BB allows importing capital machinery without BIDA's approval

Bangladesh Bank now allows capital- machinery import in foreign credit without permission from the Bangladesh Investment Development Authority (BIDA), reports UNB.Companies can now directly import necessary machinery and equipment using foreign loans with a minimum three-year term, without needing prior...

T-bill yields rise as govt borrows more

The government borrowed Tk 50 billion through a special auction of 91-day treasury bills (T-bills) on Wednesday to partially finance its budget deficit.The cut-off yield, commonly referred to as the interest rate, on the 91-day T-bills rose to 10.55 per...

ACC sues Bashundhara chairman, sons, 13 NBL officials

The Anti-Corruption Commission (ACC) on Wednesday filed a case against 16 persons, including Bashundhara Group Chairman Ahmed Akbar Sobhan, his two sons and 13 officials of National Bank PLC (NBL), on charges of embezzlement and money laundering involving a bank...

Disasters displace 5.0m internally

Bangladesh is home to almost five million people living in internal displacement due to natural hazards, according to the first nationwide estimate released by the International Organisation for Migration (IOM) in the city on Wednesday. The assessment marks the most...

Nothing doing if India doesn't extradite Hasina

Bangladesh's interim foreign affairs adviser, Mohammad Touhid Hossain, has said Dhaka has little scope to force the return of deposed former prime minister Sheikh Hasina unless New Delhi agrees to extradite her.Speaking to reporters at the foreign ministry on Wednesday,...

Govt working to establish a hassle-free VAT system

Chief Adviser Professor Muhammad Yunus on Wednesday called for building a transparent and technology driven revenue system to enable countrymen's trust that their hard-earned money is properly being used for welfare and development purposes, reports BSS."The interim government is committed...

NBR in dilemma over tax benefit on edible oil import

The National Board of Revenue (NBR) is in a dilemma over offering a fresh tax benefit on import of edible oils considering revenue impact. A proposal from the Ministry of Commerce (MoC) to consider tax benefits on the essential commodity...

CA advises field officials to make upcoming election historic, unforgettable

Chief Adviser Prof Muhammad Yunus advises Upazila Nirbahi Officers (UNOs) across Bangladesh to get down to preparing forthwith to ensure that the upcoming general election stands out as a defining moment in the nation's history. Describing the post-uprising twin-vote as...

VAT paid by public often fails to reach treasury

Finance Adviser Dr Salehuddin Ahmed has noted with concern that VAT paid by the public often fails to reach the government treasury. He has described this as "unfortunate" and stressed the need to simplify procedures to ensure that VAT is...

Prayer Timings (2025-12-11)

An aerial view of the Old Dhaka Central Jail on Nazimuddin Road

An aerial view of the Old Dhaka Central Jail on Nazimuddin Road, which is being converted into a comprehensive cultural centre. The project includes a multipurpose complex, a museum, a lake, walkways, and an extensive afforestation programme, among other facilities....

ACC sues 60 recruiting cos on charge of embezzling Tk 45b

The Anti-Corruption Commission (ACC) on Wednesday filed separate cases against the owners, chairmen, managing directors, directors and others of 60 overseas recruiting companies on charge of embezzling Tk 45 billion.They are accused of misappropriating the money by overcharging Malaysia-bound Bangladeshi...

Supreme Court Secretariat gets going today

The Supreme Court Secretariat will be inaugurated today (Thursday).Chief Justice (CJ) Syed Refaat Ahmed will inaugurate the Secretariat at an event scheduled to be held at 2:30 pm at Administrative Building-4 of the Supreme Court (SC) premises, reports BSS.Md Shafiqul...

Finance Adviser hemmed in for hours

Bangladesh Secretariat employees kept Finance Adviser Dr Salehuddin Ahmed confined to his office for five and a half hours on Wednesday, demanding a 20 per cent "secretariat allowance".The agitated employees said the National Press Club and the Bangladesh Secretariat area...

House help Ayesha arrested from Jhalakathi

Police on Wednesday arrested the domestic help, Ayesha, a prime suspect in the Mohammadpur double-murder case, from Nalchity of Jhalakhati district.The arrestee, identified as Ayesha, confessed to her involvement in the killings during questioning, police said.Police recovered six bhoris of...

Mahfuz, Asif resign as interim govt advisers to contest polls

Two advisers drawn in Bangladesh's interim government from the arena of student-mass uprising-Mahfuz Alam and Asif Mahmud Sojib Bhuiyan -have resigned purportedly to contest national elections. The two submitted their resignation letters to Chief Adviser of the post-uprising government Professor...

BD to see 5.0pc growth in 2026

Bangladesh's economy will post a 5.0-percent growth in 2026 with easing inflation and remittance inflows helping households despite ongoing structural challenges, global agency Mastercard forecasts. South Asia as a region continued to show solid momentum, says the Mastercard Economics Institute...

Bangladesh's economic growth slows but inflation reined in

Bangladesh's economic growth may decelerate to 4.7 per cent in the current fiscal year but inflation gets bridled with tighter monetary-policy actions, shows a mixed picture portrayed by the Asian Development Bank.The development financier, however, paints a better scenario of...

CEC to declare nat’l election schedule today

Chief Election Commissioner (CEC) AMM Nasir Uddin is set to announce the formal schedule today for the upcoming 13th parliamentary election and a concurrent national referendum."The CEC will outline the roadmap for the polls in a televised address to the...

Jamuna Bank loan and DPS installments now payable through Nagad

Customers of Nagad can now easily transfer funds to Jamuna Bank PLC, one of the country's leading commercial banks. The new service was launched at an event held at Jamuna Bank's Corporate Office. Managing Director & CEO of Jamuna Bank...

EBL AND AGRIVENTURE TEAM UP TO PROVIDE AGRI LOAN

M. Khorshed Anowar, DMD and Head of Retail and SME Banking, Eastern Bank Limited (EBL), and Md. Rabib Ridwan, Managing Director and CEO of Agriventure Limited, signed a business collaboration agreement to offer agricultural financing for farmers. The signing ceremony...

Trust Bank launches UnionPay card issuing service for customers

Trust Bank PLC has officially introduced UnionPay-branded cards, expanding its card portfolio and enhancing global payment convenience for customers. The service was inaugurated by Ahsan Zaman Chowdhury, Managing Director & CEO of Trust Bank PLC, at a launching ceremony attended...

Meghna Bank promotes Sadiqur Rahman to AMD

Meghna Bank PLC has promoted its Deputy Managing Director Md. Sadiqur Rahman to Additional Managing Director (AMD). Prior to this elevation, he also held the role of Managing Director & CEO (Current Charge), says a press statement.Mr. Rahman is a...

Nestlé PUSHTIGROW+ to support child nutrition advancement

Nestlé Bangladesh PLC, a subsidiary of the Switzerland-based global leader in nutrition and wellness, proudly announces the launch of Nestlé PUSHTIGROW+, an innovative cereal-based micronutrient fortifier developed in partnership with the Bangladesh Council of Scientific and Industrial Research (BCSIR).The official...

ICMAB's CBC holds confce on 'Future Outlook of BD Economy' tomorrow

The ICMAB's CBC annual conference on "Future Outlook of Bangladesh Economy: FDI, Financial Reforms & LDC Graduation" will be held at Radisson Blu Chattogram Bay View tomorrow (Friday).The event which will begin at 9:00 am and end at 5:00 pm...

BRAC Bank surpasses $2b in remittance inflows

BRAC Bank has reached a significant milestone, surpassing $2 billion in remittance inflows in 2025, marking a key achievement in its strong growth trajectory within the remittance market.The bank rose from 17th to 4th position over the past five years,...

Prime Bank customers to enjoy special offer on loan for BYD vehicles

Prime Bank PLC customers in Bangladesh will now enjoy exclusive offer on loan for purchasing BYD vehicles. CG Runner BD limited is the authorised distributor for BYD vehicles in Bangladesh. In this regard, an agreement was signed recently at BYD...

Guardian Life refutes 'false' reports on bancassurance activities

Guardian Life Insurance Limited strongly denies the 'false and misleading' information that some media outlets and online platforms have recently published about its bancassurance activities.From the very beginning, Guardian has been complying with all regulations and expenditure limit set by...

Ctg ICDs defer export handling halt

Nineteen privately operated inland container depots (ICDs) in Chattogram have postponed a planned suspension of export cargo- and empty-container handling that was due to begin on Thursday, easing immediate concerns over potential disruption to the country's export supply chain.The ICDs...

Duty-evaded handsets’ sale to continue until March

The government is sticking to its plan to activate the National Equipment Identity Register (NEIR) on December 16, while allowing the sale of duty-evaded mobile handsets in the market until March next year. However, this latest development has failed to...