Sonali Bank inaugurates treasury automation
The largest state-owned commercial bank, Sonali Bank PLC, started its treasury activities fully automated with Core Banking System (CBS)...
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Chinese co to set up unit, invest $3m at CEPZ
Direction Technology (Bangladesh) Company Limited, a Chinese-owned company, is set to establish a manufacturing facility at the Chattogram Export Processing Zone to produce Bluetooth headphones, wired headphones and data cables...
鈥極wned鈥� frontman, actor Jashim鈥檚 son AK Ratul dies
AK Ratul, vocalist and bassist of popular Bangladeshi band 鈥極wned鈥� and son of late legendary actor Jashim, passed away Sunday afternoon after suffering a cardiac arrest while working out at a gym in Dhaka鈥檚 Uttara area...
Mime show depicts July mass uprising
Renowned mime artist Mir Lokman depicted student-led July mass uprising and contemporary issues in a solo mime show at the experimental theatre hall of Bangladesh Shilpakala Academy on Thursday...
Taiwan identifies 52 Chinese ships for close monitoring
Taiwan has identified 52 鈥榮uspicious鈥� Chinese-owned ships flying flags of convenience that require close monitoring if detected near the island, the coast guard said Monday, as Taipei seeks to protect its subsea telecoms cables.
WB calls for forensic audit of 4 state banks in Bangladesh, FID reluctant
The World Bank has intended to evaluate the asset quality of four state-owned banks in Bangladesh, with a particular focus on the scam-hit Janata Bank, using international audit firms.
Power Grid declares no dividend
Power Grid Bangladesh PLC, the state-owned power transmission company, announced that it will not pay any dividend to shareholders for the financial year 2023-24...
Papia Sarwar on life support
Renowned Tagore artiste Papia Sarwar was admitted to the ICU and placed on life support at a private hospital in Dhaka following a deterioration in her health condition on Wednesday...
PSC review on cards after offshore gas exploration bid attracts none
State-owned oil company Petrobangla is considering reviewing the production sharing contract as it failed to attract any international companies in the bidding floated to explore offshore gas...
Maulana Bhasani: an uncrowned emperor
NOVEMBER 17, 1976 is a solemn day in the history of our region鈥檚 history, marked by sadness and respect. On this day, revered leader Maulana Abdul Hamid Khan Bhashani, often referred to as the uncrowned king of Bengal, passed away. His death meant not only the loss of a political figure but also the fall of a giant in the fight for the...
Bangladesh鈥檚 six state-owned banks without MDs for a month
Bangladesh鈥檚 six major state-owned banks Sonali, Janata, Agrani, Rupali, BASIC and Bangladesh Development Bank have been operating without managing directors for nearly a month.
Surge in state-owned bank bad loans warrants special attention
A SURGE in non-performing loans in state-run banks, already plagued by non-performing loans of about 25 per cent of the total outstanding loans, shows the failure of the authorities to go tough on loan defaulters. This also shows the futility of concessions that the authorities have earlier given to loan defaulters...
Crisis-hit BASIC Bank likely to merge with City Bank
Crisis-hit BASIC Bank is likely to merge with City Bank following the government鈥檚 decision on merger of four state-owned banks...