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Benazir Ahmed's family bought 4 apartments in Gulshan in a single day | Court orders confiscation of property

Apart from land and flats, the ACC found that Benazir Ahmed's wife and children owned shares in 19 establishments and three BO (beneficial owner account for share market business) accounts and savings certificates worth Tk 3 million. Following the ACC's appeal, Dhaka Senior Special Metropolitan Judge Aish Shams Jaglul Hossain on Sunday ordered the confiscation […]

Fitch downgrades Bangladesh's rating to 'B+', outlook stable amid weakening external buffers

Fitch Ratings downgraded Bangladesh's long-term foreign currency issuer default rating to 'B+' from 'BB-' in a report on Monday. The downgrade to 'B+' reflects the continued weakening of Bangladesh's external buffers, which may prove challenging to substantially reverse despite recent policy reforms, leaving the country more vulnerable to external shocks. Policy action since early 2022 […]

Fitch downgrades Bangladesh's rating to 'B+', outlook stable amid weakening external buffers

Fitch Ratings downgraded Bangladesh's long-term foreign currency issuer default rating to 'B+' from 'BB-' in a report on Monday. The downgrade to 'B+' reflects the continued weakening of Bangladesh's external buffers, which may prove challenging to substantially reverse despite recent policy reforms, leaving the country more vulnerable to external shocks. Policy action since early 2022 […]

Cyclone Remal: 400,000 people affected by severe storm, 50,000 houses destroyed in Khulna

Mongla Port Authority (MPA) Secretary Mohammad Makruzzaman said the Mongla port has already resumed operations. “There was no damage here as the port authority had already made extensive preparations,” he said. Speaking to BSS, Sunderbans West DFO Abu Naser Mohsin Hussain said the intensity of damage in the Sunderbans could not be immediately ascertained. Water […]

Empowering Women with Disabilities: Legal Framework and Development Initiatives

Monsur Ahmed Chowdhury, trustee of Impact Foundation Bangladesh, said there should be political commitment to the development of people with disabilities. A national overview committee for the development of persons with disabilities was formed in 2008. The committee remained active until 2016. He said, “Why is there no trace of that committee now? Any person […]