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FDI inflow on slippery slope even before COVID-19 strike
HM Murtuza | Updated at 10:45pm on May 28, 2020
The net foreign direct investment in the country dropped by 7.35 per cent in the first eight months (July-February) of the current fiscal year 2019-2020...
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Robi posts Tk 18.8cr in profit in Q1
HM Murtuza | Updated at 10:08pm on May 22, 2020
The country’s second largest telecom operator, Robi Axiata Limited, posted Tk 18.8 crore in profit after tax in the January-March quarter of the year 2020 with...
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1cr in darkness as Amphan damages power supply, telecom network
Emran Hossain and HM Murtuza | Updated at 12:06am on May 22, 2020
Over a third of power consumers in Bangladesh were still without power until Thursday evening as the country struggled to put together its extensively damaged...
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Bangladesh Bank refrains from setting NBFIs’ lending rate
HM Murtuza | Updated at 10:38pm on May 20, 2020
The Bangladesh Bank has refrained from imposing a lending rate ceiling on non-bank financial institutions after more than two months of imposing such limit on...
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Imports slump 62pc in April amid pandemic
HM Murtuza | Updated at 09:12pm on May 17, 2020
The country’s overall import payments dropped by 61.61 per cent, or $3.13 billion, year-on-year in April this year amid a countrywide shutdown imposed by the...
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Government’s bank borrowing shoots up to Tk 81,000cr
HM Murtuza | Updated at 09:09pm on May 17, 2020
The government’s borrowing from the country’s banks to meet budget deficit increased to Tk 81,000 crore as of May 13 this fiscal year due to...
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BTRC collects Tk 3,000cr in revenue in 10 months
HM Murtuza | Updated at 10:40pm on May 15, 2020
The Bangladesh Telecommunication Regulatory Commission has met 96.77 per cent of its non-tax revenue collection target for the current fiscal year 2019-2020 in ten months,...
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BTRC likely to refrain from raising Grameenphone tariff for SMP implementation
HM Murtuza | Updated at 10:52pm on May 13, 2020
The Bangladesh Telecommunication Regulatory Commission is likely to refrain from slapping increased tariff on the country’s leading telecom operator, Grameenphone, under its latest initiative to...
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Bankers for remedial actions from government to offset losses
HM Murtuza | Updated at 09:46pm on May 05, 2020
Bankers want from the government remedial measures, corporate tax cut and relaxed enforcement of the provisioning rules to offset the financial losses or burden the...
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Factory owners seek Tk 3,047cr for April wages
HM Murtuza | Updated at 10:34pm on May 04, 2020
The Bangladesh Bank has received applications from nine banks for another Tk 481 crore in credit for the payment of workers’ wages of 205 entities for...
Friday, May 29, 2020
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