PBL signs deal with BB under JICA assisted SME project

An agreement was signed between Bangladesh Bank and Pubali Bank Ltd (PBL) under JICA Assisted Financial Sector Project for the development of Small & Medium sized Enterprises at Bangladesh Bank conference room recently. In the presence of AHM Kai-Khasru, Executive Director of Bangladesh Bank, 7 banks and non-bank financial institutions, including Pubali Bank took part in the signing ceremony on behalf of their own organization. Bangladesh Bank_JAICASukom...

Bangladesh key economic indicators – Dec 25

DAILY INDICATORS

Tuesday Previous Taka/US $ (inter-bank) 77.75-77.7525 77.75-77.75 Call money rate (inter-bank) 06.25-08.00 05.65-08.00 Dhaka Stock Exchange index 4,228.91 4,265.24 --------------------------------------------------------------- indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Nov. 7.15 7.03 M2 supply (bln taka) (BB) Oct. 6,403.17 6,267.23 Forex reserves ($bln)(BB) Nov. 17.11 17.35 Exports(FOB) ($mln)(BB) Nov. 2,2...

NRBCB opens branch at Uttara in city

The 8th Branch of NRBCB (NRB Commercial Bank Ltd) was inaugurated at Uttara in the capital. Rafikul Islam Mia Arzoo and Tamal S M Parvez, Director of the bank jointly inaugurated the branch on Tuesday. New Picture Uttara BranchThe programme was attended among others by the Chairman of the bank Engr. Farasath Ali, Vice Chairman Dr Toufique Rahman chowdhury, D...

Govt okays $85.5m foreign loan for 12 private projects

The government has approved $85.5 million foreign loan for 12 private projects including power, textile, telecom and pharmaceuticals. The Board of Investment Scrutiny Committee for approval of private sector foreign borrowing cleared the loan at its 81st meeting on Tuesday. boiThe meeting was presided over by Dr Atiur Rahman, Governor, Bangladesh Bank and Convenor of the committee, while the committee members including representatives of the Prime Minister's office, Ministry of Finance, Ministry of Comm...

First-ever 5-star resort in Srimangal kicks off

The first-ever 5-star resort established with total local investment in Srimangal upazila namely ‘Grand Sultan Tea Resort and Golf’ is going to start its journey on Wednesday. Khwaja Tipu Sultan, Chairman of Excursion and Resorts Bangladesh Ltd, the mother concern of the resort, will formally open the resort in the evening on the day. Five-Star-hotelPopular singers will rock the resort area on the first day of the two-day inaugural ceremony, reports UNB. Besides, inv...

RMG exports jump 20.73pc in July-Nov’13

The exports of Bangladesh ready made garments increased by 20.73 percent in the first five months of the current fiscal year 2013-14 to US$ 9.653 billion, as against exports of US$ 7.995 billion made during the corresponding period of previous fiscal, the data from the Export Promotion Bureau (EPB) showed. Knitwear exports registered US$ 4.899 billion during July-November 2013 period, showing a year-on-year increase of 20.48 percent over exports worth US$ 4.066 billion made during the same period last year. Workers sort clothes at a garment factory near the collapsed Rana Plaza building in S...
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