Category: South Asia

Central bank reins in forward dollar deals

Central bank reins in forward dollar deals

The Bangladesh Bank has advised commercial banks to limit forward dollar bookings, aiming to prevent distortions in the spot foreign exchange market and contain potential upward pressure on the exchange rate. According to senior officials, the guidance followed a noticeable rise in forward booking activity among several banks after tensions escalated in the Middle East. […]
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Islami Bank Opens Hajj Service Booth

Islami Bank Opens Hajj Service Booth

Islami Bank Bangladesh PLC has inaugurated a dedicated Hajj service booth at the Hajj Camp in Ashkona, Dhaka, with the objective of facilitating banking services, providing essential information, and supplying necessary items to departing pilgrims. The booth was officially inaugurated on 16 April 2026 by Md. Altaf Hossain, Managing Director (Current Charge) of the bank, […]
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Government Boosts Fuel Supply Nationwide

Government Boosts Fuel Supply Nationwide

The Government has decided to increase the supply of petroleum products across the country with effect from today in response to unusual pressure in the domestic fuel market. The Bangladesh Petroleum Corporation (BPC) has confirmed that additional allocations have been made for diesel, octane and petrol in order to stabilise distribution and better align supply […]
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Unprotected Teesta Bank Raises Concern

Unprotected Teesta Bank Raises Concern

In Kurigram, residents living along a 3.5-kilometre unprotected stretch of the Teesta River embankment in Bajra Union under Ulipur Upazila are facing growing concern over possible river erosion ahead of the monsoon season. The anxiety is compounded by delays in ongoing riverbank protection works in adjacent sections. Under the Flood Control and Drainage Project (South […]
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Jahangirnagar University Student Detained Following On Campus Narcotics Raid Jahangirnagar University Student Detained Following On-Campus Narcotics Raid

Jahangirnagar University Student Detained Following On-Campus Narcotics Raid

In a stern crackdown on illicit activities within academic residential facilities, the administration of Jahangirnagar University (JU) detained a female student on Saturday, 18 April 2026, after she was allegedly discovered consuming narcotics. The raid, conducted at Nawab Faizunnesa Hall, resulted in the seizure of a significant cache of contraband, including cannabis, alcohol, and various […]
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Student Leader Brutally Bludgeoned While In Police Custody Student Leader Brutally Bludgeoned While In Police Custody

Student Leader Brutally Bludgeoned While In Police Custody

In a chilling escalation of campus violence that has sent shockwaves through the academic community, Amanullah Muaz, a prominent leader of the Jatiyatabadi Chhatra Dal (JCD) at Mymensingh Medical College (MMC), is currently battling for his life at the National Institute of Neurosciences & Hospital. The assault, which transpired on Friday, 17 April 2026, occurred […]
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SME Foundation and Prime Bank Sign Refinancing Deal SME Foundation and Prime Bank Sign Refinancing Deal

SME Foundation and Prime Bank Sign Refinancing Deal

In a pivotal move destined to fortify the backbone of Bangladesh’s industrial landscape, the SME Foundation and Prime Bank have formally entered into a comprehensive refinancing agreement. This strategic partnership is meticulously designed to streamline access to credit for entrepreneurs operating within the Cottage, Micro, Small, and Medium Enterprise (CMSME) sector. By bridging the critical […]
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