DHAKA: Bangladesh Bank (BB) governor Dr Atiur Rahman said that according to the report of World Bank, Bangladesh is the eighth remittance receiving country in the world in 2013.He also said that around 23.5 lakh Bangladeshi expatriates are working in 157 countries of the world.Atiur

DHAKA: A three-day long ‘Banglalink Rangpur Bivagio Bhawaia Utshob 2014’ ended Saturday. One of the most significant cultural festivals of the northern region, the three-day long festival includes rally, Pala Gaan, Bhawaia Dance and Bhawaia songs competition among other

DHAKA: Bangladesh will host the upcoming 2-day meeting of Bangladesh China India Myanmar (BCIM) Economic Corridor from November 12 to finalize its next work plan.A foreign ministry higher official confirmed the matter to banglanews.The event will be held at Chittagong port city, the

DHAKA: The government appointed Dr Mihir Kanti Majumder as Managing Director (MD) for newly established state run bank Palli Sanchay Bank. Appointing Dr Mihir Kanti for three years, the Banking and Financial Institutions Division of the Finance Ministry issued a gazette notification

DHAKA: The amount of inflow of remittance in the first week of September was US $181 million.State owned banks have brought $60.57 million, specialized banks brought $2.32 million and private banks brought $115.30 million remittance in the country.Agrani Bank Ltd has brought $26.76

DHAKA: The amount of inflow of remittance in the first week of September was US $181 million.State owned banks have brought $60.57 million, specialized banks brought $2.32 million and private banks brought $115.30 million remittance in the country.Agrani Bank Ltd has brought $26.76

DHAKA: Finance Minister AMA Muhith on Thursday appreciated banks’ corporate social responsibility (CSR) activities in education sector.He was addressing a scholarship giving ceremony of Shahjalal Islami Bank Limited (SIBL) at Officers’ Club in city in the morning.Muhith said, the

DHAKA: Alliance for Bangladesh Worker Safety disclosed that some 45 flaws were found in every readymade garments factory among the 587 factories of Bangladesh they inspected in the last one year. Mesbah Robin, Managing Director of the Alliance’s Dhaka office, made the disclosure in a

DHAKA: Industries Minister Amir Hossain Amu threatened that the allocation of plots will be cancelled if their owners fail to transfer the factories to Savar Tannery Palli within the stipulated time. The industries minister came up with the forewarning while talking to journalists after

DHAKA: Commerce Minister Tofail Ahmed on Wednesday categorically said advices of International Monetary Fund (IMF) is not necessary to implement the VAT Act. The commerce minister made the observation while addressing a seminar titled ‘Value Added Tax and Supplementary Duty

DHAKA: Eastern Bank Limited (EBL) has signed an agreement with SME Foundation Wednesday.  Under this agreement EBL will receive Tk 50.00 million from the SME foundation as Pre-Finance for financing to footwear & leather goods manufacturing industries development with single digit

DHAKA: The Anti-corruption Commission (ACC) on Wednesday quizzed Managing Director (MD) of Partex Group Shawkat Aziz over loan scam of Sonali Bank. The ACC Deputy Director Mir Zainul Abedin Shibli was conducting the quiz in the ACC headquarters at Segun Bagicha in the city. According to

DHAKA: Internet banking service of Prime Bank Ltd apparently went out of order putting clients in massive sufferings.  Customers are getting almost no service though the bank charges a total of Tk 575 annually for internet banking services. Several customers alleged verbally and over

DHAKA: For outstanding contribution in pioneering policy making for mobile banking, Bangladesh Bank has been selected to for the Alliance for Financial Inclusion (AFI) Policy Award. The award was declared on Tuesday at AFI Global Policy Forum in Trinidad and Tobago’s capital Port of

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 15 points to stand at 4660 at the close on the fourth trading day of the week. Trade deals stood at 131949 with transaction at Tk

DHAKA: Bangladesh Bank (BB) has taken steps to prevent fake currency, ahead of Eid-ul-Azha and Durga Puja. The government has decided to spread the information required to identify fake currencies by distributing CDs (Compact Disks) at different places, including airports, railway

DHAKA: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved four new projects involving Tk 1,772 crore. The approval came from a meeting of the ECNEC at NEC conference room at Sher-e-Bangla Nagar in the city. After the meeting, planning minister AHM

DHAKA: Commerce Minister Tofail Ahmed on Tuesday categorically said Netherlands assured to provide Tk 300 crore in some development projects in Bangladesh. The minister made the disclosure after a meeting with the delegation of Netherlands at his secretariat office on Tuesday. The

DHAKA: The Anti-Corruption Commission (ACC) summoned Chairman Dr Abdullahel Bari and Managing Director (MD) Afroza Bari of Ananda Shipyard on allegation of loan scam.ACC sent a notice to them on Tuesday asking them to appear at its office in the capital at 10:00am on September

DHAKA: The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth and there is no magic bullet to solve the problem.The World Bank warned on Tuesday, reports Hindustan Times.In a study released at a G20 Labour and Employment Ministerial Meeting