Bangladesh Bank (BB) has granted a Letter of Intent (LOI) for establishing a new state-backed bank, United Islami Bank Plc, merging five financially weak Islamic banks. The LOI, issued on Sunday with several conditions, comes after the government formally applied for approval last Wednesday. The proposed merger will consolidate five financially struggled Islamic banks– Social Islami Bank PLC (SIBL), First ...

Paris Saint-Germain returned to the top of Ligue 1 thanks to a 95th-minute header from Joao Neves, giving them a dramatic 3-2 victory over Lyon at the Groupama Stadium on Sunday. The win restored PSG to first place with 27 points, two ahead of Marseille, who had briefly overtaken them after beating Brest 3-0 on Saturday. The match acted as ...

Robert Lewandowski struck a superb hat-trick to lead Barcelona to a 4-2 victory over Celta Vigo on Sunday, cutting Real Madrid’s La Liga lead to three points. The veteran Polish striker’s treble powered Hansi Flick’s team to a much-needed win after Madrid were held to a goalless draw earlier in the day by Rayo Vallecano. Teenager Lamine Yamal also found ...

Former minister Abdul Latif Siddique has secured bail in a case filed under the Anti-terrorism Act. An Appellate Division of the Supreme Court on Monday upheld the High Court order which granted bail to former minister Abdul Latif Siddique in a case filed under the Anti-terrorism Act. A three-member HC bench of Justice Jubayer Rahman Chowdhury issued the order after ...

A crude bomb was blasted in front of Grameen Bank’s headquarters in the capital’s Mirpur area early Monday. According to police, the incident took place around 3:45AM with no casualties were reported. Efforts are underway to trace two individuals, riding on a motorcycle, responsible for the sabotage, said Mirpur Model Police Station OC Sajjad Roman. ”We are visited the spot. ...

Miscreants set on fire to two buses in Dhaka’s Merul Badda and Shahjadpur areas early Monday. Getting information at an early hours, Fire Service personnel went to the spots and doused the blaze. According to duty officer Rashed Bin Khaled, the incidents were reported around 5:40AM that two buses belonging to Victor Paribahan were torched at Merul Badda and Shahjadpur. ...

Assistant teachers of government primary schools reversed their work abstention decision late on Sunday, hours after withdrawing their sit-in. At an early hours, they announced that their non-stop sit-in programme would continue alongside the strike. After a meeting with government representatives at the Secretariat on Sunday night, Mohammad Shamsuddin Masud, central convener of the Primary Assistant Teachers’ Unity Council, announced ...

Law, Justice and Parliamentary Affairs Adviser Dr Asif Nazrul has assured that the government is determined to hold the national elections in the first half of February, dismissing any confusion or concerns about delays. Dr. Asif made the statement on Sunday morning after meeting with judges at the Legal Aid Office in Chief Judicial Magistrate Court building in Rajshahi. “There ...

Aam Janatar Dal Member Secretary Tarek Rahman ended his six-day hunger strike on Sunday evening after a personal request from BNP Standing Committee member Salahuddin Ahmed. Following the end of his protest, Tarek was taken to Gonoshasthaya Nagar Hospital by ambulance for medical treatment. Earlier in the day, Salahuddin visited Tarek in front of Election Commission (EC) headquarters in Agargaon, ...

Motorists in part of south-east London are less likely to be hit with penalty charge notices (PCNs) this week as traffic wardens begin industrial action. On Monday 10 November, civil enforcement officers in Bromley will embark on action short of a strike for a week, after pay talks with their employer broke down. Bromley traffic wardens who are GMB union ...