Japanese Sakata Inx is set to invest $10 million to establish a liquid ink manufacturing plant in the Meghna Industrial Economic Zone (MIEZ), a development that can reduce the country's import dependency of the product.

Janata Bank logged in losses of Tk 3,132 crore in the first nine months of 2018, a stunning reversal in fortune for the state-owned bank as loan irregularities finally take a toll.

Safiul Alam Khan Chowdhury has recently been reappointed additional managing director of Pubali Bank for three years.

The telecom regulator withdrew the 37-hour suspension on mobile internet services yesterday at 10am.

Shrimp processors finished the first half of fiscal 2018-19 amid lower export receipts than a year earlier, with a revival in fortunes progressively looking unlikely in the second half, said exporters yesterday.

Private banks reported hefty operating profit in the just concluded year, helped by the much higher interest rate on lending than that on deposits.

Faster internet service has been switched back on 37 hours into its suspension.

The banking sector's capital base strengthened in the third quarter of the year as state-run Sonali Bank got a shot in the arm from the central bank as it exercised its 'regulatory forbearance' right.

The domestic tourism sector has been hit hard by the escalating tension surrounding Sunday's general elections as visitors stay away from popular tourist destinations such as the Chittagong Hill Tracts, Cox's Bazar and Sylhet for fear of getting stranded.

Indian government has decided to rename three islands in Andaman and Nicobar - Havelock Island to Swaraj Dweep, Neil Island to Shaheed Dweep and Ross Island to Netaji Subhas Chandra Bose Island.

Farmers Bank is set to be renamed Padma Bank as the troubled bank looks to sweep the gross irregularities and loan scams under the carpet and get an image makeover.

The government's borrowing from the banking system shot up in the last two months to meet its expenditure ahead of the national election scheduled next week.

All banks will remain closed on the last four days of the year because of weekend, general holiday for election and bank holiday.

The central bank has agreed to sit with the Law Commission after top bankers called for steps to bail banks out of a huge backlog of court cases related to nonperforming loans.

Ashraful Haq Chowdhury has recently been elected as independent director of Bank Asia.

State-owned mobile operator Teletalk finally launched 4G (fourth generation) mobile data services commercially in the capital, some 10 months behind the market's remaining three private wireless carriers.

On January 29, 2015, the Bangladesh Bank issued a new large loan restructuring policy to stand by big borrowers in trouble.

Mobile phone subscribers can now purchase digital services worth up to Tk 600 a month using his/her balance, a development that is expected to give a boost to local app and game developers.

Bangladesh's tourism sector has grown with the pace of the country's economic growth in the past decade, as more and more people are having sizeable disposable income.

The High Court issues a ban on hiking the mobile call rate and charge for call drop from subscribers. The court also directs the government to form a committee to determine the call rate.