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Some 78 percent of banks in Bangladesh do not have a disaster recovery plan in place, putting themselves at risk of those spawning from various calamities, according to a survey.

Bangladesh Bank has declined to give City Bank the permission to set up a subsidiary company in Hong Kong given the declining imports from the Asian nation.

Bangladesh Telecommunication Regulatory Commission (BTRC) is set to take legal action against five mobile phone operators for failing to deposit into the exchequer Tk 100 crore of unused prepaid balance found in SIMs that were blocked between 2008 and 2014.

Two local companies have filed petitions with the Indian authority for reviewing the anti-dumping duty imposed on shipment of a textile chemical from Bangladesh, officials said.

Five years ago, with forged documents, Bismillah Towels made off with Tk 180 crore from Jamuna Bank -- an incident that instigated wholesale changes in the way the third generation lender functions.

The International Finance Corporation has struck an agreement with the National Board of Revenue to provide technical assistance to the tax administrator in order to help improve Bangladesh's trade competitiveness.

The Exim Bank of India is going to begin operations in Bangladesh from next month to facilitate smooth implementation of projects under India's line of credit.

Exim Bank of India is set to relax one of the major conditions for the projects under the $4.5 billion line of credit extended to Bangladesh for smooth implementation of the projects.

The Asian Development Bank expects Bangladesh's gross domestic product to grow at 6.9 percent in fiscal 2018, down from the preliminary official estimate of 7.2 percent, due to weak domestic demand.

Domestic airlines and hotels in Cox's Bazar are seeing a spike in occupancy as government officials, human rights activists and

Mobile operators have once again sought government permission for using local funds to invest in 4G services, something barred in a

Local handset brand Walton has started assembling smartphones on a trial basis at its own plant in Gazipur with hopes of starting

APPLE Inc's launch of the iPhone 8 kicked off with less fanfare on Friday than new models in previous years in the United States, Asia,

Mobile phone operators of the country will face legal actions if they are found involved in selling SIM cards to Rohingya refugees, State Minister for Post and Telecommunications Tarana Halim says.

BASIC Bank's new management managed to recover cash amounting to Tk 1,204 crore in the last three years but its overall financial condition continues to remain weak.

Mobile users can brace themselves for faster 4G services by December if the licences are handed out in November, a minister said.

Teletalk will not survive if the government does not allocate adequate funds for the state-run mobile operator, said Tarana Halim, state minister for telecom, yesterday.

I have written many times in the past about the need to address the governance issues in the state-owned commercial banks (SCBs).

Bangladesh Bank has been elected as the vice-chair of the board of Alliance for Financial Inclusion (AFI) for two years. The election took place in the second annual general meeting of AFI during its ninth Global Policy Forum held on September 12-15.