World is grateful

World Bank President Jim Yong Kim yesterday praised the people of Bangladesh for providing shelter to the Rohingya refugees.
1 July 2018

GP opposes uniform call rate plan

Grameenphone yesterday opposed the government's latest plan to introduce uniform call rate for mobile phones.
28 June 2018

WB gives $715m for primary education, statistics

Bangladesh will receive $715 million as concessional loan from World Bank (WB) to improve its primary education and produce quality statistics timely.
28 June 2018

18 banks breach rules on credit card interest

The Bangladesh Bank has accused 18 banks of charging higher interest rate on credit cards in violation of the rules.
28 June 2018

JS passes national budget FY 2018-19

The Jatiya Sangsad passes the proposed Tk 4,64,573 crore national budget for 2018-19 fiscal year.
28 June 2018

Banks open Saturday

Bangladesh Bank yesterday asked banks to keep open their branches on June 30 (Saturday) to help taxpayers pay income tax and submit challan of VAT, taxes and pay-orders.
27 June 2018

Interest rates go down from Jul 1

Top bankers yesterday decided to bring down the interest rates on both the loans and deposits to single-digit from July 1.
27 June 2018

Biman to offer inflight internet, call from Sept

Making phone calls or browsing internet has so far been a dream for Bangladeshi passengers while on a flight, but the wait would soon be over as Biman Bangladesh Airlines is set to introduce the service in September.
27 June 2018

Muhith breaks silence over banking crisis

Finance Minister AMA Muhith yesterday hinted that he would take some 'special measures' for the banking sector next month.
27 June 2018

FTAs far away

The signing of the much needed free trade agreements (FTAs) with the important trading partners is still far away for Bangladesh as many countries are not showing interest to go for such deals, despite the hectic efforts over the years.
27 June 2018

Finally, cost of internet coming down

Bangladesh will bring down the cost of internet, finally, bowing to the long overdue demand of consumers and ICT-related trade bodies.
27 June 2018

Govt plans Tk 10,000cr fund for jute sector

The jute ministry is working on a policy to form a Tk 10,000 crore fund to provide low-cost loans for the development of the nearly $1 billion export earning jute sector.
26 June 2018

ADB gives $500m for 800MW plant

The Asian Development Bank's board of directors has approved a $500 million loan to develop a modern 800 megawatt power plant in Khulna along with associated connections to natural gas and power transmission facilities.
26 June 2018

JP lawmakers' budget outcry irks Muhith

Finance Minister AMA Muhith yesterday lambasted the Jatiya Party lawmakers for being critical of the proposed national budget for 2018-19.
26 June 2018

BB move to discourage rice import

Bangladesh Bank (BB) yesterday tightened measures to discourage rice imports with a view to ensuring fair prices for growers.
26 June 2018

NBFIs warned over attracting depositors via messages

Bangladesh Bank yesterday instructed non-bank financial institutions (NBFIs) not to send text messages through mobile phones to attract deposits.
26 June 2018

Price upheaval wreaks havoc on investors

Prices of newly listed companies continue to rise abnormally on the Dhaka Stock Exchange without any apparent reason, which experts said may eat up general investors' money.
26 June 2018

India urges AIIB to scale up lending to $40b by 2020

The third annual meeting of the Asian Infrastructure Investment Bank wrapped up yesterday with calls from one of its earliest champions, Indian Prime Minister Narendra Modi, to scale up its lending tenfold over the next two years.
26 June 2018

Banks to cut lending rates in phases

Banks are sticking to their directors' decision to bring down the lending rates to 9 percent from July 1 amid growing dilemma over how to execute the plan for a large number of loan products.
26 June 2018

New EC chairman for Prime Bank

Md Shirajul Islam Mollah has recently been elected as the chairman of the executive committee of Prime Bank.
25 June 2018