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SME loan release up 3.16pc in July-Sept
Staff Correspondent | Updated at 12:11am on January 11, 2020
The amount of loans received by small and medium entrepreneurs from banks and non-bank financial institutions inched up by 3.16 per cent or Tk 3,666.21 crore...
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Dhaka stocks’ PE ratio hits all-time low
Staff Correspondent | Updated at 12:10am on January 11, 2020
The price-to-earnings ratio of the country’s premier bourse, Dhaka Stock Exchange, has hit an all-time low due mainly to continued plunges in the share prices...
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Prices of red lentil, edible oil increase
Staff Correspondent | Updated at 12:08am on January 11, 2020
Staff Correspondent The prices of red lentil and edible oil increased on the kitchen markets in the capital, Dhaka, over the week ending Friday. Traders...
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China negotiator to sign trade deal in US next week
Agence France-Presse . Beijing | Updated at 10:35pm on January 09, 2020
China said on Thursday that vice-premier Liu He would travel to Washington next week to sign the ‘phase one’ deal with the United States that has lowered trade tensions between the world’s two...
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Lebanon bans Ghosn from foreign travel
Agence France Presse . Beirut, Lebanon | Updated at 10:34pm on January 09, 2020
Lebanon banned former auto tycoon Carlos Ghosn from travel on Thursday and asked Japan to hand over his file on financial misconduct charges, as Tokyo urged the fugitive businessman...
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Big fat Indian wedding goes on a diet as slowdown bites
Agence France-Presse . Mumbai | Updated at 10:30pm on January 09, 2020
India’s weddings are famously lavish — lasting days and with hundreds if not thousands of guests — but this season many families are cutting costs even if it risks their social standing...
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Global economy faces tenuous recovery: World Bank
Agence France-Presse . Washington | Updated at 10:29pm on January 09, 2020
Recovery in a handful of countries will boost global growth slightly this year but the outlook is riddled with potential pitfalls that could derail this tepid upswing, the World Bank cautioned...
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Sanaullah elected Shahjalal Islami Bank chairman
Business Desk | Updated at 10:28pm on January 09, 2020
Md Sanaullah Shahid has been elected chairman to the board of directors of Shahjalal Islami Bank at its 292nd board meeting held on Wednesday, said a press release. Md Harun Miah and Md Abdul Barek were...
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Petrobras halts shipping thru Hormuz
Agence France-Presse . Brasilia | Updated at 10:21pm on January 09, 2020
Brazil’s state-owned oil company Petrobras announced on Wednesday it will temporarily stop sending its tankers through the Strait of Hormuz because of tensions between Iran and the...
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PM urges textiles sector to diversify products
Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:17pm on January 09, 2020
Prime minister Sheikh Hasina on Thursday urged the country’s textiles sector to diversify products and expand the market for boosting the export income. ‘I think it’s very necessary to diversify...