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Major Gulf equities retreat on US-Iran caution

2026-02-18 00:00:00

Major stock markets in the Gulf slipped in early trade on Tuesday as investors were cautious ahead of US-Iran nuclear talks, while Iran conducted naval drills near the Strait of Hormuz, reports Reuters.Saudi Arabia's benchmark index dropped 0.9 per cent,...

Sena, Crystal Insurance slide on DSE despite higher profits

FE REPORT | 2026-02-18 00:00:00

Sena Insurance and Crystal Insurance experienced price erosion on the prime bourse on Tuesday despite reporting a year-on-year increase in profit for 2025.Army-run general insurer Sena Insurance reported a 20.51 per cent higher profit of Tk 206.8 million in 2025...

Stocks retreat after early rally on political uncertainty

FE REPORT | 2026-02-18 00:00:00

The market opened higher on Tuesday, but the gains did not last amid major political developments.The prime index surged more than 50 points within the first 30 minutes of trading until11:00am following the oath-taking of newly-elected members of parliament (MPs).Chief...

Power Grid to issue 1.32 billion more preference shares against govt funds

FE REPORT | 2026-02-18 00:00:00

The securities regulator has approved Power Grid Company's proposal to issue another 1.32 billion irredeemable and non-cumulative preference shares in favour of the power division secretary against share money deposits.The state-run electricity transmission and distribution service provider will issue the...

Premier Cement wins approval to issue preference shares

FE REPORT | 2026-02-18 00:00:00

The stock market regulator has finally allowed Premier Cement Mills to raise Tk 1.61 billion by issuing preference shares to high-net-worth individuals, including commercial banks.As per the regulatory approval, the cement manufacturer will issue 322 preference shares, fully redeemable and...

Lock-in on Asiatic Lab shares extended amid price manipulation concerns

MOHAMMAD MUFAZZAL | 2026-02-18 00:00:00

The securities regulator has extended the lock-in period by at least three years on the shares held by sponsors, directors, and placement holders of Asiatic Laboratories, citing their alleged intention to offload shares after inflating prices through the publication of...

A Bangladeshi dream lands in Antarctica

MD IMRAN | 2026-02-18 00:00:00

"I belong to a lower-middle-class family. To us, being educated, getting a secure job to earn a livelihood, and planning for retirement are the only safe options. I have never thought of travelling around the country, let alone the world....

How Gen Z is reclaiming the 'Golden Age' of social media

MALIHA TASNIM | 2026-02-18 00:00:00

If your feed feels a little more pink-hued and selfies are suddenly featuring flower crowns again, you have not traveled back in time. You have just hit the 2026 Reset. A decade after 2016, which shaped the internet with bottle...

Islami Bank to reward remittance clients with 20 motorcycles

2026-02-18 00:00:00

Islami Bank Bangladesh PLC will provide a motorcycle through digital raffle draw on every banking day (Sunday-Thursday) for sending cash remittance through Ria Money Transfer. Remittance recipients will also get key ring as common gift. This offer will continue from...

National Finance, Toyota Bangladesh sign MoU on auto loan

2026-02-18 00:00:00

National Finance PLC has recently signed a Memorandum of Understanding (MoU) with Toyota Bangladesh Limited (TBL), the 100 per cent subsidiary of Toyota Tsusho Asia Pacific and Toyota Tsusho Japan, to extend auto loan to the brand new Toyota vehicle...

India eyes $200b in data center investments

2026-02-18 00:00:00

NEW DELHI Feb 17 (AP): India is hoping to garner as much as $200 billion in investments for data centers over the next few years as it scales up its ambitions to become a hub for artificial intelligence, the country's...

BHBFC (amendment) Ordinance issued

2026-02-18 00:00:00

The government issued the Bangladesh House Building Finance Corporation (Amendment) Ordinance-2026 with the aim of enhancing dynamism in the management of the corporation and reforming its legal framework, reports BSS.A gazette notification in this regard has been published by the...

Gold price drops by Tk 2,216 per bhori in BD

2026-02-18 00:00:00

The price of gold in Bangladesh has been reduced by Tk 2,216 per bhori, with the new rate for 22-carat gold set at Tk 258,824 per bhori (11.664 grams), Bangladesh Jewellers Association (BAJUS) announced on Tuesday, reports UNB.In a morning...

BSIA, SICIP team up to build semiconductor workforce

FE REPORT | 2026-02-18 00:00:00

The Bangladesh Semiconductor Industry Association (BSIA) on Tuesday signed a contract with the Skills for Industry Competitiveness and Innovation Programme (SICIP) to implement a large-scale, industry-oriented semiconductor workforce development programme.Mohammed Walid Hossain, executive project director of SICIP, and M A...

Govt cuts VAT on LPG to stabilise price

2026-02-18 00:00:00

The government has reduced value Added Tax (VAT) on LPG in a move aimed at stabilising the market and keeping the essential fuel within consumers' purchasing power, reports UNB.In a press release issued on Monday night, the National Board of...

Export approval before Ramadan pushes up aromatic rice prices

YASIR WARDAD | 2026-02-18 00:00:00

The interim government's decision to allow exports of aromatic rice ahead of the holy month of Ramadan has triggered a price hike in the local market.The price of branded Kalijeera and Chinigura rice increased to Tk 170-180 per kg from...

Australia, Ireland out as Zimbabwe qualify after washout

2026-02-18 00:00:00

KANDY, Sri Lanka, Feb 17 (AFP): The 2021 champions Australia were knocked out of the T20 World Cup on Tuesday, with Zimbabwe qualifying for the Super Eights after their match against Ireland was washed out without a ball being bowled...

Canada's Samra becomes youngest-ever to score ton

2026-02-18 00:00:00

Canadian batter Yuvraj Samra created cricketing history on Tuesday as he became the youngest to score a century at the men's World Cup across the T20 and ODI formats. The 19-year-old Samra broke Paul Stirling's world record to achieve the...

Ex-captain Aminul named state minister for youth and sports

2026-02-18 00:00:00

Former Bangladesh national football team captain Aminul Haque has been appointed State Minister for Youth and Sports in the newly formed government led by the Bangladesh Nationalist Party (BNP), reports BSS.He received the portfolio as a technocrat.Widely regarded as one...

High prices of staple food items cause consumer hardship

OUR CORRESPONDENTS | 2026-02-18 00:00:00

Prices of essential food items have soared ahead of the Muslim fasting month of holy Ramadan in Sylhet, Rangpur, Lalmonirhat, and Gopalganj.Our correspondent from Sylhet notes, despite good yield and supply, the price of vegetables in the retail markets are...

India discusses age restrictions with social media platforms

2026-02-18 00:00:00

NEW DELHI, Feb 17 (AFP): India is discussing age-based restrictions with social media companies, following Australia's move to ban under-16s from popular platforms, IT minister Ashwini Vaishnaw said Tuesday.Australia in December enforced a ban that required TikTok, YouTube, Snapchat and...

Militants kill 11 Pak security personnel

2026-02-18 00:00:00

PESHAWAR, Feb 17 (Reuters): Militants rammed a vehicle filled with explosives into an army checkpoint in northwestern Pakistan, killing 11 security personnel and a child, the military said on Tuesday, as the South Asian nation battles a surge in violence.Women...

Bleak future for West Bank pupils as budget cuts bite

2026-02-18 00:00:00

NABLUS, Feb 17 (AFP): At an hour when Ahmad and Mohammed should have been in the classroom, the two brothers sat idle at home in the northern West Bank city of Nablus.The 10-year-old twins are part of a generation abruptly...

US, Iran hold nuclear talks

2026-02-18 00:00:00

GENEVA, Feb 17 (Reuters): Iran's supreme leader warned on Tuesday that US attempts to depose his government would fail, as Washington and Tehran began indirect talks in Geneva on their long-running nuclear dispute amid a US military buildup in the...

Kyiv must negotiate 'fast': Trump

2026-02-18 00:00:00

KYIV, Feb 17 (Reuters/AFP): Russian forces pounded Ukrainian power infrastructure before a new round of peace talks, killing three energy workers and leaving tens of thousands of people without power and heat, officials said on Tuesday.President Volodymyr Zelenskiy condemned the...

Overcoming cost hurdles for export growth

2026-02-18 00:00:00

The recent Agreement on Reciprocal Trade (ART) between the U.S. and Bangladesh is currently the most discussed topic regarding Bangladesh's profitability, since the pact carries many conditions that may affect actual returns through bilateral trade. Although more than seven thousand...

Need big change in governance

2026-02-18 00:00:00

The much-anticipated 13th parliamentary election, along with the referendum, has concluded peacefully without major violence and citizens exercised their voting rights enthusiastically. The nation now looks forward to a sound and inclusive system of governance, free from authoritarian practices across...

Job loss foreshadows deeper economic strain

Wasi Ahmed | 2026-02-18 00:00:00

For much of the past decade, Bangladesh has been celebrated as a development model-an economy that expanded rapidly while reducing poverty and improving social indicators. Yet, behind the glow of growth figures, a harsh reality has been unfolding. The latest...

Modernising trade tax regime

2026-02-18 00:00:00

Bangladesh's trade tax is high and its structure is complex. Though formal customs duties might appear lower, extensive use of para-tariffs (supplementary and regulatory duties) has made the tax structure overly complicated. That has resulted in a large number of...

Bangladesh begins a new journey

Hasnat Abdul Hye | 2026-02-18 00:00:00

For the people of Bangladesh the destination is the same now, as it was in 1947 and in 1971 e.g. freedom, democracy, inclusionary development and social harmony. The experience under Pakistan was one of disillusionment over the achievement of hopes...