MasterCard prepaid card launched for RMG workers

 The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Mastercard, have launched co-branded credit cards for the BGMEA members, and prepaid cards for more than 4.5 million readymade garments (RMG) workers.Mutual Trust Bank will issue the MasterCard World credit cards and the prepaid cards by Southeast Bank Limited (SEBL).The prepaid

Pubali Bank signs deal with ICAB

Pubali Bank Limited and the Institute of Chartered Accountants of Bangladesh (ICAB) have signed a Memorandum of Understanding (MoU) recently at bank's head office for Document Verification System (DVS), a press release said Sunday.  Mohammad Ali, MD & CEO (current charge) of Pubali Bank and Md. Shahadat Hossain FCA, president

Huawei launches knowledge-sharing centre in city

Huawei has launched a specialized knowledge-sharing center, named Huawei Bangladesh Academy in Dhaka, a press release said Sunday. This 7,000 square feet facility is equipped with advanced technological equipment for knowledge sharing. Mustafa Jabbar, Minister of the Ministry of Posts, Telecommunications Division inaugurated the center at an event held at

Myanmar must return to democracy for regional peace, says UN chief

United Nations Secretary-General Antonio Guterres has urged the Myanmar military government to immediately return to democracy, saying the current situation in the country was a threat to peace in the region. Myanmar has spiralled into bloody conflict since the military removed Aung San Suu Kyi’s civilian government in February last year,

AL never wasted public money: PM opens construction of Dhaka-Ashulia expressway

Prime Minister Sheikh Hasina on Saturday categorically said Awami League has never wasted the country's, rather it uses every taka in people's interest, for their wellbeing, and considering their brighter future. She said this while inaugurating the construction work of Dhaka-Ashulia Elevated Expressway - aimed to facilitate fast entry and

Poor use of credit guarantee scheme irks BB: Less than 10pc of Tk 2000cr used

Bangladesh Bank's deputy governor Abu Farah Md. Nasser has said despite having a credit guarantee scheme of Tk 2000 crore for cottage, micro, small, and medium enterprises (CMSME), loans of only Tk 192 crore has been disbursed so far under the facility, which he said was "disappointing". He said proper