Category: Bangladesh

Bangladeshi Ship Sets Sail Through Hormuz Strait After Ceasefire

Bangladeshi Ship Sets Sail Through Hormuz Strait After Ceasefire

After being stranded in the Persian Gulf for over a month due to the Middle Eastern conflict, the Bangladeshi-flagged vessel MV Banglar Joyatra has resumed its journey through the strategic Strait of Hormuz. The ship, operated by the Bangladesh Shipping Corporation (BSC), carries a crew of 31 Bangladeshi seafarers. According to MarineTraffic monitoring, the vessel […]
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Insurance for Single Mothers Protection or Restriction

Insurance for Single Mothers: Protection or Restriction?

The number of single mothers in Bangladesh is steadily rising, bringing the issue of financial security into sharp focus. For women raising children alone on limited incomes, the responsibility of managing household expenses and securing their children’s future rests entirely on their shoulders. In this context, savings and life insurance are increasingly viewed not as […]
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City Bank Receives Tk 1,200 Crore Bond Approval

City Bank Receives Tk 1,200 Crore Bond Approval

The Bangladesh Securities and Exchange Commission (BSEC) has approved a Tk 1,200 crore subordinated bond issued by City Bank, one of the country’s leading private banks. The seven-year bond aims to strengthen the bank’s Tier-2 capital and support its growing lending operations across corporate, retail, and SME sectors. The approval was granted during the 1007th […]
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Fuel Allocation Discrepancy at BNP Leader’s Station

Fuel Allocation Discrepancy at BNP Leader’s Station

Authorities in Mymensingh have uncovered significant discrepancies in fuel records at a filling station owned by Azizul Haque, the member secretary of the Gauripur Upazila unit of the Bangladesh Nationalist Party (BNP). The irregularities were detected over a six-day period, involving nearly 50,000 litres of fuel, leading to the arrest of the station’s manager. The […]
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NBR Pushes Digital Integration with Banks

NBR Pushes Digital Integration with Banks

The National Board of Revenue (NBR) has launched a major initiative to digitally link taxpayers’ financial records with banks, enabling automatic access to essential information for tax filings. The programme is expected to reduce manual processes, minimise taxpayer inconvenience, and enhance transparency in revenue collection. Under the scheme, taxpayers will be able to link closing […]
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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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