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9 more cos relegated to Z category

2026-01-05 00:00:00

FE REPORTNine more companies were downgraded to the Z category on the Dhaka bourse with effect from Sunday, as they failed to hold annual general meetings (AGMs) within the stipulated timeframe.Among the firms, Alif Industries, Best Holdings, Gemini Sea Food,...

Al-Arafah Islami Bank continues blanket distribution

2026-01-05 00:00:00

Al-Arafah Islami Bank continues blanket distribution Al-Arafah Islami Bank PLC has been distributing blankets nationwide among cold-affected people under its CSR programme. Managing Director and CEO Mohd. Rafat Ullah Khan handed out blankets on Sunday. Deputy Managing Directors Md. Abdullah...

UTTARA BANK OPENS 'HAJIGANJ SUB-BRANCH' IN CHANDPUR

2026-01-05 00:00:00

UTTARA BANK OPENS 'HAJIGANJ SUB-BRANCH' IN CHANDPUR Khandaker Ali Samnoon, Deputy Managing Director of Uttara Bank PLC, inaugurated the 49th Sub-branch of the bank, named 'Hajiganj Sub-Branch' at Hajiganj Bazar Road in Chandpur on Sunday. Md Rabiul Hasan, General Manager...

SOUTH ASIA INSURANCE HOLDS PRAYER SESSION FOR KHALEDA ZIA

2026-01-05 00:00:00

SOUTH ASIA INSURANCE HOLDS PRAYER SESSION FOR KHALEDA ZIA South Asia Insurance Company Limited held a prayer session and discussion at its head office on Sunday to pray for eternal peace of the departed soul of three-time former prime minister...

ICB HOLDS PRAYER SESSION FOR KHALEDA ZIA

2026-01-05 00:00:00

ICB HOLDS PRAYER SESSION FOR KHALEDA ZIAInvestment Corporation of Bangladesh (ICB) held a special prayer and doa session at its head office on Sunday, seeking eternal peace of the departed soul of former prime minister and BNP chairperson Begum Khaleda...

SONALI BANK HOLDS DOA MAHFIL FOR KHALEDA ZIA

2026-01-05 00:00:00

SONALI BANK HOLDS DOA MAHFIL FOR KHALEDA ZIASonali Bank PLC arranged a Doa mahfil to pray for the eternal peace of the departed soul of former prime minister and BNP chairperson Begum Khaleda Zia. Chairman of Sonali Bank Mohammad Muslim...

BMBA elects new committee

2026-01-05 00:00:00

Iftekhar Alam has been elected president of Bangladesh Merchant Bankers Association (BMBA) and Sumit Podder its secretary general for the term 2026-27. Iftekhar Alam is the Chief Executive Officer (CEO) at LankaBangla Investments Ltd. while Sumit Podder serves as the...

Naim, Rossington take Chattogram to another big win

2026-01-05 00:00:00

FE DESKChattogram Royals openers Mohammad Naim Sheikh and Adam Rossington once again took their team to a dominating victory in the Bangladesh Premier League (BPL), this time against Sylhet Titans at the Sylhet International Cricket Stadium in Sylhet on Sunday.After...

Mustafiz's IPL axe draws criticism from ex-India cricketers, minister

2026-01-05 00:00:00

The decision to drop Bangladesh fast bowler Mustafizur Rahman from the 2026 Indian Premier League (IPL) has drawn sharp criticism from India's 1983 World Cup-winning cricketer Madan Lal, former India cricketer Kirti Azad and Karnataka Minister Priyank Kharge, report agencies.1983...

Litton Das to lead Tigers' T20 World Cup squad

2026-01-05 00:00:00

Bangladesh on Sunday named their squad for the T20 World Cup beginning in February, leaving out middle-order batters Jaker Ali Anik and Mahidul Islam, and selecting five fast bowlers, report agencies.Wicketkeeper and batter Litton Das will also lead Bangladesh in...

NBR launches Security Operations Center to strengthen cybersecurity

2026-01-05 00:00:00

FE Report As part of implementing the cybersecurity policies and compliance guidelines issued by the National Cyber Security Agency (NCSA), the National Board of Revenue (NBR) has established a Security Operations Center (SOC) to strengthen the security of the ASYCUDA...

Shimanto Bank inks MoU with Novoair Limited

2026-01-05 00:00:00

Shimanto Bank inks MoU with Novoair LimitedShimanto Bank PLC has recently signed a Memorandum of Understanding (MoU) with Novoair Limited at the bank's head office. Under this agreement, all debit and credit cardholders of Shimanto Bank will be entitled to...

Dhaka-Manchester flights suspended

2026-01-05 00:00:00

FE REPORTBiman Bangladesh Airlines has announced the suspension of its Dhaka-Manchester-Dhaka flights from February 1 this year, citing an aircraft shortage and the need to deploy planes for Hajj operations.The decision was taken by the airline's board of directors after...

Customers win Nepal, Cox's Bazar tour thru travel payment with bKash

2026-01-05 00:00:00

Six customers have won Nepal trip, Cox's Bazar tour and luxury hotel staycation by making highest amount of bKash payment on flight, bus ticket purchases and hotel bookings during October and November.Additionally, travellers received cashback, discounts, and coupons up to...

Islami Bank MD receives 'Lifetime Excellence in Islamic Banking Leadership Award'

2026-01-05 00:00:00

Islami Bank MD receives 'Lifetime Excellence in Islamic Banking Leadership Award'Md. Omar Faruk Khan, Managing Director of Islami Bank Bangladesh PLC, achieved the 'Lifetime Excellence in Islamic Banking Leadership Award' at the 'Global NRB Awards-2025'. NRB World presented him with...

Food grain stocks hit 5-yr high, says food adviser

FE REPORT | 2026-01-05 00:00:00

Bangladesh currently holds its highest level of public food grain stocks in the past five years, eliminating any immediate risk of food shortages, Food Adviser Ali Imam Majumder said on Sunday.Briefing reporters at the Secretariat on the country's food stock...

IFIC Bank promotes 74 officials in recognition of professional excellence

2026-01-05 00:00:00

IFIC Bank promotes 74 officials in recognition of professional excellenceIFIC Bank PLC has promoted 74 officers across various levels in recognition of significant contributions to the bank's sustainable growth and continued progress. These promotions were granted as a mark of...

Sugar prices up 5.25-10pc ahead of Ramadan

2026-01-05 00:00:00

FE REPORTThe prices of sugar have already increased, although the holy month of Ramadan is still about one and a half months away.Sugar sold at Tk 100-110 a kg in the capital's markets on Sunday, up from Tk 95-100 seven...

PRIME BANK SECURES $20M TERM LOAN FROM INVEST IN VISIONS

2026-01-05 00:00:00

PRIME BANK SECURES $20M TERM LOAN FROM INVEST IN VISIONS Prime Bank has successfully signed a term loan agreement for $ 20 million with Invest In Visions Microfinance Fund, a German-based impact investor. A signing ceremony took place recently in...

Mutual Trust Bank holds Annual Town Hall meeting

2026-01-05 00:00:00

Mutual Trust Bank holds Annual Town Hall meeting Mutual Trust Bank (MTB) held its Annual Town Hall 2026 session at a local venue in Dhaka under the theme "Trust Rebuilt, Future Redefined." It focused on reviewing the bank's performance, addressing...

BRAC Bank appoints Asif Bin Idris as DMD

2026-01-05 00:00:00

BRAC Bank appointed Md. Asif Bin Idris as deputy managing director (DMD) and head of corporate, commercial & institutional banking, effective from December 30, 2025. He will also serve as a member of the bank's management committee, according to a...

Paramount Textile to add solar power as new revenue stream

FE REPORT | 2026-01-05 00:00:00

Paramount Textile is going to diversify into solar power generation, expecting nearly Tk 3.07 billion in revenue from solar plants over 20 years from FY28.The fabric producer, one of the most profitable textile companies among those listed, made the disclosure...

Risk-free appeal lifts T-bond trading in secondary market

Babul Barman | 2026-01-05 00:00:00

Secondary market trading in Treasury bonds surged 53 per cent year-on-year to Tk 1.95 billion in 2025, driven by falling yields and investors' preference for risk-free assets.Bond prices are inversely related to interest rates. As a result, sellers booked capital...

BANGLADESH KRISHI BANK OPENS NEW NANIARCHAR BRANCH BUILDING

2026-01-05 00:00:00

BANGLADESH KRISHI BANK OPENS NEW NANIARCHAR BRANCH BUILDING Bangladesh Krishi Bank opened the newly constructed building of its Naniarchar Branch in Rangamati on Sunday. Deputy Managing Director of the bank Md Abdur Rahim inaugurated the building. Later, a business review...

BCCCI signs MoU with Beijing Ark Galaxy and CCECC

2026-01-05 00:00:00

The Bangladesh China Chamber of Commerce & Industry (BCCCI) has signed a Memorandum of Understanding (MoU) with Beijing Ark Galaxy Technology Co. Ltd. and China Civil Engineering Construction Corporation (CCECC) with a view to strengthening bilateral cooperation between Bangladesh and...

OPEC+ keeps oil output steady despite turmoil among members

2026-01-05 00:00:00

DUBAI/LONDON, Jan 4 (Reuters): OPEC+ agreed to maintain steady oil output at its meeting on Sunday, the group said in a statement, despite political tensions between key members Saudi Arabia and the UAE, and the US capture of the president...

'Cold injury' wreaking havoc on seedbeds in Jashore

2026-01-05 00:00:00

OUR CORRESPONDENT BENAPOLE, Jan 04: Rural areas of Jashore have been blanketed by intense cold and dense fog, putting Boro paddy seedbeds at serious risk right at the start of the season. Fearing heavy losses, many farmers are desperately trying...

Myanmar junta says to release over 6,000 prisoners

2026-01-05 00:00:00

YANGON, Jan 04 (AFP): Myanmar's junta said on Sunday it would release more than 6,000 prisoners as part of an annual amnesty to mark the country's independence day."The Acting President of the Union of the Republic of Myanmar has pardoned...

North Korea fires ballistic missile: Seoul

2026-01-05 00:00:00

SEOUL, Jan 04 (AFP): North Korea fired a ballistic missile off its east coast on Sunday, South Korea's military said."The North has launched an unidentified ballistic missile toward the East Sea," it said, referring to a body of water also...

Israeli forces kill three Palestinians in Gaza

2026-01-05 00:00:00

CAIRO, Jan 04 (Reuters): Israeli forces shot and killed at least three Palestinians in separate incidents in the southern Gaza Strip city of Khan Younis on Sunday, local health authorities said.Medics reported that the dead included a 15?year?old boy, a...