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    Dhaka stocks fall for 5th day on liquidity crisis

    Staff Correspondent | Updated at 12:05am on February 23, 2018

    Dhaka stocks slid for the fifth consecutive session on Thursday and the turnover hit an 18-month low as investors’ concern over the liquidity shortage outweighed the news of a six-month extension by Bangladesh Bank for cutting banks’ advance-deposit ratio....

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    Banglalink customers suffer amid network upgradation

    Staff Correspondent | Updated at 12:05am on February 23, 2018

    Customers of Banglalink, the country’s third-largest mobile phone operator, have faced disruption in services on Wednesday evening amid ‘network upgradation’ by the operator for adopting 4G services...

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    Govt to consider cutting VAT on internet: Muhith

    Staff Correspondent | Updated at 12:05am on February 23, 2018

    Finance minister AMA Muhith on Thursday said that the government would consider reducing the existing 15 per cent value added tax on internet in the next national budget....

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    Robi incurs loss for 2nd year, but hopes to be no 1

    Staff Correspondent | Updated at 12:05am on February 23, 2018

    Country’s second-largest mobile phone operator Robi incurred Tk 280 crore in losses in 2017, remaining in the negative zone for the second year, due mainly to ‘huge expenditure’ in network expansion and ‘unfair’ market competition..

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    DSE seeks BSEC nod to pick Chinese consortium

    Staff Correspondent | Updated at 12:05am on February 23, 2018

    The Dhaka Stock Exchange on Thursday sought approval of Bangladesh Securities and Exchange Commission to sell 25 per cent stakes of the bourse to a Chinese consortium to make it a strategic partner, after two weeks of tussle between the bourse and regulator....

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    FDI drops to $2.02b in 2017

    Staff Correspondent | Updated at 12:05am on February 23, 2018

    Foreign direct investment in the country declined by 13.5 per cent to $2.02 billion in 2017 from $2.33 billion a year ago, showed Bangladesh Bank provisional data....

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    Stocks lose steam for 4th day on liquidity crisis

    Staff Correspondent | Updated at 12:05am on February 21, 2018

    Dhaka stocks dropped on Tuesday, extending the losing streak to the fourth session, as investors remained worried about the ongoing liquidity crisis at the country’s financial market....

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    Banglalink opens 4G for Khulna

    Staff Correspondent | Updated at 12:05am on February 21, 2018

    The third largest mobile phone operator Banglalink on Tuesday officially launched 4G services in Khulna. Banglalink chief sales officer Ritesh Kumar Singh made the announcement at a press conference held at City Inn in Khulna where Khulna City Corporation mayor Md Moniruzzaman Moni and Banglalink Khulna regional director FM Shahriar Omar Prince were present....

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    BSEC okays Tk 30-cr IPO of SK Trims

    Staff Correspondent | Updated at 12:05am on February 21, 2018

    The Bangladesh Securities and Exchange Commission on Tuesday approved SK Trims and Industries Limited’s proposal to raise Tk 30 crore from the capital market through an initial public offering...

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    Trading thru inland waterways stressed

    Staff Correspondent | Updated at 12:05am on February 21, 2018

    Government officials and businesspersons on Tuesday said the country’s waterways were eco-friendly and cost effective for local and foreign trading....

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