BB sets foreign currency rules for economic zones

Bangladesh Bank yesterday issued a new notice on foreign exchange regulations for enterprises and developers in planned economic zones as the government seeks to attract more investors.
10 August 2016

Grameenphone launches digital self-care channel

Grameenphone yesterday launched MyGP application to help its customers access all services, offers, bonus and rewards of the telecom
9 August 2016

BTRC to scrap another 204 ISP licences

The telecom regulator is going to scrap licences of 204 internet service providers (ISPs) from August 25 in a bid to strengthen ICT
9 August 2016

WB to give $120m to upgrade connectivity

The World Bank will provide $120 million to Bangladesh to develop infrastructure in the bordering areas, which will upgrade regional
9 August 2016

Five SIMs can be registered against each NID: regulator

A prepaid mobile phone user can now register maximum five SIMs against his national identity number, down from 20 connections
8 August 2016

Bangladesh on track to digitisation

The international community is impressed with the progress made by Bangladesh in digitisation, said two top telecom experts.
6 August 2016

Citycell seeks more time to pay dues

Citycell sought time until December 31 to clear its outstanding charges as the telecom regulator has decided to cancel its spectrum for the failure to pay Tk 477.51 crore in dues despite several reminders.
3 August 2016

Mahia Juned, first female DMD of City Bank

Mahia Juned has recently been promoted to the deputy managing director (DMD) of City Bank.
2 August 2016

BB officials visit Manila to seek recovery of bank heist money

Officials from the Bangladesh central bank are visiting Manila this week to pressure the authorities in the Philippines to find ways to
2 August 2016

Banks' costs mounting

Most of the banks' cost-to-income ratio, which is used to measure efficiency and productivity, accelerated in 2015 from a year earlier.
2 August 2016

BB to set higher credit growth target

Bangladesh Bank may set the private sector credit growth target at 16.5 percent in the monetary policy for the first half of the fiscal year, in keeping with the present momentum.
25 July 2016

Bank hacks raise fears for financial sector

A series of spectacular cyber attacks against banks, resulting in the theft of tens of millions of dollars, has heightened fears for an
24 July 2016

BTRC plans to borrow €157m from HSBC for satellite

The telecom regulator yesterday sent a proposal to the government to borrow 157 million euros from HSBC for the country's first space
24 July 2016

Graft money used in militancy, says ACC chairman

Fund raised through corruption is used in militancy, Anti-Corruption Commission (ACC) Chairman Iqbal Mahmud says.
24 July 2016

Salman F Rahman reelected as IFIC Bank chairman

Salman F Rahman has recently been reelected as the chairman of IFIC Bank.
20 July 2016

GP ready to offer 4G services

Grameenphone is ready to offer fourth generation (4G) mobile services now, its chief executive said. Rajeev Sethi said they have enabled their 10,026 sites with faster internet (3G) technology and all these sites can provide fourth generation telecom services.
20 July 2016

Janata struggling with restructured large loans

State-owned Janata Bank is struggling to recover the large loans it restructured under a Bangladesh Bank special policy last year.
19 July 2016

Compensation for call drops within same network

Mobile phone users will soon get compensation for call drops that happen when in conversation with subscribers of the same operator.
19 July 2016

GP reports a flat second quarter

Grameenphone's net profit fell about 1 percent to Tk 509 crore in the second quarter of 2016 from a year earlier, due to voluntary retirement spending coupled with an advance fee for settling a claim by the National Board of Revenue.
18 July 2016

IMF backs reforms in Philippines after Bangladesh Bank heist

The International Monetary Fund said the unauthorised transfer of $81 million from Bangladesh Bank to entities in the Philippines
17 July 2016