Shipments of plastic products rose 22 percent year-on-year to $120 million in fiscal 2018-19, something manufacturers and traders attribute to the emergence of new export destinations.

The government has decided to take a billion-dollar loan from Korean company LG U+ for expanding Teletalk’s network coverage and making the state-run operator’s infrastructure 5G compatible.

Mastercard recently launched a new campaign marking Eid-ul-Azha offering cardholders discounts at electronics and 30 lifestyle merchants.

The telecom regulator has drafted a guideline on landing rights for broadcasting satellite services as the government looks to monetise the country’s lone satellite Bangabandhu-1.

The central bank may set a 1.5 percentage points lower private sector credit growth target for the second half of the year amid the shrinking demand for credit.

Grameenphone yesterday said it would go to courts to bring the Bangladesh Telecommunication Regulatory Commission to table for an arbitration in order to settle the regulator’s claim of Tk 12,580 crore dues.

The Asian Development Bank (ADB) has upgraded Bangladesh’s growth estimate for fiscal 2018-19 to what would be the highest in the Asia Pacific region, in what can be viewed as a thumping endorsement for the economy’s tremendous momentum.

Minister of External Affairs of India Dr S Jaishankar has reiterated India’s strong commitment to continue support to the BIMSTEC process.

Biman Bangladesh Airlines is going to get the third factory fresh Boeing 787-8 Dreamliner to its fleet.

The High Court questions the legality of a Bangladesh Bank circular allowing defaulters to reschedule their loan with a repayment period of up to ten years.

The head of the British parliament’s Work and Pensions Committee has written to the chair of Standard Chartered Plc’s remuneration committee questioning the bank’s executive pension pay levels after more than a third of shareholders voted against its directors’ remuneration policy.

The central bank yesterday asked banks to form a special monitoring cell to keep an eye on defaulters with loans of more than Tk 100 crore.

The telecom regulator yesterday scrapped licences of 48 internet service providers after they failed to pay renewal fees in time.

The telecom regulator will not give any kind of approval to Grameenphone and Robi to roll out new package or service or import network equipment as it looks to pile pressure on the operators to clear their dues, according to a letter issued yesterday.

Exporters will now be able to issue the certificate of origin to enjoy the generalised system of preferences (GSP) facility in the European Union, instead of relying on the Export Promotion Bureau (EPB) for the document.

Finance Minister AHM Mustafa Kamal yesterday said he delivered on his promises he made six months ago that the non-performing loans at the state banks would not go up any longer.

The telecom regulator scraps licences of 48 internet service providers after they failed to pay their renewal fees in time.

Finance Minister AHM Mustafa Kamal will sit with the chairmen and chief executive officers of the state-owned commercial and specialised banks today to take stock of the overall situation of the financial sector.

Bank Asia’s deposits in agent banking have recently crossed the Tk 1,000 crore mark, further consolidating the bank’s position in the sector.

The central bank has once again instructed banks to lower their lending rate to single digits as per instruction of the government and as committed by the sponsors of the lenders.