Potato export scam: embezzlement of 300 million taka, 10 fraudulent companies exposed

During investigation, Miyaji Food’s exports worth $3.25 million were found to be fake. Speaking at his office in the capital’s Motijheel area on Sunday afternoon, Miyaji Food owner Mamun Miyaji rejected the investigation report and said there was no scope for getting cash assistance without any exports. He further said that he does not export […]

Tragic accident in Malaysia: 3 Bangladeshi migrants killed in warehouse collapse

Three Bangladeshi workers were killed and two seriously injured when an under-construction warehouse collapsed on Tuesday night, police said. UNB quoted Bernama as saying that the incident happened at 9:58 pm in Batu Maung, Bayan Lepas. The injured workers were sent to Penang Hospital for treatment, while four are feared buried under the debris. As […]

Why are money launderers leaving Singapore?

The Monetary Authority of Singapore, the country’s central bank, is working with six major commercial banks in Singapore to develop a digital platform, COSMIC, which stands for “Collaborative Sharing of Money Laundering/Terrorism Financing (ML/TF) Information and Cases”. . Namely, DBS Bank, Overseas-Chinese Banking Corporation (OCBC Bank), United Overseas Bank (UOB), Standard Chartered Bank (SCB), Citibank […]

Bangladesh, Malaysia want to end bilateral FTA

Bangladesh and Malaysia have agreed to explore the possibility of concluding a bilateral Free Trade Agreement (FTA) to add more substance to the ever-growing bilateral trade and economic ties between the two regional countries. The issue was discussed at the third Foreign Office Consultations (FOC) between Bangladesh and Malaysia held at the Ministry of Foreign […]