Govt seeks IMF support for banking reforms

Bangladesh has requested technical assistance from the International Monetary Fund (IMF) to address key areas of concern, including banking sector reforms, money laundering control, and tax reforms, Finance Adviser Dr. Salehuddin Ahmed said on Tuesday. "We sought technical assistance for banking sector reforms, tackling money laundering, and implementing tax reforms," Dr.

BB won’t print new notes to fix financial crisis: Governor

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur today said the central bank will not print any fresh money to lend to the government for solving financial crisis. “Moreover, we will no longer sell dollars from the country's foreign exchange reserves to address the problems in the financial sector. Inflation will

Shakib fined Tk 50 lakh for share price manipulation

Bangladesh cricketer Shakib Al Hasan has been fined Tk 50 lakh for manipulating share prices, as confirmed by the Bangladesh Securities and Exchange Commission (BSEC). Currently in India representing the Bangladesh national team, Shakib was found guilty of the allegations during a meeting held on Tuesday, presided over by BSEC President

Ex-IGP Mamun placed on 4-day remand

A Dhaka court Tuesday put former IGP Abdullah-Al-Mamun on a four-day remand in a case filed over the killing of Mohammad Ismamul Haque in the city's Chankharpul area on August 5. Metropolitan Magistrate of Dhaka Saifuzzaman passed the order as investigation officer prayed for 10-day remand for proper investigation. Ismamul was killed