18h ago| E-commerce

“Missing server password holding up payments to Evaly customers, merchants”

A missing server password is holding up any and all meaningful methods of paying back Evaly customers and merchants – and there is seemingly no way to retrieve this password.

1d ago| Economy

Remittance to rise this fiscal year: BB

Remittance inflow may rebound significantly in Bangladesh in 2022-23 fiscal year as increased number of people flew abroad for jobs, Bangladesh Bank Governor Fazle Kabir said yesterday. 

1d ago| Economy

FY23 budget’s journey begins amid a tempest

The timing could not be worse for the fiscal year to start with. 

1d ago| Economy

NID sufficient for securing digital business ID

People can no longer operate e-commerce businesses in the country without having a digital business identification (DBID) number, which can be availed even without a trade license given that the entity has an official website or social media page, according to new guidelines in this regard.

1d ago| E-commerce

Give loans against digital business ID

E-commerce entrepreneurs yesterday urged the government to provide them with bank loans by taking into account their digital business identification (DBID) in place of trade licences.

1d ago| Economy

BB to discourage luxury imports

Bangladesh Bank yesterday said it has decided to raise the ratio of payments businesses must make to banks while opening letters of credit (LCs) for luxury goods, foreign fruits and non-essential items such as non-cereal food, canned and processed products. 

July 1, 2022
July 1, 2022

“Missing server password holding up payments to Evaly customers, merchants”

A missing server password is holding up any and all meaningful methods of paying back Evaly customers and merchants – and there is seemingly no way to retrieve this password.

July 1, 2022
July 1, 2022

Remittance to rise this fiscal year: BB

Remittance inflow may rebound significantly in Bangladesh in 2022-23 fiscal year as increased number of people flew abroad for jobs, Bangladesh Bank Governor Fazle Kabir said yesterday. 

July 1, 2022
July 1, 2022

FY23 budget’s journey begins amid a tempest

The timing could not be worse for the fiscal year to start with. 

July 1, 2022
July 1, 2022

Trade deficit projected at $33b in FY22

Bangladesh’s trade deficit is projected to be $33 billion in the just-concluded fiscal year as export earnings and remittances continue to fall below the overall import cost, said Bangladesh Bank in its monetary policy for the next fiscal year.

July 1, 2022
July 1, 2022

Is the next generation ready to take the baton?

I had just come out of a meeting with my friend who is a prominent banker and this very interesting conversation ensued when I told him that I am keen to help family businesses in Bangladesh with my knowledge and experience.

July 1, 2022
July 1, 2022

Export growth to slow in FY23: BB

Bangladesh’s export growth may witness a slowdown in the next fiscal year, said the central bank in its monetary policy unveiled yesterday. 

July 1, 2022
July 1, 2022

Maintaining stability key challenge: BB

Keeping import payments manageable while maintaining stability in the foreign exchange markets will be a critical challenge for the economy, apart from keeping inflation at a tolerable level, said Bangladesh Bank yesterday.

July 1, 2022
July 1, 2022

Tk 678,064cr budget passed

A national budget of Tk 6,78,064 crore for fiscal year 2022-23 was passed in parliament yesterday. 

July 1, 2022
July 1, 2022

Inflation, flood dim cattle sales prospects

Bangladesh has enough cattle to meet the demand during the coming Eid-ul-Azha but buyers are likely to face higher prices for sacrificial animals.

July 1, 2022
July 1, 2022

Give loans against digital business ID

E-commerce entrepreneurs yesterday urged the government to provide them with bank loans by taking into account their digital business identification (DBID) in place of trade licences.