Bangladesh Bank (BB) on Monday opened a Tk 5 billion fund to provide financing facilities to the country's small and medium enterprises (SMEs).

Prime Minister Sheikh Hasina will sit with Power Division officials today to know about the work progress of a series of under-construction power projects, implementation of which are at stake in the tenure of the present government due to fund constraints.

The local currency depreciated by Tk 0.25 against the dollar in the past week after stability for nearly two months, treasury officials said.

Dhaka stocks fell for the third day on the back of a writ petition challenging the authority of the Securities and Exchange Commission.Ahmed Rashid, senior vice president of DSE said the market would not stabilise until the court settles the matter once and for all.

The European Commission insisted Monday that Spain asked the IMF to contribute monitoring expertise to an aid programme agreed by eurozone finance ministers for Spain's financial sector.

Finance Minister AMA Muhith says he has done enough for the stockmarket, but the market is not improving.“It's an evil market. I won't comment on it.”

The Foreign Investors' Chamber of Commerce and Industry (FICCI) termed the 2012-13 national budget proposed by the finance minister on Thursday, is somewhat bold and challenging at the backdrop of global economic recession.

Major (Retd) Dr Md Rezaul Haque , Chairman of the Board Audit Committee of Social Islami Bank Limited recently inaugurating an ATM Booth of the bank at Sonargaon Branch.

Local poultry farmers at a seminar has sought government support for rescuing the sector from collapse.Due to various mismanagements in the industry, the once-vibrant sector is now struggling hard for survival, they said.

International Finance Corporation (IFC) and Bangladesh Bank (BB) jointly organised a workshop to share the experiences of how foreign banks and non-financial banking institutions are responding to the non-financial services the small and medium enterprises (SME) need. The joint workshop was held ...