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ISLAMI BANK HOLDS BOARD MEETING_

2026-01-23 00:00:00

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

UTTARA BANK INAUGURATES 'ONE STOP SERVICE'

2026-01-23 00:00:00

Md Abul Hashem, Managing Director & CEO of Uttara Bank PLC, inaugurated the 'One Stop Service' of the bank at its Corporate Branch in Dhaka recently. Additional Managing Director Maksudul Hasan and Deputy Managing Directors Md Rezaul Karim and Khandaker...

BRAC BANK LAUNCHES VISA MULTICURRENCY SME BUSINESS DEBIT, CREDIT CARDS

2026-01-23 00:00:00

BRAC Bank has recently introduced Visa multicurrency SME business debit and credit cards to enable small and medium enterprise (SME) customers to perform authorised B2B local and foreign currency transactions, supporting smoother business operations. The cards were launched at a...

Emerging market ETFs draw strong inflows on cheaper valuations amid market turmoil

2026-01-23 00:00:00

Emerging market equity exchange-traded funds have attracted substantial inflows since the start of the year for their cheaper valuations and growth prospects, despite markets grappling with geopolitical tensions and a decline in global bond markets, reports Reuters.According to Refinitiv Lipper,...

Dhaka bourse ends marginally lower as blue chips show mixed performance

FE REPORT | 2026-01-23 00:00:00

The Dhaka bourse closed the week's last session marginally lower, extending the losing streak for the second consecutive session, as market leaders showed mixed performance.Insiders said the market witnessed a mild correction over the last two sessions as many opportunistic...

IPO lottery system returns to boost secondary market turnover

FARHAN FARDAUS | 2026-01-23 00:00:00

The main reason for restoring the lottery system in primary share allocation is to boost turnover in the secondary market against the backdrop of a persistent investor exodus.The IPO lottery system was removed in April 2021 after it was repeatedly...

Justice for road accident victims

2026-01-23 00:00:00

According to the Bangladesh Passenger Welfare Association, 6,729 road accidents occurred in 2025, leaving 14,812 people injured alongside the fatalities. The organisation has identified a familiar but troubling list of causes: defective vehicles, reckless speeding, poor driving attitudes, physical and...

Soaring inflation and everyday strain

2026-01-23 00:00:00

Bangladesh's position as the country with the highest inflation in South Asia is no longer just a statistic. It has become a daily struggle for ordinary people. Official figures show inflation hovering near 9.0 per cent, but behind these numbers...

Back to school, back to contentious fees

Shiabur Rahman | 2026-01-23 00:00:00

With the opening of schools across the country for the 2026 academic year, one thing that parents are hit with is the notorious concept of the "readmission fee." Although the government has banned schools from charging this fee, many educational...

Consequences of interim govt's indifference to law and order

Nilratan Halder | 2026-01-23 00:00:00

The press wing of the Chief Adviser has admitted that 645 incidents of violence against members of the minority communities occurred in 2025 but it clarifies that of those 71 could be categorised as communal. Only recently did the Human...

Restructuring for administrative efficiency

2026-01-23 00:00:00

In a significant move aimed at streamlining administrative efficiency, the interim government has recently unveiled a set of restructuring decisions involving steps towards enhancing transparency, efficiency and accountability across key state institutions. Presided over by the Chief Adviser, the meeting...

The risks for energy sector

Mushfiqur Rahman | 2026-01-23 00:00:00

On January 7, 2026, the Interim Government's Advisor for the Ministry of Power, Energy and Mineral Resources Muhammad Fauzul Kabir Khan submitted to the Chief Adviser Prof. Muhammad Yunus a new 25-year power and energy sector master plan to be...

US, Denmark to renegotiate 1951 Greenland defence pact

2026-01-23 00:00:00

DAVOS, Jan 22 (AFP): The United States and Denmark will renegotiate a 1951 defence pact on Greenland, a source familiar with talks between President Donald Trump and NATO chief Mark Rutte told AFP Thursday.The source said that European allies would...

Meghna Bank holds annual business conference

2026-01-23 00:00:00

The Annual Business Conference of Meghna Bank PLC was held at a city hotel recently. Uzma Chowdhury, Chairperson of the bank attended the event as the chief guest while Syed Mizanur Rahman, Managing Director, presided over the event. Key figures...

Children of UCB employees will get special discounts at Scholastica

2026-01-23 00:00:00

United Commercial Bank PLC (UCB) has signed a Memorandum of Understanding (MoU) with Scholastica, one of the country's leading educational institutions, to create enhanced educational opportunities for the children of UCB employees. The signing ceremony was held at UCB's head...

Outward remittance repatriation approval now fully online via BIDA OSS portal

2026-01-23 00:00:00

The Bangladesh Investment Development Authority (BIDA) has officially activated its outward remittance repatriation approval service through the BIDA One Stop Service (OSS) online portal, providing full digital processing for approvals related to royalty, technical know-how, technical assistance and franchise fees,...

Community Bank, Sandhani Life sign bancassurance deal

2026-01-23 00:00:00

Community Bank Bangladesh PLC and Sandhani Life Insurance Company Ltd have signed a bancassurance agreement aimed at providing integrated insurance services to customers across the country.Through this partnership, insurance products of Sandhani Life Insurance will be made available to customers...

EBL, icddr,b renew partnership for National Biohazardous Waste prog

2026-01-23 00:00:00

Eastern Bank PLC (EBL) and icddr,b have renewed their partnership for the third consecutive year, reaffirming their joint commitment to improving public health and environmental sustainability in Bangladesh.A cheque handover ceremony under an existing MoU was held at the bank's...

Barapukuria Unit-I resumes power generation

2026-01-23 00:00:00

DINAJPUR, Jan 22 (BSS): Electricity generation has resumed at Unit-1 of the Barapukuria coal-fired Thermal Power Plant here after a four-day shutdown caused by a boiler tube failure.Chief Engineer of the Barapukuria Thermal Power Plant under Parbatipur upazila, Md Abu...

Free flow of info curbs corruption, says CAAB Chairman

2026-01-23 00:00:00

Civil Aviation Authority of Bangladesh (CAAB) Chairman Air Vice Marshal Md Mostafa Mahmood Siddiq Thursday said free flow of information plays a significant role in enhancing administrative efficiency and preventing corruption, reports BSS.He made the remarks while addressing a training...

BR seeks extra Tk1.95b for land acquisition, two years more

FHM HUMAYAN KABIR | 2026-01-23 00:00:00

The Bangladesh Railway (BR) has sought an additional Tk1.95 billion for acquiring 3.347 acres of land for the Jamuna railway bridge construction projects, officials said on Tuesday.The BR has proposed an increase of the land acquisition cost by 56.41 per...

Oil prices fall as Trump tones down threats against Greenland, Iran

2026-01-23 00:00:00

LONDON, Jan 22 (Reuters): Oil prices fell on Thursday, reversing the previous sessions' gains, after US President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook.Brent crude was down $1.25 cents, or...

Riyadh Air launches cargo unit as it enters global air freight market

2026-01-23 00:00:00

RIYADH, Jan 22 (Arab News): Riyadh Air, the Kingdom’s new national carrier, has announced its official entry into the global air freight market with the launch of its “Riyadh Cargo” brand. The company has also activated belly-hold cargo operations across...

Gold slips as easing geopolitical strains lift risk appetite

2026-01-23 00:00:00

SINGAPORE, Jan 22 (Reuters): Gold prices ticked down on Thursday, pausing a three-session rally to record highs, as easing tensions over Greenland boosted risky assets, with bullion further pressured by fading expectations of US interest rate cuts in the near...

METAL FARMTECH HOLDS ANNUAL MEET-2026

2026-01-23 00:00:00

Metal Farmtech Ltd., an agricultural machinery industry, held its Annual Meet-2026 at a hotel in Dhaka recently. The key agenda of the event included a review of the company's business performance over the past year, formulation of future sales and...

RR KABEL OUTLET OPENS AT BASHUNDHARA

2026-01-23 00:00:00

RR Imperial Electricals Ltd., one of the country's leading electrical cable and wire brands, has inaugurated its new display centre at Bashundhara in Dhaka. Director & CEO of the company Mahbub Hossain Mirdah and Directors A N M Manzoor Murshed,...

Shippers Council distributes blankets

2026-01-23 00:00:00

At the initiative of the Shippers' Council of Bangladesh (SCB), members of the Board of Directors and officers have distributed about 9,000 blankets among the cold-stricken, low-income people across the country since the beginning of the winter season.The blankets were...

Biman clarifies temporary suspension of Manchester flights

2026-01-23 00:00:00

Biman Bangladesh Airlines clarified on Thursday that the temporary suspension of flights on the Dhaka-Sylhet-Manchester route is driven by fleet constraints and operational realities, while measures have been taken to minimise passenger inconvenience, reports BSS.In a statement, the national flag...

BD takes centre stage with 15 exhibitors at Texworld NY

2026-01-23 00:00:00

Bangladesh is currently showcasing its expanding capabilities in the textile and apparel industry at Texworld USA, New York, widely recognised as one of the most significant sourcing events on the US East Coast, reports BSS.Running from January 20-22, 2026, at...

Japan not qualified for permanent UNSC seat, says Chinese envoy

2026-01-23 00:00:00

UNITED NATIONS, Jan 22(Xinhua): A Chinese envoy said Wednesday that Japan is not qualified at all for a permanent seat on the UN Security Council.Japanese militarism has not been thoroughly reckoned with, and Japanese right-wing forces are pushing for remilitarisation,...