‘BB, stumbling block to recovery of stolen funds’
The $81-million cyber heist will not come to a significant conclusion unless Bangladesh Bank resumes its internal investigation, says a Filipino newspaper.
The February 2016 incident of online theft of the BB money deposited with the New York Federal Reserve, rocked Bangladesh and the Philippines banking system.
The Standard reported on Wednesday that recent developments suggested an inferior internal system led to a breakdown in the security of the funds held and managed by the Bangladesh Bank.
“The central bank of Bangladesh, in a way, is the biggest stumbling block to the recovery of the 
Good days for golden fibre
Jute production has increased and so has new investment in the sector. However, the potential of the product in the international market has not been exploited to the full. If the bottlenecks in this sector can be removed, it would be possible to increase export of jute and jute products to the international market.
Stakeholders highlighted various aspects of the jute sector at a roundtable on "Jute Production and Expanding the Market for Jute Goods: Problems and Potential" on Tuesday. It was organised by Prothom Alo with support from CARE and SWITCH Asia Jute Value Chain Development Project, at the Prothom Alo office in Dhaka's Kawran Bazar.
State minister for textiles and jute Mirza Azam said, the present government has taken several
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Kashem Humayun joins Agrani Bank
Renowned Journalist Kashem Humayun join Agrani Bank Limited as Director on Thursday September 8, 2016. The same day he participated its Board of Directors meeting. The newly appointed Director of Agrani Bank Limited Kashem Humayun was given warm reception with flower bouquets by the Board of Directors.
Chairman of the Board of Directors Dr. Zaid Bakht, Director Mr. Gokul Chand Das, Dr. Nitai 
Chandra Nag, Mr. Md. Ashiqul Hoque Chawdhury, Shamim Ahsan, Managing Director & CEO Mohammed Shams-Ul Islam, Dep...
Chandra Nag, Mr. Md. Ashiqul Hoque Chawdhury, Shamim Ahsan, Managing Director & CEO Mohammed Shams-Ul Islam, Dep...
Bangladesh free of graft, terror funding risk: BB
Bangladesh has emerged as a country free of risk of money laundering and terror financing, downing fears that the country might re-enter the list for “slack implementation of laws”.
In current rating, Bangladesh avoided the International Cooperation Review Group (ICRG) and was declared a risk free nation, Bangladesh Bank said in a statement today.
Fears were on after Asia/Pacific Group on Money Laundering (APG), the global body that ranks countries, acknowledged Bangladesh of having “slack imp...
Fears were on after Asia/Pacific Group on Money Laundering (APG), the global body that ranks countries, acknowledged Bangladesh of having “slack imp...
Kuwait once again bans BD workers
Kuwait has reintroduced a ban on recruitment of workers from Bangladesh after months from reopening it under certain controls.
The interior ministry took the decision on Monday, reports the Kuwait Times.
Undersecretary Assistant for Citizenship and Passports Affairs Sheikh Mazen Al-Jarrah made the decision Monday after viewing statistics which showed that the number of the Bangladeshi community in Kuwait reached 200,000 as of the end of last week, Al-Anbaa daily reported Tuesday quoting ...
The interior ministry took the decision on Monday, reports the Kuwait Times.
Undersecretary Assistant for Citizenship and Passports Affairs Sheikh Mazen Al-Jarrah made the decision Monday after viewing statistics which showed that the number of the Bangladeshi community in Kuwait reached 200,000 as of the end of last week, Al-Anbaa daily reported Tuesday quoting ...
Exports bounce back in August
Bangladesh exports earned $3.3 billion in August, a 20 percent increase from a year earlier, driven by a surge in shipments, government data showed on Tuesday.
Exports had fallen 3.5 percent to $2.5 billion in July due to the Eid al-Fitr holiday, which marks 
the end of the holy fasting month of Ramadan.
For July-August, the first two months of the 2016-17 financial year, e...
the end of the holy fasting month of Ramadan.
For July-August, the first two months of the 2016-17 financial year, e...
