• 1 bank to coordinate funding for SMEs in each district
  • Blasts shake Homs, Syria rebels hit back
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  • Md Mosharraf Hoshain

  • Tightened sanctions by the West have yet to dissuade Iran from pursuing its controversial nuclear programme but have triggered an oil price spike that could trigger a global recession. — Reuters photo

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1 bank to coordinate funding for SMEs in each district

Bangladesh Bank has asked the commercial banks to coordinate funding for SME activities by one particular bank in one district to spur the growth of small and medium enterprises across the country. Full story

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DSE turnover crosses Tk 600cr amid growing confidence

Dhaka stocks surged on Sunday with the turnover crossing Tk 600-crore mark amid growing confidence and participation of the investors. DGEN, the benchmark general index of Dhaka Stock... Full story

Ensure access to loan at lower interest: women entrepreneurs

Women entrepreneurs on Sunday sought support from the ministry of industries to ensure access to the required credit at the lower interest for strengthening small and medium industry across the country. Full story

Stall charge for women entrepreneurs at SAARC trade fair reduced

The organisers of the three-day 11th SAARC Trade Fair and Tourism Mart 2012 have reduced stall charge for the female entrepreneurs to Tk 10,000 from previous rate of Tk 15,000 to encourage women entrepreneurs. Full story

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Janata Bank gets new DMD

Md Mosharraf Hoshain
Md Mosharraf Hoshain Chowdhury has recently joined Janata Bank as deputy managing director. Prior his joining he was DMD of Rajshahi Krishi Unnayan Bank. Mosharraf started his banking career with Bangladesh... Full story

Iran sanctions put cloud over global growth

Tightened sanctions by the West have yet to dissuade Iran from pursuing its controversial nuclear programme but have triggered an oil
 price spike that could trigger a global recession. — Reuters photo
Tightened sanctions by the West have yet to dissuade Iran from pursuing its controversial nuclear programme but have triggered an oil price spike that could trigger a global recession. Full story

Singapore aims to become non-profit hub

Singapore has long courted international banks and companies in its drive to become a financial hub. But it is also wooing a very different sector: non-profit groups including campaign charities. Full story

Shell scrambles to pay huge bill for Iran oil

Royal Dutch Shell is struggling to pay off $1 billion that it owes Iran for crude oil because European Union and US financial sanctions now make it almost impossible to process payments, industry sources said. Full story

Maruti sees diesel spurring sales

India's largest automaker, Maruti Suzuki, expects car sales to increase by 10 per cent in the fiscal year beginning in April led by diesel models, its chairman said on Saturday. Full story

Last-minute shopping could lift US stocks

Portfolio managers will be doing some last-minute shopping for winners from the big stock market rally as they take part next week in the quarter-end ritual of window dressing. Full story


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