Chittagong-based business leaders yesterday threatened to shut down the wholesale hub in Khatunganj and stop transporting goods if the weight limit on the vehicles plying on the Dhaka-Chittagong highway is not lifted within a week.

The telecom regulator has stepped in to protect customers by way of stopping mobile phone operators from confusing subscribers with hundreds of voice and data offers.

Commerce Minister Tofail Ahmed yesterday handed over the national export trophies to owners of 63 companies for their extraordinary export performance in 2014-15.

A slight mistrust towards the country's banking sector has recently emerged in people's minds, which is an “ominous sign” for banks, said Bangladesh Bank Governor Fazle Kabir yesterday.

State-run banks saw a significant decline in the number of loss-making branches last year as Bangladesh Bank's plan to reinvigorate the institutions is at long last bearing fruit.

The government will honour 63 companies today with export trophies for their extraordinary performance in fiscal 2014-15.

Farmers Bank is now under pressure to settle its overdue payments for import, with a number of foreign missions dangling the threat of blacklisting the troubled lender if it does not pay back immediately.

A slight mistrust has been created among the people over the country’s banking sector in recent time, which is an “ominous sign” for the banks, Bangladesh Bank Governor Fazle Kabir says.

Premier Bank has recently appointed Md Abdul Hai as its deputy managing director.

AKM Shahnawaj has recently been promoted as deputy managing director of Dhaka Bank.

The BTRC has issued two notices within a span of seven days asking Grameenphone, Robi and Banglalink to explain why an Eid-ul-Fitr greeting of Prime Minister Sheikh Hasina had not been sent out to subscribers.

The export of caustic soda to India has remained suspended for the last three months after New Delhi ruled the chemical will not be allowed to enter the country without the certification from its standards authority.

Despite intense efforts to attract funds private banks are experiencing a slowdown in deposit growth due to a lack of confidence of depositors following a series of reports of loan scams.

The central bank yesterday gave the green light to the rollout of contactless credit cards, ushering in an exciting new era of payment system in Bangladesh.

Pubali Bank has recently appointed Muhammad Mijanur Rahman Joddar as an additional managing director.

Strong understanding of criminal operation and risk management is crucial for financial institutions as fraud and data security threats are emerging in many forms and channels, said Mahbubur Rahman, president of the International Chamber of Commerce (ICC) Bangladesh.

A team of investors based in Singapore has sought 3,000 acres of land at Mirsarai in Chittagong from the government to establish a special economic zone for the businesses of the Southeast Asian island country.

The National Board of Revenue is set to offer compliant businesses the privilege to clear their imported and exported goods fast by awarding them the status of Authorised Economic Operator (AEO) with a view to boosting international trade.

Finance Minister AMA Muhith yesterday said it is difficult to bring down the lending rate of banks to single-digit overnight.

The practice of carrying cash is gradually declining in Bangladesh as people are getting to understand the financial benefits of digital payment systems like debit and credit cards, said experts and policymakers yesterday.