Two things come easy in Bangladesh -- getting big bank loans and blissfully failing to repay. The money in the vaults seems to be the easiest prey today.
Many private banks and influential individuals are illegally employing armed guards in violation of the firearms law.
Janata was almost a sound bank, the best among its state-owned peers until last year. It saw a dramatic fall in just six months since January this year.
It was the cabinet's oath-taking night after the 2001 parliamentary elections. The phone rang in the newsroom of The Daily Star. On the other end of the phone was the quivering voice of a man who, in his Dhaka University student days, was an infamous “armed cadre” of a political party.
He was hardly known to outsiders until his father, General Ziaur Rahman who became Bangladesh's president in the process of several coups and counter-coups, died in another military putsch in May 1981. Through a Bangladesh Television programme, the countrymen, eventually came to know of Tarique Rahman. And today, he is facing life term as the court verdict goes. From the crux of political power he now lives the life of a fugitive.
It is a piece of paper full of lies and yet it is the legal government document that allows a person to drink alcohol in Bangladesh.
Devoid of the whims, high-handedness and the Cold War propositions of the bilateral and multilateral donors, smaller countries had found a new source of financing in China. Its funds could be easily tapped without being imposed with the harsh conditions like those of the World Bank and the IMF
“Oh my God! Incredulous!” was the expression of a banking expert as he leafed through the Bangladesh Bank probe report. Page after page of it explains in painstaking details how a Bangladeshi business entity allegedly skimmed at least Tk 765 crore in the name of exports from the state-owned Janata Bank and the BB from January 2017 to February this year.
Two years ago, Bangladesh felt a “strengthened bond” with India that “would benefit people of the two countries as well as of the
Although it came quite late in the series of events, the UN Security Council statement Wednesday just reminded the world how terrible
Seldom, if ever, in history has a world hero fallen so fast into disrepute. Never have so many people and organisations representing
I am a 'Janagon'—an 'Amm-public'. If you still don't get it, then let me spell it out for you, because I know you are an 'Amm-public' too—the ever-so-celebrated mango people. I hope you now realise who I am as well as who you are.
Indian Premier Narendra Modi's stance on the Rohingya issue has emerged as another example of how the plights of the ethnic
The Arakan Rohingya Salvation Army or Arsa, an armed group that emerged in Rakhine state in 2013, has no sizable weaponry to sustain the struggle. But that is how things remain in the beginning – small but potent.
The latest wave of Myanmar's killing of Rohingyas and the preceding world reaction to the continued genocide happening in the Southeast Asian country have truly put these hapless people at the risk of complete annihilation.
By all indicators it was deemed to be the best performing bank in Bangladesh, posting a profit of Tk 2,300 crore last year, leaving any
Year after year, the government has been allowing this easy scheme of plundering our banks -- a group of politically well-connected people will stretch their long arms and take loans from state-owned banks with all kinds of shady schemes. Then they will forget to pay back.
Mega dreams require mega shake-ups, sometimes crushing ones, especially if you have little control over costs and transparency. Finance Minister AMA Muhith's proposed budget has come with the same impact -- putting the people through the VAT machine to take out every mint possible to be spent on a budget that is bigger by a quarter than the present one.