Sonali Bank has sought consent from the central bank to transfer Tk 171 crore to its operation in the UK that is suffering from cash

The Central government is considering more steps to curb cash transactions even as a few banks have already started imposing charges after limited transactions. The government is now considering imposing a cap on cash holding limit as suggested by the SIT.

Customs officials seize a luxury vehicle as what they say it was brought into the country by abusing diplomatic privileges.

Slowdown in exports and weak remittance growth are the new challenges for Bangladesh's economy, said Mitsuhiro Furusawa, deputy

The base for a group of people involved in a Chinese version of a bank transfer scam has been found in Japan. The National Police Agency informs the Chinese Public Security Ministry of the discovery during a regular consultation meeting, according to sources.

With a vow to support the ongoing investigation of Customs Intelligence and Investigation Directorate (CIID), the World Bank has handed over another car, 11 days after the directorate sought information about 16 vehicles brought into the country duty-free.

Mobile operator Robi has started converting its SIM cards into 4G enabled Robi SIMs to launch the fastest data services to the users across the country as soon as it receives the licence.

The future landscape of the country depends on what we make of Dhaka city. Any national plan will have to consider the urban scenario of the whole country, from the primary cities to the small towns, but particularly Dhaka city as it will continue to play a vital role in impacting places throughout the country.

The mindset of young founders needs to change when they are learning at schools and universities. Government education policies need to align with their vision of Digital Bangladesh so that there is a pipeline for talent in the private sector. It's a long-term process, but in the short-term there has to be a way to make the education system more relevant for the ICT sector.

Growth cannot happen without effective energy supply. At the same time, growth will have an impact on the demand for commercial energy. And per capita income rise will demand more energy use.

For many, migration is a route out of poverty and a pathway to live in dignity. It is an integral part of globalisation. The world community has recognised that migration can contribute in achieving the Sustainable Development Goals (SDGs).

A strong banking sector is critical to economic growth and development in a developing country. A robust and well-functioning banking system facilitates the efficient allocation of resources to individuals, organisations, and projects that can use those resources effectively.

Widening comparative advantage in global export market has not only triggered economic growth but also ensured expected structural transformation as has been revealed in many Asian developing economies such as South Korea,

It is no longer news that Dhaka has earned the infamy of being one of the world's most unliveable cities and “worst vacation spots.” We have become accustomed to hearing Dhaka's moniker, the “traffic capital of the world,” in different global media. Every time the city's alleged urban dysfunction is in the news, local social-media reactions are typically three-pronged.

There is a consensus that accelerated enhancement of bilateral trade between India and Bangladesh, and in the South Asian region, is contingent upon undertaking appropriate trade facilitation measures and establishing effective regional connectivity.

Just as Vision 2021, regional connectivity, and seaport startups increasingly enter public parlance today as independent dynamics, how they converge domestically also reflect global tendencies. At stake are domestic infrastructure building, external financial resources, and the rivalry baggage in connecting both.

The role of energy efficiency (EE) in fostering economic growth and energy security has only come to the forefront in the last two decades. Economic growth has always been linked to increase in per capita energy consumption with little regard to how effectively the energy is utilised. Concerns over global warming and the need to reduce greenhouse gas (GHG) emissions have forced mankind to consider decarburisation of society through lowering of fossil fuel use.

There is an increasing awareness to enhance South-South cooperation among the least developed and developing countries to achieve sustainable development and promote faster economic growth with equity.

The development of domestic transport and communication is a prerequisite of economic advancement of a country. In general, means of transport influences the distribution of both economic production and population.

The Vision 2021 of the government envisages Bangladesh to be a middle income country by 2021 with a drastic reduction in poverty rate as well as high level of economic growth.