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Business
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Increasing lending rate to affect investment
ICC-B workshop told
The recent move by Bangladesh Bank asking the commercial banks to increase their lending rates on the advice of IMF will definitely have negative impacts on the increasing trend in investment, Mahbubur
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Saifur sits with NBR officials today
Finance and Planning Minister M Saifur Rahman will sit today with the National Board of Revenue (NBR) officials to discuss on how to gear up revenue collections.
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Time for China to ease currency peg: Snow
The time has come for China to move toward a flexible exchange rate, US Treasury Secretary John Snow said here Friday as he prepared to meet counterparts from the Group of Seven industrialized countries.
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Banglalink, StanChart sign deal
Mobile phone operator Banglalink has signed a credit facility arrangement deal with Standard Chartered Bank in Dhaka on Wednesday.
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Indonesia FDI jumps 173pc to $4.28b
Indonesia's foreign direct investment (FDI) approvals in the three months to March rose 173 percent from a year earlier to 4.28 billion dollars, official data showed Friday.
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Onetel signs interconnectivity deal with BTTB, GP
Onetel Communications Ltd, which is going to provide wireless fixed phone services in Rajshahi division soon, has recently signed an interconnectivity deal with Bangladesh Telegraph and Telephone Board
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Developing nations moving away from IMF, WB
If developing nations are not given more say in global financial institutions, they will leave the fold of the International Monetary Fund and World Bank, a top Group of 24 official said Friday.
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‘World must adapt to high oil prices’
The world must adjust to persistently high energy prices, according to finance chiefs from rich nations who met on Friday amid financial market unease about the global expansion's durability.
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