Bad banks should merge with good ones: Muhith

The banks that are performing poorly should be merged with the better performers, Finance Minister AMA Muhith said yesterday.
21 December 2016

Robi yet to clear all merger fees

Mobile phone operator Robi is yet to pay Tk 108.83 crore in merger fees and spectrum amalgamation charges to the telecom
20 December 2016

Banks unwilling to reward good borrowers

Only one bank out of the 57 operating here has so far offered incentives to its good borrowers in compliance with a Bangladesh Bank
20 December 2016

Ancient barter trade returns to eastern Indian farmlands after note ban

Farmers in eastern India have fallen back on the exchange of labour to tide over the crash crunch after the launch of the government's demonetisation drive in villages.
20 December 2016

Monitor honours four heroes in travel and hospitality industry

Bangladesh Monitor has recognised four individuals for their contribution to the development of the country's travel and hospitality
18 December 2016

India offers more time to black money hoarders to come clean

The Indian government has extended the span of the income declaration scheme from Dec 17- March 31.
17 December 2016

Overseas calls in freefall as mobile apps take hold

International call volume through the legal channel continued its slide in fiscal 2015-16 as free mobile applications like Viber,
15 December 2016

GP broke with internal guideline for sponsorship

Grameenphone breached its internal guidelines in 11 of its 250 sponsorship agreements, including one with the police, said the mobile operator's parent company Telenor Group after an internal audit.
14 December 2016

SWIFT confirms new cyber thefts, hacking tactics

Cyber attacks targeting the global bank transfer system have succeeded in stealing funds since February’s heist of $81 million from the Bangladesh central bank as hackers have become more sophisticated in their tactics, according to a SWIFT official and a previously undisclosed letter the organization sent to banks worldwide.
13 December 2016

GP’s sponsorship deals breached internal guidelines: Report

Grameenphone breaks with its internal guidelines in 11 of 250 sponsorship agreements, including one with the police, the mobile operator’s parent company Telenor says in a statement after an internal audit.
13 December 2016

Regent starts flight to Kathmandu on Dec 21

Regent Airways will start its flight to Kathmandu from Dhaka on December 21, the airline said in a statement on Monday.
7 December 2016

Mobile internet grows 7.87pc in September

The number of mobile internet connections rose 7.87 percent to 6.3 crore in September compared to the previous month, according to
7 December 2016

BB directs banks to form sustainable finance units

The central bank has asked financial institutions to create a sustainable finance unit, to help the country achieve the sustainable development goals or SDGs.
5 December 2016

Bangladesh seeks duty-free access to KL market

Bangladesh has sought duty-free market access for its products to Malaysian market to boost trade ties between the two countries further which is on an uptrend.
5 December 2016

Garment exports to Italy, Japan remain unhurt

Bangladesh's garment shipments to Italy and Japan, the nationals of which were killed in a terrorist attack in Dhaka in July, remained unscathed in July-October -- a development that will bring a heavy sigh of relief among exporters.
4 December 2016

Philippines urges Bangladesh to share results of heist investigation

The Philippine government wants Bangladesh to share the findings of its investigation into how unknown hackers pulled off one of the world's largest cyber bank heists, to help speed up recovery of the stolen funds.
4 December 2016

Foreign investments in Singapore property at 9-year high

Singapore is seen as a safer investment destination in turbulent world. Mega office deals helped drive foreign investment in local real estate to its highest level since 2007.
4 December 2016

Huawei launches new handset in Bangladesh

Huawei unveiled its advanced dual camera device Huawei GR5 2017 for the Bangladesh market on Friday.
3 December 2016

A weak taka brings cheers to exporters and remitters

After nearly a year of stable exchange rate, the taka has started to weaken against the dollar -- a development that is cheering up
1 December 2016

Samsung Electronics eyes separation in reform plan

Samsung Electronics said Tuesday it was considering splitting the company into two as it faces growing pressure to overhaul its
29 November 2016