Bangladesh’s financial sector will have to adopt new technologies and services in the post-Covid-19 period for the lenders to move their operations online and address the recent challenges faced by the industry, speakers said at a webinar yesterday. The coronavirus could be a boon for digital financial services (DFS) and although Bangladesh has already seen…
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Bangladeshi entrepreneurs may be allowed to make equity investment aboard up to 25 per cent of their net annual income from exports, officials said. However, they will have to take prior permission from the government for the purpose, according to the draft ‘Capital Account Transactions (Overseas Equity Investment) Guidelines 2018’, prepared by the Bangladesh Bank.…
Commerce Minister Tipu Munshi has asked Bangladesh embassies of different countries to work to take advantage of post-Covid-19 export trade. “For this, the ambassadors posted in different countries have to play an important role. Saudi Arabia, Kuwait and Uzbekistan are friends of Bangladesh. There are huge demands for Bangladeshi products in the countries. Trade opportunities…
The central bank is going to introduce a facility under which Bangladeshi expatriates will be able to open deposit accounts in any banks in Bangladesh. The deposit scheme will be in the form of savings for a period of one year or above with monthly or quarterly deposit options. Foreign currency will be converted into taka in…
Now employees of state bodies, public organizations, business entities, representatives of the social sphere and the media, as well as compatriots abroad who have made a worthy contribution to the development and popularization of the tourism industry in the Republic of Uzbekistan will be awarded badge for merit and active promotion of tourism. The procedure…