State banks still dogged by malpractices

State banks continue to be afflicted by large-scale financial felonies despite the government efforts in recent years to stop picking up
28 November 2016

StanChart to cut 10pc of corporate, institutional banking staff

Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct
28 November 2016

Samsung to unveil shareholder return plans amid calls to split company

Samsung Electronics Co Ltd said it will disclose plans to boost shareholder value on Tuesday - a move that comes amid pressure from
28 November 2016

Bank Asia celebrates 17th anniversary

Bank Asia celebrated its 17th anniversary at International Convention City Bashundhara in Dhaka on Sunday with a commitment to serve
28 November 2016

BTRC warns Robi for bypassing ICXs

The telecom regulator has sent a warning letter to the newly merged mobile operator Robi as it has already started bypassing
28 November 2016

RBI takes surprise action to soak up liquidity

The Reserve Bank of India (RBI) unexpectedly orders banks to deposit their extra cash with it, in a bid to absorb excess liquidity generated by a government ban on larger banknotes.
27 November 2016

BTRC to issue pricing guideline for internet

The telecom regulator is set to issue a pricing guideline for operators, especially mobile carriers, for providing
26 November 2016

Teletalk gives false info to parliament: regulator

State-owned operator Teletalk has provided to parliament manipulative information on illegal call termination, according to a report by
24 November 2016

BB to cut currency printing costs

Bangladesh Bank is devising ways to reduce currency printing costs as the country has to spend a whopping Tk 500 crore a year on new
24 November 2016

Bangladesh team to meet Philippines president on stolen BB funds

A high-level team led by Law Minister Anisul Huq will go to the Philippines on Saturday with the objective to repatriate about $66
24 November 2016

Star, Prothom Alo owning companies and editors awarded as top taxpayers

Three of the four top-taxpayer awards handed out in the electronic and print media category for fiscal 2015-16 went to The Daily Star
24 November 2016

Fitch retains negative outlook for India's banking sector

Fitch re-affirmed its "negative" outlook for India's banking sector, saying the financial standing remained "fragile" without bigger capital
22 November 2016

Telecom users irked by 'poor' services

Mobile users complain about network quality, call drops, unwanted SMS, data packages and pricing at a BTRC hearing.
22 November 2016

Citi and JPMorgan top list of globally systemic banks

Citi has joined JPMorgan at the top of global regulators' list of systemically important banks, replacing HSBC and meaning the U.S. bank
21 November 2016

BB warns nine new banks on bad loans

The central bank yesterday cautioned nine new banks over aggressive lending and rising nonperforming loans.
21 November 2016

BTRC receives 7,561 complaints

The telecom regulator received a total of 7,561 complaints in the last six months, 28.92 percent of which were for unsatisfactory service quality.
21 November 2016

Robi makes first payment on merger

Robi deposited Tk 318.52 crore to the telecom regulator yesterday as merger fees and spectrum charges.
20 November 2016

Citycell pays Tk 100cr to BTRC for survival

Citycell yesterday paid Tk 100 crore to the telecom regulator -- a move which might help them avoid any further suspension of licence.
17 November 2016

Grameenphone expands its market footprints

Grameenphone's share of active subscribers has expanded by 4 percentage points after biometric re-registration, cementing its
17 November 2016

GP refuses to pay Tk 30cr fine for broadband service

Grameenphone refused to pay a fine of Tk 30 crore imposed by the telecom regulator for running a broadband internet business in a breach of rules.
16 November 2016