Stocks rise despite floor price removal The country’s stock market rose yesterday thanks to a boost in confidence among institutional investors, despite the removal of floor prices of all listed companies. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose by 16 points, or 0.27 per cent,

ADB approves $940m loan for vaccine purchase The Asian Development Bank yesterday approved a loan package of $940 million for Bangladesh to help the country buy Covid-19 vaccines. The package comprises a regular loan and a concessional loan of $470 million each, the Manila-based lender said in a press release.

Export of agro-products rises 53pc in 9 months The export of agricultural products increased substantially so far in the current fiscal year (FY 2018-19), amid a great leap in shipments of processed food items. According to the latest data of the Export Promotion Bureau (RPB), in the first nine months,

Ecnec approves 10 projects The Executive Committee of the National Economic Council (Ecnec) yesterday approved 10 development projects, half of which were revisions. The cost and deadline of some of them have been extended twice or thrice despite repeated directives from government high ups for not allowing unusual delays. Five

BEZA launches new project to boost capacity, lure investments Bangladesh Economic Zones Authority (BEZA) has taken an initiative to enhance its capacity to better manage industrial parks and thus attract more investments. To this effect, the BEZA on Tuesday inaugurated a new project, titled ‘Capacity Building of BEZA on EZ