Pubali Bank reappoints additional MD

Safiul Alam Khan Chowdhury has recently been reappointed additional managing director of Pubali Bank for three years.
1 January 2019, 18:00 PM

Banks' capital rises, but artificially

The banking sector's capital base strengthened in the third quarter of the year as state-run Sonali Bank got a shot in the arm from the central bank as it exercised its 'regulatory forbearance' right.
27 December 2018, 18:00 PM

Domestic tourism walloped by polls

The domestic tourism sector has been hit hard by the escalating tension surrounding Sunday's general elections as visitors stay away from popular tourist destinations such as the Chittagong Hill Tracts, Cox's Bazar and Sylhet for fear of getting stranded.
26 December 2018, 18:00 PM

Farmers Bank to take new name amid image crisis

Farmers Bank is set to be renamed Padma Bank as the troubled bank looks to sweep the gross irregularities and loan scams under the carpet and get an image makeover.
23 December 2018, 18:00 PM

Banks shut Dec 28-31

All banks will remain closed on the last four days of the year because of weekend, general holiday for election and bank holiday.
20 December 2018, 18:00 PM

BB steps in to clear backlog of cases

The central bank has agreed to sit with the Law Commission after top bankers called for steps to bail banks out of a huge backlog of court cases related to nonperforming loans.
19 December 2018, 18:00 PM

Bank Asia gets new independent director

Ashraful Haq Chowdhury has recently been elected as independent director of Bank Asia.
18 December 2018, 18:00 PM

Teletalk finally launches 4G

State-owned mobile operator Teletalk finally launched 4G (fourth generation) mobile data services commercially in the capital, some 10 months behind the market's remaining three private wireless carriers.
17 December 2018, 18:00 PM

LARGE LOAN RESTRUCTURING: FAVOUR PROVES FUTILE

On January 29, 2015, the Bangladesh Bank issued a new large loan restructuring policy to stand by big borrowers in trouble.
16 December 2018, 18:00 PM

Purchasing apps, games made convenient

Mobile phone subscribers can now purchase digital services worth up to Tk 600 a month using his/her balance, a development that is expected to give a boost to local app and game developers.
15 December 2018, 18:00 PM

HC bans mobile call rate hike, call drop charge

The High Court issues a ban on hiking the mobile call rate and charge for call drop from subscribers. The court also directs the government to form a committee to determine the call rate.
13 December 2018, 09:47 AM

$500m WB loan for dairy, livestock

The World Bank (WB) on Saturday approved a $500 million loan to help improve livestock and dairy production to meet the growing demand for egg, meat and milk and raise nutritional intakes of the Bangladeshis.
9 December 2018, 18:00 PM

Banglalink brings 014 number series

Banglalink yesterday announced the introduction of its new number series -- 014.
29 November 2018, 18:00 PM

Moto E5 Plus launched

Handset maker Motorola has recently launched “Moto E5 Plus” in the Bangladesh market.
29 November 2018, 18:00 PM

Mobile data usage rises 46pc on 4G

Data usage through mobile phones got momentum after the roll-out of 4G service in February, with the average consumption hitting the landmark of one gigabyte (1GB).
29 November 2018, 18:00 PM

Tax offices to stay open Friday, Saturday

Tax offices will remain open tomorrow and the day after for filing of income tax returns ahead of the December 2 deadline set by the government.
29 November 2018, 09:28 AM

High duty adds to handset prices

People have to spend more to purchase mobile phones in Bangladesh compared to any foreign country because of high import duty, a top official of a leading Chinese handset maker said.
28 November 2018, 18:00 PM

Internet may be cheaper from next month

The government is likely to reduce the value-added tax for the backward linkage of internet service providers to 5 percent with the view to lowering the price of internet for more than 9 crore internet users ahead of the general election.
28 November 2018, 18:00 PM

Development plans should be climate-smart: ADB

Bangladesh should introduce environment-friendly public transport for both short and long distances to significantly reduce heat-trapping emissions and effectively address climate change effects, ADB's country director said yesterday.
28 November 2018, 18:00 PM

WorldRemit to deliver remittance via bKash

WorldRemit, a global digital money transfer service, joined hands with Brac Bank and bKash to offer remittance transfer services in Bangladesh.
27 November 2018, 18:00 PM