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
Star journo Ahsan Habib, 18 others awarded
Habib won the first prize in the private sector category for series reports on "War hit private sector harder than pandemic"
Strengthen IP rights regime to attract investment: AmCham
Bangladesh needs a stronger intellectual property protection mechanism to become more attractive for foreign direct investment, according to Syed Ershad Ahmed, president of the American Chamber of Commerce in Bangladesh (AmCham)..“A strengthened intellectual property rights (IPR) regime is
Potato prices jump as supplies shrink
Consumers in Bangladesh have been paying more for potatoes over the past week, with supplies of the tuber harvested in the previous season running low as the new season approaches..Additionally, the high profiteering tendency among a section of people in the supply chain is dealing a furth
Southeast Bank launches prepaid card with Mastercard and Zantrik for car maintenance
Southeast Bank PLC, in collaboration with Mastercard and Zantrik Limited, a vehicle maintenance startup, recently launched a prepaid card for the growing number of car owners in the country..The new card will offer a wide range of benefits to cardholders, allowing them to control their fue
Sajek, Khagrachhari open to tourists after month-long restriction
The tourism restriction imposed in Sajek valley of Rangamati and Khagrachhari for over a month was lifted today
BTRC to issue more NTTN licences if needed
Bangladesh Telecommunication Regulatory Commission (BTRC) will issue more Nationwide Telecommunication Transmission Network (NTTN) licences if services to customers are compromised as the regulator prioritises service quality, said BTRC Chairman Maj Gen (retd) Md Emdad Ul Bari yesterday.
Newly formed BWTCC starts allocating serials of lighter vessels
The cell also cuts freight rates by up to 5%
Stocks rise after falling for a day
The prime index of the Dhaka Stock Exchange rose 61.64 points or 1.19% to 5,252