Robi Axiata Ltd, the country’s second-largest mobile telecom service provider, said its profit surged three-fold in the first three quarters to the end of September this year, buoyed by increased data revenue and reduced expenses for foreign exchange.

The Customs Bill-2023, aiming to ensure fiscal discipline and accountability in import revenue collection and trade facilitation, was placed in parliament yesterday.

Rick Haque Sikder, a director of National Bank Ltd (NBL) and chairman of R&R Aviation Ltd, has defaulted on repayments of a loan with AB Bank Ltd, which might cost him the directorship if dues are not cleared in two months.   

Bangladesh Bank yesterday handed over letters of intent (LoIs) to Nagad Ltd and Kori, paving the way for them to launch full-fledged digital banks for the first time in the country.

Bangladesh will purchase liquefied natural gas (LNG) from Excelerate Gas Marketing Ltd Partnership, a subsidiary of Excelerate Energy, under a 15-year contract from 2026. 

Community Bank Bangladesh Ltd yesterday organised its 45th board meeting.

Dhaka Bank Ltd, in collaboration with Mastercard, awarded the winners of a campaign styled “Dhaka Bank Spend & Win Big - ICC Men’s Cricket World Cup 2023”.

Rick Haque Sikder, a director of National Bank Ltd (NBL) and chairman of R&R Aviation Ltd, has defaulted on repayments of a loan with AB Bank Ltd, which might cost him the directorship if dues are not cleared in two months.

Its profits hit Tk 202 crore in Q1, up from Tk 46 crore loss in Q1 of previous year

It made a profit of Tk 172.35 crore in the first three quarters, a three-fold rise

Bangladesh Bank today issued a letter with its seal of approval to Nagad Digital Bank for launching a full-fledged digital bank in the country, according to a press release.

Bandwidth imports from India have surpassed that from submarine cables due to a surge in internet usage, India’s more attractive pricing and enhanced redundancy, and the saturation of Bangladesh’s existing undersea cables’ capacity.

Bangladesh’s economy is facing a tough time owing to depleting foreign exchange reserves and persistently higher inflation.

Candy, which did not attract the attention of exporters even a decade ago, has become one of the top five items in Bangladesh’s processed food export basket, highlighting the much-needed value-addition brought on by manufacturers. 

Eastern Bank PLC will help as lead arranger to manage a syndicated term loan facility worth Tk 300 crore for Shakti Foundation, a microfinance institution in Bangladesh.

Grameenphone posted a 3.12 percent year-on-year rise in profit to Tk 2,720.63 crore in the first nine months of 2023.

Around 80 percent of businesses in Bangladesh opined that the country’s economy would avoid further decline in the next six months, according to the LightCastle Business Confidence Index (BCI) 2022-23.

The National Board of Revenue (NBR) will not arrange the income tax fair this year either, making it the fourth consecutive year since 2020 that the fair will not be held.

Tourists from China, India, Russia, Japan, Thailand, Indonesia, and Malaysia will be issued free visas till March 31, 2024

As Cyclone Hamoon is heading towards the coastal districts of Bangladesh, the Department of Agricultural Extension (DAE) has issued an urgent advisory for farmers, urging them to immediately harvest transplanted Aman paddy once it reaches 80 percent maturity.