Top bankers yesterday decided to bring down the interest rates on both the loans and deposits to single-digit from July 1.

Making phone calls or browsing internet has so far been a dream for Bangladeshi passengers while on a flight, but the wait would soon be over as Biman Bangladesh Airlines is set to introduce the service in September.

Finance Minister AMA Muhith yesterday hinted that he would take some 'special measures' for the banking sector next month.

The signing of the much needed free trade agreements (FTAs) with the important trading partners is still far away for Bangladesh as many countries are not showing interest to go for such deals, despite the hectic efforts over the years.

Bangladesh will bring down the cost of internet, finally, bowing to the long overdue demand of consumers and ICT-related trade bodies.

Bangladesh Bank (BB) yesterday tightened measures to discourage rice imports with a view to ensuring fair prices for growers.

Bangladesh Bank yesterday instructed non-bank financial institutions (NBFIs) not to send text messages through mobile phones to attract deposits.

Prices of newly listed companies continue to rise abnormally on the Dhaka Stock Exchange without any apparent reason, which experts said may eat up general investors' money.

The third annual meeting of the Asian Infrastructure Investment Bank wrapped up yesterday with calls from one of its earliest champions, Indian Prime Minister Narendra Modi, to scale up its lending tenfold over the next two years.

Banks are sticking to their directors' decision to bring down the lending rates to 9 percent from July 1 amid growing dilemma over how to execute the plan for a large number of loan products.

The jute ministry is working on a policy to form a Tk 10,000 crore fund to provide low-cost loans for the development of the nearly $1 billion export earning jute sector.

The Asian Development Bank's board of directors has approved a $500 million loan to develop a modern 800 megawatt power plant in Khulna along with associated connections to natural gas and power transmission facilities.

Finance Minister AMA Muhith yesterday lambasted the Jatiya Party lawmakers for being critical of the proposed national budget for 2018-19.

Md Shirajul Islam Mollah has recently been elected as the chairman of the executive committee of Prime Bank.

Banks have failed to make enough progress on their Brexit preparations and should not expect “miracle” public intervention to help them, the European Union's banking watchdog said on Monday.

Commerce Minister Tofail Ahmed yesterday urged the international clothing retailers and brands to increase the prices of Bangladeshi garment items as the local manufacturers improved compliance spending billions of dollars.

Social Welfare Minister Rashed Khan Menon yesterday came down heavily on Finance Minister AMA Muhith, saying that the ministry and

Private commercial banks have sought regulatory support to bring down lending rates to single digit from July 1.

The revenue administrator has raised the age limit for VAT-free import of ships by seven years to 22 years in an effort to accelerate growth of oceangoing ships industry.

The government plans to introduce a uniform call rate for mobile phones to establish a level playing field for the country's telecom operators.