IMF approves second tranche of $682mn loan for Bangladesh
The International Monetary Fund (IMF) has approved the installment of $682 million in the second portion of the $4.7 billion loan package allocated for Bangladesh11:49 13 December 2023
Ethiopian airlines to launch Dhaka-Addis Ababa flight March 8
Ethiopian airline has decided to commence flight between Addis Ababa and Dhaka from March 8 next as Bangladesh and Ethiopia, known as African aviation hub, signed an air service agreement (ASA) last week to establish direct air link01:02 13 December 2023
BGMEA president urges Epic Group to invest in high-end apparel development
Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), urged Epic Group to make investments in product and design development, particularly in high-end apparels in Bangladesh00:59 13 December 2023
ERD signs 3 grant agreements worth $80.68mn
The Economic Relations Division (ERD) of the Ministry of Finance signed three grant agreements worth $80.68 million with the Global Fund22:28 12 December 2023
Policy reforms, coordination crucial for desired growth in pvt investment: Principal Secy
Principal Secretary to the Prime Minister M. Tofazzel Hossain Miah has called for carrying out necessary policy reforms and alignment for fostering the growth of private investment in the country22:24 12 December 2023
BB inks deal with 6 banks for long-term dollar loans for exporters
Bangladesh Bank (BB) has inked deals with six private commercial banks for the Bangladesh Bank-Long Term Financing Facility (BB-LTFF).22:17 12 December 2023
Asia tracks Wall St rally ahead of run of data, Fed decision
Asian stocks rose Tuesday, following Wall Street`s lead as traders awaited a bumper round of market-moving events, starting with the release of US inflation data later today17:14 12 December 2023
BEZA inks land lease agreement with Amann Bangladesh Ltd
Bangladesh Economic Zones Authority (BEZA) haBEZA inks land lease agreement with Amann Bangladesh Ltds inked a land lease agreement with Amann Bangladesh Ltd16:55 12 December 2023
Stocks flat as large-cap issues tumble
Stock markets on Tuesday finished the session of the week flat as the major indices of the both Dhaka and Chittagong stock exchanges showed down trend amid lower activities of large-cap securities16:43 12 December 2023
’I’m destroyed’: UN envoys meet victims of Gaza war
UN Security Council ambassadors travelled to Egypt Monday to meet Gazan victims of the war between Israel and Hamas, days after the United States blocked a ceasefire resolution23:37 11 December 2023
India’s Supreme Court upholds revocation of Kashmir’s autonomy
India`s top court upheld on Monday a move by Prime Minister Narendra Modi`s government to revoke the limited autonomy of Muslim-majority Kashmir, where an insurgency has raged for decades, and ordered elections within a year23:31 11 December 2023
China says ’positive’ peace talks held over north Myanmar conflict
China said Monday peace talks had been held over the conflict in northern Myanmar and yielded "positive results", after weeks of fighting between the country`s junta and ethnic minority armed groups23:26 11 December 2023
Asian markets mixed ahead of US inflation data, Fed decision
Asian markets diverged Monday as investors awaited key US data and a Federal Reserve policy decision after labour figures last week suggested the US central bank was on course to deliver a soft landing for the economy while reining in inflation23:20 11 December 2023
Onion market to get stabilised within one week: DNCRP chief
Director General of the Directorate of National Consumers Right Protection (DNCRP) AHM Shafiquzzaman on Monday said the onion market is expected to get stabilised within one week23:14 11 December 2023
Investors propose buying US retailer Macy’s for $5.8bn: Report
A group of investors have offered to buy US department store giant Macy`s for $5.8 billion, the Wall Street Journal reported Monday23:09 11 December 2023
bKash highest VAT payer in service sector 2nd time in a row
For the second time in a row, bKash has been honoured by the National Board of Revenue (NBR) as the highest Value Added TAX (VAT) payer in service sector at national level for the fiscal year 2021-2223:05 11 December 2023
DSE, CSE stocks witness up on large-cap vibe
Stocks on Monday witnessed upward trend as major indices of both Dhaka and Chittagong Stock Exchanges were found rising with higher activities of some large-cap securities23:02 11 December 2023
Walton fridge starts sales, marketing through 300 showrooms in India
The Bangladeshi electronics giant, Walton, has successfully extended its brand presence in the Indian market by initiating the sales and marketing of its refrigerators through 300 outlets across India22:57 11 December 2023
Export Readiness Fund shows Bangladesh’s success in export diversify: Tapan
Commerce Ministry Senior Secretary Tapan Kanti Ghosh today said that the Export Readiness Fund (ERF), a matching-grant programme of the Export Competitiveness for Jobs Project, has shown how Bangladesh can diversify its exports beyond readymade garment22:38 11 December 2023
Labour conditions in RMG sector not in situation to face sanctions: Apparel leaders
Country`s apparel sector leaders on Monday said that labour conditions in the country`s readymade garment sector are not in such a situation that might face any potential economic or trade sanctions22:33 11 December 2023
FBCCI president stresses onion import from alternative markets to stabilize price
In response to the surge in onion prices in the market, country's apex trade body FBCCI President Mahbubul Alam has advocated for the import of onions from alternative markets if
17:53 11 December 2023
ADB to provide $400m to support climate priorities in Bangladesh
The Asian Development Bank (ADB) and the government of Bangladesh today signed a US$400 million policy-based loan to support the government of Bangladesh in implementing its National Adaptation Plan, 2023-205017:50 11 December 2023
Iran unveils drones armed with air-to-air missiles
Iran has reinforced its air defence capabilities by adding combat drones equipped with air-to-air missiles to its arsenal, state media reported on Sunday22:21 10 December 2023
COP28 pledges meet only 30% of needed energy emission cuts: IEA
Pledges made so far at the COP28 climate summit will only reduce energy-related greenhouse gas emissions by 30 percent of what is needed by 2030, the International Energy Agency said Sunday22:18 10 December 2023
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