Banks asked to disburse remittance in two days Bangladesh Bank has asked banks to disburse remittances among beneficiaries within two days of receiving it from senders abroad. The central bank framed rules in 2014 stipulating that the disbursement must be made within two days to encourage remittance transfers through formal
Read MoreApartment sales slow for rising prices Overall flat sales are going slow due to their high prices owing to the country’s macroeconomic vulnerabilities, a rise in raw material prices as well as an increase in registration costs, according to realtors. According to them, flat prices increased by up to 40
Read MoreEarnings from spice exports rise 25% Bangladesh’s earnings from spice exports increased 25 percent year-on-year in the first three months of fiscal 2023-24 due to demand from expatriates of Bangladesh and other Asian countries. Bangladesh earned $11.25 million in the July-September period of the current fiscal year from spice exports,
Read MoreThird terminal to open new horizon for overseas trade The third terminal at the Hazrat Shahjalal International Airport (HSIA) will open a new horizon in handling and air shipment of goods as the new facility is expected to improve the capacity of the cargo village. Local exporters and importers are
Read MoreDhaka Bank, Agora sign agreement Dhaka Bank Ltd and Agora Ltd, the first retail chain of the country, signed a payroll banking agreement. Under the deal, the retail chain’s employees will enjoy the bank’s preferential banking facilities and other products and services on preferential terms. The deal will also allow
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