HC again summons Jamuna Bank MD

The High Court yesterday again summoned Shafiqul Alam, managing director of Jamuna Bank, to appear before it on February 12 and explain his inaction to comply with a 2017 directive.
29 January 2019

GP logs record profit

Grameenphone logged a record Tk 3,520 crore profit last year, its highest to date, driven by significant growth in voice and data
28 January 2019

4G not flourishing for handset dearth

The initial enthusiasm for fourth generation (4G) mobile services has started to fall off in the absence of affordable 4G-enabled handsets in the country, Robi officials said in an event yesterday.
27 January 2019

RMG exports to India can hit $2b in 2yrs

Bangladesh has the capability to export $2 billion worth of apparel to India in the next two years on the back of its duty-free access to the market and rising demand for garment items at competitive prices, said Commerce Minister Tipu Munshi yesterday.
27 January 2019

Set up handset radiation measuring lab

Mobile phone users yesterday called for setting up a laboratory to measure the radiation of devices as per the standard of the International Commission on Non-Ionising Radiation Protection and banning handsets found to be health hazard.
26 January 2019

Establish handset radiation measuring lab: Speakers

Association of mobile phone users asks the authorities concerned to set up proper laboratory to measure the radiation level of mobile devices as per the standard of International Commission on Non-Ionizing Radiation Protection and ban the devices hazardous to health.
26 January 2019

Agrani Insurance evades huge VAT

A policyholder of Agrani Insurance Company Ltd paid a premium of Tk 270,094 against a fire insurance policy in May 2016. The required value-added tax on the premium was Tk 40,514.
24 January 2019

Tax receipts slow

Tax collection growth slowed down in the first half of fiscal 2018-19, in what can be viewed as a major setback for the government's efforts to ramp up revenue.
24 January 2019

Legal notice seeks inquiry in bank irregularities

A rights group has served legal notice to the government for an inquiry into irregularities in the banking sector of Bangladesh during the last 20 years.
23 January 2019

One-third handsets imported illegally

About 30 percent of the 10 crore mobile handsets currently in use in Bangladesh were imported illegally, said the telecom regulator
22 January 2019

Mashrur Arefin new MD of City Bank

City Bank has appointed Mashrur Arefin as its new managing director and chief executive officer.
21 January 2019

Export source tax cut effective from Jan 1: NBR

Banks will have to deduct 0.25 percent source tax on exports of apparel and other items, except for jute goods, with effect from the first day of January, said the National Board of Revenue (NBR) recently.
21 January 2019

Mobile phone assembly picks up momentum

Local handset plants churned out 23 lakh units in 2018, with the government's policy that compelled importers to set up plants in the country looking to bear fruit.
21 January 2019

Option for locking stolen phone soon: BTRC

Bangladesh Telecommunication Regulatory Commission (BTRC) will start to work from tomorrow to launch the service called International Mobile Equipment Identity number (IMEI) database.
21 January 2019

Cyber heist: Bangladesh Bank to file case with NY court by Jan

Bangladesh Bank will file a case with a New York court by this month over the cyber heist of its reserves in which $81 million was stolen nearly three years ago.
20 January 2019

New vice chairman for Standard Bank

Standard Bank recently saw the election of one of its founding directors, Mohammed Shamsul Alam, as vice chairman.
20 January 2019

Banks blame influential quarter for rising bad loans

Habitual and influential defaulters are the main barriers to bringing down delinquent loans in the state-owned commercial banks, according to the assessment of the lenders.
20 January 2019

Largest private economic zone to be ready this year

The country's largest private economic zone, Sirajganj Economic Zone Ltd (SEZL), may open for entrepreneurs within this year.
19 January 2019

Bank Asia observes agent banking day

Bank Asia celebrated its Agent Banking Day 2019 at Bhabanipur Bazar of Sirajdikhan upazila in Munshiganj yesterday.
17 January 2019

Ctg customs to sue two firms

The customs house of Chattogram is going to sue two firms—Grambangla Food Corporation and M/S N Islam Enterprise—on charges of money laundering in the name of goods import.
17 January 2019