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14 missing, 23 rescued after migrant boat sinks off Malaysia

2026-05-13 00:00:00

KUALA LUMPUR, May 12 (AFP): A boat carrying 37 undocumented migrants believed to be from Indonesia sank off Pangkor island on Malaysia's west coast, leaving 14 people still missing, maritime authorities said.The Malaysian Maritime Enforcement Agency (MMEA) in Perak said...

Trump to undergo dental and medical exams on May 26

2026-05-13 00:00:00

WASHINGTON, United States, May 12 (AFP): US President Donald Trump is slated to have his annual dental and medical evaluations on May 26 at Walter Reed National Military Medical Center, the White House said Monday."This will include the President's routine...

Trump-Xi summit to focus on trade, Taiwan and Iran

2026-05-13 00:00:00

Chinese President Xi Jinping and US President Donald Trump are set to hold a closely watched summit, with both sides describing their recent ties as relatively stable while acknowledging that major challenges remain.Despite expectations of continued dialogue, analysts say the...

RUPALI BANK HOLDS MEETING ON CMSME LOAN DISBURSEMENT --

2026-05-13 00:00:00

RUPALI BANK HOLDS MEETING ON CMSME LOAN DISBURSEMENT A meeting was held at state-owned Rupali Bank PLC on Monday to strengthen loan disbursement activities in the CMSME sector. Managing Director Kazi Md. Wahidul Islam presided over the meeting held at...

JANATA BANK HOLDS BRANCH MANAGERS' CONFERENCE ------

2026-05-13 00:00:00

JANATA BANK HOLDS BRANCH MANAGERS' CONFERENCE A Branch Managers' Conference of Janata Bank PLC's Noakhali Divisional Office was held on Monday. Chairman of the bank's Board of Directors Md. Fazlur Rahman attended the event as the chief guest while the...

US CEOs seek China business gains from Trump-Xi summit

2026-05-13 00:00:00

BEIJING, May 12 (Reuters): From Meta to Tesla and BlackRock, the US business delegation for President Donald Trump's summit with Chinese leader Xi Jinping this week consists mainly of companies seeking to resolve business issues with the world's second-largest economy.More...

Oil prices jump on latest US-Iran peace process impasse

2026-05-13 00:00:00

LONDON, May 12 (Reuters): Oil prices rose by more than 3 per cent on Tuesday as stark differences between the US and Iran over a proposal to end the war in the Middle East pushed supply concerns back into the...

Meena Bazar hosts farmers' engagement programme

2026-05-13 00:00:00

As part of its continued commitment to food safety, sustainable sourcing, and strengthening Bangladesh's agricultural value chain, Meena Bazar recently hosted a special farmers' engagement programme involving 50 agricultural entrepreneurs from different regions of the country. The initiative was organised...

United Healthcare launches IERB

2026-05-13 00:00:00

United Healthcare Services Limited officially launched its first-ever Institutional Ethical Review Board (IERB) recently. The initiative aims to strengthen research activities among physicians, clinicians, and healthcare professionals at United Medical College Hospital, the flagship hospital of United Healthcare.The event was...

A delegation of representatives of Chinese technology and telecommunications companies, led by Chinese Ambassador Yao Wen

2026-05-13 00:00:00

A delegation of representatives of Chinese technology and telecommunications companies, led by Chinese Ambassador Yao Wen, held a meeting with Posts, Telecommunications and Information Technology Minister Faqir Mahbub Anam at his office at the Secretariat in Dhaka on Monday.

Ceiling fan having smooth sailing as an industrial sub-sector

Saif Uddin | 2026-05-13 00:00:00

Bangladesh is gradually achieving domestic production capacity in ceiling fans on the back of supportive industrial policies, and rising investment in light engineering and electrical appliances. Growing consumer confidence in locally made products provides a spur for this industrial sub-sector...

46 RMG units get recognition for workplace safety standards

FE REPORT | 2026-05-13 00:00:00

Some 46 readymade garment (RMG) factories in Bangladesh received formal recognition from RMG Sustainability Council (RSC) for ensuring minimum life safety standards at their respective workplaces.RSC Managing Director Abdul Haque and Chief Safety Officer (CSO) MD Hassan Nawazis on Tuesday...

Eastern Bank DPS now on bKash App

2026-05-13 00:00:00

Eastern Bank's monthly DPS service can be availed through the bKash app now, followed by other four banks and one financial institution. With the aim of making financial inclusion sustainable by leveraging mutual cooperation and capabilities in the financial sector...

TRUST BANK AND WATER.ORG LAUNCH WASH FINANCING PARTNERSHIP

2026-05-13 00:00:00

TRUST BANK AND WATER.ORG LAUNCH WASH FINANCING PARTNERSHIPTrust Bank PLC and Water.org formally launched their strategic WaterCredit collaboration through a ceremony held at a city hotel recently. The event was organised by the SME Division of Trust Bank PLC. Under...

Push for transparency in property sector

2026-05-13 00:00:00

FE REPORTEnsuring compliance in the country's real estate sector is crucial for establishing good governance and maintaining investor confidence, speakers said at a meeting held at the central bank on Tuesday.The views were shared during an exchange meeting between officials...

UNITED FINANCE SIGNS MOU WITH JAMS CONSTRUCTION

2026-05-13 00:00:00

UNITED FINANCE SIGNS MOU WITH JAMS CONSTRUCTION United Finance PLC and Jams Construction Limited have signed a Memorandum of Understanding (MoU) to provide streamlined and customer?centric home loan facilities for clients purchasing properties from Jams Construction. The MoU was signed...

Industrial term lending jumps 26pc in Q2

SAJIBUR RAHMAN | 2026-05-13 00:00:00

Disbursement of industrial term loans rose by over 26 per cent to Tk 312.47 billion during the October-December period of fiscal year FY 2025-26 over that of the previous quarter.The amount was Tk 247.71 billion in July-September quarter of FY...

Digital accounting catalyst for revenue growth

2026-05-13 00:00:00

The economy of Bangladesh,especially the formal economy,is steadily moving towards greater digitalisation, making transparent and efficient revenue mobilization and management more important than ever. Against such backdrop, the Institute of Chartered Accountants of Bangladesh and The Financial Express organised a...

'Vision has deep understanding of local customers' need and market dynamics'

Jubair Hasan | 2026-05-13 00:00:00

With the vision of competing with global brands in the rapidly growing market, Vision Electronics continues focusing on innovation, local manufacturing, quality assurance, and nationwide customer service to gain trust of the customers on locally-produced products.To achieve goal, it has...

A SWOT analysis on promising electronics industry

Jasim Uddin Haroon | 2026-05-13 00:00:00

Electronics and electrical-appliances industry is emerging as one of Bangladesh's fastest-growing manufacturing sectors, transforming a heavily import-dependent market into a sizeable domestic production base. The rising middle class, fast urbanisation and expanding electrification across the country, besides export prospects, provide...

SHAHJALAL ISLAMI BANK MARKS SILVER JUBILEE WITH THALASSAEMIA WORKSHOP-

2026-05-13 00:00:00

SHAHJALAL ISLAMI BANK MARKS SILVER JUBILEE WITH THALASSAEMIA WORKSHOPShahjalal Islami Bank organised workshop a on thalassaemia and a voluntary blood donation programme in association with Bangladesh Thalassaemia Hospital at the corporate head office of the bank as part of its...

Indian shares post worst drop in 6 weeks

2026-05-13 00:00:00

Indian stocks tanked on Tuesday, wiping off about $115 billion from the market value of firms listed on the National Stock Exchange, as fading hopes for a US-Iran deal worsened the outlook for Asia's third-largest economy, reports Reuters.The country of...

CONCORD ARCHITECTS SIGNS MOU WITH PUBALI BANK

2026-05-13 00:00:00

CONCORD ARCHITECTS SIGNS MOU WITH PUBALI BANK Concord Architects & Interior Decor Limited (CAIDL) has recently signed an agreement with Pubali Bank PLC at their head office. Under this agreement, Pubali Bank cardholders' clients are set to enjoy exclusive benefits...

BANK ASIA AWARDS EMPLOYEES FOR OUTSTANDING PERFORMANCE -

2026-05-13 00:00:00

BANK ASIA AWARDS EMPLOYEES FOR OUTSTANDING PERFORMANCE Bank Asia awarded its employees for their outstanding performance in achieving business targets in retail banking during the first quarter of 2026. The award-giving ceremony was held on Sunday at Bank Asia Tower,...

LafargeHolcim profit dips in Q1 after 34pc annual growth

FE REPORT | 2026-05-13 00:00:00

LafargeHolcim Bangladesh reported a 19 per cent year-on-year decline in profit to Tk 1.12 billion in the January-March quarter this year, weighed down by lower sales amid a challenging macroeconomic environment.The multinational cement producer posted earnings per share (EPS) of...

Govt weighs candidates for BSEC chief post

Mohammad Mufazzal | 2026-05-13 00:00:00

The government is expected to appoint a new chairman to the Bangladesh Securities and Exchange Commission (BSEC) soon, with an announcement likely this week.According to sources, Masud Khan, the current chairman of Unilever Consumer Care, is likely to become the...

The price of digital freedom in an era of deepfakes

Md Abdul Momen | 2026-05-13 00:00:00

In the bustling tea stalls of Dhaka and the hyper-connected digital corridors of Facebook and WhatsApp, a new kind of warfare is unfolding. It isn't fought with bullets, but with pixels and "deepfakes." As Bangladesh navigates a transformative political era...

Labour shortage and Rohingya population

2026-05-13 00:00:00

A concerning trend has recently emerged in Bangladesh's labour market, particularly within the manual labour sector. During the Boro harvest season in the haor regions, farmers are struggling to find enough workers to harvest submerged paddy, despite offering high wages....

Consumers' role during war and energy crisis

2026-05-13 00:00:00

The recent global tension involving Iran and the United States has become a matter of serious concern, and consumers also have an important role in this situation. Although the ripple effects of the conflict are being felt across the world,...

Aligning domestic policies with international trading practices

Wasi Ahmed | 2026-05-13 00:00:00

The question whether domestic policies alone can effectively boost trade is both timely and complex. To understand the impact and limitations of such policies, it is essential to consider them within the broader context of today's global trading environment-an environment...