ADB approves $940m loan for vaccine purchase The Asian Development Bank yesterday approved a loan package of $940 million for Bangladesh to help the country buy Covid-19 vaccines. The package comprises a regular loan and a concessional loan of $470 million each, the Manila-based lender said in a press release.
Read MoreFloor price removal takes Dhaka stocks to new high Dhaka stocks rose to a three-and-a-half-year high yesterday as institutional investors received a boost following the complete withdrawal of the floor price for all companies by the regulator. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), was up
Read MoreStocks rise despite floor price removal The country’s stock market rose yesterday thanks to a boost in confidence among institutional investors, despite the removal of floor prices of all listed companies. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose by 16 points, or 0.27 per cent,
Read More4 state-owned banks sign Tk 30.55b loan agreement for power plant A synidication project loan facility agreement was signed between the Unique Meghnaghat Power Limited and four state-owned banks — Sonali Bank, Janata Bank, Agrani Bank and Rupali Bank — at a city hotel on Tuesday. Agrani Bank Limited is
Read MoreStocks rebound as insurers show momentum Stocks posted a marginal gain on Tuesday, after a two-day moderate correction, driven mainly by general insurance shares. The market opened higher which persisted till the end of the session with some volatility as investors mostly focused on general insurance issues. DSEX, the prime
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