Mobile financial service (MFS) providers recorded Tk 1.25 lakh crore-worth transactions in April, the highest ever so far, buoyed by an increase in spending, payments and money transfers ahead of the Eid-ul-Fitr festival. The transactions in...
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Bangladesh Bank has relaxed rules to provide support to foreign investors. As per the new measure, foreign investors who are remitting money from abroad will get the scope to retain forex in their foreign currency accounts at local banks for up...
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A new export opportunity has opened up for Bangladesh as high-end apparel items made from local fabrics such as jamdani bring higher prices and offer an increased level of value-addition. Currently, the shipment of garment items made from jamdani...
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First Securities Services Ltd, one of the leading merchant banks in Bangladesh, has recently renamed itself as NRB Equity Management Ltd as part of rebranding. Half a dozen of non-resident Bangladeshis, some businessmen and seasoned...
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