investor confidence biggest challenge ahead

Atiqul Kabir Tuhin | 2026-01-01 00:00:00

As a new year dawns, an economic post-mortem of the bygone year reflects a story of resilience, reform and recalibration. While public expectations were sky-high at the outset of the interim government, the economy failed to stage a decisive turnaround...

Developing a multimodal communications system

2026-01-01 00:00:00

A baseline study carried out recently finds that Tk 3.0 trillion was spent on railways, roads and bridges to develop the country's communications system in the past 15 years without achieving the desired results. According to a report published in...

Small traders deserve a simpler tax system

Masud Khan | 2026-01-01 00:00:00

Bangladesh’s tax-to-GDP ratio has stayed low for years, which limits the country’s ability to invest in roads, healthcare, schools, and other public services. While most discussions focus on big corporations and wealthy individuals, the majority of tax avoiders are actually...

Macroeconomic management matters

N N Tarun Chakravorty | 2026-01-01 00:00:00

The danger of macroeconomic mismanagement was aptly highlighted by Paul Krugman (1994) and William Easterly (2001), who cautioned that inefficient resource allocation can undermine the gains from openness and investment, leading to economic stagnation even amid high levels of public...

Those we lost in 2025

2025-12-31 00:00:00

Bangladesh in 2025

2025-12-31 00:00:00

Colombia hikes 2026 minimum wage up nearly 23 per cent

2025-12-31 00:00:00

BOGOTA, Dec 29 (Reuters): Colombia's government will raise the country's minimum wage to 1.75 million pesos per month ($470), President Gustavo Petro said on Monday, a 22.7 per cent increase.The new minimum wage, which applies to around 2.5 million workers...

2025: A year of market stagnation and regulatory moves

2025-12-31 00:00:00

After the political changeover in August 2024, Bangladesh entered a historic transition under an interim government led by Prof Muhammad Yunus. Expectations were high that the government’s economic reform measures would give a boost to the market. However, those hopes...

BANK ASIA LAUNCHES 10 ISLAMIC BANKING WINDOWS

2025-12-31 00:00:00

Bank Asia has inaugurated ten Islamic banking windows across the country on the occasion of the 17th anniversary of its Islamic banking services. The inauguration ceremony was held at Bank Asia Tower, Karwan Bazar, Dhaka. The bank's Deputy Managing Director...

MTB FOUNDATION CELEBRATES 26TH ANNIVERSARY BY DISTRIBUTING BICYCLES

2025-12-31 00:00:00

To celebrate the bank's 26th anniversary, MTB Foundation distributed bicycles to the underprivileged female meritorious students in Chattogram region under its 'Swapno Sarathi' (The Dream Chariot) programme. The campaign aims to enable female students to overcome geographical barriers by facilitating...

APEX TANNERY HoLDs 49TH ANNUAL GENERAL MEETING

2025-12-31 00:00:00

The 49th annual general meeting (AGM) of Apex Tannery Limited was held through hybrid platform on Tuesday. Company Chairman Syed Nasim Manzur presided over the meeting. Directors Md. Hedayetullah and Niranjan Chandra Debnath, FCMA; independent director Fouzia Haque, FCA; Executive...

NRBs urged to shift from remittance to investment

FE REPORT | 2025-12-31 00:00:00

Foreign Affairs Adviser Mohammad Touhid Hossain has urged non-resident Bangladeshis (NRBs) to move beyond their traditional role as remittance senders and play a more direct part in investment, employment generation and skills development.This shift is essential for Bangladesh's long-term economic...

Sammilito Islami Bank to decide fate of subsidiaries after merger

MOHAMMAD MUFAZZAL | 2025-12-31 00:00:00

Sammilito Islami Bank, which emerged from the merger of five Islamic banks, will decide whether to close the banks' subsidiaries or keep their businesses running, according to the central bank.The decision will be based on a feasibility study, sources at...

Weather (2025-12-31)

2025-12-31 00:00:00

Light rain/drizzle is likely to occur in the next 24 hours from 06:00 am today (Wednesday). Moderate to thick fog may occur at many places. Temperature may remain nearly unchanged. The highest temperature on Tuesday was recorded at 26.4 degrees...

46th BCS viva exam deferred

2025-12-31 00:00:00

The Public Service Commission (PSC) announced that the 46th Bangladesh Civil Service (BCS) oral examinations scheduled for Wednesday and Thursday have been postponed, reports bdnews24.com. A revised date for the exams will be announced later.

One more dengue patient dies

2025-12-31 00:00:00

Health officials from the Directorate General of Health Services (DGHS) have reported 120 new cases of dengue, with one death recorded in the past 24 hours until Tuesday morning, reports BSS."Of the 120 fresh cases, 12 were hospitalized in Barishal...