A Dhaka court on Thursday ordered the attachment of 518 houses, flats and apartments in the United Kingdom owned by former land minister Saifuzzaman Chowdhury in connection with a money laundering case.
The properties are valued at approximately £271.85 million, according to case documents.
Finance and Planning Minister Amir Khosru Mahmud Chowdhury on Thursday repeatedly declined to comment on the abrupt change in leadership at the central bank.
"No comment," he said repeatedly when asked by reporters about the appointment of the new governor at the central bank.
The new governor, M
Bangladesh's economy is expected to grow by 4.5 per cent this fiscal year, a little below earlier projections by Oxford Economics, as it believes the second-quarter growth ending December slowed alongside poor export growth in key markets.
However, the growth in fiscal year 2025-26 picks up above
Resetting higher interest rates and helping in reopening closed factories through default loan rescheduling and fresh working-capital lending are among first priorities set by the newly appointed Bangladesh Bank governor.
Explaining Governor Mostaqur Rahman's directions to the central bank's
Bangladesh’s foreign debt servicing has outpaced the inflow of overseas aid in the first seven months of the current fiscal year, reflecting a growing strain on the country's economy.
According to the latest data released by the Economic Relations Division (ERD) on Thursday, development part
The country's health sector has long been languishing due to chronic under-funding, weak governance and systemic inefficiencies, posing a formidable challenge to the new government as it seeks to honour its electoral commitments. Beyond fulfilling ambitious campaign pledges, the administration's fo
In his State of the Union address, President Donald Trump of America presented an update of the United States, highlighting his successes in the first year of his second term. But amid the rising tension over the conflict between the USA and Iran, he stopped short of mentioning the exact time for a
Thousands of lives are lost prematurely on the roads in Bangladesh every year. Some die when the crashes take place but many others in the critical hours when they are rushed to Dhaka, hoping to get specialised emergency care in time. Sadly, they often fail to make it before the tragedy strikes.
T
Munira Rahman Helen was the first table tennis queenof Bangladesh. She first won the women’s singles crownat the Second Bangladesh Open Table Tennis Tournament organised by BUET in 1973 while still a student of class ten; and then she won the women’s singles title in the First National
Public trust in Bangladesh's banking system has been gradually weakening. Not through sudden panic, but through steady hesitation. Over the past decade, structural weaknesses within the sector have eroded the fundamental promise of safety that depositors rely upon. Rising non-performing loans, gove
The government has announced plans to deploy local administration teams to monitor retail markets following widespread reports that 12kg liquefied petroleum gas (LPG) cylinders are being sold at rates significantly higher than the state-fixed price.
Commerce Minister Khandaker Abdul Muktadir issue
International Crimes Tribunal (ICT) Chief Prosecutor Mohammad Aminul Islam has clarified the identities of two war crimes convicts named Akram to resolve confusion following a Supreme Court acquittal.
The clarification came on Thursday after the Appellate Division overturned the 2014 ICT judgement