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
Monno Ceramic’s FY24 profit plummets 86%
Falling revenues and rising costs behind the profit decline
Satellite internet could enhance rural connectivity: Bida executive chairman
This connectivity could help upskill young people, says Chowdhury Ashik Mahmud Bin Harun
Garment export to US falls 6.29% in Jan-Sep
Bangladesh shipped $5.41 billion worth of apparels to the American market in the nine months
Plan on cards to introduce $1 billion orange bonds in Bangladesh
Orange bonds are a cross-cutting asset class designed to invest in gender equity and climate action
Address institutional shortcomings to implement social insurance scheme: experts
Analysts, experts attend the Second Social Insurance Forum jointly organised by the CPD and GiZ
Set a concrete target first to achieve growth in renewable energy: a study suggests
Shah Md Ahsan Habib, a professor at the Bangladesh Institute of Bank Management, conducted the study
Inflation rises to 10.87 percent in October from 9.92 percent in September
Inflation rises to 10.87 percent in October from 9.92 percent in September
Banks get higher target for lending to green, sustainable ventures
Bangladesh Bank has revised the lending target for green and sustainable ventures as banks in the country recently achieved the previous benchmark in this regard..As such, banks will have to disburse more loans for green and sustainable initiatives from next year as Bangladesh aims to redu
Don’t withdraw money from banks unless necessary: BB spokesperson
Deposited money is safe in banks, Husnay Ara Shikha says