Stocks snap three-day losing streak Stocks rebounded on Monday, snapping a three-day losing streak, as bargain hunters went on buying binge on large-cap issues. Market analysts said investors were active in the market throughout the session riding on the news of soaring foreign funds in the market. Net foreign fund
Read More12 International companies to invest $5.78b in SEZs Twelve international companies would make around US$ 5.78 billion in foreign direct investment (FDI) in Bangladesh’s special economic zones (SEZs), generating 13,000 new jobs for the local people. As per the officials, the FDI is coming from Japan, Malaysia, China, United Kingdom
Read MoreRMG exports soar 36pc Garment export to non-traditional markets grew by 36.21 percent year-on-year to $2.90 billion in the current fiscal year’s first six months because of a government stimulus package and duty-free market access. According to data from Export Promotion Bureau and the Bangladesh Garment Manufacturers and Exporters Association
Read MoreRising Chinese investment won’t hit other FDI sources The Bangladesh Bank (BB) has dismissed the possibility of any negative impact on the country’s overall FDI (foreign direct investment) inflow because of growing Chinese investment here under the Belt and Road Initiative (BRI). It rather suggested the possible users of BRI
Read MoreBB unveils H2 Monetary Policy Statement today The central bank is set to unveil its second half-yearly (H2) monetary policy statement (MPS) today (Wednesday) with a likely goal of achieving sustainable economic growth, putting a curb on inflation. Bangladesh Bank (BB) Governor Fazle Kabir will announce the MPS for the
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