Finance

Chaos at Islami Bank: Protests Halt Board Meeting Amid Sabotage Allegations

The fierce blockade forced bank authorities to scrap their scheduled board meeting, triggering sharp allegations that the organizing group, ‘Conscious Customer Forum,’ was backed by the controversial former owner, S. Alam Group, and opportunists within Jamaat Labonno Chowdhury: Tension flared at Islami Bank’s central office on Monday as furious demonstrators demanded the immediate cancellation of […]

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PM Tarique Rahman Chairs NEC Meeting, Approves Tk3 Lakh Crore Development Budget

the most discussed topic of this year’s ADP has been the unusually high block allocation, which accounts for more than one-third of the total development budget.According to the working paper of the Planning Commission, the total size of the ADP for the next fiscal year is set at Tk3 lakh crore       Special

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REHAB Oikya Parishad Panel Ahead in Vibrant Election Campaign

This popular panel is being led by the current President, Md. Wahiduzzaman, and Senior Vice President, Liakat Ali Bhuiyan.   Special Correspondent : The REHAB Oikya Parishad panel is surging ahead with a vibrant election campaign. On Thursday night, the panel hosted “Harmony Night: A Celebration of Unity” at the Banani Club, which saw enthusiastic

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Honest Leadership, Skilled Execution: A Member-Centric REHAB

  Presidential candidate Dr. Ali Afzal, the panel is committed to building a progressive and sustainable future for the housing industry.Advocating for the removal of complexities that hinder growth in the housing industry   By Labonno Chowdhury, Dhaka: Progoti Shila Parishad lit up the Sonargaon Hotel with a vibrant campaign for the upcoming REHAB Election

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The S Alam & Beximco Dominance: A Deep Dive into the Top 20 Loan Defaulters

  Responding to a written question from Abul Hasnat (Hasnat Abdullah), an MP of the National Citizen Party (NCP), the Finance Minister presented this information, alongside the list of the top 20 defaulting institutions Special Correspondent :  Finance Minister Amir Khosru Mahmud Chowdhury today, Sunday, disclosed the names of the top loan defaulters in the

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New Economic Chapter? PM and Top CEOs Talk Taxes, Energy, and Investment

PSAC, the first-of-its-kind platform designed to foster a structured, direct feedback channel between policymakers and entrepreneurs to help shape evidence-based economic policies.   Special Correspondent : Prime Minister Tarique Rahman is currently holding a high-stakes meeting with the country’s top business leaders at the Prime Minister’s Office (PMO), marking his first formal dialogue with the

New Economic Chapter? PM and Top CEOs Talk Taxes, Energy, and Investment Read Post »

End of Subsidies? Minister Says Fuel Prices Need Urgent Adjustment

Khosru said “If the government treasury continues to deplete due to high-priced fuel imports, development projects and social welfare programmes will be affected,”  Finance Reporter from Chattogram’s Anwara : Finance Minister Amir Khosru Mahmud Chowdhury has indicated that a decision to adjust fuel prices in the national interest may need to be taken soon. “If

End of Subsidies? Minister Says Fuel Prices Need Urgent Adjustment Read Post »

80 Crore Taka Heist: Top Industrial Group Targeted by Fraud Ring

The suspects face accusations of transferring funds via checks, purchasing illegal assets, and smuggling money abroad; consequently, a ban on leaving the country has been imposed. Special Correspondent: Authorities are seeking the public’s help in locating Razia Rahman Brishti and her husband, Md. Mejbah. According to a report by the daily Our Justice, the couple

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Bangladesh seeks over $2bn in fresh funds to mitigate fuel, LNG crisis

including the Asian Development Bank, the World Bank, the International Islamic Trade Finance Corporation and Asian Infrastructure Investment Bank — to mobilise fresh funding Diplomatic Correspondent : Bangladesh is seeking billions in external financing to secure fuel and liquefied natural gas imports, as the new government led by Prime Minister Tarique Rahman moves to stabilise

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Amir Khosru Prioritises Investment to Drive Employment in Next Budget

  Chattogram Reporter : Finance and Planning Minister Amir Khosru Mahmud Chowdhury has stressed the importance of domestic and foreign investment for Bangladesh’s economic recovery. Speaking on Friday during a visit to a proposed hospital site at Patenga Marine Drive in Chattogram, he said boosting investment is “essential” for increasing employment. “The priority is to

Amir Khosru Prioritises Investment to Drive Employment in Next Budget Read Post »

Silence at the Secretariat : Minister Mum as Mansur Out, Mostaqur In

  Staff Reporter : Finance Minister Amir Khosru Mahmud Chowdhury has declined to comment on the departure of economist Ahsan H Mansur from Bangladesh Bank, which was marked by protests and agitation. Asked on Thursday whether the manner of the governor’s exit was “right”, the minister repeatedly said: “I have nothing to say.” The response

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The Tk 860m Question: New Central Bank Governor Under Fire Over Defaulted Loan

  Labonno Chowdhury :  The Tk 860m Question: New Central Bank Governor Under Fire Over Defaulted Loan. The Mutual Trust Bank (MTB) restructured a defaulted loan of Tk 860 million belonging to the garment factory of the newly appointed Bangladesh Bank Governor Md Mostaqur Rahman approximately two months ago.The debt held by Hera Sweaters Limited

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