EC warns public about fake NID service ads on social media
The Election Commission (EC) Secretariat has issued a warning to the public about scammers posting fake advertisements on social media under the pretense of offering services related to national ID cards (NID). In a statement on Monday, the EC said that fraudsters have recently been posting misleading ads, especially on Facebook, targeting people seeking NID-related assistance. The commission expressed concern over incidents of people falling victim to these scams. The EC noted that its official updates and information regarding the voter list, NID services, and related video content are only published on the verified Facebook page of the EC Secretariat (facebook.com/@BangladehECS) and the “National ID Card” (facebook.com/bd.nid) page run by the NID Registration Wing and the IDA Project. The commission urged the public not to be ensnared and duped by advertisements or offers from any other Facebook pages.
Source:bd News24
April 07, 2025 12:17 UTC
'No work, no school': Bangladesh students join global campaign in solidarity with Palestine
Several student organisations will hold protest rallies and marches to protest Israel's continued attacks on Gaza'No work, no school': Bangladesh students join global campaign in solidarity with PalestineEducational institutions across Bangladesh are observing an academic and administrative shutdown as students protest Israel’s continued attacks on Palestine. Several student organisations have also announced protest rallies and marches to take place later in the day. A rally will be held at 4pm at the Raju Memorial Sculpture on the Dhaka University campus. Earlier, on Sunday night, general students of Dhaka University staged a protest march on campus condemning the attacks in Palestine. Shakil Uzzaman, office secretary of Gono Odhikar Parishad, said the organisation’s student wing also held a solidarity rally on Sunday night in the capital’s Bijoynagar.
Source:bd News24
April 07, 2025 08:43 UTC
More loans than deposits: 7 banks struggle as 16 exceed lending thresholds
One of the banks issued loans worth 140 percent of its depositsMore loans than deposits: 7 banks struggle as 16 exceed lending thresholdsSixteen banks in Bangladesh—both state-owned and private—are grappling with a growing financial crisis triggered by months of aggressive loan disbursement far beyond regulatory limits. According to Bangladesh Bank, all 16 institutions exceeded the Advance Deposit Ratio (ADR) limit at the end of December, with one bank reportedly issuing loans worth 140 percent of its deposits. Of the 16 banks under scrutiny, seven lent more than 100 percent of deposits, while another seven pushed the ADR limit to between 91 and 98.5 percent. Nonetheless, 11 of those institutions had already surpassed the ADR limit by December 2024. With many of these aggressively distributed loans now unrecovered, non-performing loans are piling up, heightening the banks’ financial burdens.
Source:bd News24
April 06, 2025 21:06 UTC
Tulip accused of corruption based on documentary evidence: ACC chairman
“Sufficient evidence exists against the accused, and they must appear in court to respond to the charges,” said ACC chief Mohammad Abdul Momen. The ACC chief also referred to a recent report, which said the agency had not responded to a letter from Tulip’s British lawyer. He reiterated that the charges against Tulip were filed entirely based on documentary evidence and urged her to appear in court to defend herself. “The matter will be settled in court,” the ACC chief added. Due to international media interest in the cases against Tulip, the ACC chief also delivered a brief statement in English.
Source:bd News24
April 06, 2025 17:01 UTC
Trade deficit dropped by $632mn in 8 months as exports grow more than imports
Export growth outpaces import, reducing the deficit by 4.41 percent in July to FebruaryTrade deficit dropped by $632mn in 8 months as exports grow more than importsBangladesh’s trade deficit continues to decline in the 2024-25 financial year as export growth surpasses import expansion. On the other hand, imports rose by 4.5 percent and in the current fiscal stood at $43.73 billion from $41.87 billion in the previous fiscal. An analysis shows that the trade deficit has narrowed due to the increase in imports along with exports. According to the balance of payments data, the current account deficit has declined by 68.90 percent in the first eight months. The current account deficit during the period stood at $1.27 billion, down from $4.7 billion in the same period of the previous fiscal year.
Source:bd News24
April 06, 2025 16:39 UTC
Bangladesh in talks with US on LNG imports to address tariffs, trade gap
Officials see US LNG as a new source beyond GCC amid looming tariff pressure under Trump’s new “reciprocal tariff” policyBangladesh in talks with US on LNG imports to address tariffs, trade gapBangladesh is exploring US-sourced liquefied natural gas (LNG) imports as part of its strategy to reduce the growing trade deficit with the United States and counter the impact of new tariffs on exports. Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun shared this at a press briefing on Sunday ahead of the upcoming investment summit. He noted that the Donald Trump administration had decided to resume LNG exports and that Bangladesh had already initiated talks with Washington to source gas. However, the 'heavy pressure' gas from pipelines should be dedicated to industrial use. Consumers who use gas for cooking do not require heavy pressure gas."
Source:bd News24
April 06, 2025 16:17 UTC
Notorious criminal Chhoto Sajjad placed on remand in Ctg double murder case
Sajjad was arrested in connection with another murder case filed at the Chandgaon Police Station after he was apprehended in Dhaka. She alleged that the murders were “planned” by “top criminal” Chhoto Sajjad and his wife Sharmin Akhter Tamanna, who are in prison. Like Sajjad, he was also an associate of Sajjad Hossain, aka "Boro Sajjad", a suspect in the murder of eight Chhatra League leaders. At that time, Chhoto Sajjad, the grandson of a woman known locally as Buri, became Boro Sajjad's right-hand man. Chhoto Sajjad used to extort money on behalf of Boro Sajjad and Babla extorted money through his associates.
Source:bd News24
April 06, 2025 16:10 UTC
Stocks post mixed trend as turnover crosses Tk 4bn after Eid break
Shares worth Tk 106.6 million change hands in the block market as DSE trading resumesStocks post mixed trend as turnover crosses Tk 4bn after Eid breakBangladesh’s biggest stock market has shown mixed trends on the first trading day after the extended Eid-ul-Fitr holidays. In the opening hour, the DSE index dropped by 32 points to 5,187, triggered by initial sales. Daily turnover reached Tk 4.15 billion, up from Tk 3.15 billion recorded on the last trading day before Eid. In the block market, shares worth Tk 106.6 million were transferred on Sunday. The textile sector followed with Tk 435 million while the banking sector recorded Tk 348.8 million in turnover.
Source:bd News24
April 06, 2025 15:12 UTC
Bangladesh’s inward remittance surge rakes in record $3.29bn in March
The central bank cites dollar stability, Eid demand and crackdown on hundi as key factors behind the wide inflowBangladesh’s inward remittance surge rakes in record $3.29bn in MarchRemittance inflow surged to a record $3.29 billion in March, the highest ever for a single month, Bangladesh Bank has said. The bank had already projected a record-breaking month, as remittance inflow reached $2.94 billion in the first 26 days of March. He also pointed to the stabilising dollar rate. “When the dollar rate is steady, it builds confidence in the market,” Ali said. In late January, the dollar rate surged to Tk 128 amid rising demand, leading banks to purchase remittances at Tk 126.
Source:bd News24
April 06, 2025 14:14 UTC
Archer's quick redemption boosts Rajasthan Royals' IPL campaign
He comes back to become a match winner in Rajasthan Royals' victory against the Punjab KingsEngland fast bowler Jofra Archer came back from bowling the costliest spell in Indian Premier League (IPL) history last month to become the match winner in Rajasthan Royals' victory on Saturday. Sandeep Sharma, Archer's fellow pacer, said that despite the Englishman's poor start, the team always believed in him for his experience at international level. With Archer's return to form alongside Sandeep, Rajasthan now have two gun pacers in their arsenal, propelling the team forward in the IPL standings. "That (Archer-Sandeep) is a very deadly combo -- one guy bowling around 150 and another bowling around 115... We all love it when he (Archer) bowls those quick overs," Rajasthan captain Sanju Samson said.
Source:bd News24
April 06, 2025 13:12 UTC
Questions over whether Tulip misled UK parliament on flat ownership
Former Labour city minister Tulip Siddiq has faced questions over whether she misled the UK Parliament over the ownership of an apartment in Bangladesh, reports The Daily Mail. The records in the Westminster's Register of Members' Interests say she co-owned the property with a family member in June 2015 and transferred it in June 2015. The Daily Mail says that according to searches at the Dhaka Sub Registry Office, Tulip still owns the flat, as alleged by the ACC. He alleged that it was “nonsensical” to suggest Tulip had misled Parliament. I would happily respond to any legitimate questions, but I will not be drawn into dirty politics, nor allow their witch-hunt to undermine my work as a British citizen and proud member of the U.K. Parliament,” she wrote.
Source:bd News24
April 06, 2025 12:06 UTC
US starts collecting Trump's 10% tariff, smashing global trade norms
"This is the single biggest trade action of our lifetime," said Kelly Ann Shaw, a trade lawyer at Hogan Lovells and former White House trade adviser during Trump's first term. Trump's Wednesday tariff announcement shook global stock markets, wiping out $5 trillion in value for S&P 500 index companies by Friday's close, a record two-day decline. European Union imports will face a 20% tariff, while Chinese goods will be hit with a 34% tariff, bringing Trump's total new levies on China to 54%. Beijing on Saturday said, "The market has spoken" in rejecting Trump's tariffs. SHELTER FROM THE STORM"A trade war is in no one's interest.
Source:bd News24
April 06, 2025 09:45 UTC
Former BDR members hold sit-in at Pilkhana for job reinstatement
"We have only one demand -- to be reinstated in our jobs and to receive fair compensation for the injustice we’ve suffered." The protest began around 10:30am on Sunday as dismissed BDR members and their families started gathering near the main gate of the BGB headquarters in Pilkhana. In response, a large number of police personnel were deployed to the area, along with members of the army and BGB. Tareq Aziz, one of the dismissed members, said: “This is a peaceful protest. We have only one demand -- to be reinstated in our jobs and to receive fair compensation for the injustice we’ve suffered.”
Source:bd News24
April 06, 2025 07:50 UTC
Officials trickle back to work as govt offices reopen after 9-day Eid break
Attendance was relatively low during the first hour on Sunday, the first official working day after the long break. The last working day before Eid was Mar 27, when attendance was also sparse. Upon returning to work, Environment Advisor Syeda Rizwana Hasan said: “This year’s Eid was wonderful. Mar 30 (Eid eve), Apr 1, and Apr 2 were also holidays, with Apr 3 added through an executive order. In total, the Eid holiday spanned five official leave days.
Source:bd News24
April 06, 2025 05:49 UTC
One dead, over 15 injured as tourist bus carrying Bangladeshi nationals overturns in India
One individual died, and more than 15 sustained serious injuries after a tourist bus with over 70 Bangladeshi nationals onboard overturned in India’s Bhubaneswar on Sunday morning, reports Indian news outlet OdishaTV. The deceased has yet to be identified, but the injured have been rushed to the Capital Hospital for treatment, authorities say. Sources told OdishaTV that the bus was carrying around 70 tourists and was en route to Puri after visiting Kashi Vishwanath Temple. Most of the passengers are reportedly Bangladeshi nationals who came to the area via ISKCON Mayapur in West Bengal. Initial reports say the vehicle veered out of control near SIFA at Uttara Chhak.
Source:bd News24
April 06, 2025 05:02 UTC