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The decline of Islami Bank Bangladesh

After major shakeup in ownership and management early this year, Islami Bank Bangladesh Limited (IBBL) has shown in recent times signs of decline. Both its deposits and income have fallen, but loan disbursement has increased — a situation that has created cash crunch for the country’s largest private commercial bank. This financial status has been […]

Venturing outdoors may become deadly across wide swaths of Bangladesh, India and Pakistan by the end of the century as climate change drives heat and humidity to new extremes, according to a new study. These conditions could affect up to a third of the people living throughout the Indo-Gangetic Plain unless the global community ramps up […]

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Cricket Australia (CA) and the Australian Cricketers’ Association have signed an in-principle agreement after final round of face-to-face negotiations in Melbourne on Thursday morning.  The deal paves the way for the Bangladesh series to go through as planned, Cricket Australia site reports. A long impasse between the CA and the ACA finally comes to an […]

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The Supreme Court Appellate Division on Thursday stayed the activities of the recently announced three-member Vice Chancellor panel of Dhaka University for appointing a new VC. An SC bench headed by Chief Justice SK Sinha passed the order regarding the DU also asked the High court to dispose of the rule which was issued seeking […]

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Hefazat now plans to field candidates in over 50 constituencies, although some of the names under consideration by the group are accused of crimes and are facing several cases Over 50 central leaders of Hefazat-e-Islam Bangladesh are planning to take part in the next national election under the banner of various registered Islamist political parties. […]

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  Bogra’s mayor AKM Mahbubur Rahman was not in his Jail Road municipal office. He was busy with clients in the Gahar Ali building of the bar council. How does the mayor of a busy town like Bogra get time to run his own practice? He laughed at the question, saying the people of the […]

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Bangladesh Police has ordered all law enforcers to consult with the Police Headquarter Law Division before filing any case with the ICT Act. A meeting of police high officials, chaired by IGP Shahidul Hoque, took the decision regarding the matter on Wednesday. The high officials talked elaborately about the law in the meeting, following which […]

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With the Chittagong port grappling with huge vessel congestion, the country’s second sea port in Mongla remains underutilised mainly because of inadequate facilities and low draft, said stakeholders. The port at the southwest coastal belt has the capacity to handle 70,000 TEUs (twenty foot equivalent units) of containers a year. It handled 26,952 TEUs containers […]

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Given the fact that the current government has been able to effectively shut down all critical voices and sufficiently silence the media with highly repressive laws—namely the ICT Act—the full verdict of the Supreme Court (SC) judgement on the defunct 16th Amendment to the Constitution may come to the present rulers as somewhat of a […]

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