Generous fund feeding to banks thru special bonds crosses Tk 400b
Inflation-fuelling high-powered money makes a comeback as a special liquidity-feeding instrument called AR or assured repo is now in operation, sources said.In the third phase that started on October 29, 2024, Bangladesh Bank, the country's central bank, is disbursing Tk 55.62 billion to the special bondholders. With the amount, the...
Read more
Bangladesh retain SAFF Women's Champs title
Defending champions Bangladesh retained their SAFF Women's Championship title on Wednesday with a 2-1 victory over Nepal, thanks to a stunning goal by Rituparna Chakma, according to Nepal's daily newspaper The Kathmandu Post.The closely contested final, held at Kathmandu's Dasharath Stadium, saw Bangladesh overpower Nepal, keeping Nepal's dream of a...
Read more
City Centre dispute heats up as HC stays property transfer
The tallest building in Bangladesh, City Centre, has become the focal point of a contentious legal dispute between a local conglomerate and a Dubai-based developer, with the High Court (HC) staying the properties transfer on the 37-storey building.The conflict centres on Dubai's Belhasa Engineering and Contracting Company, which holds a...
Read more
17 road development projects dropped in weeks
The Planning Commission has declined to approve at least 17 road development projects in recent weeks as those were reportedly undertaken by the Sheikh Hasina government on political grounds.Costs of some projects are abnormally high, while some are not so crucial for the country at this moment, officials said on...
Read more
HC scraps 11 criminal cases against Khaleda
The High Court on Wednesday, scrapped the trial proceedings in 11 criminal cases, including a sedition case filed against BNP Chairperson Khaleda Zia. The High Court bench of Justice A K M Asaduzzaman and Justice Syed Enayet Hossain delivered the verdicts after holding a final hearing on 11 petitions filed...
Read more
