Grameen Bank gets retrospective tax break at last

The National Board of Revenue has extended tax exemption benefits to Grameen Bank, clearing the Nobel Prize-winning organisation from the obligation to pay Tk 77.65 crore in tax.
20 May 2015

Record fines for currency market fix

Five of the world's largest banks are to pay fines totalling $5.7bn (£3.6bn) for manipulating the foreign exchange market, US officials say.
20 May 2015

Robi profits fall on political unrest

Mobile operator Robi's net profit declined 11.20 percent year-on-year to Tk 92.7 crore in the first quarter of this year due to political unrest during the period.
19 May 2015

Banks' lending rates drop

Banks' average lending rate came down to 11.93 percent in March, the lowest in two years, riding on lenders' falling cost of funds and measures aimed at reducing expenditures.
19 May 2015

Entire country to come under 3G coverage by next year: GP

Grameenphone has received enormous responses from the data service market in its one and a half years into 3G technology, and the operator holds greater plans to further empower subscribers through this service.
18 May 2015

NCC Bank aspires to be at the top

Customer satisfaction, financial inclusion and management excellence will be at the heart of NCC Bank's efforts as it aspires to become one of the most beloved commercial banks in four years, its chief executive officer said.
18 May 2015

Tax receipts improve in March

Tax collection improved in March with economic activities regaining pace as the violent political situation gradually subsided.
17 May 2015

GP, Teletalk also to launch free internet

Grameenphone and state-owned Teletalk will follow suit of Robi and launch free internet for their mobile users. The two operators have
17 May 2015

Telcos may face music for poor services: BTRC

Failure to hold the planned spectrum auction involving Tk 3,000 crore will not create a problem for the government, but operators
17 May 2015

Mango joins the export ranks

Mango has now officially become a part of the country's export basket, after the first shipment consisting 500 boxes with 625
17 May 2015

BB defends new large loan policy

Bangladesh Bank has introduced a large loan restructuring policy to stand by all businesses in trouble, Governor Atiur Rahman said.
13 May 2015

GP warns subscribers of fraud calls

GrameenPhone, the country’s leading telecom company, warns its subscribers of fraud calls.
13 May 2015

Exports fall for first time in six months

Exports fell for the first time in six months, as political crisis cut orders, government data showed yesterday.
12 May 2015

Tax cuts to boost digital yields: mobile operators

Mobile phone operators yesterday urged the government to reduce the overall tax in the telecom sector for bringing the full benefit of digital technology to the general people.
7 May 2015

GP to focus more on mobile financial services

Global telecom giant Telenor wants to offer Bangladeshi users mobile handsets with built-in financial services that the telecom giant says will fast gain popularity and reduce transaction costs.
7 May 2015

A2I signs deal with Telenor to drive development in Bangladesh

The government yesterday struck an agreement with Telenor Digital to use the Norway-based company's digital and mobile technology in driving social, economic and human development in Bangladesh.
7 May 2015

HSBC bank logs higher profits amid probes

Scandal-hit global bank HSBC on Tuesday posted rising quarterly profits, but added regulators have requested more information about its controversial Swiss division.
6 May 2015

April exports fall slightly

Export earnings dropped by 0.53 percent year-on-year to $2.39 billion in April mainly due to seasonal effects.
6 May 2015

WB gives $200m to improve livelihoods of rural poor

The government yesterday signed a $200 million financing agreement with the International Development Association (IDA) for the Nuton Jibon Livelihood Improvement Project.
5 May 2015

ADB vows reforms to stay relevant

The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.
5 May 2015