FE Today Logo

Search results for:


Agrani Bank wins Remittance Award

2025-12-22 00:00:00

Agrani Bank PLC has been given the Remittance Award 2025 in recognition of securing the first position among state-owned banks and the second position among all banks for collecting a significant volume of remittances during the fiscal year 2024-2025. Managing...

Trust Bank receives Remittance Award-

2025-12-22 00:00:00

Trust Bank PLC has been honoured with the "Remittance Award 2025" in recognition of its significant contribution to remittance mobilisation during the FY 2024-25. Expatriates' Welfare and Overseas Employment Adviser Dr. Asif Nazrul handed over the award to Managing Director...

402nd Board Meeting of Shahjalal Islami Bank held

2025-12-22 00:00:00

The 402nd meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at Corporate Head Office of the bank recently. The meeting was presided over by Chairman A. K. Azad. Among others, Vice-Chairmen of the Board Mohammed...

NRB Bank holds 12th Annual General Meeting

2025-12-22 00:00:00

NRB Bank PLC has conducted its 12th Annual General Meeting (AGM) at The Westin Dhaka recently. Bank's Founder and Chairman Iqbal Ahmed presided over the event where shareholders approved the audited financial statements for the preceding year. Among others, the...

Ispahani Mirzapore adjudged best tea brand for 11 consecutive years

2025-12-22 00:00:00

Ispahani Mirzapore has once again been awarded the 'Best Hot Beverage Brand (Tea) Award 2025' setting a new record by winning the title for the eleventh consecutive year. Adding to this proud achievement, the brand also secured a place among...

BB slashes provisioning rates to boost agri, CMSME lending

2025-12-22 00:00:00

In a strategic move to stimulate credit flow to vital sectors of the economy, Bangladesh Bank (BB) has announced a significant reduction in provisioning requirements for short term agricultural and small-scale enterprise credits, reports BSS.According to a directive issued on...

Automation drives productivity in cutting, knitting: Study

MONIRA MUNNI | 2025-12-22 00:00:00

Automation and technological upgradation have boosted productivity at the cutting and knitting levels of garment production, while high efficiency has been found in jackets in the product category, says a study. The Bangladesh Institute of Development Studies (BIDS) study conducted...

China's rare-earth magnet exports hit 2nd-highest ever in Nov

2025-12-22 00:00:00

China's exports of rare-earth magnets rose to the second-highest level on record in November, the first full month after the US and China agreed to streamline exports of the elements, reports Reuters. Exports hit 6,150 metric tons in November, according...

INT'L CONFERENCE ON 'GOVERNANCE IN THE DIGITAL ERA' HELD AT BARD

2025-12-22 00:00:00

A two-day international conference on 'Governance in the Digital Era for Peace and Prosperity' was held at the Bangladesh Academy for Rural Development (BARD). Prof Dr ABM Obaidul Islam, Vice-Chancellor of Bangladesh Open University, was present as the chief guest...

JANATA BANK HOLDS ALCO MEETING

2025-12-22 00:00:00

A meeting of the Asset Liability Management Committee (ALCO) of Janata Bank PLC was held at the bank's head office on Sunday, with the bank's Managing Director Mazibur Rahman in the chair. The bank's DMDs Fayez Alam and Ashraful Alam...

Thai rice prices hit seven-month high on China purchase deal

2025-12-22 00:00:00

Thailand's rice prices climbed to their highest in more than seven months, following a deal with China to buy Thai rice, while rates in India and Vietnam strengthened on higher demand, reports Reuters. Thailand's 5 per cent broken rice was...

Elon Musk becomes first person worth $700b

2025-12-22 00:00:00

NEW YORK, Dec 20 (Reuters): Tesla CEO Elon Musk's net worth surged to $749 billion late Friday after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that were voided last year, according to Forbes' billionaires index.Musk's 2018...

Morgan Stanley seen as front-runner for SpaceX IPO

2025-12-22 00:00:00

NEW YORK, Dec 21 (Reuters): Morgan Stanley is emerging as a leading contender for a key role in SpaceX's blockbuster initial public offering, as the bank's close ties to CEO Elon Musk give it an edge in his decision, according...

IFIPLC holds 369th board meeting

2025-12-22 00:00:00

The 369th meeting of the board of directors of Islamic Finance and Investment PLC (IFIPLC) was held at its head office in the city on Sunday. SM Bakhtiar Alam, Chairman of the board of directors of IFIPLC, presided over the...

Uttara Bank disburses agri loans

2025-12-22 00:00:00

Md Abul Hashem, Managing Director & CEO of Uttara Bank PLC, handed over cheques for agri credit amount among underprivileged, indigenous people recently. Md Rezaul Karim, Deputy Managing Director, Md Atiqur Rahman, Deputy General Manager & Zonal Head (Chattogram Zone),...

Renaissance Dhaka hosts shayari evening

2025-12-22 00:00:00

Renaissance Dhaka Gulshan Hotel hosted a soulful chapter of its signature global series, Evenings at Renaissance, through a special cultural edition titled Shayari Evening - a celebration where poetry, music, and emotion met in perfect harmony, says a press release.Rooted...

Shwapno again wins Best Brand award

2025-12-22 00:00:00

Shwapno has achieved the 6th position among the top 15 leading brands in Bangladesh, as recognised by the Bangladesh Brand Forum at the 17th Best Brand Award ceremony held at a hotel in Dhaka.At the same event, Shwapno was also...

Oman's Islamic banking assets rise to $24b on credit growth

2025-12-22 00:00:00

JEDDAH, Dec 21 (Arab News): Oman's Islamic banking assets climbed to about 9.2 billion Omani rials ($23.9 billion) by the end of October, underscoring steady expansion in the sultanate's financial sector as credit growth remains robust. Assets held by Islamic...

Dhaka bourse dips to one-month low amid rising political tension

FE REPORT | 2025-12-22 00:00:00

The benchmark index of the Dhaka Stock Exchange (DSE) fell to a one-month low on Sunday as jittery investors continued selling amid growing political concerns.Market analysts said investor sentiment had already been fragile following the merger of five banks and...

Monir Hossain makes history with 100-km marathon swim

ASAD ZAMAN | 2025-12-22 00:00:00

MANIKGANJ, Dec 21: Swimmer Monir Hossain has made history by non-stop swimming in a 100 kilometre marathon, held mostly in the Padma River.Monir started his swim from Paturia Ferry Ghat No. 2 on Friday evening and reached the Meghna River...

No miracle for England as Aussies retain Ashes

2025-12-22 00:00:00

ADELAIDE, Australia, Dec 21 (AFP): Dominant Australia collected the last four wickets they needed Sunday to win the third Test and retain the Ashes in just 11 days of cricket, crushing the dreams of a "hurting" England side who finally...

EU ambassador meets BFF to boost football partnership

2025-12-22 00:00:00

European Union (EU) Ambassador to Bangladesh Michael Miller on Sunday visited Bangladesh Football Federation for the event "Strengthening Partnerships Through Football", said a press release", reports BSS.During the visit, BFF had the honor of presenting EU Ambassador Michael Miller with...

BCB to hold small scale BPL opening ceremony in Sylhet

2025-12-22 00:00:00

The Bangladesh Cricket Board (BCB) is set to organise a small-scale opening ceremony for the inauguration of the Bangladesh Premier League (BPL) in Sylhet on December 26, reports BSS.Cultural programmes will be held either before the start of the match...

At least 16 files disappear from DOJ webpage for Epstein docs

2025-12-22 00:00:00

NEW YORK, Dec 21 (AP): At least 16 files disappeared from the Justice Department's public webpage for documents related to Jeffrey Epstein - including a photograph showing President Donald Trump - less than a day after they were posted, with...

Iran, UK foreign ministers hold phone call

2025-12-22 00:00:00

TEHRAN, Dec 21 (AFP): Iran's Foreign Minister Abbas Araghchi has spoken by phone with his British counterpart Yvette Cooper, an Iranian foreign ministry statement said on Saturday, in a rare case of direct contact between the two countries.The ministry said...

Nine killed, 10 injured

2025-12-22 00:00:00

BEKKERSDAL, Dec 21 (AFP): Nine people were killed when gunmen opened fire at a bar outside Johannesburg early Sunday, police said, in the second such shooting in South Africa this month.Ten more were wounded in the early morning attack at...

Proposals ‘won’t improve peace prospects’

2025-12-22 00:00:00

MOSCOW, Dec 21 (Reuters): Russian President Vladimir Putin's top foreign policy aide said on Sunday that changes made by the Europeans and Ukraine to U.S. proposals for an end to the war in Ukraine did not improve prospects for peace.The...

US, Qatar, Egypt, Turkey urge restraint in Gaza

2025-12-22 00:00:00

MIAMI, Dec 21 (AFP): The United States was joined Saturday by Qatar, Egypt and Turkey in urging parties in the Gaza ceasefire to uphold their obligations and exercise restraint, the chief US envoy said after talks in Miami.Top officials from...

Rise of digital marketing agencies

2025-12-22 00:00:00

It is time to recognise a simple truth. Bangladesh's business world is no longer shaped by billboards, TV commercials, or flyers. It is shaped by digital content. However, many companies still treat social media as a hobby instead of a...

Structural weaknesses behind NPL

2025-12-22 00:00:00

Bangladesh's banking sector is witnessing a sharp escalation in non-performing loans (NPLs). According to news report, some banks are currently reporting NPL ratios ranging from 50 per cent to 99 per cent, indicating severe structural and governance deficiencies. These high...