Firefighters brought a blaze at Manzur Khan Plaza in Bangladesh’s Old Dhaka under control at 5:20 a.m. Tuesday after more than 12 hours, the Fire Service said. Crews were still extinguishing remaining flames inside the Chawkbazar building. Four firefighters became ill from smoke inhalation and were under observation at the National Institute of Burn and […]
The International Monetary Fund (IMF) has cut Bangladesh’s economic growth forecast for fiscal 2026-27 to 3.2% and raised its average inflation projection to 10.9%, The Business Standard reported Tuesday. The projections in its October World Economic Outlook compare with April estimates of 4.3% growth and 6% inflation. The IMF had lowered its growth forecast to […]
More than 100 people have died in train-related accidents along Bangladesh’s Chattogram-Cox’s Bazar railway since commercial services began in December 2023, The Business Standard reported Tuesday. Bangladesh Railway data show that 56 of 99 authorized level crossings on the route lack both barriers and gatekeepers. Another 77 unauthorized crossing points expose pedestrians and vehicles to […]
Flight restrictions at Saudi Arabian airports have disrupted 51 direct and transit services involving Bangladesh and affected 5,418 passengers, the Civil Aviation Authority of Bangladesh (CAAB) said Monday. Twelve direct flights were disrupted, including four operated by Biman Bangladesh Airlines, two by US-Bangla Airlines, three by Saudia Airlines, and three by Riyadh Airways. Another 39 […]
Bangladesh’s offshore oil and gas bidding round has drawn formal bid-document purchases from China’s Sinopec, China National Offshore Oil Corporation International (CNOOC International), and Turkish Petroleum Overseas Company (TPAO), according to Petrobangla records. Bangladesh offered 26 Bay of Bengal hydrocarbon blocks on May 24, including 11 in shallow water and 15 in deep water. Bids […]
Scheduled banks across Bangladesh will close Oct. 20-24 for Durga Puja and weekly holidays, Bangladesh Bank said in a circular issued Monday. The holiday period includes Tuesday through Thursday, Oct. 20-22, for Durga Puja, followed by Friday and Saturday weekly closures. Banks will open Saturday, Oct. 17, under their regular schedules, The Business Standard reported. […]
Bangladesh moved toward victory over Afghanistan in their one-off Test after Litton Das scored 102 and helped set a target of 479 in Abu Dhabi on Monday, Dawn reported. Bangladesh declared its second innings at 372-7 on day four at Sheikh Zayed Cricket Stadium after securing a 106-run first-innings lead. Afghanistan ended the day at […]
Bangladesh has asked India to remove restrictions on exports through land ports, withdraw anti-dumping duties on jute products, and preserve tariff preferences after its graduation from least developed country status. A 10-member delegation led by commerce ministry additional secretary Ayesha Akhter raised the requests at bilateral trade talks that began Oct. 8 in New Delhi, […]
Students at Chittagong University of Engineering and Technology (CUET) in Bangladesh locked newly appointed vice-chancellor Sheikh Shariful Alam inside its administrative building Monday, demanding his resignation, The Daily Star reported. Protesters also cut the building’s power and water supplies as a campus shutdown entered its 21st day. They want former vice-chancellor Abu Sadat Muhammad Sayem […]
Seventy-nine percent of Bangladesh’s poorest rural families spend more than 40% of their income repaying loans, up from 49% in 2010, according to a study presented Monday. The Bangladesh Institute of Development Studies (BIDS) found that the share of all borrowers exceeding that repayment threshold rose from 22% to 41%. Research director Kazi Iqbal presented […]
