NEW YORK, Oct 20 (Reuters): Jitters around US banks' exposure to loan losses have fueled expectations for more mergers and acquisitions as big buyers may be spurred to look to absorb smaller or weaker rivals, according to four senior industry...
HONG KONG, Oct 20 (AFP): Asian markets rose Monday after conciliatory comments from Donald Trump at the weekend ease worries about China-US trade tensions, while Tokyo stocks surged to a record on news of a deal to end political turmoil...
The 72nd meeting of the Risk Management Committee (RMC) of Shahjalal Islami Bank PLC was held at the Corporate Head Office of the bank. The meeting was presided over by Md. Towhidur Rahman, Chairman of the committee. Among others, Members...
Alliance Finance PLC (AFPLC) has made a donation to icddr,b, a leading international health research centre based in Bangladesh, as part of its Corporate Social Responsibility (CSR) at a ceremony held at the head office of icddr,b recently. Kanti Kumar...
Janata Bank PLC opened its first sub-branch in Kendua upazila of Netrokona district on Monday. Md Fayez Alam, Deputy Managing Director of the bank, inaugurated the sub-branch. Kendua Upazila Nirbahi Officer Inamul Haque Talukder was present at the event. Managing...
Dhaka Bank successfully organised a "Financial Literacy & Career Counselling Program" for students of Independent University, Bangladesh (IUB). The programme, collaborated by the Office of Career Guidance, Placement and Alumni Relations (CGP&AR) of IUB, was held at the IUB Campus...
BRAC Bank extended instant loan facilities to marginalised farmers and small traders in Satkhira under Bangladesh Bank's (BB) refinancing scheme. At a ceremony held on October 16, the participating banks altogether disbursed Tk 40 million to 500 borrowers, including BRAC...
Prime Bank has appointed Mohammad Jashim Uddin as chief financial officer (CFO) & head of Financial Administration Division (FAD) with immediate effect.Mr Uddin has been an integral part of Prime Bank since 2005. Over the years, he has served in...
A high-level delegation from Bangladesh, led by Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of the Bangladesh Investment Development Authority (BIDA), arrived in South Korea on Monday on a five-day visit focused on attracting foreign direct investment (FDI) and strengthening...
The government plans to reduce passport issuance fees for Bangladeshi expatriates living abroad, Home Affairs Adviser Lt Gen (retd) Md Jahangir Alam Chowdhury said on Monday.The announcement came following a meeting of the core committee on law and order at...
FE REPORT | 2025-10-21 00:00:00
Crown Cement has reported a 33 per cent year-on-year drop in profit to Tk 0.67 billion for FY25, despite a rise in revenue.In a disclosure on Monday, the company attributed the decline in profit to higher marketing expenses, additional depreciation...
FE REPORT | 2025-10-21 00:00:00
DBH Finance has reported nearly a 3 per cent year-on-year decline in profit to Tk 324 million for the third quarter (Q3) through September, mainly due to higher provisioning amid a spike in interest expenses on deposits and borrowings.The leading...
RIYADH, Oct 20 (Arab News): Saudi Arabia's real estate inflation slowed to 1.3 per cent in the third quarter of 2025, driven by a softening residential market that offset stronger commercial sector gains, official data showed. According to the General...
bKash, the country's largest mobile financial service (MFS) provider, organised a discussion titled 'Digital Payment in the Port City' at a hotel in Chattogram recently. Entrepreneurs and representatives from Chattogram-based Barcode Café, Chattogram Maa-O-Shishu General Hospital, Radisson Blu Chattogram Bay...
A month-long Entrepreneurship Development Training Programme, jointly organised by Bangladesh Bank and Trust Bank PLC under the 'Skills for Industry Competitiveness and Innovation Programme (SICIP') ended in Rangamati recently. The programme, implemented by the Finance Division, Ministry of Finance, with...
Citizens Bank organised a training programme on 'Leadership & Team Building for Work Excellence in Banking' at its Training Academy recently. Alamgir Hossain, Managing Director of the bank, inaugurated the event as the chief guest. Deputy Managing Directors Md. Mostafizur...
A new hacker group named "Mysterious Elephant" has been detected operating across the Asia-Pacific region, according to Kaspersky's Global Research and Analysis Team (GReAT), reports bdnews24.com.The group has primarily been targeting government departments and foreign affairs-related organisations across the region....
FE REPORT | 2025-10-21 00:00:00
Amazon's cloud computing arm, Amazon Web Services (AWS), experienced a major outage on Monday, disrupting a wide range of digital services worldwide, including several platforms widely used in Bangladesh.The outage affected leading apps and platforms such as Snapchat, Fortnite, Coinbase...
JASIM UDDIN | 2025-10-21 00:00:00
Bangladesh moves to discover trade treasure troves across Africa with an imminent exploration mission and trade summit under a comprehensive plan for export-market diversification into potential destinations yet untapped. Sources say direct shipping connectivity with prime ports on the continent...
BEIJING, Oct 20 (Reuters): China imported no soybeans from the US in September, the first time since November 2018 that shipments fell to zero, while South American shipments surged from a year earlier, as buyers shunned American cargoes during the...
Gold prices inched higher on Monday after a record rally, supported by expectations of more US rate cuts and safe-haven demand linked to the government shutdown in Washington, while investors awaited cues from upcoming US-China trade talks, reports Reuters.Spot gold...
LONDON, Oct 20 (Reuters): Large flows of silver from the US and China to London's spot market in the past week are easing a liquidity squeeze in the world's largest over-the-counter precious metals trading hub, traders and analysts said.A shortage...
LONDON, Oct 20 (Reuters): Oil prices fell by nearly 2 per cent on Monday, pressured by worries over a global glut as US-China trade tensions added to concerns about an economic slowdown and weaker energy demand.Brent crude futures were down...
MOSCOW, Oct 20 (Reuters): Russia is prepared to expand cooperation with Iran in all areas, the Kremlin said on Monday.Moscow has close relations with Tehran and condemned U.S. and Israeli strikes on Iranian nuclear sites earlier this year that were...
HONG KONG, Oct 20 (Reuters): Two Hong Kong airport security staff were killed early on Monday after a cargo plane from Dubai skidded off the runway on landing, collided with their security patrol vehicle and pushed it into the sea,...
TOKYO, Oct 20 (AFP): Japan's ruling LDP and its junior partner signed a coalition deal Monday, paving the way for Sanae Takaichi to become the country's first woman premier.The 11th-hour agreement with the Japan Innovation Party (JIP) came just a...
KYIV, Oct 20 (Reuters/AFP): Ukraine is preparing a contract to buy 25 Patriot air defence systems, President Volodymyr Zelenskiy said, in what would be a huge boost to Kyiv's abilities to defend against Russia's aerial bombardments.In comments to media at...
CAIRO, Oct 20 (AFP): A Hamas delegation was to meet Qatari and Egyptian officials in Cairo on Monday to discuss the continuation of a fragile Gaza ceasefire, a source close to negotiations told AFP.The Israeli military struck dozens of Hamas...
RAWALPINDI, Pakistan, Oct 20 (AFP): Pakistan punished poor catching from South Africa to accumulate 259-5 on the opening day of the second and final Test in Rawalpindi on Monday.Had the tourists not dropped five catches on a turning pitch they...
CHRISTCHURCH, New Zealand, Oct 20 (Agencies): A ruthless England led by skipper Harry Brook's brutal 78 punished some lax New Zealand fielding to win the second T20 international by 65 runs in Christchurch on Monday.The visitors raced to a mammoth...
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