US tech giant Microsoft pledged Thursday to process and store all European cloud-based client data in the European Union amid unease in the region over the reach of US legislation on personal data collection.

The startup scene in Bangladesh has huge potential but needs policy support to meet its demand for funding and make a bigger contribution to the economy, according to experts.

Bangladesh Bank yesterday allowed courier service providers (CSPs) to use banking channels to settle payments for their services.

After a year of layoffs and uncertainty, data released on Wednesday showed the US service sector adding jobs and expanding in April, as the world’s largest economy bounces back from the worst of the Covid-19 pandemic.

The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan’s biggest recipient of official development assistance in 2020.

The insurance regulator yesterday awarded a licence to NRB Islamic Life Insurance Company as the first non-resident Bangladeshi (NRB) insurer in the country.

People in Bangladesh can easily invest their funds in Treasury bonds (T-bond), thanks to a set of initiatives taken by the central bank recently.

Mobile phone operators should focus more on improving the quality of service to get tax exemption, said Posts and Telecommunications Minister Mustafa Jabbar yesterday.

The Covid-19 pandemic has emerged as the biggest challenge for businesses worldwide and caught top executives off guard.

Bangladesh added 31.37 lakh new mobile internet users in March in its subscriber base, which is the highest monthly addition in around a year and a half.

The European Union aims to help industries slash greenhouse gas emissions by promoting a rapid expansion of investment in low-carbon technologies, partly through schemes with easier state aid rules, according to a draft policy plan seen by Reuters.

The shock announcement that billionaire philanthropists Bill and Melinda Gates are to divorce after 27 years of marriage has raised questions about the future of their hugely influential charity.

IPDC Finance recently witnessed a deputy managing director being promoted to the post of additional managing director. The official, Rizwan Dawood Shams, had joined as a senior manager under corporate investment on November 1, 2007, says a press release.

Rumee A Hossain has been re-elected as the chairman of the executive committee of the board of Bank Asia in the 453rd meeting of the board of directors held recently.

Prime Bank recently witnessed the appointment of a deputy managing director who would also act as a chief anti-money laundering compliance officer and a chief risk officer.

The Group of Seven wealthy democracies on Wednesday worked on plans to scale up global Covid-19 vaccinations, as calls mounted for a drastic increase in funding to help developing nations virtually shut out of early efforts.

Tobacco is a leading cause of death, disease and disability around the world with more than eight million deaths attributed to its use every year.

The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan’s biggest recipient of official development assistance in 2020. Since the Covid-19 pandemic s

Bangladesh Bank yesterday instructed the country’s lenders to extend their operating hours to 2:00pm from today in order to help clients complete their banking activities smoothly ahead of Eid-ul-Fitr.

The government will import 50,000 tonnes of parboiled rice from India through the railways for the first time.