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    Most SoEs against divestment of shares at stock market

    Staff Correspondent | Updated at 10:53pm on July 25, 2017

    Most of the 26 state-owned companies are reluctant to offload a certain portion of their shares at the country’s capital market, going against a government’s divestment decision...

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    Businesses urge govt to allow overseas investment

    Staff Correspondent | Updated at 10:55pm on July 25, 2017

    Businesses on Tuesday urged the government to allow Bangladeshi entrepreneurs to invest abroad saying that if the country fails to take advantage of numerous potentialities of overseas investment the scope for increasing economic growth will be limited...

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    NBR launches WCO security project

    Staff Correspondent | Updated at 10:57pm on July 25, 2017

    The National Board of Revenue is now giving emphasis on preventing illicit outflows of money as more than 80 per cent cases of money laundering take place in disguise of international trade, said NBR chairman Md Nojibur Rahman on Tuesday...

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    BB to unveil monetary policy for Jul-Dec today

    Staff Correspondent | Updated at 10:59pm on July 25, 2017

    Bangladesh Bank will unveil today the monetary policy statement for the first half of the current fiscal year (2017-18). According to a BB press release, the central bank governor, Fazle Kabir, will unveil the MPS at 11.30am at a press conference at the BB headquarters in the capital, Dhaka...

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    Stocks end flat as bank shares dominate trading

    Staff Correspondent | Updated at 11:00pm on July 25, 2017

    Dhaka stocks finished flat on Tuesday with marginal rise in investors’ participation in trading amid dominance of the bank shares. The key index of Dhaka Stock Exchange, DSEX, finished at 5,801.89 points, adding just 0.06 per cent or 3.78 points...

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    Citycell’s licence cancelled

    Staff Correspondent | Updated at 11:55pm on July 24, 2017

    The Bangladesh Telecommunication Regulatory Commission on Monday decided to cancel the licence of mobile phone company Pacific Bangladesh Telecom Limited under the brand name of Citycell for non-payment of fresh dues for the period from October, 2016 to March, 2017...

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    BTRC invites bids to award MNP licence

    HM Murtuza | Updated at 11:57pm on July 24, 2017

    The Bangladesh Telecommunication Regulatory Commission on Monday invited offers from eligible parties for licence for providing mobile number portability service...

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    IMF shifts office to WB premises from BB after 44 years

    Staff Correspondent | Updated at 12:02am on July 25, 2017

    The International Monetary Fund has shifted its office to World Bank premises in the city’s Agargaon area from the Bangladesh Bank wherefrom it ran its operation for last 44 years...