Sajjadur Rahman

The government has given the nod to Beximco Group, one of the largest conglomerates in Bangladesh, to set up 500 LPG (liquefied petroleum gas) refuelling stations across the country in the next two years.

Cyber threats are increasingly becoming a problem for Bangladesh as the country is moving fast with new digital

SWIFT, which provides the network through which banks make international transfers, has warned its user banks in Bangladesh on the potential cyber threats as a result of the weak IT infrastructure in the country.

Locally manufactured glass tableware is replacing imports, helping the country save foreign currency.

The Bangladesh Bank's move to issue guidelines for credit cards has taken a backseat after the cyber heist of $81 million from its account with the Federal Reserve Bank of New York, officials said.

Bangladesh Bank has decided to appoint a permanent consultant to oversee its IT and overall security measures, a

The Federal Reserve Bank of New York is acting defensively, distancing itself from any of the blame over the heist of $101 million from the Bangladesh Bank's account with it by cyber thieves.

SWIFT Global, whose service was used by hackers to transfer Bangladesh Bank's $101 million, should set up an office

People are increasingly turning to insurance policies to ensure their financial security. Many think the investments will help them retire rich, while others buy policies to ward off future shocks.

The World Bank has proposed to help the Bangladesh Bank recover the stolen money and enhance cyber security,

State banks plagued with bad loans are not eligible to disburse the World Bank's low-cost foreign currency long-term funds among

It may take several years for Bangladesh Bank to recover the fund stolen from its account with the Federal Reserve

Bangladesh Bank has identified the people involved in the hacking of around $100 million (Tk 780 crore) from its foreign currency account with the Federal Reserve Bank of New York, claim BB officials. Almost the entire amount was transferred online to the Philippines banking system and a small portion of it to Sri Lanka by suspected Chinese hackers on February 5, they said.

Fraudsters might actually have stolen over Tk 1 crore -- four times the amount initially thought -- from ATM booths of several banks using cloned cards last month, the central bank and investigators say.

Criminals are now using international credit cards issued by foreign banks to steal money.

Banks have rushed to install anti-skimming devices and PIN shields at their automated teller machines to meet the

A new non-bank financial institution (NBFI) enters the market today with a focus on venture capital.

When banks have slashed deposit rates to as low as 4 percent amid the declining demand for money, some non-

There are around 7,500 automated teller machines (ATMs) in Bangladesh, but only 2,000 of them are recorded in government documents, according to Customs Intelligence and Investigation Directorate.

Foreign fraudsters in collaboration with local bankers and merchants are believed to have committed more card frauds on point-of-sale (POS) terminals than what they had done with ATMs, experts and investigators said.