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JANATA BANK SIGNS MOU WITH DHAKA NORTH CITY CORPORATION

2026-01-28 00:00:00

Janata Bank PLC has signed a Memorandum of Understanding (MoU) with Dhaka North City Corporation (DNCC) for the collection of various fees and charges, as well as for the processing of DNCC employees' salaries and allowances. The agreement was signed...

Al-Arafah Islami Bank's CBS upgradation to cause temporary service inconvenience

2026-01-28 00:00:00

To enhance technological capacity and ensure more secure and uninterrupted banking services, Al-Arafah Islami Bank PLC has undertaken a modernisation of its Core Banking System (CBS).In accordance with approval from Bangladesh Bank, Al-Arafah Islami Bank PLC has taken this special...

Community Bank launches two special deposit products

2026-01-28 00:00:00

Community Bank Bangladesh PLC has introduced two charge-free special deposit products -- "Community Probash Shonchoy" and "Community Probash Priojon" -- designed for Non-Resident Bangladeshis (NRBs) and families dependent on expatriate income. The launch was announced at the bank's Annual Business...

Chinese company to set up factory in BEPZA Economic Zone

2026-01-28 00:00:00

Huaju Accessories Co. Ltd., a Chinese company, has signed a land lease agreement with Bangladesh Export Processing Zones Authority (BEPZA) to establish an accessories manufacturing industry at BEPZA Economic Zone (BEPZA EZ), Mirsharai, Chattogram.The agreement, involving a proposed investment of...

Eastern Lubricants posts Q2 profit despite operating loss

FE REPORT | 2026-01-28 00:00:00

Eastern Lubricants Blenders' direct expenses (cost of production) exceeded its total revenue in the second quarter of FY26, mainly due to lower sales and higher production costs.The state-run entity's revenue stood at around Tk 88 million in the October-December quarter...

Padma Oil's profit up over 13pc, driven by non-operating income

FE REPORT | 2026-01-28 00:00:00

The state-run Padma Oil experienced 13.6 per cent year-on-year growth in profit to Tk 1.42 billion in October-December (Q2) FY26, mainly supported by non-operating income derived from FDRs (fixed deposit receipts).Its non-operating income was Tk 1.48 billion in the quarter...

Pubali Bank slashes NPLs to 2.05pc, shifts focus to AI-driven digital banking

JUBAIR HASAN | 2026-01-28 00:00:00

Making remarkable progress in controlling non-performing loans (NPLs), Pubali Bank PLC is now intensifying its efforts to establish supremacy in digital banking operations in the coming days.Keeping in mind the latest changes in the classified-loan-counting method-which pushed up NPL pressure...

Apex Footwear's Q2 profit jumps 67pc amid sales growth

FE REPORT | 2026-01-28 00:00:00

Apex Footwear generated 67 per cent higher profit to Tk 53.5 million in October-December (the second quarter of FY26) last year, supported by higher sales and lower finance costs compared to the corresponding period of the previous year.The listed home-grown...

Gold rises as investors seek safety amid US policy jitters

2026-01-28 00:00:00

Gold climbed on Tuesday, hovering just shy of the $5,100-per-ounce mark breached for the first time in the previous session, as uncertainty around U.S. President Donald Trump's policymaking prompted investors to seek safety in bullion, reports Reuters. Spot gold rose...

EU proposes suspending a duty-free sugar import scheme

2026-01-28 00:00:00

PARIS, Jan 27 (Reuters): The European Commission proposed suspending a scheme allowing some duty-free sugar imports into the bloc, aiming to ease pressure on European producers facing falling prices and increased competition. "I will propose a temporary suspension of the...

Oil holds steady as US storm disruption offset by Kazakhstan restart

2026-01-28 00:00:00

LONDON, Jan 27 (Reuters): Oil prices were little changed on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast, with price rises offset by a resumption in supply from Kazakhstan.Brent crude futures...

Alfamart launches operations in BD

FE REPORT | 2026-01-28 00:00:00

Alfamart Trading Bangladesh Ltd (ATBL) launched its business operations in the city on Tuesday to offer customers convenient and hassle-free shopping.ATBL is a joint collaboration of Alfa Group (Indonesia), Mitsubishi Corporation (Japan), and Kazi Farms Limited.ATBL opened its first Alfamart...

Textile millers seek BB intervention for recovery

JASIM UDDIN | 2026-01-28 00:00:00

Textile millers have sought the Bangladesh Bank's urgent intervention to recover $8.71 million in outstanding payments tied to more than 150 accepted and matured bills that have remained unpaid for an extended period.According to central bank officials, the Bangladesh Textile...

EBL recognises five organisations

FE REPORT | 2026-01-28 00:00:00

Five organisations were recognised for innovative and scalable climate solutions at the EBL Climate Change Action Awards 2026 held at a city hotel on Monday.The event brought together policymakers, diplomats, business leaders and development partners, underscoring the growing role of...

Trust Bank launches Visa Signature Plus

2026-01-28 00:00:00

Trust Bank PLC has officially launched its premium credit card Visa Signature Plus recently, marking another milestone in the bank's continuous efforts to enhance its card portfolio and customer experience.The new credit card was unveiled by the Chairman of Trust...

Brac Bank improves lives of 0.17m through CSR in 2025

2026-01-28 00:00:00

BRAC Bank has improved the lives of more than 0.17 million people across Bangladesh in 2025 through its corporate social responsibility (CSR) initiatives, according to a press release.The initiatives strengthened communities, contributing from women's education and disability inclusion to climate...

Alcaraz rolls into maiden Melbourne semi-final and date with Zverev

2026-01-28 00:00:00

MELBOURNE, Jan 27 (AFP): Carlos Alcaraz swept into the Australian Open semi-finals for the first time on Tuesday and a clash with Alexander Zverev to take a step closer to tennis history.The Spanish world number one silenced a partisan Melbourne...

Pakistan get easy victory against NZ

2026-01-28 00:00:00

Pakistan Under-19 seamers Ali Raza and Abdul Subhan shared seven wickets as they allowed New Zealand only 110 in the ODI tournament, leading the South Asian nation to cruise to an easy win in a run chase powered by the...

Qualifying tournament to begin on Saturday

2026-01-28 00:00:00

The qualifying tournament of the Spectrum Bangladesh National Cup Chess will begin from Saturday (Jan 31) at the Bangladesh Chess Federation hall room, reports BSS.The qualifying tournament is open to all participants, organised by the Bangladesh Chess Federation under the...

Former-FIFA boss Blatter suggests fans should not travel to US for World Cup

2026-01-28 00:00:00

PARIS, Jan 27 (AFP): Former FIFA president Sepp Blatter on Monday suggested he supports fans boycotting World Cup matches in the United States this year due to security concerns.Blatter gave his support to comments from anti-corruption lawyer Mark Pieth, who...

India, England team up to boost mixed disability cricket

2026-01-28 00:00:00

NEW DELHI, Jan 27 (AFP): India and England cricket boards are swinging behind a push to popularise mixed disability cricket, launching a five-match T20 series this week in a bid to take the format global.The England and Wales Cricket Board...

'Cricket must be ruled by principles, not influence'

2026-01-28 00:00:00

Pakistani batting legend Mohammad Yousuf has issued a scathing critique of the International Cricket Council (ICC), accusing the global body of compromising the sport's integrity by ignoring Bangladesh's "legitimate security concerns" regarding the T20 World Cup in India.Yousuf's comments come...

Bangladesh sought neutral venue, not withdrawal from ICC tournament

2026-01-28 00:00:00

The government has not ruled out playing in T20 World Cup but asked for alternative venues to ensure the safety of players and spectators, said Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan on Tuesday, reports UNB."The government...

ICC reworks process after mass rejection to cover T20 WC in India

2026-01-28 00:00:00

The International Cricket Council (ICC) is reworking the media accreditation process for Bangladeshi journalists after the global body denied accreditation to all Bangladeshi journalists for the upcoming T20 World Cup in India, report agencies. This follows Bangladesh's decision to withdraw...

Health threat of global plastics projected to soar

2026-01-28 00:00:00

PARIS, Jan 27 (AFP): The threat posed by plastic production, usage and disposal to human health will skyrocket in the coming years unless the world does something to address this global crisis, researchers warned Tuesday.A British-French team of researchers attempted...

French MPs pass bill banning social media for under-15s

2026-01-28 00:00:00

PARIS, Jan 27 (AFP): French lawmakers have passed a bill that would ban social media use by under-15s, a move championed by President Emmanuel Macron as a way to protect children from excessive screen time.The lower National Assembly adopted the...

School stuffs enter Gaza after being blocked for 2 years, UN agency says

2026-01-28 00:00:00

GENEVA, Jan 27 (Reuters): The U.N. children's agency said on Tuesday it had for the first time in two-and-a-half years been able to deliver school kits with learning materials into Gaza after they were previously blocked by Israeli authorities.Thousands of...

They want to defuse crisis over deportation drive

2026-01-28 00:00:00

MINNEAPOLIS, Jan 27 (Reuters): President Donald Trump and Minnesota Governor Tim Walz struck a conciliatory note after a private phone call on Monday, in a sign the two sides want to defuse a crisis over the Trump-ordered deportation drive that...

'AI mirrors' changing the way blind people see themselves

2026-01-28 00:00:00

NEW YORK, Jan 27 (BBC): Artificial intelligence is helping blind people access visual feedback about their bodies, sometimes for the first time - but the emotional and psychological consequences are only just starting to emerge.I am completely blind and always...

N Korea fires ballistic missiles into sea

2026-01-28 00:00:00

SEOUL, Jan 27 (Reuters): North Korea fired multiple ballistic missiles towards the sea on Tuesday that were likely short-range projectiles, South Korea and Japan said, as Washington and Seoul hold talks on transforming their defence posture against Pyongyang.South Korea's Joint...