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Meta's head of AI research stepping down

The head of Meta's artificial intelligence research division said she plans to step down, vacating a high-profile position at a time of intense competition in the development of AI technology...

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Shafiuzzaman joins SIBL as MD

Shafiuzzaman has joined Social Islami Bank PLC as managing director on Thursday, said a press release.

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BB raises transaction limits for MFS users

The Bangladesh Bank on Thursday raised transaction limits for mobile financial services such as bKash, Rocket and Nagad, allowing customers to conduct larger transactions and maintain higher account balances...

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BB urged to lift dividend ban on errant banks

The Bangladesh Association of Banks (BAB), a platform representing private bank owners, on Tuesday urged the central bank to allow banks to declare dividends as before, even if they have availed deferral facilities for provisioning against default loans.

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Govt should ensure timely payment of worker dues

DESPITE promises from all apparel sector stakeholders, some factories are yet to clear the workers’ monthly wage and the festival allowance for the forthcoming Eid-ul-Fitr. The Industrial Police and the Bangladesh Garment Manufacturers and Exporters’ Association report that 2,069 factories among 2,107 units in operation have already paid the February wages and are now...

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Seizure of assets of ex-minister Chumki ordered

The Dhaka Metropolitan Senior Special Judge Court on Sunday ordered the Anti-Corruption Commission to freeze five bank accounts of former state minister for women and children affairs Meher Afroz Chumki and confiscate a flat owned by her in the capital Dhaka in connection with a graft case...

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CWAB forms new ad-hoc committee

The Cricketers Welfare Association of Bangladesh, also known as CWAB, has formed a new ad-hoc committee after dissolving the previous one in a meeting held at the National Cricket Academy Building in Mirpur on Sunday.

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NCC Bank observes Financial Literacy Week

NCC Bank celebrated Financial Literacy Week 2025 with the theme ‘Think Before You Follow, Wise Money Tomorrow’, which focused on integrating unbanked and marginalised people into the financial system...

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Special-need children’s right to education should be ensured

THIS is disappointing that the education system still cannot ensure rights of children with disabilities. Teachers, students and parents have for long talked about the lack of infrastructural support and other resources needed for the education of children with disabilities. In early March, teachers of such non-government schools took to the streets, demanding an early...

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Google to buy cybersecurity company Wiz for $32b

Google said Tuesday it will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology infrastructure...

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BAPI gets new committee

Abdul Mukadir, chairman and managing director of Incepta Pharmaceuticals Ltd, has been elected as president while Dr Md Zakir Hossain, MD of the Delta Pharma Ltd, elected as secretary general of the Bangladesh Association of Pharmaceutical Industries for the next two years...

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Financial literacy: towards inclusive growth

FINANCIAL literacy day was observed across the country for the third time on March 3 this year. In 2022, Bangladesh Bank issued a circular declaring the first Monday of March as this day to be observed annually. The same circular also introduced the financial literacy guidelines for banks and financial institutions, aimed at strengthening financial inclusion and expanding...

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Baidu releases AI model to compete with DeepSeek

Chinese internet search giant Baidu released a new artificial intelligence reasoning model Sunday and made its AI chatbot services free to consumers as ferocious competition grips the sector...

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Making English the United States’s official language

ON 1 MARCH 2025, president Donald Trump made English the official language of the United States by an executive order. This is a significant step in the history of the country from linguistic as well as sociopolitical perspectives. However...

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SIBL, FSIBL get add’l Tk 2,500cr liquidity

The Bangladesh Bank has approved an additional Tk 2,500 crore in liquidity support for the crisis-hit Social Islami Bank and First Security Islami Bank to manage the Eid-ul-Fitr withdrawal pressure...

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BSCPLC revises financial reports

Bangladesh Submarine Cable PLC has revised its financial statements for the first and second quarters of the 2024-25 financial year, citing miscalculations in its previously reported figures...

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HC grants bail to Shomi Kaiser

The High Court On Wednesday granted bail to actress and ex-president of e-Commerce Association of Bangladesh Shomi Kaiser in an attempted murder case...

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