BIBM proposes Tk 200cr credit guarantee scheme for SMEs

The Bangladesh Institute of Bank Management (BIBM) yesterday proposed the government launch a Tk 200 crore credit guarantee scheme to encourage banks to lend more to small and medium enterprises.
15 November 2018

Agent banking expands fast

Agent banking, which takes banking services to the unbanked people, is going from strength to strength, with both deposit collection and loan disbursement on the rise.
15 November 2018

42,150 SIMs seized for illegal VoIP

Incoming international voice calls dropped 50 percent to 3.5 crore minutes a day in two years thanks to illegal call routing channels,
11 November 2018

Novoair opens Kolkata sales office

Novoair last Friday opened a sales office at Chowronghee Mansions, Dr Md Ishaque Road (Kyd Street) in Kolkata, where it operates two daily flights.
11 November 2018

UAE's Cozmo Travel now in Bangladesh

Cozmo Travel, one of the largest and leading travel agencies in the United Arab Emirates (UAE), yesterday launched its services in Dhaka to hook business from the growing number of Bangladeshi travelers.
11 November 2018

Dhaka Bank CEO reappointed

Dhaka Bank has recently witnessed the reappointment of Syed Mahbubur Rahman as managing director and CEO.
11 November 2018

Corruption can be found even at ACC: NBR chairman

Various types of corruption of the anti-graft body could be found if anyone looks into its affairs objectively, said National Board of Revenue (NBR) Chairman Md Mosharaff Hossain Bhuiyan yesterday.
11 November 2018

Japan’s Honda opens motorcycle plant

Japan automobile giant Honda yesterday inaugurated its motorcycles manufacturing plant in Bangladesh, in what can be viewed as a watershed moment for the country's industrial capabilities.
11 November 2018

Indiscipline in economy to slow SDG progress

The rampant indiscipline in the economy would turn out to be a big impediment to achieving the Sustainable Development Goals, said a noted economist yesterday.
10 November 2018

Bank Asia brings banking services to apparel workers

Bangladesh's efforts to deepen financial inclusion took a step forward yesterday as Bank Asia launched the country's first-ever complete banking services on the premises of a garment factory.
10 November 2018

Regent offers up to 50pc discount

Regent Airways is offering up to 50 percent discount on tickets on six international and four domestic routes marking its eighth anniversary.
10 November 2018

Govt gets keys of Bangabandhu Satellite

Bangladesh was yesterday handed over the keys of Bangabandhu Satellite-1 by its manufacturer Thales Alenia Space, meaning the government can finally start monetising the Tk 2,765.66 crore-project.
8 November 2018

68pc Bangladeshis pay no income tax: CPD survey

Some 68 percent of the population do not pay tax despite having taxable income, according to a study by the Centre for Policy Dialogue.
8 November 2018

Control by a few detrimental to banks

Ownership of a number of banks by a few individuals and families has contributed to the deterioration of corporate governance in the banking industry and erosion of competitiveness of local lenders, a study said.
8 November 2018

SMEs still under-utilised

The potential of small and medium enterprises is yet to be fully utilised in Bangladesh although they have the ability to create numerous jobs and increase contribution to the gross domestic product, a study finds.
8 November 2018

Internet penetration slows in 4G era

The growth of internet in the first nine months of the year has been the lowest in three years despite the roll out of the faster 4G mobile data service in February.
8 November 2018

EBL receives IFC global awards

Eastern Bank Limited (EBL) has recently received two global awards from International Finance Corporation (lFC) of World Bank Group.
8 November 2018

Maldivian to run 4 Dhaka to Chennai, Male weekly flights

Maldivian, the national carrier of Maldives owned and operated by Island Aviation Services, is set to commence an additional flight from Dhaka to Chennai and Male from November 15.
7 November 2018

GP bags 5m active 4G internet users

Grameenphone hits the milestone of 5 million active users in 4G internet. The private telecom operator becomes the first operator of the country through this achievement this week, GP says in a press release.
7 November 2018

'Almost all' Pakistani banks hacked in security breach, says FIA cybercrime head

In a shocking revelation, the head of the Federal Investigation Agency’s (FIA) cybercrime wing says data from "almost all" Pakistani banks was looted in a recent security breach.
7 November 2018