Staff Reporter :The Centre for Policy Dialogue (CPD) revealed at a press conference on Monday that approximately Tk 92,261 crore was embezzled in 24 major banking scams between 2008 and 2023. This figure is equivalent to 12 percent of Bangladesh’s national budget for FY24 or 2 percent of the country’s gross domestic product (GDP) for FY23. The data was presented by CPD Executive Director Fahmida Khatun, who was joined by CPD Research Fellow Syed Yusuf Sadat. The think tank emphasised...
Staff Reporter :BNP Secretary General Mirza Fakhrul Islam Alamgir announced on Monday that the BNP will give the Dr Muhammad Yunus-led Interim Government the necessary time to create a conducive atmosphere for holding a national election. “We have given this interim government the time required to create a proper environment for holding an election,” Fakhrul stated while speaking to reporters after a meeting between the Chief Adviser and senior BNP leaders at the State Guest House, Jamuna, in the capital....
Staff Reporter :Food inflation in Bangladesh surged to 14.1 percent in July, the highest at least in a decade as prices showed no signs of cooling down, hitting the pockets of the consumers who spend most of their incomes to feed their families. Correspondingly, overall inflation hit 11.66 percent in July, the highest at least since 2010-11 fiscal year, reflecting the worsening of the purchasing capacity of people, according to the Bangladesh Bureau of Statistics (BBS) published on Monday. Non-food...
Staff Reporter :Islami Bank, IFIC face new spate of unrest, violence as their employees engaged in protest and infightings on...
Staff Reporter :The BBC’s fact-checking division, BBC Verify, has exposed numerous fake posts circulating on social media in India, falsely claiming severe persecution of Hindus in Bangladesh following the resignation of Prime Minister Sheikh Hasina. The misinformation emerged amid widespread violence across Bangladesh after Hasina’s departure, with many fake posts gaining traction on social media, the BBC reports. The fact-checking team investigated several posts and found that, while some attacks on minorities did occur, many reports were exaggerated or fabricated....
Staff Reporter :Authorities will be prepared to resume metro rail operations within seven days, with the exception of two stations...
Staff Reporter :The interim government is committed to securing the release of Bangladeshi workers in the United Arab Emirates who have been sentenced to jail, including life imprisonment, for participating in demonstrations supporting the Anti-Discrimination Student Movement. Md Touhid Hossain, the Foreign Affairs Adviser for the interim government, announced that efforts will be made to address the situation. “Some Bangladeshi workers in the UAE have been jailed for demonstrating in favour of the student movement. We are closely observing the...
Diplomatic Correspondent :The interim government’s Foreign Affairs Adviser, Md. Touhid Hossain, stated that this government wants to maintain a balanced relationship with the neighbouring countries, including India and China, as well as other big countries. “We would see our interests as well as the interests of our neighbours. Both Bangladesh and India have a very profound relationship. But there are perceptions among people that India has damaged our interests,” he said during a view-exchange meeting with the journalists in the...
Staff Reporter :The Bangladesh Financial Intelligence Unit (BFIU) has taken decisive action by freezing the bank accounts of former Foreign Minister Hasan Mahmud and his family members, a BFIU official confirmed on Sunday. This move follows the recent fall of the Sheikh Hasina government and raises further questions about the future of those closely associated with the previous administration. Hasan Mahmud was detained at Hazrat Shahjalal International Airport (HSIA) on August 6 while attempting to flee the country. “He was...
Staff Reporter :In a pointed critique of the current political landscape, Home Affairs Advisor M. Sakhawat Hossain has condemned the...
UNB :Newly appointed Chief Justice Syed Refaat Ahmed and two more advisers to the interim government took oath at the...