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    Number of mobile subscribers nears 13 crore again

    Staff Correspondent | Updated at 11:08pm on March 29, 2017

    The number of active mobile subscribers again neared 13-crore mark in February this year as the acquisition of users by mobile operators picked up in recent months after few months of hiccups surrounding the biometric re-registration...

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    UK PM triggers ‘historic’ Brexit

    Reuters . London | Updated at 11:11pm on March 29, 2017

    Prime minister Theresa May formally began Britain’s divorce from the European Union on Wednesday, saying there was ‘no turning back’ from a decision pitching her country into the unknown and triggering years of fraught negotiations...

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    India becomes net exporter of power for 1st time

    Business Desk | Updated at 11:09pm on March 29, 2017

    India has become a net exporter of electricity for the first time, the power ministry said on Wednesday, adding that upcoming cross-border transmission lines with neighbouring countries such as Nepal, Bangladesh and Myanmar will only increase sales, reports Reuters...

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    SC clears way for holding FBCCI election

    United News of Bangladesh | Updated at 11:41am on March 30, 2017

    The Appellate Division of the Supreme Court on Thursday rejected the High Court order that stayed the process of holding the FBCCI election for...

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    HC orders status quo over BB show-cause notices on NRBC Bank

    AKM Zamir Uddin | Updated at 11:12pm on March 29, 2017

    The High Court on Tuesday asked the Bangladesh Bank to maintain a status quo over two of its show-cause notices served on managing director and board of directors of the scam-hit NRB Commercial Bank asking them to explain why punitive measures would not be taken against them for their alleged involvements in a number of financial scams...

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    Stocks inch down on profit taking from banks, NBFIs

    Staff Correspondent | Updated at 11:13pm on March 29, 2017

    Dhaka stocks inched down on Wednesday as investors went for profit taking sales of shares of banks and non-bank financial institutes during the second half of the trading session...

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    Govt mulls law changes for EPZ workers’ freedom of association

    Staff Correspondent | Updated at 10:59pm on March 28, 2017

    The government is mulling over an idea to make changes to some provisions of the Bangladesh Labour Act and to adjust the provision related to Workers Welfare Association for the EPZ workers to the International Labour Organisation convention on freedom of association...

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    Defaulted industrial loans rise 24pc in H1

    AKM Zamir Uddin | Updated at 11:06pm on March 28, 2017

    The amount of defaulted industrial loans soared by 24.39 per cent or Tk 4,816.65 crore in July-December of the current fiscal year 2016-2017 compared with the same period of FY 2015-16 due to a dull business environment and a lack of effective loan recovery measures by the banks and the non-bank financial institutions...

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