Economy
Bangladesh’s Banking Sector Worse Than War-Torn Economies: Commerce Adviser
Bangladesh’s banking sector is in worse condition than that of war-torn countries, said Commerce Adviser Sheikh Bashiruddin, claiming that non-performing loans have reached 36 percent—three times higher than in war-affected economies.
Speaking as the chief guest at the inauguration of a four-day Ceramic Expo at the International Convention City Bashundhara (ICCB) on Thursday, he said the previous government left the economy in severe distress, while the current interim government is working to restore stability.
According to the adviser, business activities are beginning to recover and the country’s foreign exchange reserves have shown signs of improvement. He described the ongoing Ceramic Expo as a reflection of that recovery.
He further said the government is committed to supporting the ceramic industry to ensure its continued growth. Industry entrepreneurs noted that the expo offers an opportunity to showcase Bangladesh’s ceramic sector on an international stage. They believe that highlighting import–export challenges will help address existing barriers and pave the way for expanding export markets while meeting domestic demand.
Economy
Giant 32-kg Poa Fish Caught Near St Martin’s; Fisherman Demands Tk 600,000
A 32-kg giant poa fish was caught in the net of fisherman Abdul Goni near Saint Martin’s Island in Teknaf on Saturday morning (22 November). The fish was caught around 10:30am and is now being negotiated for sale, with Goni demanding between Tk 500,000 and Tk 600,000.
Goni, a resident of Ward-5 in Saint Martin’s Union, said he was out fishing as usual when the large poa fish became trapped in his net. The catch has drawn crowds of locals eager to see the rare specimen, though it has not yet been sold.
He added that large poa fish have been appearing in his nets for several years, enabling him to become financially independent. Locals now call him “Poa Goni” for his frequent big catches.
According to Teknaf Upazila Fisheries Officer Md Delowar Hossain, the fish contains a valuable organ called “padna” or “fola,” which is dried and exported as raw material for pharmaceutical use. This makes poa fish significantly more valuable than regular fish.
Economy
Late-Night Fire at Grameen Bank in Magura; Quick Response Prevents Major Damage
A fire broke out at the Grameen Bank branch in Mohammadpur upazila of Magura in the early hours of Monday, around 3:30am. Quick action by the police, the fire service and local residents brought the blaze under control, preventing major damage to the institution.
According to Billal Hossain Mridha, sub-officer at the Mohammadpur Fire Service Station, the fire originated at the bank located beside Aminur Rahman Degree College. Several essential documents and pieces of furniture were damaged before firefighters managed to douse the flames. The cause of the fire has not yet been confirmed, and an investigation is underway.
Mohammadpur Police Station Officer-in-Charge Md Abdur Rahman said officers reached the scene immediately upon receiving the alert. With the joint effort of police and firefighters, the fire was brought under control. He added that investigators are working to determine whether the fire was accidental or deliberate. The extent of the damage will be assessed after the investigation.
Economy
Wave of Arson Hits Grameen Bank Branches as Attacks Spread to Kishoreganj
A series of arson attacks targeting Grameen Bank branches has expanded from Gazipur and Bogura to Kishoreganj, where masked assailants set fire to the institution’s Jashodal branch on Sunday night. CCTV and mobile footage showed a man shouting “Joy Bangla” before igniting the ground floor of the building. Locals quickly extinguished the flames, preventing major losses.
Earlier the same night in Pakundia’s Sriramdi area, a large litchi tree was felled across the road, blocking traffic on the Kishoreganj–Pakundia route. Witnesses alleged that activists of the banned Awami League arrived on motorcycles and cut the tree while chanting political slogans. Police later cleared the road and restored movement.
At dawn on Monday, a deserted ambulance parked in front of the Kishoreganj Civil Surgeon’s Office was set ablaze, with similar slogans heard during the attack. Fire service officials reported that much of the vehicle had already burned before they arrived.
Police have confirmed all three incidents in Kishoreganj.
The attacks follow previous arson attempts on Grameen Bank branches in Gazipur’s Maona–Sripur area and Bogura’s Sherpur, where petrol bombs damaged signage and important documents. Authorities say security measures around bank branches in affected districts have now been tightened.
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