Category: State

Asia Bears Brunt of 2025 Disaster Losses

Asia Bears Brunt of 2025 Disaster Losses

In 2025, natural disasters inflicted profound economic shocks across the globe, with Asia emerging as the hardest-hit region. According to estimates from the international reinsurance industry, total economic losses worldwide from natural hazards reached approximately USD 224 billion, of which the Asia–Pacific region accounted for nearly USD 73 billion—almost one-third of global losses. This figure […]
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JASAD Condemns Alleged Plan to Erase Liberation Archives

JASAD Condemns Alleged Plan to Erase Liberation Archives

The Jatiya Samajtantrik Dal (JASAD) has issued a strong denunciation of what it describes as a deliberate and systematic plan by the interim government to destroy historically significant documents relating to Bangladesh’s 1971 Liberation War. The party has characterised the alleged move as an intentional attempt to erase the nation’s heroic past and undermine the […]
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Individual Depositors Secured Amid NBFI Liquidation Individual Depositors Secured Amid NBFI Liquidation

Individual Depositors Secured Amid NBFI Liquidation

In a significant move to safeguard small investors, the government has announced that individual depositors of nine financially distressed non-bank financial institutions (NBFIs) will receive the full return of their principal amounts, though no interest will be paid. The initiative is backed by a government support package of BDT 5,000 crore, designed to facilitate the […]
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Questions Over Ex-Deputy Governor’s Bank Accounts

Questions Over Ex-Deputy Governor’s Bank Accounts

Fresh concerns over financial transparency and regulatory accountability have surfaced in Bangladesh’s banking sector following disclosures about an unusually large volume of bank accounts and transactions linked to former central bank deputy governor S M Moniruzzaman. An inspection conducted by the Bangladesh Financial Intelligence Unit (BFIU) found that Moniruzzaman maintained a total of 159 bank […]
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Central Bank Slashes Savings Profits in Major Merger Central Bank Slashes Savings Profits in Major Merger

Central Bank Slashes Savings Profits in Major Merger

In a sweeping move intended to stabilise the nation’s fragile Sharia-based banking sector, Bangladesh Bank has announced a two-year profit “haircut” for millions of depositors. Customers of five prominent Islamic lenders currently undergoing a mandatory merger will receive no returns on their savings for the years 2024 and 2025. This drastic measure, while aligned with […]
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Swift Justice Bogra Kidnappers Jailed and Cash Recovered Swift Justice: Bogra Kidnappers Jailed and Cash Recovered

Swift Justice: Bogra Kidnappers Jailed and Cash Recovered

A high-stakes criminal operation in Bogra has culminated in the arrest of three individuals after a municipal engineer was abducted by a gang impersonating Detective Branch (DB) officers and journalists. The victim, Jahangir Alam Biplob, 55, a sub-assistant engineer for the Sariakandi Municipality, was forced to pay a hefty ransom before being released by his […]
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Central bank chiefs bank CEOs back Powell under Trump pressure Central bank chiefs, bank CEOs back Powell under Trump pressure.

Central bank chiefs, bank CEOs back Powell under Trump pressure.

13 January, Reuters: In an unprecedented show of international solidarity, the world’s leading central bank governors and top Wall Street CEOs have voiced unequivocal support for Federal Reserve Chair Jerome Powell following threats of a potential criminal investigation from the Trump administration. The move underscores both the extensive networks Powell has cultivated during his tenure […]
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BNP Alleges Manipulation After Postal Ballot Video Surfaces BNP Alleges Manipulation After Postal Ballot Video Surfaces

BNP Alleges Manipulation After Postal Ballot Video Surfaces

A fresh controversy has emerged ahead of Bangladesh’s thirteenth parliamentary election after videos showing large numbers of postal ballots being counted inside a private residence circulated widely on social media. The footage, which has triggered intense political debate, appears to show several individuals handling and counting postal ballots bearing addresses from Bahrain, raising questions about […]
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Bank Asia is recruiting with no age restrictions Bank Asia is recruiting, with no age restrictions

Bank Asia is recruiting, with no age restrictions

Bank Asia PLC has announced a new recruitment drive for the position of Company Secretary, inviting applications from qualified and experienced candidates. The application window will remain open until 25 January 2026, providing ample time for interested professionals to apply. The bank has emphasised that candidates must hold a master’s degree or an equivalent qualification. […]
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