Banks weighed down by bad loans, lack of quality manpower

Rising non-performing loans (NPL) and the dearth of quality personnel are the major challenges facing the banking sector, said a top banker.
4 July 2017

Central bankers want more talks, not coordination

There is no behind-the-scenes pact between powerful central bankers to tighten policy but the potent effect their actions have on
3 July 2017

BB updates SME terms

Bangladesh Bank (BB) has updated its definition of micro, cottage, small and medium enterprises in line with the National Industrial
2 July 2017

Govt urges banks to provide Tk 20,000cr for power projects

The government has urged banks to channel Tk 20,000 crore into the power sector over the next six months to fast-track quick rental
2 July 2017

Exporters count losses for EU air cargo ban

Exporters are facing extreme difficulties in shipping their goods to the European Union due to a ban on direct cargo flights from Dhaka to the 28-nation bloc.
29 June 2017

Tourist destination: 4 waterfalls of Mirsharai

Even two years ago the Napittyachora village in Mirsharai upazila of Chittagong was rarely visited by outsiders. But now, several hundred tourists pay their visit on a daily basis.
27 June 2017

Cyberhacking incidents seen too costly for banks: Kaspersky

A Russian-based IT security firm said that banks interrupted by cyberhacking also have to deal with data loss, damage to brand reputation and leakage of confidential information.
24 June 2017

Thailand top milk exporter, India top producer in Asia

India is the world's largest milk producer, with 18 percent of global production, followed by the US and China. But when it comes to milk export, Thailand is the largest milk exporter in Asia.
24 June 2017

Shahjalal Islami Bank gets new AMD

M Shahidul Islam has joined Shahjalal Islami Bank as additional managing director, according to the bank.
21 June 2017

ADB gives $300m for Ctg-Cox's Bazar rail link

The government yesterday signed agreements with the Asian Development Bank to get $300 million in loans to build a dual-gauge rail link between Chittagong and Cox's Bazar with the view to promoting trade and regional connectivity.
21 June 2017

Robi fined Tk 2.5 lakh for deceiving subscriber

Mobile phone operator Robi has paid a Tk 2.5 lakh fine for deceiving a subscriber in Khulna.
21 June 2017

6 mobile operators pay Tk 855cr revenue

The government has earned Taka 855 crore as revenue from the six mobile phone operator companies during fiscal 2016-17, State Minister for Post and Telecommunication Tarana Halim tells parliament.
20 June 2017

Tk 2000cr for refinancing state banks injustice: Bablu

Jatiya Party lawmaker Ziauddin Ahmed Bablu blasts Finance Minister AMA Muhith for allocating Tk 2000 crore in a bid to refinance different state banks in the proposed budget for FY 2017-18.
20 June 2017

Asean and South Asia take lead in infrastructure race

Asean and South Asia are building infrastructure at an unprecedented rate. Anyone who travels the capital cities of this region knows it
19 June 2017

BB reconsidering cap on credit card interest rate

Bangladesh Bank is weighing the case for resetting the cap on credit card interest rate it had set last month following fervent protest from banks.
19 June 2017

China freezes 1,000 bank accounts of Burmese traders

Transactions in Muse are becoming difficult as Chinese banks have frozen over 1,000 bank accounts with estimated deposits of Ks40 billion (US$29.42 million) belonging to Burmese traders.
19 June 2017

Malaysia to impose tourism tax

The Malaysian government is going ahead with its tourism tax to be imposed from July 1.
17 June 2017

US has trade deficits with most Asian partners

The US imports more from Asian countries than it exports and as per available data the US runs trade deficits with most of Asian countries except Singapore. The US has trade surplus of $8 billion with Singapore.
17 June 2017

BASIC Bank to get fresh Tk 1,000cr

Scam-hit BASIC Bank is set to get Tk 1,000 crore of taxpayers' money to once again meet its capital deficit despite criticism from economists.
15 June 2017

SIM card sales suspended for 18hrs today

Sales or replacement of SIM cards will remain suspended for 18 hours from 8pm today as the telecom regulator will update its central biometric verification monitoring system during the period.
14 June 2017