No company shutdown, action to prevent fund diversion to continue
No companies will face shutdown but action is being taken against individuals at fault to prevent fund diversion, the Bangladesh Bank governor said Monday as he oversaw reclaimed Islami Bank's bail-in package. The new management of the bank plans to pool around Tk 200 billion by unfreezing seized shares and...
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Moody's downgrades BD ratings to B2, outlook to negative
Bangladesh's long-term issuer and senior unsecured ratings have been downgraded to B2 from B1 and future outlook to negative by Moody's largely for reasons that include political-changeover unrest and past directed fund awarding. The country's outlook has been changed to negative from stable, according to the global ratings agency's report...
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BNP upset about CA's statements on national polls
BNP secretary- general Mirza Fakhrul Islam speaks at a discussion on the occasion of the 48th death anniversary of Maulana Abdul Hamid Khan Bhasani. The event was hosted at the National Press Club on Monday. — Focus Bangla
Bangladesh Nationalist Party (BNP) Secretary-General Mirza Fakhrul Islam Alamgir has expressed dismay...
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Interim govt's tenure not yet fixed, intention is to hold polls quickly
Chief Adviser Prof Muhammad Yunus has said that the tenure of the interim government will be less than four years, and their intention is to hold the election as quickly as possible."I didn't say that I will be (in power) for four years. This is the maximum term. But that's...
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CA didn't say interim govt's tenure will be four years
Chief Adviser (CA) Prof Dr Mohammad Yunus did not say that the tenure of interim government will be four years, said Shafiqul Alam, press secretary to the CA, on Monday, alleging that a section of the media has wrongly presented the CA's this part of the statement made during an...
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Deposed PM absconding, her cabinet colleagues stand in dock created by her
Runaway premier Sheikh Hasina's cabinet members had to stand in the dock of a special tribunal she created for trial of others on same charges of crimes they are now facing.A total of 13 accused, including members of ousted Prime Minister Sheikh Hasina's cabinet, her advisers and former apex-court judge,...
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