The term for the first Bangladesh Government Investment Sukuk, valued at Tk 80 billion (Tk 8,000 crore), which was issued against the “Safe Water Supply Across the Country” project, has been extended by an additional five years. Bangladesh Bank in a press release on Sunday informed thi
Bangladesh Road Transport Authority (BRTA) Chairman Abu Momtaz Saad Uddin Ahmed today said no one will be issued a driving license without completing mandatory 60 hours of training. “From now on, 60 hours of mandatory training must be completed to obtain a driving license, as the government
As part of corporate social responsibility, Bank Asia has established a modern two-tier solar-powered irrigation project in Pirgacha, Rangpur, aimed at supporting marginal farmers by ensuring an adequate water supply for agriculture. According to a press release, the initiative has been implemente
Community Bank Bangladesh PLC has signed a ‘Participatory Agreement’ with Bangladesh Bank to join the Refinance Agreement under the Small and Medium Enterprise Development Project–2 (SMEDP-2), aimed at strengthening SME financing and expanding access to credit for small and medium
Switzerland on Sunday overwhelmingly rejected a proposed 50 per cent tax on inherited fortunes of 50 million Swiss francs ($62 million) or more, with 78 per cent of votes against the plan, an outcome that even exceeded the two‑thirds opposition indicated in polls. Bankers have watched the vote clo
Metro rail services were suspended temporarily on Saturday night after two individuals climbed onto the roof of the Bangladesh Secretariat Station, authorities said. In a statement, the Dhaka Mass Transit Company Limited (DMTCL) informed passengers that train movement had been halted as a precauti
A meeting of the Shari’ah Supervisory Council of Islami Bank Bangladesh PLC was held on Sunday at Islami Bank Tower, according to a press release. Mufti Sayeed Ahmed, Chairman of the Council presided over the meeting. Md. Omar Faruk Khan, Managing Director of the bank, Prof. Dr. Abu Bakr Raf
The Commission, formed to reinvestigate the 2009 BDR massacre, the brutal massacre committed in the name of BDR mutiny submitted its report to Chief Adviser Prof Muhammad Yunus on Sunday, noting that then PM Sheikh Hasina had a ‘green signal’ for the entire incident to take place while
Australia's Travis Head says he is prepared to open the batting once more against England during the ongoing Ashes series after his second innings display in the first Test in Perth last week led the home side to an eight-wicket victory over the tourists. Head smashed a century in 69 balls, the se
Foreign Advisor Touhid Hossain has offered a markedly different account from that of the Chief Advisor’s Press Secretary Shafiqul Alam over the possibility of India beginning extradition proceedings with Asaduzzaman Khan Kamal “very soon”. Speaking in Dhaka on Sunday, Touhid ment
Pubali Bank PLC has collaborated with MasterCard to introduce an exclusive portfolio of credit cards designed to deliver enhanced convenience, secure payments and premium lifestyle benefits. According to a press release, this collaboration marks Pubali Bank’s first-ever alliance with MasterC
Sri Lanka’s death toll from Cyclone Ditwah climbed to 212 with 218 missing, officials said on Sunday, as flood waters breached a dam and rescue operations continued into a fourth day. Nearly a million people are impacted by heavy rains and floods that swept through large parts of the south A
