Years of plunder pushed banks, capital market to brink: Finance Minister

Bangladesh’s banking and capital market sectors have been pushed to the brink of crisis by years of plunder, poor economic management, weak financial discipline, and the failure of regulatory institutions, Finance and Planning Minister Amir Khosru Mahmud Chowdhury said on Wednesday.“Many successful companies and several banks are now suffering from serious capital deficits in the private sector. Non-performing loans, capital flight, and embezzlement carried out in collusion between boards and management are behind it,” he said.Speaking as the chief guest at the ‘Financial Accounting and Reporting (FAR) Summit 2026’ held at a hotel in the capital, the minister painted a stark picture of the country's financial sector and called for urgent reform through transparency and accountability.The summit was organised jointly by the Financial Reporting Council (FRC) Bangladesh, the Institute of Chartered Accountants of Bangladesh (ICAB), and the Institute of Cos...

Govt eyes turning jute sector into $7bn industry: Commerce, Textiles and Jute Minister

Textiles and Jute Minister Khandakar Abdul Muktadir on Tuesday said the government aims to transform Bangladesh’s jute sector into a strong $5–7 billion industry from the current export earnings of around $1 billion through proper planning, modern technology, research, improved seed production and expansion of diversified jute products.“Although the country’s total export earnings have risen to around $50–55 billion, the contribution of the jute sector remains limit...

Tourism can be key driver of jobs, growth: State Minister Millat

State Minister for Civil Aviation and Tourism M Rashiduzzaman Millat has said tourism will play a key role in employment generation and strengthening the national economy.The government views the tourism sector not only ...

Truck, Lorry movement suspended on Ctg highways from may 25–31 to ensure smooth Eid travel: CMP

To ensure safe and hassle-free travel for homebound passengers during the upcoming Eid-ul-Azha 2026, the Chattogram Metropolitan Police (CMP) has decided to suspend the movement of trucks, covered vans, and lorries on highways in the Chattogram region from May 25 to May 31.The decision was made at a special road safety meeting held on Monday at the CMP headquarters conference room in Dampara. The meeting was chaired by CMP Commissioner Hasan Mohammad Shawkat Ali.According to officials, the initiative has been taken to reduce traffic congestion on highways, prevent road accidents, and ensure comfortable travel for passengers during the Eid rush. However, vehicles carrying sacrificial animals, essential commodities, medicines, port cargo, and garments products will remain exempt from the res...

Protests continue at DUET over VC appointment

Bangladesh crush Pakistan in 2nd test to sweep series

Left-arm spinner Taijul Islam claimed a match-winning six-wicket haul as Bangladesh thrashed Pakistan by 78 runs in the second Test, completing a dominant 2-0 series sweep at Sylhet International Cricket Stadium today.The victory followed Bangladesh's 104-run triumph in the opening Test and marked their second successive Test series whitewash over Pakistan after also securing a 2-0 sweep in 2024, that too on Pakistan's soil.Having done so, they won a Test series against a top-flight nation in both home and away for the first time, other than Zimbabwe.Pakistan resumed Day 5 at 316-7, still needing 121 runs with three wickets in pursuit of a daunting 437-run target, a summit that no team has ever succeeded in Test cricket's 149-year history.Pakistan were eventually bowled out for 358, just less than 30 minutes before the lunch session on the final day, after losing the remaining three wickets in 12 balls for no runs.But the visitors threatened to do the unthinkable with their vice-captain Mohammad Rizwan showing staunch determination.He continued to frustrate Bangladesh with a determined counterattack.Rizwan struck fast bowler Nahid Rana, who claimed 2-58, for consecutive boundaries in the third over of the day to give Pakistan a psychological edge.Rizwan struck fast bowler Nahid Rana, who claimed 2-58, for consecutive boundaries in the third over of the day to give Pakistan a psychological frame.His overnight partner Sajid Khan also scored freely, threatening to pull off an extraordinary chase.The pair added 54 runs for the eighth wicket to put Bangladesh under p...

Take effective measures to stop deadly gas explosions

The tragic death of Sayma Akter at the National Institute of Burn and Plastic Surgery has completed one of the most heartbreaking family tragedies in recent memory. With her passing, all five members ...

Ensure safe road, smooth Eid journey

Every Year government takes additional steps to facilitate Eid travel and the measures announced demonstrate the government’s intention to improve travel conditions. but past experiences show that such plans fail to deliver the expected results...

KFC's 'Eidi for Angels' Spreads Eid Joy to Underprivileged Kids

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