Palli Sanchay Bank launches online banking solution

Palli Sanchay Bank has introduced online real-time core banking solutions to provide quick services through the digital platform.
26 August 2017

20 defaulters account for state banks' one-third bad loans

The top 20 defaulters accounted for one-third of the state banks' total default loans in the first half of 2017, according to the finance
26 August 2017

Local card transactions must go thru' national payment switch: BB

The central bank yesterday issued a notice that mandated domestic card transactions with its national payment switch, which is yet to be EMV-compliant and remains vulnerable to fraud.
24 August 2017

BTRC may allow mobile virtual network operator

The telecom regulator considers allowing mobile virtual network operators (MVNO) with a view to injecting more competition into the cellular communication market.
24 August 2017

WB gives $59m hard credit for power sector

Bangladesh is set to take a $59 million loan for the power sector from the World Bank at non-concessional terms for the first time.
24 August 2017

Samsung unveils Galaxy Note 8 with smarter S Pen

Samsung Electronics Co's Galaxy Note 8 showcases boasts improved stylus-related features like letting users easily create Graphics Interchange Format content and dual-lens camera arrangement.
24 August 2017

Samsung unveils Galaxy Note 8 with smarter S Pen

Samsung Electronics Co's Galaxy Note 8 showcases boasts improved stylus-related features like letting users easily create Graphics Interchange Format content and dual-lens camera arrangement.
24 August 2017

Tech-savvy Japan now a laggard in E-payments

Japan, a pioneer in mobile “e-wallet” payments in 2004, has, ironically, since become a serious laggard on this front. Less than 20 percent of the payments are cashless, in the country.
24 August 2017

Maintain warm relations with EU to boost exports

Bangladesh should focus on building a very warm relationship with the European Union (EU) countries to export more and attract foreign direct investment as well.
23 August 2017

Standard Chartered: Standing beside the private sector

Standard Chartered Bank's history in Bangladesh dates back to 1905. For 112 years the bank remained open for business and stood a
23 August 2017

Banks donate Tk 85cr for the flood-hit

Private banks yesterday donated Tk 85 crore to the Prime Minister's Relief Fund for rehabilitation of flood-hit people as part of their corporate social responsibility activities.
23 August 2017

Thailand probes ‘massive port authority scam’ involving 560 employees

Thailand's Department of Special Investigation (DSI) discovers graft scam involving 560 employees including many high-ranking officials of the Port Authority of Thailand (PAT) and cost between US$9 million and US$12 million.
23 August 2017

BB relaxes loan rules for flood-hit farmers, SMEs

Bangladesh Bank has relaxed its loan rescheduling rules and suspended loan recovery for six months for the farmers and small
22 August 2017

Banglalink starts investing $500m in 4G network

Banglalink has started investing a significant amount of money to upgrade its network to offer 4G services and provide seamless
22 August 2017

Govt worried as Teletalk is losing customers

Teletalk's customer base is fast shrinking as the state-run mobile operator continues to lag far behind the private carriers in terms of
22 August 2017

Credit card market still untapped

Corporate executives and businessmen quite often get stupefied with phone calls from banks selling credit cards.
22 August 2017

Perks of having a credit card

Credit card: two words the mention of which turn many into full-blown cynics.
22 August 2017

Industry welcomes updated credit card guideline

An updated guideline on credit card operations, resetting of the highest interest rate, provisioning requirement for default loans and the doubling of the credit limit will not only boost expansion of the electronic payment method but also speed up the digital transformation, said industry players.
22 August 2017

Major growth barriers

Bangladesh's economy is driven by a flurry of activity in two of its major cities -- Dhaka and Chittagong -- one the political and administrative capital and the other the commercial capital.
22 August 2017

Robi charged Tk 3cr for delayed payment of merger fees

The telecom regulator has slapped Robi with a Tk 3 crore late fee for delayed payment of merger fees and spectrum adjustment charges for its much discussed union with Airtel.
20 August 2017