Agent banking has emerged as a crucial formal channel of financial transactions in rural areas, reaching a large unbanked population and contributing significantly to both deposits and lending, according to a latest Bangladesh Bank report.Deposits with the rural agent banking units stood at Tk 326.03 billion, 81.36 per cent of...
Read moreHawkers set up illegal shops on the new lines of trains running to and from southwestern districts of the country via Padma Bridge. The photo was taken from Jurain area of the capital on Tuesday. — FE Photo by Shafiqul Alam
Read moreThe Dhaka metro rail company plans to reopen Kazipara station of MRT line 6 this month, much earlier than it earlier announced which officials said due to less damage to its machinery than that of Mirpur 10 station.Mirpur-10 and Kazipara stations came under attack by angry mob during the student...
Read moreStudents of Dhaka College and Ideal College locked in a clash in Science Laboratory area of the city on Tuesday over a trifling matter creating a massive traffic disorder across the neighbourhood.During the mayhem, vehicular movement came to a standstill on the road from Science Laboratory to Nilkhet intersection for...
Read moreUnruly employees of the state-run Titas Gas Transmission and Distribution Company Ltd (TGTDCL) vandalised the Petrobangla office in the capital on Tuesday following the cancellation of the contractual appointment of its former managing director engineer Harun-or-Rashid Mollah.They also staged a demonstration on the office premises against the appointment of new...
Read moreMajor General (Retd) Md Emdad-Ul-Bari has been appointed as the chairman of Bangladesh Telecommunication and Regulatory Commission (BTRC).The public administration ministry on Tuesday issued a notification in this regard. The notice said: "Under Sections 7(1) and 9(2) of the Bangladesh Telecommunication Regulation Act, 2001, Major General (Retd) Md Emdad Ul...
Read moreThe interim government has decided to keep the Universal Pension Scheme (UPS) in place until a new system is introduced, according to the Ministry of Finance. The decision follows a meeting chaired by Finance Adviser Salehuddin Ahmed on Monday, where the current state of the pension scheme was thoroughly reviewed,...
Read moreThe airport areas in Dhaka will turn into a silent zone from October 1 when a ban on honking horns will be effective. The silent zone stretches 1.0 km north and south from Hazrat Shahjalal International Airport (HSIA) in the capital, Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan...
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