Business | Daily sun
Businesses globally struggle to access sufficient credit: ADB By | Last Updated: 7th September, 2017, 00:00

Businesses of all sizes continue to struggle to access sufficient credit, resulting in a global trade finance gap of $1.5 trillion in 2016, according to an Asian Development Bank (ADB) brief released…

Businesses globally struggle to access sufficient credit: ADB

UNDIO DG praise Bangladesh’s
economic progress UNDIO DG praise Bangladesh’s economic progress

Director General (DG) of the United Nations Industrial Development Organisation (UNIDO) Li Yong on Wednesday…


Export earnings from US post 
17.94pc growth in July
Export earnings from US post 17.94pc growth in July

Export earnings from the USA, the largest export destination for Bangladesh products, witnessed a healthy…


Two Bangladeshi banks win ADB’s TFP award Two Bangladeshi banks win ADB’s TFP award

Two Bangladeshi banks-Dutch-Bangla Bank Limited and BRAC Bank Limited-are among the winners of the third…


Lower interest rate spread to boost investment: Experts Lower interest rate spread to boost investment: Experts

In view of the downward trend in the overall interest rate spread in country's banking sector, the…


‘BIMSTEC to get a boost’ ‘BIMSTEC to get a boost’

Foreign Minister AH Mahmood Ali on Wednesday expressed his firm optimism that the Bay of Bengal Initiative…


Ismail Hossain new
MD of BKB Ismail Hossain new MD of BKB

Mohammad Ismail Hossain has joined Bangladesh Krishi Bank (BKB) as Managing Director recently. Prior…


Jahangir Alam appointed
Sonali Bank DMD
Jahangir Alam appointed Sonali Bank DMD

Mohammad Jahangir Alam has recently joined as new Deputy Managing Director of largest state-owned Sonali…


Summit Power gets
new adviser Summit Power gets new adviser

Summit Power Limited, the largest independent power producer in Bangladesh, has recently appointed Md.…


NEWS OF THE DAY NEWS OF THE DAY

Tokyo’s benchmark index fell for a third session Wednesday on lingering worries about the North…


Global economy improving, urges 
resistance to protectionism: Xi Global economy improving, urges resistance to protectionism: Xi

China: Chinese President Xi Jinping told an international summit on Tuesday that although the global…


Bitcoin plunges, recovers after 
China bans virtual fundraising Bitcoin plunges, recovers after China bans virtual fundraising

BEIJING: China's decision to clamp down on bitcoin and other crypto-currencies has sent a shock…


Brazil expected to slash 
interest rate another 1pc Brazil expected to slash interest rate another 1pc

BRASILIA: Brazil's central bank is likely to slash its key interest rate on Wednesday by a percentage…


EU states seek ‘compromise’ 
on cheap labour rule EU states seek ‘compromise’ on cheap labour rule

WARSAW: Three Baltic states vowed on Tuesday to join forces with four other eastern EU states in seeking…


N Korea fears hit Asia stocks, 
dollar down on rate doubt N Korea fears hit Asia stocks, dollar down on rate doubt

HONG KONG: The North Korean nuclear crisis dragged Asian markets further into the red on Wednesday as…


Brexit puts brakes on UK services sector growth
Brexit puts brakes on UK services sector growth

LONDON: Britain's key services sector grew at the slowest pace in almost one year in August on rising…


Surprise fall in
German industrial
orders in July Surprise fall in German industrial orders in July

FRANKFURT AM MAIN: Industrial orders in Germany fell unexpectedly in July, weighed down by lower demand…


KitKat bets on
weird, wonderful
flavours in Japan KitKat bets on weird, wonderful flavours in Japan

INASHIKI: Cough-medicine-flavoured KitKat anyone? It may not be to everyone's taste, but this is…


Schneider Electric
to buy British
software firm Aveva Schneider Electric to buy British software firm Aveva

PARIS: French electrical equipment maker Schneider Electric said Tuesday it has agreed to combine its…


NEWS OF THE DAY NEWS OF THE DAY

Danish toy maker Lego, known for its iconic coloured plastic bricks, said on Tuesday that it would cut…


Singapore growth forecast 
to remain at 2.5pc Singapore growth forecast to remain at 2.5pc

SINGAPORE: Singapore's economic growth this year is expected to remain at 2.5 per cent, according…


Australia economy strengthens 
after weak start to year Australia economy strengthens after weak start to year

SYDNEY: Australia's economy has shrugged off a sluggish start to the year, boosted by government…


Moody’s cuts Oman banking outlook 
on weaker government support Moody’s cuts Oman banking outlook on weaker government support

Dubai: The outlook for Oman’s banking sector was cut to negative by Moody’s Investors Service…


Rwanda's economic growth to 
pick up, World Bank predicts Rwanda's economic growth to pick up, World Bank predicts

KIGALI: Rwanda's economic growth has been slowing down since mid-2016 resulting in a 6 percent growth…


Egypt's Sisi eyes $1b in trade on Vietnam visit Egypt's Sisi eyes $1b in trade on Vietnam visit

HANOI: Vietnam and Egypt agreed Wednesday to nearly triple trade to $1 billion including with ship-building…


Malaysia exports beat market 
expectations, soaring 30.9pc Malaysia exports beat market expectations, soaring 30.9pc

KUALA LUMPUR: Malaysia's exports beat market expectations in July, rising 30.9 percent year-on-year…


China IT,
Internet industry
prospers China IT, Internet industry prospers

BEIJING: China's IT and Internet industry continued to prosper in 2016 thanks to a better business…


Foreign car sales
 in S Korea post
double-digit
increase Foreign car sales in S Korea post double-digit increase

SEOUL: Foreign luxury car sales in South Korea posted a double-digit increase last month thanks to solid…


UAE’s non-oil
trade jumps
3.2pc UAE’s non-oil trade jumps 3.2pc

Dubai: The value of the UAE’s non-oil trade reached Dh401 billion in the first quarter of 2017,…


Bulgarian economy grows by
3.6pc in Q2 Bulgarian economy grows by 3.6pc in Q2

SOFIA: Bulgaria's gross domestic product (GDP) grew by 3.6 percent year-on-year in the second quarter…


Thailand signs deals with Chinese state firms for high-speed railway Thailand signs deals with Chinese state firms for high-speed railway

BANGKOK: Thailand have signed two contracts, worth 5.2 billion baht (S$212 million), with Chinese state…


Deutsche Bank boss calls on 
ECB to halt cheap money Deutsche Bank boss calls on ECB to halt cheap money

FRANKFURT: Deutsche Bank chief executive John Cryan has called on the European Central Bank to change…


US stocks tumble on North Korea worries US stocks tumble on North Korea worries

NEW YORK: Wall Street stocks stumbled Tuesday, with financial shares falling hard, as renewed worries…


Tokyo stocks open lower 
on North Korea jitters Tokyo stocks open lower on North Korea jitters

TOKYO: Tokyo stocks opened lower on Wednesday amid lingering worries over North Korea, with the yen…


Vancouver home sales surge a year after foreign buyers tax Vancouver home sales surge a year after foreign buyers tax

OTTAWA: Vancouver home sales and prices jumped in August from the year before on heightened demand for…


‘Weak investment 
demand bigger challenge than GST in India’
‘Weak investment demand bigger challenge than GST in India’

New Delhi: India's economic activity lost momentum in the June quarter and critics blamed GST as…


JTC launches
industrial site at Tuas South Link
3 for sale JTC launches industrial site at Tuas South Link 3 for sale

STATE industrial landlord JTC on Tuesday launched a confirmed list site at Tuas South Link 3 (Plot 14)…


Taka down against euro, pound Taka down against euro, pound

The local currency Taka went down against the euro and the UK pound, and remained unchanged against…


Commodity at a glance Commodity at a glance

Prices of most essential commodities remained unchanged in the city’s kitchen markets on Wednesday.…


CORPORATE CORNER CORPORATE CORNER

    Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Shafiul…

Top