Author: Sakib

Shimanto Bank Enters Central Bank CMSME Refinancing Schemes

Shimanto Bank Enters Central Bank CMSME Refinancing Schemes

Shimanto Bank PLC has formalized its inclusion in two national refinancing frameworks managed by the central bank of Bangladesh to boost credit delivery to Cottage, Micro, Small, and Medium Enterprises (CMSMEs). The private commercial lender executed two separate participation agreements with Bangladesh Bank under the Cluster Financing Scheme and the FSFDMSME Refinancing Scheme. Administered via […]
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Cashless Cattle Purchases Introduced Via Prime Bank QR

Cashless Cattle Purchases Introduced Via Prime Bank QR

Prime Bank PLC has initiated a novel digital financial service by introducing a Bangla QR-based transaction system specifically designed for the procurement of sacrificial livestock ahead of the Eid-ul-Adha festive period. This deployment marks the first time a commercial banking institution has integrated an interoperable QR code payment protocol within the traditional livestock commerce sector […]
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Security Tightened at Eid Cattle Markets Security Tightened at Eid Cattle Markets

Security Tightened at Eid Cattle Markets

Security measures have been significantly intensified across livestock markets in Dhaka and other parts of Bangladesh ahead of Eid-ul-Azha, with authorities warning against forced diversion of cattle-laden vehicles to specific markets. The Director General of the Rapid Action Battalion, Ahsan Habib Palash, stated that close surveillance is being maintained to ensure that transport carrying sacrificial […]
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Coxs Bazar Court Shooting Incident Cox’s Bazar Court Shooting Incident

Cox’s Bazar Court Shooting Incident

An armed attack targeting a political figure outside a court premises in south-eastern Bangladesh has left one person injured and triggered widespread panic among lawyers, litigants and visitors. The incident occurred on Sunday at approximately 11:00am within the premises of the Cox’s Bazar District and Sessions Judge Court. The target of the attack was local […]
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Reserves Rise Ahead of Eid Reserves Rise Ahead of Eid

Reserves Rise Ahead of Eid

Bangladesh’s foreign exchange reserves have recorded a modest but encouraging increase in the run-up to the upcoming Eid-ul-Adha, offering a positive signal for macroeconomic stability and external sector resilience. According to the latest data released by the central bank, the country’s gross foreign exchange reserves stood at approximately USD 34.56 billion as of 23 May. […]
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Foreign Exchange Rates Firm on 24 May Foreign Exchange Rates Firm on 24 May

Foreign Exchange Rates Firm on 24 May

The steady flow of remittances from more than ten million Bangladeshi expatriates, coupled with the continued expansion of international trade, has made daily monitoring of foreign exchange rates increasingly important for individuals, businesses, and financial institutions alike. As global economic conditions fluctuate, exchange rates against the Bangladeshi Taka remain subject to frequent adjustments based on […]
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ICC Explores Dual Ball Test Innovation ICC Explores Dual-Ball Test Innovation

ICC Explores Dual-Ball Test Innovation

The International Cricket Council (ICC) is reportedly considering a series of significant innovations aimed at modernising Test cricket and improving its adaptability to varying playing conditions. Among the most notable proposals is the experimental use of both red and pink balls within the same Test match, alongside several other regulatory adjustments across formats. Traditionally, Test […]
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Fake Officer Arrested in Extortion Racket Fake Officer Arrested in Extortion Racket

Fake Officer Arrested in Extortion Racket

A man impersonating a police officer has been arrested in a dramatic late-night operation in Cox’s Bazar after he was allegedly found extorting money from vehicle drivers while dressed in a full police uniform and carrying handcuffs. According to police, the suspect, identified as 40-year-old Md. Atiq Ullah Al Mamun, was detained around midnight on […]
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Charge Sheet Filed in Ramisa Case Charge Sheet Filed in Ramisa Case

Charge Sheet Filed in Ramisa Case

Police have formally submitted a charge sheet to the court in connection with the brutal killing of eight-year-old schoolgirl Ramisa Akhtar in Pallabi, Dhaka, accusing two individuals of rape and murder. The accused have been identified as Sohel Rana and his wife Swapna Akhtar. The charge sheet was submitted on Sunday afternoon (24 May) to […]
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