Only 45pc of committed foreign loans disbursed in FY 2012
The foreign lenders and development partners have disbursed only 45 per cent or $2,033.44 million, as loans and grants, out of the sum of $4,497.79 million that they had committed to Bangladesh in the just... Full storyBB extends time for 13 failed NBFIs
The non-bank financial institutions which failed to raise their minimum paid-up capital to Tk 100 crore by the June 30 deadline would face merger with other NBFIs if they fail to meet the requirement by December... Full storyGovt drafts industrial dev, innovation act
The government has drafted Industrial Development and Innovation Act-2012 with an aim to ensure sustainable industrialisation, encourage technology innovation and attract foreign direct investment for a rapid... Full story2G licence renewal within August: Muhith
Finance minister AMA Muhith on Thursday said the 2G licence renewal process of four mobile phone operators would be done within August this year. The finance minister said this after an inter-ministerial meeting... Full storyStocks rise amid optimism over WB fund
Dhaka stocks gained on Thursday amid investors’ optimism following media reports that the government has requested the World Bank to reconsider its decision on canceling US$ 1.2 billion loan for the Padma bridge project. Full storyDisaster-hit Japan could use microfinance: Yunus
Nobel prize winner Muhammad Yunus said Thursday that microfinance could help disaster-struck Japan rebuild, even though the concept he pioneered is usually associated with poor and developing nations. Full storyECB pledges total support for euro
The head of the European Central Bank, Mario Draghi, pledged Thursday full support for Europe's single currency as analysts noted that the ECB might represent the euro's last line of defence. Full storyMarket Disclosures
Al-Arafah Islami Bank Md Ashik Hossain, one of the directors of the company, has expressed his intention to sell 12,90,000 shares out of his total holding of 1,55,54,524 shares of the company at prevailing... Full storyFacebook hopes investors like first earnings
Facebook was to report its first earnings as a public company Thursday in an announcement that was closely watched for signs of whether the social media giant could deliver on its financial promise. Full storyCash-strapped Britain eyes Olympic business bounce
British prime minister David Cameron urged global business leaders gathered in London on Thursday ahead of the Olympics to invest in Britain, a day after data showed the economy is in much worse shape than previously thought. Full storySpain not mulling seeking further EU help
Nissan’s profit down 15pc
Nissan on Thursday posted a 15 per cent drop in quarterly profit as a strong yen and weak European market dented earnings, but Japan’s second-biggest automaker said its full-year forecast was on track. Full storyChinese buying more luxury goods at home: survey
