Category: Bangladesh

Armed Syndicate Demolishes Chittagong Security Camp Using Heavy Machinery

Armed Syndicate Demolishes Chittagong Security Camp Using Heavy Machinery

An armed criminal syndicate launched a coordinated nocturnal assault on a Rapid Action Battalion (RAB) outpost in the Alinagar sector of Jungle Salimpur, situated within the Sitakunda Upazila of Chittagong. The attack, which commenced at approximately 02:00 BST on Monday, involved sustained gunfire and the tactical deployment of a bulldozer to demolish state security infrastructure. […]
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Viral Bull Sparks Social Media Buzz Viral Bull Sparks Social Media Buzz

Viral Bull Sparks Social Media Buzz

As Eid-ul-Azha approaches, a cattle farmer has drawn widespread attention by naming his unusually large bull “Nasiruddin Patwari” in a humorous attempt to attract buyers at a local sacrificial animal market. The unconventional naming strategy has quickly gone viral on social media, triggering both amusement and debate among viewers. According to local sources, the bull […]
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Strong Premium Growth Boosts MS Amlin Annual Profit

Strong Premium Growth Boosts MS Amlin Annual Profit

Global reinsurer MS Amlin has posted a standalone net profit after tax of $312 million (£268 million) for the financial year concluded 31 December 2025. Financial statements published under IFRS 17 regulatory rules show that this represents a 79.9% surge over the $173.5 million (£149 million) net profit declared during the previous twelve-month period. The […]
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Importers and Lenders Face Disruptions From Trade Finance Cap

Importers and Lenders Face Disruptions From Trade Finance Cap

The Association of Bankers, Bangladesh (ABB) has formally appealed to Bangladesh Bank to revise its recently tightened ceiling on foreign currency trade financing interest rates. In an official memorandum dated 14 May 2026, obtained by The Business Standard, the apex body of commercial banks asserted that capping short-term credit lines at the Secured Overnight Financing […]
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Central Bank and Shimanto Bank Partner for CMSME Growth

Central Bank and Shimanto Bank Partner for CMSME Growth

Shimanto Bank PLC has entered into a formal partnership with the central bank of Bangladesh to enhance credit availability for Cottage, Micro, Small, and Medium Enterprises (CMSMEs) nationwide. The private commercial lender executed two distinct participation agreements with Bangladesh Bank, aligning with the Cluster Financing Scheme and the FSFDMSME Refinancing Scheme. Managed under the auspices […]
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Prime Bank Unveils Cashless QR Cattle Purchasing System

Prime Bank Unveils Cashless QR Cattle Purchasing System

Prime Bank PLC has launched a specialized Bangla QR-based transaction system tailored for purchasing sacrificial livestock ahead of the Eid-ul-Adha festival. This development represents the first deployment of a unified, interoperable QR code payment infrastructure within Bangladesh’s traditional livestock trading sector. The digital system allows shoppers to complete high-value retail acquisitions electronically, eliminating the security […]
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Chhilmari College Gates Breached For Livestock Market 2 Chhilmari College Gates Breached For Livestock Market

Chhilmari College Gates Breached For Livestock Market

An administrative dispute has emerged in the Chhilmari upazila of Kurigram district after structural locks at a government-aided higher education institution were forcefully breached to establish a temporary livestock market ahead of the upcoming religious festival. The incident, which has drawn strong condemnation from institutional heads and district authorities, directly involves a local leader of […]
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