Category: South Asia

City Bank Records Tk 1324 Crore Profit Milestone City Bank Records Tk 1,324 Crore Profit Milestone

City Bank Records Tk 1,324 Crore Profit Milestone

City Bank PLC has posted the highest profit in its corporate history for the financial year 2025, achieving a record-breaking performance despite an adverse macroeconomic backdrop characterised by inflationary pressure, tighter liquidity conditions, and persistent global economic uncertainty. According to disclosures made on Friday (10 April), the bank recorded a consolidated net profit of Tk […]
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Thakurgaon Bar Election Sees Split Political Victory Thakurgaon Bar Election Sees Split Political Victory

Thakurgaon Bar Election Sees Split Political Victory

The election to the Thakurgaon District Lawyers’ Association has concluded peacefully, producing a closely contested result in which candidates backed by both the Awami League and the Bangladesh Nationalist Party (BNP) secured victories across key posts. The polls, held under a calm and orderly environment, reflected a competitive but disciplined electoral process within the local […]
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Vietnam Finance Firms Face Customer Pressure In Crowded Market Vietnam Finance Firms Face Customer Pressure In Crowded Market

Vietnam Finance Firms Face Customer Pressure In Crowded Market

Vietnam’s financial services sector is entering 2026 with renewed consumer optimism, yet firms are grappling with intensifying competition and rising customer expectations in an increasingly saturated marketplace. Fresh insights from NielsenIQ (NIQ) reveal a shifting financial mindset among Vietnamese consumers—one that blends traditional caution with a growing willingness to borrow and invest. After a turbulent […]
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Dollar Weakens as Yuan Surges Dollar Weakens as Yuan Surges

Dollar Weakens as Yuan Surges

A notable shift has emerged in global currency markets as prolonged geopolitical tensions show tentative signs of easing. The US dollar has come under renewed pressure, recording its sharpest decline since January, while major alternative currencies—particularly the Chinese yuan, the euro, and the British pound—have strengthened, signalling a recalibration in global investor sentiment. According to […]
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ADB Projects Steady Bangladesh Growth ADB Projects Steady Bangladesh Growth

ADB Projects Steady Bangladesh Growth

The Asian Development Bank (ADB) has forecast that Bangladesh’s economic growth could reach 4.0 per cent in the 2025–26 fiscal year, signalling a gradual but steady recovery despite persistent global and domestic challenges. According to its latest Asian Development Outlook, the country’s economy is expected to continue improving over the medium term, supported by recovering […]
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Hormuz Standoff Halts Bangladeshi Vessel Hormuz Standoff Halts Bangladeshi Vessel

Hormuz Standoff Halts Bangladeshi Vessel

In the context of heightened regional tensions linked to the Iran–Israel conflict, the Bangladesh Shipping Corporation vessel Banglar Joyjatra has once again found itself immobilised near a critical maritime chokepoint after facing renewed complications at the Strait of Hormuz. The ship, which had already endured an extended 40-day delay at a Saudi Arabian port, resumed […]
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