Chinese firm Bangladesh BaoRui Textile to invest $19.53 million in Mongla EPZ
The composite textile manufacturing facility is expected to generate 1,505 jobs Chinese company Bangladesh BaoRui
Energy companies forewarn gas cutoff for liquidity crunch
State-owned energy companies forewarn gas cutoff following impending acute liquidity crisis attributable to nearly Tk
ADB to finance $24.3m to establish solar power plant in Mymensingh
The Asian Development Bank (ADB) has signed a $24.3 million financing package with Muktagacha Solartech
BTRC lifts bar on local cache for faster internet
The Bangladesh Telecommunication Regulatory Commission (BTRC) yesterday repealed a directive it had passed in 2021
Govt may cut GDP growth projection to 5.25% this fiscal year
The interim government of Bangladesh will likely revise the country’s projection of gross domestic product
Credit card interest hiked to 25% max
The maximum amount of interest that banks can charge on credit cards has been hiked
Businesses will now get up to three years for payment: BB
Earlier, industries could import capital machinery under a 360-day usance term Bangladesh Bank (BB) has
Debt payment burden to intensify further
A spike in the already-increasing debt servicing burden is imminent as the country’s debt to
Renewable power plants get 15-yr tax exemption
The tax exemption for renewable energy-based power plants has been extended up to 15 years.
SS Steel’s Q1 profit surges 50%
The steel manufacturer posts higher cash collections as well SS Steel Ltd, a prominent steel manufacturer