The government will run a month-long countdown festival across the country from March 1 to celebrate the launching of country’s first communication…

The total number of Bangladesh’s mobile phone subscribers reached over 143 million at the end of November with addition of more than 16 million new users in the first 11 months of the year, statistics of the country’s telecom regulator showed yesterday, reports Xinhua. According to Bangladesh…

Shipping Minister Shajahan Khan yesterday said the government undertook an initiative to procure 51 equipment, including ship-to-shore gantry cranes,…

Bangladesh Bank (BB) yesterday asked the all banks and Financial Institutions (FIs) to connect their established Point of Sale (POS) with the National Payment Switch of Bangladesh (NPSB) by December 2018 and to operate the interbank card transactions through NPSB, reports BSS. The central bank instructed…

School banking is gradually getting huge response among the students across the country as deposits with the banking accounts have crossed Tk 1,200 crore at the end of September 2017, reports BSS. The central bank’s latest quarterly report on financial inclusion shows that a total of Tk 1,254.23…

Stocks closed the week down yesterday with falling trends of all major price indices at Dhaka and Chittagong Stock Exchanges as the daily transactions…

AFP, JAKARTA: The Fitch ratings agency raised Indonesia’s sovereign rating to its second-lowest investment grade yesterday, providing a welcome boost to reform efforts in Southeast Asia’s largest economy. The move reflected Indonesia’s improved ability to weather external shocks, after…

AFP, WASHINGTON:  The International Monetary Fund on Wednesday approved the third installment of a $12 billion, three-year loan for Egypt, bringing the total released to date to just over $6 billion. The IMF board approved the latest $2 billion disbursement under the deal signed in November 2016,…

President M Abdul Hamid yesterday invited the government and entrepreneurs of the United Arab Emirates (UAE) to invest more in Bangladesh, particularly in the fields of infrastructure, power and energy, tourism and hospitability, reports BSS. The President sought the enhanced UAE investment as outgoing…

A two-day insurance fair begins in Sylhet today with a view to promoting the insurance industry in the country, reports BSS. The Insurance Develop-ment and Regulatory Authority (IDRA) has organised the Insurance Fair 2017 at the gymnasium of the District Sports Council in the northeastern city. IDRA…

AFP, KUWAIT CITY: The compliance of OPEC and independent producers with oil output cuts in force since January reached an unprecedented level of 122 per cent last month, Kuwait’s oil minister said Wednesday. “I am pleased to announce that November conformity is the highest since the beginning…