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Bangladesh Bank clears active Beximco companies to open LCs under conditions

Dhaka, May 27 -- Bangladesh Bank has authorised active and revenue-generating entities within the Beximco Group to open Letters of Credit (LCs) under strict conditions, despite the conglomerate's enta... Read More


'Very heavy' rains forecast for four divisions, landslide risk in five hill districts

Dhaka, May 27 -- The Bangladesh Meteorological Department (BMD) has issued a heavy rainfall warning for four divisions, cautioning that intense downpours over the next 72 hours could trigger landslide... Read More


India urged to stop border push-ins, return Bangladeshis through proper channels

Dhaka, May 27 -- Dhaka has called on New Delhi to return Bangladeshi nationals through proper legal channels during recent high-level discussions with Indian officials on the issue of border push-ins,... Read More


Jamaat chief calls war crimes verdicts a 'deliberate purge' of party leadership

Dhaka, May 27 -- Jamaat-e-Islami chief Shafiqur Rahman has described the 1971 war crimes verdicts as a "deliberate purge" of the party's leadership. He made the remarks at an emergency media briefing... Read More


BRAC Bank MD and CEO Selim RF Hussain resigns

Dhaka, May 27 -- Selim RF Hussain, managing director and CEO of BRAC Bank PLC, has resigned from his position. He submitted his resignation to the bank's board of directors on Tuesday and the body ha... Read More


Trader hospitalised after being shot, robbed in broad daylight in Mirpur

Dhaka, May 27 -- A money exchange trader has been shot and robbed of cash and foreign currency in broad daylight in Dhaka's Mirpur. The incident occurred at 10am on Tuesday in the National Swimming P... Read More


NBR faces steep climb to meet target amid strains. Can strategies help revenue recovery?

Dhaka, May 27 -- Despite showing signs of recovery following political unrest in July and August, the National Board of Revenue (NBR) remains far from achieving its revenue collection target of Tk 4.6... Read More


Ishraque supporters block Nagar Bhaban road as protests continue

Dhaka, May 27 -- Supporters of Ishraque Hossain have blocked the road in front of Nagar Bhaban as they continued their protest to push for the BNP leader's swearing-in as mayor of the Dhaka South City... Read More


Government to take charge of six troubled banks through merger, says Governor Mansur

Dhaka, May 27 -- Bangladesh Bank Governor Ahsan H Mansur has announced that six financially distressed banks will be consolidated and brought under state ownership as part of a sweeping reform to stab... Read More