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Loan distributions: MoF asks specialised banks to stay within mandates

Dhaka, Jan. 10 -- The Ministry of Finance (MoF) has instructed specialised banks to distribute loans according to their mandates after it was found that they were going beyond their authorised areas. ... Read More


Move on to get 10 SoEs, MNCs listed

Dhaka, Jan. 5 -- A move advances to rope in 10 more entities having public shares to the stock market long starved of good stocks and facing frequent volatilities, officials say. Of the ten blue-chip... Read More


Exports to Japan risk falling for privilege contraction

Dhaka, Dec. 19 -- Second thoughts on gains from trade deal with an economic biggie show Bangladesh's exports to Japan are destined to decline significantly for privilege contraction once the partnersh... Read More


Power div seeks extra fund in revised budget

Dhaka, Dec. 12 -- Additional budgetary allocations have been sought for public entities under different ministries to enable them to pay off electricity-bill arrears as they owe a hefty amount to the ... Read More


World Bank seeks faster government approvals for project effectiveness

Dhaka, Dec. 9 -- The World Bank (WB) has sought the government's cooperation for faster approvals to make a $350-million financing facility effective and operationalised. The facility aims to enhance... Read More


Government, AIIB in talks over $400m budget support credit

Dhaka, Dec. 6 -- The government is discussing with the Asian Infrastructure Investment Bank (AIIB) a $400 million fund in budget support credit to advance policy and institutional reforms, focusing on... Read More


A slew of 7,379 BD products getting free market access

Dhaka, Dec. 3 -- Bangladesh's maiden bilateral free-trade agreement is being signed this month with Japan that will accord 7,379 Bangladeshi products duty-free quota-free (DFQF) market access to world... Read More


EXIM Bank warns Payra power plant over delayed repayment

Dhaka, Dec. 1 -- China's EXIM Bank has warned the Bangladesh-China Power Company Ltd (BCPCL) that its failure to repay a US$129 million loan instalment due in early December could trigger a formal def... Read More


State insurer wants food directorate to resume coverage

Dhaka, Nov. 28 -- Sadharan Bima Corporation (SBC) has requested the food directorate to resume purchasing insurance coverage from the state-run insurer, in line with legal requirements that mandate go... Read More


Coverage of defence purchases by Sena Insurance opposed by public, private peers

Dhaka, Nov. 24 -- Stakeholders have strongly opposed a plea by Sena Kalyan Sangstha (SKS) to allow its concern, Sena Insurance, to underwrite insurance risks relating to defence purchases, terming the... Read More