12 International companies to invest $5.78b in SEZs Twelve international companies would make around US$ 5.78 billion in foreign direct investment (FDI) in Bangladesh’s special economic zones (SEZs), generating 13,000 new jobs for the local people. As per the officials, the FDI is coming from Japan, Malaysia, China, United Kingdom

Foreign investors to purchase shares worth $100m of United Mymensingh Power United Power Generation & Distribution Company Limited and its major shareholder United Mymensingh Power Limited (“UMPL”) executed an agreement with an international private equity group for an investment of BDT 8.5 billion (approximately US$100 million). The investors will purchase

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 4.55% (Apr 04 ’18) 4.54% (Mar 28 ’18) 0.01% Call Money Lending (Crore BDT) 6,528.05 ( Apr 04’18) 7,818.75 (Mar 28 ’18) 16.5% Prices Weighted Average Deposit Rate 5.18% (Feb ’17) 5.01% (Jan’17) 0.17% Weighted Average Lending Rate

Mutual Trust Bank Limited (MTB) Mutual Trust Bank Limited (MTB) has recently signed an agreement with Guardian Life Insurance Limited. Under this agreement, MTB Credit Card holders will enjoy triple benefits insurance facilities through Guardian Life Insurance Limited, in case of specific unanticipated events. This arrangement will enable MTB cardholders

Development plans should be climate-smart: ADB Bangladesh should introduce environment-friendly public transport for both short and long distances to significantly reduce heat-trapping emissions and effectively address climate change effects, ADB’s country director said yesterday. Moreover, the government should coordinate efforts to mainstream adaptation and mitigate cross-cutting actions in development planning