Mobile operators face show-cause notices over unused balance

The telecom regulator yesterday served show-cause notice on Banglalink, Teletalk, Citycell and Robi for their failure to deposit the
14 March 2017

SWIFT bans North Korean banks blacklisted by UN

Brussels based inter-bank messaging system SWIFT says it has cut off North Korean banks under UN sanctions, after Belgium says it would no longer give authorization for such transactions.
9 March 2017

Telcos getting ready to launch 4G services

Mobile operators are taking preparations so that they can roll out 4G data services as soon as they get a go-ahead from the regulator.
8 March 2017

Weak apparel exports pare down earnings in Feb

Export earnings declined 4.49 percent year-on-year to $2.72 billion in February due to a slowdown in apparel shipments that account for more than 80 percent of national exports.
8 March 2017

Chinese bank opens 6 Grameen-style branches

A Chinese bank in collaboration with Grameen China has opened six branches in the country's Henan province which will follow the
5 March 2017

Mobile operators pay Tk 24,596cr in taxes: Tarana

The government has earned revenue worth Tk 24,596 crore from the country's six mobile operators since 2000, State Minister for
5 March 2017

Sonali Bank to inject Tk 171cr into UK arm

Sonali Bank has sought consent from the central bank to transfer Tk 171 crore to its operation in the UK that is suffering from cash
5 March 2017

India plans to clamp more curbs on cash

The Central government is considering more steps to curb cash transactions even as a few banks have already started imposing charges after limited transactions. The government is now considering imposing a cap on cash holding limit as suggested by the SIT.
4 March 2017

Abuse of diplomatic privileges: Luxury car seized in Dhaka

Customs officials seize a luxury vehicle as what they say it was brought into the country by abusing diplomatic privileges.
2 March 2017

Slow exports, remittance new challenges for Bangladesh

Slowdown in exports and weak remittance growth are the new challenges for Bangladesh's economy, said Mitsuhiro Furusawa, deputy
27 February 2017

China bank fraud base found in Japan

The base for a group of people involved in a Chinese version of a bank transfer scam has been found in Japan. The National Police Agency informs the Chinese Public Security Ministry of the discovery during a regular consultation meeting, according to sources.
27 February 2017

WB hands over another duty-free vehicle

With a vow to support the ongoing investigation of Customs Intelligence and Investigation Directorate (CIID), the World Bank has handed over another car, 11 days after the directorate sought information about 16 vehicles brought into the country duty-free.
26 February 2017

Robi starts converting SIM cards into 4G enabled SIMs

Mobile operator Robi has started converting its SIM cards into 4G enabled Robi SIMs to launch the fastest data services to the users across the country as soon as it receives the licence.
25 February 2017

New visions for the city

The future landscape of the country depends on what we make of Dhaka city. Any national plan will have to consider the urban scenario of the whole country, from the primary cities to the small towns, but particularly Dhaka city as it will continue to play a vital role in impacting places throughout the country.
22 February 2017

ICT opens up new prospects for Bangladesh

The mindset of young founders needs to change when they are learning at schools and universities. Government education policies need to align with their vision of Digital Bangladesh so that there is a pipeline for talent in the private sector. It's a long-term process, but in the short-term there has to be a way to make the education system more relevant for the ICT sector.
22 February 2017

How to adopt clean coal technology

Growth cannot happen without effective energy supply. At the same time, growth will have an impact on the demand for commercial energy. And per capita income rise will demand more energy use.
22 February 2017

Lowering the costs of migration

For many, migration is a route out of poverty and a pathway to live in dignity. It is an integral part of globalisation. The world community has recognised that migration can contribute in achieving the Sustainable Development Goals (SDGs).
22 February 2017

Better banking for economic success

A strong banking sector is critical to economic growth and development in a developing country. A robust and well-functioning banking system facilitates the efficient allocation of resources to individuals, organisations, and projects that can use those resources effectively.
22 February 2017

Emerging Asian markets and export diversification

Widening comparative advantage in global export market has not only triggered economic growth but also ensured expected structural transformation as has been revealed in many Asian developing economies such as South Korea,
22 February 2017

Global media and Dhaka's urbanisation

It is no longer news that Dhaka has earned the infamy of being one of the world's most unliveable cities and “worst vacation spots.” We have become accustomed to hearing Dhaka's moniker, the “traffic capital of the world,” in different global media. Every time the city's alleged urban dysfunction is in the news, local social-media reactions are typically three-pronged.
22 February 2017