- Mobile users to get 1GB free internet on July 18
- 16 senior police officials transferred
- CA directs to complete election preparations by Dec: Press Secretary
- SSC results to be published tomorrow
- Expats to become voters in 5 more countries including US
- Two pilots killed as Indian fighter jet crashes
- One more dies of dengue in 24 hrs
- Bridge collapse in India’s Gujarat kills nine
- Tarique stands beside cancer-stricken mother of Ritu Porna Chakma
- Tapes reveal Trump's bomb threat against Russia, China
- US pouring $1.5b into building air bases in Israel: Report
- Water level in Gomti rising; alert issued for riverbanks people
- Hasina will surely face due justice in Bangladesh: Law Adviser
- Nature of dengue changed, intensive care needed for patients: DG Health
- 8 remanded in triple murder case in Cumilla's Muradnagar
- The 36 days that jolted the nation
- Bangladesh seek redemption in T20 series against Sri Lanka
- Bangladesh led resolution on climate change adopted in Human Rights Council
- Pakistan’s ANP vows strong opposition against attempts to reverse 25th constitutional amendment
- Reaffirmed hostages release, Hamas defeat in Trump talks: Netanyahu
Business and trade suffer amid central bank's policy vacuum
Bangladeshs business and investment sectors remain in a state of inertia, largely due to the central banks weak policies, delayed implementation, lack of inter-departmental coordination, and a glaring absence of transparency. The benefits of its initiatives have not materialisedleaving...
Bank accounts emptied before seizure, immovable assets untouched
Lotus Kamal the fortuitous Awami League figure fled the country with empty bank accounts just before Sheikh Hasinas downfall. Though he left behind at least 37 flats, apartments, and houses in Dhaka and Cumilla, none of his immovable assets have been seized. The Anti-Corruption Commission (ACC)...
Bank holiday: Transactions, stock markets to remain suspended Tuesday
All banking transactions and trading activities at the countrys two stock exchanges will remain suspended on Tuesday due to a Bank Holiday, reports UNB. As per the Bangladesh Banks annual holiday calendar, July 1 and December 31 are designated as Bank Holidays, observed for the purpose of...
Businesses face collapse as loan support file stuck in red tape
Even after five and a half months of forming a committee to assist with large loans, there has been no substantial progress. Time is being spent on verification. Although 1,253 applications have been submitted during this period, the committee has only reviewed about 100 of them. Yet, not a single...
ADB approves $500 million loan for Bangladesh banking sector reform
The Asian Development Bank (ADB) on Thursday approved a $500 million policy-based loan to stabilize and reform the banking sector in Bangladesh by strengthening regulatory supervision, corporate governance, asset quality, and stability, reports UNB. The Stabilizing and Reforming the Banking...
Central bank governor’s strategic leadership restoring discipline to troubled banking sector
The appointment of economist Dr Ahsan H Mansur as the new Governor of Bangladesh Bank has brought a renewed sense of hope for a financial sector that has long been plagued by mismanagement, politicisation, and a deep erosion of public trust. With his experience at the International Monetary Fund...
Number of crore-taka bank accounts drop in Q1
The number of bank accounts in Bangladesh with deposits of at least Tk 1 crore fell by 719 in the first quarter (Q1) of 2025, reversing a previous upward trend, according to Bangladesh Bank data. Industry insiders attribute the decline to heightened anti-corruption efforts by the interim...
WB approves $250m to boost efficiency in Bangladesh public sector
The World Banks Board of Executive Directors has approved $250 million financing to strengthen public sector performance in Bangladesh by promoting transparency, accountability, and efficiency across key government agencies. The Strengthening Institutions for Transparency and Accountability...
Mental health tops list in preventing dementia, heart disease, study finds
A landmark study published in Nature Communications Medicine reveals that maintaining a healthy lifestyleespecially good psychological well-beingdramatically reduces the risk of both cardiovascular disease (CVD) and dementia. The research, based on data from over 350,000 participants in the UK...
Duty-free bank deposit threshold proposed to Tk 3 lakh
In a move aimed at providing relief to small savers, Finance Adviser Salehuddin Ahmed has proposed raising the duty-free threshold on bank deposits to Tk 3 lakh in the national budget for the fiscal year 202526 (FY26). If approved, individuals with bank deposits of up to Tk 3 lakh will be exempt...
New designs of six banknotes handed over to CA
Bangladesh Bank Governor Ahsan H Mansur on Monday handed over the images of six newly designed banknotes to Chief Adviser Professor Muhammad Yunus. Governor Dr Mansur was accompanied by Finance Adviser Salehuddin Ahmed, Law Adviser Asif Nazrul, Chittagong Hill Tracts Affairs Adviser Supradip...
Microsoft’s Russia unit to file for bankruptcy, database shows
One of Microsoft Corps subsidiaries in Russia plans to file for bankruptcy, according to a note published on the official Fedresurs registry on Friday. Microsoft did not immediately respond to an emailed request for comment, reports Reuters. President Vladimir Putin said this week that...
Agricultural credit recovery increases by 8pc in July-March
The recovery of agricultural credits has increased by 8 per cent during the first nine months of the current fiscal year 2024-2025 (FY25) compared to the same period of the previous fiscal, reports BSS. In July-March of FY25, the recovery of agricultural credit by all scheduled banks increased...
6 banks to be merged
Bangladesh Bank Governor Ahsan H Mansur announced plans to merge six financially weakened banks by July this year due to irregularities and loan fraud. The central bank will temporarily place these banks under government ownership to stabilise the sector. Banks that have been audited will be...
Reserves increasing, relief in dollar market
The country appears to have overcome its months-long dollar crisis, as remittance inflows surge and foreign exchange reserves climb, offering relief to the banking sector and importers. Banks are no longer facing shortages of US dollars, central bank officials said Wednesday. Instead, Bangladesh...
Court freezes 9 bank accounts of ex-minister Razzaque, family members
A Dhaka court on Wednesday ordered to freeze nine bank accounts of former agriculture minister Mohammad Abdur Razzaque, his wife Shirin Akter Banu and daughter Farzana Akter Tanya over graft allegations, reports BSS. Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib passed the...
China's central bank cuts two key rates to historic lows
Chinas central bank on Tuesday cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the United States. Beijing and Washington have been locked in a bruising trade war but last week agreed to slash sweeping tariffs on each others...
Nabil Group robbing banks in BEXIMCO style
Repaying old loan instalments with new loan money was BEXIMCO Group owner Salman F Rahmans favourite practice. He was adept at abusing political power to fry fish using oil extracted from that very fish. Now, apparently Aminul Islam (Swapon), managing director of Rajshahi-based Nabil Group, has...
Rising interest rates fuel over 8.51% growth in bank deposits
Deposits in the countrys banking system have increased notably, suggesting renewed public confidence after months of uncertainty triggered by inflation, political instability, and irregularities. As of March 2025, total deposits in the countrys banking sector stood at around Tk18,18,143 crore,...
Investment freeze as interest hikes, instability shake business confidence
High interest rates and limited access to affordable financing and ongoing political instability are burdening start-ups, small businesses, and large corporations alike, limiting their capacity to invest in infrastructure, modernise technology, or scale up production. This financial pressure...
Export industries in turmoil due to gas and banking crises
President of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), Mohammad Hatem, has said that the countrys export-oriented manufacturing sector is in deep crisis due to persistent gas shortages and disruptions in the banking system. In an interview with Bangladesh Pratidin,...
Thailand to verify 700,000 foreign mobile Numbers, risking banking service termination
Thai authorities are set to verify the registration details of 700,000 mobile phone numbers linked to foreign subscribers before deciding whether to terminate their mobile banking services in June, according to the Minister of Digital Economy and Society (DES). DES Minister Prasert...
WB predicts growth to 3.3% in FY2024-25
The World Bank (WB) has predicted economic growth of 3.3 percent for the current fiscal 2024-25, down from its January forecast of 4.1 percent due to the political uncertainty and persistent financial challenges. Released on Wednesday, in its latest South Asia Development Update, the World Bank...
UAE visa cancellation does not lead to automatic bank account freeze
A wife questioned, My husband lost his job recently, and as per the rules, he has 30 days to leave the country. If his work visa is cancelled, can he continue using his bank account? He is currently looking for another job, and we would want to keep the same account. The answer is based on the...