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Banglalink adds 0.89m subscribers in October thanks to offers to stream World Cup

Dhaka, Nov. 28 -- The country's third largest mobile network operator Banglalink added 890,000 subscribers in October, thanks to, among other reasons, lucrative offers for the streaming of Fifa World ... Read More


ADB investment in the country's education

Dhaka, Nov. 28 -- Investment in education is always most welcome because it pays what is euphemistically called in spades. The Asian Development Bank's investment plan of $2.0 billion in Bangladesh's ... Read More


Abandoned Beanibazar well resumes gas supply to national grid

Dhaka, Nov. 28 -- An additional 8.0 million cubic feet of gas per day (mmcf/d) to the National Grid has resumed from the previously abandoned well no 1 of Sylhet's Beanibazar gas field. The gas lifte... Read More


Too many issue managers chase too few IPOs

Dhaka, Nov. 28 -- It was 2016 when Swadesh Investment Management last performed as an issue manager while bringing out the initial public offering of Dragon Sweater and Spinning Limited. A fine of Tk... Read More


Dhaka to request Washington to restore GSP

Dhaka, Nov. 28 -- Dhaka would request Washington to restore the Generalized System of Preferences (GSP) for widening the market access of its products to the US - the single-largest export destination... Read More


Rice procurement gets lukewarm response

Dhaka, Nov. 28 -- Rice procurement during this Aman season is facing a setback due to higher prices of the staple in the mainstream market than that of the government's asking rate. The lower price o... Read More


Online system risks VAT receipt fiasco

Dhaka, Nov. 28 -- The digitised system of value-added tax (VAT) now operates in a state vulnerable towards collection fiasco for a lack of proper maintenance for unavailability of funds, sources say. ... Read More


Cabinet directs verification of information being shared about banking sector

Dhaka, Nov. 28 -- The Cabinet on Monday directed the authorities concerned to verify the accuracy of the videos and news seen on social media and newspapers about the current situation in the banking ... Read More


Electronic-waste is a growing public health threat for BD

Dhaka, Nov. 28 -- There has been astonishing growth in the use of electronic products (e-products) in Bangladesh over the last two decades. These products include television, cell phones, laptops and ... Read More


Foreign firms, JVs in EZs get permission to take loans in taka

Dhaka, Nov. 28 -- Bangladesh Bank (BB) has allowed foreign firms and joint ventures (JVs) located in the economic zones (EZs) to take working capital loans in taka from the domestic banking system for... Read More