Farashuddin finds 15 rogue companies imperilling economy
When political power converges with economic interests, the result is the rise of corporations that function much like the East India Company of colonial times, warns Dr. Mohammed Farashuddin.Speaking at a Policy Research Institute (PRI) event in Dhaka on Tuesday, the former Bangladesh Bank Governor cautioned that 10 to 15...
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Growth betters to 5.0pc this fiscal from FY'25 rate for some boosters
Bangladesh may see its economic growth a bit better to 5.0 per cent in the current fiscal, compared to the past year, with inflation falling below the double-digit line and consumption rising, says the ADB.The Asian Development Bank (ADB) in its latest forecast mentions that Bangladesh's gross domestic product (GDP)...
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Yunus urges world to act on Myanmar, Arakan Army to end Rohingya crisis
Chief Adviser Professor Muhammad Yunus on Tuesday issued a stark warning that the world is "failing the Rohingya," calling on the international community to mount effective pressure on Myanmar to end persecution of the minority and begin their repatriation to Rakhine.Speaking at the opening session of the High-Level Conference on...
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Trump gives 3 or 4 day’s ultimatum on Gaza deal
JERUSALEM, Sept 30 (Agencies): US President Donald Trump on Tuesday gave Hamas an ultimatum of "three or four days" to respond to his plan to end the war in Gaza, as the militant group reviewed the proposal backed by Israel.The plan calls for a ceasefire, the release of hostages by...
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BB relaxes reporting rules to facilitate foreign investment
Bangladesh Bank (BB) has relaxed the reporting requirements for temporary Non-resident Taka Accounts (NRTAs) and temporary Foreign Currency (FC) accounts to facilitate foreign investment in the country, reports BSS.To this end, the central bank on Tuesday issued a circular saying it is no longer required to report the opening of...
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Prayer Timings (2025-10-01)
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