Private sector credit growth fell to a 39-month low in December as businesses went on a cautious mode thanks to the mounting uncertainty centring on the 11th general elections.

The central bank yesterday rolled out a new credit rating system to rein in spiralling bad loans.

The telecom regulator has started its initial preparations for awarding licences to carriers for 5G mobile data service in 2020, said Bangladesh Telecommunication Regulatory Commission (BTRC) yesterday.

The growth of new internet connections fell 21.58 percent year-on-year to 1.09 crore in 2018, a three-year low.

Robi gained about two-third of the customers that have switched operators by way of the mobile number portability (MNP) service in the first three months of its roll-out.

The Asian Development Bank (ADB) and the government of Bangladesh sign agreements for $200 million in loans to improve the rural road network in Bangladesh.

Iffat Jahan Dina landed a well-paying job in a private bank soon after obtaining her Masters degree from Rajshahi University. She dedicated herself to the job, which she found gratifying.

A court in the Philippines yesterday convicted a former branch manager at Manila-based Rizal Commercial Banking Corp (RCBC) of money laundering, in the first conviction over the Bangladesh Bank reserves heist in which $81 million was stolen nearly three years ago.

Bangladesh's non-performing loan situation is not as dire as is being reported in the news media, said Finance Minister AHM Mustafa Kamal.

Paris is named the world's healthiest city in a report that looks at everything from the number of spas and yoga studios in each city to vegan dining options and green spaces.

World Bank Group President Jim Yong Kim unexpectedly resigned on Monday, more than three years before his term ends in 2022, amid differences with the Trump administration over climate change and the need for more development resources.

Bangladesh has been ranked 41st among the largest economies in the world in 2019, up from the 43rd position since last year, according to an analysis by a UK based think tank.

Despite the huge loan rescheduling spree, the four state-owned banks saw poor cash recovery from their top defaulters in the first nine months of 2018.

Bangladesh's garment shipment to Europe has expedited with the introduction of transshipment facility from Kolkata's Netaji International Airport on a pilot basis, exporters said.

The stockmarket has continued to maintain its post-election rally, reaching an eight-month high of 5,687 points yesterday.

The finance ministry will make a fresh start from today and will be beyond reproach, said AHM Mustafa Kamal after he was given charge of the ministry.

Chinese telecom giant Huawei has punished two employees for posting a New Year greeting on the company's official Twitter account using an iPhone made by arch rival Apple, an internal memo showed.

The process of collecting tax and complying with tax laws is changing fast. New generation computer software, real time reporting, artificial intelligence and machine learning technologies are transforming the tax systems of economies around the world.

Xiaomi has recently launched the latest model of its flagship Mi 8 series, Mi 8 Lite, in Bangladesh.

Loan rescheduling soared about 30 percent to Tk 10,963 crore in the first nine months of 2018, fuelling further fears for the sector.