The telecom regulator on Wednesday sought reasons from Pacific Bangladesh Telecom that owns Citycell for not cancelling its licence although the operator failed to pay Tk 477.63 crore in dues.

The first hearing of a winding up petition filed by China Development Bank to realise its dues of $36.63 million from Citycell was held yesterday, amid a government move to cancel the licence of the mobile operator.

A team from Bangladesh will meet officials of the Federal Reserve Bank of New York, the Federal Bureau of Investigation and the US Department of Justice in New York in connection with the cyber theft of $81 million from the South Asian country's central bank in February, sources say.

The prime minister will take a final decision on shutting down Citycell after a meeting with the telecom regulator tomorrow, when the

The net profit of Bangladesh Submarine Cable Company or BSCCL rose 28 percent year-on-year last fiscal year, thanks to the bandwidth

The Philippines Department of Justice will appeal to a court by August 30 as part of its effort to return $15 million of Bangladesh Bank's

Bangladesh Bank yesterday issued a new notice on foreign exchange regulations for enterprises and developers in planned economic zones as the government seeks to attract more investors.

Grameenphone yesterday launched MyGP application to help its customers access all services, offers, bonus and rewards of the telecom

The telecom regulator is going to scrap licences of 204 internet service providers (ISPs) from August 25 in a bid to strengthen ICT

The World Bank will provide $120 million to Bangladesh to develop infrastructure in the bordering areas, which will upgrade regional

A prepaid mobile phone user can now register maximum five SIMs against his national identity number, down from 20 connections

The international community is impressed with the progress made by Bangladesh in digitisation, said two top telecom experts.

Citycell sought time until December 31 to clear its outstanding charges as the telecom regulator has decided to cancel its spectrum for the failure to pay Tk 477.51 crore in dues despite several reminders.

Mahia Juned has recently been promoted to the deputy managing director (DMD) of City Bank.

Officials from the Bangladesh central bank are visiting Manila this week to pressure the authorities in the Philippines to find ways to

Most of the banks' cost-to-income ratio, which is used to measure efficiency and productivity, accelerated in 2015 from a year earlier.

Bangladesh Bank may set the private sector credit growth target at 16.5 percent in the monetary policy for the first half of the fiscal year, in keeping with the present momentum.

A series of spectacular cyber attacks against banks, resulting in the theft of tens of millions of dollars, has heightened fears for an

The telecom regulator yesterday sent a proposal to the government to borrow 157 million euros from HSBC for the country's first space

Fund raised through corruption is used in militancy, Anti-Corruption Commission (ACC) Chairman Iqbal Mahmud says.