Grameenphone users suffer the highest call drops and they wait longer to get connected to the number they dial, according to a report of the Bangladesh Telecommunication Regulatory Commission.

Sabbir Ahmed has recently been appointed head of retail banking at Standard Chartered Bangladesh.

Grameenphone was yesterday slapped with four restrictions by the telecom regulator as part of the penalties for becoming a Significant Market Power (SMP).

The entry of the three new banks will weaken the banking sector further by putting additional pressure on supervision, auditing and deposits, said experts yesterday.

Bangladesh taka will come under pressure against the US dollar because of the widening deficit in the balance of payments, said Standard Chartered bank yesterday.

The government blocks 55 more pornographic websites as per its initiatives of internet safety solution programme in the country.

The central bank yesterday gave nod to three new banks -- at a time when the sector is saturated and stressed for rising nonperforming loans and declining corporate governance.

Fifth generation (5G) mobile technology will be rolled out by the state-owned mobile operator Teletalk in the country before any other telecom operators, Telecom Minister Mustafa Jabbar says.

The tourism and hospitality sector of Bangladesh needs policy support from the government to boost its contribution to the economy, said sector people yesterday.

Fed up with the poor service quality, Imran Hossain, a buying house executive, could not wait to switch his mobile operator. But what held him back was that he would have to give up on his 11-digit mobile number, which he had circulated to one-too-many people.

In the first four months, 1,33,621 mobile phone users have successfully switched their operators keeping its existing eleven digits number, a service which was introduced aiming to enhance competition in the mobile market.

Sheikh Bashirul Islam has recently been promoted to deputy managing director of Exim Bank.

Ahmed Shayan Fazlur Rahman has recently been elected vice chairman of IFIC Bank. Rahman is the executive director of Beximco Group, the bank said in a statement yesterday.

Deposits collected through agent banking rose a whopping 122 percent last year from the previous year whereas the whole banking sector experienced a fall in deposit growth.

The High Court on Monday ordered the tax administrator to give back the money it took from Robi as fine on charges of illegal imports.

A panel of the National Board of Revenue is set to propose continuation of multiple rates of VAT along with 15 percent flat rate under the VAT and Supplementary Duty Act 2012, said officials.

Top two mobile phone operators Grameenphone and Robi are set to enter into a partnership with Bank Asia on agent banking – a move that is expected to give huge boost to the new service and deepen financial inclusion.

Most banks have come up with a bundle of packages to make a good business on the occasion of Valentine's Day when people go for a spending spree to celebrate the most romantic day of the year.

The leading digital service provider, Robi, launches a social awareness programme titled #CommonSense with an appeal to the people for continuing to apply common sense as they become ever more sensitised with life in the digital domain.

US President Donald Trump's choice to lead the World Bank is a firebrand critic of the world's largest anti-poverty lender -- an institution he has called wasteful, corrupt and overly generous to China.