Business-Economy

BD, ADB sign $1.3b loan agreements for 4 mega projects

TDS Desk: Bangladesh on Friday signed loan agreements worth $1.3 billion with the Asian Development Bank (ADB) to finance four major development projects focusing on climate resilience, renewable energy, transport

$3.6b budget support expected by month-end

Staff Correspondent: Bangladesh’s foreign exchange reserves are expected to receive an inflow of $3.618 billion as budget support from global lenders before the current fiscal year ends on 30 June,

Beef, rice prices surge, chicken, egg costs fall

Staff Correspondent: In the wake of Eid, retail markets in Dhaka are witnessing rising prices of rice and beef, while broiler chicken and eggs are now available at lower prices.

Deposits increase 33-fold in one year

Staff Correspondent: The amount of money deposited by Bangladeshis in banks in Switzerland has increased 33-fold in a single year. The total deposits have risen to about 590 million Swiss

Global FDI drops again, future also grim

TDS Desk: Global foreign direct investment (FDI) dropped by 11 per cent in the last year, marking the second consecutive year of decline and also confirming a sharp slowdown in

ADB approves $500m loan for Bangladesh’s banking sector reform

TDS Desk: The Asian Development Bank (ADB) on Thursday approved a $500 million policy-based loan to stabilise and reform the banking sector in Bangladesh by strengthening regulatory supervision, corporate governance,