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A whopping 46 lakh mobile connections vanished amid pandemic

Mobile phone operators are struggling to retain their active subscribers despite offering lucrative packages, including free minutes, SMS and extra data, as the coronavirus-induced economic downturn has affected all sectors and curtailed people’s income.

BSEC gets tough on minimum shareholding by directors

The Bangladesh Securities and Exchange Commission (BSEC) is taking strict measures to maintain minimum shareholding among directors of listed companies in a bid to revive the country’s stock index.

One Bank Chairman Sayeed Hossain Chowdhury removed over loan delinquency

Bangladesh Bank has removed HRC Group Chairman Sayeed Hossain Chowdhury from the post of chairman of One Bank due to his failure to pay back bank loans.

Prime Bank now becomes a tech evangelist

In a trailblazing move in the banking sector, Prime Bank is increasingly shifting its focus towards financing the ICT industry and has already started disbursing collateral-free loans among businesses in different segments of the digital business.

Single point mooring project’s cost goes up for 2nd time

The government has revised the budget for the Single Point Mooring (SPM) with Double Line project for the second time, increasing it by 21 percent.

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