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Sabbir Hossain joins Bank Asia as AMD

2026-01-02 00:00:00

Md. Sabbir Hossain, a seasoned banker with extensive banking experience, has joined Bank Asia as additional managing director (AMD) and chief operating officer (COO), effective from January 01.Mr. Hossain brings with him more than three decades of successful banking experience,...

Dire year for dollar has little light at end of tunnel in 2026

2026-01-02 00:00:00

NEW YORK, Jan 1 (Reuters): A dismal year for the US dollar is ending with signs of stabilization, but many investors believe the currency's decline will resume next year as global growth picks up and the Fed eases further.The US...

Bangladesh stock market opens 2026 on positive note

FE REPORT | 2026-01-02 00:00:00

After a challenging year, the stock market entered the New Year on high hopes, as bargain hunters placed fresh bets on lucrative stocks on Thursday amid renewed optimism.Market analysts said investors' optimism over evolving political developments offered some relief to...

IDRA overhauls CEO appointment rules to end leadership vacancies

FE REPORT | 2026-01-02 00:00:00

The insurance sector regulator has amended rules to ease the appointment of chiefs to insurance companies, as the earlier eligibility criteria were tough to meet.Insurance company representatives have welcomed the amendment to the Insurance Company (Chief Executive Officer Appointment and...

GTCL HOLDS 32ND ANNUAL GENERAL MEETING

2026-01-02 00:00:00

The 32nd annual general meeting (AGM) of Gas Transmission Company Limited (GTCL) was held in the Board Room of the company's head office in Dhaka recently. Dr Md Hafizur Rahman Bhuiyan, Chairman of the GTCL Board of Directors, chaired the...

Dr Shadi gets Global NRB Award

2026-01-02 00:00:00

Managing Director of Notundhora Group Dr Md Shadi-Uz-Zaman has been awarded 'Global NRB Awards 2025' in the category of 'Visionary leadership in real estate & community development'. He received the award from Bangladesh Bank Governor Dr Ahsan H Mansur at...

Higher US tariffs on imported furniture take effect

2026-01-02 00:00:00

WASHINGTON, United States, Jan 1 (AFP): Steeper US tariffs on some imported furniture items took effect Thursday, in a move that could add pressure on households already feeling the pinch from elevated costs of living.The increase was planned under an...

USDA details $12b farm aid package favouring rice, cotton

2026-01-02 00:00:00

CHICAGO, Jan 1 (Reuters): The US Department of Agriculture released details on Wednesday about how much row crop farmers will receive next year from a $12 billion aid program, but soybean growers say such payments fall short of helping those...

Silver shines in 2025 global market spotlight

2026-01-02 00:00:00

SINGAPORE, Jan 1 (Reuters): Precious metals were the standout performers among commodities last year, with silver outperforming most major equity indexes and currencies, while gold hit record highs on economic and geopolitical risks.Industrial metals also made strong gains in 2025,...

China to impose extra 55pc tariffs on some beef imports

2026-01-02 00:00:00

BEIJING, Jan 1, 2026 (BSS/AFP) - China said on Wednesday it will impose additional 55 percent tariffs on some beef imports from countries including Brazil, Australia and the United States that exceed a certain quantity from January 1.The price of...

BASIC Bank expresses deep shock at Khaleda Zia's death

2026-01-02 00:00:00

The Board of Directors of BASIC PLC, a state-owned commercial bank, expressed deep shock and grief at the death of Begum Khaleda Zia, former prime minister of Bangladesh who served the nation for three times.A condolence resolution was unanimously adopted...

Sammilito Islami Bank starts restoring customer access

2026-01-02 00:00:00

Banking operations returned to normal on Thursday as five troubled Islamic banks in Bangladesh officially merged under a single entity, Sammilito Islami Bank, allowing depositors to access their funds after months of uncertainty, reports UNB.The consolidation, effective from the start...

Humayun Kabir becomes SAFA President

2026-01-02 00:00:00

Mohammed Humayun Kabir, former president of the Institute of Chartered Accountants of Bangladesh, has recently been appointed as President of South Asian Federation of Accountants (SAFA) for the year 2026.On the other hand, Probin Kumar Jha from the Institute of...

Govt expects 143 mmcfd gas from 11 wells

2026-01-02 00:00:00

As part of its efforts to meet the country's growing energy demand, Petrobangla is working to supply 143 million cubic feet per day (mmcfd) of gas through the exploration and workover of 11 wells in different gas fields, reports BSS."Upon...

Ctg Port breaks all previous records in 2025

NAZIMUDDIN SHYAMOL | 2026-01-02 00:00:00

CHATTOGRAM, Jan 01: Chittagong Port, the maritime gateway of Bangladesh, has achieved a historic milestone by handling the highest number of containers in 2025.The prime seaport handled a total of 3.40 million (34,09,069) TEUs (20-foot equivalent units) of containers, 138.15...

Govt lowers mobile handset duties from 25pc to 10pc, enforces NEIR

FE REPORT | 2026-01-02 00:00:00

The government has slashed customs duty on mobile phone imports from 25 per cent to 10 per cent, marking a nearly 60 per cent reduction, as the National Equipment Identity Register (NEIR) officially came into operation on Thursday.The decision was...

Biman decides to buy 14 aircraft from Boeing

FE REPORT | 2026-01-02 00:00:00

The Biman Bangladesh Airlines authorities have decided, in principle, to purchase 14 aircraft from the US aviation giant Boeing. The decision was taken at the board meeting of the state-run airlines on Tuesday (December 30), according to a statement, issued...

128 journalists killed worldwide in 2025

2026-01-02 00:00:00

BRUSSELS, Jan 01 (AFP): A total of 128 journalists were killed around the world in 2025, more than half of them in the Middle East, the International Federation of Journalists (IFJ) said Thursday.The grim toll, up from 2024, "is not...

Taiwan’s president pledges to defend island’s sovereignty over China’s military drills

2026-01-02 00:00:00

TAIPEI (Taiwan), Jan-01 (AP): Taiwanese President Lai Ching-te on Thursday vowed to defend the self-ruled island's sovereignty in the face of China's "expansionist ambitions," days after Beijing wrapped up live-fire military drills around the island."In the face of China's rising...

Israeli bulldozers demolish Palestinian homes in West Bank refugee camps

2026-01-02 00:00:00

WEST BANK, Jan 01 (Agencies): Palestinians in the Israeli-occupied West Bank watched as Israeli military bulldozers tore down their homes Wednesday in Nur Shams refugee camp, part of an almost year-long campaign in northern West Bank camps.Since early 2025, Operation...

Around 40 killed, 100 injured in explosion in Swiss ski resort bar

2026-01-02 00:00:00

CRANS-MONTANA, Switzerland, Jan-01 (Agencies): Around 40 people have been killed and 100 injured, most of them seriously, after an explosion tore through a crowded bar during a New Year's Eve party in the upscale ski resort of Crans-Montana, Swiss officials...

Mamdani takes over as New York mayor under Trump shadow

2026-01-02 00:00:00

NEW YORK, Jan 01 (AFP): Zohran Mamdani, the young upstart of the US left, was sworn in Thursday to take over as New York mayor for a term sure to see him cross swords with President Donald Trump.After the clocks...

Putin wishes Russians victory in Ukraine

2026-01-02 00:00:00

MOSCOW, Jan 01 (Agencies): President Vladimir Putin urged Russians to believe in victory in Ukraine during his annual New Year's Eve address on Wednesday, as his country marked the holiday at war for the fourth year running.His speech-which lasted just...

Festival or danger

2026-01-02 00:00:00

The Thirty-first Night is meant to be a night of joy and celebration. As we bid farewell to the old year and welcome the new, it symbolises happiness, hope and anticipation. Yet the unfortunate reality is that the joy of...

Why Bangladesh must embrace risk-based supervision

2026-01-02 00:00:00

The Risk-Based Supervision (RBS), to be implemented from 01 January 2026, is likely to be the most vital lifeline for the banking sector in Bangladesh in the coming days. The banking sector is currently struggling hard with the non-performing loan...

No escape from Dhaka's air pollution!

Shiabur Rahman | 2026-01-02 00:00:00

While celebration of the year 2026 began earlier in some countries like New Zealand and Australia, Dhaka began its journey into the New Year with the dubious tag of one of the most polluted cities in the world. Breathing outdoors...

Welcome year 2026

Nilratan Halder | 2026-01-02 00:00:00

An eventful year marked by tumultuous national developments and international conflicts raising at times the spectre of a World War III has just passed. The world has already welcomed the New Year with open arms in the hope that the...

Areas of non-existent workplace safety

2026-01-02 00:00:00

Workplace safety has long been a matter of serious concern but recent developments suggest that the situation has further deteriorated. Accidents and deaths arising from hazardous working conditions and compounded by persistent negligence in enforcing safety standards have cast a...

AGRANI BANK BOARD CONDOLES DEATH OF KHALEDA ZIA

2026-01-01 12:00:00

The Board of Directors of Agrani Bank PLC has expressed deep shock at the death of Begum Khaleda Zia, the first female prime minister of the country and also BNP chairperson. The Board held a doa session at the head...

KHALEDA ZIA: THE FINAL SEND-OFF

2026-01-01 00:00:00