Foreign investors demand 5pc corporate tax cut

Foreign investors in Bangladesh yesterday demanded cuts in corporate tax at least 5 percentage points to attract foreign funds and
28 February 2018

Every corrupt will be brought to book

The Anti-Corruption Commission will bring to book every people who are involved in banking scams as part of the move to create a
28 February 2018

First female chairman for a state bank

Luna Shamsuddoha, a prominent ICT entrepreneur, yesterday took over as the chairman of Janata Bank, making her the first woman
28 February 2018

Tk 1,683cr project to transform rail connectivity with India

The government is set to transform about 67 kilometres of meter gauge rail line into dual gauge for Tk 1,683 crore to provide railway
27 February 2018

IDRA to crack down on excessive commissioning

The Insurance Development and Regulatory Authority is set to crack down on excessive commissioning by insurance companies to get
27 February 2018

Ease visa, LC rules

Local exporters yesterday urged Austria to ease rules for visa processing and accept Bangladeshi banks' letters of credit in order to
27 February 2018

HC asks NBR to unfreeze Robi's bank accounts

The High Court yesterday unblocked Robi Axiata's bank accounts -- just a day after they were frozen by the revenue authority on
27 February 2018

5G, the cornerstone of the digital revolution

Blazing fast 5G wireless networks promise to unlock the potential of internet connected devices, or the Internet of Things -- making driverless cars and talking fridges a reality.
27 February 2018

Banglalink's 4G to reach all district HQs by June: CEO

Banglalink aims to provide 4G mobile services in all district headquarters by June this year, reaching about 30
26 February 2018

NBR freezes Robi's bank accounts over unpaid VAT

The National Board of Revenue yesterday froze the bank accounts of Robi Axiata Ltd, the country's second largest
26 February 2018

Robi logs Tk 280cr losses despite rise in subscribers

Robi, Bangladesh's second largest mobile operator, failed to register profit for the second straight year, counting net losses of Tk 280
22 February 2018

BB move to cheer up stocks as well

The central bank's move to extend the deadline for lowering the banks' loan-deposit ratio will give a boost to the stock market,
21 February 2018

Railway gets $360m boost from ADB

The Asian Development Bank has approved $360 million in loans to help Bangladesh buy modern rolling stock and support reforms in its railway.
21 February 2018

Leather goods exporters stare at tough times

Bangladeshi footwear and leather goods exporters are bracing themselves for tough competition in the global market after the Indian
21 February 2018

Shift from roads to rail: ADB okays $360m loan to Bangladesh

Asian Development Bank (ADB) has approved $360 million as loans to Bangladesh so the country can support its ongoing reform in the railway sector. The money will also be used to buy modern rolling stock Bangladesh Railway and to promote an overall shift from roads to rail, the ADB says in a news release on its website.
21 February 2018

Alif Industries to invest Tk 400cr to expand garment business

Alif Industries plans to invest Tk 400 crore to expand its business in the garment sector.
20 February 2018

Finance ministry can't stay mum over banking scams: Tofail

The finance ministry cannot remain silent in the cases of money laundering and misappropriation of money from the banking sector through irregularities, Commerce Minister Tofail Ahmed said yesterday.
20 February 2018

Banks breathe a sigh of relief

Banks got a respite from the ongoing liquidity crisis as the Bangladesh Bank yesterday extended the deadline to lower their loan-deposit ratio to December 31 from the previous time limit of June 30.
20 February 2018

HSBC more than doubles pre-tax profits to $17.2b in 2017

Banking giant HSBC more than doubled pre-tax profit to $17.2 billion in 2017, it announced Tuesday, after a recovery drive to streamline its business and slash costs.
20 February 2018

Robi launches 4G in 64 districts

Robi yesterday rolled out fourth-generation mobile internet service in all 64 district headquarters, giving it a leg up on its competitors in the new 4G era.
20 February 2018