Opening letters of credit (LCs) for imports fell by around $14 billion, or 23.45% year-on-year in the first eight months of the current FY23 due to the central bank's restrictions as well as a decrease in export orders. Bangladesh Bank data showed that LCs worth $45.52 billion were opened during the
Author: Times Report
Govt out to create hostile situation in country: BNP
BNP Secretary General Mirza Fakhrul Islam Alamgir on Sunday accused the government of trying to create a confrontational situation in the country in a planned way by attacking the peaceful programmes of the opposition. "We're clearly observing that this government is taking the country towards conflict in a planned way. They
Quader asks authorities to make Eid journey smooth
Road Transport and Bridges Minister Obaidul Quader Sunday asked all concerned, including public and private agencies, to work sincerely to make the people's Eid journey smooth. "You should perform your responsibilities properly so that people can reach their homes safely. This is my earnest request to you," he said while speaking
579 killed in bike accidents in 3 months: SCRF
Around 1,484 people were killed and 2,485 others injured in 1,302 road crashes across the country in last three till March 31 this year. It means, 16 (16.48) people died on average per day during the period. During the period the number of accidents involving motorcycles was the highest. Some 579 people died
Sagar-Runi Murder case submission of probe report deferred for 97th time
Emirates offers daily flights to Toronto from 20 April
Following the breakthrough expanded air transport agreement between the United Arab Emirates and Canada, Emirates is stepping up its frequency with two additional flights per week between Dubai and Toronto. From 20 April, daily flights will operate on the busy route to serve huge demand for passenger services. The Dubai-Toronto route
Rocket app to provide receipt for MetLife customers
Dutch Bangla Bank Limited (DBBL) and MetLife Bangladesh continue to enhance payment convenience for customers with the signing of an agreement through which MetLife customers can receive instant e-receipt for all premium-related payments. The agreement signing ceremony was recently held where Ala Uddin, deputy managing director and CFO of MetLife
BRAC Bank launches its commercial remittance app ‘FXPAY’
BRAC Bank became the first bank in the country to launch FXPAY, an end-to-end commercial remittance application. It was launched on March 23, 2023. The system is designed to provide accessible, fast, and secure remittance services to institutional customers, focusing on customer convenience and business growth. Selim R. F. Hussain,
Aarong opens its 28th outlet in Tangail
Aarong, the country's largest lifestyle retail chain, opened its 28th outlet in Tangail on Saturday, 8 April 2023, reads a press release. This newly designed 14,098-square-feet space offers a three-storey shoppingexperience for Aarong customers. It features women's, men's, and children's apparel, home décor, footwear, jewellery, and other product lines.At this
Accept demands to avoid chaos before polls: BNP
BNP Secretary General Mirza Fakhrul Islam Alamgir on Saturday said the government will have to accept the demands of the opposition parties if it wants to avoid violence and conflict ahead of the next general election. Speaking at a press briefing at the BNP Chairperson's Gulshan office after a meeting with