Symphony to start local assembly of handsets next month

All is set for Symphony to start assembling mobile handsets in Bangladesh as the leading vendor has already set up the plant in Ashulia.
12 August 2018, 18:00 PM

Halal exports hold great potential

Bangladesh has the potential to be a major player in the global halal market if given the right support and market development initiatives, said Abul Kasem Khan, president of the Dhaka Chamber of Commerce and Industry.
9 August 2018, 18:00 PM

Audit looms over Banglalink, Airtel

With audits into Grameenphone and Robi's books already complete, Bangladesh Telecommunication Regulatory Commission (BTRC) is on way to appointing firms to get the same done for Banglalink and Airtel.
9 August 2018, 18:00 PM

Increase bank branches to reach out to poor: Muhith

Banks should increase their number of branches to give a boost to financial inclusion, said Finance Minister AMA Muhith yesterday.
9 August 2018, 18:00 PM

Export target: $39b

The government yesterday set $39 billion as the merchandise export target for the current fiscal year, which is 6.36 percent higher than the immediate past fiscal year's achievement of $36.66 billion.
8 August 2018, 18:00 PM

Tk 11,530cr discrepancies detected after GP audit

Grameenphone's alleged financial discrepancies have ballooned almost three times to Tk 11,530.15 crore after the telecom regulator ran another audit of the operator's books.
8 August 2018, 18:00 PM

No rate cut on savings tools this year

The interest rate on savings instruments will remain unchanged for the time being, in a development that can be termed an about turn for Finance Minister AMA Muhith, who only a couple of days ago indicated it would be lowered.
7 August 2018, 18:00 PM

Robi asked to pay Tk 867cr

Robi has been asked to pay Tk 867.24 crore to the telecom regulator and the revenue collector as missed or under payments over a 19-year period, detected after a thorough audit.
7 August 2018, 18:00 PM

RESERVE HEIST: BB to file lawsuit in NY court by January

The central bank is going to file a damage claim with a New York court by January next year to recover its reserve money stolen through one of the biggest cyber crimes in the world in February 2016.
6 August 2018, 18:00 PM

MTB Unit Fund declares 13.25pc cash dividend

MTB Unit Fund's trustee committee has declared a cash dividend of 13.25 percent per unit for fiscal 2017-18, says a press release.
6 August 2018, 18:00 PM

HSBC gets new head of retail banking

Ahmed Saiful Islam has been appointed as the head of retail banking at HSBC in Bangladesh with effect from August 2.
6 August 2018, 18:00 PM

City Bank launches online supply finance chain

City Bank yesterday launched a digital “Supply Chain Finance and Distributor Finance Facility” through which suppliers will get paid whenever invoices are approved while buyers will enjoy increased liquidity and improved working capital.
5 August 2018, 18:00 PM

City Bank's consolidated half-yearly earnings decrease

City Bank's consolidated earnings per share for January-June 2018 declined to Tk 1.51 against Tk 2.18 for the same period a year ago.
2 August 2018, 18:00 PM

40pc bankers dislike working in internal audit: BIBM survey

Around 40 percent of the bankers do not want to work in the internal audit departments due to the huge work pressure, a survey found.
2 August 2018, 18:00 PM

Banking stocks rebound

Shares of banks on the Dhaka Stock Exchange rose strongly yesterday, putting a halt to their frequent fall this year.
1 August 2018, 18:00 PM

Uniform call rate across networks

The government has fixed Tk 0.50 as the minimum rate that mobile operators can charge per minute for calls to any network, creating a level playing field for carriers ahead of the launch of the mobile number portability service.
1 August 2018, 18:00 PM

Bangladesh remains the second biggest apparel exporter

Bangladesh held on to its status as the second biggest apparel supplier in the world in 2017, accounting for 6.5 percent share of the market, according to data from the World Trade Organisation (WTO).
1 August 2018, 18:00 PM

Brac Bank's profit rises 13pc

Brac Bank's consolidated profit after tax rose 13 percent year-on-year to Tk 272.8 crore in the first half of 2018.
1 August 2018, 18:00 PM

Rupali Insurance re-elects chairman

Mostafa Golam Quddus has recently been re-elected chairman of Rupali Insurance Company Ltd.
30 July 2018, 18:00 PM

Huawei's nova 3i hits market

Chinese handset-maker Huawei launched its popular smartphone—Huawei nova 3i—at an event at the Pan Pacific Sonargaon in the capital yesterday.
30 July 2018, 18:00 PM