Category: Asia

Death Toll Reaches 54 as Floods Devastate Seven Districts Death Toll Reaches 54 as Floods Devastate Seven Districts

Death Toll Reaches 54 as Floods Devastate Seven Districts

A catastrophic combination of relentless torrential rain, flash floods, and severe landslides has claimed at least 54 lives across Bangladesh. According to the latest situational report released on Monday afternoon by the Ministry of Disaster Management and Relief, more than 150,000 families remain completely stranded in their homes. The climate-induced disaster has severely disrupted livelihoods, […]
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Three Hour Downpour Leaves Comilla City Underwater Three-Hour Downpour Leaves Comilla City Underwater

Three-Hour Downpour Leaves Comilla City Underwater

A torrential spell of rain has submerged large parts of Comilla city, leaving major roads, residential neighbourhoods and public institutions waterlogged and causing severe disruption to daily life. Schools, colleges and places of worship have also been affected as floodwater entered several premises following intense rainfall early on Monday. The heavy rain turned many streets […]
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Taxing Frozen Deposit Interest Raises Fairness Concerns Taxing Frozen Deposit Interest Raises Fairness Concerns

Taxing Frozen Deposit Interest Raises Fairness Concerns

Bangladesh’s banking sector has been facing a prolonged crisis of confidence, with many depositors experiencing delayed withdrawals, restricted access to matured deposits, liquidity shortages, and, in some cases, forced reinvestment of their savings. Amid this difficult environment, a significant question has emerged in tax policy: should a taxpayer be required to pay tax on income […]
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Dollar Strengthens as Bangladesh Updates Exchange Rates Dollar Strengthens as Bangladesh Updates Exchange Rates

Dollar Strengthens as Bangladesh Updates Exchange Rates

The value of the US dollar has edged higher in Bangladesh’s banking market, reflecting the country’s ongoing efforts to align its foreign exchange regime with broader global economic trends. While the supply of foreign currency has remained relatively stable, recent adjustments linked to the implementation of International Monetary Fund (IMF) reform commitments have resulted in […]
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Nawabganj School Sets Record as 52 Out of 53 Win Scholarships Nawabganj School Sets Record as 52 Out of 53 Win Scholarships

Nawabganj School Sets Record as 52 Out of 53 Win Scholarships

Nawabganj Model Government Primary School in Chapainawabganj has sparked nationwide admiration after achieving an enviable milestone in the primary scholarship examinations. Out of fifty-three students who sat the examination from the institution, fifty-two successfully secured scholarships. This near-perfect success rate includes an impressive forty students gaining the prestigious ‘Talentpool’ status, whilst twelve achieved general grade […]
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