NRBC left without govt funds after media reports

The government agencies have withdrawn their funds, amounting to Tk 500 crore, from NRB Commercial Bank
15 January 2018

Farmers Bank selects new chairman

The Farmers Bank Ltd has selected Chowdhury Nafeez Sarafat as its new chairman after the resignation of Muhiuddin
15 January 2018

Yarn makers to suffer as Indian cotton traders halt shipment

The sudden cancellation of shipment of 400,000 bales of cotton by Indian traders will negatively affect yarn
15 January 2018

Sri Lanka lifts 38-yr ban on women buying, selling alcohol

Sri Lanka has revoked a 38-year ban on selling alcohol to women and employing them in places where the drinks are produced and sold.
15 January 2018

NGOs under NBR scanner

The tax authority has taken steps to ensure compliance by the non-governmental organisations after it recently discovered that more than half of them in Dhaka do not even have tax files.
14 January 2018

ERA InfoTech to install Palli Sanchay's banking software

ERA InfoTech, a joint venture of Bank Asia, Ranks ITT and ETA InfoTech LLC of Dubai, won the contract to supply and maintain the core banking software of Palli Sanchay Bank.
14 January 2018

Brac Saajan Exchange to operate in EU

The Bangladesh Bank has given the go-ahead to Brac Saajan Exchange, the UK subsidiary of Brac Bank, to expand its business activities into the European Union in preparation of the Brexit.
14 January 2018

4G services by March

Mobile internet users, especially in city areas, can brace themselves for super-fast data service from March as all operators are set to roll out 4G service, said the top brass of the telecom regulator yesterday.
14 January 2018

Tavelers shatter tourism records around the world in 2017

The numbers are trickling in from tourism offices and it seems that 2017 is a banner year for many parts of the world.
14 January 2018

Govt to select bidders for first China project

In a first, the government is set to select bidders through limited tendering for implementing the digital connectivity
13 January 2018

Current account deficit hits a 15-year high

The country's current account deficit reached a 15-year high in the first five months of the fiscal year on the back of
13 January 2018

Telcos' investment shrinks but revenue rises

Investment by mobile operators hit a six-year low in fiscal 2016-17 after being on a descent for the past four years
13 January 2018

Look into capital flight via import

The Centre for Policy Dialogue yesterday advised the government to investigate whether capital flight has taken
13 January 2018

Brac Bank raises Tk 38 lakh through mini marathon as CSR fund

Brac Bank and its employees on Friday raised Tk 38 lakh through a fundraising mini marathon for humanity titled Brac
13 January 2018

Biman in dumping tactics on domestic routes

State-run Biman Bangladesh Airlines is dumping seats into the domestic market and making the routes economically
13 January 2018

Mobile operators to apply for 4G licences today

Mobile phone operators, including state-run Teletalk and now out-of-service Citycell, will be applying for 4G licence
13 January 2018

Time ripe for financial sector to go digital: Microsoft survey

About 81 percent business leaders in Asia Pacific's financial services industry said they believe they need to transform to digital
11 January 2018

80pc gadgets to be made locally by 2021

Around 80 percent of the Tk 1,500 crore worth of gadgets that are sold in the country every year will come from the local
11 January 2018

BGMEA election takes a dramatic turn

The upcoming BGMEA election took a dramatic turn after a new platform emerged yesterday to contest in the poll with a view to
11 January 2018

BB asks banks to be tough on top defaulters

The top 20 defaulters account for 46 percent -- or Tk 32,432 crore -- of the total default loans in the banking sector, much to the
11 January 2018