Covid-19 fallout: India’s exports shrink by a record 60.28pc in April

India’s exports contracted by a record 60.28 percent to $10.36 billion in April amid the economic fallout from the coronavirus pandemic, official data shows.
15 May 2020

India lockdown: Cleaner Yamuna ensures no insect swarm in Taj Mahal

The Covid-19-induced nationwide lockdown and a much cleaner Yamuna river have ensured that the Taj Mahal in India’s Agra is free from swarms of insects for the first time in five years, an official of the Archaeological Survey of India (ASI) has said.
15 May 2020

BB driving with its eyes closed amidst the economic tempest

Without data, companies are deaf and blind, it is often taught in business schools.
14 May 2020

Active internet connections cross 10 crore: BTRC

The number of active internet connections in Bangladesh has crossed the landmark of 10 crore following a surge by 32.69 lakh in March, according to statistics published by the Bangladesh Telecommunication Regulatory Commission (BTRC).
14 May 2020

Robi offering 33GB free data for 27,000 doctors

Robi declares 33GB free data for the next six months to their 27,000 customers who are doctors and registered with the Directorate General of Health Services (DGHS).
13 May 2020

Robi lets rip at the ongoing price war

In an unprecedented move, the country’s second largest mobile operator yesterday blew off its pent-up resentment against the market leader over its offer of free voice call minutes and bonus data packs on humanitarian grounds during the pandemic.
11 May 2020

BB almost doubles funding for SMEs’ refinance schemes

The central bank almost doubles the volume of funding of three refinance schemes for small and medium enterprises (SMEs) in order to protect the marginal entrepreneurs from the ongoing economic fallout from the coronavirus pandemic.
9 May 2020

Factories have to reopen gradually maintaining health protocols: Salman F Rahman

Prime Minister Sheikh Hasina’s private sector adviser Salman F Rahman says the country’s export-oriented factories must begin to open slowly and by maintaining necessary health protocols in order to save the economy.
25 April 2020

Grameenphone to hold first online AGM tomorrow

Grameenphone is going to organise the country’s first ever online annual general meeting (AGM) Tuesday morning.
20 April 2020

Sonali Bank branch locked down after official tests Covid-19 positive

Sonali Bank has locked down its Shilpa Bhaban Corporate branch in Dhaka after an official of the branch tested positive for Covid-19.
20 April 2020

Nimble-footed Reserve Bank of India shows Bangladesh Bank the way

Adversity brings out the best in man, William Shakespeare once said.
18 April 2020

BB extends banking operations nationwide

The Bangladesh Bank decides to extend the banking operation across the country during the ongoing shutdown.
16 April 2020

Flat sales slow to a trickle

It’s never easy to buy or sell a home -- even in the best market conditions, said Peter Lane Taylor, a contributor to Forbes, in an article on Sunday. And in the current purgatory climate, it’s become nearly impossible.
15 April 2020

Coronavirus outbreak: BB sets insurance coverage for bankers serving clients

Bank employees will be entitled to a health insurance coverage of Tk 5 lakh to Tk 10 lakh if they are infected by coronavirus while delivering services to customers, according to a notice issued by Bangladesh Bank.
15 April 2020

Coronavirus fallout: South Asia’s regional growth likely to be under 3% this year, says WB

The regional economic growth in eight South Asian countries, including Bangladesh, is likely to be between 1.8 and 2.8 percent in 2020, down from 6.3 percent projected six months ago, amid the fallout triggered by the Covid-19 pandemic, the World Bank says in its twice-a-year-regional update.
12 April 2020

Banks asked not to charge late fees for credit cards

Bangladesh Bank yesterday asked lenders not to impose any late payment fees on credit cardholders, who are finding it difficult to clear the bills due to the ongoing movement restriction and short banking hours.
4 April 2020

Telcos seek free spectrum

Mobile phone operators have asked the telecom regulator to allocate some spectrum for free for the time being, reasoning that their network had become busier for a surge in data use amid the novel coronavirus-induced ongoing lockdown.
4 April 2020

Online activities surge amid coronavirus situation: Robi CEO

People are taking more digital services now than during other times amid the government-declared general holiday, Mahatab Uddin Ahmed, chief executive officer (CEO) of Robi, says during a Facebook live session.
4 April 2020

The 9pc lending rate from next month seems unlikely

Banks’ capacity to provide loans at 9 per cent interest has shrunk even before the government-fixed ceiling is implemented as both individuals and corporate institutions are withdrawing deposits to protect themselves from the ongoing economic fallout of the coronavirus pandemic.
30 March 2020

Mobile and internet service providers’ staff facing restrictions: AMTOB

Association of Mobile Telecom Operators of Bangladesh (AMTOB) complains that the staff of mobile and internet service providers are facing restrictions from the law enforcement agencies at different places across the country.
25 March 2020