Category: Bangladesh

Midland Bank Forms Strategic Partnership with Marco Polo

Midland Bank Forms Strategic Partnership with Marco Polo

Midland Bank PLC formalised a strategic partnership with Marco Polo Dhaka Hotel through the signing of a Memorandum of Understanding (MoU). The signing ceremony took place at Midland Bank’s headquarters in Gulshan-2, Dhaka, with senior representatives from both organisations in attendance. Representing Midland Bank, Chief Technology Officer (CTO) Md. Nozmul Huda Sarkar signed the agreement, […]
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Train will go to Coxs Bazar without stopping at Chittagong Train will go to Cox's Bazar without stopping at Chittagong

Train will go to Cox’s Bazar without stopping at Chittagong

Bangladesh is set to take a significant step forward in modernising its rail connectivity, with a major infrastructure upgrade that will enable direct, non-stop train services from Dhaka to Cox’s Bazar without halting at Chattogram station. The transformation is being made possible through a substantial loan from the Asian Development Bank (ADB), underscoring growing international […]
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Devastating Fire Erupts in Dhaka’s Babu Bazar Tower

Devastating Fire Erupts in Dhaka’s Babu Bazar Tower

In the early hours of Tuesday, a catastrophic fire broke out in one of Dhaka’s busiest commercial hubs, Babu Bazar, sending shockwaves through the local community. The blaze originated on the sixth floor of the fourteen-storey Haji Tower at approximately 6:40 a.m., immediately alarming residents and shopkeepers alike. Within moments, occupants of the building and […]
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ADB Approves Major Loan for Chattogram–Dohazari Rail

ADB Approves Major Loan for Chattogram–Dohazari Rail

Bangladesh has taken a significant stride towards modernising its south-eastern transport infrastructure, as the Asian Development Bank (ADB) formally approves a substantial loan of USD 688 million for the Chattogram–Dohazari railway upgrade. The funding aims to transform one of the country’s strategic rail corridors into a modern, efficient, and environmentally sustainable network. On 22 December, […]
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Mickey Arthur Vows to Avoid Play off Collapse Mickey Arthur Vows to Avoid Play-off Collapse

Mickey Arthur Vows to Avoid Play-off Collapse

The ambition in the Rangpur Riders’ camp is palpable as they transition from their recent international success to the rigours of the Bangladesh Premier League (BPL). Following their historic title win in the inaugural Global Super League, the franchise has once again entrusted Mickey Arthur, the vastly experienced 57-year-old South African coach, to lead their […]
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Prime Bank To Provide Payroll Services for Bauwerk Prime Bank To Provide Payroll Services for Bauwerk

Prime Bank To Provide Payroll Services for Bauwerk

A new era of financial convenience has arrived for the employees of Bauwerk Limited following a strategic collaboration with Prime Bank PLC. This milestone agreement, signed recently at the bank’s corporate headquarters in Dhaka, establishes a robust payroll banking framework designed to integrate cutting-edge financial technology with a comprehensive suite of retail banking perks. By […]
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Central Bank Reports Robust Growth in Foreign Reserves Central Bank Reports Robust Growth in Foreign Reserves

Central Bank Reports Robust Growth in Foreign Reserves

n a significant boost to the nation’s macroeconomic outlook, Bangladesh’s foreign exchange reserves have witnessed a notable upward trend, providing a much-needed cushion against global market volatility. According to the latest figures released by the central bank on Monday, 22 December 2025, the country’s gross reserves have climbed to a substantial $32.72 billion (32,720.12 million). […]
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Merged Banks Shares Written Down to Zero Merged Banks’ Shares Written Down to Zero

Merged Banks’ Shares Written Down to Zero

Bangladesh Bank has instructed five Shariah-based banks, recently merged into Sammilito Islami Bank PLC, to declare the shares of their existing shareholders as zero, after assessments revealed that the net asset value (NAV) of these shares is negative. The affected banks are First Security Islami, Social Islami, Global Islami, Union, and EXIM, according to a […]
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Bangladesh India Relations Edge Towards Crisis Bangladesh-India Relations Edge Towards Crisis

Bangladesh-India Relations Edge Towards Crisis

Tensions between Bangladesh and India, which escalated following the dramatic political developments of 5 August, have intensified, raising serious concerns over the security of diplomatic missions in both countries. The latest incidents have underscored the fragility of bilateral ties and the potential for further diplomatic strain. On Monday, the Indian Visa Application Centre (IVAC) in […]
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