Category: Updates

Bangladesh Bank to Launch Islamic Interbank Market

Bangladesh Bank to Launch Islamic Interbank Market

Bangladesh Bank has decided to establish an Islamic interbank money market by June of the current fiscal year, creating a dedicated platform for Shariah-compliant banks to manage short-term liquidity efficiently. The move addresses a critical gap in the financial system, as Islamic banks cannot currently access the conventional call money market due to religious restrictions. […]
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AB Bank, Scholastica Sign Education MoU

AB Bank, Scholastica Sign Education MoU

AB Bank PLC. has entered into a strategic partnership with Scholastica School through the signing of a Memorandum of Understanding (MoU), providing substantial educational benefits for the children of the bank’s permanent staff. Under the agreement, eligible students will receive up to 50% off admission fees, enabling easier access to one of the country’s leading […]
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Seven Bangladeshis Held Over Terrorist Plot in India

Seven Bangladeshis Held Over Terrorist Plot in India

Indian security agencies have announced the disruption of a major terrorist plot, with eight suspected operatives arrested in a wide-ranging operation. The detainees are alleged to have links with the Pakistan-based militant organisation Lashkar-e-Taiba, and officials confirmed that seven of those held are Bangladeshi nationals. The arrests followed an extensive intelligence-led investigation conducted over approximately […]
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IRGC Threatens Strikes on Major US Tech Firms IRGC Threatens Strikes on Major US Tech Firms

IRGC Threatens Strikes on Major US Tech Firms

Iran’s Islamic Revolutionary Guard Corps (IRGC) has issued an explicit warning threatening action against major United States technology corporations, including Meta, Google and Apple, as well as other multinational firms operating across the Gulf region. The statement has triggered heightened security concerns, with the group reportedly advising employees and nearby residents in affected areas to […]
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Fakhar Zaman Receives Two Match Ban for Tampering Fakhar Zaman Receives Two-Match Ban for Tampering

Fakhar Zaman Receives Two-Match Ban for Tampering

Pakistan international opener Fakhar Zaman has been handed a two-match suspension after being found guilty of ball tampering during a Pakistan Super League fixture, a ruling that has intensified debate over disciplinary standards in franchise cricket. The decision was announced by the Pakistan Cricket Board following an official investigation into the match between Lahore Qalandars […]
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In remembrance—No one has remembered Shahid Saber In remembrance—“No one has remembered Shahid Saber”

In remembrance—“No one has remembered Shahid Saber”

In the vast and often turbulent landscape of South Asian history, certain lives—rich in talent, sacrifice, and promise—fade quietly into obscurity. One such figure is Shahid Saber, a journalist, author, and dreamer whose life story reflects both the creative spirit and tragic fate of a generation shaped by political upheaval and war. Born as AKM […]
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Strategic Insurance Alliance Expands in Tokyo Strategic Insurance Alliance Expands in Tokyo

Strategic Insurance Alliance Expands in Tokyo

A new phase of strategic collaboration has emerged within Japan’s insurance sector following a minority equity acquisition by Japan Post Insurance Co., Ltd. in the insurance distribution group Hoken Minaoshi Hompo Group. The move is aimed at reinforcing Japan Post Insurance’s long-term growth strategy through closer integration with a leading multi-channel distribution platform. The transaction […]
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