Japanese firms want to expand despite pandemic The pandemic is showing no signs of abating but still 41.8 per cent of Japanese companies in Bangladesh during 2020 wanted to expand business in the next two years, according to a survey by Japan External Trade Organization (Jetro). However, 70.3 per cent
Read MoreForex reserve hits record $45.1b The country’s foreign exchange reserves yesterday hit a new record of $45.1 billion thanks to an upward trend of remittance and lower import payments. The reserves, one of the major macroeconomic indicators of an economy, have gone up 36.22 per cent in the last one
Read MoreA Rouf Chowdhury reelected Bank Asia chairman A Rouf Chowdhury has recently been reelected chairman of Bank Asia at the 453rd meeting of its Board of Directors. Chowdhury is the bank’s main sponsor. He is the chairman of Rangs Group and Sea Resources Group and one of the directors of
Read MoreBB forms panel to probe IT debacle The central bank yesterday formed a committee to examine its latest ICT infrastructure’s debacle that had halted the inter-bank cheque transactions and electronic fund transfers (EFT) more than for a week.Interbank electronic cheque transaction and electronic fund transfer (EFT) activities through the Bangladesh
Read MoreCity Bank founder Deen Mohammad passes away Prominent Industrialist and Chairman of Phoenix Group Deen Mohammad passed away at a hospital in Dhaka early yesterday. He was 83.Deen Mohammad, also the founder of City Bank, breathed his last at Anwer Khan Modern Hospital around 1:00am due to old age complications
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