The credit disbursement for the small and medium enterprises (SMEs) increased by 19.86 per cent in the first six months of 2017 compared to the corresponding period in the last year, according to the Bangladesh Bank (BB) data, reports BSS. "The growth of SME loan disbursement witnessed upward trends…

International Chamber of Commerce Bangladesh (ICCB) called on Australia to set up an export processing zone in Bangladesh and take the advantage of the facilities extended by the government, reports BSS. In a meeting with officials of Austrade in Sydney, ICCB President Mahbubur Rahman made the call…

AFP, LONDON:  More than 600,000 people had by yesterday signed a petition asking London transport authorities to reverse their decision not to renew Uber’s licence when it expires. Friday’s decision to ban the ride-sharing service was “affecting the real lives of a huge number…

AFP, SHENYANG: Trucks carrying hi-tech car components rumble in and out the gates of an American industrial zone in the heart of China’s rust belt—using…

AFP, PARIS:  When Paris fashion week begins today, it will do so in a city that is once again the undisputed fashion capital of the world. New York, Milan and London have all tried to take its crown, but more than ever Paris remains fashion’s reference point, analysts insist. An exodus of…

AFP, LONDON: As EU nationals leave Britain in ever greater numbers ahead of Brexit, restaurants like pizzeria chain Franco Manca are reporting shortages…

Uber is not just a taxi-hailing app which has been baked into the lives of hundreds of millions of passengers and millions of drivers worldwide, reports BBC. It is the poster child for a form of working that has earned the company its own verb. Uberisation has come to mean the turning of traditional…

Stocks opened week downward as major sectors closing the session with falling trend at both Dhaka and Chittagong Stock exchanges yesterday, reports BSS. The broader index DSEX of Dhaka Stock Exchange (DSE) finished the session with 5.15 points down at 6,165.32. But, the blue-chip DS30 and Shariah DSES…

XINHUA, SHANGHAI: Chinese enterprises have positive expectations on investment in BRICS countries. “The investment in Brazil will reach 70 per cent of our company’s overall overseas investment, after the completion of the acquisition,” Ge Junjie, chairman of Hunan Dakang Pasture Farming,…

Mercantile Bank Ltd (MBL) organised a day long training program on ‘Prevention on Money Laundering & Combating the Financing of Terrorism’ for the officials of different scheduled banks operating in Mymensingh district recently, the company said in a press release. Mercantile Bank has…

Xinhua, GENEVA: The annual economic growth of Switzerland in 2017 is expected to be below one per cent after revision, possibly the slowest since 2009, State Secretariat for Economic Affairs (SECO) said Saturday. The latest statistics from SECO predicted a growth rate of 0.9 per cent for 2017, which…

AFP, ATHENS: Greece will remain under supervision after it exits its current bailout and Athens must achieve "economic and political stability," the head of a group of Eurozone finance ministers said Saturday. Greece has received two multi-billion euro bailouts since 2010. The third rescue…

PTI, Chennai: A weak trend prevailed in the wholesale foodgrains market in Chennai, India with prices of a majority of commodities declining during the week ended Saturday. Thoor dal, urad dal, gram dal, sugar and maida ruled easy while price of moong dal increased. Thoor dal and urad dal opened the…