Staff Correspondent | Updated at 11:44pm on October 21, 2016
Defaulted loans in nine newly-established banks increased by 782.74 per cent to Tk 392.29 crore in the first half of this calendar year as the banks disbursed loans aggressively violating the Bangladesh Bank rules and regulations, said officials of the central bank...
Staff Correspondent | Updated at 11:35pm on October 20, 2016
Unusual trading of debutant Fortune Shoes shares, that rose 501 per cent, sent Dhaka stocks to negative zone on Thursday with decline in turnover.The key...
Reuters . Mumbai | Updated at 11:33pm on October 20, 2016
A slew of banks in India are replacing or asking their customers to change security codes of as many as 3.25 million debit cards due to fears that the card data may have been stolen in one of the country’s largest-ever cyber security incidents...
Staff Correspondent | Updated at 11:29pm on October 20, 2016
Bangladesh Bank on Thursday expressed its dissatisfaction over the performances of four state-owned commercial banks as the indicators related to their required capital, credit recovery from top 20 defaulters, overall defaulted loans and loss-making branches deteriorated significantly in recent times...
Staff Correspondent | Updated at 11:28pm on October 20, 2016
Dhaka Chamber of Commerce and Industry on Thursday expressed its concern over the proposed decision of Indian government to impose anti-dumping duty on jute and jute items imported from Bangladesh...
Staff Correspondent | Updated at 11:25pm on October 20, 2016
A slow pace of completing a database of workers in the readymade garment sector may cause delay in receiving financial assistance by the workers from the RMG sector central fund...
Bangladesh Sangbad Sangstha | Updated at 04:32pm on October 20, 2016
Leading Saudi enterprise Al Rajhi Company for Industry and Trade today inked a deal with state-run Bangladesh Chemical Industries Corporation for installing cement, paper and power plants...
Business Desk | Updated at 11:39pm on October 19, 2016
The World Bank Group president Jim Yong Kim visited bKash head office on Monday, said a news release. Kim had an engaged discussion understanding how bKash contributes in digitalising Bangladesh’s economy and impacts the development of the country..
Staff Correspondent | Updated at 11:38pm on October 19, 2016
The telecom regulator has decided to send a proposal to Bangladesh Bank for working out a cost model to determine the pricing of mobile financial services as the MFS operators and mobile phone companies are in a dispute over the issue...
Staff Correspondent | Updated at 11:37pm on October 19, 2016
Dhaka stocks returned to negative on Wednesday after increase in the previous trading session as almost all the sectors, except banks, faced short-term profit booking share sales...