Residents allowed to use int’l cards for air tickets
Bangladesh Bank has authorised resident Bangladeshis to purchase outbound air tickets from airlines operating in the country using their international cards, a move likely to improve convenience and ensure more competitive pricing for travellers.The decision addresses long-standing difficulties passengers face in securing tickets at fair rates due to the absence...
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Policy predictability, institutional reforms, long-term planning a must
Speakers at a policy dialogue on Wednesday said Bangladesh's power and energy sector urgently required policy predictability, institutional reforms, and long-term planning to ensure sustainable investment.They stressed that outdated policies, weak transmission systems, financial instability, and governance gaps were undermining growth.Besides, they underscored that renewable energy expansion, domestic resource exploration,...
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HC injunction restrains Indian firm from S’pore arbitration
A High Court injunction restrains Adani Group from initiating any arbitration at Singapore International Arbitration Centre (SIAC) until a writ petition challenging its Bangladesh power deal is resolved. An HC bench comprising Justice Md Bazlur Rahman and Justice Urmee Rahman passed the order of taboo Wednesday after hearing the petition...
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High Court starts hearing rule
The High Court has started hearing a rule it had previously issued questioning the legality of the government decision to award the container-handling contract for the New Mooring Container Terminal (NCT) at Chattogram seaport to a foreign company.During the hearing on Wednesday, the writ petitioner's lawyer, Ahsanul Karim, told the...
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National committee finalises roadmap
The National Committee on 'Repatriation of sale proceeds in private and public limited companies' has finalised a comprehensive set of reform recommendations aimed at simplifying and modernising the repatriation framework for foreign investments.The committee, which includes representatives from Bangladesh Bank (BB), the Bangladesh Investment Development Authority (BIDA), the United Nations...
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Shariah review and fiduciary ratings deserves to be considered: BB
Deputy Governor of the Bangladesh Bank Nurun Nahar today said that introduction of external shariah review and fiduciary ratings deserves will be considered seriously, reports BSS."It will increase transparency, enhance market discipline, and improve confidence among depositors and regulators. Moreover, the call for structured training, competency development, and Shariah awareness...
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Dr Khalilur, Ajit Doval hold meeting in Delhi
Bangladesh delegation to the Seventh NSA-level meeting of the Colombo Security Conclave (CSC), led by national Security Adviser Dr Khalilur Rahman, met with Indian national security adviser Ajit Doval and his team in New Delhi on Wednesday."They discussed work of the CSC and key bilateral issues," read a press release...
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BB issues directive on loan write-offs
Bangladesh Bank (BB) has issued new guidelines concerning the procedures for writing off specific loan accounts, focusing on classified debt that is unlikely to be recovered. "Loan accounts that are classified as bad and loss and possess slim prospects for future recovery can be written off," said a BB circular...
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Use of e-GP made mandatory
S. M. Moin Uddin Ahmed, Chief Executive Officer (Secretary) of the Bangladesh Public Procurement Authority (BPPA), said that under the Public Procurement Rules, 2025 (PPR, 2025), the use of electronic Government Procurement (e-GP) is mandatory in public procurement.However, procuring entities in various parts of the country that still lack adequate...
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Posters, placards, and banners asking for votes
Posters, placards, and banners asking for votes by various political parties are seen in many areas of Dhaka city even before the announcement of the election schedule.The Election Commission, for the first time, has prohibited the open display of these materials. The photo was taken in Gulshan, Dhaka, on Wednesday....
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