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Vietnam and the EU upgrade ties as US tariffs reshape global trade

2026-01-30 00:00:00

HANOI, Vietnam, Jan 29 (AP): Vietnam and the European Union on Thursday upgraded ties to a comprehensive strategic partnership, Vietnam's highest diplomatic level, as both recalibrate trade amid disruptions to global finance driven by U.S. tariff pressure.The upgrade places the...

UK, China pledge cooperation on trade, investment

2026-01-30 00:00:00

BEIJING, Jan 29 (Reuters): Britain and China hailed a reset in relations on Thursday, after Prime Minister Keir Starmer and President Xi Jinping pledged greater cooperation on trade, investment and technology to the mutual benefit of both countries.With Western leaders...

CIU launches Confucius Chinese Language Site

OUR CORRESPONDENT | 2026-01-30 00:00:00

CHITTOGRAM, Jan 29:Chittagong Independent University (CIU) launched Confucius Chinese Language Site at the campus today Thursday. North South University Vice Chancellor Prof. Dr. Abdul Hannan Chowdhury inaugurated the Confucius Chinese Language Site as chief guest. He officially announced the inauguration...

Midland Bank signs MoU with Rose View Hotel

2026-01-30 00:00:00

Midland Bank PLC has signed a Memorandum of Understanding (MoU) with Rose View Hotel, a five-star establishment located in Sylhet. The MoU signing ceremony was held at the bank's head office in Gulshan-2, Dhaka, on Thursday. Md. Nazmul Huda Sarkar,...

NRBC Bank concludes foundation training course

2026-01-30 00:00:00

NRBC Bank has successfully concluded a 15-day foundation training course for its officials. The closing ceremony organised by the Human Resource Training and Development Centre (HRTDC) was held at the bank's head office on Thursday. Md. Ali Hossain Prodhania, Chairman...

Customs complete largest auction in Chattogram

2026-01-30 00:00:00

The Custom House, Chattogram has completed the largest auction in its history by selling around 2,800 tonnes of un-cleared goods through an electronic auction.According to a press release issued by the National Board of Revenue (NBR) on Thursday, the auction...

Accurate survey reports key to reducing investment risk

2026-01-30 00:00:00

Chairman of the Audit Committee of Islami Bank Bangladesh PLC Md. Abdus Salam said accurate and objective survey reports would help reduce investment risk and ensure good governance in the banking sector."Islami Bank is always committed to maintaining the security...

3 RMG factories get LEED certification

FE REPORT | 2026-01-30 00:00:00

Three more local garment factories have received LEED (Leadership in Energy and Environmental Design) certification from the US Green Building Council (USGBC), with one achieving the highest score globally, taking Bangladesh's total to 273 LEED-certified factories.HAMS Garments Ltd, located in...

BARC, PKSF to work together for inclusive agricultural growth

FE REPORT | 2026-01-30 00:00:00

Palli Karma-Sahayak Foundation (PKSF) and the Bangladesh Agricultural Research Council (BARC) will work jointly to strengthen links between agricultural research and extension to achieve inclusive growth.Although agriculture is a key pillar of food security and employment, it contributes only about...

BTMA suspends factory shutdown programme

FE REPORT | 2026-01-30 00:00:00

The Bangladesh Textile Mills Association (BTMA) has suspended its programme to shut down factories following government assurances to resolve the ongoing crisis in the spinning sector. In a statement issued on Thursday, the primary textile millers' trade body announced the...

Norway wealth fund earned $247b in 2025 driven by tech, financial stocks

2026-01-30 00:00:00

OSLO, Jan 29 (Reuters): Norway's sovereign wealth fund, the world's largest, on Thursday reported a 2025 profit of 2.36 trillion crowns ($247 billion), driven by a rise in tech, financial and basic materials stocks, falling just short of its 2024...

Global shares gain on earnings optimism, gold surges ahead

2026-01-30 00:00:00

LONDON/SYDNEY, Jan 29 (Reuters): World stocks gained on Thursday as investors' optimism over earnings held up ahead of Apple's results, while gold blazed to its latest record high and oil prices rose on US-Iran tensions.The Euro STOXX 600 gained 0.5...

RUPALI BANK'S SENIOR MANAGEMENT TEAM MEETING HELD

2026-01-30 00:00:00

The 30th meeting of the Senior Management Team (SMT) of Rupali Bank PLC was held at the bank's head office in Dhaka on Wednesday. SMT Chairman and Managing Director of the bank Kazi Md Wahidul Islam presided over the meeting....

JANATA BANK'S ASSET-LIABILITY MANAGEMENT COMMITTEE MEETING HELD

2026-01-30 00:00:00

A meeting of the Asset-Liability Management Committee (ALCO) of Janata Bank PLC was held at the bank's head office on Wednesday, with Managing Director of the bank Mazibur Rahman in the chair. The meeting was attended by Deputy Managing Directors...

Major Gulf markets in red on Iran jitters

2026-01-30 00:00:00

Major stock markets in the Gulf fell in early trade on Thursday, as concerns grew that the US could launch military action against Iran, raising fears that the Gulf nations would be the first targets for Iranian retaliation, reports Reuters.The...

Meta shares rise 7pc

2026-01-30 00:00:00

Meta shares rose almost 7 per cent in early Frankfurt trading on Thursday, after several brokers raised their target prices following results in which the Instagram owner forecast first-quarter revenue above Wall Street expectations, reports Reuters.Meta on Wednesday boosted its...

Tesla shares up 1.8pc in Frankfurt day after results

2026-01-30 00:00:00

LONDON, Jan 29 (Reuters): Tesla shares rose 1.8 per cent in Frankfurt on Thursday, a day after the company said it will invest $2 billion in CEO Elon Musk's artificial-intelligence company xAI and that production plans for its Cybercab robotaxi...

BRAC BANK PROMOTES SME DIGITAL LOAN 'SHAFOLLO'

2026-01-30 00:00:00

BRAC Bank recently organised a conference on its SME digital loan 'Shafollo' in Gazipur to showcase the country's first SME digital loan programme. The engagement brought together more than 200 small and medium business owners. Speaking at the event BRAC...

SOUTHEAST BANK CREDIT ADMINISTRATION ACHIEVES AUTOMATION

2026-01-30 00:00:00

The credit administration division (CAD) of Southeast Bank hosted an event on Wednesday to mark the successful completion of its full centralisation and automation of documentation. This strategic engagement significantly improves operational efficiency and strengthens sustainable and environmentally responsible banking...

Jamuna Bank holds training on ECL implementation under IFRS-9

2026-01-30 00:00:00

Jamuna Bank PLC has recently organised training on the implementation of Expected Credit Loss (ECL) under IFRS-9 at the bank's Training Academy in Reliance Building, Gulshan-1, Dhaka.The training session was inaugurated by Managing Director & Chief Executive Officer of Jamuna...

Younus elected chairman of Shahjalal Islami Bank

2026-01-30 00:00:00

Mohammed Younus has been unanimously elected as chairman of the board of directors of Shahjalal Islami Bank in its 404th board meeting held on Wednesday.Mohiuddin Ahmed re-elected and Fakir Akhtaruzzaman elected as vice-chairmen respectively of the board of directors of...

Square Pharma's Q2 profit rises on higher sales, subsidiary income

FE REPORT | 2026-01-30 00:00:00

Square Pharmaceuticals posted double-digit year-on-year profit growth to Tk 7.27 billion in the second quarter of FY26, fueled by higher sales and substantial income from subsidiaries.The 10 per cent year-on-year growth in earnings in the October-December quarter of FY26 pushed...

Policy shift boosts Submarine Cables' Q2 profit

FE REPORT | 2026-01-30 00:00:00

Bangladesh Submarine Cables recorded a remarkable 80 per cent rise in profit to Tk 780.85 million in the second quarter of FY26, as revenue surged by more than 30 per cent compared with the same quarter a year earlier.According to...

Expansion, diversification drive Olympic Industries' record Q2 profit

FE REPORT | 2026-01-30 00:00:00

Olympic Industries secured the highest quarterly profit of Tk 625 million in the second quarter of FY26, driven by higher sales amid capacity expansion and product portfolio diversification.The branded biscuit manufacturer sustained its growth momentum, supported by newly introduced chocolate...

Gold price hits fresh record

2026-01-30 00:00:00

Gold prices in Bangladesh soared to a new all-time high on Thursday as the rate of 22-carat gold crossed Tk 286,000 per bhori following a sharp hike by the Bangladesh Jewellers Association (BAJUS).In a notice issued in the morning, BAJUS...

Jamaat pledges biz protection, end to red tape and extortion

FE REPORT | 2026-01-30 00:00:00

Bangladesh Jamaat-e-Islami has pledged to protect businesses and eliminate bureaucratic red tape and extortion if it comes to power, party Ameer Dr Shafiqur Rahman said at a dialogue with business leaders held ahead of the national election.The dialogue, titled "Strategic...

ICT arrest warrants against Hasina, 5 others

2026-01-30 00:00:00

The International Crimes Tribunal-1 on Thursday issued warrants for the arrest of six people, including former Prime Minister Sheikh Hasina and former Home Minister Asaduzzaman Khan, in a case filed over 'Jahaj Bari' killings in the capital's Kalyanpur area.The three-member...

BB buys $55m to steady Taka

FE REPORT | 2026-01-30 00:00:00

Bangladesh Bank (BB) continued its dollar purchases on Thursday, buying $55 million from five banks through an auction on the interbank spot market, as part of its efforts to stabilise the exchange rate of the US dollar against the taka.The...

Bangladesh Football Federation welcomes members of the Bangladesh Women's National Futsal Team

2026-01-30 00:00:00

Bangladesh Football Federation welcomes members of the Bangladesh Women's National Futsal Team with floral greetings at Hazrat Shahjalal International Airport in the capital on Thursday after they finish their campaign as champions in the inaugural SAFF Women's Futsal Championship in...

Eastland gets 'IDRA Insurance Excellence Award-2025'

2026-01-30 00:00:00

Eastland Insurance PLC. has been awarded the prestigious- 'IDRA Insurance Excellence Award 2025' in the non-life insurance category, introduced for the first time in Bangladesh by the Insurance Development & Regulatory Authority (IDRA).Special Assistant of Finance Adviser Anisuzzaman Chowdhury handed...