'Musk aide got payment system access by mistake'
'Musk aide got payment system access by mistake'

An Elon Musk aide, who gained access to the Treasury Departments highly sensitive payments system with the option of modifying data received the access by mistake, a department official said Tuesday. The admission came in a sworn statement to a federal judge amid heated criticism that the...

Hundreds of garment factories yet to pay December wages
Hundreds of garment factories yet to pay December wages

Despite February already underway, many garment factories in the country have yet to pay workers their December salaries. Industrial Police data submitted to the Ministry of Home Affairs shows that 104 factories remain in arrears, including 18 in Ashulia, 55 in Gazipur, 12 in Chattogram, 14 in...

Electricity sector faces pressure due to arrears payments
Electricity sector faces pressure due to arrears payments

The countrys power sector has been struggling to clear arrears for the past three years. Due to financial limitations, the Bangladesh Power Development Board (BPDB) has been unable to settle its outstanding bills. The government has also struggled to pay foreign companies due to a shortage of...

X partners with Visa to roll out payment service this year
X partners with Visa to roll out payment service this year

X, the platform formerly known as Twitter, is partnering with Visa to introduce a real-time payment system on the platform. This marks a step forward in Elon Musks long-term goal to develop an everything app. Visa will be the first partner for Xs upcoming X Money Account service, set to launch...

Indonesia fines Google $12.4 million for unfair business practices
Indonesia fines Google $12.4 million for unfair business practices

Indonesias antitrust agency has fined Google approximately 202 billion rupiah ($12.4 million) for unfair business practices related to its payment system on the Google Play Store. The fine comes after an investigation that found the company had abused its dominant market position by requiring...

BB extends import bill payment period to 360 days
BB extends import bill payment period to 360 days

Bangladesh Bank (BB) has extended the payment period for imported raw materials and agricultural inputs from 180 days to 360 days. The central bank issued a circular on Monday to conserve dollars and maintain the supply chain. The circular said that the delayed payment limit for imports of...