- Protesters extend 'Dark Indonesia' rally against Prabowo's policies
- Abu Sayeed dispels fear from hearts of Bengalese with life: Mahmudur Rahman
- Cook Islands announces deep sea minerals deal with China
- Bangladesh also walks out during Israeli speech at Global Ministerial Conference
- Early wicket loss against India an accident: Razzak
- Attempts being made to hijack revolution to come to power: Amir Khasru
- Zelensky 'not ready' to sign minerals deal with US: source
- BNP’s goal is to establish government of the people: Mintoo
- Hamas hands over 6 hostages to Red Cross
- England makes highest team total as Duckett hits 151 in Champions Trophy
- EC suspends six employees over NID fraud
- CEC wants to hold elections like the Eid festival
- None can survive by means of corruption: Shafiqur Rahman
- AP sues three Trump administration officials
- Environmental protection will shape our future: Rizwana
- Israeli forces kill two Palestinian teenagers
- Disney’s 'Snow White' live-action remake drops motion poster
- Vietnam govt approves $8.36B railway project to China
- Creatinine levels: the silent indicator of kidney health
- No load shedding during Ramadan, summer, says energy advisor
Central bank increases prices of gold-silver commemorative coins
The central bank of Bangladesh has announced a price increase for its commemorative gold and silver coins, effective immediately. According to a press release from the Department of Communications and Publications, the adjustment comes in response to the rising prices of gold and silver in both the...
Bangladesh receives Tk 16,000 crores in remittances in 15 days
In the first 15 days of February, expatriate Bangladeshis sent a total of 131 crore 23 lakh 30 thousand US dollars in remittances through legal channels, amounting to 16,000 crore Bangladeshi Taka (at an exchange rate of 123 Taka per dollar). This translates to a daily average of 8.74 million...
Country saw record mobile banking transactions in December
Mobile banking transactions in Bangladesh reached a record high in December, 2024 with a total transaction volume of Tk 1,64,740 crore, reports UNB. This marks the highest monthly transaction amount in the history of mobile financial services (MFS) in the country, according to the latest report...
'Reducing inflation: Biggest challenge for Interim Government'
Finance Adviser Dr. Salehuddin Ahmed said inflation has risen due to the disrupted stock and supply of various essential commodities, including rice, adding that the biggest challenge for the Interim Government is to reduce inflation, and it will take at least three more months for it to reach a...
Israeli drone strike in West Bank kills 10 Palestinians
An Israeli drone strike on a village in the occupied West Bank has killed at least 10 Palestinians and injured several others as the regime has intensified its military assault in the region since a ceasefire took effect between Israel and Hamas in Gaza, Press TV reported. The Palestinian...
Central bank lifts restrictions on bankers' foreign travel
In a significant policy shift, Bangladesh Bank has removed all restrictions on the foreign travel of bank officials. From now on, bankers will no longer need prior approval from the central bank to travel abroad. The new directive, issued in a circular on Sunday, allows bank officers to travel for...
Court orders freezing 77 bank accounts of Hasan Mahmud, his family
The Metropolitan Sessions Judge Court on Thursday ordered the authorities concerned to freeze 77 bank accounts of former foreign minister Dr Hasan Mahmud and his family members. The Senior Special Judge of the court passed the order to freeze those accounts of Dr Hasan Mahmud, his wife Nuran...
Dollar price dearer despite record remittance inflows
Despite record remittance inflows, the price of the US dollar remains high. The value of the dollar is still over the top in the kerb market. The price has risen further over the past week. In some places in the kerb market, the exchange rate stands at Tk 129 per dollar. Although remittance...
Economy stuck in quicksand of crisis
The new year ushers in a deepening economic crisis, exacerbated by money laundering, corruption, mismanagement, and looting. Economists and analysts warn that persistent challenges, such as stagnation in business and trade, labor unrest, declining investment and employment, massive defaults on...
Swiss central bank faces call to hold bitcoin in reserves
A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative published by the Swiss federal chancellery on Tuesday. The initiative proposes changing the law to make the Swiss central back hold part of its reserves in gold and bitcoin, reports Reuters....
Media trials allegedly used to destroy economy
A domestic and foreign conspiracy is being blamed for efforts to destabilize countrys economy, particularly targeting the banking sector and private industries. A group, disguised as patriots, is reportedly behind a media campaign designed to damage key financial institutions, with some experts...
Maysaa Sabrine becomes first woman to lead Syria’s central bank
Syrias new leaders have chosen Maysaa Sabrine, who was previously a deputy governor at the Syrian central bank, to become the head of the bank. She is the first woman to hold this position in the banks over 70-year history, according to a senior Syrian official,reports Al jazeera. Sabrine has...
Interim govt increases reserves, activates banking sector: Jamaat Ameer
Jamaat-e-Islami Ameer Dr. Shafiqur Rahman has acknowledged improvements in Bangladeshs foreign exchange reserves and the gradual activation of the banking sector under the current interim government. However, he urged the government to play a more active role in revitalizing the economy, stating...
10 Banks in Crisis, culprits remain out of reach
The banking sector in Bangladesh is grappling with severe turmoil, plagued by a series of irregularities, including loan scams, defaults, and currency laundering. Among the institutions most affected, 10 banks are in particularly fragile conditions, with the culprits behind these financial crimes...
Australia takes HSBC to court over neglecting scam victims
Australias corporate regulator has filed a lawsuit against the local affiliate of global banking giant HSBC, alleging it failed to properly address approximately 950 reports of customers losing close to, or more than, a million dollars, reports Reuters. The Australian Securities and Investments...
BB raises age limit for bank job applicants
Bangladesh Bank (BB) has announced a new age limit for entry-level positions in banks, aligning it with the governments updated age limit for public sector jobs, reports UNB. In a notification issued by Mohammad Shahriar Siddiqui, Director of Bangladesh Banks Banking Regulation and Policy...
Banks and shops re-open in Damascus
When opposition fighters entered Damascus on December 8, they announced a curfew at night, and state and public institutions stopped their services, reports Al Jazeera. But on the third day after the regimes collapse, banks and bazaars have reopened and life has begun to return to normal. The...
BFIU asks all banks for account details of Hasina, Rehana
The Bangladesh Financial Intelligence Unit (BFIU) has ordered all the banks to submit information on the bank accounts of former prime minister Sheikh Hasina and her sister Sheikh Rehana, reports The Business Standard. In an order issued on Tuesday, the central bank agency ordered all the banks...
Bank account freezes must follow legal process: Abdul Awal Mintoo
Prominent businessman and former FBCCI president Abdul Awal Mintoo criticized the recent freezing of bank accounts, calling the practice not legally valid. Speaking at the Economic Reporters Forum (ERF) in Paltan on Monday, he emphasized that such actions should strictly follow due legal process...
US Fed officials see inflation fight on track
The US appears on track to hit its long-term target of two percent inflation despite a recent uptick, three Federal Reserve officials said Monday, with one indicating tentative support for another rate cut this month. The US central bank has been on a journey since the Covid-19 pandemic, hiking...
BDT 2.34 trillion stashed in the pockets of bank directors
The banking sector of the country suffered the most during the tenure of the previous government, a fact highlighted in the White Paper Committees report. Allegations have been made regarding the involvement of several bank chairmen in undermining the sector, including claims of collusion....