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    Muhith finds back-patting among bank directors tough to tackle

    Staff Correspondent | Updated at 09:25pm on May 12, 2018

    Finance minister Abul Maal Abdul Muhith on Saturday said that he found it difficult to check mutual back-patting among the directors of commercial banks amid huge loan disbursement among the directors....

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    India’s industrial growth slows to five-month low in March

    Reuters . New Delhi | Updated at 12:05am on May 12, 2018

    India’s industrial output growth slowed to a five-month low of 4.4 per cent in March, dragged down by smaller increases in mining, but the central bank is expected to hold interest rates in its next policy meeting amid growing inflation concerns....

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    US hopes to narrow wide gap in China trade talks

    Agence France-Presse . Washington | Updated at 12:05am on May 12, 2018

    US commerce secretary Wilbur Ross said Thursday he hopes to reduce large differences with China in trade talks where hundreds of billions of dollars in commerce are at stake....

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    Robi faces BTRC wrath for using Bangla Phone NTTN service

    HM Murtuza | Updated at 12:05am on May 12, 2018

    Bangladesh Telecommunication Regulatory Commission has issued a show-cause notice to Robi Axiata Limited as the mobile phone company continued to take nationwide telecommunication and transmission network service from Bangla Phone Limited which has no licence for doing the business...

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    BSEC lacks rule on paid-up capital reduction by listed cos

    Mostafizur Rahman | Updated at 12:05am on May 12, 2018

    Bangladesh Securities and Exchange Commission lacks a rule explaining what step it will take if a listed company wants to reduce its paid-up capital below the minimum listing requirement....

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    Onion prices soar ahead of Ramadan

    Staff Correspondent | Updated at 12:05am on May 12, 2018

    The prices of onions remained high in the city’s kitchen markets over the week ending Friday. Retailers blamed wholesalers for price hike of the item ahead of Ramadan, the fasting month for the Muslims which will begin in the third week of this month....

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    3-day int’l apparel machinery expo begins in Ctg

    Our Correspondent . Chittagong | Updated at 12:05am on May 11, 2018

    A three-day international garments and textile machinery expo ‘BIGTEX Chittagong 2018’ began in Chittagong city on Thursday. Manufacturers, dealers, suppliers and importers from home and abroad are displaying garment and textile machinery, equipment, technology and accessories....

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    Visa launches contactless card in Bangladesh

    Staff Correspondent | Updated at 12:05am on May 11, 2018

    Global digital payment technology Visa on Thursday launched Bangladesh’s first contactless card in the market and announced plans to launch an interoperable QR-based payment solution in the country....

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    Stocks dip for 7th day as banks’ poor earnings reports pour in

    Staff Correspondent | Updated at 12:05am on May 11, 2018

    Dhaka stocks on Thursday stretched the losing streak to the seventh consecutive session due to the hammering of financial scrips as more banks declared profit fall...

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    Exports top $30.4b in July-April, but remain slightly below target

    Staff Correspondent | Updated at 12:05am on May 11, 2018

    Country’s export earnings in 10 months (July-April) of the current financial year 2017-18 stood at $30.40 billion with 6.41 per cent growth compared with that of $28.57 billion in the same period of FY 2016-17....

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