Banking sector feels the pinch as interest-rate spread shrinks
The banking sector is feeling the strain as the gap between lending and deposit rates, a key measure of profitability, narrowed to a 17-month low in September.The squeeze comes as banks face rising deposit costs and sluggish lending growth, leaving many struggling to maintain margins. Bankers and central bank officials...
Read more
Heavy rain triggers waterlogging, traffic chaos in city
Heavy rain and thunderstorms disrupted life in the capital and other parts of the country on Saturday, causing severe waterlogging, traffic jams, and widespread inconvenience for residents.A sudden, intense afternoon downpour left knee-deep water in major neighbourhoods, including Mirpur, Dhanmondi, Rampura, and parts of Old Dhaka, bringing traffic to a...
Read more
'Cattle lifter' lynched in Gaibandha
Gaibandha, Nov 1 (UNB): A suspected cattle lifter was killed reportedly in a lynch-mob attack in Sundarganj upazila of Gaibandha district early Saturday.The deceased was identified as Abdus Salam of Ramdakua village in the upazila.Abdur Hakim Azad, officer-in-charge of Sundarganj Police station, said Abdus Salam entered the house of one...
Read more
E-commerce card transactions jump 28.8pc YoY in Aug
The use of cards in e-commerce transactions in Bangladesh rose 28.8 per cent year-on-year (YoY) in August 2025, reflecting growing consumer preference for online shopping, according to Bangladesh Bank (BB) data.Transactions surged to Tk 21.93 billion in August 2025 from Tk 17.02 billion in the same month of 2024. Online...
Read more
Only four tourists show up as tight rules deter visitors
The revival of St Martin's Island has fallen flat on reopening day. Despite the government reopening the coral island to tourists from Saturday, not a single ship departed from Cox's Bazar on the first day.Silence prevailed throughout the morning at the BIWTA jetty in Nuniachhara, and tourist footfall was negligible,...
Read more
Eight-month ban on Jatka fishing begins
An eight-month nationwide ban on catching juvenile Hilsa (Jatka) began on Saturday and it will remain in effect until June 30, 2026, aiming to boost Hilsa production and ensure sustainable conservation. Supervised by the Ministry of Fisheries and Livestock and implemented by the Department of Fisheries, the ban strictly prohibits...
Read more
Over 2,600 BJMC staff await eight months' unpaid wages
The Ministry of Textiles and Jute (MoTJ) has sought Tk 941 million from the Ministry of Finance to clear eight months of unpaid salaries for officers and employees of the Bangladesh Jute Mills Corporation (BJMC). The request follows months of financial hardship for more than 2,600 workers tasked with maintaining...
Read more