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Mortgaged asset auction hurdles fuel NPL build-up

GULAM RABBANI | 2025-03-05 00:00:00

Despite having money loan court (Artha Rin Adalat) decrees in their favour, banks and non-bank financial institutions (NBFIs) are not getting the desired success in selling mortgaged properties due to various complications. Bank officials are reluctant to sell such properties...

Banks' special securities fund stays two more years

SYFUL ISLAM | 2025-03-05 00:00:00

Banks' special fund designated for stock-market investment survives two more years until December next year as the regulator renews its tenure amid entreaties from stakeholders and fears of securities selloffs, officials said.After deciding to extend the tenure last week, they...

Import taboo, consumer boycott bite India's share

JASIM UDDIN HAROON | 2025-03-05 00:00:00

India's share in Bangladesh's total trade has been on a downturn since April 2024 as import restrictions and a consumer-driven boycott of Indian-made products weigh amid a change of wind, sources say.On the contrary, China's share in Bangladesh's trade has...

Banks need lesser cash reserve in BB for CRR cut

JUBAIR HASAN | 2025-03-05 00:00:00

Daily cash reserve ratio (CRR) requirement for commercial banks is relaxed to give the lenders some breathing space amid persisting liquidity tightness, officials said Tuesday.The central bank's decision lowering CRR-maintenance requirement by 50 basis points from existing 3.50 per cent...

Weather (2025-03-05)

2025-03-05 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country until 6:00 pm today (Wednesday), according to the Met Office.Day temperature may remain nearly unchanged and night temperature may fall slightly over the country.The highest temperature of the...

Bangabandhu Satellite-I renamed as Bangladesh Satellite-I

2025-03-05 00:00:00

The Bangladesh Satellite Company Limited (BSCL) has renamed the Bangabandhu Satellite-I as the Bangladesh Satellite-I, reports BSS.The BSCL has taken the move following a decision of the Advisory Council meeting, said a release on Tuesday.Besides, the Sajeeb Wazed Satellite Ground...

MRT police deployed for metro rail passengers’ safety

2025-03-05 00:00:00

Authorities have deployed MRT Police personnel to enhance security on the Dhaka Metro Rail, with at least two officers stationed inside each train to ensure passenger safety, reports bdnews24.com.The move was made in line with the instructions of the Dhaka...

A workshop titled 'Program Self-Assessment for Academic Excellence at GAU

2025-03-05 00:00:00

A workshop titled 'Program Self-Assessment for Academic Excellence at GAU: Frameworks and Implementation' in progress at Gazipur Agricultural University (GAU) on Tuesday. GAU Vice-Chancellor (VC) Professor Dr G K M Mustafizur Rahman was the chief guest of the programme. GAU...

CR Abrar set to be new education adviser

2025-03-05 00:00:00

Chowdhury Rafiqul Abrar, a former professor of international relations at Dhaka University who is popularly known as CR Abrar, is set to take an oath of office as an adviser to the interim government, reports bdnews24.com.He will be sworn in...

BR to start ticket sale on March 14

MUNIMA SULTANA | 2025-03-05 00:00:00

The Bangladesh Railway (BR) will start sale of train tickets for the homebound passengers on the occasion of the Eid-ul-Fitr on March 14 to operate the first intercity Eid trains on March 24.The state-owned train operator is expected to sell...

‘Poor quality’ iftar, sehri served in intercity trains

FE REPORT | 2025-03-05 00:00:00

Passengers were charged exorbitant prices for Sehri and Iftar and supplied substandard food for the meals on trains, Bangladesh Passenger Welfare Association (Bangladesh Jatri Kalyan Samity) said on Tuesday after visiting 14 intercity trains.The association's Secretary General Md. Mozammel Haque...

Edible oil market still remains volatile

FE REPORT | 2025-03-05 00:00:00

The edible oil market remains volatile despite considerable efforts to stabilise the market during this Ramadan. Prices of some other essential commodities, however, have declined on the third day of Ramadan, giving some relief to consumers. With the beginning of...

Three AL leaders held in Lalmonirhat

2025-03-05 00:00:00

LALMONIRHAT, Mar 4 (BSS): Police have arrested three Awami League (AL) leaders at their residences in Kaliganj upazila of the district in case filed over killing a man during student-led mass uprising.The arrestees are AL Cholbola union joint general secretary...

SC adjourns hearing on FFs' minimum age until March 12

2025-03-05 00:00:00

The Supreme Court (SC) has adjourned until March 12 the hearing on an appeal challenging the High Court (HC) judgment that declared illegal the government circulars and gazette notifications regarding minimum age of freedom fighters (FFs), reports BSS."Heard in part...

Court freezes 14 accounts of Suchana Foundation

2025-03-05 00:00:00

The Metropolitan Special Judge Court has ordered to freeze 14 bank accounts of Suchana Foundation of Saima Wajed Putul, South East Asian Regional Director of the World Health Organization (WHO), and daughter of ousted prime minister Sheikh Hasina, reports BSS.Md...

Verdict on appeal against conviction of Tarique, Mamun on March 6

2025-03-05 00:00:00

The Supreme Court (SC) has set March 6 for delivering its verdict on the appeal against the conviction of BNP Acting Chairman Tarique Rahman and businessman Giasuddin Al Mamun in a money laundering case, report agencies.A four-member bench of the...

Travel ban imposed on 11 people linked to S Alam, family

2025-03-05 00:00:00

A Dhaka court has imposed travel bans on 11 people involved with the interests of S Alam Group chairman Mohammad Saiful Alam, and his family, report agencies.Dhaka Senior Special Judge Md Zakir Hossain Galib passed the order on Tuesday, allowing...

Probe on about 330 victims of enforced disappearances

2025-03-05 00:00:00

The Commission of Inquiry on Enforced Disappearances has said it is now studying cases of 300 victims who are yet to return, reports BSS."The investigation regarding 300 victims of enforced disappearances who are yet to return is going on," chairman...

One-year-olds also raped during Sudan civil war, says UN

2025-03-05 00:00:00

LONDON, Mar 04 (BBC): Armed men are raping and sexually assaulting children as young as one during Sudan's civil war, says the UN children's agency, Unicef.So traumatised are the survivors that some say they have attempted to end their lives....

Chinese compulsory second foreign language in S Arabia

2025-03-05 00:00:00

RIYADH, Mar 04 (AFP): With a map of China on the wall behind him, 14-year-old Yasser al-Shaalan studied the names of professions in a Chinese textbook, one of thousands of Saudi children now learning the language at school.Mandarin's entry into...

Two die as car drives into crowd in Germany

2025-03-05 00:00:00

BERLIN, Mar 04 (Reuters): A car drove into a crowd in the western German city of Mannheim on Monday, killing at least two people and injuring 11 others, overshadowing carnival celebrations in the region where police had been on alert...

Russia-US talks on Ukraine not immediate

2025-03-05 00:00:00

MOSCOW, Mar 04 (Reuters): The Kremlin said in remarks published on Tuesday that the next round of Russia-US talks on ending the war in Ukraine is unlikely to happen before the embassies of both countries resume normal operations."Unlikely," Dmitry Peskov,...

Iran court jails ex-ministers over graft

2025-03-05 00:00:00

TEHRAN, Mar 04 (AFP): An Iranian court has sentenced two former ministers to prison over a multi-billion-dollar corruption case involving imported tea, the judiciary said Tuesday.The case, known in Iran as the Debsh Tea Scandal, was opened in 2023 and...

Today's Match (2025-03-05)

2025-03-05 00:00:00

Agha named Pakistan T20I captain, Rizwan to keep leading ODI side

2025-03-05 00:00:00

KARACHI, Mar 04 (AFP): Pakistan dropped Mohammad Rizwan as their T20 captain Tuesday but he will still lead the one-day side on the tour of New Zealand despite their failed Champions Trophy campaign.All-rounder Salman Agha will skipper the tourists in...

New Zealand `A’ cricket team to travel to Bangladesh in May

2025-03-05 00:00:00

The New Zealand national cricket team toured Bangladesh several times in the past, but for the first time, their `A' team is travelling to Bangladesh in May this year, reports UNB.Before the tour, a two-member representative of New Zealand cricket,...

SA, NZ seek ODI silverware in rare showdown

2025-03-05 00:00:00

LAHORE, Pakistan, Mar 04 (Reuters): South Africa will re-embark on an agonising quest for their first piece of ICC silverware since 1998 when they face New Zealand in Wednesday's semi-final of the Champions Trophy in Lahore, the scene of a...

BCB yet to pay Shakib for final four months of his contract

2025-03-05 00:00:00

While the Bangladesh Cricket Board (BCB) announced on Monday that they have decided to increase the salary of players as well as match fees, their premier all-rounder Shakib Al Hasan is yet to receive his salary for the final four...

Australia's captain Steve Smith sees an inside edge

2025-03-05 00:00:00

Australia's captain Steve Smith sees an inside edge off the pads roll onto the stumps without moving the bails during the ICC Champions Trophy ODI semi-final match at the Dubai International Stadium in Dubai on Tuesday-ICC

Manikganj hospital limping along with lone dialysis machine

2025-03-05 00:00:00

MANIKGANJ, Mar 04 (UNB): Kidney patients in Manikganj are bearing the brunt of badly needed dialysis service at the Manikganj 250-bed General Hospital as four, out of five, dialysis machines are now out of order, thanks to reluctance of the...