President flees Sri Lanka amid crisis as ire turns toward PM

Sri Lanka’s president fled the country early Wednesday, slipping away only hours before he promised to resign under pressure from protesters angry over a devastating economic crisis. But crowds quickly trained their ire on the prime minster, storming his office and demanding he also go. President Gotabaya Rajapaksa and his wife

State of emergency declared in Sri Lanka

Sri Lanka's Prime Minister Ranil Wickremesinghe declared a state of emergency in the South Asian country, the Prime Minister's Office said on Wednesday. The police have imposed a curfew in the Western Province, including the capital Colombo, the Office said after President Gotabaya Rajapaksa has left the South Asian country amid

BRAC Bank raises Astha fund transfer limits

BRAC Bank has enhanced the fund transfer limits on its Astha mobile app and Astha web interface to provide customers with a better digital banking experience, a press release said Wednesday. Account to account transfer limits in Astha has been increased to 10 lakh taka daily. These new limits apply

Banglalink signs deal with Labaid Hospital

Banglalink has signed an agreement with Labaid Specialized Hospital and Labaid Cancer Hospital and Super Specialty Center to provide its Orange Club members with exclusive discounts on different medical services, a press release said Wednesday. Monzula Morshed, Chief Human Resources & Administration Officer, Banglalink, and Amitavo Bhattacharyya, Head of Business

BHBFC classified loans down to 4.72 in FY22

Bangladesh House Building Finance Corporation (BHBFC) reduced its classified loans to 4.72 percent in fiscal 2021-22, which is the lowest among state-owned banks and financial institutions, a press release said Wednesday. BHBFC Managing Director (MD) Md. Afzal Karim said it has become possible for effective monitoring and supervision at all levels. BHBFC

DIU Stands next to flood victims

The students of Daffodil International University and its 33 clubs distributed food, saline, medicines and essential items to more than a thousand families in different areas of Sunamganj, a press release said Wednesday. The special team distributed relief in Bichna, Kalipur, Mirzapur, Chanbari, Moulinagar, Jallabaj, Kamlabaj, Hasnabaj, Kutubpur, Bhimkhali Bazar and

EBL wins Visa Excellence Award in four categories

Eastern Bank Ltd (EBL) has clinched Visa Excellence Award in four different categories at the Visa Leadership Conclave-Digital Payments for Smart Bangladesh 2022 held at the Sheraton Hotel in the city recently, a press release said Wednesday. The categories in which EBL excelled are: Excellence in Cross-Border Issuing Business, Excellence