Finance Minister AHM Mustafa Kamal yesterday said that the government would facilitate the good loan defaulters as it is going to bring down the interest rate at flat seven per cent for them to repay their loans. “There are two types of loan recipients and defaulters– good and dishonest–…

Dhaka Chamber of Commerce and Industry (DCCI) yesterday urged Chinese entrepreneurs to come up with investment in Bangladesh’s machineries manufacturing…

Huawei, one of the world’s leading tech companies, exhibited its much-talked-about foldable smartphone Mate X with 5G facility in Bangladesh for…

US economists are less optimistic about the outlook and sharply lowered their growth forecasts for this year, amid slowing global growth and continued trade frictions, according to a survey published yesterday. And while the odds of a recession by 2020 remain low, they are rising, the National Association…

Confidence among Germany’s business leaders rose in March for the first time after six months of decline, according to the Ifo barometer released yesterday. The Munich-based Ifo institute’s business confidence index was up 0.9 points this month, standing at 99.6, compared to 98.7 in February,…

Janata Bank Limited, country’s one of the leading state- run banks, has installed digital vaults for the bank, the bank said in a press statement.The bank is the first of all state-run banks to install the digital vaults. Zaminur Rahman, general manager of ICT Department, Janata Bank, said that…

Chinese energy giant Sinopec, the world’s largest oil refiner, said yesterday its annual profit for 2018 soared by almost a quarter thanks to growing domestic demand for natural gas. Sinopec’s profit grew 23.4 percent to 63.1 billion yuan ($9.4 billion) in 2018, the company said in a report…