IFIL declares 14.5pc cash dividend

Islamic Finance and Investment Limited has recently declared 14.5 percent cash dividend for its shareholders for the year that ended on December 31, 2017.
18 March 2018

New DMD for Shahjalal Islami Bank

Shahjalal Islami Bank has recently appointed Mian Quamrul Hasan Chowdhury as deputy managing director.
18 March 2018

Trust Bank gets new DMD

Trust Bank has recently appointed Junaid Masroor as deputy managing director.
18 March 2018

Attaining LDC graduation criteria: Bangladesh terms it a historic day

Bangladesh terms it a historic day as it attains all three criteria for graduation from the least-developed country (LDC) group to developing one.
17 March 2018

Bangladesh at 2018 Sentiments that will drive the Year

Predicting the future is rarely an easy task, but even partial indications of what would happen can give you a significant strategic edge. Hence, we are excited to launch the Business Confidence Index which gives you a sneak peak into what the private sector of Bangladesh is thinking—which industries are businesses most optimistic about? Which sectors may face difficulties? How do they feel about the profitability of their own enterprises? Where do they see the opportunity space for Bangladesh and what are the greatest challenges?
15 March 2018

Govt works on 3rd submarine cable

Bangladesh Submarine Cable Company Ltd (BSCCL) has kick-started the preparations for its third undersea cable link
13 March 2018

State banks, ICB to buy 60% shares of Farmers Bank: Muhith

Finance Minister AMA Muhith says that state owned banks and Investment Corporation of Bangladesh (ICB) will buy 60 percent shares of trouble-hit The Farmers Bank Limited.
8 March 2018

Vietnamese keen to invest in telecom, textile

Vietnam wants to invest in telecom, agriculture, IT, textile, oil and gas, infrastructure sectors of Bangladesh due the country's low-cost
6 March 2018

ADP outlay slashed 4pc

The government has slashed the development budget for the current fiscal year by about 4 percent by reducing its reliance on aid and
6 March 2018

Allocation for Rohingyas in next budget: Muhith

The government will allocate funds for the Rohingyas in the next budget as all the financing needed to feed them will not come from
6 March 2018

Domino's Pizza to set foot in Bangladesh soon

Domino's, the world's largest pizza chain, is set to serve its famed pies to Bangladeshi customers within the next three months,
6 March 2018

Telecom operators seek tax exemptions

The telecom operators want the upcoming national budget to withdraw the 21.75 percent VAT, supplementary duty
5 March 2018

Fast 5G beckons, but still far off for most mobile users

The telecoms world is gearing up for 5G, the next generation wireless technology that promises to go beyond
3 March 2018

Don't tax SIM upgrades

A consumer platform yesterday demanded the National Board of Revenue refrain from charging Tk 100 as VAT on
3 March 2018

BB gets third deputy governor

Ahmed Jamal has recently been promoted as the third deputy governor of Bangladesh Bank.
1 March 2018

Robi concedes defeat, will pay Tk 18.72cr VAT to NBR

Robi Axiata yesterday agreed to pay unpaid value-added tax and supplementary duty amounting to Tk 18.72 crore, bringing an end to
1 March 2018

BTRC to block 30 lakh SIMs for breaching rules

The Bangladesh Telecommunication Regulatory Commission is set to block 30 lakh SIMs without any prior notice as their owners had
1 March 2018

Rules changed thrice in four years

The government has amended the electoral rules of Grameen Bank for the third time in four years after its previous
1 March 2018

Private credit growth hits 18.36pc

Private sector credit growth continues its forward thrust despite liquidity crisis and rising interest rates as businesses jump into an
1 March 2018

Bangladesh must grow 10pc annually for 20 years: ADB chief

Bangladesh needs to clock in at least 10 percent economic growth for the next two decades if it wants to become a developed country
28 February 2018