Bangladesh’s microfinance pioneer Muhammad Yunus is seeking a review of a Supreme Court judgement that upheld his dismissal from his Nobel prize-winning Grameen Bank, his lawyer said on Thursday. Yunus was fired by the central bank on March 2 this year for exceeding the mandatory retirement age. The 70-year-old “banker to the poor” challenged his [...]

Resurgent Pakistan continued their winning form to defeat Bangladesh by 50 runs in the one-off Twenty20 match at the Sher-e-Bangla stadium in Dhaka on Tuesday in a low-scoring affair. Misbah-ul-Haq’s men, buoyant after a successful series against Sri Lanka in the United Arab Emirates, where they won in all three formats of the game, proved [...]

Many Indian garment makers have shifted base or opened new units in neighbouring Bangladesh to take advantage of low labour cost and duty concessions on exports to US and European markets. “Labour cost in Bangladesh is almost one-third of that in India. Average monthly labour cost in India is over IRs 7,000 per person, while [...]

Large swathes of Bangladeshi capital Dhaka were shut down on Sunday during a nationwide strike protesting against a government oil exploration deal with a US company. Most shops, businesses and schools were closed and roads and highways in the city were deserted as the six-hour strike by the National Committee for Protection of Oil, Gas [...]