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Remittances jumped 39% in August

Remittances sent by Bangladeshis living abroad soared nearly 39 percent year-on-year to $2.2 billion in August, which is likely to ease pressure on the foreign exchange reserves to some extent. “It obviously comes as a sigh of relief for the…

Falu gets bail in four corruption cases

Former BNP lawmaker Mosaddek Ali Falu today secured bail in four cases including a money laundering case after he surrendered before three separate courts in Dhaka. The courts earlier showed him as a fugitive accused and issued arrest warrants against…

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