The SWIFT bank messaging service said in a statement on Friday that it was working with Bangladesh's central bank "to resolve an internal operational issue at the central bank."
It added that "SWIFT's core messaging services were not impacted by the issue and continued to work as normal."
A SWIFT spokeswoman declined to elaborate on the brief statement, which was issued in the wake of a massive cyber heist at Bangladesh's central bank.
Bangladesh clothing exports to Europe jumped 24 percent in 2015, with the UK being the EU’s second biggest garment export destination for the country after Germany. But the government of the UK has banned imported clothing from Bangladesh due to its concern that there is a lack
of proper security measures at the Bangladesh Airport in Dhaka.
Now the Bangladesh Garment Manufacturers and Exporters Association is calling on its government to take the necessary steps to ensure that the ban on air cargo from Dhaka is lifted, soon. ...
Islami Bank Bangladesh Limited opened service center ‘Seba Ghor’ at South Banosree, Dhaka on March 12, 2016. Engr. Md. Eskander Ali Khan, Chairman, Executive Committee, inaugurated the center as chief guest while Muhammad Abul Bashar, Deputy Managing Director, was present as the special guest.
Presided over by Md. Mosharraf Hossain, Executive Vice President, the program was attended by Md. Kamaluddin Jasim, Senior Vice President, Md. Nasir Uddin, Vice President of Islami
Bank, Shamsul Alam Bhuiyan, formar president of local...
Rumana Rahman, Head of HR of British American Tobacco Bangladesh (BATB) received the ‘Inspiring Women Leader’ award by Bangladesh Brand Forum on a special day ‘International
Women’s Day 2016.
Sanjana Zerin, Territory Officer, Marketing received the ‘Aspiring women leader’ award while Amun Mustafiz, Senior Corporate Finance Manager received honorary ‘Progressing Women Leader’ award.
Bangladesh's dependence on India for cotton is on an upward trajectory as reports suggest the country imports 49 per cent cotton from India to meet its demand for textile industry. Data by Bangladesh Textile Mills Association (BTMA) reveals that Bangladesh imported 6.10 million bale cotton in 2015 with India accounting for 49 per cent or 2.99 million bale.
As per the data, at 2.99 million bale(One bale weighs 480 pounds or 218 kg) the imports grew 36 per cent year on year. In 2014 Bangladesh's imports from its neighbour ro...
About a year ago, seven year-old Afroza Khatun dropped out of school as her mother could not continue supervising her homework.
The interruption in her grade II lessons was soon noticed by a teacher of an information education centre known as ENRICH, a state-funded programme which aims at supporting children who drop out to continue their education from the primary level (up to grade II).
“I could not accept that Afroza, so brilliant in her lessons, had to drop out of school just because her mother could not help prepare her lessons at home,” Mosammet Shirin Akter, a teacher at ENRICH learning centre, told IPS News.
Afroza’s father died when she was still in her mother’s womb. Too poor to support the family, Afroza’s mother, Joshna, had to work as a day labourer. Recently, she ...
