Ink makers assoc elects top brass

MA Momen, managing director of Toka Ink Bangladesh Ltd and Pioneer Printing Press Ltd, has been elected as
26 December 2017

App offers vehicle care solution

People can now call for help of a mechanic through a mobile application—Vroom—if their car stops working in the
26 December 2017

A stellar year for ICT

Bangladesh's ICT sector will bid farewell to 2017 on a high note as the year saw digital services thrive, exports hit a
26 December 2017

City Bank raises $26m for Doreen Power

City Bank has recently arranged $26 million in funds for Doreen Group to help it set up a 53.9-megawatt heavy fuel
25 December 2017

India to link highways to int'l trade points

India has decided to undertake a plan to link its major highway corridors to international trade points with Bangladesh, Nepal,
25 December 2017

BB rejects Tk 1,439cr compensation demand of BKB, Rakub

The central bank has shot down requests for compensation of Tk 1,439 crore from Bangladesh Krishi Bank and
25 December 2017

Apparel exports saved by sturdy dollar

The favourable US dollar-taka exchange rate has lent a helping hand to apparel exporters in the outgoing calendar
25 December 2017

Machines threaten RMG workers' jobs

Rapid automation of production, closure of some noncompliant factories and the emergence of some other high-
24 December 2017

Alam becomes ED of Bangladesh Bank

Md Shah Alam has recently been promoted to the post of executive director of Bangladesh Bank.
24 December 2017

ABB elects new office bearers

Syed Mahbubur Rahman, managing director of Dhaka Bank, has been elected as the chairman of the Association of
24 December 2017

Grameen Bank election for directors soon: Muhith

The much overdue election for Grameen Bank's board, which the award-winning microlender has been soliciting for
24 December 2017

Govt clears way for issuing more ISP licences

The telecom regulator has resumed processes to award 524 new licences for internet service providers after a lull of
24 December 2017

Challenging year for steelmakers

Steelmakers passed a challenging year for a number of factors including rising import costs, port congestion, lack of
24 December 2017

Most banks adopt centralised systems

A total of 88 percent of banks in Bangladesh have put in place centralised core banking systems, which are allowing them to avert fraud, cut cost and provide real-time services online to customers, according to a new research.
23 December 2017

Flat prices beyond reach of middle class

The organiser of the real estate and housing fair has gone all out to woo buyers, bringing in developers, construction and building material companies and loan providers under one roof.
23 December 2017

BB under pressure to allow another new bank

The finance ministry has forwarded yet another proposal for a new bank to the Bangladesh Bank for its vetting -- at a time when the financial health of the nine fourth generation banks is deteriorating.
23 December 2017

Chinese firm to set up mobile assembly plant

Chinese mobile phone maker Transsion Holdings is set to establish a device assembling plant in Bangladesh over the next few months, making it the first foreign brand to do so.
23 December 2017

Political uncertainty looms over 2018

Political uncertainty over upcoming national election, its effect on private investment, rising food inflation, sluggish exports and remittance, and a lack of corporate governance in banks are the key challenges Bangladesh will face in 2018, said a think-tank yesterday.
23 December 2017

Russia’s Globex bank says hackers targeted its SWIFT computers

Hackers tried to steal 55 million roubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system, the bank said on Thursday, the latest in a string of attempted cyber heists that use fraudulent wire-transfer requests.
23 December 2017

Citycell eyes 4G licence to make a comeback

Citycell, which has been out of service since October last year, is trying to reenter the telecommunication business as the now defunct
21 December 2017