Category: Bangladesh

Sammilito Islami Bank Establishes War-Room to Accelerate Investment Recovery

Sammilito Islami Bank Establishes War-Room to Accelerate Investment Recovery

In a major move aimed at safeguarding depositors’ interests and bolstering financial stability, Sammilito Islami Bank PLC has formally inaugurated a dedicated ‘Collection & Recovery War-Room’. The initiative is designed to centralise, coordinate, and intensify the bank’s efforts in recovering classified and overdue investments across its expanding network. The war-room was officially declared operational by […]
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River Police Intercept Nine Kilos of Cannabis at Chandpur Terminal 2 River Police Intercept Nine Kilos of Cannabis at Chandpur Terminal

River Police Intercept Nine Kilos of Cannabis at Chandpur Terminal

A targeted operation by the River Police at Chandpur Launch Terminal led to the arrest of two women caught transporting nine kilograms of cannabis in the early afternoon on Sunday. Acting on actionable intelligence regarding illicit narcotics movement, officers established a cordon near the passenger boarding gates at approximately 1:45 pm to apprehend the suspects […]
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Thirteen Districts on Alert as Squalls and Heavy Rain Loom 2 Thirteen Districts on Alert as Squalls and Heavy Rain Loom

Thirteen Districts on Alert as Squalls and Heavy Rain Loom

The Bangladesh Meteorological Department has issued a weather warning forecasting squall-driven rain and thunderstorms across thirteen districts, including the capital, Dhaka, through Monday morning. Atmospheric conditions are expected to produce temporary gusts reaching speeds between 45 and 60 kilometres per hour. Valid from 9:00 pm on Sunday, 16 August, until 9:00 am on Monday, the […]
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PBI Ordered to Investigate Savar Police Officer Over Extortion Claims 2 PBI Ordered to Investigate Savar Police Officer Over Extortion Claims

PBI Ordered to Investigate Savar Police Officer Over Extortion Claims

A senior judicial court in Dhaka has directed the Police Bureau of Investigation (PBI) to launch a formal probe into Sub-Inspector Mohammad Neyamat Ullah of Savar Model Police Station following serious allegations of bribery, extortion, and custody-related intimidation. Dhaka Additional Chief Judicial Magistrate Md Mahabubur Rahman issued the directive on Sunday afternoon, 16 August. Accepting […]
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Two Women Detained at Dhanmandi 32 Implicated in Anti Terrorism Case 2 Two Women Detained at Dhanmandi 32 Implicated in Anti-Terrorism Case

Two Women Detained at Dhanmandi 32 Implicated in Anti-Terrorism Case

Two young women detained while attempting to pay respects at the historic residence of Bangabandhu Sheikh Mujibur Rahman at Dhanmandi 32 on 15 August have been formally shown arrested in an Anti-Terrorism Act case filed six months ago. The individuals, identified as 21-year-old Jannatul Ferdous, also known as Jannat, and 29-year-old Suma Boral, known as […]
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CounterTerrorism Raid in Dhaka Nets Explosive Devices and Suspects Counter-Terrorism Raid in Dhaka Nets Explosive Devices and Suspects

Counter-Terrorism Raid in Dhaka Nets Explosive Devices and Suspects

A joint security operation in the capital’s eastern neighborhood of Demra culminated in the arrest of a 26-year-old man following the discovery of two objects resembling improvised explosive devices. The raid, spearheaded by Bangladesh’s specialized Counter Terrorism and Transnational Crime (CTTC) unit in coordination with local Anti-Terrorism Officers (ATO), also led to the detention of […]
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Reinsurers Beat Capital Costs for Third Year Despite Softening Market 1 Reinsurers Beat Capital Costs for Third Year Despite Softening Market

Reinsurers Beat Capital Costs for Third Year Despite Softening Market

Global reinsurers achieved financial returns well above their cost of capital in 2025, marking a third consecutive year of robust outperformance across the international market. According to a comprehensive industry report published by credit rating agency AM Best, disciplined portfolio repricing, rigorous risk selection, and strategic de-risking across primary underwriting portfolios served as the principal […]
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Central Bank Grants SS Power Import LC Facilities Under Strict Terms 1 Central Bank Grants SS Power Import LC Facilities Under Strict Terms

Central Bank Grants SS Power Import LC Facilities Under Strict Terms

In a decisive move to support critical energy infrastructure, Bangladesh Bank has permitted SS Power-1 Limited, a major power generation enterprise owned by the prominent conglomerate S. Alam Group, to open import Letters of Credit (LCs) under a mandatory 100 per cent cash margin condition. State-owned Rupali Bank has been formally authorised by the regulator […]
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The Kings Unbroken Reign Why Elvis Presley Still Shapes Global Pop Culture 1 The King’s Unbroken Reign: Why Elvis Presley Still Shapes Global Pop Culture

The King’s Unbroken Reign: Why Elvis Presley Still Shapes Global Pop Culture

Nearly half a century after his untimely death, the name Elvis Presley requires no qualification. On 16 August 1977, the entertainment world lost its most magnetic performer when Presley passed away at his Graceland estate in Memphis, Tennessee, at the age of just 42. Forty-nine years on, he remains universally acclaimed as “The King”. This […]
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Mymensingh Power Station Shut Down for 26 Days Amid Severe Gas Deficit 2 Mymensingh Power Station Shut Down for 26 Days Amid Severe Gas Deficit

Mymensingh Power Station Shut Down for 26 Days Amid Severe Gas Deficit

A prolonged fuel shortage has forced the complete operational shutdown of the 210-megawatt Rural Power Company Limited (RPCL) power plant in Shambhuganj, plunging Mymensingh Division into an escalating energy crisis. The state-backed facility has remained entirely inactive for 26 consecutive days. Compounding the regional deficit, two neighbouring private power plants have seen their output drop […]
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