US buyers switching to BD for sourcing travel goods
American buyers are increasingly switching to Bangladesh for sourcing travel goods in a trade redirection driven by high US tariffs and rising production costs in China, exporters say.The rebound has already begun to be conspicuous in export earnings with Bangladesh's shipments of luggage, handbags, sports bags and purses to the...
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Performance-tied incentive bonus for SoBs, FIs unveiled
Employees of public-sector banks and financial institutions are entitled to get incentive bonus pro rata with performance while government ex gratia is secure regardless of failure in meeting conditions under a new rule.Financial Institutions Division (FID) Thursday issued a notification stipulating the new document called "guidelines for payment of incentive...
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Court issues arrest warrant against S Alam, his two brothers
A Dhaka court has issued an arrest warrant against S Alam Group Chairman Mohammad Saiful Alam, and his two brothers, Abdus Samad and Mohammad Abdullah Hasan, in a corruption case filed against them.The court also allowed a petition filed by the Anti-Corruption Commission (ACC) to issue "INTERPOL Red notice" against...
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Bangladesh bound for 'meaningful' transition thru reforms, polls
Bangladesh is undergoing a profound political transition through reforms as it prepares for elections in February so that a return of authoritarian rule is prevented, Chief Adviser Muhammad Yunus has told world leaders.Trade, migration, bilateral and greater economic cooperation and current global issues of common concern figured high in his...
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BD funding for LGs poorer than other LMICs
Bangladesh lags far behind other lower-middle-income countries (LMICs) in allocations for local governments despite rapid urbanisation that has brought nearly 45 per cent of its population into cities.LMICs spend about 20 per cent of their national budgets -- or around 6.0 per cent of GDP -- on local governments, while...
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Prayer Timings (2025-09-26)
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