The central bank has issued a stern warning to the four state-run commercial banks for their failure to improve their financial conditions, saying observers will be put in place if the situation does not improve.

Japan has pledged about $2 billion in soft loans to upgrade the Philippines' crumbling railway system in Tokyo's biggest ever support

India's top mobile operator Bharti Airtel Ltd said on Thursday it launched fourth-generation (4G) mobile technology in 296 towns,

Taiwan's struggling smartphone maker HTC suffered its biggest ever quarterly loss in the three months to June, as sales of its high-

Bangladesh Bank has taken an initiative to improve banks' financial health by increasing their capital adequacy ratio (CAR) in line with

Electronic transactions -- both mobile cash and online sales -- are tipped to cross the $300 billion-mark annually in the next five

European Commission head Jean-Claude Juncker believes an agreement on a third bailout for Greece is likely this month, hopefully by

India is likely to bring in rules to make it compulsory for sugar mills to export millions of tonnes of surplus supplies to support local

Asia-focused British bank Standard Chartered slashed dividends by 50 percent on Wednesday after profits plunged in the first half of

Golam Fakhruddin Ahmed Chowdhury has recently been appointed as the managing director of Bangladesh Telecommunications Company Ltd (BTCL), the company said in a statement yesterday.

The telecom sector saw good growth in the first half of the current year as both SIM and internet connection numbers grew remarkably.

Bangladeshi businesses should export more to the Indian market of 1.2 billion people to narrow the huge bilateral trade gap between the countries, Indian High Commissioner Pankaj Saran said yesterday.

The central bank's revised guideline on mobile financial services (MFS), now a draft, may impact business, ownership structures and competitiveness in the increasingly growing sector, a market research firm and securities analyst said.

The government's borrowing from the banking system increased five times in the first 29 days of the fiscal year from a year earlier on the back of revenue mismatch.

The government should relax the rules to attract more foreign firms to invest in Bangladesh, said a report developed by Grameenphone and its major shareholder Telenor Group with the support of LIRNEasia.

Prime Minister Sheikh Hasina's ICT Adviser Sajeeb Wazed Joy yesterday instructed the telecom division to include technology neutrality

The central bank yesterday signalled cuts in policy rates in the coming months if inflation continues its downward trend.

The telecom regulator's revenue slumped 59.26 percent year-on-year to Tk 4,109 crore last fiscal year -- a four-year low.

Export earnings from the country's eight export processing zones grew 10.69 percent year-on-year to $6.11 billion in the last fiscal year.

Islami Bank Bangladesh has moved 16 notches up to rank 954th in 2015 among the top 1,000 banks of the world by The Banker magazine of the UK.