• Images

    Monopoly situation prevails in MFS market: BB official

    Staff Correspondent | Updated at 11:06pm on February 08, 2017

    Bangladesh Bank will revise the existing guidelines of the mobile financial services as it found ‘monopolistic situation’ in the mobile banking market with bKash capturing the lion’s share both in transaction number and value, said an official on Wednesday...

  • Images

    President for joint effort to eradicate poverty in Asia-Pacific region

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:03pm on February 08, 2017

    President Md Abdul Hamid on Wednesday underscored the need for giving special priority and joint efforts to eradicate poverty to build a happy and prosperous in Asia and Pacific region...

  • Images

    Rohingya crisis hits aviation business

    Muktadir Rashid | Updated at 10:59pm on February 08, 2017

    Recent turmoil in Rakhine state of Myanmar has affected the aviation sector of Bangladesh with private Novoair suspending its flights to the neighboring country and national flag carrier Biman Bangladesh having fall in number of passengers...

  • Images

    Stocks rise for 2nd day amid bargain hunting

    Staff Correspondent | Updated at 10:37pm on February 07, 2017

    Amid volatility Dhaka stocks increased for the second trading session on Tuesday following some bargain hunting in the late hour of the session, especially those of banks and non-bank financial institution scrips...

  • Images

    ADP spending sluggish at 32pc in Jul-Jan

    Staff Correspondent | Updated at 10:35pm on February 07, 2017

    The pace of implementation of the annual development programme has remained sluggish as usual as the government ministries and divisions could spend only 32.41 per cent of the total allocation for the entire fiscal year in the first seven months...

  • Images

    Bandwidth export to Bhutan starts in a month

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:33pm on February 07, 2017

    Bangladesh would start bandwidth export to Bhutan within a month, as the landlocked Eastern Himalayan country is interested in ensuring redundancy for internet connectivity...

  • Images

    RMG sector not getting fair prices from buyers: Tofail

    Staff Correspondent | Updated at 10:20pm on February 07, 2017

    Commerce minister Tofail Ahmed on Tuesday said that Bangladesh’s entrepreneurs made huge investment to ensure safe working condition in the readymade garment factories but they were not getting fair prices of their products in the global market...

  • Images

    Jan food inflation hits 27-month high

    Staff Correspondent | Updated at 10:18pm on February 07, 2017

    Food inflation in the country soared by 1.15 percentage points reaching to a 27-month high at 6.53 per cent in January from that of 5.38 per cent in December due mainly to the price hike of coarse rice in the kitchen market...

  • Images

    BB warns banks not to cut interest on deposit

    Staff Correspondent | Updated at 10:17pm on February 07, 2017

    Bangladesh Bank on Tuesday asked banks to take initiatives to prevent the rates of interest on deposits from further falling...

  • Images

    Number of Bangladeshis visiting India tops for first time

    Staff Correspondent | Updated at 10:16pm on February 07, 2017

    The number of Bangladeshis visiting India has topped for the first time, overtaking the United States, in 2016, reports New Delhi-based Business Standard...