Bangladesh Bank (BB) has raised the agriculture and rural loan disbursement target by 6.86 per cent to Tk 21,800 crore for the current 2018-19 financial year (FY19). Deputy Governor of central bank SM Moniruzzaman yesterday disclosed the target while rolling out the agriculture and rural credit policy…

Yunnan Construction and Investment Holding Group Company Limited (YCIH), a Chinese construction company, has expressed its interest to invest in the country’s infrastructure development projects, reports BSS. “We are keen to invest in the infrastructure projects, particularly in water supply…

Leaders of the BRICS emerging economies—Brazil, Russia, India, China and South Africa—was scheduled to  gather in Johannesburg yesterday for a three-day meeting focused on the threat of a US-led global trade war reports AFP from Johannesburg. US President Donald Trump’s hardening…

Germany’s biggest lender Deutsche Bank said yesterday a major restructuring under its new chief executive was in full swing, as it confirmed second-quarter profits that beat analysts’ previous expectations, reports AFP from Frankfurt Am Main. Net profits reached 401 million euros ($468 million)…

Irish no-frills airline Ryanair warned of more than 300 potential job cuts as it slashed its Dublin-based fleet following a recent pilots’ strike and cancelled some 300 flights across Europe as its cabin crew begin a two-day strike, reports AFP from Dublin. Europe’s largest low-cost carrier…

Dubai’s global ports operator DP World said yesterday it has signed a deal to build a logistics hub outside Bamako, the capital of Mali reports AFP from Dubai. The logistics hub will be located on the main road between Senegal’s capital Dakar and Bamako, in southern Mali, and close to the…

Iran replaced its central bank chief yesterday, local media reported, amid the fallout over banking scandals and the crisis facing the country’s economy, reports AFP from Tehran. Valiollah Seif, who had served as the bank’s governor since President Hassan Rouhani took power in August 2013,…