Category: Bangladesh

news thumbnail 1765193791169 Jamalpur Tragedy as Two Men Die After Taking Rat Poison

Jamalpur Tragedy as Two Men Die After Taking Rat Poison

Two residents of Dewanganj upazila in Jamalpur have died after accidentally consuming rat poison tablets, reportedly mistaking them for gastric medicine, according to police and family sources. The tragic incident occurred on Sunday afternoon in Baniapara village under Parramrampur Union, sending shockwaves through the close-knit rural community. The deceased were identified as Kanku Mia, aged […]
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Dollar Sees Slight Drop in Todays Exchange Rates Slight Decline in Dollar and Foreign Currencies Today

Slight Decline in Dollar and Foreign Currencies Today

Trading in Bangladesh’s foreign exchange market continued on Monday, marking the second working day of the week, with the US dollar experiencing a slight decline in value. After a brief period of consecutive gains, the dollar had fallen last week, only to resume an upward trend from Wednesday onwards. Yesterday, the currency remained largely unchanged, […]
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news thumbnail 1765185408045 Road Accident Treatment Claim Rejection Ruled Deficiency in Service

Road Accident Treatment Claim Rejection Ruled Deficiency in Service

The Ernakulam district consumer disputes redressal commission has held that denying reimbursement for treatment taken after a road accident on the grounds of non-emergency constitutes unfair trade practice and deficiency in service. The ruling followed a complaint by K M Muhiyudheen of Pallari Mangalam, Ernakulam, against Oriental Insurance Company and Medisep. The complainant was seriously […]
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news thumbnail 1765172115637 Governor pushes for restructuring amid record NPL surge

Governor pushes for restructuring amid record NPL surge

After the change of government, the true extent of non-performing loans (NPLs), kept hidden for years, has come to light, prompting the central bank to instruct commercial bank managing directors to implement restructuring and partial write-off measures. At a meeting with bankers, Bangladesh Bank Governor Ahsan H Mansur stated that NPLs had reached Tk 6.44 […]
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Banks Rush to Recover Defaulted Loans with Nearly 15000 Cases in Three Months Nearly 15,000 Cases in Three Months as Banks Intensify Defaulted Loan Recovery

Nearly 15,000 Cases in Three Months as Banks Intensify Defaulted Loan Recovery

The long-standing practice of masking defaulted loans through policy support has effectively ended following the change of government, exposing the true scale of financial stress within Bangladesh’s banking sector. With this protective layer removed, the volume of classified loans has surged into full view, pushing the total value of defaulted loans close to Tk 650,000 […]
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news thumbnail 1765165811104 Banking Crisis Leaves Depositors Unable to Access Savings

Banking Crisis Leaves Depositors Unable to Access Savings

Despite a year passing since the political shift, the banking sector has yet to regain normalcy, leaving many depositors unable to withdraw money when required. Bangladesh Bank insists that transactions will stabilise soon, though economists warn that solving the crisis with government funding without punishing loan defaulters will not yield sustainable results. Depositor Monir Hossain […]
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Bangladeshi Exporters Sweep Major HSBC Awards — Find Out Who Made the List Bangladeshi Exporters Sweep Major HSBC Awards — Find Out Who Made the List!

Bangladeshi Exporters Sweep Major HSBC Awards — Find Out Who Made the List!

Four Bangladeshi industrial enterprises have been recognised with the prestigious HSBC Export Excellence Award for their contributions to the country’s export sector and their commitment to sustainable development. The Hongkong and Shanghai Banking Corporation (HSBC) conferred the awards for the ninth time at a ceremony held on Sunday evening at the Radisson Blu Hotel in […]
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