Category: Asia

Mystery Surrounds Missing Gazette Declaring Dr Yunus ‘VVIP Mystery Surrounds Missing Gazette Declaring Dr Yunus ‘VVIP’

Mystery Surrounds Missing Gazette Declaring Dr Yunus ‘VVIP’

A significant controversy has erupted in Bangladesh following reports that the former head of the interim government, Professor Muhammad Yunus, declared himself a “Very Very Important Person” (VVIP) shortly before relinquishing power. Despite the official nature of such a declaration, the specific gazette notification has reportedly vanished from the website of the Bangladesh Government Press […]
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Badamtoli Fruit Market Records Daily Billion Taka Turnover Badamtoli Fruit Market Records Daily Billion-Taka Turnover

Badamtoli Fruit Market Records Daily Billion-Taka Turnover

As the holy month of Ramadan commences, the historic Badamtoli Wholesale Market in Old Dhaka has transformed into a sprawling hub of frantic commerce. Serving as the primary artery for the nation’s fruit supply, this century-old marketplace is currently witnessing a staggering daily turnover estimated between 200 and 300 crore BDT. From the early hours […]
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Anti Corruption Chiefs Resign to Meet Government Expectations Anti-Corruption Chiefs Resign to Meet Government Expectations

Anti-Corruption Chiefs Resign to Meet Government Expectations

In a significant administrative shift following the recent general elections, the Chairman of the Anti-Corruption Commission (ACC), Dr Mohammad Abdul Momen, has formally tendered his resignation. Addressing members of the press on Tuesday, Dr Momen clarified that his departure—along with that of two senior commissioners—was not the result of external coercion or political pressure, but […]
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Bangladesh Bank Relaxes Loan Renewal Rules for Businesses Bangladesh Bank Relaxes Loan Renewal Rules for Businesses

Bangladesh Bank Relaxes Loan Renewal Rules for Businesses

In a significant move to bolster the nation’s commercial sector, the central bank of Bangladesh has announced a substantial relaxation of the regulations governing the renewal of continuous loans. This policy shift effectively reverses a stringent directive issued eight months ago, which had mandated that borrowers must settle any over-limit amounts before their credit facilities […]
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Asif Mahmud Under Scrutiny as Bank Accounts Probed Asif Mahmud Under Scrutiny as Bank Accounts Probed

Asif Mahmud Under Scrutiny as Bank Accounts Probed

The Bangladesh Financial Intelligence Unit (BFIU) has formally requested the comprehensive banking records of Asif Mahmud Shojib Bhuyain, a prominent leader of the July student uprising and a former adviser to the interim government. In a directive issued on Monday, the financial watchdog instructed all commercial banks and financial institutions to submit detailed statements and […]
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DNCC Waste to Energy Project Faces Two Year Delay DNCC Waste-to-Energy Project Faces Two-Year Delay

DNCC Waste-to-Energy Project Faces Two-Year Delay

The ambition to transform the mounting waste of Dhaka North City Corporation (DNCC) into a sustainable energy source has hit a significant bureaucratic bottleneck. According to the newly appointed DNCC Administrator, Mahmudul Hasan, the commencement of the long-awaited waste-to-energy power plant at Aminbazar is currently stalled due to the absence of a final environmental clearance […]
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