Telcos reluctant to compensate for call drops

Mobile phone operators gave back only a third of the minutes payable to users because of massive call drops in the year to September, highlighting their reluctance to compensate customers, according to the telecom regulator.
22 October 2018

Top management's failure at the heart of banking woes

The current ailments in the banking sector -- such as soaring non-performing loan, liquidity crisis, loan scams and forgery -- are due to lack of strong leadership, said a top official of the central bank.
22 October 2018

Robi gains, GP loses

Robi has pulled in 16,916 customers to its network from three rivals in the first three weeks after the mobile number portability was rolled out, according to a report of the telecom regulator.
21 October 2018

Bangladesh slips a notch

Bangladesh has come down one spot in the World Economic Forum's Global Competitiveness Index thanks to a change in methodology to better reflect today's rapidly changing, increasingly digitised world economy.
17 October 2018

Now '013' too GP

Grameenphone begins selling its new phone number series starting with ‘013’.
14 October 2018

Asia’s most visited countries

China attracts the highest number of tourists in the region with a record number of inflow of 59.27 million people in the year 2016.
13 October 2018

5th mobile assembly plant opens today

Mobile handset assembling is set to expand further in the country as a fifth company is set to officially announce its enrolment today with its own “5 Star Mobile” brand.
11 October 2018

AB Bank MD steps down

AB Bank Managing Director Moshiur Rahman Chowdhury yesterday handed in his resignation 17 months into his three-year term at the helm of the first generation private commercial bank.
11 October 2018

Ecnec’s flurry of project approval continues

The Ecnec yesterday approved 17 projects including one for land acquisition to elevate the Faridpur-Kuakata highway into a four lane one to establish smooth communication with the tourist spot.
11 October 2018

Too many compliance reports raise costs for banks: paper

Commercial banks have to submit scores of reports on compliance -- on average 263 a year -- to the central bank, which a new paper says do not reflect the reality but raise costs for the lenders.
4 October 2018

Buy handsets with ease

The telecom regulator has finalised a directive that will soon allow those with no credit card to enjoy equal monthly instalment facility to purchase high-end smartphones from mobile operators.
4 October 2018

SIBL gets new AMD

Kazi Towhidul Alam has recently been appointed as the additional managing director of Social Islami Bank Ltd (SIBL).
2 October 2018

WB projects 7% growth for Bangladesh in FY19

World Bank has projected a seven per cent growth rate for Bangladesh in the fiscal 2018-19. The report ‘Bangladesh Development Update: Powering the Economic Efficiency’ said Bangladesh’s economy is still one of the fastest growing economies in the developing world.
2 October 2018

Now you can use any operator keeping same mobile number

The much-awaited mobile number portability (MNP) service is launched for the first time in Bangladesh. With this Bangladesh becomes the 72nd country to make the service available.
1 October 2018

Banks' board meetings should discuss scheduled issues only: BB

Bangladesh Bank yesterday asked banks' directors not to take decisions in the board meetings on topics not included in the agenda of the day.
30 September 2018

Telcos spend Tk 104cr on digital marketing

The top three mobile operators spent Tk 104 crore last fiscal year for reaching their target audience through digital platforms, with Facebook being the most popular medium.
30 September 2018

The power of SMEs

When you think of starting a business in Bangladesh, you almost immediately think of exploring your options in the garments sector. You might even take the risk of venturing into the food business or any other 'tested and tried' sector that is bound to give an instant reward.
27 September 2018

Most advanced data centre set for test run

A test run of Bangladesh's first Tier 4 national data centre, comprising the most advanced technology in use around the world, will begin in the first week of October as part of the government's move to boost the country's data storage capacity.
25 September 2018

Use software to keep accounts

In a bid to automate the value-added tax system, the revenue authority has ordered businesses clocking more than Tk 5 crore in annual turnover to use software in maintaining accounts and keeping tax-related records.
23 September 2018

JV to invest Tk 500cr in steel plant

Japan's Nippon Steel has formed a joint venture company with Bangladesh's McDonald Steel Building Products Ltd to set up an import substitute plant in the Mirsarai Economic Zone in Chattogram.
23 September 2018