Financial

Anonymous loans put Union Bank at risk

BB report Anonymous loans put Union Bank at risk

There might be a big danger in the banking sector anytime soon, experts warn

(Clockwise) Mustafa K Mujeri, Md Abul Bashar, Sutapa Chowdhury, Lila Rashid, Sanjida Akter and Fahmida Khatun

CRD-Prothom Alo roundtable Women’s participation in financial transaction must increase: Speakers

Speakers at a roundtable said women lag behind in receiving service related to depositing money through bank accounts, mobile banking and agent banking as well as loan, expenditure and transaction. ...

Improving cooking stoves was an IDCOL and World Bank joint programme. This brought about changes to the quality of women's lives

IDCOL at 25: An exemplary success

Today marks IDCOL's silver jubilee. After much ups and down, the institution continues along its journey of success

People shout slogans during an ongoing anti-government demonstration near the president's office in Colombo on 17 April, 2022, demanding President Gotabaya Rajapaksa’s resignation over the country's crippling economic crisis.

Sri Lanka fuel prices up ahead of IMF talks

A key fuel retailer in Sri Lanka raised prices by up to 35 per cent on Monday as the cash-strapped government was set to open crucial bailout talks with the IMF

A person holds a placard demanding Sri Lanka's President Gotabaya Rajapaksa to resign after his government lost its majority in the parliament, amid the country's economic crisis, during a protest near to a road leading to the parliament building in Colombo, Sri Lanka, 5 April, 2022.

Sri Lanka declares five-day share trading halt over crisis

The Colombo Stock Exchange on Saturday announced a five-day trading halt after crisis-hit Sri Lanka hiked interest rates and declared a default on its external debt during the traditional New Year ...

World Bank

Strengthening fiscal, financial sector policies World Bank approves $250m for Bangladesh

The World Bank on Thursday approved a US$250 million financing to help Bangladesh for strengthening policies to sustain growth following the COVID-19 pandemic and enhance resilience to future shocks

S president Joe Biden speaks during a press conference on the eve of his first year in office, from the East Room of the White House in Washington, DC on 19 January, 2022

Biden orders work to begin on future digital dollar

President Joe Biden on Wednesday ordered government agencies to begin work on creating a digital US dollar, weighing the risks and benefits of a move that could be a game changer for the global ...

Bangladesh's position in CSOSI

Bangladesh civil society organisations’ strength declines for 5 straight years

The CSOSI measures civil society sectors’ strength and overall viability based on seven dimensions

Logo of mobile phone operator Robi.

Robi partners with Green Delta to provide health insurance package

Green Delta Insurance Company and Robi recently signed an agreement to make the health insurance package “Hospicash” available across the country through the telecom operator’s digital distribution ...

Standard Chartered.

Standard Chartered Bangladesh launches Digital Trade Counter

Standard Chartered Bangladesh on Wednesday launched the country’s first Digital Trade Counter

Tk 210b plundered from 2006 to 2021

E-commerce, MLM, cooperatives Tk 210b plundered from 2006 to 2021

A total of 280 e-commerce firms, MLM companies and cooperative societies have plundered Tk 210 billion in the last 15 years. Lavish profit and discounts were offered to customers in all the cases

Bangladesh Bank headquarters

Bangladesh Bank to mop up excess money from banks

Bangladesh Bank has decided to withdraw excess money from the banks as excess liquidity is creating problems in the financial sector

New mobile financial service ‘tap’ launched

New mobile financial service ‘tap’ launched

Trust Bank and Axiata on Wednesday launched new mobile financial and payment service Trust Axiata Pay, styled as ‘tap’ in a bid to expand mobile based transactions

Bangladesh Bank headquarters

CEOs of financial institutions need permission for travelling aboard: BB

From now on, chief executive officer (CEO) of any financial institution has to take permission of the Bangladesh Bank before leaving the country

Activists from climate action group Ocean Rebellion set a boat on fire during a demonstration at Marazion Beach, Cornwall, Britain, ahead of the G7 summit.

G7 steps towards making companies disclose climate risks

The idea would make it mandatory for all major companies to come clean on their carbon dioxide emissions

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