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    Citing polls, WB retains lower growth forcast of 6.4pc for FY18

    Staff Correspondent | Updated at 12:04am on January 11, 2018

    World Bank has retained economic growth projection for Bangladesh at 6.4 per cent for the current fiscal year 2017-2018, much lower than the government’s target, forecasting some risks including slippages relating to upcoming elections and weak tax revenues...

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    Apollo India, BRAC Bank, Mastercard launches health card

    Staff Correspondent | Updated at 11:59pm on January 10, 2018

    Apollo Hospitals (India), BRAC Bank and Mastercard on Wednesday entered into a tripartite partnership to launch a co-branded health card to be used in India...

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    Stocks extend losing streak to fifth day with turnover falling

    Staff Correspondent | Updated at 11:51pm on January 10, 2018

    Dhaka stocks declined on Wednesday, extending the losing streak to the fifth session, with a decreased participation of investors as many investors preferred to remain on the sidelines while some of them kept selling shares to avoid losses...

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    BSEC fines Dragon Sweater Tk 30 lakh for rules breach

    Staff Correspondent | Updated at 11:03pm on January 09, 2018

    The Bangladesh Securities and Exchange Commission on Tuesday fined Dragon Sweater and Spinning Ltd Tk 30 lakh for using 53 per cent of its initial public offering fund while violating securities rules...

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    HATIL launches virtual showroom at DITF

    Staff Correspondent | Updated at 11:00pm on January 09, 2018

    HATIL, a local premier furniture brand, on Tuesday launched a full-fledged virtual showroom, HATIL V, at Dhaka International Trade Fair at Sher-e-Banglanagar in the capital...

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    BB tightens oversight

    Staff Correspondent | Updated at 10:46pm on January 09, 2018

    Bangladesh Bank on Tuesday tightened its oversight over the scheduled banks’ wholesale borrowing and non-funded loan commitments...

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    Gold price crosses Tk 50,000 a bhori

    Staff correspondent | Updated at 10:57pm on January 09, 2018

    Jewellers raised the prices of gold by up to Tk 1,400 a bhori (11.664 gm) for the local market from today (Wednesday)...

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    NBR to relax selection criteria for VAT award

    Staff Correspondent | Updated at 10:56pm on January 09, 2018

    The National Board of Revenue has taken an initiative to relax selection criteria for the highest VAT-payers award to honour more businesses...

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    BB takes T-bonds buyback policy amid savings tools sales surge

    Staff Correspondent | Updated at 10:52pm on January 09, 2018

    Bangladesh Bank has framed a policy to buyback the Treasury Bonds and Bills for balancing the redemption profile and reducing the number of government securities amid access fund in the government exchequer...

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    Teletalk, Robi to share network

    Staff Correspondent | Updated at 10:49pm on January 09, 2018

    Teletalk and Robi will share their telecommunication network with each-other across the country with a view to strengthen existing network and to expedite 4G network roll-out process once the licences are awarded by the government...