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Invest Bangladesh reports $1.3 billion prospective investment pipeline

Bangladesh, Sept. 23 -- Invest Bangladesh has reported significant progress under its 180-day investment plan, with the country's prospective investment pipeline reaching $1.3 billion. Of these, more... Read More


Affordable internet hinges on pvt investment in submarine cable mkt

Bangladesh, Sept. 23 -- Achieving affordable internet in Bangladesh will remain difficult without greater private-sector investment in international connectivity infrastructure, experts said at a semi... Read More


Runner opens showroom to sell Chinese electric scooters

Bangladesh, Sept. 22 -- Runner Automobiles is expanding its presence in Bangladesh's emerging electric two-wheeler market through YADEA, inaugurating the country's largest exclusive showroom of the gl... Read More


Inflation relapse feared on across-the-board cost spikes

Bangladesh, Sept. 21 -- A brusque announcement ramping up prices of all major fuel oils has sent shockwaves through Bangladesh's economic landscape as economists fear a severe impact on inflation like... Read More


BB allows OBUs to optimize foreign currency funding arrangements

Bangladesh, Sept. 21 -- The central bank has allowed banks' Offshore Banking Units (OBUs) to undertake outright foreign-currency purchase and sale transactions and cross-currency swaps with eligible c... Read More


BAFFA opposes licences for fully foreign-owned freight forwarders

Bangladesh, Sept. 21 -- The Bangladesh Freight Forwarders Association (BAFFA) has opposed issuing freight forwarding licences to fully foreign-owned companies, saying meaningful local participation is... Read More


Dominage Steel top brass fined Tk 51m for IPO fund utilisation lapses

Bangladesh, Sept. 17 -- The market watchdog has slapped an aggregate fine of Tk 51 million on the chairman, directors and senior officials of Dominage Steel Building Systems for failing to properly ut... Read More


Regulator promises retrospective benefits once IPO rules are revised

Bangladesh, Sept. 17 -- If companies get listed now under the existing rules, they will be offered the benefits of any changes to those rules once they come into effect, the securities regulator said ... Read More


Attack and vandalism at Kazi Farms feed mill in Panchagarh; production halted

Bangladesh, Sept. 17 -- A feed mill belonging to Kazi Farms, one of the country's major poultry enterprises, located in Panchagarh has been subjected to an attack, vandalism, and looting. Advertiseme... Read More


Shahjalal Islami Bank joins BB pre-financing scheme for leather industry

Bangladesh, Sept. 17 -- Shahjalal Islami Bank PLC has signed an agreement with Bangladesh Bank under its pre-financing scheme to support the leather and leather goods industry. Advertisement In the p... Read More