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Govt issues Tk 5.8b state guarantees in favour of TCB to help procure essentials

Dhaka, Dec. 18 -- The government has issued three state guarantees totalling Tk 5.80 billion in favour of Sonali Bank to facilitate the procurement of essential commodities by the Trading Corporation ... Read More


Levying fees on state guarantees against risk-laden loans likely

Dhaka, Dec. 14 -- A government move gets underway for revising the fee structure for state guarantees against both foreign and domestic loans to introduce a risk-based pricing mechanism to reduce fisc... Read More


Govt's no to 20pc power bill rebate facility for fish, livestock and poultry farms

Dhaka, Dec. 12 -- The government has decided not to include fisheries, hatcheries, livestock and poultry farms in its existing 20 per cent electricity bill rebate scheme, despite recognising their ris... Read More


State-run sugar mills face crisis as BSFIC fails to secure funds for farmers

Dhaka, Dec. 10 -- The financial stability of eight state-run sugar mills is under threat as the Bangladesh Sugar and Food Industries Corporation (BSFIC) struggles to secure adequate funds to pay sugar... Read More


BTB asks customs not to allow any tea import consignment

Dhaka, Dec. 6 -- The Bangladesh Tea Board (BTB) has requested the customs authorities not to allow any tea import consignments without prior approval from the regulator, sources said The move comes a... Read More


Govt lends Tk 10b to troubled ICB to invest in stocks

Dhaka, Nov. 25 -- The Investment Corporation of Bangladesh (ICB) gets a Tk10-billion in interest-bearing government loan to invest in stocks to resuscitate bearish bourses of the country, sources say.... Read More


Refiners seek sharp hike in edible oil prices

Dhaka, Nov. 24 -- Edible-oil refiners have proposed increasing the prices of soybean and palm oils by Tk 10 and Tk 19 per litre respectively, citing rising import costs and international market volati... Read More


CCTF seeks increased allocation to expand climate-risk activities

Dhaka, Nov. 23 -- The Ministry of Environment, Forest, and Climate Change (MoEFCC) has sought an additional allocation for the climate change trust fund, aiming to sustain and expand climate-risk miti... Read More


Uniform pricing model for edible oil in the offing

Dhaka, Nov. 19 -- The government has initiated a comprehensive move to develop a uniform, transparent and data-driven pricing structure, especially for soybean and palm oils, aiming to strengthen regu... Read More


Free trade access to largest market mostly missed, remedies overlooked

Dhaka, Nov. 15 -- Bangladesh miserably fails to avail the enormous opportunities the world's largest market, China, has offered, mainly due to a deep-seated crisis in product diversification, competit... Read More