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.

The revenue administration has tightened rules to prevent the use of fake taxpayer identification numbers by dishonest people for various purposes, including land and vehicle registration, at public and private agencies.

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.

Canada said it would take steps to boost garment imports from Bangladesh in an effort to increase bilateral trade.

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

Bangladesh's garment sector is moving towards green building initiatives to impress the growing tribe of eco-minded international

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

Samsung in partnership with Grameenphone yesterday unveiled two smartphones—Galaxy S6 and its curved-edge variant S6 Edge—for the Bangladesh market.

Bangladesh has at least 10,152 people with individual net wealth of more than Tk 2 crore, according to data compiled by the National Board of Revenue. But taxmen and analysts said the number of wealthy people and the amount of wealth shown by taxpayers should be higher from the viewpoint of property price spirals and the rise in the number of apartments and expensive cars.

Commerce Minister Tofail Ahmed said international factoring removes the danger of open-account trade under two-factor system very easily, regardless of whether the exporter is a small or large organisation.

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

Sales at the Dhaka Travel Mart, an international tourism fair that concluded yesterday, were higher by around 30 percent this year than

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

China, the largest apparel exporter worldwide, is becoming a major destination for Bangladeshi garment items due to duty benefits

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

Taxpayers will have to explain the sources of their income while making a land purchase, said the National Board of Revenue.

The government aims to increase foreign tourist arrivals by 70 percent to 10 lakh by 2016 by undertaking a series of promotional

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

Exports rose 7.43 percent year-on-year to $2.93 billion in March, a development which has brought a ray of sunshine amid the