The process of SIM re-registration through biometric verification gained momentum after the court’s verdict came in favour of the government move on April 12.

Bank Asia declared 20 percent dividends—5 percent bonus share and 15 percent cash dividend—for 2015 at the bank's 17th annual general meeting at Dhaka Ladies Club yesterday.

The government yesterday formed a seven-member taskforce headed by the banking secretary to bring back the $81 million funds stolen from Bangladesh Bank's account with the New York Federal Reserve.

Data consumption in Bangladesh increased six times in the last two years thanks to faster mobile internet services, said a top official of Ericsson.

Three messages sent by the Bangladeshi central bank to the Rizal Commercial Banking Corp. (RCBC) on the morning of February 9, alerting the Yuchengco-controlled financial institution to the dubious provenance of the $81 million that was later revealed to be the largest money laundering caper in Philippine history.

The High Court issues a rule asking the government to explain in four weeks as to why it should not be directed to take necessary steps to recover the money stolen from Bangladesh Bank.

The landmark merger of Robi and Airtel is going to face a further delay as the government is yet to finalise its recommendations and will seek more time from the High Court today.

Md Mahbub-ur Rahman has been appointed as deputy chief executive officer and country head of commercial banking for HSBC Bangladesh, effective today, the bank said in a statement.

The Telecom Division yesterday sent its recommendations along with a proposal for fees on the merger of mobile phone operators Robi

The Bangladesh Bank board yesterday met for the first time since Fazle Kabir took over as its governor three weeks ago.

The government plans to offer technology neutrality to mobile operators in spectrum use in two bands, which will help them roll out

Chinese hackers are possibly behind one of the world's biggest cyber heists, the theft of $81 million from the Bangladesh central bank, a senator in the Philippines says.

The Anti-Corruption Commission yesterday arrested Zainul Abedin Choudhury, a general manager of BASIC Bank, for his alleged involvement in a loan scam.

Sayeed H Chowdhury has been re-elected as the chairman of One Bank for another year.

Exports accelerated 9.27 percent year-on-year to $2.83 billion in March on the back of higher shipments of garment, leather and leather goods, and jute and jute goods.

Unlike a real-world office, a business website is up and accessible to customers 24 hours a day. Customers will always get to know about the products and services on offer, freeing them from the compulsion of office hours. Businesses can even have a 24-hour product sales mechanism online.

For Kim Wong, the Chinese casino owner in the Philippines entangled in one of the world's largest bank heists, there are two golden rules for dealing with wealthy punters: always demand to see their money, but never ask where it came from.

When Hagoda Gamage Shalika Perera, a small Sri Lankan businesswoman, got a deposit of $20 million in her account last month, she said the funds were expected but had no idea they were stolen from Bangladesh's central bank in one of the largest cyber heists in history.

The government can recover 40 percent, or about $34 million, of the $81 million stolen by hackers from Bangladesh’s central bank and laundered through the Philippine banking system, the country’s Senate President Pro Tempore Ralph Recto says.

The Federal Reserve Bank of New York is acting defensively, distancing itself from any of the blame over the heist of $101 million from the Bangladesh Bank's account with it by cyber thieves.