Bangladesh navy ships BNS Osman and BNS Madhumati docked at Port Sultan Qaboos (PSQ) for two days on the journey back to home country after a two-year stint as part of the United Nations Interim Force in Lebanon (UNIFIL) in Southern Lebanon. The ships were part of the Maritime Task Force (MTF), the naval arm of UNIFIL, set up after the 2006 Lebanon War. SMAK Azad, contingent commander and commanding officer, BNS Osman, said, “Naval ships of several countries took turns to take part in the maritime security stint in the last two years. We have c...

The government has appointed four new directors to the state-owned BASIC Bank Board of Directors for the next three years. The four new directors are Hasan Mahmud, FCA, Rayhana Anisa Yusuf Ali, former MD of Bangladesh House Building Finance Corporation, Mamun Al-Rashid, Joint Secretary of Bank and Financial Institution Division and Dr Mujib Ahmed, Professor of Accounting and Information System Department of Dhaka University, reports UNB. The Banking and Financial Institutions Division of the Finance Ministry on Monday iss...

A day into the resignation of BASIC Bank chairman Sheikh Abdul Hye Bacchu, the finance ministry today dissolved board of directors of the bank and appointed Alauddin A Mojid as its chairman. Mojid is currently serving as the chairman of Krishi Bank. The ministry issued a gazette notification in this regard today, the ministry official confirmed to The Daily Star. Bacchu, the main accused behind BASIC Bank's current financial straits, handed his resignation letter to Finance Minister AMA Muhith Friday night The move ...