Category: Asia

Offshore Dollar Loans to Boost Export Competitiveness

Offshore Dollar Loans to Boost Export Competitiveness

The Bangladesh Bank is preparing to offer exporters offshore dollar loans at an interest rate of 8%, a significant reduction from the 14–16% charged on domestic currency loans. The central bank is expected to issue a formal circular shortly, detailing operational procedures and eligibility criteria for this new facility. The initiative aims to lower financing […]
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Forex Manipulation Fears Intensify

Forex Manipulation Fears Intensify

Bangladesh’s central bank has sounded the alarm over a suspected attempt by vested groups to engineer instability in the country’s foreign-exchange market, exploiting global uncertainty stemming from the ongoing Middle East conflict. Officials at Bangladesh Bank say they have identified efforts to create an artificial dollar shortage by fuelling rumours of a steep depreciation of […]
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Bulbul Rejects BCB Overhaul Claims Presidency Bulbul Rejects BCB Overhaul, Claims Presidency

Bulbul Rejects BCB Overhaul, Claims Presidency

Former Bangladesh captain Aminul Islam Bulbul has declared himself the “only legitimate president” of the Bangladesh Cricket Board (BCB), rejecting the newly formed ad-hoc committee led by former skipper Tamim Iqbal as “unconstitutional and illegal”. His stance has further escalated an already volatile governance crisis within Bangladesh cricket. The comments came after the National Sports […]
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Middle East Crisis Grounds Eight Flights at Chattogram Airport Middle East Crisis Grounds Eight Flights at Chattogram Airport

Middle East Crisis Grounds Eight Flights at Chattogram Airport

Chattogram’s Shah Amanat International Airport has witnessed the cancellation of a further eight international flights over the past two days, as ongoing geopolitical tensions in the Middle East continue to disrupt air connectivity across key Gulf routes. Airport authorities confirmed that the cancellations are directly linked to the closure or operational restrictions affecting major airports […]
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Asif Mahmood Post Sparks BCB Leadership Debate Asif Mahmood Post Sparks BCB Leadership Debate

Asif Mahmood Post Sparks BCB Leadership Debate

A cryptic social media post by former youth and sports adviser Asif Mahmud Shojib Bhuyain has intensified speculation over possible leadership changes within Bangladesh cricket, amid an already turbulent restructuring of the Bangladesh Cricket Board (BCB). His remarks, though indirect, have been widely interpreted as a signal of deeper political and administrative shifts surrounding the […]
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Ancelotti Set to Remain Brazil Coach Until 2030 World Cup Ancelotti Set to Remain Brazil Coach Until 2030 World Cup

Ancelotti Set to Remain Brazil Coach Until 2030 World Cup

Brazil are poised to secure a long-term future under Italian tactician Carlo Ancelotti, with the Brazilian Football Confederation moving to extend his contract through to the FIFA World Cup 2030. The agreement, which is reportedly in its final stages, would ensure continuity for the national team well beyond the upcoming World Cup cycle. According to […]
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