The wobbling equity market has experienced heightened volatility over the past three weeks, driven primarily by significant price erosion among market leaders, including Grameenphone. A combination of factors, including a decline in foreign portfolio investments, concerns over the viability of s
Yields on treasury bills (T-bills), particularly long-term ones, rose on Sunday as banks appeared reluctant to park excess liquidity in government securities ahead of the year-end closing. The cut-off yield on 91-day T-bills remained unchanged at 10.55 per cent, while the yield on 182-day T-bills
The Anti-Corruption Commission (ACC) on Sunday approved filing a case against the "Zaman Syndicate," linked to Nabil Group, and officials of S Alam Group, over a Tk 10.08-billion-loan fraud and money laundering at Islami Bank Bangladesh PLC's Pabna branch. According to the ACC, Md Aminul Islam, ma
Thailand has expressed strong interest in opening negotiations on a bilateral free-trade agreement with Bangladesh, a move that could significantly expand trade and encourage Thai investment, as Dhaka intensifies efforts to deepen economic and diplomatic engagement with South-east Asia. The newly-
Chief Justice (CJ) Dr Syed Refaat Ahmed on Sunday said that during certain political periods, the judiciary was perceived as an undeclared accomplice to unconstitutional exercises of power, misrule, and state hypocrisy. "In Bangladesh's progress, many distinguished judges have earned deep respect
An intelligence agency has warned of a high possibility of widespread labour unrest and instability in the readymade garment (RMG) sector, the country's largest export industry and employer of around four million workers, ahead of the national elections. The National Security Intelligence (NSI)
Bangladesh Railway (BR) plans to take on 19 new projects, including two on the Dhaka-Chattogram corridor involving Tk 333.08 billion, to improve the train-movement capacity of its eastern and western zones. It has already spent over Tk 100 billion on developing double lines on the 321km Dhaka-Ch
A government move gets underway for revising the fee structure for state guarantees against both foreign and domestic loans to introduce a risk-based pricing mechanism to reduce fiscal exposure and strengthen financial discipline in borrowing institutions. Officials say the move is intended
The Election Commission (EC) has ordered an immediate halt to early campaigning for the parliamentary elections. It also instructed authorities to ensure compliance with the election code of conduct at religious, social and national programmes. The EC issued the directive to all returning officer
Marriage cannot absolve singer Mainul Ahsan Noble of rape charges, Demra Police Inspector Murad Hossain has said. Murad, the investigating officer, submitted a charge sheet against the musician on Nov 29, accusing him of raping the complainant, filming the assaults and physically abusing her while
The Inqilab Moncho platform spokesperson Sharif Osman bin Hadi, who was shot in the head by assailants, will be flown to Singapore on Monday, the Chief Advisor’s Office has confirmed. On Sunday, Muhammad Yunus’s office said Hadi, a potential independent candidate for the Dhaka-8 consti
The findings of a new study conducted by the Global Labor Institute (GLI) of Cornell University, USA could trigger both optimism and concern. The study suggests investing in climate adaptation can help Bangladesh fetch US$122.01 billion in apparel exports by the year 2030. On the flip side, however
