ICB, DSE shareholders to invest fresh funds soon The state-run Investment Corporation of Bangladesh (ICB) and the Dhaka Stock Exchange (DSE) shareholders are set to invest their much-talked-about fresh funds in the capital market very soon. They expressed optimism regarding the fresh investment at a meeting in the capital on

BB, SME Foundation sign deal on Tk 500m loan scheme The SME Foundation with support from Bangladesh Bank (BB) will provide the small and medium enterprises (SMEs) with low-cost loans through different financial institutions. In this regard, the central bank will provide the Foundation Tk 500 million for the special

GDP size up, growth down as new base year takes effect The economic growth rates posted in recent years were revised downwards but the size of the economy expanded thanks to a new base year adopted by the Bangladesh Bureau of Statistics (BBS). For example, Bangladesh’s gross domestic product (GDP)

Japan to lend $1.31b for Matarbari power plant Japan has agreed to lend Bangladesh $1.31 billion under the 40th official development assistance (ODA) loan package for the construction of the Matarbari ultra-supercritical coal-fired power plant. Earlier, Bangladesh signed a deal for over $1.2 billion with Japan for four projects, including

Bangladesh Bank asks banks to ensure timely disposal of money suits The Bangladesh Bank (BB) Wednesday instructed the banks to take measures for timely disposal of the cases pending with Artha Rin Adalat or money loan court-incidentally, when banks reportedly feel liquidity crunch. Banking Regulations and Policy Department of the