• Bangladesh to Self-Fund Matarbari Coal Power Expansion

    Bangladesh to Self-Fund Matarbari Coal Power Expansion

    Bangladesh plans to build the second phase of the Matarbari coal-fired power project with domestic funding after Japan declined to finance the expansion, citing concerns over carbon emissions, officials said. The state-owned Coal Power Generation Company Bangladesh Ltd (CPGCBL) has proposed a Tk198.39 billion project to construct two 600MW ultra-supercritical coal-fired units at the Matarbari energy hub in Maheshkhali, Cox’s Bazar. The move marks a major shift in financing for one of the country’s largest power-generation projects. While the first phase was built with support from the Japan International Cooperation Agency (JICA), the government will now bear the full cost…

  • AI-Generated Image Circulated in Media Claiming to Show Toufiq Killed in Labour Protest

    AI-Generated Image Circulated in Media Claiming to Show Toufiq Killed in Labour Protest

    Over the past few days, garment workers have staged protests in several industrial areas, including Mirpur in the capital, Savar-Ashulia and Gazipur, demanding a minimum monthly wage of Tk 30,000. Amid the demonstrations, Toufiq Hossain, a garment worker injured in Gazipur, died while undergoing treatment on November 3. Following his death, several local media outlets published reports on the incident. However, multiple media outlets used an image claiming to show…

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  • Masrur Arefin did not say that Jamaat-Shibir destroyed Islami Bank.

    Masrur Arefin did not say that Jamaat-Shibir destroyed Islami Bank.

    A claim has been circulated on the internet alleging that Masrur Arefin, Managing Director (MD) of The City Bank and Chairman of the Association of Bankers, Bangladesh, said: “The Jamaat-Shibir group alone has destroyed Islami Bank.” Fact Check According to an investigation by the Rumor Scanner team, Masrur Arefin did not make the statement, “The Jamaat-Shibir group alone has destroyed Islami Bank.” In fact, the claim has been circulated in his name without any supporting evidence. Had Masrur Arefin publicly made such a remark, it would likely have been reported by the media. However, searches using relevant keywords found no…


  • Under Tarique Rahman’s Leadership, a New Bangladesh Will Rise to New Heights on the Global Stage

    Under Tarique Rahman’s Leadership, a New Bangladesh Will Rise to New Heights on the Global Stage

    Bangladesh Prime Minister Tarique Rahman is currently in New York to attend the 81st session of the United Nations General Assembly. His scheduled address to the General Debate on September 24 is drawing considerable attention, particularly because he is expected to deliver the speech in Bangla.For the Bangladeshi diaspora in the United States, the visit…

  • Courtesy visit to Abdul Awal Mintoo

    Courtesy visit to Abdul Awal Mintoo

    Managing Director K. M. Awlad Hossain paid a courtesy visit to the residence of Abdul Awal Mintoo, in a meeting marked by a warm and cordial atmosphere.The visit provided an opportunity for the two to exchange views and spend time together. The accompanying official described the occasion as a memorable experience and expressed appreciation for…

  • New State-Run Bank to Be Named ‘United Islamic Bank’

    New State-Run Bank to Be Named ‘United Islamic Bank’

    Bangladesh Bank is moving ahead with plans to merge five crisis-hit Shariah-based banks into a new state-run entity, with the name United Islamic Bank emerging as the frontrunner. Bangladesh Bank Governor Dr. Ahsan H. Mansur has already prepared a draft letter seeking the Finance Ministry’s approval to kick off the merger process. Officials say the…


  • Exclusive Interview: BNP’s Mintoo on Banking, Markets & Economic Roadmap
    Former FBCCI President outlines party’s plans for financial sector stability, investment climate, and tackling economic crisis if elected.
    Key Discussion Points:
    Banking & Stock Market Direction: Policies for interest rates, NPL management, market stability, and FDI under potential BNP governance.
    “Dervish Culture” Concerns: Assessing legitimacy of fears about economic stagnation returning.
    Anti-Corruption Strategy: Blueprint to combat graft, extortion (“chandabaji”), and economic mismanagement.


  • Corporate Governance and Ethics Issue

    Corporate Governance and Ethics Issue

    M N AminIn financial sector, corporate governance is a critical and crucial issue so farbusiness is concerned. The system used to direct and control a corporation is referredto as corporate governance defining the rights and responsibilities of major corporateparticipants–the shareholders, directors and members of the board, officers, managers,employees, and other stakeholders. A few years back,…



  • Nasir Uddin Shah appointed IOY ambassador

    Nasir Uddin Shah, chief reporter of The Asian Age, has been selected as an official ambassador of the International Organization of Youth (IOY) for the 2026–2027 term. Through this appointment, he has gained the opportunity to represent Bangladesh internationally as part of a global network of ambassadors from 135 countries. Nasir Uddin Shah recently announced…


Quotes

  • ​”The key to maintaining transparency in the financial sector is the right combination of strict ethics and technology. If the internal governance of banks does not align with regulations, it will be difficult to restore the confidence of general customers.”- Md Mostaqur Rahman