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    Loan disbursement thru agent banking close to nil in April

    HM Murtuza | Updated at 11:03pm on August 11, 2020

    Loan disbursement through agent banking in April came down close to nil as banks found disbursement of loans through the agent banking channel at the rate of 9 per cent insufficient to...

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    BSCCL seeks 14 months to issue shares to govt

    Staff Correspondent | Updated at 11:14pm on August 11, 2020

    Bangladesh Submarine Cables Company has sought 14 months time from the Financial Reporting Council to issue shares against share money deposits of the government to comply with...

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    Apparel makers, buying house owners in dispute over licensing process

    Staff Correspondent | Updated at 11:16pm on August 11, 2020

    The country’s apparel makers are in loggerheads with garment buying house owners over the issuance of membership certificate for registration of buying house business...

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    Abdul Hai elected Dhaka Bank chairman

    Business Desk | Updated at 11:18pm on August 11, 2020

    Abdul Hai Sarker has recently been elected chairman of Dhaka Bank, said a press release. He completed his MCom degree from Dhaka University in 1970 and soon became involved in international trade...

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    India businesses urged to explore opportunities in Bangladesh

    United News of Bangladesh . Dhaka | Updated at 11:21pm on August 11, 2020

    Indian high commissioner to Bangladesh Riva Ganguly Das has urged Indian business leaders to explore opportunities for collaboration and joint ventures with Bangladesh, including exports...

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    US frees more bandwidth for 5G network use

    Agence France-Presse . San Francisco | Updated at 11:25pm on August 11, 2020

    The United States on Monday announced that a chunk of bandwidth long reserved for the military will be auctioned off to telecommunications firms for use in ultra-speedy 5G networks...

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    German investor confidence hits highest level since 2004

    Agence France-Presse . Frankfurt am Main | Updated at 11:27pm on August 11, 2020

    Confidence among investors in Germany soared to its highest level in almost 17 years in August, as Europe’s largest economy accelerates its rebound from the crushing impact of the coronavirus...

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    Indian airline IndiGo to fight virus woes with $534m share issue

    Agence France-Presse . Mumbai | Updated at 11:28pm on August 11, 2020

    India’s largest airline IndiGo hopes to raise $534 million by issuing shares to try and boost liquidity after the coronavirus pandemic sparked record losses and job cuts. Airlines worldwide have reported steep falls in...