In a surprising move, Pakistan’s Prime Minister Shehbaz Sharif has appointed Muhammad Aurangzeb, the CEO and president of the country’s largest bank, HBL, to take the reins as the new finance minister. This decision has bypassed seasoned veterans with prior experience managing the nation’s $350 billion economy, raising eyebrows in political and financial circles. […]
Read MoreIn a daring turn of events, a Bangladeshi-flagged ocean-going vessel named MV ABDULLAH narrowly escaped a hijacking attempt by 50 Somali pirates in the Indian Ocean two days ago. The vessel, owned by SR Shipping, a Chattogram-based company, was en route from Mozambique to Dubai when it fell victim to the pirates in what was […]
Read MoreIn a significant move toward environmental sustainability, Bangladesh is actively exploring opportunities to contribute its agricultural expertise to Saudi Arabia’s green initiatives, as announced by Foreign Minister Hasan Mahmud on Monday (11 March). Bangladesh aims to bolster its participation in the ambitious green endeavors spearheaded by Crown Prince Mohammad bin Salman in 2021, with a […]
Read MoreThe Citizenship Amendment Act (CAA) came into effect across India nearly four years after the bill was passed. Ahead of the upcoming Lok Sabha elections, the Union Home Ministry announced the official launch of the CAA by issuing a notification in this regard on Monday. The Act was passed by Parliament in December 2019. Last […]
Read MoreExpressing growing impatience, India’s Permanent Representative to the United Nations, Ruchira Kamboj, has issued a strong call for immediate reforms to the United Nations Security Council (UNSC). Addressing the 78th session’s informal meeting on Security Council reforms, Kamboj voiced frustration over the protracted discussions, pointing out that almost 25 years have passed since world leaders […]
Read MoreThe Enforcement Directorate (ED) is delving into the activities of the Dubai-based Mahadev group, uncovering a complex web of investments in Bangladesh, Nepal, and the UAE. In a recent revelation, it has come to light that Mahadev group partners, in collaboration with the sister of a Bangladesh cricket player, have established a gambling and betting […]
Read MoreDuring the bi-annual Director General (DG) level talks between the Border Security Force (BSF) of India and the Border Guard Bangladesh (BGB), both forces committed to working together to “bring down to an absolute minimum” the incidents of attacks on BSF personnel by criminals from Bangladesh along the 4,096-km-long International Border (IB) shared by the […]
Read MoreThe Islamic Emirate of Afghanistan has emphasized the necessity of maintaining good relations with neighboring countries, particularly Pakistan. Zabihullah Mujahid, the spokesperson for the Islamic Emirate, urged the new Pakistani government to exhibit flexibility in addressing issues related to Afghan refugees. “We want Pakistan to make good progress in various sectors with Afghanistan and ask […]
Read MoreIn a move aimed at enhancing the competitiveness of Bangladesh’s leather sector, the government is considering a reduction in the source tax on leather goods exports from 1% to 0.5%. The potential tax cut is anticipated to boost the leather industry, which has faced challenges in accessing certain markets and competing on pricing due to […]
Read MoreIn a groundbreaking move, Pakistan’s coalition government, comprised of the Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP), has taken a decisive step towards reshaping the country’s political framework. The coalition partners have jointly decided to abolish the caretaker system, asserting that the current approach to governance does not warrant the existence of a […]
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