AIIB likely to finance four more projects Asian Infrastructure Investment Bank (AIIB) has so far invested US$ 274 million in three projects in Bangladesh and is now considering funding four more projects. We have invested in three projects in Bangladesh of which $49 million is for Bhola independent power producer,

BD Auto Industries project near completion Local and foreign shareholders of Bangladesh Auto Industries Ltd held a meeting with Kazi Mohd Aminul Islam, Executive Chairman of Bangladesh Investment Development Authority (BIDA) recently. The Company will manufacture environment-friendly two-wheeler, three-wheeler and four-wheeler cars within March-April of next year. Managing Director of

Shariah-based financial system getting popular Despite challenges, the shariah-based banking or financial system is getting popular day by day in Bangladesh and elsewhere in the world due to having its special and innovative features. Islamic Finance and Investment Limited (IFIL) organised the workshop on ‘Shariah Based Banking’ at the Institution

Stocks keep gaining amid growing confidence Stocks rallied for the ninth straight session on Wednesday amid growing investors’ confidence as the national election was held almost peacefully on December 30. Market analysts said the investors took a fresh position expecting better days ahead riding on political stability and more sound

DSE Turnover hits 16-month high Dhaka bourse witnessed marginal correction in broad index on Sunday following mixed performance displayed by major sectors. On the day, the turnover hit 16-month high as many investors injected fresh funds in securities, according to market operators. Investors’ participation was mostly concentrated in general insurance