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Committee soon to accelerate financial crimes trial

A panel will accelerate trials of financial offenders under provisions of a decree styled Bank Resolution Ordinance the interim cabinet approved Thursday "to protect depositors' interests through better governance".The interim government in its meeting of the council of advisers also approved another ordinance to bifurcate the National Board of Revenue...

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US delegation discusses reform, trade, Rohingya with CA

A visiting US delegation called on the chief adviser (CA) on Thursday and expressed support for the reform agenda of the interim government. They discussed regional issues of peace, security, and development, said a spokesman for the CA Office. Deputy Assistant Secretaries of State Nicole A. Chulick and Andrew Herrup...

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CA calls for stronger ties with Pakistan

Chief Adviser Professor Muhammad Yunus on Thursday put emphasis on strengthening ties with Pakistan to boost mutual cooperation and explore trade and business potential.He made the call when Pakistani Foreign Secretary Amna Baloch called on him at the State Guest House Jamuna in the capital."There are certain hurdles. We have...

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IMF staff-level agreement with BD hangs over major dos

Striking a staff-level agreement between the International Monetary Fund (IMF) and Bangladesh hangs over major sticking-points like exchange-rate flexibility and higher revenue-generation target, and the fund-release negotiations extend to the Fund's headquarters.A visiting team of the International Monetary Fund (IMF), headed by Chris Papageorgiou, the agency's Mission Chief for Bangladesh,...

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BB may launch intra-day liquidity facility in Jul

The Bangladesh Bank (BB) is likely to introduce intra-day liquidity facility (ILF) in July, giving commercial banks a much-needed respite amid the gradual squeezing of the repo facility, officials said.Commercial lenders have been demanding such a facility in recent times to avert fund settlement-related problems following the phase-out of the...

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Prayer Timings (2025-04-18)

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