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Southeast Bank MD sent on forced leave amid loan irregularity investigation

2025-05-06 00:00:00

Nuruddin Md. Sadeque Hossain, managing director (MD) of Southeast Bank PLC (SEBL), has been sent on a three-month forced leave, effective Monday, said sources from SEBL and Bangladesh Bank, reports UNB.This leave will continue until August 4th. During this period,...

Syed Mizanur Rahman appointed as MD of AB Bank

2025-05-06 00:00:00

Syed Mizanur Rahman has been appointed as managing director & CEO of AB Bank , with effect from May 5, according to a press statement. Mr. Rahman joined AB Bank in March 2011 as senior vice president and worked in...

Bank stocks mirror lenders' sapping financial health as investors react to news

MOHAMMAD MUFAZZAL | 2025-05-06 00:00:00

Bank stocks that used to be investors' preferred choice among equities for investment have long been failing to attract buyers because of their weakening financial health. The latest news over the lenders' deepening capital shortfalls dragged them to a new...

Embracing Earth economics, securing a better future for all

Manmohan Parkash | 2025-05-06 00:00:00

In a world teetering on the brink of climate catastrophe, the need for a new economic paradigm has never been more urgent. Traditional economic models, built on the principles of growth at all costs, have led us to environmental degradation,...

Let the farmers get what they deserve

2025-05-06 00:00:00

In Bangladesh, farmers are the unsung heroes. Yet, generation after generation, they have been left to toil in silence. Their sweat sustains the nation, but they are lef tin a state of neglect. Once a country grappling with food shortages...

Eliminate discrimination in service delivery

2025-05-06 00:00:00

The administration is the driving force of a state upholding the people's trust and justice. It's primary duty is to ensure equal rights and opportunities for all citizens without prejudice. Unfortunately, discrimination and favouritism are still evident at various levels...

Education sector needs overhauling

Syed Fattahul Alim | 2025-05-06 00:00:00

The report that a teacher at the Chirirbandar Government Model Pilot High School examination centre in Dinajpur's Chirirbandar upazila has been fined Tk. 2000 and sentenced to 7 days' prison for helping a student to answer questions through mobile phone...

Consensus a must to channel aid to Rakhine

Mir Mostafizur Rahaman | 2025-05-06 00:00:00

The concept of a humanitarian or aid corridor is something relatively new to most people in Bangladesh. Yet, it has emerged as a central topic of national discussion following a recent UN-initiated proposal to channel aid to the famine-stricken Rakhine...

Primary scholarship desirable but not enough

2025-05-06 00:00:00

Reinstatement of scholarship for primary students, class V to be precise, makes sense following the cancellation of what was called a competence-based and outcome-focused education system introduced in 2023. With the introduction of the Primary Education Completion (PEC) examinations under...

Political reforms are people's agenda, not of any party

Helal Uddin Ahmed | 2025-05-06 00:00:00

Bangladesh is now going through a critical phase centring on the debates surrounding political reforms and parliamentary election, which will have far-reaching consequences for the country's future. Many people and parties tend to mix up the reform agenda with that...

Barrister Abdur Razzaq passes away

2025-05-05 12:00:00

Barrister Abdur Razzaq, former assistant secretary general of Bangladesh Jamaat-e-Islami passed away at a hospital in the capital on Sunday. He was 74, reports UNB. Razzaq, also a senior lawyer of the Supreme Court (SC), breathed his last around 4:10...

Syndicate in Jamdani-sari trade

2025-05-05 12:00:00

Jamdani saris, meticulously handwoven by traditional artisans, are not just garments - they are embodiments of Bengal's cultural legacy. Every sari carries the invisible threads of labour, passion, and centuries-old craftsmanship. Yet, the very hands that create these masterpieces are...

Makeshift wooden stalls used by footpath hawkers

2025-05-05 00:00:00

Makeshift wooden stalls used by footpath hawkers have been kept on a road median under the metro rail flyover in Purana Paltan area of Dhaka city. Trees once planted along this strip as part of a city beautification initiative are...

Sara Zaker on freezing of Asiatic 3sixty's bank accounts

2025-05-05 00:00:00

The sudden freezing of the bank accounts of Asiatic 3sixty by the National Board of Revenue (NBR) has placed the livelihoods of its employees, their families, and its extended partners at serious risk and raised concerns with deep empathy, Sara...

China launches "Green Channel" for medical treatment visas for Bangladeshis

FE REPORT | 2025-05-05 00:00:00

The Embassy of China in Bangladesh has introduced special facilitation measures for medical treatment visas to China, says a spokesman of the Embassy on Sunday.To implement the important consensus reached by the leaders of China and Bangladesh during the visit...

Japanese Ambassador to Bangladesh Saida Shinichi holding talks with BNP Secretary General

2025-05-05 00:00:00

Japanese Ambassador to Bangladesh Saida Shinichi holding talks with BNP Secretary General Mirza Fakhrul Islam Alamgir at the party chairperson's Gulshan office in the capital on Sunday

Complete visa process by today

2025-05-05 00:00:00

The Ministry of Religious Affairs has ordered the Hajj agencies to submit visa applications for all remaining pilgrims by 12 noon today (Monday), reports UNB.In a letter sent to all lead and coordinating Hajj agencies on Sunday, the ministry said...

Yields on T-bills fall slightly-

FE REPORT | 2025-05-05 00:00:00

Yields on treasury bills (T-bills) fell slightly Sunday as banks expressed willingness to invest their excess liquidity in short-term securities.The cut off yield, generally known as interest rate, on the 91-Day T-bills came down to 11.61 per cent on the...

UAE resumes issuing visit visas for Bangladeshis

FE REPORT | 2025-05-05 00:00:00

The United Arab Emirates (UAE) Embassy in Dhaka has resumed issuing visit visas for Bangladeshis as the process expedited following bilateral talks. UAE Ambassador to Bangladesh ALHmoudi informed Lutfey Siddiqi, special envoy to the chief adviser, on Sunday that the...

July-March export receipts from local farm products rise 6.14pc

MONIRA MUNNI | 2025-05-05 00:00:00

The country's export earnings from agricultural products grew by 6.14 per cent to reach US$807.06 million during the July-March period of the current financial year over the matching period of last fiscal.Bangladesh's fetched US$760.4 million from export of farm products...

3.5-yr DEE support project now to take 16 years to complete

JAHIDUL ISLAM | 2025-05-05 00:00:00

Authorities concerned have sought time extension for a support project of the Dhaka Elevated Expressway (DEE) that was supposed to be completed in three and a half years but 25 per cent of the works are yet to be completed...

BSC to float tenders soon to buy two bulk carriers

FE REPORT | 2025-05-05 00:00:00

The Bangladesh Shipping Corporation (BSC) plans to float tenders in a couple of weeks to buy two bulk carriers from China with its own funds."I am ready with tender documents. Waiting for the ministry's approval to float," BSC Managing Director...

BPC eyes commissioning on May 13

M AZIZUR RAHMAN | 2025-05-05 00:00:00

Bangladesh's maiden oil-carrying pipeline is all set to transport diesel from the port city of Chattogram to Narayanganj depots from next week as its pre-commissioning has already kicked off, said officials."After completing the project work, we are now carrying out...

Prayer Timings (2025-05-05)

2025-05-05 00:00:00

Court orders freezing of Aziz Khan, family's shares

2025-05-05 00:00:00

A Dhaka court has ordered the freezing of shares in Luxembourg belonging to Summit Group Chairman Aziz Khan, his family and entities associated with him following the seizure of bank accounts and land, reports bdnews24.com.Dhaka Metropolitan Senior Special Judge Md...

BD bans cattle import ahead of Eid-ul-Adha

FE REPORT | 2025-05-05 00:00:00

No cattle will be allowed to enter the country, as the Ministry of Fisheries and Livestock imposed a ban on cattle import on Sunday.Farida Akhter, adviser of the ministry, stated that cattle imports would not be permitted this year for...

NBR halts manual system, preparing for digital one

FE REPORT | 2025-05-05 00:00:00

National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan on Sunday said the NBR has halted manual tax-audit selection in preparation for a risk-based digital audit system and plans a performance-measurement mechanism to track all the suspects made by...

Aid channel may aid Rohingya repatriation: NSA

FE REPORT | 2025-05-05 00:00:00

Channeling aid to Rakhine State in Myanmar from Bangladesh may open up an opportunity for Rohingya repatriation, says a government high official while dispelling hearsay about corridor discussion. Dr Khalilur Rahman, National Security Adviser and High Representative of the Chief...

ADB signals budget-support credit to BD

Doulot Akter Mala From Milan | 2025-05-05 00:00:00

A signal comes from the Asian Development Bank (ADB) about considering 'letter of comfort' from the IMF to extend budget-support finance to Bangladesh.ADB Vice President Yingming Yang gave the indication in a meeting with Finance Adviser of the interim government...

Foreign banks easing credit lines, fuel suppliers lowering risk premiums

JUBAIR HASAN | 2025-05-05 00:00:00

Foreign banks begin easing line-of-credit backup to local banks and fuel suppliers lowering risk premiums as spinoffs from a steady rise in remittance into Bangladesh, sources say, as April receipt sets a record. The country received US$2.75 billion worth of...