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Money embezzlement case: Dhaka court accepts charge sheet against Dr Yunus, 13 others

Dhaka, April 2 -- A Dhaka court on Tuesday took into cognizance the charge sheet filed in a case against Grameen Telecom Chairman and Nobel Laureate Dr Muhammad Yunus and 13 others for allegedly embez... Read More


IPDC signs agreement with BRAC Healthcare

Dhaka, April 2 -- IPDC Finance Limited recently signed an MoU with BRAC Healthcare Limited to officiate a collaboration dedicated to delivering exclusive healthcare benefits to IPDC employees at BRAC ... Read More


OpenAI removes Sam Altman's ownership of its Startup Fund

Dhaka, April 2 -- OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high profile chief executive Sam Altman no longer owns or controls the fund, ac... Read More


Two die as oil tanker overturns, catches fire in Savar

Dhaka, April 2 -- Two people have been killed and several others injured after a tanker carrying oil overturned and caught fire in Savar's Hemayetpur. The fire quickly spread and engulfed two other t... Read More


REIT rules to be revised to facilitate development of satellite cities

Dhaka, April 2 -- The securities regulator considers some amendments to the recently approved REIT rules to pave the way for investments on development projects in "satellite cities". The rules were ... Read More


Economy hard hit by long spell of inflation needs immediate reforms

Dhaka, April 2 -- Former revenue board chairman Muhammad Abdul Mazid has said Bangladesh's economy needs to get rid of prolonged bouts of inflation through reforms and proper financial planning. "Inf... Read More


Indo-BD duties demotivate domestic rice importers

Dhaka, April 2 -- Rice import has become uncertain amid the higher import duties imposed by Bangladesh and India, thereby adding to a record global price, insiders say. The food ministry on March 21 ... Read More


Exports mark modest annualised growth, miss set targets

Dhaka, April 2 -- Merchandise exports fetched Bangladesh US$5.10 billion in March in a 9.88-percent annualised growth but narrowly missed the month's target in sync with past nine-month trend. Overal... Read More


Liquidity hunger heats up money market

Dhaka, April 2 -- Money market gathers heat as the demand for cash in the liquidity-scant banking sector surges ahead of Eid festival, officials and bankers said. To meet the growing demand for credi... Read More


Forced bank mergers sans asset quality analysis may erode investor confidence

Dhaka, April 2 -- Forced mergers of commercial banks in Bangladesh sans thorough asset-quality assessment may be counterproductive and could erode investor confidence in the financial sector, the Worl... Read More