Current News

Stipulates higher provisioning for banks as a precautionary measure

P2P transfers overtook cash-out to become the most common MFS transaction in October

The Asian Development Bank (ADB) has approved $200 million as additional financing to the ongoing Bangladesh Power System Enhancement and Efficiency Improvement Project to further improve the electricity distribution network in rural areas in the Khulna division.

The rise of mega trading blocs, potential adverse consequences of LDC graduation, growing competition in key markets and a weakened multilateral system will make Bangladesh’s trade journey challenging during the eighth five-year plan period, a think-tank said yesterday.

The three managing directors are: Azimul Islam of Alif Manufacturing Company, Mohammad Ali of Imam Button Industries and Tasbirul Ahmed Chowdhury of United Airways

Of the total amount, about Tk 89 crore pertains to SLR shortfall and Tk 55 crore to CRR shortfall

An Argentine senator has proposed putting an image of the late football star Diego Maradona on new banknotes.

The Asian Development Bank (ADB) has approved a $50 million loan to help restore the economic activities of microenterprises in Bangladesh, which have been severely affected by the coronavirus disease (COVID-19) pandemic.

The United Nations announced Tuesday it has raised more than $370 million for its emergency fund to help respond to crises in 2021.

bKash is offering 1 percent cash bonus to around 50 million customers on receiving remittance through banking channels from abroad.