Duty-free access to UK to continue until Brexit: envoy

Bangladesh will continue to get duty privilege to the UK under the European Union's Everything But Arms scheme until Brexit formally
31 October 2016

BTRC plans to allow tech neutrality in spectrum use

The telecom regulator has initiated a move to review the 2G service guideline, in a bid to offer technology neutrality to the mobile
31 October 2016

WB offers $100m to fortify insurance, pension sectors

The World Bank has offered Bangladesh $100 million for strengthening the insurance sector and the private pension market so that the
31 October 2016

Citycell licence cancellation awaits PM's nod

The licence cancelation issue of mobile phone operator Citycell has now been placed before the prime minister, after the telecom regulator sent its recommendation to the telecom division for approval.
30 October 2016

IFC signs $350m trade finance deal with StanChart

The IFC and Standard Chartered Bangladesh have signed a risk-sharing deal worth $350 million, which will make more trade finance available to the bank and importers and exporters of commodities in Bangladesh.
29 October 2016

Bangladesh export to exceed $60 billion by 2021: Tofail

Commerce Minister Tofail Ahmed expects Bangladesh to fetch over US$60 billion by 2021 from exports while the amount was over US$34 billion in the last year.
29 October 2016

Court to hear Citycell petition on Oct 31

The Supreme Court yesterday fixed October 31 for the hearing of a petition filed by Citycell to reinstate its spectrum allocation.
25 October 2016

BTRC to take public opinion on telecom services

Anisur Rahman, a student of a private university, received a bonus internet pack of 4GB from Teletalk upon recharging his account with
25 October 2016

Citycell’s SC hearing on curbing spectrum Oct 31

The Supreme Court fixes October 31 for hearing a petition of mobile operator Citycell seeking directives on the government for reinstating its spectrum allocation.
25 October 2016

Major banks mark first-ever international trade using blockchain tech

The first cross-border transaction between banks using multiple blockchain applications has taken place, Commonwealth Bank of
24 October 2016

Teletalk employees go on strike for double pay

Employees of state-owned mobile phone operator Teletalk went on an indefinite strike from yesterday, calling for the company to double
24 October 2016

BTRC moves to cancel Citycell's licence

The telecom regulator yesterday sought permission from the government to put the final nail in the coffin of the country's oldest
24 October 2016

Telecom operators lose 7pc of customers in Aug

The telecom industry faced a setback in August with its active SIM connections declining about 7 percent from the previous month.
23 October 2016

Bangladesh seeks to use Indian network to export bandwidth to Bhutan

Bangladesh Submarine Cable Company Ltd or BSCCL has urged its Indian counterpart to allow it to use its infrastructure to export
22 October 2016

New WB loans for infrastructure in the offing

Bangladesh is set to take loans under a new scheme of the World Bank that carries high interest rate, to meet the huge public and
22 October 2016

Merge social safety net schemes for greater benefits: WB

The World Bank yesterday advised Bangladesh to merge its overlapping social safety net programmes, introduce a unified target,
20 October 2016

Grameenphone gets new CEO

Mobile operator Grameenphone has appointed Petter-B Furberg as the company's interim chief executive, effective from November 1, replacing Rajeev Sethi.
19 October 2016

GP's net profit jumps on data service

Grameenphone's net profit rose 55.7 percent year-on-year to Tk 644.79 crore in July-September, driven mainly by the increased use of data in the third quarter.
19 October 2016

Govt plans to use forex reserves for big projects

The government considers borrowing from the foreign currency reserves from next fiscal year and using the amount in mega projects.
18 October 2016

Jute exports to India may face anti-dumping duty

Bangladeshi jute and jute goods may be subject to 25-30 percent duty upon entry to the Indian market if the local exporters are found
18 October 2016