Banks get more time to lower advance-deposit ratio

The banking regulator yesterday extended the deadline for banks to lower their advance-deposit ratio (ADR) by three months to March 31 next year amid pressure from the directors of commercial banks.
9 April 2018, 18:00 PM

WB doubts 7.65pc GDP growth estimate

The World Bank yesterday questioned the 7.65 percent economic growth estimate being peddled by the Bangladesh Bureau of Statistics for fiscal 2017-18, raising doubts over claims of robust expansion of the manufacturing sector and domestic demand.
9 April 2018, 18:00 PM

Textile, fuel shares boost Dhaka stocks

Stocks continued to gain for the third consecutive session yesterday, thanks to the buying pressure from the textile, fuel and power sectors' shares.
8 April 2018, 18:00 PM

Agent banking most useful for financial inclusion: analysts

Agent banking is the most useful channel when it comes to providing financial services to the extreme poor, speakers told a national seminar at Amari Dhaka yesterday.
8 April 2018, 18:00 PM

Keep watch on banks

The Metropolitan Chamber of Commerce and Industry yesterday urged the government to pay special attention to banking sector management in the budgetary measures for next fiscal year.
8 April 2018, 18:00 PM

Mobile internet access to reach 41% by 2025: GSMA

Bangladesh’s unique mobile internet penetration will reach 41 percent by 2025, with 4G accounting for half of total connections, the GSMA says in one of its report about Bangladesh mobile industry.
6 April 2018, 08:57 AM

Lack of financing hampers growth of women-led SMEs: analysts

The reluctance of banks and financial institutions to provide women with easy loans is one of the major barriers to the growth of women-led small and medium enterprises, analysts said yesterday.
5 April 2018, 18:00 PM

Muhith for developing specialists for export sectors

Bangladesh needs to develop specialists for the export-oriented sectors as they largely rely on foreign experts, who take home $5 billion each year, said Finance Minister AMA Muhith yesterday.
5 April 2018, 18:00 PM

Five top Islami Bank officials resign

Five top officials of Islami Bank Bangladesh have resigned from their jobs following restructuring at the management level.
5 April 2018, 18:00 PM

Bangladesh will export smartphones in 2yrs: ICT minister

Bangladesh will export mobile sets within next two years as several plants have started rolling to assemble smart devices, Telecom and ICT Minister Mustafa Jabbar says.
5 April 2018, 15:39 PM

Bangabandhu-1 satellite will be ready for commercial use by Aug: BTRC chairman

Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Shahjahan Mahmood says the much waited commercial satellite Bangabandhu-1 will be ready for use by August after its launch within next few weeks.
4 April 2018, 15:58 PM

Remote islands to get high-speed internet through satellite: Jabbar

The government is going to start a process to ensure high-speed internet connectivity in isolated islands and remotest part of the country through satellite connectivity, telecom and ICT minister Mustafa Jabbar says.
4 April 2018, 12:37 PM

Oppo to launch smartphone with 25MP camera

Oppo, a leading global technology brand, is all set in Bangladesh to launch Oppo F7, a new smartphone with a 25 megapixel front camera using real-time high dynamic range technology.
3 April 2018, 18:00 PM

Prime Bank gets new AMD

Prime Bank's deputy managing director Habibur Rahman has been promoted to the post of additional managing director.
3 April 2018, 18:00 PM

Vivo unveils 'AI selfie' smartphone

China's smartphone producer Vivo officially unveiled Vivo V9, its latest flagship smartphone, at a ceremony in Le Méridien Dhaka on Monday night.
3 April 2018, 18:00 PM

Pvt banks to give Tk 160cr to PM's fund

The Bangladesh Association of Banks (BAB), a forum of private banks' directors, has taken up an initiative to raise Tk 160 crore for the Prime Minister's Relief and Welfare Fund.
3 April 2018, 18:00 PM

Exports decline 1.38pc

Export earnings fell 1.38 percent year-on-year to $3.05 billion in March due to a decline in leather goods shipment.
3 April 2018, 18:00 PM

Economy marches towards record 7.65pc growth

The Bangladesh economy is charging towards record growth figure for the second consecutive year, driven by double-digit growth in manufacturing and construction sectors.
3 April 2018, 18:00 PM

New mobile phone sets from Vivo, Huawei in Bangladesh market

Vivo and Huawei -- Two leading mobile phone brands -- unveil their two new flagship devices called ‘V9 smartphone’ and ‘Huawei Y9 2018’ in Bangladesh.
3 April 2018, 14:38 PM

Govt move raises more concerns

The decisions taken by the government and the central bank would increase the money supply in the market, but it would encourage
2 April 2018, 18:00 PM