Eid-ul-Azha on May 28-
The holy Eid-ul-Azha, the second-largest religious festival of Muslims, will be observed on May 28 (Thursday) in Bangladesh.Muslims across the country will celebrate the festival with religious fervour through offering and sacrificing animals in remembrance of the devotion of prophet Hazrat Ibrahim (AS).Eid-ul-Azha, also known as the Festival of Sacrifice,...
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ADB offers $5.0b in dev aid
An incremental assistance package announced by the Asian Development Bank (ADB) would fetch Bangladesh US$5.0 billion over next five years and increase the subsequent annual aid by 20 per cent.The announcement came Monday when ADB President Masato Kanda met Prime Minister Tarique Rahman in Dhaka discussing Bangladesh's development priorities.Such a...
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Highest single-day toll hits 17 again
As many as 17 children died of measles and measles-like symptoms in the past 24 hours until 8:00am on Monday, raising the total number of confirmed and suspected fatalities to 545 since mid-March.Bangladesh earlier logged another daily measles death toll of the same number as 17 on May 4, according...
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Bangladesh, IMF agree on new funding prog
Bangladesh and the International Monetary Fund (IMF) have agreed to begin work on a new reform-focused programme under the new government, following high-level virtual talks between Finance and Planning Minister Amir Khosru Mahmud Chowdhury and IMF Deputy Managing Director Nigel Clarke.The discussion, held on May 21, focused on Bangladesh's overall...
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15 killed as truck plunges into ditch
At least 20 people were killed and dozens injured in separate road accidents in Tangail, Munshiganj, Gopalganj and Bogura on Monday, the deadliest one taking 15 lives, report agencies.The deadliest accident took place in Tangail's Kalihati upazila, where 15 people were killed and eight others injured when a truck carrying...
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Source tax hike on essentials shelved
A proposed tax hike on essential commodities in the upcoming budget is shelved as the government backtracks on the move to ease inflationary pressures on consumers, officials say.The proposal by tax authorities to double the existing 0.5-percent source tax to 1.0 per cent has been dropped after "failing to secure...
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Many customers face difficulty in ATM cashout
Many customers across Dhaka are grappling with severe difficulties in cash withdrawal from ATMs or automated teller machines amid Eid-ul-Azha binge.Because of rising pressure of cash withdrawal due to closure of bank branches, numerous banks are experiencing cash shortages and have imposed withdrawal limits, despite Bangladesh Bank directive for ensuring...
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Mattress money hits record Tk 3.03t amid economic slowdown
The volume of cash circulating outside the banking system continued to rise in Bangladesh, reflecting a growing preference for holding physical money amid economic slowdown.Bangladesh Bank (BB) data show the amount of currency outside banks -- often dubbed mattress money -- stood at Tk 3.03 trillion as of March 2026,...
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