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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

Govt to set up 6 commissions for key sector reforms

TDS Desk: The interim government has decided to form six commissions to reform the constitution, electoral system, the judiciary, the police, the Anti-Corruption Commision and the public administration. During his

Police are friends of people, not enemy: Rajshahi range DIG

Staff Reporter: Md Alamgir Hossain, DIG of Rajshahi Range said, “No one from outsiders killed police personnel in Enayetpur Police Station. Those, who killed the police personnel on August 4

$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