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    BB asks bKash to closely monitor agents to check money laundering

    AKM Zamir Uddin | Updated at 10:18pm on November 29, 2016

    Bangladesh Bank has asked mobile banking operator bKash, a subsidiary company of the BRAC Bank, to closely monitor its agents to check money laundering and terrorist financing...

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    RCBC declines to pay BB damages for $81m stolen fund

    Business Desk | Updated at 10:16pm on November 29, 2016

    Philippines’ bank RCBC, which is linked to the Bangladesh Bank reserve theft, has declined to pay any compensation to the BB as Philippine president Rodrigo Duterte cancelled a meeting with a visiting Bangladesh delegation, reporters Reuters...

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    Minimum wage for pharma workers proposed at Tk 8,050

    Staff Correspondent | Updated at 09:45pm on November 29, 2016

    The Minimum Wage Board has proposed increasing the minimum wage for pharmaceutical sector workers to Tk 8,050 as gross monthly pay from the exiting Tk 3,625...

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    Samsung Electronics considers splitting firm in two

    BBC | Updated at 09:15am on November 29, 2016

    Samsung Electronics has confirmed it is considering dividing the company into two separate firms...

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    Stocks return to positive zone with turnover rising

    Staff Correspondent | Updated at 11:13pm on November 28, 2016

    Dhaka stocks returned to positive on Monday despite volatility within the positive trajectory amid investors’ additional attention on textile and engineering sectors...

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    Summit Power skips merger obligations, breaches rules, BSEC finds

    HM Murtuza | Updated at 11:10pm on November 28, 2016

    The Bangladesh Securities and Exchange Commission has found that Summit Power Limited breached a number of securities rules including not fulfilling some obligations before its merger with three of its associate companies in August this year...

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    B’desh yet to ensure worker rights in RMG sector: Bernicat

    Staff Correspondent | Updated at 11:05pm on November 28, 2016

    US ambassador Marcia Stephens Bloom Bernicat on Monday said that the government of Bangladesh was yet to ensure workers’ rights in the readymade garment sector including rights to organise, bargain collectively and raise safety concerns...

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    Uncertainty looms over MNP service auction

    Ahmed Shawki | Updated at 11:01pm on November 28, 2016

    Doubts have surfaced whether the auction of mobile number portability service licence would be held as more than one out of the five short-listed firms failed to get security clearance, said officials...

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    Govt staff must include tax payment info in salary bills for 6 months

    Jasim Uddin | Updated at 10:53pm on November 28, 2016

    Tax defaulting government officials will face trouble in getting salary from January, officials of the National Board of Revenue said...

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    Banks still reluctant to appoint female staff

    AKM Zamir Uddin | Updated at 10:44pm on November 28, 2016

    Percentage of female staff in the country’s banking sector inched up in last year but the rate is still very low as most of the banks are reluctant to recruit them, said officials of Bangladesh Bank...