Dr. Khawza Appointed as Pro VC of GUB

The Bangladeshi government is set to increase the education sector's budget in the 2025-26 fiscal year to improve educational quality and meet international standards. Planning and Education Adviser Wahiduddin Mahmud emphasized prioritizing educational tools, scientific equipment, and research materials. The government aims for a significant proportional increase in funding, beyond just infrastructure.

First Security Islami Bank (FSIB) has terminated Deputy Managing Director Md Akmal Hossain due to alleged irregularities during his tenure at Social Islami Bank Limited (SIBL). The dismissal letter, signed by FSIB's Managing Director Syed Waseque Md Ali, cited official communication from SIBL confirming Hossain's discharge on December 19.

Islami Bank Bangladesh's Managing Director, Mohammed Monirul Moula, has been absent from his workplace since December 19 after being forced to leave by a group of officials. According to an unnamed additional managing director, Moula has been working from home due to "internal issues."

Japan will provide 500 million yen (approximately Tk 386.30 million) as a grant for Bangladesh's "Fourth Primary Education Development Programme" (PEDP-4). The agreement was signed by the Economic Relations Division (ERD) with Japan International Cooperation Agency (JICA), with Japanese Ambassador IWAMA Kiminori and JICA's Chief Representative ICHIGUCHI Tomohide representing Japan.

Nazia Kabir, partner at "Syed Ishtiaq Ahmed & Associates" and advocate at Bangladesh's Supreme Court, has joined Prime Bank PLC as its first female independent director. A seasoned legal expert with over 20 years of experience, Kabir specializes in company law, banking, project financing, and dispute resolution.

Md Fazlul Kader has been appointed as the 12th managing director of Palli Karma-Sahayak Foundation (PKSF) for a three-year term. He began his career at PKSF in 1990 and was promoted to additional managing director in 2021, serving as acting managing director since August 2024.