When the majority of banks are struggling to survive from the ongoing financial meltdown brought on by the coronavirus pandemic, Dhaka Bank has introduced a novel banking product that will help clients open their account from home.The lender rolled out the product named "Account from Home" in mid-May to help clients open accounts by way of maintaining social distance, Emranul Huq, managing directo...
Sources said some banks keep their ATM booths closed for eight hours from 11:00pm to 7:00am while some keep it suspended for six hours from 12:00am to avert any fraud.According to official sources, the Bangladesh Bank alerted all commercial banks in a circular on August 27 about a possible threat of hacking in the banking transactions through ATM booth, credit cards and other modes of online banki...
In many cases, a lackadaisical attitude is being observed in the use of masks. Instructions in this regard have also been issued by the cabinet division.In this context, the commerce ministry requested to take necessary measures to ensure the mask use for all officers and employees working in commercial organisations, institutions, affiliated associations, district and upazila chambers or joint ch...
India's rural inflation rate surged faster than urban inflation for the first time in 19 months in January, and economists are optimistic that signals something the country desperately needs - a revival in demand in the rural economy.Around two-thirds of India's population depends on the rural sector with agriculture accounting for near 15 per cent of India's $2.8 trillion economy, and rising infl...
Poignant had himself replaced Lucy Peng, an Alibaba co-founder, who stepped down as CEO after nine months in 2018 although she remains executive chairwoman. Lazada said Poignant will now become special assistant to Alibaba Group Chairman and CEO Daniel Zheng.Alibaba has long had struggles with managing Lazada, a company it owns 90% of after investing $3 billion since 2016, with employees highlight...
Of the companies, 30 will shift to Southeast Asia. This includes: Hoya Corporation, which will produce hard-drive parts in Vietnam and Laos; Sumitomo Rubber Industries, which will manufacture nitrile rubber gloves in Malaysia; and Shin-Etsu Chemical, which will shift its rare-earth magnet production to Vietnam, among others.The rest 57 projects will move to Japan for their operations.Iris Ohyama, ...
Less well-known is that Venice is also choking on its own pollution.Hundreds of diesel-powered vaporetti - commuter boats or water buses - spew out tonnes of carbon as they zigzag through the city's canals. Zipping to and from the Italian mainland, they ferry the 25 million tourists that visit annually, as well as food, hotel laundry and goods.But some in this climate-challenged city believe they ...
Shoppers will notice the supply issues next January unless there is a "massive upgrade" in border facilities, the British Retail Consortium said.The warning came after cabinet minister Michael Gove said that border checks are "inevitable" after the Brexit transition period ends on 31 December.Officials said firms have enough time to prepare for the changes.Food availabilityBorder checks could quic...
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