Miscellany

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    Huge defaulted loans in SCBs to hit GDP growth: BB governor

    Staff Correspondent | Updated at 10:24pm on February 14, 2017

    Bangladesh Bank governor Fazle Kabir on Tuesday said excessive defaulted loans in the state-owned commercial banks would put an obstacle in achieving expected GDP growth...

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    Voice mail service launched

    Staff Correspondent | Updated at 11:08pm on February 13, 2017

    The Bangladesh Telecommunication Regulatory Commission on Monday launched voice mail service, or VMS, in the country for the first time with a view to expanding...

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    Smartphone imports increase by 46pc in 2016

    Staff Correspondent | Updated at 11:01pm on February 13, 2017

    Mobile handset import through legal channel for the first time crossed three crore pieces in 2016, thanks to rapidly growing demand for smartphones...

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    Govt staff may get up to Tk 50 lakh in home loan

    Shakhawat Hossain | Updated at 10:43pm on February 13, 2017

    The government is planning to increase the housing loan ceiling for its employees up to maximum Tk 50 lakh. Officials said the minimum ceiling of...

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    Jute goods export to India halves in Jan due to anti-dumping duty

    Staff Correspondent | Updated at 10:40pm on February 13, 2017

    Export of jute goods from Bangladesh to India slumped by 52.15 per cent in January in the current financial year 2016-17 compared to the same...

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    Banks asked not to impose early settlement fees on current loans

    Staff Correspondent | Updated at 10:41pm on February 12, 2017

    Bangladesh Bank on Sunday asked the banks not to impose any early settlement fees on the clients’ current or demand loans...

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    Bangladesh, Sri Lanka FTA soon

    Staff Correspondent | Updated at 10:38pm on February 12, 2017

    Commerce minister Tofail Ahmed on Sunday said that Free Trade Agreement between Bangladesh and Sri Lanka will be signed within a short time to boost...

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    VAT honour cards for traders filing regular returns

    Jasim Uddin | Updated at 10:31pm on February 12, 2017

    The National Board of Revenue is going to offer value-added tax honour cards to traders filing VAT returns regularly to encourage them to be tax...

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    Consumer rights watchdog fines GP Tk 2.5 lakh for deceiving user

    Staff Correspondent | Updated at 10:21pm on February 12, 2017

    The Directorate of National Consumer Rights Protection on Sunday penalised Grameenphone, the country’s leading mobile operator, Tk 2.50 lakh for deceiving a client through an...

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    Worries building over possible uptick in global inflation

    Reuters . London | Updated at 10:34pm on February 11, 2017

    The global economy has weathered the new US administration’s sweeping challenges to the status quo with surprising aplomb given serious threats made to world trade,...

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