Meghna Bank's Tk 400cr second subordinated bond: A new initiative for capital strengthening and sustainable growth

Business DeskWith the objective of further strengthening the capital base in the country's banking sector, enhancing financial capability, and ensuring sustainable business growth, Meghna Bank PLC has undertaken an initiative to issue its second subordinated bond worth 400 crore Taka.In the current competitive banking environment, maintaining adequate capital for business growth, risk management, and complying with regulatory directives are crucial for banks.The funds raised through Meghna Bank's second subordinated bond will help consolidate and strengthen the bank's capital base, as well as facilitate the expansion of its lending and investment activities. Consequently, this is expected to contribute to the country's industrialization, increased investment in productive sectors, the creation of new entrepreneurs, the expansion of existing industries and business establishments, and the generation of new direct and indirect employment opportunities.Approval from B...

Gold prices drop again, 22-carat gold now Tk217,592

Gold prices have fallen again in Bangladesh, with the Bangladesh Jewellers Association (BAJUS) cutting the price by Tk5,482 per bhori. The new price for 22-carat gold has been set at Tk217,592 per bhori.BAJUS announced the revised rates in a statement on Saturday, October 31. The new prices came into effect at 10am.The association said the adjustment was made after the price of pure gold, locally known as tejabi gold, declined in the domestic market.Under the revised rates, 21-carat gold costs T...

Govt to Make Food Business Registration, Licensing Mandatory

The government has taken an initiative to establish accountability in food management - from production to marketing - by making registration and licensing mandatory for food businesses. Under the new regulations, w...

Glorious success for milestone college in the HSC examination

As in every year, Milestone College has achieved glorious success in the 2026 Higher Secondary Certificate (HSC) examination results. This year, a total of 2959 students from Milestone College participated in the HSC examination in Bangla medium and English version. The pass rate is english version is 100% and overall pass rate is 99.83%, Among the passers, 312 students got GPA-5.A total of 2324 students from the Science group appeared for the HSC examination, achieving a 99.83% pass rate, with 283 students securing a GPA of 5. In the Business Studies group 316 students appeared for the examination, also achieving a 99.62% pass rate, with 12 students securing a GPA of 5. In the Humanities group, 319 students appeared for the examination, with a pass rate of 100% and 17 students achieving a...

IGP’s crossfire remark puts government in awkward position

Nayeem hit maiden fifty as Tigers set Windies 170 for victory

A brilliant half-century from Nayeem Hasan steered Bangladesh to 142 all out in second innings, setting West Indies 170 for victory in the first Test at Sher-e-Bangla National Cricket Stadium today.With the pitch offering turn and bounce aplenty, this target is regarded as tougher to achieve for any side in the fourth innings.Nayeem made 52 and led Bangladesh's batting after the hosts resumed the Day 4 at precarious 79-6 and with 106 runs lead.The allrounder made most of the runs out of Bangladesh's 64 they added on Day 4 before being all out.Nayeem's overnight partner Jaker Ali Anik was dismissed on 22 in the first over of the day, giving West Indies the complete control of the game.However, Nayeem guided the lower order astutely to take the leas past 150 amid the vicious spin bowling from Jomel Warrican and Roston Chase.Chase dropped Nayeem on 29 but the batter showed the grit on tricky surface to raise his maiden half-century off 87 balls, when he guided a delivery from Warrican to mid-wicket for a single.Chase, however, dismissed him for his fifth five-wicket haul and wrapped up Bangladesh innings as Nayeem miscued a shot to long-on.Chase ended with 5-36 while Warrican who followed his 5-53 with 4-63 in the second innings of Bangladesh.West Indies negotiated one over to reach 8 for no loss at lunch after their two openers-John Campbell and Brandon King survived some close calls, reports BSS....

Crossfire is not justice: IGP must uphold the Constitution

The Inspector General of Police (IGP), Md Ali Hossain Fakir, has made a deeply disturbing statement by saying that police may resort to crossfire if the government permits it and it becomes necessary ...

Law and order: No room for impunity

The vandalism at content creator Salman Muqtadir’s BrownFish Studio in Dhaka’s ECB Chattar and the subsequent destruction of the Radda MCH-FP Centre in Mirpur raise a much larger question than the circumstances of either individual incide...

KFC's 'Eidi for Angels' Spreads Eid Joy to Underprivileged Kids

To stem the scourge of smoking, follow the science, not the dogma

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