Business Desk: Dhaka, Apr-01, BRAC Bank has been recognised by Dhaka WASA for the highest online bill collection. According to BRAC Bank, it has secured the first position in terms of Dhaka WASA’s bill collection through payment gateway using Visa and Mastercard. The certificate of appreciation for the period of FY 2021-2022 was handed over […]
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Business Desk: Dhaka, Apr-01, Bangladesh could soon start trading with India using rupee instead of US dollar, trial for which has been done by Bangladesh Bank recently. The ministry of commerce has placed a written recommendation at the last cabinet meeting regarding the possibility and opportunity of using rupee instead of dollar. Currently Bangladesh exports […]
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Business Desk: Dhaka, Apr-01, India and Malaysia can now use the Indian rupee to settle trade in addition to other currencies, the Ministry of External Affairs (MEA) said on Saturday. The move follows the decision by the Reserve Bank of India in July last year to allow settlement of international trade in Indian currency. “Trade […]
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Business Desk: Dhaka, Apr-01, The International Monetary Fund has approved a $15.6 billion support package for Ukraine to assist with the conflict-hit country’s economic recovery, the fund said in a statement Friday. Russia’s invasion has devastated Ukraine’s economy, causing activity to contract by around 30 percent last year, destroying much of its capital stock and […]
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Business Desk: Dhaka, Apr-01, The US inflationary picture has worsened since the start of the year, which could prolong the Federal Reserve’s ongoing fight against rising prices, a top Fed official warned Friday. The central bank “may have more work to do,” in its inflation fight if the data “show continued strength in the economy […]
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