Business

Kazi Azizul Islam Documents submitted to a US court in a case disclose that German industrial conglomerate Siemens bribed the authorities concerned to gain a telecom infrastructure contract in Bangladesh as it did at least in two other countries. The case documents were submitted on Friday to a US court, which is scheduled to hear ... Read more

Md Hasan State-run mobile operator TeleTalk seeks to get $221 million loans from the Chinese government, mainly to expand its network to provide third-generation technology (3G). The operator said its board had accepted the loan proposal, now pending with the Economic Relations Division (ERD) for further processing. “The telecommunication ministry is in talks over the ... Read more

PROPOSAL FOR SEPARATE PAY STRUCTURE BB asked to seek recommendation of national pay commission Staff Correspondent. The finance ministry has asked Bangladesh Bank to seek recommendation of the National Pay Commission on its proposed separate pay scale for the officials and employees, official said. ‘If the government allows the central bank to have a separate ... Read more