news and current affairs.
Two KNA Members, Including Commander, Killed in Army Operation in Bandarban
Army forces gunned down two fighters from the Kuki Chin National Army during combat operations. One of the dead men held a commander position within the rebel group. The deadly clash happened in the mountainous terrain of Ruma Upazila located in Bandarban district. Military officials confirmed the deaths through an official statement released Thursday morning. The remote hill country became a battleground as government troops moved against the armed organization. Soldiers seized a large cache of weapons after the firefight ended. The military haul contained three submachine guns and one rifle. Troops also grabbed additional firearms and bullets from the scene. The Inter-Services Public Relations office made the weapons recovery public...
Search Underway After Ferry Sinks Near Bali, Six Dead and Dozens Missing
A passenger ferry carrying 65 people crashed into the sea near Bali late Thursday night. The boat was almost at the popular vacation island when it started taking on water fast. Witnesses saw the vessel tilting badly before it went under the waves. Port officials tried calling the ferry on the radio but got no answer back. The ship sank just three miles from safety. Search teams have pulled 29 people from the rough waters alive. Rescuers also found six bodies floating among the wreckage and debris. Around 30 passengers remain missing and may have gone down with the ferry. Survivors told rescue workers the engine room filled with water quickly. People grabbed life jackets and anything that would float to stay alive. The doomed ferry...
Four Dead, Dozens Missing After Ferry Sinks en Route to Bali
A passenger ferry heading to Bali went down during rough seas late Wednesday night. Four people died and 23 survivors were pulled from the water after the boat carrying 65 passengers sank. Search teams are still looking for dozens of missing people who remain unaccounted for. The vessel departed from Java and was making its regular trip to the popular tourist island. Bad weather conditions caused the deadly accident according to officials. President Prabowo Subianto immediately ordered rescue teams to respond after learning about the tragedy. The leader was visiting Saudi Arabia when news of the sinking reached him. Local police chief Rama Samtama Putra confirmed the current casualty numbers from the disaster. The ferry named KMP Tunu...
Steve Smith to Return for Australia's Second Test Against West Indies
Steve Smith makes his comeback after hurting his finger badly three weeks ago during a match at Lord's. The cricket star dislocated his finger and had to go to hospital for treatment. He missed the first Test match against the West Indies because of the nasty injury. Australia won that game without him but their batting struggled at the top. Captain Pat Cummins says Smith feels ready to play again. Josh Inglis loses his spot on the team after failing to impress during his chance. The young player only scored five runs and twelve runs across both innings. Smith will take back his number four batting position even though he must wear a protective splint. The veteran player might not field in his usual slip catching position because his...
Maldives Imposes 30% Fee on E-Commerce Transactions, Targeting Chinese Platforms
Bank of Maldives shocked customers when it announced a massive 30% fee on shopping websites. The new charge hits people who use local currency cards on international sites starting July 1st. Chinese shopping apps like Temu and Shein face the biggest impact from this surprise move. Bank officials say customers spend seven million dollars every month just on Temu alone. The fee targets three mystery platforms that the bank refuses to name publicly. People who use US dollar accounts dodge the new charges completely. Credit card users also escape the hefty penalty that hits regular debit card holders. Hotel bookings and flight tickets remain safe from the controversial fee structure. The bank claims this move protects against currency...
Middle East Peace - A Delicate Balance Between Diplomacy, Power, and Investment
Middle East tensions have cooled down thanks to Donald Trump's efforts. People worried about war between Iran and Israel can breathe easier. The media started talking about positive developments. Everyone forgot that Israel has been killing Palestinians in Gaza for almost two years. The massacre had almost ended through diplomacy earlier. Israel and Hamas agreed to a ceasefire in January after pressure from America, Egypt, and Qatar. They started swapping prisoners with each other. People hoped this would end the fighting forever. Israel quit the ceasefire after three months and blamed Hamas for delays. The airstrikes on Gaza started again. Hamas and Israel could not make peace because they fight on different levels. Israel has much...
BAB Chairman Questions Necessity of Over 60 Banks in Bangladesh
A top banking leader thinks Bangladesh has way more banks than it needs. Abdul Hai Sarker runs the Bangladesh Association of Banks and also leads Dhaka Bank. He wonders if the country really needs over 60 banks for its economy size. The banking chief says this happened because licenses kept getting handed out for political reasons rather than business needs. He believes many approvals came from politics instead of what the economy actually required. Bangladesh started with just four or five government banks years ago. The country later allowed four private banks to open up first. Another ten banks got permission after that initial group. Sarker says the licensing process went out of control from there. He thinks business groups should...
NBR Misses Revenue Target by Tk94,000 Crore in FY25 Amid Protests and Economic Slowdown
Bangladesh's tax collectors failed to raise enough money this year. The National Board of Revenue wanted to collect 4.63 lakh crore taka but only managed 3.70 lakh crore. This left the government short by 94,000 crore taka. The shortfall happened because of political troubles and worker protests. Tax office employees went on strike at the end of the fiscal year. Political chaos hurt business across the country after the July uprising. Companies made less money and paid fewer taxes to the government. Development projects also slowed down with only 49 percent completed. This was the worst development program performance in 15 years. The reduced business activity meant less tax revenue for the treasury. NBR Chairman Md Abdur Rahman Khan...
Dhaka Court Orders Seizure of Assets Belonging to Tarique Ahmed Siddique and His Brother
A judge grabbed control of expensive property from two powerful brothers linked to the fallen government. The court took away land and buildings worth about 15 crore taka from Tarique Ahmed Siddique and his brother Shafique Ahmed Siddique. Judge Md Zakir Hossain Galib signed the papers after corruption fighters asked for help. The Anti-Corruption Commission wanted the court to stop the men from selling their stuff. Someone else will watch over the property until investigators finish their work. Tarique Ahmed Siddique used to give military advice to Sheikh Hasina before she lost power. His brother Shafique Ahmed Siddique also faces serious money charges from the government. The corruption commission thinks both men made their fortune...
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