Newborn bank's BB account opens before licensing

Government authorities are going great guns to operationalise the newborn Sammilito Islami Bank in state sector as its account is opened with the central bank well before licensing, sources say. The new shariah-based bank is born out of the merger of five liquidity-crisis-ridden Islamic banks, in the wake of banking-sector...

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UN delegation due in Dec for reality check

An independent UN review team comes again in December to share its assessment report on Bangladesh's LDC graduation to ascertain whether time is ripe for its status change, officials say. In a sharing session the UN delegation would go for final consultation with Bangladesh's stakeholders, including private sector, before sealing...

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Chinese investors can help turn BD into hub of production, says CA

Chief Adviser Prof Muhammad Yunus has welcomed China's interest in Bangladesh's manufacturing sectors, noting that investors from the world's second-largest economy could help transform Bangladesh into a manufacturing hub producing goods for export to developed nations, including China. "We can go full speed in these areas," Prof Yunus said during...

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China delays funding seaport's two new jetties

China delays approving a concessional loan proposal for US$335 million for construction of two jetties at Mongla seaport to augment its container-handling capacity, officials say.Already, seven months have elapsed since the Economic Relations Division (ERD) sent the proposal to Beijing but is yet to get a positive outcome on the...

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Prayer Timings (2025-11-29)

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