- 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
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...
Defaulted loans threaten financial sector
The Finance Division believes that the countrys financial sector is at significant risk due to defaulted loans. According to sources the default rate stood at 6.12% in December 2011, and it surged to 16.93% by December 2024. Additionally, mismanagement and corruption in the sector under the...
Marico’s price limit lifted; declares 440% interim dividend
Dhaka Stock Exchange (DSE) has announced that there will be no price limit on the trading of Marico Bangladesh shares on Tuesday, following its corporate declaration. The Board of Directors of Marico Bangladesh has declared an interim cash dividend of 440 percent, equivalent to BDT 44 per share...
Half of UAE residents spend more than they earn
A recent survey has revealed that just over half of UAE residents50.46 per centspent more than they earned in the past year. Conducted by the financial technology platform Yabi, the Financial Health Report 2024 highlights significant challenges in financial security and planning among residents,...
Crisis deepens as debt discipline remains absent
Bangladesh is grappling with a mounting financial crisis, marked by escalating government debt and surging defaulted loans. The governments total debt now stands at an alarming Tk 20.49 trillion, with domestic debt comprising Tk 10.20 trillion and foreign debt totaling Tk 10.13 trillion, equivalent...
UK central bank's Bailey warns of economic nationalism risks
Bank of England Governor Andrew Bailey has urged global financial leaders, particularly the United States and China, to resist economic nationalism. In a speech released ahead of Donald Trumps inauguration as U.S. president, Bailey emphasized the importance of international cooperation in...
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...
Court imposes travel ban on Sayeed Khokon, his family
The Dhaka Metropolitan Sessions Court has imposed a travel ban on former Dhaka South City Corporation Mayor Mohammad Sayeed Khokon, along with his mother Shahana Hanif, wife Farhana Sayeed, and brother Javed Ahmed. The decision follows a request by the Anti-Corruption Commission (ACC) during a...
Bangabandhu Satellite-2 allegedly against national interests
Following the success of Bangabandhu Satellite-1, plans for a second satellite, Bangabandhu Satellite-2, have been mired in controversy, raising questions about financial transparency and national priorities. Initiated under the previous Awami League government, the project now faces allegations of...
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...
13 NBFIs spend Tk 8.3 million on Mujib Borsho celebrations
Despite facing profit challenges in recent years, 13 non-banking financial institutions (NBFIs) spent over Tk 8.32 million on celebrating Mujib Borsho, marking the birth centenary of Sheikh Mujibur Rahman. This data was provided by the Bangladesh Bank to the Financial Institutions Division (FID)...