Breakthrough imminent in BB-BSEC discord

A breakthrough has apparently come about in the discord between Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC), with both reaching common grounds over perpetual bonds.
29 December 2021, 18:00 PM

Calls grow louder for greater BB autonomy

High level of default loans, failure to implement banking regulations, and limited autonomy for the Bangladesh Bank are the major challenges facing the banking sector today. 
29 December 2021, 18:00 PM

No outdoor events in Cox’s Bazar on New Year's Eve

There will be no outdoor event to welcome the new year 2022 in Cox's Bazar.
29 December 2021, 05:11 AM

App for migrant workers getting popular

More  than 8.5 lakh people who want to go abroad for jobs have registered  with the Bureau of Manpower, Employment and Training (BMET) through its  Ami Probashi app within six months of its launch.
28 December 2021, 18:00 PM

Bank accounts unused for 6 months to be inoperative

The Bangladesh Bank yesterday said current, savings and special notice deposit (SND) accounts would become inoperative if clients don’t carry out any transaction for six months in a row.
28 December 2021, 18:00 PM

StanChart steps up to finance women entrepreneurs

The Women Entrepreneurs Association of Bangladesh (WEAB) and Standard Chartered yesterday signed a memorandum of understanding (MoU) at the bank’s head office in Dhaka to facilitate access to financial services for women entrepreneurs.
28 December 2021, 18:00 PM

Learnings and takeaways from 2021

Businesses went through an unprecedented rollercoaster ride in 2021. The year had started on a rather positive note as the coronavirus infection rate in Bangladesh remarkably came down to below 5 per cent.
28 December 2021, 18:00 PM

Half of adult population still unbanked

Bangladesh lags far behind in financial inclusion as nearly half of its adult population still remains unbanked.
28 December 2021, 18:00 PM

Ministry seeks clients’ list from Qcoom

The commerce ministry yesterday sought the full list of the customers and merchants from Qcoom.com as it looks to refund the victims of e-commerce fraudulent activities from the money stuck up with Foster Payments.
28 December 2021, 18:00 PM

NBR chief gets two-year extension

The government yesterday extended by two years the contract keeping Abu Hena Md Rahmatul Muneem as senior secretary and chairman of the National Board of Revenue (NBR), according to a public administration ministry notification.
28 December 2021, 18:00 PM

BB won’t extend relaxed loan policy despite FBCCI plea

The Bangladesh Bank yesterday decided not to extend the tenure of the current relaxed policy on loan classification despite pleas from the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
28 December 2021, 18:00 PM

Stocks continue rally

Stocks listed on the Dhaka bourse rallied for a second day yesterday as the market continued to rebound from a losing streak.
28 December 2021, 18:00 PM

Banks’ call centres failing to live up to expectations

Al Hossain Chisty, a client of a private commercial bank, tried to talk to the bank’s call centre executives to get some explanation about statement related to his credit card.
28 December 2021, 18:00 PM

8.5 lakh potential migrant workers register with BMET app

More than 8.5 lakh people who want to go abroad for jobs have registered with the Bureau of Manpower, Employment and Training (BMET) through its Ami Probashi app within six months of its launch.
28 December 2021, 12:53 PM

Stocks keep rising

The Dhaka bourse rose for the second consecutive day today as the market continued to rebound from a three-day losing streak.
28 December 2021, 11:24 AM

ICB to issue mudaraba sukuk worth Tk 1,000cr

The Investment Corporation of Bangladesh has decided to issue an ICB First Mudaraba Sukuk worth Tk 1,000 crore for 10 years.
27 December 2021, 18:00 PM

Foreigners in Bangladesh can now send home 80% of monthly income

The central bank yesterday relaxed rules for foreign nationals residing in Bangladesh to send remittances to their home countries.
27 December 2021, 18:00 PM

Real estate fair logs Tk 397cr sales

Flats, plots and commercial spaces worth around Tk 397 crore were sold and booked at the REHAB Fair 2021, which concluded yesterday.
27 December 2021, 18:00 PM

Digital doers lauded

The government needs to build skilled human resources and develop infrastructure in line with the fourth industrial revolution to survive in the coming days, speakers said at the sixth The Daily Star ICT Awards ceremony yesterday.
27 December 2021, 18:00 PM

Sonali Bank awarded for outstanding performance

Sonali Bank Ltd was awarded for securing the top position among all the government banks in implementing the annual performance agreement in 2020-21.
27 December 2021, 18:00 PM