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An 11-member technical mission of the World Bank reached Chattogram port yesterday to discuss various aspects of proposed Bay Terminal, a mega project taken to enable the port accommodate larger ships. Earlier this year, the international lender expressed interest to give around $350 million in loan for breakwater construction and …

Mobile financial service providers in Bangladesh would be able to launch an inter-distributor cash management system to facilitate e-money and cash funds transfer during weekends and public holidays. The Bangladesh Bank yesterday issued a circular to this effect. Distributors of MFS providers face difficulties in securing e-money from banks against …

The latest TexTIMe (Textile Today Innovation Meets) episode—organized by Textile Today Innovation Hub and sponsored by the largest dyestuff company in the Indian subcontinent Colourtex— shed light on the uncertain global scenario to discover the course of action remaining sustainable in the new context. Engaging industry leaders and strategy makers …

South Korea, a vital job market for Bangladeshi workers, doubled the quota for Bangladeshis based on an increased demand for foreign workers post-Covid. The East Asian country confirmed their recruitment plan to the Bangladesh Overseas Employment and Services Limited (Boesl) in July this year, officials said. It would hire 6,000 …

As a step to raise internal revenue collection, the National Board of Revenue (NBR) has again taken the initiative to install Electronic Fiscal Device (EFD) and Sales Data Controller (SDC) or value-added tax (VAT) machines in different types of business entities, such as department stores. The cabinet committee on economic …