Novoair stops flight operations for financial crisis
Novoair, a Bangladeshi private airline company, shut down its operations from Friday (May 2) due to an internal financial crisis...
Tags : crisis
CA apprised of security aspects
Chief adviser Professor Muhammad Yunus was apprised of overall security aspects including the border situation and Rohingya crisis in a meeting at his residence-cum office Jamuna.
Severe energy crisis affects life, business in Bangladesh
A severe energy crisis has been affecting every aspect of life, commerce and business as the country passes yet another year of bad energy planning.
Terror, communal politics and India鈥檚 existential crisis
THE picturesque town of Pahalgam, once fondly dubbed the 鈥楽witzerland of India,鈥� now bears the weight of a tragedy that marks a troubling shift in India鈥檚 socio-political landscape. The deadly gun attack in this Himalayan resort town, which claimed the lives of at least 26 people, including foreign nationals and a naval officer, is not merely another terror incident. It is a...
Leadership vacuum at BSEC deepens stock market crisis
Bangladesh鈥檚 capital markets are mired in an escalating crisis, marked by a mass exodus of retail investors, paralysed regulatory decision-making, and eroding confidence...
WHO countries strike landmark agreement on tackling future pandemics
Years of negotiations culminated early Wednesday with countries agreeing the text of a landmark accord on how to tackle future pandemics, aimed at avoiding the mistakes made during the Covid-19 crisis...
2 US officials in Dhaka to discuss trade, tariff, Rohingya, politics
Two United States high officials, deputy assistant secretary at the Bureau of South and Central Asian Affairs Nicole Ann Chulick arrived at Dhaka on Tuesday, and deputy assistant secretary at the Bureau of East Asian and Pacific Affairs...
World mustn鈥檛 forget the Rohingyas
THE Rohingya refugee crisis remains one of the most protracted humanitarian emergencies in modern history. They have been living in Bangladesh, particularly in Cox鈥檚 Bazar, for nearly four decades. Even before the latest major influx that occurred in late 2017, I visited them in 2015 in Ukhiya鈥檚 Kutupalong registered camp. Since the mass exodus in 2017, more than one...
Stakeholders urge quick resolution to BSEC crisis
Stakeholders of the capital market on Sunday called for a swift resolution to the ongoing crisis at the Bangladesh Securities and Exchange Commission, expressing concerns that the recent incidents at the commission had caused frustration and anxiety among investors at home and abroad...
BB reduces CRR for banks to 3pc amid cash crisis
Bangladesh Bank on Tuesday reduced the cash reserve ratio (CRR) for banks from 3.5 per cent to 3 per cent considering the current poor deposit growth in the banking sector...
UNHCR urges global focus on Rohingya crisis
Visiting United Nations High Commissioner for Refugees Filippo Grandi hoped that the international community would renew its focus to resolve the Rohingya crisis...
Bangladesh鈥檚 migration crisis
FOR decades, Bangladesh鈥檚 economy has been fuelled by remittances sent by millions of its migrant workers. These men and women, mostly employed in low-wage sectors in the Gulf states and Malaysia, work tirelessly in construction, domestic service, and factories, sending home billions of dollars each year. In 2024, Bangladesh received almost $27 billion in...
Govt needs to resolve the crisis, not be highhanded
THIS is unacceptable that the government has not yet addressed the grievances of 6,531 recommended assistant teachers in government primary schools in Dhaka and Chattogram and has, instead, been highhanded with them. It has already been 11 days that the recommended teachers are demonstrating against a February 6 High Court verdict that declared illegal and...
Soya bean oil crisis hits Dhaka markets
The edible oil market in Dhaka has become unstable as supply of bottled soya bean oil has sharply declined...
Locals shine amid foreign players鈥� crisis
The Bangladesh Premier League has long featured spectacular performances from global stars such as Chris Gayle and AB de Villiers, but the country鈥檚 only franchise tournament has consistently struggled to attract marquee foreign players due to the rise of franchise leagues around the world and recruitment issues...
Industries reeling from persistent gas crisis
Industry insiders have said that due to years of interruption in gas supply, export-oriented industries and other manufacturing units were facing an acute crisis...
Foreign fund cuts to worsen Rohingya crisis: Touhid
Foreign adviser Md Touhid Hossain urged the international community to come forward to support Rohingyas, noting that any foreign fund cuts would make addressing the Rohingya humanitarian crisis even harder...
MYANMAR鈥橲 CRISIS: Regional threat, strategic response
MYANMAR鈥橲 ongoing civil war has reached a critical point, with the rise of ethnic armed organisations significantly altering the balance of power in the country. Among these groups, the Arakan Army has gained substantial control over Rakhine State, capturing key border areas near Bangladesh. This shift in power has further complicated the already...
BANKING SECTOR: Legal complexities worsen default loan crisis
The legal framework for handling non-performing loans (NPLs) in Bangladesh has become dysfunctional, allowing wilful defaulters to exploit loopholes and delay repayment, according to a report by the task force on economic reforms...
Beximco incurs losses amid banking crisis, factory halt
The Bangladesh Export Import Company Limited incurred a loss of Tk 243 crore in the second quarter (October-December) of the financial year 2024-25, losing Tk 2.58 per share....
COLLEGE AFFILIATION CRISIS: Identity, bureaucracy and broken promises
IF THERE were ever a time to pitch a Netflix drama based on the chaos of Bangladesh鈥檚 education system, the current saga of the University of Dhaka and its seven affiliated colleges would be it. We can call it campus wars or the bureaucratic labyrinth. The tale has everything: students in revolt, high-stakes drama, a pro-vice chancellor with a penchant...
Dollar holdings by banks hit 5-yr low
The dollar amounts held by Bangladesh鈥檚 commercial banks dropped to a five-year and six-month low in December 2024, reflecting the severe impact of Bangladesh Bank鈥檚 mismanagement amid a prolonged dollar crisis...
BNP says it鈥檚 worst victim of Jan 11
Bangladesh Nationalist Party standing committee member Mirza Abbas on Friday said that the BNP was the worst victim of the January 11, 2007 events, rejecting claims that the party was attempting to provoke a repeat of the 1/11 political crisis.
1m people fled Sudan war to S Sudan: UN
Over one million people have now fled the Sudanese war into neighbouring South Sudan, according to the United Nations, which said the figures illustrated the scale of the unfolding humanitarian crisis...
KSA-bound passengers stage demo over vaccine crisis
The Kingdom of Saudi Arabia-bound migrants and those intending to perform Umrah staged demonstration in Dhaka on Tuesday after failing to receive mandatory meningitis vaccination to travel the Middle East country...
19.5m Yemenis in need of aid as crisis worsens: UN
More than 19.5 million people in Yemen will need assistance in 2025, a senior UN official said Wednesday, expressing concern over a worsening humanitarian crisis and for children suffering from malnutrition...
Tackling fertiliser and energy bill crisis
BANGLADESH is grappling with overdue fertiliser and energy bills, driven by $800 million in unpaid dues to international suppliers and compounded by limited foreign reserves and inflation. These challenges, worsened by poor decisions of the previous government, such as costly, poorly planned projects like the Adani Power deal and the...
BPGMEA places 5 proposals
The Bangladesh Plastic Goods Manufacturers and Exporters Association has placed five proposals to address the energy crisis...
Over 50pc loans of 21 NBFIs now defaulted
Fifty per cent of the loans issued by 21 non-bank financial institutions (NBFIs) turned non-performing as of September, revealing a dire financial crisis in the sector...
When healing is crime
THE ongoing genocide in Gaza is not simply a human crisis. It is a tale of paradoxes 鈥� of black and white, of truth and falsehood, of good and evil. In Gaza, there is unspeakable cruelty facing incredible courage, ugly betrayals in the midst of relentless sacrifice, constant lies opposed by glaring truths, and the worst forms of oppression against limitless resilience...