South Korean Company to invest US$ 6m in Mongla EPZ South Korean Company M/s Hwashin (BD) Limited will invest US$ 6 million to establish a Cosmetics Accessories Industry in Mongla Export Processing Zone. An agreement in this regard has been signed between Bangladesh Export Processing Zones Authority (BEPZA) and M/s
Read MoreBCIC to get Tk 48b counter-guarantee According to official, the government is set to extend counter-guarantees worth Tk 48 billion for the Bangladesh Chemical Industries Corporation (BCIC).The measure will facilitate uninterrupted imports of fertiliser for the country’s agriculture sector.The BCIC recently wrote to industries ministry seeking extension of the tenure
Read MoreExport to India soars 53pc to $1.07b The country’s overall export to India reached US$1.07 billion during July-April period of the current fiscal (FY), 2018-19, marking a robust 53 per cent growth. According to the state-owned Export Promotion Bureau (EPB) data, Bangladesh earned $701.56 million during the corresponding period of
Read MoreMost Banks’ EPS up in Jan-Mar The consolidated earnings per share (EPS) of most of the listed Banks rose in the first quarter (Q1) for January-March, 2019 of this year compared to that of the same quarter last year. EPS is the portion of a Company’s profit allocated to each
Read MoreEBL, IDCOL arrange syndication loan for Midland East Power Eastern Bank Ltd. (EBL) and Infrastructure Development Company (IDCOL) as Joint Lead Arrangers have arranged USD 67.25 million, BDT 920 million and Working Capital Facility of BDT 4,165 million for the Midland East Power Limited at Ashuganj, Brahmanbaria. A joint venture
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