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Compliance is a must in remittance industry

Business, particularly in financial services that grip the management and transfer of money across international borders, requires a careful monitoring control. The regulatory environment has been more stringent due to the rise of cybercrime and little more financial crisis. Banks and other financial industries when started coming through money transfer

Covid-19: Gentle Park starts online sale

When the color of festive mood gets faded due to corona crisis, Gentle Park has brought new design Eid outfits to make this Eid-ul-Fitr little more colorful and started selling the products through online. All the products like showroom are available now in their online store and Facebook platform. Youth trend is

France accuses Apple of refusing help with ‘StopCovid’ app

Paris, Reuters France accused Apple APPL.O on Tuesday of undermining its effort to fight the coronavirus by refusing to help make its iPhones more compatible with a planned “StopCovid” contact-tracing app. Countries are rushing to develop smartphone apps, which are seen as a way to help keep the novel coronavirus epidemic

BB plans to release Tk25,000 crore new notes

Bangladesh Bank plans to release new currency notes of Tk25,000 crore in the market before Eid Ul Fitre. The money will be released around a week before Eid-ul-Fitr, official sources said. “We’ve set a target to release Tk25,000 crore before Eid,” Sirajul Islam, Bangladesh Bank spokesman and executive director, said, reports UNB. He

Grameenfriends launches health and e-commerce platform

Primary health service provider Grameenfriends & Co. Ltd. has recently taken an initiative to ensure home healthcare services and build employment opportunity for rural people. The goal of Grameenfriends through the healthcare and rural e-commerce intervention is to enhance the income generating capacity of rural women by creating opportunities for generating

Single digit lending rate squeezes the scope of mobilizing funds

Implementing single digit interest rate is turning out to be a double edged sword as it is discouraging people from saving, creating temporary deposit crisis in banks and squeezing lending, said the experts concerned with the banking sector. Bangladesh Bank—the regulator of the banks of the country—too said in an analysis

Scotia Consultants relies on its satisfied clients to spread the good word

Canada immigration - the smart way Immigrating to a developed country is something that a lot of people dream about, and many seriously consider, and many even strongly pursue. Despite Bangladesh’s economic growth, that trend hasn’t seemed to have ebbed. On the contrary, people are more eager to migrate to the