BB extends both policy coverage, tenure Considering the Covid-19 pandemic, the central bank has allowed more time for the exporters to realise their export proceeds. The tenure has been extended up to seven months instead of existing six months, and the coverage of the relaxed policy widened to all export
Read MoreBangladesh gets $256.5m Green Climate Fund Bangladesh has received $256.5 million from the global Green Climate Fund to promote private sector investment through large scale adoption of energy-efficient technologies in the textile and garment sectors. This is the first concessional credit line for Bangladesh, and the first private sector financing
Read MoreRecord $1.2b remittance flows in 15 days of Nov Bangladesh earned a record $1.2 billion in remittance in the first 15 days in November, the finance ministry said yesterday, despite grim forecasts made at the height of the pandemic about the money sent by migrant workers. Even amid the coronavirus
Read MoreGovt caps MFS’s cash-out charge for safety net funds The government decision to distribute the fund under its social safety net programme through mobile financial services will ensure transparency and bring more unbanked people under the formal financial system, according to industry people. As part of its move to release
Read MoreBD companies to meet 100 Japanese entities A business matching meeting began online on Wednesday between 24 Bangladeshi companies and interested Japanese investors which ends on November 30.Japan External Trade Organization (JETRO), Japan-Bangladesh Cooperation Committee, Pacific Research Exchange Center facilitated the program. Over 380 Japanese companies including many prominent companies
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