Business-Economy

Liberian ship stranded at Ctg port for 3 months as importer declines to receive damaged goods

TDS Desk: A Liberian-flagged vessel, MV Mana, carrying 50,071 tonnes of soybeans from Brazil’s Santarem Port, has been stranded at Chattogram port since 8 June due to a dispute over

BB forms taskforce to reform banking sector

TDS Desk: The Bangladesh Bank has formed a taskforce consisting of six members – lead by Chief Advisor’s Special Envoy Dr Lutfey Siddiqi – to reform the banking sector. The

$584m remittance inflow posted in a week

TDS Desk: Wage earners’ remittance inflow – the key source of foreign currency for Bangladesh – reached $584.54 million during the first week of September this year, with Islami bank

WB, ADB to provide $175cr in BD banking reforms

TDS Desk: World Bank (WB) and Asian Development Bank (ADB) will finance Bangladesh’s banking reforms. For this, the two institutions will pay $1.75 billion or $175 crore. Of this, ADB

China targets new money-laundering risks, including cryptocurrency

TDS Desk: China’s lawmakers will seek to “monitor and analyse new money-laundering risks”, with a particular focus on emerging technologies such as cryptocurrency, as they review a draft amendment this

Tarek Reaz Khan new MD of NRB Bank

TDS Desk: Tarek Reaz Khan has recently joined NRB Bank PLC as managing director for a 3-year tenure. Prior to joining NRB Bank PLC, he served as the MD &