Digital payments surge in 2024, MFS usage remains uneven: BB
Bangladesh's payment ecosystem saw strong growth and structural transformation throughout 2024, driven by rising digital adoption, major technological upgrades, and strengthened regulatory oversight, according to the latest Bangladesh Bank (BB) Payment Systems report.Covering January-December 2024, the report highlights key trends across retail, large-value, digital, and paper-based transactions, while also noting...
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Bhutanese PM hails Kurigram SEZ as crucial G2G project
Bhutanese Prime Minister Tshering Tobgay on Sunday described the Kurigram Special Economic Zone (SEZ), which is currently being constructed under a Government-to-Government (G2G) partnership, as an important project, reports BSS. "This zone in Bangladesh would connect with Bhutan's forthcoming special administrative region, the 'Gelephu Mindfulness City'," he said while meeting...
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ICC Bangladesh holds workshop for SMEs & women entrepreneurs in Ctg
ICC Bangladesh organised a daylong workshop on 'Capacity building of MSMEs and Women Entrepreneurs for using ICC Rules in International Trade' at a hotel in Chattogram on Saturday.The workshop has been designed for the benefits of MSMEs and women entrepreneurs who are engaged in international trade, particularly in export of...
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Ceramic Expo 2025 set for global showcase
The fourth edition of Ceramic Expo Bangladesh 2025 will begin on Thursday at the International Convention City Bashundhara (ICCB) in the city, bringing together some of the world's leading ceramic manufacturers, technologists and buyers. Organised by the Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA), the four-day exhibition is expected to...
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BB halts direct customer services
Bangladesh Bank (BB) on Sunday officially halted all direct customer services, including the sale of savings certificates and prize bonds, exchange of torn or damaged banknotes and automated challan services, following an earlier announcement, reports UNB.The central bank has directed commercial banks to ensure smooth and uninterrupted services in these...
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Ctg Port suspends fourfold penal rent on dangerous cargo
CHATTOGRAM, Nov 23: Chittagong Port has suspended the four-times penal rent on dangerous and chemical-laden containers for the first time in four years and seven months, citing a significant drop in such cargo within the terminal.The penal rent had been in force since a directive issued on 31 March 2021....
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Labour takes to blaming Brexit for economic woes
LONDON, Nov 23 (AFP): Faced with anaemic growth and strained public finances, Britain's Labour government no longer shies away from pinning the blame on Brexit, as it prepares for a difficult budget likely to include unpopular tax rises.Labour politicians bent over backwards not to mention Brexit as their party swept...
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MoU signed between Trust Bank, Chuti Group
A Memorandum of Understanding (MoU) has been signed between Trust Bank PLC and Chuti Group. Md Mostafa Musharrof, Head of Card Division, Trust Bank PLC, and Md Mostofa Mahmud Arifee, Chairman, Chuti Group, signed the MoU on behalf of their respective organisations. Under the agreement, all TBL debit and credit...
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Community Bank signs MoU with May International Trade Services
Community Bank Bangladesh PLC and May International Trade Services Ltd have signed an MoU at the former's head office recently to implement Global Trade Intelligence Platform. Kimiwa Saddat, Managing Director (Current Charge) of Community Bank Bangladesh, and Syed Aminul Kabir, CEO of May International Trade Services, signed the MoU on...
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