People couldn’t get much benefit from microcredit: PM By | Last Updated: 15th November, 2019, 00:00

Prime Minister Sheikh Hasina on Thursday said some people have earned name and fame by introducing themselves as proponent of microcredit, but reality is that the people of Bangladesh could not get benefit…

People couldn’t get much benefit from microcredit: PM

Cyclone ‘Bulbul’

affects telecom

services Cyclone ‘Bulbul’ affects telecom services

The recent severe cyclonic storm ‘Bulbul’ has resulted interruption in nationwide telecommunications…


‘Govt working to ensure planned industrialisation’ ‘Govt working to ensure planned industrialisation’

Prime Minister’s Private Industry and Investment Adviser Salman F Rahman said the government is…


Walton takes pre-order

for dual back camera smartphone


Walton takes pre-order for dual back camera smartphone

Bangladeshi handset maker Walton has started taking pre-order for its notch display dual back camera…


Bashundhara Atta, Maya launch

campaign on diabetes Bashundhara Atta, Maya launch campaign on diabetes

Bashundhara Atta  and Maya jointly launched a five-day long campaign in the capital to create awareness…


Govt urges UN to improve access to finance for

graduating LDCs Govt urges UN to improve access to finance for graduating LDCs

Finance Secretary Abdur Rouf Talukder urged the UN to take initiatives for unhindered, easy and improved…


Intex South Asia 
begins Nov 17 Intex South Asia begins Nov 17

The inaugural ceremony of Intex South Asia in Bangladesh will take place on 17 and 18 November 2019…


News of the day News of the day

China’s factory output growth slowed significantly more than expected in October, as weakness…


Japan’s economy

grows less than expected in Q3 Japan’s economy grows less than expected in Q3

TOKYO: Japanese growth slowed significantly in the third quarter of the year, according to government…


US posts $134bn

budget deficit

in October US posts $134bn budget deficit in October

NEW YORK: The US government recorded a $134 billion budget deficit in October, the first month of the…


US household debt

nears $14tn in Q3 US household debt nears $14tn in Q3

NEW YORK: Borrowing by American households rose for the 21st straight quarter in the July-September…


China’s economy shows further signs of weakness China’s economy shows further signs of weakness

BEIJING: China’s economy betrayed further signs of strain on Thursday with data showing a sharp…


Trump to discuss $100bn

trade deal with Turkey Trump to discuss $100bn trade deal with Turkey

NEW YORK: President Donald Trump said he’ll discuss a trade deal with Turkey’s President…


Asian equities swing as trade cues awaited Asian equities swing as trade cues awaited

HONG KONG: Asian markets fluctuated Thursday with investors shifting cautiously following another Wall…


Germany on cusp of recession Germany on cusp of recession

BERLIN: Germany was bracing Thursday to find out if it slipped into recession in the third quarter as…


Occidental Petroleum

stepping up oil,

gas asset sales Occidental Petroleum stepping up oil, gas asset sales

BANGALORE: Occidental Petroleum Corp is stepping up its oil and gas-producing property sales, adding…


SoftBank’s Yahoo

Japan confirms

merger talks with

Line, shares jump SoftBank’s Yahoo Japan confirms merger talks with Line, shares jump

TOKYO: SoftBank’s Yahoo Japan, one of Japan’s top internet firms, confirmed it is in talks…


UAE, Egypt

launch $20bn

joint investment

programme UAE, Egypt launch $20bn joint investment programme

ABU DHABI: The United Arab Emirates and Egypt launched a $20 billion joint investment programme on Thursday…


News of the day News of the day

World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly…


Moody’s cuts India’s economic

growth forecast to 5.6pc for ’19 Moody’s cuts India’s economic growth forecast to 5.6pc for ’19

NEW DELHI: Moody’s Investors Service on Thursday slashed India’s economic growth forecast…


Google checking

account service

on its way Google checking account service on its way

SAN FRANCISCO: Google plans to launch a checking account service next year in a collaboration with Citigroup…


Russian growth

accelerates in 3Q Russian growth accelerates in 3Q

MOSCOW: Russian economic growth ticked up in the third quarter driven by the agriculture sector, though…


Australian jobs suffer biggest drop in 3 yrs
Australian jobs suffer biggest drop in 3 yrs

SYDNEY: Australian employment suffered its sharpest fall in three years last month, data showed on Thursday,…


Daimler to cut

jobs to save

$1.1bn by ’22 Daimler to cut jobs to save $1.1bn by ’22

FRANKFURT: Daimler said Thursday it planned to cut jobs to save more than €1 billion (US$1.1 billion)…


Burberry logs

rising profit Burberry logs rising profit

LONDON: Luxury British fashion house Burberry on Thursday logged rising interim profits despite the…


WeWork hit with big loss WeWork hit with big loss

SAN FRANCISCO: WeWork posted third-quarter losses of $1.25 billion despite the beleaguered office space…


Jamuna Bank

opens branch

in N’ganj Jamuna Bank opens branch in N’ganj

Jamuna Bank opened its 136th branch at BSCIC Fatulla in Narayanganj recently.  Jute and Textile…


Uttara bank

opens branch

in Kishoreganj Uttara bank opens branch in Kishoreganj

Uttara Bank Limited opened Karimganj branch of the bank at Karimganj in Kishoreganj on Thursday. Azharul…


Eastern Housing

approves 20pc

cash dividend Eastern Housing approves 20pc cash dividend

Eastern Housing Limited approved 20 percent cash dividend for its shareholders for the year 2019. The…


METAL, Mother

Seeds Industries

ink deal METAL, Mother Seeds Industries ink deal

METAL, a pioneer agri-mechanization and agri-seeds business group in Bangladesh signed an agreement…


GP ready to pay

Tk 200cr to BTRC GP ready to pay Tk 200cr to BTRC

Leading mobile phone operator Grameenphone (GP) on Thursday informed the apex court that it is ready…


Union Bank opens Fatikchhari branch in Ctg Union Bank opens Fatikchhari branch in Ctg

Union Bank Limited inaugurated the Fatikchhari Branch in Chattogram on Thursday. Omar Farooque, Managing…


French Q3 unemployment rate slightly up French Q3 unemployment rate slightly up

PARIS: France's unemployment rate stood at 8.6 percent in the third quarter of 2019, up by 0.1 percentage…


Chinese shares close higher Thursday Chinese shares close higher Thursday

BEIJING: Major Chinese stock indices closed higher on Thursday, with the benchmark Shanghai Composite…


US Fed chairman says current monetary policy ‘likely to remain appropriate’ US Fed chairman says current monetary policy ‘likely to remain appropriate’

WASHINGTON: The current stance of U.S. monetary policy is "likely to remain appropriate" as…


UCB opens 192nd branch

in Ctg UCB opens 192nd branch in Ctg

United Commercial Bank Limited (UCB) opened its 192nd branch at Boalkhali in Chattogram on Thursday.…


EBL, Sarah

Resort ink agreement EBL, Sarah Resort ink agreement

VISA, Mastercard, Diners Club International, Discover and Union Pay International cardholders of Eastern…


Duranta bike opens outlet at Rampura Duranta bike opens outlet at Rampura

The country’s popular bicycle brand ‘Duranta’ opened its new outlet in the capital…


Taka gains against euro, pound Taka gains against euro, pound

The local currency Taka went up against the Euro and the UK pound, while it 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 Thursday.…


Corporate Corner Corporate Corner

Finance Minister AHM Mustafa Kamal inaugurates the week-long Income Tax Fair-2019 on Officers’…

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