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Server of savings certificates hacked

The Bangladesh Bank has detected that a group of fraudsters apparently hacked the National Savings Scheme Online Management System and withdrew Tk 25 lakh by encashing a savings certificate purchased by a client from the central bank’s Motijheel office.

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BB eases rules for payment

Bangladesh Bank has relaxed regulations for power import payments, allowing authorised dealer banks to make outward remittances for power purchases without seeking prior case-to-case approval from the central bank...

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Int’l tourism fair begins tomorrow

The 13th edition of the Biman Bangladesh Travel and Tourism Fair 2025, the largest event in the country’s tourism industry, will kick off on Thursday with the participation of 12 countries at the Bangladesh-China Friendship International Conference Centre in the capital...

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10-member committee to oversee BASIS

A new 10-member supporting committee has been formed to reactivate the activities of the Bangladesh Association of Software and Information Services...

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Journey Outdoors to invest in BEPZA EZ as 50th co

Journey Outdoors Bangladesh Co Limited, owned by investors from Singapore and China, is going to invest $27.57 million to establish a high-end garment and outdoor products manufacturing industry at the BEPZA Economic Zone at Mirsharai in Chattogram...

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Microsoft holds 27pc of OpenAI in revamped partnership

Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence partnership, giving both companies greater independence while maintaining their close collaboration...

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Exports, consumption boost S Korea growth in Q3

South Korea’s economy grew 1.2 per cent in the third quarter, preliminary data from the central bank showed Tuesday, with consumption boosted by government vouchers and exports remaining strong despite global trade tensions...