Category: South Asia

Rabindra Sammelan Concludes in Dhaka

Rabindra Sammelan Concludes in Dhaka

The 44th annual session and concluding ceremony of the National Rabindra Sangeet Sammelan Parishad ended in Dhaka with a series of cultural discussions, award presentations, organisational announcements, and commemorative observances, underscoring calls for renewed engagement with cultural practice. At the closing session, chief guest Ferdousi Mazumdar delivered a statement emphasising the importance of continued practice […]
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Law Change Opens Bank Reclaim Route

Law Change Opens Bank Reclaim Route

An amendment to Bangladesh’s Bank Resolution Ordinance has introduced a legal mechanism that allows former owners of distressed banks to seek restoration of control over institutions currently undergoing resolution. The change applies to the ongoing consolidation of five troubled banks—First Security Islamic Bank, Social Islamic Bank, Union Bank, Global Islamic Bank, and Exim Bank—into Sammilito […]
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EBL, MPA Partner for Digital Transactions

EBL, MPA Partner for Digital Transactions

Eastern Bank PLC has signed a Memorandum of Understanding (MoU) with the Mongla Port Authority to introduce advanced digital banking services at Mongla Port, aiming to improve the efficiency and reliability of financial transactions at the country’s second-largest seaport. The MoU was signed recently at Mongla, according to a media release issued by the bank. […]
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Digital Banking Risks Highlighted in Dhaka

Digital Banking Risks Highlighted in Dhaka

Bangladesh must strengthen its institutional and regulatory readiness before issuing licences for digital banks, as the model carries inherent risks such as fraud and cyber theft, experts warned at a conference in Dhaka on Saturday. The observations underscored the need for a cautious and well-structured approach to financial innovation in an increasingly digitised economy. Digital […]
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Online Classes Roll Out in Select Institutions in Bangladesh Online Classes Roll Out in Select Institutions in Bangladesh

Online Classes Roll Out in Select Institutions in Bangladesh

Online academic instruction is set to commence from Sunday, 12 April, in selected educational institutions across Bangladesh, marking a renewed effort to blend digital and in-person learning amid ongoing logistical and energy-related challenges. The move comes as traditional classes are temporarily suspended in parts of the country due to the Vaisabi festival, affecting both government […]
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Surging Bank Borrowing Raises Debt Alarm in Bangladesh 1 Surging Bank Borrowing Raises Debt Alarm in Bangladesh

Surging Bank Borrowing Raises Debt Alarm in Bangladesh

Bangladesh’s fiscal landscape has come under renewed scrutiny after government borrowing from the banking system surged sharply in recent months, raising concerns among economists and business leaders over debt sustainability, liquidity pressures, and long-term macroeconomic stability. According to central bank data, government borrowing from banks has increased by nearly BDT 41,000 crore within just one […]
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Border Seizure in Chuadanga Nets Gold Bars Smuggler Border Seizure in Chuadanga Nets Gold Bars Smuggler

Border Seizure in Chuadanga Nets Gold Bars Smuggler

Bangladesh’s Border Guard (Border Guard Bangladesh) has arrested a suspected smuggler and seized four gold bars during a targeted operation along the Baradi frontier in Chuadanga’s Damurhuda upazila, in a significant enforcement action against cross-border trafficking networks. The incident took place on Saturday evening (11 April) in the Five Graves area near the border, following […]
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