The Bangladesh Bank today barred the chairman of any non-bank financial institution (NBFI) along with the heads of executive, audit and risk management committees from holding any post of its subsidiary or foundation.

The government high-ups and the top commercial bankers today urged expatriate Bangladeshis to send their money through the legal channel instead of using hundi – an illegal cross-border money transfer network.

Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China's Xiaomi Corp in February as part of an investigation into alleged tax evasion, according to two sources and a court filing reviewed by Reuters.

A total of 40,862 candidates have been selected for viva-voce tests for Assistant Teacher Recruitment-2020.

The disasters like the Nimtoli tragedy and the Tazreen Fashion fire have been eye-openers for the government to take widespread measures immediately to ensure industrial safety, Industries Minister Nurul Majid Mahmud Humayun said today.

Chairman of the Parliamentary Standing Committee on Railways Ministry, ABM Fazle Karim Chowdhury, today said the prime minister would make the final decision about construction of a hospital in Chattogram Railway Building (CRB) area.

The government finally raised its guard against the dwindling dollar reserves, putting its employees’ foreign tours on hold and deferring projects that require much imports.

Prime Minister Sheikh Hasina yesterday underscored the need for creating opportunities for sports, exercise and cultural activities for everyone saying these are a must for building a nation.

Finance Minister AHM Mustafa Kamal yesterday dismissed all doubts raised by economists about this fiscal year’s GDP growth estimate amid the pandemic and the Ukraine war that has upset the global economy afresh.

To perform hajj under government management this year, pilgrims will have to spend at least Tk 4,62,150, about Tk 1 lakh more than it cost in 2020.

Certain unscrupulous public representatives, middlemen, officials of the government and an NGO embezzled Tk 390 crore while acquiring land for three power plants, according to a study by Transparency International Bangladesh.

Bangladesh is not eligible to receive funding from the US International Development Finance Corporation because of concerns regarding labour rights violations.

Jubilant FoodWorks, the master franchisee of Domino's Pizza in India, Sri Lanka, Bangladesh and Nepal, has fully acquired Jubilant Golden Harvest Ltd, the franchisee of Domino’s Pizza in Bangladesh.

Commerce Minister Tipu Munshi today invited the Canadian investors to set up canola oil manufacturing mills in Bangladesh.

Bangladesh Bank announced today that it has not cancelled any banknote.

Stocks tumbled for the consecutive second day and lost 73 points today.

Road Transport and Bridges Minister Obaidul Quader today said that BNP General Secretary Mirza Fakhrul Islam Alamgir should not “unfairly criticize” the government, adding Fakhrul should “jump into Bay of Bengal” for his failures.

The long cherished Padma Bridge will be opened to public next month, Road Transport and Bridges Minister Obaidul Quader said today.

Prime Minister Sheikh Hasina today said that her government has taken some steps so that every area has at least a playground.

Asani, the severe cyclonic storm in the Bay of Bengal, weakened into a cyclonic storm this morning (May 11, 2022).