Technip revises down construction cost of oil refinery to $ 2.23b French firm Technip, which is keen to clinch the contract for building the country’s second crude oil refinery, has revised down the estimated cost of its construction to US$ 2.23 billion.The oil refinery will have an annual capacity of
Read MoreChange-makers receive AAA awards American Alumni Association (AAA) recognized individuals for their outstanding contributions towards growth of Bangladesh. AAA arranged the award giving ceremony for the recognition recently. Winners received the awards in several categories like Education, Service to Society, Business Innovation, Public Affairs, Science and Technology, Arts, Culture and
Read MoreGovt seeks opinions of Central Bank, BSEC The Ministry of Finance [MoF] has sought opinions from the Central Bank and the securities regulator on a loan amount of Tk 100 billion [10,000 crore] sought by stock brokers to shore up the moribund stock market. The chairman of the Bangladesh Securities
Read MorePoverty Rate slips to 20.5 per cent The poverty rate in Bangladesh fell by 1.3 percentage points to 20.5 per cent in the fiscal year [FY] 2018-19. In the previous FY2018, the poverty rate was estimated at 21.8 per cent by the Bangladesh Bureau of Statistics [BBS]. After a meeting
Read MoreE-commerce sales to reach $3b in 4 years Bangladesh’s e-commerce market stands at $1.6 billion currently and will double to $3 billion by 2023 on the back of a digital foundation laid down by the government and a young and tech-savvy population, a German research firm said recently. In terms
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