Business


ADB to invest $20 million in Meghna Group to enhance food security

Business —5 December, 2024 12:56

The Asian Development Bank (ADB) and Tanveer Dal Mill and Flour Mills of Meghna Group have signed a $20 million loan agreement to support the construction…

ADB to invest $20 million in Meghna Group to enhance food security

BB approves Tk 3,000cr low-interest loan for ICB

The Investment Corporation of Bangladesh (ICB) has received…

BB approves Tk 3,000cr low-interest loan for ICB
Chinese firm to invest $19.53m in Mongla EPZ

Bangladesh BaoRui Textile Co. Ltd., a Chinese company, is set…

Chinese firm to invest $19.53m in Mongla EPZ

Bangladeshi expatriates remit $2.2b in November

Bangladeshi expatriates remit $2.2b in November

Bangladesh received US $2.2 billion in inward remittance in November through the official channel, which is 12.25 percent more year-on-year. Bangladesh Bank's (BB) latest remittance…

Maximum interest rate on credit cards raised to 25%

Maximum interest rate on credit cards raised to 25%

Bangladesh Bank (BB) has fixed the maximum interest rate on credit cards at 25 percent from 20 percent after banks insisted the central bank raise the rate to recover operation costs.…

Interest grows among Japanese firms to invest in Bangladesh: JETRO

Interest grows among Japanese firms to invest in Bangladesh: JETRO

Japan External Trade Organisation (JETRO) Dhaka Country Representative Yuji Ando said Japanese firms have started to show interest to invest in Bangladesh as political situation is…

BB provides Tk 22,500cr liquidity support to banks

BB provides Tk 22,500cr liquidity support to banks

The Bangladesh Bank (BB) has provided Tk 22,500 crore in liquidity support to several banks facing a liquidity crunch, said Governor Dr Ahsan H Mansur on Thursday. Speaking at a press…

Economy gradually recovering after July-August movement: MCCI

Economy gradually recovering after July-August movement: MCCI

The Metropolitan Chamber of Commerce and Industry (MCCI) has said the economy has been gradually recovering despite the political instability after the July-August movement. In its…

Teletalk launches trial online SIM service

Teletalk launches trial online SIM service

Teletalk Bangladesh Limited, the country’s sole state-owned mobile operator, has launched its trial online SIM service.The service started on Wednesday as part of a commercial…

Malaysia requested for supplying palm oil ahead of Ramadan

Malaysia requested for supplying palm oil ahead of Ramadan

Bangladesh has requested Malaysia to take necessary measures as early as possible to supply refined palm oil to Bangladesh through the Trading Corporation of Bangladesh (TCB) under…

Local firms can tie up globally for LNG supply

Local firms can tie up globally for LNG supply

Local companies now have the opportunity to collaborate with prospective international spot suppliers through joint ventures to ensure a steady supply of LNG to Petrobangla, fostering…

Nasreen Awal appointed Mongolia’s Honorary Consul General

Nasreen Awal appointed Mongolia’s Honorary Consul General

Nasreen Fatema Awal, a renowned businesswoman and the founding president of the Women Entrepreneurs Association of Bangladesh (WEAB), has been appointed as the Honorary Consul General…

BIDA chief invites Chinese investors in post-US election landscape 

BIDA chief invites Chinese investors in post-US election landscape 

  Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun has invited China-based manufacturers to invest in Bangladesh in the wake…

DSE index marked downward trend last week

DSE index marked downward trend last week

Bangladesh's stock market showed a downward movement last week as it lost 130.75 points and stable market to level 5198. The percentage change for the broad index was 1.70 percent.…

ATAB, Beijing tourism bureau ink MoU

ATAB, Beijing tourism bureau ink MoU

The Association of Travel Agents of Bangladesh (ATAB) and the Beijing Culture and Tourism Bureau today signed a Memorandum of Understanding (MoU) in Beijing to promote bilateral tourism…

US charges billionaire Gautam Adani for bribery

US charges billionaire Gautam Adani for bribery

An Indian businessman who is one of the world’s richest people has been indicted in the US on charges he duped investors by concealing that his company's huge solar energy project…

BB issues guidelines for JV business operations in Bangladesh

BB issues guidelines for JV business operations in Bangladesh

Bangladesh Bank (BB) has issued guidelines for operations of business in Bangladesh by Joint Ventures or Consortiums or Associations (JVCA) having foreign partner (s) in order to make…