3h ago| Business

Bangladesh to get $250 million from AIIB as budget support

The Asian Infrastructure Investment Bank (AIIB) has agreed to give $250 million in loan as budget support to implement the Strengthening Social Resilience Programme (sub-programme 2).

3h ago| Business

‘Next 10 years crucial for Bangladesh to fight climate change, poverty’

The next ten years are crucial for Bangladesh to prepare, adapt and transform societies, economies and all ecosystems as the world is now facing triple and interconnected crises: the climate emergency, rapid damage to biodiversity and extreme poverty, FBCCI President Md Jashim Uddin said.

4h ago| Business

Tk 5,000 crore scheme launched for capital machinery purchase

Bangladesh Bank today rolled out a Tk 5,000 crore refinance scheme to help borrowers procure environment-friendly capital machinery.

1d ago| Economy

Proper policies needed for ‘Smart Bangladesh’

The main challenges towards building a “Smart Bangladesh” are formulating proper policies and integrating government and academic entities and service providers, said experts yesterday. 

1d ago| Economy

Bangladesh can be a market for 300cr people

Bangladesh is the most ideal place for investment in the world and can become an investment centre for a market of 300 crore people, said Prime Minister Sheikh Hasina yesterday.

1d ago| Economy

BB injects Tk 4,000cr into 5 Islamic banks

Five Islamic banks yesterday borrowed nearly Tk 4,000 crore from Bangladesh Bank right after a liquidity support arrangement was offered by the central bank to cash-strapped Shariah-based banks. 

December 7, 2022
December 7, 2022

Bangladesh to get $250 million from AIIB as budget support

The Asian Infrastructure Investment Bank (AIIB) has agreed to give $250 million in loan as budget support to implement the Strengthening Social Resilience Programme (sub-programme 2).

December 7, 2022
December 7, 2022

‘Next 10 years crucial for Bangladesh to fight climate change, poverty’

The next ten years are crucial for Bangladesh to prepare, adapt and transform societies, economies and all ecosystems as the world is now facing triple and interconnected crises: the climate emergency, rapid damage to biodiversity and extreme poverty, FBCCI President Md Jashim Uddin said.

December 7, 2022
December 7, 2022

Tk 5,000 crore scheme launched for capital machinery purchase

Bangladesh Bank today rolled out a Tk 5,000 crore refinance scheme to help borrowers procure environment-friendly capital machinery.

December 7, 2022
December 7, 2022

Leather goods export to hit $10 billion by 2030: Munshi

Leather and leather goods export from Bangladesh will rise by 10 times to $10 billion by 2030 from the existing $1 billion, Commerce Minister Tipu Munshi said today.

December 7, 2022
December 7, 2022

Deadline extended for rice import at reduced tariff

The National Board of Revenue (NBR) has extended the scope for traders to import rice at reduced tariff by three months to March 31 next year to facilitate increased supply of the staple food and contain its prices in the local market.

December 7, 2022
December 7, 2022

Bangladesh demands restoration of US GSP during Ticfa talks 

Bangladesh has demanded the United States restore the generalised system of preferences (GSP) status during the 6th round meeting of the Trade and Investment Cooperation Forum Agreement (Ticfa) in Washington on Tuesday.

December 7, 2022
December 7, 2022

Rules tightened for banks’ car purchase

Banks would able to replace cars and other vehicles used by their chairmen and chief executive officers and the lenders if they are at least eight years old, said the central bank today.

December 7, 2022
December 7, 2022

Cassava cultivation catching on in hilly areas of Tangail

Cassava farmers in the Madhupur, Ghatail and Sakhipur upazilas of Tangail are enjoying bumper harvests of the crop, which has changed the fortunes of many in the fertile, hilly region.

December 7, 2022
December 7, 2022

High tariff protection for steel industry affects users

With the prices of mild steel (MS) products, namely rods, remaining high in the domestic market, the Bangladesh Trade and Tariff Commission (BTTC) has said high tariff protection on imports of billet is affecting local users.

December 7, 2022
December 7, 2022

Leather maintains healthy export growth despite global crisis

Despite the raging global economic crisis, Bangladesh’s leather and leather products sector witnessed a 17.56 per cent year-on-year growth in export earnings in the first five months of the current fiscal year on the back of orders shifting away from competitors.