GDP growth 8.13%, breaks previous records: Minister

Bangladesh's economy has grown 8.13 per cent this fiscal year, the highest in its history, says Finance Minister AHM Mustafa Kamal while releasing a provisional estimate.
19 March 2019, 09:05 AM

Dial 100 to lodge complaint against mobile operators

Bangladesh Telecommunication Regulatory Commission (BTRC) urges all the telecom users to lodge any complaints regarding the operators' services by calling its short code 100.
18 March 2019, 15:39 PM

BDCOM to launch IPTV on Pohela Boishakh

A private company declares to launch state of the art IPTV (Internet Protocol television) service in the country as the first company from Pohela Boishakh, first day of the first day of Bengali calendar.
18 March 2019, 12:15 PM

Cyber Heist: RCBC files defamation case against Bangladesh Bank

Philippine’s Rizal Commercial Banking Corporation says it filed a defamation suit against the central bank of Bangladesh for “baseless allegation” in connection with the $81-million cyber heist three years ago.
12 March 2019, 07:28 AM

ACC files plea challenging Farmers Bank MD’s bail

The Anti-Corruption Commission (ACC) challenges the February 13 order of a metropolitan magistrate that granted bail to former Farmers Bank Managing Director and CEO, Chowdhury Mustaque Ahmed in a case filed over embezzling Tk 29 crore from the bank.
11 March 2019, 12:11 PM

Prime Bank, JCB launch platinum credit card

A platinum credit card was launched in Bangladesh yesterday through a partnership between Prime Bank and international payment channel Japan Credit Bureau (JCB) Co for the first time.
10 March 2019, 18:00 PM

Banks get six months more to lower ADR

Banks have got another six months to lower their advance-deposit ratio, a move that is expected to tame the current volatility in the money market.
7 March 2019, 18:00 PM

Mobile, Internet Use: Women far behind men

Some 58 percent of adult women in Bangladesh own mobile phones while only 13 percent use the internet, a new study found, exposing the wide gender gap in the digital sphere.
7 March 2019, 18:00 PM

Default loans soar 26pc

Default loans at banks went up by a hefty 26.38 percent or Tk 19,608 crore last year, the highest rise in seven years, exposing the precarious condition of the banking sector.
26 February 2019, 18:00 PM

Robi returns to profit after 2yrs

Robi ended 2018 on a positive note despite incurring huge losses in the last quarter, logging in Tk 214.7 crore in net profits on the
23 February 2019, 18:00 PM

Banks' CSR spending soars despite lower profits

Banks' spending on corporate social responsibility shot up last year, even overshooting the regulatory ceiling -- at a time when they logged in lower profits for higher provisioning needs from the mounting default loans.
21 February 2019, 18:00 PM

Graft Case: Six former bank officials sent to jail

Six former officials of Bangladesh Krishi Bank Limited were sent to jail yesterday in connection with a graft case.
20 February 2019, 18:00 PM

Vietnamese mangoes to be exported to US

After 10 years of negotiations, Vietnamese mangoes have been licensed for export to the US.
19 February 2019, 06:48 AM

Standard Chartered gets new retail head

Sabbir Ahmed has recently been appointed head of retail banking at Standard Chartered Bangladesh.
18 February 2019, 18:00 PM

GP handed out SMP restrictions

Grameenphone was yesterday slapped with four restrictions by the telecom regulator as part of the penalties for becoming a Significant Market Power (SMP).
18 February 2019, 18:00 PM

New banks will only add to woes

The entry of the three new banks will weaken the banking sector further by putting additional pressure on supervision, auditing and deposits, said experts yesterday.
18 February 2019, 18:00 PM

More troubles ahead for taka

Bangladesh taka will come under pressure against the US dollar because of the widening deficit in the balance of payments, said Standard Chartered bank yesterday.
18 February 2019, 18:00 PM

Govt blocks 55 more porn sites

The government blocks 55 more pornographic websites as per its initiatives of internet safety solution programme in the country.
18 February 2019, 07:56 AM

3 new banks get nod amid outcry

The central bank yesterday gave nod to three new banks -- at a time when the sector is saturated and stressed for rising nonperforming loans and declining corporate governance.
17 February 2019, 18:00 PM

Country to enter 5G era through Teletalk

Fifth generation (5G) mobile technology will be rolled out by the state-owned mobile operator Teletalk in the country before any other telecom operators, Telecom Minister Mustafa Jabbar says.
16 February 2019, 15:30 PM