Bangladesh Bank is weighing the case for resetting the cap on credit card interest rate it had set last month following fervent protest from banks.

Transactions in Muse are becoming difficult as Chinese banks have frozen over 1,000 bank accounts with estimated deposits of Ks40 billion (US$29.42 million) belonging to Burmese traders.

The Malaysian government is going ahead with its tourism tax to be imposed from July 1.

The US imports more from Asian countries than it exports and as per available data the US runs trade deficits with most of Asian countries except Singapore. The US has trade surplus of $8 billion with Singapore.

Scam-hit BASIC Bank is set to get Tk 1,000 crore of taxpayers' money to once again meet its capital deficit despite criticism from economists.

Sales or replacement of SIM cards will remain suspended for 18 hours from 8pm today as the telecom regulator will update its central biometric verification monitoring system during the period.

Finance Minister AMA Muhith yesterday hinted that the government may withdraw the proposed increase in excise duty on account balance of more than Tk 1 lakh from 2017-18.

MA Mannan, state minister for finance and planning, yesterday hinted that the finance ministry may reconsider its proposal to hike the

The telecom regulator has decided to cancel the licence of Citycell, which has been out of operation since October last year, and place its spectrum in the forthcoming auction.

BNP urges the government to reduce Value Added Tax (VAT) to a tolerable level in the proposed budget for 2017-18 fiscal year. The 15% VAT proposed in the budget is the highest among South and South-East Asian countries, BNP Secretary General Mirza Fakhrul Islam Alamgir.

Islamic banking is growing rapidly in Bangladesh with a market share of about 20 percent, though the country does not have a full-fledged law for the sector, according to a research.

Mobile operators yesterday blamed high taxes on handsets and duties on mobile services for less-than-expected growth of 3G and other telecom services in Bangladesh.

Bangladesh Bank has asked all commercial banks to be cautious about fake notes as forgers may attempt to release counterfeit notes ahead of the Eid festivals cashing in on increased demand.

Half a million people would have been brought out of poverty had the government allocated Tk 2,000 crore to the poor instead of doling out money to the state banks, analysts said yesterday.

The Indonesian government is predicting that the recent severing of ties between several Arab countries and Qatar would deal a blow to the archipelago’s tourism industry, with 50,000 expected tourists not showing up because of the crisis, a senior official said on Tuesday.

Remittance inflow through agent banking rose significantly in the first quarter of 2017 as the service is increasingly gaining ground thanks to its cost-effectiveness.

A lighter vessel carrying 800 tonnes of cement clinkers capsizes in Pashur River along the Sundarbans in Bagerhat.

The banks that are failing to keep pace with the fast-growing financial sector should merge with each other, according to a top banker.

Bangladesh Bank should intervene to restore stability in the trouble-hit Islami Bank Bangladesh Ltd and avoid

Regent Airways began its first flight from Dhaka to Doha on Friday night.