Rice prices finally declining

Rice prices have finally started dropping off in the face of ample supply brought about by huge imports and arrivals of the fresh staple from the Boro harvests, said farmers and traders.
30 April 2018, 18:00 PM

Large-cap shares drag Dhaka stocks down

ACI led the fall in the Dhaka Stock Exchange yesterday as the conglomerate's first quarter earnings plunged by more than 70 percent year-on-year.
30 April 2018, 18:00 PM

Power, infrastructure to get priority in upcoming budget: Muhith

Finance Minister AMA Muhith yesterday said education, health, power, energy, and infrastructure would get priority in the upcoming budget.
30 April 2018, 18:00 PM

Private credit growth cools down in March

Private sector credit growth finally hit the brakes in March on the back of the central bank's efforts to curb aggressive lending by banks.
30 April 2018, 18:00 PM

Tourists splurge amid holidays

A weeklong vacation has brought life to the country's tourism industry in a period which is generally considered a dull season for hotel businesses and domestic airlines.
29 April 2018, 18:00 PM

Ibn Sina washes its hands of Islami Bank

Ibn Sina Trust, one of the sponsor shareholders of Islami Bank Bangladesh, is set to sell off its entire 2.24 percent stake in the bank within the next 30 days.
29 April 2018, 18:00 PM

Jamuna Bank elects chairman

Mosharraf Hussain has been elected the chairman of Jamuna Bank.
26 April 2018, 18:00 PM

Private sector foreign loans a latent danger

Misuse of funds and rising exchange rate are pushing many short-term foreign loans into the overdue territory and in so doing posing a concern for the economy, analysts said yesterday.
26 April 2018, 18:00 PM

4G makes a tepid start

Only 26 lakh mobile phone users have embraced 4G technology since its rollout nine weeks ago although top operators expanded network robustly on the expectation of bringing more customers under the fourth-generation service quickly.
26 April 2018, 18:00 PM

Service delayed by 3 more months

Mobile phone subscribers will have to wait around three more months to be able to switch operators every 90 days while retaining
23 April 2018, 18:00 PM

Bangladesh, India, Bhutan, Sri Lanka need more WB funds

India has made a strong pitch for increased lending by the World Bank and its affiliates for Bangladesh, India, Bhutan and Sri Lanka, in a meeting of the World Bank and International Monetary Fund held in Washington on Saturday.
22 April 2018, 18:00 PM

High tax bar to better telecom service: GSMA

The national exchequer gets Tk 51 of every Tk 100 spent by a mobile user, leaving less money for the operators to develop network and run business smoothly, the GSMA said yesterday.
22 April 2018, 18:00 PM

Stocks go down on profit-booking

Shares on the Dhaka Stock Exchange fell yesterday after gains for two consecutive days as investors booked profits largely in the banking and telecom securities.
22 April 2018, 18:00 PM

Robi asked to pay Tk 18.93cr in VAT on 4G licence fee

The telecom regulator has directed mobile operator Robi Axiata to deposit Tk 18.93 crore as value-added tax on 4G licence fee within April 25.
22 April 2018, 18:00 PM

Telcos invested $1 billion for 4G

Mobile phone operators have invested around $1 billion for starting fourth generation (4G) mobile service in the country so far, Association of Mobile Telecom Operators of Bangladesh (AMTOB) says.
22 April 2018, 09:43 AM

Owners of CNG auto-rickshaws to be taxed

The owners of CNG-run auto-rickshaws will be brought under the tax net in the upcoming fiscal year, said National Board of Revenue
19 April 2018, 18:00 PM

Tourism fair thrives on Eid travellers

The Tour Operators Association of Bangladesh have organised a three-day fair with a view to enabling those who want to travel during
19 April 2018, 18:00 PM

New rules on cards to fine telcos for noncompliance

The BTRC is finalising a new set of regulations under which the telecom and internet service providers will have to pay the penalty for
19 April 2018, 18:00 PM

BB mulls guideline to recover bad loans

The central bank has asked the Association of Bankers Bangladesh (ABB) and the Bangladesh International Arbitration Centre (BIAC) to draft a guideline to recover non-performing loans and amend relevant laws.
18 April 2018, 18:00 PM

Stocks rise riding on banking shares

Dhaka stocks rose 0.77 percent yesterday on the back of the upward movement of banking shares.
18 April 2018, 18:00 PM