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ADB okays $360m loan to boost Bangladesh Railway

ADB okays $360m loan to boost Bangladesh Railway

Asian Development Bank (ADB) has approved $360 million as loans to Bangladesh so the country can support its ongoing reform in the railway sector. The money will also be used to buy modern rolling stock Bangladesh Railway and to promote an overall shift from roads to rail, the ADB says in a news release on its website.


Alif Industries to invest Tk 400cr to expand garment business

Alif Industries plans to invest Tk 400 crore to expand its business in the garment sector.

Software expo begins tomorrow

The four-day BASIS SoftExpo 2018 kicks off tomorrow with the slogan “Designing the Future”, promising to be the country's largest exposition of software and ICT enabled services (ITES) bringing together companies, experts, policymakers and industry leaders.

Consumers spending more on diverse products: Nielsen

Consumerism is rising in Bangladesh owing to increasing disposable income and an expanding middle class who are spending on a new and wide range of products and services, said a senior official of global market research firm Nielsen.

Britain will not have 'Mad Max' economy to undercut rivals: Brexit minister

Brexit minister David Davis will say on Tuesday that Britain has no plans to recast itself as a regulation-light economy undercutting rivals on the continent, as he attempts to dispel a major concern of European Union leaders.

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