Telcos invested $1 billion for 4G

Mobile phone operators have invested around $1 billion for starting fourth generation (4G) mobile service in the country so far, Association of Mobile Telecom Operators of Bangladesh (AMTOB) says.
22 April 2018

New rules on cards to fine telcos for noncompliance

The BTRC is finalising a new set of regulations under which the telecom and internet service providers will have to pay the penalty for
19 April 2018

Owners of CNG auto-rickshaws to be taxed

The owners of CNG-run auto-rickshaws will be brought under the tax net in the upcoming fiscal year, said National Board of Revenue
19 April 2018

Tourism fair thrives on Eid travellers

The Tour Operators Association of Bangladesh have organised a three-day fair with a view to enabling those who want to travel during
19 April 2018

BB mulls guideline to recover bad loans

The central bank has asked the Association of Bankers Bangladesh (ABB) and the Bangladesh International Arbitration Centre (BIAC) to draft a guideline to recover non-performing loans and amend relevant laws.
18 April 2018

Stocks rise riding on banking shares

Dhaka stocks rose 0.77 percent yesterday on the back of the upward movement of banking shares.
18 April 2018

Online fund transfer to any bank from June

Fund transfer to any Bangladeshi bank account through online banking will become possible from June, in a development that promises to be a great timesaver for bank customers.
18 April 2018

3-day int’l tourism fair to begin Thursday

The three-day international tourism fair will begin in Dhaka on Thursday with the participation of 11 countries to expedite and promote tourism sector in Bangladesh.
17 April 2018

‘Number of tourists increasing in Bangladesh’

The number of tourists both domestic and foreign has increased significantly in Bangladesh after the tourism sector saw setback due to political violence and militancy, according to tourist police.
17 April 2018

Telcos seek duty benefit for 4G handsets

Mobile phone operators yesterday sought duty benefits for the import of 4G-enabled handsets, which would help in reducing cost of such devices
16 April 2018

Banks donate Tk 163cr to PM's relief fund

The Bangladesh Association of Banks, a forum of private banks' directors, has donated Tk 163 crore to the Prime Minister's Relief and Welfare Fund.
15 April 2018

Banks have no deposit crisis

There is no fund crisis in the banking sector, rather the problem lies with the distribution of the deposits, a top banker said yesterday.
15 April 2018

Banks have no deposit crisis

There is no fund crisis in the banking sector, rather the problem lies with the distribution of the deposits, a top banker said yesterday.
15 April 2018

Stocks continue sliding

Shares on the Dhaka Stock Exchange fell for the fourth consecutive day yesterday as investors continue booking profit.
15 April 2018

Farmers Bank loan scam: ACC quizzes Chisty, 3 others

The Anti-Corruption Commission grills four accused including Farmers Bank's former Audit Committee chairman Mahabubul Haque Chisty in a case filed over embezzlement of Tk 160 crore and irregularities in loan disbursement.
15 April 2018

Deal signed for Bangladesh's first 'Digital Islami Wallet'

Financial technology service provider Dmoney signed an agreement with Al-Arafah Islami Bank Limited at the latter's head office in Dhaka yesterday to launch the country's first “Digital Islami Wallet”.
12 April 2018

State banks' default loans cross Tk 55,000cr

The amount of default loans of state-owned banks has reached Tk 55,095 crore as of January 2018, Finance Minister AMA Muhith yesterday told parliament.
12 April 2018

Mobile operators suffer for utility work, outages

Mobile operators' network quality is suffering for the fibre optic cable cut and power shortage across the country in recent times.
12 April 2018

4G: telcos grin, users frown

Data consumption by the 4G users has doubled since the fourth-generation service was launched seven weeks ago, but customers' overall experience has not been satisfying so far.
12 April 2018

No surprises in next budget: Muhith

There is unlikely to be any surprise fiscal measure in the budget for fiscal 2018-19 as the impending general election at the end of the year weighs heavily on the ruling party's mind.
12 April 2018