IGW cartel plunders whopping Tk 80b

A politically pampered powerful nexus of international gateway (IGW) operators looted over Tk 80 billion or Tk 8,000 crore from the ICT sector over the past nine years, ministry high-ups said Monday."At the core of the scandal lies the IGW Operators Forum (IOF), a cartel of seven IGW operators allegedly...

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Inflation eases, GDP growth looks better

Last fiscal end showed a respite for Bangladesh's stressed economy with inflation little easing and third-quarter GDP growth a bit bettering, according to latest official statistics. Yet, the overall rate of inflation in the last fiscal year (FY) 2024-25 was still on a double-digit trajectory notwithstanding a significant fall in...

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Risk-based supervision of banks from Jan'26

Governor of the Bangladesh Bank Dr Ahsan H Mansur on Monday said the risk-based supervision (RBS) system's official implementation would start in the country's banking sector in January 2026, aiming to usher in qualitative changes in how banks are monitored and regulated.Speaking at a press briefing held at the central...

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Cut-down tariff deal hinges on Trump 'discretion'

A favourable tariff deal for Bangladesh hinges on Donald Trump's discretion, officials say as a crucial meet on reciprocal tariffs between Bangladesh and the United States is expected tomorrow in Washington.National Security Adviser under the post-uprising government Khalilur Rahman and Commerce Adviser of Bangladesh Sk Bashir Uddin are now in...

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ICT-1 sets July 10 for indictment order against Hasina, 2 others

The International Crimes Tribunal (ICT)-1 on Monday fixed July 10 for passing order on charge framing in a crimes-against-humanity case against ousted prime minister Sheikh Hasina and two others over their alleged roles in crimes committed during the July-August mass uprising, reports BSS.The other two accused are former home minister...

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Prayer Timings (2025-07-08)

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