Bangladesh Bank yesterday asked all banks dealing in foreign currencies to set up at least one dedicated help desk in their Dhaka and Chittagong head offices with competent officials to help potential foreigners in making productive investment.

Banks can do nothing to reduce the cost of bringing remittance to Bangladesh as they do not charge anything at all for channelling the hard-earned money sent by the migrant workers.

Mobile phone operators added 1.74 crore new connections in the nine months to May this year.

Private mobile operators are seeing no way of getting back within the first three years a “substantial” return of the over Tk 22,600 crore they will need to invest to roll out 4G services in Bangladesh.

Sweden, the Netherlands and Germany are among the best placed wealthy countries to cope with shocks like large-scale migration due to their strong safety nets, education programmes and economic opportunities, says a global report by KPMG.

Bangladesh Bank has advised all scheduled banks to distribute relief and financial assistance among the flood-affected people in the country, especially those in the northern areas, under their corporate social responsibility activities.

A World Bank mission is expected to visit Dhaka next week to assess the progress in digitisation and modernisation of the VAT system in light of the government move to shelve the implementation of the new law for two years.

Banks are opting for bonds to raise their capital in line with Basel III requirements for their cost-effectiveness, instead of floating more shares on the stockmarket.

Mohd Safwan Choudhury and AM Nurul Islam Anu have recently been re-elected vice chairmen of Bank Asia.

AB Bank has run into a leadership vacuum after its managing director and chief financial officer were among the 16 accused of embezzling Tk 383 crore from the bank by the Anti-Corruption Commission.

With two mobile phone operators having merged and another shutting down, the telecom regulator plans to welcome a new player

Twice as many elephants work in Thailand's tourism industry as the rest of Asia combined, with the vast majority kept in "severely inadequate conditions", a new report reveals.

Now it is rusting hulk in a small town railway station, but Indian authorities want the stall where Prime Minister Narendra Modi sold tea with his father to become a global tourist magnet.

Suspended more than 120 metres (400 feet) above a gaping chasm, the world's longest cantilevered glass skywalk is delighting and terrifying visitors in China.

Rising non-performing loans (NPL) and the dearth of quality personnel are the major challenges facing the banking sector, said a top banker.

The telecom regulator has decided to award three licences to manage mobile towers in Bangladesh and separate telecom business

A Rouf Chowdhury has been re-elected as the chairman of Bank Asia.

There is no behind-the-scenes pact between powerful central bankers to tighten policy but the potent effect their actions have on

The government has urged banks to channel Tk 20,000 crore into the power sector over the next six months to fast-track quick rental

Bangladesh Bank (BB) has updated its definition of micro, cottage, small and medium enterprises in line with the National Industrial