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Tags : EC


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Banks incur Tk 1.37 lakh crore losses in 2025

Bangladesh’s banking sector suffered net loss of Tk 1.37 lakh crore in 2025 for the first time as a surge in defaulted loans, massive provisioning requirements and prolonged economic stress wiped out earnings and exposed weaknesses that had accumulated over the years...

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S Korea keen to invest in electronics sectors

Appreciating Bangladesh’s rapid economic growth and investment-friendly environment, South Korean Ambassador Kim Ji-joon on Wednesday expressed his country’s interest in investing in Bangladesh’s electronics manufacturing and technology sectors...

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Faruk becomes DMD of MTB

Mohammad Mamun Faruk has been promoted to deputy managing director of Mutual Trust Bank Limited, said a press release...

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US military footprint growing in Australia

US Marine Corps plans for a crisis-ready stockpile in Australia are part of a ‘growing US footprint’ in the country and important for national security, defence minister Richard Marles said Wednesday...

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Saving haor rice before next flood

EVERY year, as the Boro harvest nears, anxiety returns to the haor basin. The fields turn golden, the crop is almost ready and national food security quietly depends on a narrow window of time. Then comes the familiar threat: heavy rainfall, upstream water flow, rising rivers, embankment failure, and the possibility that months of labour may be lost in a matter of hours...

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BB plans tougher steps as bad loan recovery elusive

The Bangladesh Bank has intensified efforts to contain the country’s mounting default loan crisis through a series of regulatory, legal and policy measures, but economic weakness, lengthy legal processes and poor recovery rates continue to pose major obstacles to meaningful improvement...

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BGB foils two more push-in bids

The Border Guard Bangladesh foiled two more push-in attempts by the Indian Border Security Force along Chapainawabganj and Jalampur on Monday night.

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Fitch flags execution risk in FY27 revenue targets

Bangladesh’s revenue mobilisation targets for the upcoming financial year of 2026-27 might be difficult to achieve, given the country’s weak record on tax collection and reform implementation, said the Fitch Ratings...

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ECNEC okays Chinese EPZ

The government on Tuesday approved a project to establish a Chinese Export Processing Zone at Anwara in Chattorgram with the mandatory integration of renewable energy and waste management into the zone.

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Cyber range platform built with own resources

In today’s hyperconnected world, cybersecurity has evolved from a technical concern into a core element of national security and strategic capability. Nations are no longer judged solely by economic or military strength, but also by their ability to defend digital infrastructure, protect sensitive data and respond effectively to cyber threats. As governments, financial...

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Local polls in Sep or Oct if budget available: minister

Local government, rural development and cooperatives minister Mirza Fakhrul Islam Alamgir on Tuesday said that local government elections across Bangladesh could begin in September or October this year, subject to the availability of budgetary allocations.

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Pvt sector credit growth nears 5pc

Private sector credit growth in Bangladesh edged up to 4.98 per cent in May from 4.72 per cent in March, but remained near a record low, reflecting continued weakness in business investment and bank lending...

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BSF explodes crude bombs after push-in bids foiled 

The Indian Border Security Force reportedly exploded two crude bombs after members of the Border Guard Bangladesh and local people foiled its push-in bids at Azizpur border point under Patgram upazila in Lalmonirhat district on Sunday night.

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Process begins to bring back Benazir

The Anti-Corruption Commission on Monday said that a process had been initiated to bring back former Inspector General of Police Benazir Ahmed to the country.

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Quality education, not just access, is what matters

THE Education Sector Analysis 2026, presented by UNICEF, lays bare a learning crisis that threatens to undermine the country’s development ambitions. The findings are particularly alarming because they reveal that increased access to education has not translated into meaningful learning outcomes. Only half of children aged 7–14 possess foundational reading...

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University of Dhaka and collective failures

THIS happened a decade ago. The chair of the department where I studied at the University of Dhaka in the early 1990s invited me, along with others, to an exchange of views on the Higher Education Quality Enhancement Project, officially HEQEP but jokingly ‘hiccup’ even to many university teachers. The University Grants Commission project, which the World Bank funded, was meant to upgrade university teaching, research and institutional facilities...

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Kamal elected AmCham EC president

The American Chamber of Commerce in Bangladesh on Sunday celebrated installation of its newly elected Executive Committee for the 2026-2028 term at Sheraton Dhaka, Banani, said a press release...

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DSEX passes 5,600 points after 9 months

The benchmark index of the Dhaka Stock Exchange on Sunday crossed the 5,600-point mark for the first time in nearly nine and a half months, buoyed by investor optimism over favourable budgetary measures aimed at stimulating private-sector growth and strengthening the capital market...

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Indonesia struggles to win back investors

Indonesia’s economy faces a perfect storm wrought by high energy prices, and while the currency has rebounded slightly, critics warn government policies are unnerving investors at a critical moment...

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Scam-hit banks major fiscal risk in FY27

The financial sector, with the scams-hit banking sector at its core, has been identified as one of the major fiscal risks in the forthcoming 2006-27 financial year beginning July 1.

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Selection gamble pays off for Socceroos

Australia scored a stunning 2-0 upset over Turkey in their World Cup Group D opener on Saturday as coach Tony Popovic’s bold selection gamble paid off...