Bankers recommended Wednesday providing incentives through banks to the beneficiaries of remittance as a mechanism to attract non-resident Bangladeshis (NRBs) in sending money home through formal channel.
The bankers put forward the suggestion at a meeting at Bangladesh Bank headquarters in the capital that runs counter to a finance ministry proposal in reducing the remittance cost [...]

Bangladesh Bank (BB) has started discussions with commercial banks to find the ways of increasing remittance inflow against the backdrop of its falling trend in recent months.
"According to the government decision, BB today held a meeting with senior officials of top 20 remittance-recipient banks to awake of receding remittance inflows," said BB's chief spokesperson Subhankar [...]

Mahnoor Fairuza Khan
Bangladesh University of Professionals Business and Communications Club (BUP BCC) has recently launched this year's biggest inter university business strategy competition ‘SKS Presents Corporiddlerz 2017’, SKS indicating Sena Kalyan Sangstha. After last year's success, BUP BCC is aiming to give their venture even a bigger and better platform this year, according to a [...]

With the aim of creating social business leaders, each year the Social Business Youth Alliance (SBYA) Global arranges one of the biggest summits of the country named Social Business Youth Summit. The purpose is to brainstorm on and cultivate  the concept of social business in the minds of youths. SBYA Global's hope is to inspire [...]

This year, the ninth session of the Bangladesh Model United Nations (BANMUN) conference, BANMUN 2017, took place at the Udayan Higher Secondary School premises  in Dhaka city from July 01 to July 04 with around 600 high school students and youths from across the country. The theme was 'Sustainable Development Goals and Sexual and Reproductive [...]

IDLC Finance Ltd vows to change the present scenario of country's stock market through offering diversified and innovative products for the investors.
"With an enduring presence in the country's financial market for a long 32 years, we always follow the blue-ocean business strategy, rather than the red-ocean strategy and innovation is part of our DNA," Arif [...]

Ten global firms from Japan, the USA, South Korea, and China along with their consortiums have submitted bids for building an onshore LNG terminal in Bangladesh, as the country switches to this alternative fuel.
Officials said the terminal, with an annual capacity of 7.5 million tonnes, will be built on the basis of equity partnership among [...]

The Asian Development Bank (ADB) Tuesday approved a US$526 million loan to facilitate execution of infrastructure development projects in Bangladesh under the Public-Private Partnership (PPP) initiatives, the Bank said.
The Board of the ADB in its meeting in Manila endorsed the multi-tranche financing facility (MFF) which will also help improve renewable energy in Bangladesh, a statement [...]

State-owned Petrobangla paid its outstanding value added tax (VAT) and supplementary duty (SD) worth over Tk 65.30 billion to the government last month, officials said.
The sum of VAT and SD remained outstanding during the period between April 2015 and June 2016 which was paid in June last, they said.
By official count, the state-run corporation owed [...]

The central bank is set to ask commercial banks for encouraging non-resident Bangladeshis (NRBs) to use banking channel for remittance at cut-down costs, officials said.
A meeting of the Bangladesh Bank (BB) top brass with senior officials of top 20 remittance-recipient banks will be held today (Wednesday) in this connection in the wake of receding remittance [...]