Japan to lend $1.31b for Matarbari power plant Japan has agreed to lend Bangladesh $1.31 billion under the 40th official development assistance (ODA) loan package for the construction of the Matarbari ultra-supercritical coal-fired power plant. Earlier, Bangladesh signed a deal for over $1.2 billion with Japan for four projects, including
Read MoreParliament Okays finance bill Parliament on Saturday approved the finance bill-2019 with amendments made by lawmakers and suggestions from businesses. Some 10 lawmakers proposed a public opinion poll on the bill, but that was rejected by voice vote. Prime Minister Sheikh Hasina moved the finance bill according to the wish
Read MoreBB opens GTF for all sectors Bangladesh Bank on Wednesday opened up its Green Transformation Fund (GTF) for all manufacturing and export oriented entities irrespective of sector. Earlier, the BB only allowed three sectors — textile, leather and jute — to access fund from the GTF to import capital machinery
Read MorePrivate importers free to sell LNG to other users The private parties concerned will have the liberty to sell re-gasified LNG at the prices negotiated with their buyers under the maiden LNG import policy adopted by the government recently. Under the “LNG Import Policy for Private Sector 2019,” the private
Read MoreRecord FDI in 2018 Bangladesh received net foreign direct investment (FDI) amounting to $3.61 billion in 2018, its highest yet thanks to the one-off payment of $1.47 billion by Japan Tobacco Inc. to purchase Akij Group’s tobacco Business. The inflows are an increase of 67.94 percent from a year earlier,
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