Bangladeshi migrant workers pay the highest recruitment costs in the world, the World Bank said in a report. Citing a recent survey by the Global Knowledge Partnership on Migration and Development, the WB said worker-paid recruitment costs averaged $1,955 in Kuwait with the Bangladeshis paying the highest, ranging between $1,675 and $5,154.

Political unrest, vulnerability in the banking sector and low investment stand in the way of higher GDP growth and economic development, the World Bank said.

Prime Bank Managing Director Ahmed Kamal Khan Chowdhury yesterday announced a number of programmes to celebrate its 20th anniversary today.

Carsten Stoehr, global head for financial markets sales at Standard Chartered Bank, is now visiting Dhaka to meet the bank's important

Standard Chartered Bangladesh will continue to support sectors that have driven the country's economic growth for decades and will

The exchange rate has remained stable despite an increase in imports due to adequate liquidity and timely intervention in the foreign

Mohammad Feroz Hossain has been promoted to deputy managing director of Exim Bank, the bank said in a statement yesterday.

The finance ministry has for the first time set 13 annual performance targets for the 14 state-owned financial institutions, including

Ahmed Shaheen has joined Prime Bank as deputy managing director, the bank said in a statement yesterday. Prior to joining, Shaheen

The Centre for Policy Dialogue is not in favour of the government's move to seek budgetary support from the World Bank, as the

Finance Minister AMA Muhith has hinted that the government may cut interest rates on savings instruments in the next fiscal year.

Businesses can complement government efforts to empower women and ensure welfare of children as part of corporate social

Hafiz Ahmed Mazumder has recently been re-elected as the chairman of Pubali Bank.

Bank Asia has re-elected Mohammed Lakiotullah as the chairman of its audit committee.

Provisions for Ananda Shipyard's bad loans have been eating up Islami Bank Bangladesh's profits as it had to set aside Tk 178 crore a

Bank Asia has re-elected Mohd Safwan Choudhury and AM Nurul Islam Anu as vice chairmen, the bank said in a statement.

Fariduddin Al Mahmud and Shah Md Moinuddin have recently been made deputy managing directors of IFIC Bank.

The Board of Mutual Trust Bank has recently extended the contract of Anis A Khan as its managing director for another four years to

A Rouf Chowdhury was re-elected as the chairman of Bank Asia on Tuesday.

The debate on creating an optimal monetary policy is continuously evolving. Over the years, various stakeholders and experts have