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Weak markets to worsen job losses after merger, liquidation

Mohammad Mufazzal | 2026-01-18 00:00:00

The merger and liquidation of financial institutions are set to cost hundreds of jobs, while weakened money and capital markets leave little scope for new employment to replace those lost.Although the central bank has assured that there will be no...

Brazil, EU hail trade deal as victory for multilateralism

2026-01-18 00:00:00

RIO DE JANEIRO, Brazil, Jan 17 (AFP): Brazil's President Luiz Inacio Lula da Silva and EU chief Ursula von der Leyen on Friday hailed a trade deal between the EU and South America's Mercosur bloc as a victory for multilateralism.The...

Restart of Pangaon ICT opens new horizon in port management: Sakhawat

2026-01-18 00:00:00

Shipping, Labour and Employment Adviser Brig Gen (Rtd.) Dr. M. Sakhawat Hossain on Saturday said the restart of Pangaon Inland Container Terminal (ICT) opened a new horizon in the country's port management and inland water transport sector, reports BSS.Upgrading of...

'Shuponno' outlet opens in city, promotes agroecological farming

2026-01-18 00:00:00

FE REPORTAgroecological farming was hailed as a sustainable solution for ensuring safe, nutritious and environmentally friendly food, as 'Shuponno' opened its first outlet of such produce at Lalmatia in Dhaka on Friday. Speakers at the inauguration of the outlet said...

Islami Bank's sub-branch deposits reach Tk120b

2026-01-18 00:00:00

Deposits at Islami Bank's sub-branches have stood at Tk 120.00 billion, marking an increase of Tk 37.00 billion in a year. In addition, the bank's total deposits have reached Tk 1830.00 billion. The bank has topped remittance collection for 18...

Govt tightens oversight of public assets to curb long-term fiscal risks

2026-01-18 00:00:00

The government has introduced a new Property, Plant and Equipment (PPE) and Lease Manual aimed at strengthening asset governance and curbing long-term liabilities, reports UNB.The move comes as the Finance Division revealed that Bangladesh's total contingent liabilities have reached Tk...

Metal Seeds Limited holds Annual Meet-

2026-01-18 00:00:00

Metal Seeds Limited holds Annual MeetMetal Seeds Limited has recently held its "Annual Meet-2026" at The Westin in Dhaka. The programme was attended by Managing Director of Metal Seeds Limited, engineer Sadid Jamil; Director, Sarah Jamil; Chief Executive Officer, Md....

New batch of management trainee officers joins NCC Bank-

2026-01-18 00:00:00

New batch of management trainee officers joins NCC BankAn orientation programme for the newly-appointed management trainee officers at NCC Bank was recently held at the bank's head office. The event was attended by the bank's Managing Director, M. Shamsul Arefin,...

Cooperate with govt to check money laundering

2026-01-18 00:00:00

FE REPORTDuring one and a half decades of the Awami League government, a huge amount of money was laundered from Bangladesh, for which different stakeholders, including accountants, are responsible, said Foreign Affairs Adviser Md Touhid Hossain on Saturday.Keeping this in...

The bizarreness of Social Security

Ardeshir Siddiqui | 2026-01-18 00:00:00

The addiction to "free stuff" has been a part of human civilization. This is not going away. In fact, it is growing further - particularly in the United States with Social Security. Social Security was introduced during the FDR administration...

An emerging concern

MD. MOIN UDDIN MUSLIM | 2026-01-18 00:00:00

The global tea market is currently shaped by intense competition, price pressures, sustainability imperatives, and increasingly brand-driven value chains -- where leadership is determined not only by production volumes, but by technology adoption, marketing sophistication, and access to global distribution...

Why Bangladesh needs a mentoring culture to forge its future leaders

Hisham Khan and Tasnima Zerin | 2026-01-18 00:00:00

Every year, hundreds of thousands of graduates leave Bangladesh's universities with their degrees in hand. They've spent years studying, earned their qualifications, and they're ready to contribute to the country's economy. For most of them, though, the jump from university...

'No-handshake' at U-19 WC unintentional: BCB

2026-01-18 00:00:00

Bangladesh Cricket Board (BCB) said on Saturday that the absence of handshake between the captains at toss during the Under-19 World Cup game against India was completely unintentional and resulted from a momentary lapse in concentration, reports Cricbuzz.With regular captain...

Rangpur confirm BPL playoffs spot

2026-01-18 00:00:00

Contrasting half-centuries from openers Dawid Malan and Towhid Hridoy powered Rangpur Riders to an 11-run victory over Dhaka Capitals at the Sher-e-Bangla National Cricket Stadium in the city on Saturday, reports BSS. Their composed yet aggressive batting at the top...

BCB offers to swap groups with Ireland to feature in T20 WC

2026-01-18 00:00:00

The Bangladesh Cricket Board (BCB) urged the International Cricket Council members to swap groups in order to feature in the forthcoming ICC T20 World Cup in Sri Lanka, report agencies.The BCB made the offer during a meeting with the ICC...

BB aims to decrease inflation rate to 5pc approx. in near future

2026-01-18 00:00:00

OUR CORRESPONDENTRANGPUR, Jan 17: The central bank aims to gradually decrease the inflation rate to approximately five per cent in the near future from its current level of over eight per cent, Bangladesh Bank (BB) Deputy Governor Dr Md Habibur...

Jhenaidah's 21 heritage sites face ruin amid neglect

2026-01-18 00:00:00

JHENAIDAH, Jan 17 (UNB): Jhenaidah's 21 officially recognised heritage sites across six upazilas, with their rusting gates, crumbling walls, and silent courtyards, now teeter on the brink of ruin, victims of neglect, indifference and the passage of time. Walking through...

Children out of school as erosion fury rages on in Gaibandha

2026-01-18 00:00:00

OUR CORRESPONDENTGAIBANDHA, Jan 17: Locals of Chargram Jiadanga village in Gaibandha demanded immediate steps to re-establish a primary school as hundreds of children are unable to receive basic education after Brahmaputra River erosion claimed a neighbouring village last month and...

Bogura potters struggling to stay afloat with scanty income

SAJEDUR RAHMAN | 2026-01-18 00:00:00

BOGURA Jan 15: The Tk60-80 million pottery industry in Bogura enables the artisans to barley manage to survive, exclusively depending on the production of earthen pots and trays, which mainly covers the demand for the district's famed yoghurt.Around 2,000 families...

Mother of Musk's child sues his AI co over sexual deepfake images created by Grok

2026-01-18 00:00:00

TEXAS, Jan 17 (AP):The mother of one of Elon Musk's children is suing his AI company, saying its Grok chatbot allowed users to generate sexually exploitive deepfake images of her that have caused her humiliation and emotional distress.Ashley St. Clair,...

Ukrainian team heading to US for talks

2026-01-18 00:00:00

KYIV, Jan 17 (Reuters): A Ukrainian delegation is en route to the US for talks on security guarantees and a post-war recovery package, President Volodymyr Zelenskiy said on Friday, expressing hope the documents could be signed on the sidelines of...

Trump thanks Iran for not following thru’ on executions

2026-01-18 00:00:00

WASHINGTON, Jan 17 (AP): President Donald Trump took the unusual step on Friday of thanking the Iranian government for not following through on executions of what he said was meant to be hundreds of political prisoners."Iran canceled the hanging of...

Trump threatens new tariffs on countries opposed to Greenland takeover

2026-01-18 00:00:00

NEW YORK, Jan 17 (BBC): US President Donald Trump has threatened to place tariffs on nations that do not go along with his ambitions to annex Greenland.Trump said at a White House meeting that he "may put a tariff on...

HDFC Bank beats Q3 profit expectations on better lending margins

2026-01-18 00:00:00

MUMBAI, Jan 17 (Reuters): Indian private lender HDFC Bank reported a higher-than-expected profit for the third quarter on Saturday as loan growth remained strong and margins improved sequentially.The country's largest private lender by market capitalisation posted a standalone net profit...

China, Canada reach 'landmark' deal on tariffs, visas

2026-01-18 00:00:00

BEIJING, Jan 17 (AFP): Canada's Prime Minister Mark Carney and Chinese President Xi Jinping agreed on a raft of measures from trade to tourism on Friday at the first meeting between the countries' leaders in Beijing in eight years.The Canadian...

Oil prices settle up as US begins holiday weekend

2026-01-18 00:00:00

HOUSTON, Jan 17 (Reuters): Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin Luther King holiday weekend in the US and lingering worries about a possible US military strike against Iran.Brent crude...

Overcoming the adoption barriers

Md Rashel Hasan, Md Khorshed Alam and Mst Nurnaher Begum in the last of two-part articles on QR-based payment system | 2026-01-18 00:00:00

In line with the global trend, MFS providers in Bangladesh introduced their own proprietary Quick Response (QR) coded or QR-based payment systems in 2018. However, these early models were merchant-specific, meaning each QR code could only be used for payments...

Why are we ignoring risk shield?

2026-01-18 00:00:00

Imagine this: out of every 10 people in Bangladesh, only one is financially protected against floods, fires, health emergencies, or industrial accidents. The other nine face the full brunt of disaster, often losing everything they have worked for.Despite being the...

Free public life from suffering

2026-01-18 00:00:00

The blockade of the capital by students demanding the merger of seven government colleges has inflicted immense suffering on public life. Office-goers, school students and even critically ill patients have been stranded on the roads for hours, enduring severe hardship....

Seven-college issues demand urgent action

Atiqul Kabir Tuhin | 2026-01-18 00:00:00

The government’s initiative to establish a new public university – Dhaka Central University – by bringing together the seven colleges de-affiliated from Dhaka University has stuck in limbo for nearly a year. Disagreements over the proposed institutional structure and the...