Exports decline 1.38pc

Export earnings fell 1.38 percent year-on-year to $3.05 billion in March due to a decline in leather goods shipment.
3 April 2018

Economy marches towards record 7.65pc growth

The Bangladesh economy is charging towards record growth figure for the second consecutive year, driven by double-digit growth in manufacturing and construction sectors.
3 April 2018

New mobile phone sets from Vivo, Huawei in Bangladesh market

Vivo and Huawei -- Two leading mobile phone brands -- unveil their two new flagship devices called ‘V9 smartphone’ and ‘Huawei Y9 2018’ in Bangladesh.
3 April 2018

Premier Bank scam: ACC summons director and AL MP Haroon

Anti-Corruption Commission (ACC) summons an Awami League lawmaker and also a director of Premier Bank at its office for quizzing over allegations of illegally amassing Tk 134 crore in collusion with some bank officials.
3 April 2018

Govt move raises more concerns

The decisions taken by the government and the central bank would increase the money supply in the market, but it would encourage
2 April 2018

Rod prices to go down if transport problem eases

Prices of rod will come down by Tk 4,000 per tonne if the government withdraws the weight limit in carrying goods by trucks and eases congestion at the Chittagong port, said the industry association.
1 April 2018

Sadharan Bima pays US-Bangla Tk 5.74cr in insurance claims

Sadharan Bima Corporation has paid $0.7 million or Tk 5.74 crore to US-Bangla Airlines in the first instalment as compensation against the carrier's insurance claim for the aircraft that crashed in Kathmandu last month.
1 April 2018

Teletalk plans 4G launch in Aug, with just Tk 200cr

Teletalk is preparing to launch fourth generation (4G) mobile service, albeit in big cities, with optimum visibility by August and plans to invest only Tk 200 crore from its own funds to develop 1,100 or around a fourth of its network sites.
1 April 2018

Better GDP growth this year: Muhith

Finance Minister AMA Muhith yesterday said the economy is on track to log in a better GDP growth figure than last year. In fiscal 2016-17, Bangladesh posted GDP growth of 7.28 percent.
1 April 2018

Stocks leap on CRR reduction

Dhaka stocks yesterday gained 2.67 percent -- the highest since May 25, 2015 -- on the back of the central bank's announcement to lower the requisite cash reserve ratio (CRR) to 5.5 percent from 6.5 percent to ease the financial sector's liquidity crunch.
1 April 2018

Will CRR cuts bring down lending rate?

The decision to reduce the Cash Reserve Ratio (CRR) by one percentage point constitutes quantitative easing of monetary policy. A key
1 April 2018

Mobile networks hit by nor'wester

Mobile subscribers are experiencing network problems in different parts of the country as operators are facing severe power shortage
31 March 2018

Foley new president of Amtob

Michael Foley, chief executive officer of Grameenphone, has been elected as the president of the Association of Mobile Telecom Operators of Bangladesh (Amtob) for a year.
29 March 2018

ACC to check if firms submit fabricated financial statements

The Anti-Corruption Commission will investigate allegations that listed companies have submitted fabricated financial statements to various regulators and parties, said its Chairman Iqbal Mahmood.
29 March 2018

Misuse of political power renders BB toothless: survey

Misuse of political power in banking business results in Bangladesh Bank (BB) facing impediments in taking decisions independently along with punitive measures against large scams, says a survey.
29 March 2018

Govt panel gives nod to $2.6b Chinese loan

The hard-term loan committee of the government yesterday approved $2.6 billion financing for the Padma rail link project, paving the way for the signing of a deal with the Exim Bank of China next month.
29 March 2018

Stocks break losing streak

Dhaka stocks ended the week in the black yesterday after breaking a three-day losing streak amid active participation by institutional and general investors.
29 March 2018

Malaysia’s central bank foils unauthorised fund transfer attempts

Malaysia’s central bank says it detected and foiled an attempted cyber attack and efforts to transfer funds without authorisation using falsified SWIFT messages.
29 March 2018

Top 10 most popular Easter destinations for Asia-Pacific travelers revealed

Thanks no doubt to the fact that Easter falls during the same period as this year's cherry blossom season, Tokyo has topped a list of the most popular Easter destinations among Asia-Pacific travelers for 2018.
29 March 2018

5 banks get Asiamoney award

Five banks from Bangladesh have recently been awarded at the Asiamoney best bank awards 2018.
28 March 2018