Talks on VAT: Muhith, businessmen exchange heated words

A forum of businessmen exchanges heated words with Finance Minister AMA Muhith centering FBCCI’s proposal on VAT. The argument took place at a meeting jointly organised by National Board of Revenue (NBR) and FBCCI.
30 April 2017

Internet price cuts in the works: Tarana

The government is working to make internet cheaper at the consumer level, said Tarana Halim, state minister for telecom, yesterday.
26 April 2017

Govt to rescue Teletalk

The government is set to rescue Teletalk from the tight corner it finds itself in by taking care of Tk 3,256 crore of the operator's dues.
26 April 2017

BB puts cap on dollar rate for importers

Bangladesh Bank yesterday put a cap on the US dollar at inter-bank exchange rate plus Tk 2, to control the recent volatile market, said bankers.
26 April 2017

Govt working to cut internet price: Tarana

Bangladesh government is working to reduce internet price at the consumer-level, State Minister for Post and Telecommunications Tarana Halim says.
26 April 2017

Marine drive road opens soon

Prime Minister Sheikh Hasina is likely to inaugurate the 80-kilometre marine drive road from Cox's Bazar to Teknaf as the third phase
25 April 2017

GP logs hefty profits

Grameenphone logged Tk 655.70 crore in net profit in January-March -- the operator's highest ever in a single quarter with an
23 April 2017

Cybercriminal Lazarus group hacked Bangladesh Bank

Cybercriminal gang Lazarus group carried out the $81 million Bangladesh Bank cyber heist, not the other groups named since the February 2016 incident, according to a top researcher of cyber security firm Kaspersky Lab.
19 April 2017

Asian Development Bank awards essay competition winners in Bangladesh

The Asian Development Bank (ADB) awards four winners of an essay competition celebrating its 50th founding anniversary.
19 April 2017

Singapore, Germany passports tie as world’s most powerful

Singapore’s passport takes top spot -- in a tie with Germany -- in a global ranking of the world’s passports.
19 April 2017

Prime Bank writes off Bismillah Group loans

Prime Bank has written off Tk 300 crore embezzled by Bismillah Group in order to clean up its balance sheet.
16 April 2017

Russian governor wants to recruit doctors from Bangladesh

Governor of Leningrad in Russia Oblast Alexander Drozdenko expresses his interest in recruiting skilled manpower specially doctors from Bangladesh.
16 April 2017

SC clears way for BB to take actions against NRB Bank’s chair, MD

The Supreme Court clears the way for Bangladesh Bank to take legal action against NRB Commercial Bank’s chairman and managing director for failing to protect the interest of its depositors and shareholders.
12 April 2017

Bangladesh yet to benefit from second submarine cable

The ICT sector is being deprived of the benefits of the country's second undersea cable, as its inland link is still not ready for
11 April 2017

Banks need a central database of collateral

The banking sector needs a central database of collateral as there is a tendency among borrowers to take multiple loans against a
11 April 2017

Banks step up efforts to cut cost of funds

Private banks have now turned their focus on bringing down their cost of funds to get a competitive edge over peers in the saturated
11 April 2017

Prime Bank official gets 15yrs jail for misappropriating money

A special court in Pabna hands down a fugitive banker 15 years of imprisonment in a corruption case filed by Anti-Corruption Commission (ACC) and imposes a fine of over Tk 66.39 lakh.
10 April 2017

Tourists sidestep Bangladesh

Bangladesh has remained an unattractive destination for tourists, with the country coming in at No. 125 in a ranking
9 April 2017

Set up a bank for easy inflow of remittance

The Global Human Development Report suggests Bangladesh set up a remittance bank for easy and transparent inflow of the foreign wage earnings into the country.
5 April 2017

Exports rise on boost from apparel, jute

Export earnings grew 3.97 percent year-on-year to $25.94 billion in the July-March period of the current fiscal year on the back of higher shipments of garments, jute and jute goods and leather and leather products.
5 April 2017