The 46th annual general meeting (AGM) of Olympic Industries PLC was held on a digital platform on Thursday. Chairman of the company Aziz Mohammad Bhai presided over the meeting. The AGM approved a 30 per cent cash dividend for the...
Customer Awareness Week, Chattogram-2025, organised by the Financial Integrity and Customer Services Department of Bangladesh Bank in association with Bank Asia PLC, began in Cox's Bazar on Friday, aiming to raise awareness about banking services. Executive Director of Bangladesh Bank...
Pubali Bank PLC has inaugurated its 515th branch in Teknaf, Cox's Bazar, on Sunday with a view to providing modern banking service. Mohammad Ali, Managing Director & CEO of Pubali Bank, formally inaugurated the branch as the chief guest. Md....
BRAC Bank has relocated its Kishoreganj SME/Krishi Branch to a larger and more modern facility, offering customers greater convenience and enhanced banking amenities. Situated at Hossendi Trade Centre on Shahab Uddin Mosque Road in Kishoreganj, the new premises feature state-of-the-art...
OUR CORRESPONDENT | 2025-12-15 00:00:00
CHATTOGRAM, Dec 14: Secretary of the Ministry of Industries Mohammad Obaidur Rahman said the government is working to resolve the longstanding challenges faced by the shipbreaking industry through policy support and capacity-building initiatives.He made the remarks while inaugurating the office...
Mongolian non-resident Ambassador Ganbold Dambajav met leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in Dhaka on Sunday to explore opportunities for boosting bilateral trade, investment and broader economic cooperation between the two countries, reports BSS.The meeting was...
Local mobile phone brand Symphony Mobile has recently opened its 70th Customer Care Centre in Maijdee, Noakhali recently, says a press release. FM Abdul Hafiz, Senior Director of Symphony Mobile inaugurated the Customer Care Centre as the chief guest. Murad...
Labour and Employment Adviser Brig Gen (Retd) M Sakhawat Hussain said on Sunday the labour law enacted under the interim government is the best Bangladesh has ever had, compared to all previous labour laws in the country's history, reports UNB."Considering...
The Kick-off Conference of the Twinning Project titled "Strategic Partnership of the Office of the Comptroller and Auditor General (OCAG), Bangladesh and the Supreme Audit Institution Najwyzsza Izba Kontroli (NIK), Poland" was held at a city hotel recently, says a...
Mutual Trust Bank PLC (MTB) has recently disbursed loan to 55 tribal farmers at Modhupur, Tangail, a landmark initiative aimed at strengthening financial inclusion, promoting sustainable agriculture and enhancing socio-economic development of indigenous community. The farmers were given loan at...
Md Monzur Mofiz has been appointed as Additional Managing Director (AMD) of The Premier Bank PLC and has subsequently been entrusted with the responsibility of Managing Director (Current Charge), effective from December 14, says a press statement.A veteran banker with...
FE REPORT | 2025-12-15 00:00:00
Bangladesh remains largely absent from global and regional discussions on capital markets and investment, former Bangladesh Bank governor Dr Mohammed Farashuddin said on Saturday.He noted that stock markets in cities such as Karachi, Lahore, Mumbai, Bangkok and Colombo -- and...
FE REPORT | 2025-12-15 00:00:00
The wobbling equity market has experienced heightened volatility over the past three weeks, driven primarily by significant price erosion among market leaders, including Grameenphone. A combination of factors, including a decline in foreign portfolio investments, concerns over the viability of...
FE REPORT | 2025-12-15 00:00:00
First Security Islami Bank has shocked its stakeholders by revealing a staggering loss of Tk 575.8 billion for the first nine months of 2025, significantly increasing the losses previously reported for the same period. This revision follows a directive from...
SolGold said on Friday it was "minded to recommend" an improved offer from its top shareholder, Jiangxi Copper that values the gold and copper miner at about 842 million pounds ($1.13 billion), amid a global race for copper assets, reports...
US soft drinks company Coca-Cola's proposed sale of Costa Coffee is at risk of collapsing, with the company holding last-ditch talks this weekend with private equity firm TDR Capital in an effort to salvage the deal, the Financial Times reported...
BRUSSELS, Dec 14 (Reuters): Imports of aluminium, cement and other commodities into the European Union could face higher costs than previously expected for CO2 emissions next year under draft EU plans to tighten its carbon border levy.From January, the EU's...
Iran raised the price of its subsidized gasoline for most users on Saturday, a government spokesperson said, as the OPEC member seeks to control rising fuel demand without triggering public anger, reports Reuters.The increase in Iran's gasoline price, which is...
The eight-day 12th National SME Product Fair, organised by the SME Foundation, concluded at the Bangladesh-China Friendship Conference Centre in Dhaka's Sher-e-Bangla Nagar on Sunday. — FE Photo
The Trump administration is not expected to finalise 2026 biofuel-blending quotas before the end of this year, according to three sources familiar with the situation, extending uncertainty over a policy closely watched by the rival oil and agricultural sectors, reports...
The US Air Force said on Friday the delivery of the first of two new Air Force One jets from Boeing has been delayed by another year to mid-2028, the latest in a series of delays, reports Reuters.The latest delay...
FE REPORT | 2025-12-15 00:00:00
Ukraine has proposed supplying 1.0 million tonnes of milling wheat to Bangladesh under a government-to-government (G2G) arrangement, even as Kyiv has raised serious objections to wheat imports by Dhaka from its territories under Russian occupation, sources said.They said Dhaka is...
National Bank PLC concluded a daylong training workshop on the implementation of ECL-based loan classification and provisioning under IFRS-9 on Saturday. The programme was organised by the National Bank Training Institute (NBTI) as part of the bank's ongoing efforts to...
United Commercial Bank PLC (UCB) arranged townhalls across 16 regions of the country. This month, the bank crossed a milestone of over BDT 110 billion (11,000 crore) in net deposit growth and added more than 650,000 new accounts- the highest...
Eastern Bank PLC (EBL) has signed a payroll banking agreement with LZ Group, one of Bangladesh's leading and rapidly expanding industrial conglomerates with a strong presence in the apparel and textile sector. Nurul Haque, Chief Executive Officer of LZ Group,...
NCC Bank has recently signed an agreement with ichiiba Limited to ensure that entrepreneurs in the country's Cottage, Micro, Small, and Medium Enterprise (CMSME) sector receive bank loans quickly and more easily.Through this partnership, entrepreneurs in the CMSME sector within...
Customers have taken collateral-free digital loans more than 12.7 million times from the City Bank through the bKash app.This milestone was achieved by disbursing over Tk 50 billion within just three years of launching the service. So far, more than...
FE REPORT | 2025-12-15 00:00:00
Bangladesh is set to buy its second liquefied natural gas (LNG) cargo from the spot market for 2026, with delivery scheduled for the second week of January.State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has sought price quotes from its listed...
FE REPORT | 2025-12-15 00:00:00
The Bangladesh Private Cable System (BPCS) Consortium has signed an agreement with Nokia for the supply of Submarine Line Terminal Equipment (SLTE), marking a significant step forward for the Cox's Bazar-Singapore submarine cable project.The agreement was signed on Sunday evening...
It is understandable that in the vibrant debate about the state of the Bangladesh economy, a lot of focus is given to our demographic dividend in terms of youthful population. But another demographic change is occurring quietly and in tandem;...
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