$150m ADB Funding to build two City Regions The Asian Development Bank [ADB] will provide US$150 million in loan to finance infrastructure like roads and drains and build capacity in two densely-populated and fast-growing city regions-Dhaka and Khulna. An agreement to this effect was signed between the ADB and the
Read MoreYearly ICT-related Exports to stand at $5.0bn by 2021 The government has set an export target of ICT-related products and services worth around US$ 5.0 billion annually by 2021. Some 2.0 million employments will be created and 90 per cent people of the country will have internet connectivity by the
Read MoreStocks keep gaining as Bank issues surge Stocks posted marginal gain for the second straight session on Sunday as investors showed their appetite on Banking sector shares. The market opened on positive note and the key index rose more than 29 points within first 30 minutes of trading, but rest
Read MoreICB seeks Tk 1,000cr from BB The Investment Corporation of Bangladesh has sought Tk 1,000 crore in financial support from Bangladesh Bank on an “Emergency basis” to inject liquidity into the ailing capital market as part of its concerted efforts to bring back investor confidence. The largest financial investor in
Read MoreBangladesh to attain Highest Growth in Asia The Bangladesh Economy will grow at 8 percent this fiscal year, which would be the highest in Asia, as per the latest forecast of the Asian Development Bank. The forecast is close to the government target of 8.2 percent growth in fiscal 2019-20.
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