The expansion of agent banking in Bangladesh has slowed, both in terms of outlets and agents, a development widely attributed to a new regulatory requirement aimed at increasing female participation in the sector. Bangladesh Bank data shows the number of new agent bankers fell from 16,019 in Decem
The first quarter (Q1) of the current fiscal year shows early signs of economic recovery, though overall growth remains sluggish, the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has said. "Improvements in exports, imports, inflation, and remittances have helped stabilise foreign-cu
The government has reviser the tax-revenue-collection target upward by Tk 540 billion to meet a growing need for internal resources to manage budget deficit. Debt service has become a major headache for the government as loans taken from foreign and domestic sources have reached an optimum level.
Commercial banks now can offer special rescheduling facility for up to 10 years with a two-year grace period to borrowers whose loans are classified as of November 30, under a generous government bailout package. In a major regulatory policy shift, the central bank issued Monday a circular relaxin
BNP Acting Chairman Tarique Rahman has warned that Bangladesh’s planned graduation from Least Developed Country (LDC) status in 2026 should not proceed without open debate, warning that such a major decision carries long-term economic consequences In a detailed Facebook post from London on M
Police have confirmed the death of a man from hacking at Dhaka Udyan in the capital’s Mohammadpur. Mohammadpur Police Inspector Mofiz Uddin said the victim, identified as Billal Hossain alias Babu, 26, was hacked in front of his home at 7:45pm. He was declared dead when taken to the hospita
Chattogram Port has recorded growth in both container and cargo handling in the first 10 months of the year, with improvements also seen in ship berthing time. The port authority said in a statement on Monday that about 2.85 million TEUs (20-foot equivalent units) of import and export containers w
Transparency International Bangladesh (TIB) has expressed deep concern over the arrest of Baul artiste Abul Sarkar in Manikganj and the mob attack on his supporters during a peaceful protest, warning that the incidents pose a serious threat to the country’s religious, social and cultural dive
Bangladesh Bank (BB) has further expanded the scope of policy support available to classified loan borrowers. All loans classified as adverse (defaulted) on upcoming November 30 will now be eligible for rescheduling under a special facility. This new concession aims to help restructure the busines
The authorities of Islamic University in Kushtia dismissed Professor Bikash Chandra Singh of the Information and Communication Technology department, citing unauthorized absence and breaches of institutional discipline. The decision was issued on Monday in an office order signed by acting registra
The author of a report that plunged the BBC into crisis said the broadcaster was not "institutionally biased", and he had hoped his criticisms would lead to improvements. Michael Prescott, a former editorial advisor, compiled a dossier on issues within BBC News, including failings in the editing o
Following a series of recent tremors, Chief Advisor Muhammad Yunus has said the government will form a taskforce on earthquake preparedness. He held an emergency meeting with experts and relevant officials on Monday. According to a statement from the Chief Advisor’s Office, the government w
