News

European shares bounced from two-week lows on Friday but were still set for weekly losses after a sell-off that was marked by fears of a second wave of COVID-19 infections, Brexit-related uncertainty and doubts about more US fiscal stimulus.

Seven state-run banks have not disbursed any fund from the central bank’s stimulus fund of Tk 3,000 crore for low-income professionals, marginal farmers and micro-enterprises.

Several bilateral issues over Bangladeshi workers were discussed at the meeting

LEADS 2020, a unique multi-faceted 4-day global thought leadership initiative, has recently organized a virtual conference to evolve a shared vision among global leaders, to reimagine economic growth with neighboring South Asian countries.

Bangladesh Bank (BB) has instructed all mobile financial service (MFS) providers to inform their customers about type and charges of the products in details to ensure transparency of their services.

Rajshahi Krishi Unnayan Bank (RAKUB) has disbursed around Taka 764.36 crore agriculture loans in the country’s northwest (NW) region during the last three months and 13 days of the current 2020-21 fiscal year to facilitate increasing crop production and enhance rural economy.

CHATTOGRAM: The construction work of Elevated Expressway from Lalkhan Bazar to Shah Amanat International Airport is continuing in full swing as the project has been set on fast track after the Local Government, Rural Development & Cooperatives (LGRD) minister gave a directive in this regard last week.

The International Monetary Fund on Tuesday said forecasts for the global economy were “somewhat less dire” as wealthy countries and China rebounded more quickly than expected from coronavirus lockdowns but warned that the outlook was worsening for many emerging markets, reports Reuters.

A total of 30 closed-end mutual funds out of 37 have long been traded below their face value and Net Asset Value (NAV) on the country’s premier  bourse Dhaka Stock Exchange (DSE), frustrating both local and portfolio investors

They made the projection in its “World Economic Outlook,” released in its website on Wednesday.