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Olympic Industries to acquire stake in proposed firm, buy land in Narayanganj

FE Report | 2026-01-21 00:00:00

Leading biscuit maker Olympic Industries has decided to buy land to expand its operations and make a new investment of Tk 2 million in a proposed company.According to a disclosure, the investment will be made in Tripti Industries (proposed) in...

BANK ASIA AGENT BANKING MARKS 12TH ANNIVERSARY -

2026-01-21 00:00:00

BANK ASIA AGENT BANKING MARKS 12TH ANNIVERSARY Bank Asia Agent Banking celebrated its 12th founding anniversary with a remarkable milestone-bringing 7.5 million customers into the formal financial system. Bank Asia, the pioneer of agent banking in the country, according to...

2025 -- a year of rebound for UCB, says its MD

JUBAIR HASAN | 2026-01-21 00:00:00

The significant turnaround of the United Commercial Bank (UCB) from a prolonged liquidity crisis will be a key topic of discussion in the coming days as far as transformation in the banking industry is concerned, said the bank's Managing Director...

ACI's growth paradox: A profitable parent, bleeding subsidiaries

MOHAMMAD MUFAZZAL | 2026-01-21 00:00:00

ACI has continued expanding into new territories despite its already launched subsidiaries and associate companies weighing heavily on its business and pushing it into the red.In FY25, ACI's standalone profit stood at about Tk 3.99 billion, up 19 per cent...

'For Midland Bank, agent banking a cornerstone of its financial inclusion strategy'

2026-01-21 00:00:00

Midland Bank recognizes the transformative potential of agent banking as a cost-effective and inclusive solution for providing financial services to the underserved and under developed areas of the country, said Md. Ahsan-uz Zaman, Managing Director and Chief Executive Officer of...

Agent banking breaks social barriers, brings women into financial system

2026-01-21 00:00:00

Villagers used to depend on usurers and thereafter on NGOs for small moneys, from time immemorial. Gonna are the days of those moneylenders--a banking derivation called agent banking usurps the usurers by changing fast the macroeconomic landscape in the rural...

Stakeholders' collaborative actions needed to overcome challenges

2026-01-21 00:00:00

Agent banking comes as a trailblazer in driving financial inclusion in Bangladesh, showing strong business growth, but entrepreneurs feel it is increasingly getting under strain from regulatory and operational challenges.Starting off over a decade ago to serve unbanked and underbanked...

'Islami Bank has a strong legacy in agent banking'

2026-01-21 00:00:00

While explaining the benefits of agent banking during an interview with the FE, Md Omar Faruk Khan, Managing Director, Islami Bank Bangladesh PLC, said the primary focus of agent banking services is to bring unbanked populations -- particularly in remote...

Agent banking a long-term strategic investment

2026-01-21 00:00:00

The primary objective of launching EBL agent banking was to deliver safe and modern banking services to the doorstep of unbanked rural and marginal communities At the same time, enhancing financial inclusion and ensuring sustainable growth by expanding banking operations...

Agent banking expansion slows down amid regulatory intervention

JASIM UDDIN HAROON | 2026-01-21 00:00:00

Agent banking has woven one of Bangladesh's quiet financial success stories. The pivot aims at extending high-street banking services to underserved, mostly women and geographically remote populations, as the model rapidly became a critical conduit for rural savings mobilisation, remittance...

BIFPCL distributes 2,000 blankets in Bagerhat-

2026-01-21 00:00:00

Bangladesh-India Friendship Power Company Limited (BIFPCL) has distributed a total of 2,000 blankets to cold-stricken, helpless and underprivileged people in Bagerhat as part of the company's Corporate Social Responsibility (CSR) initiatives.The blankets were handed out simultaneously in Gourambha, Rajnagar and...

Gold blazes trail beyond $4,700/oz to record high

2026-01-21 00:00:00

Gold surged past the $4,700 an ounce mark for the first time on Tuesday, and silver hovered just below a fresh record high, as global tensions sparked yet another rush to safety, reports Reuters.Spot gold gained 1.2 per cent to...

China invited to join Trump's 'Board of Peace'

2026-01-21 00:00:00

BEIJING, Jan 20 (AFP): Beijing confirmed on Tuesday that China had been invited to join US President Donald Trump's "Board of Peace"."China has received the United States' invitation," foreign ministry spokesman Guo Jiakun told a regular news briefing, without specifying...

Trump accuses UK of 'great stupidity' for Chagos deal

2026-01-21 00:00:00

WASHINGTON, Jan 20 (AFP): US President Donald Trump accused the United Kingdom on Tuesday of "great stupidity" for a deal to hand the Chagos Islands in the Indian Ocean to Mauritius."The UK giving away extremely important land is an act...

ASEAN won't endorse Myanmar polls

2026-01-21 00:00:00

KUALA LUMPUR, Malaysia, Jan 20 (AP): The Association of Southeast Asian Nations will not endorse elections in military-ruled Myanmar, Malaysia's foreign minister said Tuesday, citing concerns over the lack of inclusive and free participation.Myanmar's military-backed political party appeared headed for...

Almost half of Kyiv without power

2026-01-21 00:00:00

KYIV, Jan 20 (AFP): An overnight Russian aerial attack left thousands of residential buildings in Kyiv without heating and water in -14C temperatures on Tuesday-another blow to a capital already reeling from strikes that have knocked out vital utilities.The large-scale...

Tigresses crush Papua New Guinea in T20 World Cup Qualifiers

2026-01-21 00:00:00

Bangladesh Women registered their second consecutive victory in the ICC Women's T20 World Cup Qualifiers, defeating Papua New Guinea by 30 runs at the Tribhuvan University International Cricket Ground in Kirtipur, Nepal, on Tuesday, reports BSS.Asked to bat first, the...

Mustafizur named in Wisden's 2025 T20 team of the year

2026-01-21 00:00:00

Bangladeshi left-arm pacer Mustafizur Rahman has earned a spot in Wisden's Men's T20 Team of the Year for 2025. His stellar performances across international and franchise cricket over the past year helped them earned it, reports UNB.The cricket-focused website's editorial...

Woakes' last-ball six keeps Sylhet's BPL final alive

2026-01-21 00:00:00

In a heart-stopping finish at the Sher-e-Bangla National Stadium in the city, Chris Woakes struck a massive six off the final ball to guide the Sylhet Titans to an incredible victory over the Rangpur Riders in the BPL Eliminator on...

Choosing reform, remembering July, securing the Republic

Serajul I Bhuiyan | 2026-01-21 00:00:00

On February 12, Bangladesh faces a question of profound historical importance one that goes beyond the usual trappings of election politics and into the very moral foundations of the republic itself. The people will not only elect their representatives; they...

Thirst in the land of plenty

2026-01-21 00:00:00

North Bengal was once the proud granary of Bangladesh, but today it fights a silent battle for its very existence. Vast fields are there, but the water that breathes life into them has vanished. Beneath the surface, the water table...

Do we need a referendum for reform?

2026-01-21 00:00:00

The proposed referendum on reforms has gained significant traction in recent days ahead of the election, as it is intended to be carried out simultaneously with the national polls.However, there are several questions surrounding this referendum-such as how many issues...

BR in need of electric traction for transition

Wasi Ahmed | 2026-01-21 00:00:00

The Bangladesh Railway (BR) continues to lag far behind global trends in railway electrification, despite adopting a formal policy more than a decade ago for transition from diesel-powered trains to electric traction. While many countries have successfully modernised their rail...

Developing advanced healthcare facilities at home

2026-01-21 00:00:00

With fewer than one hospital bed available per 1,000 patients and still fewer doctors to attend them, the need for more hospital beds and healthcare professionals in the country has been a long-felt demand. Yet, progress in this important sector...

How it feels to visit Saint Martin after restriction

Zahid Hasan | 2026-01-21 00:00:00

For the first time in recent memory, Saint Martin's Island has gone quiet long before the season's end. The last tourist vessel left the Teknaf jetty on a warm Friday afternoon, and by the next morning, the island's waters carried...

The University of Chankharpul adjudged 'Best Feature Film' at DIFF

Nourin Sultana | 2026-01-21 00:00:00

'Power resides where men believe it resides. It's a trick, a shadow on the wall. And a very small man can cast a very large shadow.'If you're a Game of Thrones fan, you may remember Lord Varys, the Master of...

Geo-political storm triggers anxiety

Muhammad Zamir | 2026-01-20 12:00:00

The United States (US) has attacked Venezuela and deposed Nicolas Maduro — in Washington’s most direct intervention in Latin America since the 1989 invasion of Panama.The recent armed intervention in Venezuela has become the subject of discussion among countries all...

Weather (2026-01-20)

2026-01-20 00:00:00

Weather may remain dry with partly cloudy sky in the next 24 hours from 06:00 am today (Tuesday). Light to moderate fog may occur at a few places during late night to morning. Temperature may remain unchanged.The highest temperature on...

Charges framed against 39

OUR CORRESPONDENT | 2026-01-20 00:00:00

CHITTAGONG, Jan 19: A Chattogram court on Monday framed charges against 39 persons, including Chinmoy Krishna Das, in the murder case of lawyer Saiful Islam Alif.Judge Md Zahidul Haque of the Chattogram Speedy Trial Tribunal passed the order. The court...

Using achievements matters more, advisor tells graduates

NAZIMUDDIN SHYAMOL | 2026-01-20 00:00:00

CHITTAGONG, Jan 19: Using the achievements from university matters more than the achievements themselves, Education Advisor Professor Dr. Chowdhury Rafiqul Abrar said on Monday at the third convocation ceremony of Chittagong Independent University (CIU)."It's not what you achieve in university,...