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BMW sees tariffs easing and China stabilising in 2026

2026-03-13 00:00:00

FRANKFURT, Mar 12 (AFP): German carmaker BMW said Thursday it expected tariff wars to ease in 2026 saw a tentative turnaround in China after posting results dampened by both trade tensions and competition from Chinese rivals.On the issue of tariffs,...

Private credit funds slide as investors sell out

2026-03-13 00:00:00

NEW YORK/LONDON, March 12 (Reuters): Investment funds run by big financial firms such as KKR and Blue Owl have seen their stock prices slide in recent weeks as investors question the quality of the loans the funds have made.Private credit...

Global shares skid after attacks on Gulf shipping, Iran warnings

2026-03-13 00:00:00

BOSTON/LONDON, March 12 (Reuters): Global shares fell on Thursday as attacks on oil tankers in the Gulf and a warning from Iran shattered prospects of an imminent de-escalation in the Middle East conflict, briefly pushing oil prices above $100 a...

STEP FOOTWEAR OPENS NEW OUTLET AT JAMUNA FUTURE PARK

2026-03-13 00:00:00

Step Footwear opened its new outlet at Jamuna Future Park in Dhaka on Wednesday. The state-of-the art outlet features a contemporary design, an inviting ambience, and customer-friendly services. Managing Director of Step Footwear Shamim Kabir, the brand's ambassador and renowned...

SHAHJALAL ISLAMI BANK HOLDS 915TH EC MEETING

2026-03-13 00:00:00

The 915th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held at its Corporate Head Office in Dhaka on Wednesday. The meeting was presided over by committee Chairman Md Sanaullah Shahid. Members of the...

RUPALI BANK HOLDS BUSINESS REVIEW MEETING-

2026-03-13 00:00:00

Rupali Bank PLC held a business review meeting at the bank's head office in Dhaka on Thursday, with its Managing Director Kazi Md Wahidul Islam in the chair. At the meeting, the names of branches and offices that achieved success...

JANATA BANK HOLDS BUSINESS DIALOGUE AND IFTAR MAHFIL

2026-03-13 00:00:00

Janata Bank PLC held a business dialogue and Iftar mahfil in participation with clients of the local office of the bank at a hotel in the capital on Wednesday. Chairman of the bank Md Fazlur Rahman attended the programme as...

NAGAD PARTNERS WITH MIDLAND BANK FOR DELIVERY OF REMITTANCES

2026-03-13 00:00:00

Nagad has partnered with Midland Bank PLC to streamline the delivery of remittances to the recipients across the country. Managing Director and CEO of the bank Imtiaz Uddin Ahmed and Nagad Administrator Md Motasem Billah signed the partnership agreement at...

Pubali Bank plans $100m green bond to fund climate-friendly projects

FE REPORT | 2026-03-13 00:00:00

Pubali Bank PLC has approved a plan to raise $100 million through issuance of a five-year green bond, in a significant step in its push toward sustainable financing and support for environmentally responsible projects.The decision was made at a meeting...

FBCCI proposes policy continuity, revenue reforms for FY27 budget

2026-03-13 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the country's apex trade body, urged the government on Thursday to ensure policy continuity and sustain investor confidence in the upcoming national budget for fiscal year 2026-27 (FY27), reports BSS.During...

11 more brokerage firms get FIX certification to boost trading efficiency

FE REPORT | 2026-03-13 00:00:00

The Dhaka Stock Exchange (DSE) has awarded FIX (Financial Information Exchange) certification to 11 more brokerage houses, as part of its ongoing initiative to enable brokers to deploy their own Order Management Systems (OMS) through direct API connectivity.The newly certified...

BSEC prepares new rules to regulate public interest companies

FARHAN FARDAUS | 2026-03-13 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) is working to introduce a comprehensive framework to define and regulate public interest companies (PICs), aiming to restore regulatory control over capital issuance and prevent misuse in the securities market.The draft rules, which...

China-N Korea train services resume after six-year halt

2026-03-13 00:00:00

BEIJING, Mar 12 (AFP): Passenger train services between China and North Korea resumed on Thursday following a six-year hiatus, state media said, after the route was suspended during the Covid-19 pandemic.China is North Korea's largest trading partner and a vital...

China's mediation eases fighting between Pakistan, Afghanistan

2026-03-13 00:00:00

ISLAMABAD/BEIJING, March 12 (Reuters): Chinese mediation efforts, including a message from President Xi Jinping, have helped ease the worst fighting between Pakistan and Afghanistan since the Taliban returned to power in 2021, three Pakistani government officials said.The officials said a...

NZ mulls car restrictions if fuel supply stalls

2026-03-13 00:00:00

WELLINGTON, Mar 12 (AFP): New Zealand officials said Thursday they were considering using decades-old laws restricting vehicle use if fuel supplies dwindled due to the war in the Middle East.Finance minister Nicola Willis told reporters on Thursday that officials had...

Israel sees no certainty Iran's govt will fall despite war

2026-03-13 00:00:00

JERUSALEM/DUBAI, March 12 (Reuters): Israeli officials in closed discussions have acknowledged there is no certainty the war against Iran will lead to a collapse of its clerical government, a senior Israeli official told Reuters, with no sign of an Iranian...

Iran threatens prolonged war as Trump says it is near defeat

2026-03-13 00:00:00

TEHRAN, Mar 12 (AFP): Iran warned it could wage a prolonged war with the United States and Israel that would "destroy" the world economy, even as US President Donald Trump said late Wednesday the Islamic republic was facing imminent defeat.The...

Gold price drops by Tk 3,324 per bhori in BD

2026-03-13 00:00:00

The price of gold in Bangladesh dropped by Tk 3,324 per bhori on Thursday, following two consecutive hikes, according to the Bangladesh Jewellers Association (BAJUS), reports UNB.In a notification issued on morning, BAJUS said the new price of 22-carat gold...

Al-Arafah Islami Bank holds workshop on Int’l Trade Management

2026-03-13 00:00:00

A three-day training course titled "Foreign Exchange and International Trade Management" was held at the Al-Arafah Islami Bank Training Institute (AIBTI). Managing Director and CEO of the bank Mohd. Rafat Ullah Khan inaugurated the training workshop as the chief guest...

Sacked employees of five banks stage a demonstration

2026-03-13 00:00:00

Sacked employees of five banks stage a demonstration in front of the Bangladesh Bank in Dhaka on Thursday, demanding their reinstatement. — FE Photo

Unilever Bangladesh extends support to CRP, DRRA

2026-03-13 00:00:00

Unilever Bangladesh Limited (UBL) has extended financial support to the Centre for the Rehabilitation of the Paralysed (CRP), and the Disabled Rehabilitation & Research Association (DRRA) to strengthen rehabilitation capacity and promote inclusive livelihoods, reinforcing its commitment to health and...

Ziad Shatara elected AMTOB president

FE REPORT | 2026-03-13 00:00:00

Ziad Shatara, managing director and chief executive officer of Robi Axiata PLC, has been elected the president of the Association of Mobile Telecom Operators of Bangladesh (AMTOB), placing him at the helm of the country's mobile telecommunications industry at a...

House of Butterfly opens Eid campaign with up to 100pc cashback

2026-03-13 00:00:00

To make the Eid festival more memorable, House of Butterfly, one of the country's leading electronics and home appliance retailers, has launched its special Eid campaign titled "Eider Khushite Jombe Utshob."Through this campaign, customers can enjoy attractive offers and exclusive...

38th anniv of Sheltech: Continuing the legacy of building dreams

2026-03-13 00:00:00

Sheltech (Pvt.) Ltd. proudly celebrates its 38th anniversary, marking nearly four decades of contribution to the real estate sector.Since 1988, Sheltech has grown from the dream of the late Dr. Toufiq M. Seraj and Engineer Kutubuddin Ahmed. Under the visionary...

Adoption of ‘product traceability strategy’ to ease EU market access

FE REPORT | 2026-03-13 00:00:00

Bangladesh must develop a national product traceability strategy to ensure sustainable production and maintain smooth access to the European Union (EU) market, speakers at a policy discussion said on Thursday.They warned that failure to prepare for the EU's emerging sustainability...

Air France, KLM hike long-haul ticket prices

2026-03-13 00:00:00

PARIS, Mar 12 (AFP): Air France-KLM said Thursday it is raising long-haul ticket prices due to soaring jet fuel prices caused by the the Iran war."The current geopolitical situation in the Middle East has led to a sudden and significant...

Oil unlikely to hit $200 a barrel, US energy chief says

2026-03-13 00:00:00

WASHINGTON, Mar 12 (Agencies): US Energy Secretary Chris Wright said on Thursday global oil prices are unlikely to hit $200 a barrel even as crude tankers remained stalled in the Strait of Hormuz and the US and Israeli war with...

Gold steadies as safe-haven flows offset strong dollar and reduced rate-cut bets

2026-03-13 00:00:00

LONDON, Mar 12 (Reuters): Gold prices held nearly steady on Thursday, as support from safe-haven demand was offset by a stronger dollar and reduced expectations for interest rate cuts.Spot gold was little changed at $5,183.39 per ounce by 9:11 a.m....

Inclusion of BD in US trade probe 'uncomfortable', but not a major challenge: BGMEA President

2026-03-13 00:00:00

Mahmud Hasan Khan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), termed on Thursday the inclusion of Bangladesh in a US investigation into overcapacity and overproduction in the manufacturing sector as "uncomfortable," reports UNB.Reacting to the announcement by...

IMF representative pledges continued support for BD

2026-03-13 00:00:00

Maxym Kryshko, the Resident Representative of the International Monetary Fund (IMF) in Bangladesh, reaffirmed on Thursday the organisation's commitment to maintaining full cooperation with the country, reports UNB.He made the commitment during a courtesy call on the Governor of Bangladesh...