Stopping barrage of promotional messages just a dial away

Mobile phone users can stop receiving promotional messages on their handsets by dialling codes, said the Bangladesh Telecommunication Regulatory Commission (BTRC) in a notice yesterday.
24 April 2021

Govt to expand safety net

The government has already provided seasonal assistance to about 10 lakh people living below the poverty line and will expand such social protection programmes to curb the adverse effects of any future economic shock, according to Finance Minister AHM Mustafa Kamal.
24 April 2021

Customers can stop promotional texts on mobile phone through ‘Do Not Disturb’ service

Customers will be able to stop the flow of promotional texts on mobile phones through the "Do Not Disturb (DND)" service.
24 April 2021

Bus owners in a tight spot

Bus operators in Bangladesh are losing Tk 500 crore every day as they have been off the road because of the lockdown, which may turn many owners into loan defaulters as their income has fallen to zero.
22 April 2021

Airlines look past slow recovery to post-pandemic travel

Even as new setbacks cloud their path to recovery, airline bosses are focusing on the lasting impact of Covid-19 on premium travel, technology and other pillars of their business.
22 April 2021

Tesla’s bad week in China was months in the making

Tesla Inc has had a terrible week in China, but sentiment against the US electric car company in its second-biggest market had been building as it struggled to keep pace with rapid growth.
22 April 2021

J L Rover output at two UK plants hit by chips shortage

Output at two of Jaguar Land Rover’s (JLR) British car factories will be temporarily halted from Monday, due to Covid-19 supply chain disruption, including a lack of semi-conductors, the firm said on Thursday.
22 April 2021

Facebook begins testing ads in Instagram Reels

Facebook Inc on Thursday said it will begin testing ads on its TikTok clone Instagram Reels in India, Brazil, Germany and Australia, as the social media giant aims to make money from its short-form video feature.
22 April 2021

US weekly jobless claims decline further

Fewer Americans filed new claims for unemployment benefits last week, suggesting layoffs were subsiding and strengthening expectations for another month of blockbuster job growth in April as a re-opening economy unleashes pent-up demand.
22 April 2021

Samsung leader Jay Y Lee attends trial amid calls for pardon

Samsung Electronics Co Ltd Vice Chairman Jay Y. Lee on Thursday made his first public appearance since being jailed in January, as he attended court to face charges of fraud and stock manipulation amid calls for his release.
22 April 2021

China rebukes Australia for ‘Cold War mentality’ after Belt and Road accords cancelled

Australia said on Thursday that it cancelled two accords between Victoria state and China on the Belt and Road Initiative because they were out of line with the federal government’s foreign policy, which sees a “free and open Indo Pacific” as a key goal.
22 April 2021

WB to help create better jobs

The World Bank and the government of Bangladesh yesterday signed a $250 million financing agreement to help create more and better jobs, recover faster from the pandemic and build resilience to future crisis.
22 April 2021

A banner week for stocks

Low interest on bank deposits has driven savers away from the banking sector and encouraged them to invest in stocks, which is why the market index has been on a rising trend for the last eight days amid an ongoing nationwide lockdown.
22 April 2021

National Bank asked to appoint MD by Apr 28

Bangladesh Bank has asked National Bank to appoint a managing director (MD) by April 28 as the private lender has been running operations without one for nearly three months.
22 April 2021

Bankers to get commute fares

Bangladesh Bank yesterday asked banks to ensure that bankers get fares for their commutes during the strict lockdown period this year starting April 14.
22 April 2021

Sensible credit card use offers perks

The consumption behaviour of Bangladesh’s growing middle class has made credit cards popular in recent years with a number of banks offering a wide range of discounts and cashback facilities on purchases.
22 April 2021

Farm loan interest cut to 8pc

Bangladesh Bank yesterday cut the interest rate on farm loans as part of its efforts to boost the agriculture sector amidst the ongoing economic slowdown caused by the coronavirus pandemic.
22 April 2021

There is no glass ceiling for women, sky is the limit

Women should strengthen their psychological state and be always prepared to face any challenge to find success in the banking sector.
22 April 2021

Banking stocks lose grace for high defaulted loans

Once known to many for their attractive stocks, banks are a long way from raising adequate interest among stock market investors as confidence has been sunk by high amounts of non-performing loans and low asset value.
21 April 2021

Shop-owners desperate to stay afloat

Anyone visiting Dhaka’s Bangshal road, known for spare parts of bikes and bicycles, would see a different scene.
21 April 2021