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Incentives accelerate virtual ecosystem in transaction space

Jubair Hasan | 2026-05-24 00:00:00

Various incentives for using digital-payment applications are helping accelerate the virtual ecosystem in the transaction space, which is believed to be playing a significant role in advancing Bangladesh's much-sought-after transition towards a cashless economy.Aligning with the Bangladesh Bank's (BB's) priority...

Bangladesh moves towards cashless economy

JASIM UDDIN HAROON | 2026-05-24 00:00:00

The country is bracing for a major transformation of its financial ecosystem as the central bank seeks to reduce dependence on physical currency and gradually build up a cashless economy. Driven by rapid technological advancement and continued modernisation of the...

Dutch-Bangla Bank remains at the forefront of digital transformation

2026-05-24 00:00:00

The card-based payment ecosystem in Bangladesh has undergone a remarkable transformation over the past five years, driven by increasing digital awareness, smartphone penetration, growth in e-commerce, regulatory support from Bangladesh Bank and customers' preference for secure and convenient payment channels,...

Digital channels are becoming a preferred mode of transactions

JUBAIR HASAN | 2026-05-24 00:00:00

Prime Bank PLC continues to invest in cutting edge technology to further intensify its virtual banking services as digital channels no longer an alternative option but becoming a preferred payment method.As part of the greater objective set by Bangladesh Bank...

Cashless convenience in Eid-ul-Azha celebration

Shiabur Rahman | 2026-05-24 00:00:00

The Eid-ul-Azha, one of the greatest festivals of Muslim throughout the world, symbolises sacrifice, devotion, compassion, and solidarity. Celebrated to commemorate the attempt of Prophet Ibrahim (AS) to sacrifice his son Ismail (later a prophet) upon receiving orders from Almighty...

United Forum sweeps CCCI election

NAZIMUDDIN SHYAMOL | 2026-05-24 00:00:00

CHATTOGRAM, May 23: Election of the board of directors of Chittagong Chamber of Commerce and Industry (CCCI), the oldest trade body of the country, was held for the 2025-26 and 2026-27 terms on Saturday. The United Business Forum, led by...

Leather sector seeks urgent policy rescue

FE REPORT | 2026-05-24 00:00:00

The leather industry is facing mounting pressure from rising financial costs, weak infrastructure and policy bottlenecks, prompting fresh calls for urgent government intervention to revive one of the country's most promising export sectors. Experts and business leaders at a discussion...

Big Four accounting firm KPMG set to exit Bangladesh

Doulot Akter Mala | 2026-05-24 00:00:00

Big Four accounting firm KPMG is set to exit Bangladesh after nearly 60 years of operations in the country.The firm has also decided to withdraw from Egypt and Pakistan as part of a broader global restructuring of its operations.In Bangladesh,...

BD in critical reform phase ahead of LDC graduation, says ADB

FE REPORT | 2026-05-24 00:00:00

Bangladesh is entering a critical reform phase ahead of its scheduled graduation from the Least Developed Country (LDC) category, according to the latest report of the Asian Development Bank (ADB), which warns that weak governance, fiscal vulnerabilities and institutional fragmentation...

Ramisa's killer to get maximum punishment within a month: PM

2026-05-24 00:00:00

Mymensingh, May 23 (UNB): Prime Minister Tarique Rahman on Saturday vowed to ensure the highest punishment within the next one month for the killer of eight-year-old Ramisa Akter, who was allegedly raped and murdered in the capital. "The government will...

Govt launches offshore energy bid round today

M AZIZUR RAHMAN | 2026-05-24 00:00:00

Bangladesh is set to formally launch its long-awaited offshore bidding round today (Sunday), offering 26 hydrocarbon-exploration blocks to international oil companies (IOCs) under significantly improved contractual terms. The move marks one of the government's most ambitious efforts in recent years...

Central bank tightens rules on bank dividends

FE REPORT | 2026-05-24 00:00:00

Bangladesh Bank has introduced a tougher dividend policy for banks that allows only institutions with at least Tk 20 billion in paid-up capital to declare cash dividends from 2026 onward. The move signals the regulator's growing emphasis on building stronger...

End blame-centric politics, ensure reforms, merit-based governance

FE REPORT | 2026-05-24 00:00:00

On a stocktaking of the new government's three-month doings, analysts stress moving beyond blame-centric politics and ensuring practical reforms, institutional accountability, merit-based governance and stronger policy direction for days ahead.They came up with the observations Saturday at a meet and...

BB launches massive Tk 600b refinancing fund

FE REPORT | 2026-05-24 00:00:00

A massive refinancing and support fund worth Tk 600 billion has been launched to reinvigorate Bangladesh's slowing private-sector-led economy with vibrant business activity.Generating employment for over 2.50 million people is among cardinal objectives of the stimulus package Bangladesh Bank (BB)...

Toll hits 512 as 13 more children die

FE REPORT | 2026-05-24 00:00:00

The total number of deaths from measles and measles-like symptoms has reached 512 with 13 more children dying in 24 hours until Saturday 8:0am, said the health authorities.Of the total deaths since mid-March, 86 were confirmed measles cases, according to...

Kishoreganj man killed while 'fighting for Russia'

2026-05-24 00:00:00

A man from Kishoreganj's Karimganj Upazila has reportedly been killed in a mine explosion while "fighting for Russia" near the Ukraine border, plunging his family into grief, reports bdnews24.com.Police said relatives learned of the death through a video message sent...

Brutality against children in BD must stop: UNICEF

2026-05-24 00:00:00

UNICEF Representative in Bangladesh Rana Flowers has said UNICEF is deeply shocked and saddened by the recent brutal violence against children reported across Bangladesh, including the rape and killing of girls and boys in settings where they should have been...

All efforts underway to bring Ramisa's killer to justice: Swapon

2026-05-24 00:00:00

Condemning the murder of eight-year-old schoolgirl Ramisa, Information and Broadcasting Minister Zahir Uddin Swapon has said the entire nation is deeply saddened and shocked by the brutal incident, reports BSS.The government has taken all necessary measures to bring the perpetrators...

UN Resident Coordinator Carol Flore-Smereczniak pays a courtesy call on Home Minister Salahuddin Ahmed

2026-05-24 00:00:00

UN Resident Coordinator Carol Flore-Smereczniak pays a courtesy call on Home Minister Salahuddin Ahmed at his office in the capital on Saturday.

Less than 10pc of e-waste recycled in country

FE REPORT | 2026-05-24 00:00:00

Less than 10 per cent of nearly 3.0 million tonnes of annual electronic waste is formally recycled in the country despite the existence of the Hazardous Waste (E-Waste) Management Rules, 2021, according to an assessment report unveiled at a dissemination...

Ex-CJ Khairul shown arrested in fresh case

2026-05-24 00:00:00

A Dhaka court has ordered former chief justice (CJ) ABM Khairul Haque to be shown arrested in a murder case linked to violence during the July movement in the capital's Jatrabari, blocking his release from prison, bdnews24.com.Metropolitan Magistrate Sarah Farzana...

JCD files case against 22 Jhenaidah NCP leaders

2026-05-24 00:00:00

JHENAIDAH, May 23 (UNB): A case has been filed against leaders and activists of the National Citizen Party (NCP) in Jhenaidah amid an ongoing political conflict between the party and Jatiyatabadi Chhatra Dal (JCD).The case was filed with Jhenaidah Sadar...

Prof Abdullah-Al-Mamun made UGC member

2026-05-24 00:00:00

DU CorrespondentDr Abdullah-Al-Mamun, professor of the Department of Japanese Studies at the University of Dhaka, has been appointed as a full-time member of the University Grants Commission (UGC) of Bangladesh.The Secondary and Higher Education Division under the Ministry of Education...

Security beefed up ahead of Eid-ul-Azha

2026-05-24 00:00:00

FE REPORTLaw enforcement agencies have taken extensive measures to ensure the safety and security of homebound passengers, cattle markets and shopping malls, along with maintaining smooth traffic management ahead of the upcoming Eid-ul-Azha.The seven-day government holiday for the festival will...

People more aware now, won't forgive graft takers

2026-05-24 00:00:00

Delivering a stern message to the country's engineers, LGRD, and Cooperatives Minister Mirza Fakhrul Islam Alamgir has said the public is now more aware and will not forgive mistakes committed by those in positions of authority, reports UNB."People of the...

Citi to boost Asia wealth business with 'significant' hires, global head says

2026-05-24 00:00:00

HONG KONG, May 23 (Reuters): Citigroup plans to allocate a significant portion of its global wealth management hiring to Asia, where its private bank is growing faster and generating higher productivity than in other regions, the bank's global wealth head...

ANSAR & VDP MEMBERS AND EMPLOYEES GET EID GIFTS ---

2026-05-24 00:00:00

ANSAR & VDP MEMBERS AND EMPLOYEES GET EID GIFTS Bangladesh Ansar & VDP organised an Eid gift distribution programme for its allowance-receiving members and employees ahead of Eid-ul-Azha. The concluding ceremony of the programme was held at its headquarters in...

JANATA BANK ALCO MEETING HELD ----

2026-05-24 00:00:00

JANATA BANK ALCO MEETING HELD The Asset-Liability Management Committee (ALCO) of Janata Bank PLC held a meeting at the bank's head office on Thursday, with Managing Director Md Mazibur Rahman in the chair. Deputy Managing Director Kazi Abdur Rahman along...

Prime Bank appoints Faisal Rahman as CEO

2026-05-24 00:00:00

Prime Bank has appointed Faisal Rahman as its chief executive officer (CEO), effective from Sunday.A seasoned banking professional with over 30 years of experience, Rahman brings extensive expertise in corporate and institutional banking, corporate finance, structured finance, sustainable finance, and...

CITIZENS BANK, BB SIGN AGREEMENT FOR CLUSTER FINANCING, MSME DEV.--

2026-05-24 00:00:00

CITIZENS BANK, BB SIGN AGREEMENT FOR CLUSTER FINANCING, MSME DEV.Citizens Bank signed a participation agreement with Bangladesh Bank (BB) to implement Tk 30 billion Cluster Financing Scheme and Tk 20 billion agro processing for the development of micro, small and...