Mobile financial service (MFS) providers recorded Tk 1.25 lakh crore-worth transactions in April, the highest ever so far, buoyed by an increase in spending, payments and money transfers ahead of the Eid-ul-Fitr festival. 

Customers now can avail handsets in instalments when purchasing connections as the telecom regulator has finally decided to give the greenlight to mobile network operators in this regard. 

Sugar prices have gone up at both wholesale and retail markets in Dhaka and Chattogram in a span of a week owing to tight supply and millers’ call for adjusting the price in line with rising global rates. 

A new export opportunity has opened up for Bangladesh as high-end apparel items made from local fabrics such as jamdani bring higher prices and offer an increased level of value-addition.

NCC Bank organised a daylong conference on “Prevention of Money Laundering and Terrorist Financing” at Brac-CDM in Savar recently for 132 branch-based anti-money laundering compliance officers. 

Mastercard and Brac Bank launched a “World Credit Card” focusing health and wellness benefits yesterday. 

Prime Bank recently signed an agreement with Footstep Bangladesh on setting up water filtration systems in government schools and hospitals in Dhaka, Sunamganj and Kushtia. 

The Association of Anti-Money Laundering Compliance Officers of Banks in Bangladesh (AACOBB), in collaboration with Bangladesh Financial Intelligence Unit (BFIU),

Banks will keep their branches open on a limited scale in the industrial areas, including Dhaka and Chattogram, on June 27 and 28 to facilitate the payments of salaries, wages and festival allowances to the garment workers, employees and officials ahead of the upcoming Eid-ul-Azha.

Electric vehicle (EV) sales in the European Union jumped 71 per cent in May while new car registrations grew for the tenth consecutive month, rising 18.5 per cent, data released by the region’s carmaker association showed on Wednesday.

Bangladesh Bank has relaxed rules to provide support to foreign investors. 

A two-day dialogue between one think-tank from India and another from Bangladesh will begin in Delhi today in order to discuss a wide range of bilateral issues. 

The Bangladesh Bank yesterday relaxed loan repayment facility for businesses that took short-term demand loans from banks.

The country’s foreign exchange reserves yesterday rose past $30 billion as the inflow of remittances is now maintaining an upward trend ahead of Eid-ul-Azha. 

A court has issued arrest warrants against a former president of the Chittagong Chamber of Commerce and Industry (CCCI), Murshed Murad Ibrahim, and his mother, Gulshan Ara Begum, for allegedly embezzling Tk 30 crore from National Finance Limited. 

The Bank Company (Amendment) Bill 2023 was passed in the parliament yesterday amid a huge outcry and a walkout by the main opposition party, Jatiya Party due to a last-minute contentious addition

As per the new measure, foreign investors who are remitting money from abroad will get the scope to retain forex in their foreign currency accounts at local banks for up to one year after registering their businesses here

Borrowers can repay 50% of demand loans payable for Apr-Jun

Chattogram City Corporation today announced a proposed budget of Tk 1,887.28 crore for the fiscal year of 2023-24

Difficulties in accessing the system began at 8.30pm on June 18