AFP, FRANKFURT AM MAIN:  The European Central Bank should end its easy-money policy to avoid inflating market bubbles and relieve struggling eurozone lenders, Deutsche Bank chief John Cryan said yesterday. “The time of cheap money in Europe must come to an end, despite the strong euro,”…

Foreign Minister (FM) Abul Hassan Mahmood Ali has sought more support from United Nations Industrial Development Organization (UNIDO) for the enhancement of Bangladesh’s industrial productivity, with quality improvements to ensure export competitiveness in different sectors. He sought this during…

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 on Tuesday, reports BSS. Developing Asia’s share of the trade finance gap was 40 per cent of the…

Two Bangladeshi banks-Dutch-Bangla Bank Limited and BRAC Bank Limited-are among the winners of the third annual Trade Finance Program (TFP) Awards announced by the Asian Development Bank (ADB), reports BSS. The ADB announced the winners of its third annual TFP Awards at a dinner held on Tuesday in Singapore…

AFP, SEOUL:  Top of the list for new sanctions on North Korea after its sixth nuclear test is an oil embargo, which analysts say would have a crippling…

AFP, CHIBA: Japa-nese giant Nissan yesterday unveiled a new electric car with an extended range and semi-autonomous driving functions, as it seeks to…

Summit Power Limited, has recently appointed Md Mostafa Kamal as its new advisor. Prior to joining Summit, he held important positions such as Managing Director of Electricity Generation Company of Bangladesh (EGCBL), Director IPP Cell, Chief Engineer (Generation), Member (Distribution and Generation)…

Mohammad Jahangir Alam has been appointed as the deputy managing director of state-owned Sonali Bank Limited. Prior to the appointment, he served as general manager of the local office of State-Owned Rupali Bank Limited. Besides, he served as head of Dhaka Division South and North and Chittagong of…