Robi gains most from MNP

Robi gained about two-third of the customers that have switched operators by way of the mobile number portability (MNP) service in the first three months of its roll-out.
15 January 2019

ADB provides $200m to upgrade rural road network in Bangladesh

The Asian Development Bank (ADB) and the government of Bangladesh sign agreements for $200 million in loans to improve the rural road network in Bangladesh.
13 January 2019

Banks still a man's world

Iffat Jahan Dina landed a well-paying job in a private bank soon after obtaining her Masters degree from Rajshahi University. She dedicated herself to the job, which she found gratifying.
12 January 2019

BB Heist: First conviction, after 3 years

A court in the Philippines yesterday convicted a former branch manager at Manila-based Rizal Commercial Banking Corp (RCBC) of money laundering, in the first conviction over the Bangladesh Bank reserves heist in which $81 million was stolen nearly three years ago.
10 January 2019

Kamal in denial about bad loan situation

Bangladesh's non-performing loan situation is not as dire as is being reported in the news media, said Finance Minister AHM Mustafa Kamal.
10 January 2019

Paris tops ranking of world's healthiest cities

Paris is named the world's healthiest city in a report that looks at everything from the number of spas and yoga studios in each city to vegan dining options and green spaces.
10 January 2019

World Bank chief resigns abruptly

World Bank Group President Jim Yong Kim unexpectedly resigned on Monday, more than three years before his term ends in 2022, amid differences with the Trump administration over climate change and the need for more development resources.
8 January 2019

Bangladesh 2nd largest economy in South Asia

Bangladesh has been ranked 41st among the largest economies in the world in 2019, up from the 43rd position since last year, according to an analysis by a UK based think tank.
7 January 2019

State banks' cash recovery flatters to deceive

Despite the huge loan rescheduling spree, the four state-owned banks saw poor cash recovery from their top defaulters in the first nine months of 2018.
6 January 2019

Apparel shipment to Europe quicker now

Bangladesh's garment shipment to Europe has expedited with the introduction of transshipment facility from Kolkata's Netaji International Airport on a pilot basis, exporters said.
6 January 2019

Stocks hit 8-month high

The stockmarket has continued to maintain its post-election rally, reaching an eight-month high of 5,687 points yesterday.
6 January 2019

I will not fail

The finance ministry will make a fresh start from today and will be beyond reproach, said AHM Mustafa Kamal after he was given charge of the ministry.
6 January 2019

Huawei raps staff for sending New Year tweet via iPhone

Chinese telecom giant Huawei has punished two employees for posting a New Year greeting on the company's official Twitter account using an iPhone made by arch rival Apple, an internal memo showed.
5 January 2019

Automation and the future of tax payment

The process of collecting tax and complying with tax laws is changing fast. New generation computer software, real time reporting, artificial intelligence and machine learning technologies are transforming the tax systems of economies around the world.
5 January 2019

Xiaomi brings Mi 8 Lite

Xiaomi has recently launched the latest model of its flagship Mi 8 series, Mi 8 Lite, in Bangladesh.
5 January 2019

Loan rescheduling soars 30pc

Loan rescheduling soared about 30 percent to Tk 10,963 crore in the first nine months of 2018, fuelling further fears for the sector.
3 January 2019

Japanese firm to invest $10m in Meghna economic zone

Japanese Sakata Inx is set to invest $10 million to establish a liquid ink manufacturing plant in the Meghna Industrial Economic Zone (MIEZ), a development that can reduce the country's import dependency of the product.
3 January 2019

Janata sinks into colossal losses

Janata Bank logged in losses of Tk 3,132 crore in the first nine months of 2018, a stunning reversal in fortune for the state-owned bank as loan irregularities finally take a toll.
2 January 2019

Pubali Bank reappoints additional MD

Safiul Alam Khan Chowdhury has recently been reappointed additional managing director of Pubali Bank for three years.
1 January 2019

Digital services at ease as mobile internet is back

The telecom regulator withdrew the 37-hour suspension on mobile internet services yesterday at 10am.
1 January 2019