Capital inadequacy earns restrictions on operations
Capital inadequacy has earned Janata Bank's UAE outfit regulatory restrictions on its operations in the gulf state, setting off its headquarters' urge for government bailout, sources say. They have said the Central Bank of the United Arab Emirates (UAE) has imposed sweeping regulatory restrictions on the UAE operations of the...
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Spain clinch 2nd World Cup title
Spain defeated Lionel Messi's Argentina in extra time to win the 2026 World Cup.Substitute Ferran Torres struck in the second half of extra time to secure Spain's second World Cup after a disappointing Argentina were reduced to 10 men in the final match in New Jersey on Monday (BST).The defending...
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Dhaka prepares 5yr trade capacity plan
A new five-year action plan is being framed to strengthen Bangladesh's trade capacity, improve the investment climate and enhance global competitiveness as the country prepares for graduating out of the world's poor-country club.Exit from the least-developed country (LDC) category is set to expose Bangladesh to open competition on the international...
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Long-awaited $335m Chinese loan deal likely soon
Deal on a long-awaited $335-million Chinese loan for construction of two jetties to upgrade Mongla seaport is likely to be signed within this month, officials say. A framework agreement was signed during the Prime Minister's China visit last month to this effect. "We are now working on the signing of...
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Overall annual imports almost static
Bangladesh's overall imports remained almost unchanged at US$70.41 billion in the just-concluded fiscal year (FY) 2025-26, as businesses adopted a cautious stance amid ongoing geopolitical tensions.The actual import in terms of settlement of letters of credit (LCs) edged up by 0.09 per cent to $ 70.41 billion in FY'26 from...
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ICT probe body files draft report against Hasina, others over Shapla Chattar crackdown
The investigation agency of the International Crimes Tribunal (ICT) has filed its draft probe report in a case over the May 5, 2013, crackdown on a Hefazat-e-Islam Bangladesh rally at the capital's Shapla Chattar, accusing ousted prime minister Sheikh Hasina and others of responsibility for the death of around 60...
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Dollar hits Tk 123.60 amid higher imports, low remittances
The local currency, BDT, continued to weaken against the US dollar over the past month amid stronger import payment pressure and softer remittance inflows.According to the Bangladesh Bank (BB) data, the weighted average interbank exchange rate again rose to Tk 123.58 per US dollar on Sunday from Tk 122.75 a...
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Vested group upsets PM's austerity move: TIB
Transparency International Bangladesh (TIB) questions what "powerful forces" influenced the government to retain a monthly vehicle-maintenance allowance of Tk 50,000 for a select group of government officials, despite 'the prime minister's clear directive to halve the sum'.In a statement issued Sunday, citing media reports, the anti-corruption watchdog noted with concern...
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Prayer Timings_2026-07-20
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