The microfinance programme of the Islami Bank Bangladesh Limited (IBBL) is getting huge response from the rural and urban poor and slum dwellers as the bank has already disbursed Tk 18,856.15 crore loans among them till August 31, 2017, reports BSS. "Currently, the Rural Development Scheme (RDS)…

The much awaited mobile number portability (MNP) service will be launched from February next year, Tarana Halim, state minster for posts and telecomunnications,…

Business Initiative Leading Development (BUILD) has signed a Memorandum of Understanding (MoU) with the International Trade Centre (ITC) to support joint research linked to enabling trade and business environment in Bangladesh, reports BSS. Nihad Kabir, Chairman of the Trustee Board of BUILD and Gerard…

Bangladesh University of Professionals (BUP) yesterday signed a Memorandum of Understanding (MoU) with Japanese Saera Pharmacy Co aiming to create employment opportunities for the students after their graduation, reports UNB. BUP registrar Brig Gen Abul Kashem Md Ibrahim and Saera Pharmacy Co president…

Shipping Minister Shajahan Khan yesterday said the government is keen to solve the housing problem of the gar-ment workers and ensure their trade union rights, reports BSS. “The present government is a workers-friendly government. We are aware of solving the housing problem of garment workers…

AFP, WASHINGTON: President Donald Trump on Thursday nominated Federal Reserve Governor Jerome “Jay” Powell to lead the US central bank, saying…

AFP, LONDON:  The Bank of England on Thursday raised its  main interest rate for the first time since 2007 as it tackles Brexit-fuelled  inflation, and signalled more hikes lie ahead. Policymakers voted 7-2 to tighten borrowing costs to 0.50 per cent from a  record low of 0.25 per…

AFP, CARACAS: Crisis-hit Venezuela, seen by many investors on the threshold of default, will try to restructure its debt after its oil company makes a scheduled $1.2 billion payment, according to President Nicolas Maduro on Thursday. “After this payment, I decree a refinancing and a restructuring…

AFP, HONG KONG:  Apple’s flagship iPhone X hit stores in Asia yesterday, as the world’s most valuable company predicted bumper sales…