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21 Global Banks Join Forces on Dollar Stablecoin

21 Global Banks Join Forces on Dollar Stablecoin

Twenty-one major financial institutions from across the world are joining forces to develop a stable digital currency pegged to the US dollar, marking a significant move by traditional banks into the rapidly developing digital assets sector. The proposed dollar-backed stablecoin is targeted for launch in the first half of 2027. Before that, the participating institutions […]
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Bangladesh Bank Unveils BDT 20 Lakh Financing Scheme for Rural Youth Bangladesh Bank Unveils BDT 20 Lakh Financing Scheme for Rural Youth

Bangladesh Bank Unveils BDT 20 Lakh Financing Scheme for Rural Youth

Central bank launches new initiative offering grants and collateral-free loans to nurture young entrepreneurs across all sub-districts. In a bid to foster self-reliance and spur grass-roots economic growth, Bangladesh Bank is set to implement a nationwide scheme titled “Uddyog: Upazila-Based Young Entrepreneur Search, Identification, and Financing Programme”. The initiative targets promising young men and women […]
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Defaulting Debts Surge Past Bangladeshs Historic Six Trillion Taka Threshold Defaulting Debts Surge Past Bangladesh’s Historic Six Trillion Taka Threshold

Defaulting Debts Surge Past Bangladesh’s Historic Six Trillion Taka Threshold

Bangladesh Bank’s lenient rescheduling facilities fail to stem systemic distress as non-performing loans soar to 32.78 per cent. Non-performing loans (NPLs) in Bangladesh’s banking sector have breached the staggering six trillion taka mark, underscoring systemic fragility despite repeated policy concessions by the central bank. Official figures reveal a sharp deterioration over a single quarter, with […]
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Three Youths Jailed for Maternal Assault and Drug Abuse Three Youths Jailed for Maternal Assault and Drug Abuse

Three Youths Jailed for Maternal Assault and Drug Abuse

A mobile court in Mirzapur, Tangail, sentenced three young men to terms of imprisonment on Thursday afternoon following separate offences involving maternal abuse and illegal drug consumption. The summary judicial proceedings were conducted by the Mirzapur Upazila Nirbahi Officer and executive magistrate, Johirul Alam, on the sub-district administration premises. Among the convicted individuals is Sagar […]
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Outpatient Services Suspended at Bogura Hospital Amid Doctors Strike Outpatient Services Suspended at Bogura Hospital Amid Doctors' Strike

Outpatient Services Suspended at Bogura Hospital Amid Doctors’ Strike

Outpatient services at Shaheed Ziaur Rahman Medical College Hospital (SZMCH) in Bogura came to a complete standstill on Thursday morning as intern doctors escalated their ongoing strike. Demonstrating doctors forcibly shut down the ticket counters at approximately 9:45 am, leaving hundreds of patients and their relatives stranded in queues. The sudden cessation of medical care […]
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