Bangladesh Bank on Monday announced a ‘cautious monetary policy’ for the second half of the political crisis-hit financial year 2014 targeting a lower GDP growth at around 6 per cent and bringing down the inflation to 7 per cent. Full story
Commitments of loans and grants made by international lenders and development partners declined by 27 per cent in the first half of the current fiscal year compared with that of corresponding period of the... Full story
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The internet users through mobile phones witnessed a downtrend in last three months after the six mobile phone operators launched 3G service in September, showed a recent data of the telecom regulator.
The Bangladesh... Full story
The national flag carrier will resume its Dhaka-New York flight with a stoppage in Birmingham from June 4 after an eight-year suspension due to soaring fuel price and per trip loss, the Biman Bangladesh officials announced on Monday. Full story
Bangladesh Bank on Monday asked scheduled banks to take effective safety measures for their vaults to avoid burglary incidents.
The central bank has given the direction as the burglars looted around Tk 16.40 crore... Full story
Dhaka stocks ended flat on Monday after increase in the previous four trading sessions with decline in turnover as investors adopted a ‘go-slow’ approach to cope with the fresh monetary policy declared by Bangladesh Bank after the trading closer on the day. Full story
Alliance for Bangladesh Worker Safety Initiative and the Accord on Fire and Building Safety in Bangladesh — the two retailer groups of North America and the EU — is going to organise a two-day trade exposition on building and fire safety... Full story
Telecommunication companies buying airwaves in an Indian auction next month will pay 5 per cent of their revenue as an annual fee, a ministerial panel decided on Monday, a move that means lower payments for bigger.... Full story
Bangladesh Bank will continue to collaborate with Bangladesh Securities and Exchange Commission in stabilising the capital market, said governor Atiur Rahman on Monday.
‘While not directly under the... Full story
Anisuzzaman Chowdhury Ronny was on Sunday elected chairman of the United Commercial Bank’s executive committee.
He was elected unanimously at a UCB board meeting held in the capital, said a news release. Full story
Md Ehsan Khasru, Prime Bank managing director and chief executive officer, has recently been nominated adviser to Global Economist Forum Bangladesh Chapter for 2014/2015 tenure, said a news release. Full story
Kaspersky Lab, according to The Gartner Magic Quadrant Research Report 2014, is the best out of 18 IT security vendors in the market, said a news release.
The newly-published... Full story
Traders flocked to the yen in Asia Monday on growing worries about emerging economies, as a report suggested Asian central banks were intervening in forex markets to protect their currencies. Full story
Oil prices were mixed in Asian trade Monday as dealers focused on the US Federal Reserve's policy meeting this week in anticipation of further stimulus pullback.
New York's main... Full story
National Credit Ratings Limited has announced the rating of the company as 'AA' in the long term and 'ST-1' in the short term based on audited financial statements of the company up to June 30, 2013. Full story