Banks borrow record Tk 1.45t in a month as liquidity dries

Fund funnelling from the central bank into commercial banks in Bangladesh through repo instrument hits a record high of over Tk 1.45 trillion in June, indicating their severe liquidity crunch.Deposit growth remains slow amid higher non-performing loan (NPL) regime following past misrule in the banking sector while government bank borrowing...

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Starlink officially launched in Bangladesh

In a major development for Bangladesh's digital transformation, US satellite internet major Starlink was officially launched in the country on Friday. Faiz Ahmad Taiyeb, Special Assistant to the Chief Adviser for the Ministry of Posts and Telecommunications, made the announcement at a press conference held at the boardroom of Hotel...

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BD set to bear highest duty among US trade partners

Bangladesh could face the highest effective tariff rate (ETR) among US trading partners-approximately 50 per cent -under the Trump tariff regime effective August 01, Fitch Ratings shows such duty disparities, released on July 18. The newly announced 35 per cent, outlined in formal letters from the US government, and the...

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Agreement signed for UN HR office in Dhaka

A mission office of the United Nations High Commissioner for Human Rights (OHCHR) is set to be set up in Bangladesh as a memorandum of understanding has been signed by both parties.The OHCHR headquarters in Geneva announced the development in a statement issued Friday. Initially, the mission will be set...

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Gopalganj: Uneasy calm still as curfew extended, toll rises to 5

Local authorities have extended the ongoing curfew in Gopalganj until today (Saturday) morning as an uneasy calm still prevailed on Friday after the town was roiled by widespread violence surrounding a National Citizen Party (NCP) rally on July 16.In a statement issued on Friday, the Gopalganj district magistrate said the...

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Prayer Timings (2025-07-19)

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