Business-Economy

Bangladesh presses Adani to revise its 55pc costlier power deal: Report

TDS Desk The Prof Yunus-led interim government has started pressing Adani Power, directly linked to India’s government, to renegotiate its power export deal, accusing the company of not complying with

All overdue int’l trade payments will be cleared within one month: BB governo

TDS Desk All overdue payments relating to Letters of Credit (LCs) will be cleared within one month, said Bangladesh Bank (BB) Governor Dr Ahsan H Mansur. “We’ve told the banks

Bangladesh, ADB ink $600m loan deal for structural reforms

TDS Desk: The Asian Development Bank (ADB) and the government of Bangladesh signed a $600 million policy-based loan (PBL) agreement on Wednesday, aiming to promote structural reforms supporting domestic resource

Remittance raises 26pc since Hasina’s fall: Law adviser

TDS Desk: The country’s remittance inflow has increased 26% since 5 August, when dictator Sheikh Hasina fled the country in a mass uprising, said Law Adviser Asif Nazrul on Wednesday.

1,900 metric tonnes of Indian potatoes arrive in market

TDS Desk: Amid overheated local markets, another shipment of 1,900 metric tonnes (MT) of potatoes arrived in Bangladesh from neighbouring India, officials said on Wednesday. An Indian freight train, carrying

ADB to provide $600m policy-based loan to Bangladesh

TDS Desk: The government has signed an agreement with the Asian Development Bank (ADB) for Police based Loan (PBL). Under the agreement, ABD would provide JPY ninety-one billion seven hundred