Category: The Economy

If the bank closes depositors will get a maximum 2 lakh taka

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Deposit Insurance Cap Doubled: Bangladesh Bank Proposes Two Lakh Taka Refund in New Ordinance Dhaka, March 23, 2025 – In a significant move aimed at bolstering depositor confidence, Bangladesh Bank has unveiled the draft of the ‘Deposit Protection Ordinance, 2025’, proposing to double the maximum refund amount to two lakh taka in the event of a bank or financial institution closure. The draft ordinance, now published on the website of the Financial Institutions Division of the Ministry of Finance, marks a substantial increase from the current limit of one lakh…

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29,000 tons of rice arrived from Vietnam

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29000 tons of rice arrived from A ship carrying 29,000 tonnes of rice from Vietnam arrived at the Chittagong port on Saturday. The ship, MV OBE Dinares, anchored at the Chittagong port with rice under the Government-to-Government (G2G) agreement signed on February 3, the food ministry said in a press release. The statement also said that the sample testing of the rice on board the ship has already been completed and the work of unloading the rice will begin soon. It is worth noting that an agreement was signed to…

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Trump to start crab business, DNCC grants license

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Trump to start crab business Donald Trump has obtained an e-trade license from Dhaka North City Corporation (DNCC) to do crab business. The license was issued on the afternoon of March 11. According to the license, the name of the business is ‘Trump Association’. The name of the owner of the business is Donald Trump. His father’s name is Fred Trump. His mother’s name is Mary Ann McLeod Trump. The names of the parents of the current US President Donald Trump are also the same. What is even more surprising…

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Trump-Putin phone call seen as victory in Russia

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Trump-Putin phone Judging by the headlines in some Russian media outlets on Wednesday, Moscow may be assuming that the latest telephone conversation between Russian President Putin and US President Trump is going well. Of course, it has gone well for the Kremlin. Putin and Trump have agreed to work together to resolve the Ukraine crisis, Izvestia reported. Komsomolskaya Pravda wrote that the Putin-Trump phone call is a record. The newspaper’s website added that, given the current state of affairs, Russia has achieved a diplomatic victory here. Why are some in…

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Fishing banned in Bay of Bengal from April 15

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The government has announced Fishing banned in Bay . a 58-day fishing ban in the Bay of Bengal from April 15 to ensure the proper reproduction, production, conservation and sustainable fishing of marine fish resources. This information was given in a gazette notification of the Ministry of Fisheries and Livestock today. The notification said, “According to the Marine Fisheries Act 2023, a ban on all types of fishing has been imposed for 58 days from April 15 to June 11, like every year, to ensure the proper reproduction, production, conservation…

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Inauguration of Jamuna Rail Bridge: New chapter in Dhaka-Uttaranchal rail connectivity

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Inauguration of Jamuna Rail Bridge The much-awaited 4.8-km-long Jamuna Railway Bridge with dual gauge double lines built over the Jamuna River has been officially inaugurated. The bridge is expected to usher in a new era in rail connectivity between Dhaka and the northern region. The bridge was inaugurated by Railways Ministry Secretary Md. Fahimul Islam in a grand ceremony at Ibrahimabad Railway Station in Tangail on Tuesday. Japanese Ambassador to Dhaka Mr. Saida Shinichi and JICA’s South Asia Regional Director General Mr. Ito Teruyaki were present as special guests at…

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The Trump administration is preparing to impose a travel ban on citizens of 43 countries!

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The administration of US President Donald Trump is planning to impose new travel restrictions on citizens of 43 countries around the world. This information has been given in a report by the New York Times. According to the report, US diplomatic and security officials have prepared a draft list in this regard. However, some changes may occur before reaching a final decision. The draft list has been divided into three categories: red, orange and yellow. Citizens of 11 countries on the ‘red’ list will be subject to a complete travel…

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Guterres’ Bangladesh visit: Will the world stand by the hungry Rohingya?

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Guterres’ Bangladesh visit: Will UN Secretary-General Antonio Guterres is visiting Bangladesh amid fears that food aid for Rohingya refugees could be cut drastically due to funding shortages. The food crisis could worsen the already inhumane living conditions in the world’s largest refugee camp. Guterres visited the Cox’s Bazar refugee camp on Friday (March 14). This is his second visit to Bangladesh. Guterres’ visit is seen as significant after the World Food Programme (WFP) announced it would reduce food aid after USAID’s operations were halted. The WFP said food aid for…

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Rohingya funding crisis: UN Secretary-General assures, assistance will continue

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Rohingya funding crisis: UN Secretary-General Antonio Guterres has assured that all efforts will be made to ensure the necessary funds for the Rohingya. While visiting the Balukhali Rohingya camp in Ukhiya on Wednesday (March 14), he said, “I promise that we will do everything we can to avoid a funding crisis. I will talk to all countries in the world to help us and ensure adequate funding.” Guterres said he will be vocal so that the international community does not forget the Rohingya. More assistance is urgently needed for the…

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