Business - NsNewsWire

ADB TO PROVIDE BANGLADESH WITH AROUND $5 BILLION IN 2020-2022

Asian Development Bank (ADB) Country Director for Bangladesh Manmohan Parkash met with Prime Minister Sheikh Hasina at the parliament office on 11 September and appraised her about ADB’s enhanced development programs for Bangladesh. Country Director Mr. Parkash handed over to PM Hasina ADB’s new Country Operations Business Plan (COBP) for 2020-2022, which programs around $5 […]

Bangladesh expects 1 bln USD development project assistance from AIIB

Bangladesh expects to receive 1 billion U.S. dollars in loans from the Asian Infrastructure Investment Bank (AIIB) to strengthen its efforts for implementation of its various development projects, reports Xinhua. Bangladeshi Cabinet Secretary Mohammad Shafiul Alam Monday in a press conference made the announcement in Dhaka. He said the AIIB loan issue was discussed in […]

Bangladesh’s main bourse dips below 5,000-point mark

Bangladesh’s main Dhaka Stock Exchange (DSE) on Wednesday plunged below the 5,000-point mark, reports Xinhua. Dhaka stocks suffered a blow on Wednesday for the second consecutive day with its prime index dipping to 32-month low, as worried investors sold shares fearing further fall. DSEX, the benchmark index of the prime bourse, dipped 75.79 points or 1.51 percent on the […]

Bangladesh discusses electricity import from neighbors

The Bangladeshi government has been talking about importing electricity from its four neighbors to meet the growing local demand, reports Xinhua. Prime Minister Sheikh Hasina on Wednesday said talks are underway to import electricity from Bhutan, India, Myanmar and Nepal. Meanwhile, she said Bangladesh is importing 600 MW of power from India through trans-border grid […]

Bangladesh Participates at the 84th Thessaloniki International Fair

Bangladesh Embassy in Athens is participating at the 84th Thessaloniki International Fair 2019 being held in the northern port city of Thessaloniki, Greece, which is also the second largest city after capital Athens. This year Bangladesh’s theme is “Bangladesh, a dream destination for Trade & Investment”. In the evening of 7 September, Greek Prime Minister […]

BRI to foster development, connectivity across global corridors: think-tank

DHAKA, Sept. 9 (Xinhua) — The Centre for Policy Dialogue (CPD), a leading Bangladeshi civil society think tank, has said that the Belt and Road Initiative (BRI) promises to deliver physical and soft infrastructure across its corridors with the aim of improving regional integration, bolstering global trade and fostering economic growth. The CPD estimates […]

Ministry of Primary and Mass Education inks a deal with Rupali Bank SureCash again for this fiscal year

Rupali Bank SureCash has been successfully disbursing primary students’ stipend to their mothers for consecutively for 3 years now. As a result, Ministry of Primary and Mass Education has made an agreement with Rupali Bank SureCash again. Under this project 1 crore 78 lakhs mothers have been registered for mobile banking account till now and […]

TECNO Sponsors Bangladesh U17 Championship

TECNO is proud to be the sponsor of 2019 Bangladesh Under 17 (U-17) championship program. On September 5th, the press launch was hold in Le Meridien, Dhaka, where Tournament Trophy & Jersey were revealed. The Bangladesh U-17 National Football Match is a youth football competition operated under the Bangladesh Football Federation. In 2019, the U-17 […]

Statement of Robi Axiata Ltd over show-cause notice on license cancellation

“Issuing show-cause notice over license cancellation will create a adverse reaction among the investors and uncertainty will be loomed among subscribers. We will send reply of the notice in due course,” said Shahed Alam, Chief Corporate and Regulatory Officer of Robi Axiata Ltd. Robi Press Release