Industries
Germany to provide €180m for cooperation projects
Germany will provide around €180.81 million (approximately Tk 2,265 crore) for bilateral development cooperation projects in Bangladesh that focus on a number of mutually agreed core areas..Of the total support, €45.8 million will be in the form of technical cooperation and the rest in the
Stocks fall after two-day gains
Major indices of the stock market in Bangladesh fell yesterday on gaining for two days as investors opted for caution in their trades amidst political and economic uncertainties..The last few days were downbeat for investors and the market centring Bangladesh’s foreign credit rating being
National Bank recovers Tk 900cr bad loans till Oct
National Bank has been able to recover about Tk 900 crore of defaulted loans as of October and initiatives are underway to recover another Tk 400 crore by this year, said its chairman, Abdul Awal Mintoo, yesterday. .He was addressing a press conference at its head office in the capital’s
Deal signed for 181 million euro German financial, technical cooperation support
45.8 million euro will come as technical cooperation and 135 million euro as financial support
Six crisis-hit banks get Tk 22,500 crore BB fund
The banks are: FSIBL, SIBL, Exim, National, Union and Global Islami
Provide venture capital, private equity to startups, SMEs
Bangladesh’s future depends on creating a knowledge-driven economy, and new businesses require a supportive environment to succeed alongside funding, which can come in the form of venture capital and private equity, said speakers at a discussion recently..Venture capital is a type of finan
Exports to EU may fall 20%
Bangladesh's overall exports to the European Union (EU) may fall by as much as 20 percent due to the combined impacts of the nation’s graduation from least developed country (LDC) status and the EU-Vietnam Free Trade Agreement (EVFTA), according to a study..Mohammad Abdur Razzaque, chairma
Extend tenure of Tk 200 crore stockmarket fund, BSEC urges BB
The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore
‘Three Zeros’ of Yunus a major catalyst for SDGs
The vision of “Three Zeros” of Dr Muhammad Yunus, chief adviser to the interim government, can act as a major catalyst for achieving Sustainable Development Goals (SDGs), a speaker said at a recent workshop..The “Three Zeros” -- zero poverty, zero unemployment and zero net carbon emissions
GPH Ispat posts Tk 85.64 crore in FY25, up 205% year-on-year
The steel manufacturer made Tk 85.64 crore in FY25, up 205% year-on-year
Interim govt to continue the Japan funded project
The interim government will undertake a lone mega project during its tenure, namely the Matarbari deep-sea port, according to Planning and Education Adviser Prof Wahiduddin Mahmud.
31 orgs, individuals receive tourism, hospitality awards
Thirty-one organisations and individuals in 25 categories have been recognised and awarded for their excellence in Bangladesh travel, tourism and hospitality sectors
Olympic Industries to buy lands at Bashundhara, Narayanganj
The company will spend Tk 11.51 crore for the Bashundhara land and Tk 15.32 lakh at Narayanganj
Bangladesh Submarine Cables profit falls 34 percent
The company attributed the drop to reduced earnings from international private leased circuit (IPLC) rent and IP Transit services, heightened market competition, and the prolonged disconnection of defaulted clients
Wage growth still below inflation
Unskilled workers wage grew 8.01% in September this year when inflation was 9.92%
14 companies asked to explain failure to pay dividends
The companies declared dividends last year, but failed to hand over those