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BB moves to speed up settlement of Tk 750.52 billion audit backlogs

REZAUL KARIM | 2026-01-09 00:00:00

The central bank has initiated a move to fast-track the settlement of long-standing audit backlogs involving more than Tk 750.52 billion, sources said.Such long-standing fund impasses regarding the 1,206 unsettlement audit objections at the Bangladesh Bank (BB) remain a big...

LPG traders call off strike after BERC assurance

FE REPORT | 2026-01-09 00:00:00

Liquefied petroleum gas (LPG) traders Thursday called off their strike on an assurance from the energy regulator of fulfilling their demands, strikers said.LP Gas Traders' Cooperative Society Ltd held a discussion with Bangladesh Energy Regulatory Commission (BERC) on Thursday over...

China's Sinopec gets go-ahead to drill 5 hydrocarbon wells

M AZIZUR RAHMAN | 2026-01-09 00:00:00

China's state corporation Sinopec gets the go-ahead to drill five new hydrocarbon wells on the gas-rich Bhola island as Bangladesh moves to enhance output of the fuel to feed the energy-hungry economy.State-run Bangladesh Petroleum Exploration and Production Company Ltd (BAPEX)...

Credit remittances into recipient account in real time

FE REPORT | 2026-01-09 00:00:00

Banks have to ensure same-day or next-day crediting of inward remittances to reduce disbursement delays and improve efficiency in cross-border payment processing, says a binding regulatory order. Bangladesh Bank (BB) issued the firman Thursday through a circular with "immediate effect"....

Regulatory mkt intervention ramped up for balancing exchange rate

SIDDIQUE ISLAM | 2026-01-09 00:00:00

A higher inflow of remittances prompts the central bank to scale up intervention in the foreign-exchange market to forestall any imbalance in dollar-taka exchange rates and avoid its economic domino effect.Officials say amid a steady rise inflow of remittances in...

ACC to sue Salman, Obaidul Karim over embezzlements

2026-01-09 00:00:00

FE REPORTThe Anti-Corruption Commission (ACC) has decided to file two cases, one against Salman F Rahman and another against Mohammad Obaidul Karim and others, for embezzlement. Both cases were approved on Thursday.In the case against Mr. Rahman, the former private...

295 drugs declared 'essential', prices to be fixed

2026-01-09 00:00:00

The Bangladesh government has expanded its list of essential medicines to 295 by adding 135 more drugs and has decided to fix their selling prices, aiming to improve access to treatment and medicines for the public, reports bdnews24.com.The decision came...

BD in talks with US over visa bond issue: Foreign adviser

FE REPORT | 2026-01-09 00:00:00

Bangladesh is in discussion with Washington to address a new US visa-bond issue, said foreign affairs adviser Md Touhid Hossain on Thursday.The new visa requirement has placed the country among 38 nations whose citizens must provide a financial guarantee when...

Bangladesh, EU finalise PCA text

2026-01-09 00:00:00

Bangladesh and the European Union have finalised the text of the Comprehensive Partnership and Cooperation Agreement (PCA) following the fifth round of negotiations held on January 7-8 in Dhaka and Sylhet, reports BSS.The fifth round of negotiations between Bangladesh and...

Debt spiral clouds microcredit's success

FE REPORT | 2026-01-09 00:00:00

Concerns over overlapping loans and rising debt burdens are increasingly overshadowing the achievements of microcredit sector, prompting calls for deeper research and policy intervention. Officials and experts warn that many borrowers are becoming trapped in a "debt spiral", taking on...

Mild to moderate cold wave sweeps 24 districts

FE REPORT | 2026-01-09 00:00:00

A relentless cold wave has tightened its grip across Bangladesh, with temperatures plummeting to the season's lows and leaving low-income groups in extreme distress.Bangladesh Meteorological Department (BMD) officials have warned that the current shivering conditions, coupled with mild to moderate...

Proposed 'Insurance Resolution Ordinance' awaits MoF review

JASIM UDDIN HAROON | 2026-01-09 00:00:00

The insurance regulator-IDRA--has submitted its much-hyped draft ordinance to the Ministry of Finance, seeking sweeping new powers to intervene in the governance of troubled insurers.The proposed ordinance is to empower the IDRA (Insurance Development and Regulatory Authority) to set into...

H1 apparel exports slide amid weak demand, trade frictions

MONIRA MUNNI | 2026-01-09 00:00:00

Bangladesh's readymade garment (RMG) exports to non-traditional markets posted negative growth in the first half of the current fiscal year, reflecting prolonged weakness in global demand amid economic uncertainty across key economies.Rising living costs, sluggish growth, shifting trade regimes and...

Dry weather likely today 09-01-2026

2026-01-09 00:00:00

Weather may remain dry with cloudy sky in the next 24 hours from 06:00 am today (Friday). Mild to moderate cold wave may sweep over Rangpur and Rajshahi divisions. Night temperature may remain unchanged and day temperature may rise slightly....

Three Chinese nationals arrested in capital for running fake iPhone factory

2026-01-09 00:00:00

FE REPORT Police arrested three Chinese nationals for their involvement in running a fake iPhone assembling factory in the capital. The arrestees were identified as Tan Jian, Wu Jun, and Dong Hongwei.Mahiuddin Mahmud Sohel, Deputy Commissioner (DC) of Mirpur Division...

Govt issues decree for return of vehicles of completed dev projects

2026-01-09 00:00:00

FE REPORTThe government has issued a directive for the immediate return of all vehicles used in the completed development projects to the central transport pool, aiming to ensure fiscal discipline and prevent unauthorised use of public assets, sources said.The Ministry...

BNP demands justice for Musabbir killing

2026-01-09 00:00:00

FE REPORTThe Bangladesh Nationalist Party (BNP) on Thursday strongly condemned the killing of Swechchhasebak Dal leader Azizur Rahman Musabbir and demanded immediate arrest and exemplary punishment of those responsible, warning that such incidents are part of a broader attempt to...

Phased reforms, better regulatory coordination stressed

2026-01-09 00:00:00

FE REPORTBangladesh had made steady progress in digital transactions since the early 1990s, with nearly half of all transactions now conducted digitally, but the country still lagged behind several neighbouring economies in establishing a cashless payment ecosystem, speakers said on...

ICT decision on indictment against Ziaul Ahsan on January 14

2026-01-09 00:00:00

A tribunal will decide on January 14 whether charges will be framed against former army officer Ziaul Ahsan in a case over crimes against humanity involving more than a hundred alleged disappearances and murders, reports bdnews24.com.A two-member bench of the...

No poll code violation in Tarique's northern region tour: Salahuddin

2026-01-09 00:00:00

BNP senior leader Salahuddin Ahmed has stated that the upcoming four-day tour of the northern region by party Acting Chairman Tarique Rahman will not violate the election code of conduct, as the visit in intended to pay homage to the...

Govt stays confident of fair polls

2026-01-09 00:00:00

The government has expressed confidence that a free, fair and impartial election can be held, despite concerns over the experience of district administrators (DCs) appointed before the announcement of the election schedule, reports UNB."The field administration is ready and competent....

Safety fear grips minorities as JS polls approach

2026-01-09 00:00:00

FE REPORT Speakers at a dialogue underscored the importance of ensuring security for religious and ethnic minorities across the country during the upcoming national elections.They also emphasised that with 13th Jatiya Sangsad (JS) election approaching, religious and ethnic minorities in...

JnUCSU VP Riazul, GS Alim

2026-01-09 00:00:00

The 'Adammo Jobian Oikya' panel secured Vice-President (VP), General Secretary (GS) and Assistant General Secretary (AGS) along with leading positions in the Jagannath University Central Students' Union (JnUCSU) elections, reports BSS.Md. Riazul Islam has been elected as VP, while Abdul...

Candidates to get justice on nomination appeals: CEC

2026-01-09 00:00:00

Chief Election Commissioner (CEC) AMM Nasir Uddin has assured that candidates who have filed appeals against the decisions of returning officers following the scrutiny of nomination papers for the parliamentary election will receive justice, reports bdnews24.com.He made the assurance while...

BNP leaders and activists attended a namaz-e-janaza of Swechchhasebak Dal leader of Dhaka North city

2026-01-09 00:00:00

BNP leaders and activists attended a namaz-e-janaza of Swechchhasebak Dal leader of Dhaka North city unit Azizur Rahman Musabbir in front of the party's Nayapaltan central office in the capital on Thursday. — FE Photo

Sony Home Theater Experience Centre opens in city

2026-01-09 00:00:00

Smart Technologies (BD) Ltd., also known as Sony-Smart, has inaugurated the country's first-ever 'Sony Home Theater Experience Centre' at its flagship showroom at Uttara in Dhaka recently. Sony-Smart is the official distributor of Sony products in Bangladesh.Head of Sony International...

MEGHNA BANK SIGNS AGREEMENT WITH BANGLADESH BANK

2026-01-09 00:00:00

MEGHNA BANK SIGNS AGREEMENT WITH BANGLADESH BANK Meghna Bank PLC has recently signed an agreement with Bangladesh Bank to participate in its Start-up Refinance Scheme. Nurun Nahar, Deputy Governor of Bangladesh Bank, attended the signing ceremony as the chief guest....

SHIMANTO BANK SIGNS AGREEMENT ON START-UP REFINANCE SCHEME

2026-01-09 00:00:00

SHIMANTO BANK SIGNS AGREEMENT ON START-UP REFINANCE SCHEMEShimanto Bank has recently signed an agreement with Bangladesh Bank to participate in the Start-up Refinance Scheme, amounting to Tk 5.0 billion, to support start-up CMSMEs. Under this agreement, start-up enterprises will be...

ICT Division's white paper published on website

2026-01-09 00:00:00

The white paper of the ICT Division was published on its website (ictd.gov.bd) on Thursday.A taskforce formed to probe irregularities and mismanagement of various ICT-related initiatives taken during the previous government in the Information and Communication Technology (ICT) Division has...

Novoair steps into 14th year

2026-01-09 00:00:00

Novoair, one of the country's leading airlines, steps into its 14th year of operations today (Friday).To celebrate the milestone, the airline has taken a series of special initiatives, says a press statement.On the occasion, Novoair has announced a 14% discount...