BTRC moves to build Telecom Tower

Bangladesh Telecommunication Regulatory Commission plans to build a Tk 200 crore building in the capital as its head office. The BTRC has recently sought the Telecom Division's permission to spend Tk 100 crore from its own revenue on the 13-storey Telecom Tower.
16 January 2016

Challenges to banks' good governance

BANGLADESH Bank is committed to establishing good governance practices in banks and financial institutions besides fulfilling its core objectives like employment maximisation and price stability in the country.
13 January 2016

Stop setting up SEZ in Habiganj arable lands

Speakers at a views-exchange meeting yesterday heavily criticised Bangladesh Economic Zones Authority (Beza),
13 January 2016

Banks borrow from BB after a four-year gap

After a gap of more than four years, some commercial banks have recently borrowed money from the central bank through repo auction.
13 January 2016

BB lines up $200m green fund for textile, leather makers

Bangladesh Bank is set to form a $200 million fund to provide low-cost loans to textile and leather industries for switching to
12 January 2016

EBL Nest: a hotbed of creativity

As is common in big institutions, ideas of those lower down the hierarchy tend to get lost.
12 January 2016

Smuggling hurting economy: SK Sinha

Chief Justice SK Sinha yesterday said smuggling was affecting the country's economy.
8 January 2016

Economic growth to keep up momentum: WB

Bangladesh's economic growth will keep up its momentum this fiscal year despite pressure on the budget from a salary hike for
7 January 2016

Users must be compensated for call drops: Tarana

Mobile phone users will have to be compensated for every case of call drop and network failure, State Minister for Telecom Tarana Halim said yesterday.
6 January 2016

Indian state banks likely sold dollars to stem rupee fall

State-owned banks likely sold dollars on behalf of the Reserve Bank of India to prevent the local currency from weakening further, three
4 January 2016

BTRC to study internet service costs to regulate prices

The telecom regulator is going to analyse the cost components in providing internet services, to determine a pricing guideline for the
4 January 2016

Little cheer for state banks in 2015

State-owned commercial banks saw their operating profits decline 4.69 percent year-on-year in 2015 owing to low credit growth and
4 January 2016

More banks found paying zero tax in UK

Two more investment banks have reported paying zero tax in Britain in 2014, prompting the opposition Labour party to urge the
3 January 2016

Mobile top-up retailers may go on strike for commission hike

The association of mobile phone top-up and banking vendors yesterday threatened to go for a strike if their seven-point demands,
3 January 2016

Banks' capital base strengthens

Banks' overall capital base went up 6.58 percent in the third quarter of 2015 from three months earlier as the asset quality of private
3 January 2016

Low-cost loans, lands a must to boost investment: MCCI

The leaders of the Metropolitan Chamber of Commerce and Industry (MCCI) demanded a single-digit interest rate on bank loans, low-
3 January 2016

Poverty down, not inequality

Economic initiatives helped reduce poverty in Bangladesh but inequality could not be reduced as the two different concepts should be
2 January 2016

Banks saw slim profits in 2015

Banks managed to log in profits for 2015 despite a tough start to the year by way of political turmoil for the first
2 January 2016

3G brings a boom to telecom

The telecom industry added an average of 40,000 new 3G connections a day to their networks in the passing year, according to its regulator.
30 December 2015

Merge Teletalk, BTCL to make profitable entity: Joy

The prime minister's ICT adviser has directed the Posts and Telecommunications Division to take steps to merge the two loss-making
30 December 2015