BB, SME Foundation sign deal on Tk 500m loan scheme The SME Foundation with support from Bangladesh Bank (BB) will provide the small and medium enterprises (SMEs) with low-cost loans through different financial institutions. In this regard, the central bank will provide the Foundation Tk 500 million for the special
Read MoreProposed KEZ set to get licence The proposed Kishoreganj Economic Zone (KEZ), a venture of Nitol Niloy Group, is set to obtain licence from the authorities concerned. As per the officials, the zone would be established on 91.63 acres of land in Pakundia Upazilla, next to Bhairab-Kishoreganj highway. It received
Read More‘Market to improve this year on stable economic growth’ The respondents of a survey have expressed mixed views on the capital market performance in 2018. A significant number of respondents feel that the securities regulator has capacity constraint as a regulator. On the other hand, many respondents think that the
Read MoreExport earnings grow 13.39pc in July-Jan period of FY ’19 Earnings from the country’s merchandise exports in the first seven months of the current fiscal year (FY) stood at US$ 24.17 billion, marking a 13.39 per cent growth over the corresponding period of last fiscal. The exports fetched $21.32 billion
Read MoreADB to lend more to BD The Asian Development Bank (ADB) said on Tuesday of extending its financial support further to Bangladesh’s development in future. The Manila-based lender said it will finance more development projects in addition to the current portfolios. ADB Country Director assured the Finance Minister of the
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