Banks fast embracing cash recycling machines Banks are aggressively installing cash recycling machines (CRMs) to provide faster deposit and cash withdrawal services to clients, a move that is helping customers cut reliance on branches and giving them more freedom to carry out banking. The CRMs are set to make cash
Read MoreLack of info, support barrier to more Japanese investment Japanese companies doing business in Bangladesh are facing challenges during the coronavirus pandemic, including a lack of information and support from authorities, which may dent the flow of investment, according to investors and a recent survey. Besides, a culture of procedural
Read MoreRemittance grows by 18.4pc in 2020 The inflow of remittance into Bangladesh grew by 18.4 per cent to US$21.7 billion in 2020, defying the gloomy projections and inspite of the ongoing Covid-19 pandemic globally. This growth in inward remittances from Bangladeshis working abroad in the last calendar year was much
Read MoreADP gets 14pc bigger It may take four to 12 years to complete 1,426 ongoing development projects because of slow implementation and meagre allocation, highlighting the need for the government to prioritise works and accelerate execution to avoid cost and time overruns. The grim scenario was painted in a presentation
Read MoreMega projects to get Tk 47,283cr from new ADP The government will allocate Tk 47,283 crore to 12 mega projects, including those on the fast-track list, from the development budget for the upcoming fiscal year. The outlay will account for a fifth of the total annual development programme (ADP) for
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