FE Today Logo
Search date: 04-06-2026 Return to current date: Click here

Electricity tariff hike threatens to squeeze earnings across industries

A fresh increase in electricity prices is expected to put significant pressure on major sectors listed on the stock market, raising concerns over corporate profitability, inflation and overall economic growth.The government on Wednesday raised the weighted average retail electricity tariff by 16.68 per cent to Tk 10.63 per unit, while...

Read more

DSEX posts highest turnover in 9 months

The Dhaka Stock Exchange (DSE) witnessed its highest turnover in nine months on Wednesday, with transactions reaching Tk 12.79 billion, as the market remained buoyant for the eighth consecutive session on the back of supportive measures promised by the government.The secondary market had last seen a higher turnover - Tk...

Read more

HSBC recognised as Best Service Provider in trade finance

The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has been recognised as the Best Service Provider in trade finance in Bangladesh at The Asset Triple A Treasurise Awards 2026, one of Asia's most prestigious awards programmes for treasury, trade, supply chain and transaction banking services, according to a press...

Read more

MTB FOUNDATION OBSERVES WORLD MENSTRUAL HYGIENE DAY-

To observe World Menstrual Hygiene Day 2026, MTB Foundation, in partnership with Abinta Kabir Foundation School, celebrated this year's theme 'Together for a #PeriodFriendlyWorld' by distributing 'nutrition packs' to the underprivileged female students of the school. The nutrition packs were handed over by Samia Chowdhury, chief executive officer, MTB Foundation,...

Read more

JAMUNA BANK MARKS 25TH ANNIVERSARY

Jamuna Bank marked the completion of 25 years of its journey through a hybrid arrangement, which included doa mahfil held at the head office as well as at all branches and sub-branches across the country. Al-Haj Nur Mohammed, chairman of Jamuna Bank Foundation, members of the board of directors, Mirza...

Read more

Alliance Finance signs agreements with BB to support CMSME clients

Alliance Finance PLC, a joint venture finance company between Sri Lanka and Bangladesh, has signed an agreement with Bangladesh Bank (BB) recently under the Tk 30 billion Cluster Financing Scheme to support CMSME entrepreneurs in Bangladesh. Under the scheme, eligible clustered businesses will receive term loans and working capital at...

Read more

High-profile Instagram AI chatbot breach spotlights security risks of automation

An Instagram hack that saw attackers talk Meta's AI support chatbot into handing over access to high-profile accounts has exposed a critical flaw at the heart of the company's push to automate sensitive user functions, reports Reuters.The breach allowed hackers to seize accounts including the dormant Obama White House page,...

Read more

Applied Aerospace & Defense raises $650 million in US IPO

Private equity-backed government contractor Applied Aerospace & Defense said on Tuesday it had raised $650 million in its US initial public offering after pricing shares at $20 each, reports Reuters.The Huntsville, Alabama-based company sold 32.5 million shares within its indicated price range of $18 to $21 apiece.Defense technology firms are...

Read more

Indian shares trim losses on foreign inflow hopes

Indian shares pared some of their intraday losses on Wednesday on reports of likely government measures to stem the rupee's slide, attract foreign bond investors, and review the long-term capital gains tax, reports Reuters.However, a pullback in IT stocks after a recent rally and rising oil prices kept markets in...

Read more