BTCL offers unlimited landline calls for Tk 150

Landline provider Bangladesh Telecommunications Company Limited (BTCL) has offered unlimited calls within its network for only Tk 150 per month as the struggling state-run company fights for a turnaround.
7 August 2019, 18:00 PM

Don’t deposit funds with weak banks

The energy ministry has asked Bangladesh Petroleum Corporation (BPC) and Petrobangla not to deposit their funds with weak financial institutions in the hope of getting higher returns in the form of interest.
7 August 2019, 18:00 PM

BTCL offers monthly package of Tk 150 for land phone calls

The Bangladesh Telecommunications Company Limited (BTCL) has offered a package of Tk 150 per month for calls within its network.
7 August 2019, 14:50 PM

Banks to serve till Aug 11 near cattle markets

Bangladesh Bank issues a circular asking banks to keep their branched near cattle markets open till August 11.
7 August 2019, 11:34 AM

One Bank re-elects chairman

Sayeed H Chowdhury has recently been re-elected chairman of One Bank for a one-year term from August 1.
6 August 2019, 18:00 PM

Idea and innovation key to success

Generating ideas and having a keen mind for innovation are key for a fledgling entrepreneur to attain success, said Md Arfan Ali, president and managing director of Bank Asia.
6 August 2019, 18:00 PM

BTRC to go tough against GP, Robi

The telecom regulator is set to issue two separate show cause notices to Grameenphone and Robi asking them to reply within 30 days why their licences will not be cancelled despite violating the licensing conditions by not paying the telecom regulator’s ‘dues’.
6 August 2019, 18:00 PM

Banglalink’s revenue up 5.4pc in Q2

Banglalink’s revenue grew 5.4 percent year-on-year to Tk 1,153.68 crore in the second quarter of the year as the operator bought a huge amount of spectrum to improve service quality.
1 August 2019, 18:00 PM

Kamal goes tough on BASIC Bank

Finance Minister AHM Mustafa Kamal is finally cracking the whip on the wayward BASIC Bank, instructing shuttering of all branches that are in the red for three years in a row along with a host of other strict actions.
1 August 2019, 18:00 PM

Majority don’t pay income tax: NBR

About four crore people in the country have capacity to pay tax but majority of them do not pay tax on their income, National Board of Revenue (NBR) chairman says.
31 July 2019, 07:39 AM

Mastercard offers Eid discounts

Mastercard recently launched a new campaign marking Eid-ul-Azha offering cardholders discounts at electronics and 30 lifestyle merchants.
27 July 2019, 18:00 PM

Foreign satellites face tough times

The telecom regulator has drafted a guideline on landing rights for broadcasting satellite services as the government looks to monetise the country’s lone satellite Bangabandhu-1.
27 July 2019, 18:00 PM

Private credit growth target may be 15pc

The central bank may set a 1.5 percentage points lower private sector credit growth target for the second half of the year amid the shrinking demand for credit.
27 July 2019, 18:00 PM

GP will go to court for arbitration

Grameenphone yesterday said it would go to courts to bring the Bangladesh Telecommunication Regulatory Commission to table for an arbitration in order to settle the regulator’s claim of Tk 12,580 crore dues.
25 July 2019, 18:00 PM

ADB lifts growth estimate to 8.1pc

The Asian Development Bank (ADB) has upgraded Bangladesh’s growth estimate for fiscal 2018-19 to what would be the highest in the Asia Pacific region, in what can be viewed as a thumping endorsement for the economy’s tremendous momentum.
25 July 2019, 18:00 PM

Biman welcomes 3rd Dreamliner ‘Gangchil’

Biman Bangladesh Airlines is going to get the third factory fresh Boeing 787-8 Dreamliner to its fleet.
25 July 2019, 06:03 AM

Reschedule of loans: HC questions legality of BB circular

The High Court questions the legality of a Bangladesh Bank circular allowing defaulters to reschedule their loan with a repayment period of up to ten years.
23 July 2019, 09:42 AM

UK parliamentary panel questions StanChart’s remuneration policy

The head of the British parliament’s Work and Pensions Committee has written to the chair of Standard Chartered Plc’s remuneration committee questioning the bank’s executive pension pay levels after more than a third of shareholders voted against its directors’ remuneration policy.
22 July 2019, 18:00 PM

Form cells to monitor large default loans

The central bank yesterday asked banks to form a special monitoring cell to keep an eye on defaulters with loans of more than Tk 100 crore.
22 July 2019, 18:00 PM

Licences of 48 ISPs scrapped for dues

The telecom regulator yesterday scrapped licences of 48 internet service providers after they failed to pay renewal fees in time.
22 July 2019, 18:00 PM