Bangladesh Bank has clearly stated that the banks concerned will have to take responsibility for returning depositors’ money from weak banks. It has also been informed that the central bank is not going to acquire any bank in this regard. Bangladesh Bank Executive Director and Spokesperson Arif Hossain Khan gave …
Read More »Currency exchange: Full value for torn notes if 90% is intact
If more than 90% of the torn, torn or dirty currency notes are intact, the customers will get the full value of the note back immediately. There will be an obligation to exchange such notes from any branch of any bank in the country. However, if 90% or less of …
Read More »Repatriating laundered funds may take 4–5 years: BB governor
Bangladesh Bank Governor Dr Ahsan H Mansur said on Wednesday that recovering laundered money from abroad is a lengthy process and may take four to five years owing in large part to legal countermeasures expected to be taken by the accused. Dr Mansur made the remarks while talking to reporters …
Read More »Half of banks fall short as default loans mount
The steady rise in non-performing loans has sharply eroded the financial health of Bangladesh’s banking sector, with half of the country’s domestic banks failing to maintain mandatory provisions against defaulted loans. Data from Bangladesh Bank show that 26 of the 52 domestic lenders did not keep the required loan-loss provisions, …
Read More »‘Onion market destabilised by pre-Ramadan hoarding in 7 dists’
Large volumes of onions are being stored in major onion-producing regions, raising concerns that certain groups linked directly and indirectly to production are hoarding supplies to profit from the expected surge in demand ahead of Ramadan and Eid. Allegations suggest that while supply at the wholesale level remains relatively stable, …
Read More »Biman introduces body cameras for staff at HSIA
Biman Bangladesh Airlines has introduced body-worn cameras for staff involved in baggage handling at Hazrat Shahjalal International Airport (HSIA) in Dhaka, aiming to strengthen security, transparency and accountability in ground handling operations. Under the initiative, traffic staff responsible for baggage handling and transportation have been equipped with body cameras to …
Read More »Human trafficking survivor-led enterprises take centre stage
Winrock International’s Ashshash project, supported by the Embassy of Switzerland in Bangladesh, brought together survivor-turned micro-entrepreneurs, market actors, financial institutions and policy leaders at a conference in Dhaka. The National Women Entrepreneurs’ Conference 2025 was a landmark event designed to amplify the economic reintegration of trafficking survivors and accelerate the …
Read More »BSC to buy 22 mother vessels to boost maritime trade
The Bangladesh Shipping Corporation, the state-owned maritime operator, is preparing a landmark plan to procure 22 mother vessels worth Tk 10,000 crore, aiming to strengthen the nation’s control over seaborne foreign trade. If implemented over the next five years, the initiative will significantly expand the presence of Bangladeshi-flagged ships in …
Read More »Toyota Bangladesh opens 1st showroom
Toyota Bangladesh Limited, the newest arm of Japanese automotive giant Toyota Tsusho Corporation, inaugurated its first showroom on Wednesday in Dhaka’s Tejgaon Industrial Area. The launch marks the company’s initial step toward expanding its presence in the country, officials said. At the ceremony, Premmit Singh, managing director of Toyota Bangladesh …
Read More »Yunus for fraudulence free system to send workers abroad
Citing that Bangladesh was facing a deep and complex crisis in overseas employment due to entrenched broker syndicates, document forgery and systemic failures, chief adviser Muhammad Yunus on Wednesday put emphasis on building a broker and fraudulence free system in sending workers abroad. ‘Overseas migration has become dangerously entwined with …
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