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Taiwan important issue in China-US ties

2026-02-06 00:00:00

BEIJING, Feb 05 (BBC): China's leader Xi Jinping has called Taiwan "the most important issue" in China-US relations during a phone call with US President Donald Trump.Xi told Trump to be "prudent" when supplying weapons to the island, state media...

Shell profits climb 11 pc

2026-02-06 00:00:00

LONDON, Feb 05 (AFP): British energy giant Shell said Thursday that its net profit rose 11 per cent last year as higher volumes and lower costs helped to offset falling oil and gas prices.Profit after tax climbed to $17.84 billion...

IndiGo reviewing India antitrust order after mass cancellations

2026-02-06 00:00:00

NEW DELHI, Feb 05 (Reuters): IndiGo said on Thursday that it is reviewing the order from India's antitrust regulator and will take appropriate recourse upon reviewing it in detail.Competition Commission of India (CCI) has ordered an investigation into the airline...

Indian rice export prices near one-month high

2026-02-06 00:00:00

Indian rice export prices rose to a near one-month high this week, supported by a modest uptick in demand and a rebound in the rupee from record low levels, while rates in other major hubs like Thailand and Vietnam remained...

Oil prices fall more than 2.0pc

2026-02-06 00:00:00

LONDON, Feb 05 (Reuters): Oil prices fell more than 2.0 per cent on Thursday but held close to multi-month highs after the US and Iran agreed to hold talks in Oman on Friday.Brent crude futures were down $1.73, or 2.5...

Gold, silver falter as speculators retreat, dollar firms

2026-02-06 00:00:00

LONDON, Feb 05 (Reuters): Gold prices slid on Thursday and silver sank more than 11 per cent as speculators cashed in after a two-day rally, while a stronger dollar and easing geopolitical tensions added further pressure on safe-haven metals.Spot gold...

BD export sector faces global economic headwinds, domestic challenges: Experts

2026-02-06 00:00:00

Bangladesh's export sector is navigating a difficult transition as weak global demand coincides with domestic political and economic pressures, though a sharp rebound in recent months is raising hopes of stabilisation, reports UNB.Export earnings in the first seven months of...

US households become increasingly strained in diverging economy

2026-02-06 00:00:00

HYATTSVILLE, United States, Feb 5 (AFP): Around the crack of dawn, a line begins forming at a strip mall in Hyattsville, Maryland, as residents ranging from students to delivery workers and federal contractors wait to sign up for food assistance....

US seeks critical minerals trading bloc with allies

2026-02-06 00:00:00

Washington, Feb 5 (AP): The United States has announced plans to form a critical minerals trading bloc with its allies and partners, aiming to reduce dependence on China and secure stable supplies of key materials used in products ranging from...

Al-Arafah Islami Bank signs agreement with Nagorik Specialized Hospital

2026-02-06 00:00:00

Al-Arafah Islami Bank PLC has recently signed a Memorandum of Understanding with Nagorik Specialized Hospital. Under this agreement, the use of the bank's modern network will facilitate hospital's bill collection and financial management. Besides, all officers, employees, and cardholders of...

AB Bank signs MoU with Ramada by Windham Cox's Bazar

2026-02-06 00:00:00

AB Bank PLC has inked a Memorandum of Understanding (MoU) with Ramada by Wyndham Cox's Bazar. Under the MoU, AB Bank cardholders will enjoy 50 per cent discount on room rents during the tourist season, 60 per cent discount in...

Nagad wallets can now receive remittances thru National Bank

2026-02-06 00:00:00

Nagad, the mobile financial service of the Bangladesh Postal Department, and National Bank PLC have jointly introduced a new, convenient channel for expatriates' families to receive remittances in Bangladesh.Under this initiative, customers sending remittances through National Bank can now have...

China's trade with other APEC economies exceeds 125 tn yuan in 5 yrs

2026-02-06 00:00:00

GUANGZHOU, Feb. 4 (Xinhua): Trade between China and other Asia-Pacific Economic Cooperation (APEC) economies during the 14th Five-Year Plan period (2021-2025) totaled 125.49 trillion yuan (about 18.05 trillion U.S. dollars), which was up 39.4 percent from the previous five years,...

EBL to continue partnership with SOS Children's Villages

2026-02-06 00:00:00

Building on the success of its 2025 collaboration, Eastern Bank Limited PLC (EBL) has expressed its intent to continue supporting SOS Children's Villages Bangladesh in 2026, focusing on youth skill development and clean water access for vulnerable communities.The renewed partnership...

BB raises limit for digital services to Tk 2,000

FE REPORT | 2026-02-06 00:00:00

Bangladesh Bank has increased the monthly spending limit for mobile subscribers purchasing digital products and services through direct operator billing (DOB) from Tk 600 to Tk 2,000, aiming to expand access to digital services and boost the country's digital economy.In...

Stocks in retreat as traders reconsider tech investment

2026-02-06 00:00:00

HONG KONG, Feb 5 (AFP): Stocks mostly fell on Thursday to track more losses on Wall Street, where tech firms were again under pressure as fears over vast AI investments and extended valuations gained momentum.While the extreme volatility that greeted...

Korea's fight for FX stability undermined by its Wall Street mania

2026-02-06 00:00:00

SEOUL, Feb 5 (Reuters): South Korea's efforts to stabilise its currency face a major obstacle at home - the record appetite of its retail investors for US stocks that is fuelling dollar demand as the won languishes at 17-year lows.The...

Global investors betting on 'rising star' Malaysia as foreign cash piles in

2026-02-06 00:00:00

Malaysian assets are drawing global investors as a soft US dollar and rising geopolitical tensions spur diversification and the country's stability and growth are seen as an attractive alternative to stuttering regional rivals, reports Reuters.The increasing flow of foreign money...

Islami Bank holds board meeting_-

2026-02-06 00:00:00

A meeting of the board of directors of Islami Bank Bangladesh PLC was held on Thursday at Islami Bank Tower. Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the executive committee,...

IFIC BANK ACHIEVES PCI DSS CERTIFICATION FOR THE 4TH CONSECUTIVE YEAR

2026-02-06 00:00:00

As a reflection of IFIC Bank's continued commitment and capability in card data security management, the bank has achieved the internationally recognised Payment Card Industry Data Security Standard (PCI DSS) certification for the fourth consecutive year. The certification handover ceremony...

Uttara Finance gets new chairman

2026-02-06 00:00:00

Md Mukhter Hossain was appointed as an Independent Director and Chairman of the Board of Directors of Uttara Finance & Investments Limited (UFIL) by Bangladesh Bank recently, says a press statement.Mr Hossain possesses a proven record as a strategic leader...

Sanaullah Shahid elected EC chairman of Shahjalal Islami Bank

2026-02-06 00:00:00

Md. Sanaullah Shahid was unanimously elected as chairman of executive committee (EC) of Shahjalal Islami Bank in its 404th meeting of the board of directors on January 28.At the same meeting, Khandaker Sakib Ahmed was elected as vice-chairman of executive...

Brac Bank appoints Monzula Morshed as DMD & chief human resources Officer

2026-02-06 00:00:00

BRAC Bank has appointed Monzula Morshed as deputy managing director and chief human resources officer.Her appointment will be effective from Sunday. She will also serve as a member of the bank's management committee, according to a press release. Monzula brings...

Starlink deal opens new revenue stream for Kay & Que

FE REPORT | 2026-02-06 00:00:00

Kay & Que (Bangladesh) has become the sales agent for Starlink Satellite Internet Service in Bangladesh, a move expected to increase the company's revenue and income in the coming quarters.The listed IT venture, belonging to the conglomerate Multimode Group owned...

Asiatic Labs' half-year profit surpasses FY25 earnings

FE REPORT | 2026-02-06 00:00:00

Asiatic Laboratories has posted an impressive 86 per cent year-on-year growth in profit to Tk 164 million in the second quarter of FY26, driven by higher sales amid a stable forex market.With the latest quarterly earnings, its half-yearly profit-Tk 316...

Reform delays frustrate central bank officers

FE REPORT | 2026-02-06 00:00:00

Bangladesh Bank (BB) officers have expressed frustration over no visible progress in two key financial-sector reforms - the proposed amendment to the Bangladesh Bank Order 1972 and the Bank Company Act.Like many others, members of the BB Officers' Welfare Council...

Editors' Council urges protection of journalists covering election

FE REPORT | 2026-02-06 00:00:00

The Editors' Council has urged the authorities and political parties to ensure the safety of journalists covering the upcoming elections.In a statement issued on Thursday, the council said journalists face a range of risks while gathering and disseminating news during...

New govt should prioritise primary healthcare, UHC

FE REPORT | 2026-02-06 00:00:00

Public health experts have suggested the upcoming elected government prioritise primary healthcare services and universal health coverage (UHC) as the health-sector reform commission formed by the interim government dissatisfied them. They made the suggestion at a policy dialogue titled "Priority...

Army deploys max troops to restore voters' confidence

2026-02-06 00:00:00

Army Headquarters on Thursday said around 100,000 army personnel have been deployed across the country to ensure a free, fair and uninterrupted environment for the national elections, with the key objective of restoring voters' confidence, reports UNB.Director of the Military...

BB mops up dollars as remittances rise

FE REPORT | 2026-02-06 00:00:00

The central bank purchased a further US$196.50 million through auction from 16 banks on the interbank spot market on Thursday, aiming to keep the exchange rate of the US dollar against the local currency stable.The amount was bought under the...