Telecom act to be amended: Tarana

State Minister for Telecom Tarana Halim yesterday said they will amend the existing telecom act in line with the newly approved
28 June 2016

GP seeks to continue Jan-Dec as income year

Grameenphone has sought exemption from following July-June as the 'uniform' income year, set by the stockmarket regulator.
28 June 2016

Banking sector thriving on strong economy: Hasina

Prime Minister Sheikh Hasina yesterday said the country's banking sector is thriving on the strong national economy.
27 June 2016

Teletalk signs $39m deal with Huawei to expand network

Teletalk yesterday signed a deal worth $39.2 million with Chinese equipment vendor Huawei to expand its network for both 3G and 2G at all upazilas, growth centres and educational institutions.
27 June 2016

Businessmen for keeping banks open July 2-4

Businessmen demand all scheduled commercial banks to remain open from July 2 to 4 ensuring safe deposit of their money during Eid holiday.
27 June 2016

WB provides another $150m for healthcare

The World Bank has approved $150 million in additional financing to help strengthen Bangladesh's health systems and improve health
26 June 2016

GP hits milestone in 3G rollout

Grameenphone yesterday launched its 10,000th 3G enabled base transceiver station (BTS) at Moheshkhali in Cox's Bazar as part of its
26 June 2016

No change in plans for BB over Brexit

The central bank has no plans to realign its reserve money invested in pound sterling even after the currency hit a 31-year low
26 June 2016

Banks to remain shut July 4

Bangladesh Bank and all other scheduled banks will remain closed on July 4.
26 June 2016

4G licence will not force Telecom Egypt to sell Vodafone stake

Telecom Egypt will not be required to sell its stake in Vodafone Egypt following the introduction of fourth-generation mobile phone
23 June 2016

Banks in industrial areas to remain open on July 2-3

Bank branches will remain open on July 2-3 in industrial areas of Dhaka, Chittagong, Narayanganj, Gazipur and Savar to help factory
23 June 2016

BB steps in to keep exchange rate stable

Bangladesh Bank is continuing to purchase US dollars from commercial banks to keep the exchange rate stable.
23 June 2016

Ali Reza Iftekhar to remain EBL chief till 2019

The board of directors of Eastern Bank has extended the service contract of its CEO Ali Reza Iftekhar till August 2019.
20 June 2016

Rupali Bank official gets jail term for embezzling depositors' money

A Chittagong court yesterday sentenced a former bank official to six years in jail for two separate cases filed by the Anti Corruption Commission over misappropriating about Tk 9 lakh of depositors' money.
20 June 2016

BB expands low-cost fund for apparel exporters

The central bank has increased the limit of the low-cost Export Development Fund for apparel exporters to $20 million from existing $15 million.
20 June 2016

Turkey tourism: An industry in crisis

The group of British tourists playing water polo in the pool could shriek as loudly as they liked: there were virtually no other guests they'd disturb.
17 June 2016

Manufacturers line up for low-cost foreign currency loans

Manufacturers are rushing to take low-cost long-term foreign currency loans from the special World Bank-Bangladesh Bank fund,
16 June 2016

BB directs banks to tighten security at ATMs during Eid

Bangladesh Bank has asked all banks to maintain a high-level of security at all ATM booths ahead of the Eid-ul-Fitr, a senior official said yesterday.
15 June 2016

Three-digit number in the offing for all emergency services

The government is looking to bring all emergency services under a three-digit short code platform, as in developed countries, by the first half of next year.
15 June 2016

Private infrastructure investment dips in South Asia: WB

South Asia closed 43 deals in 2015 for a combined total of $5.6 billion, a decline of 82 percent from the five-year average of $30.5
14 June 2016