Business-Economy

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

Tk6,000 bn needed in deficit financing over next two fiscals

TDS Desk: The country will need some Tk 5,824 billion as deficit financing in the next two fiscals where the domestic bond market is under focus of development to meet

Untold realities of remittance warriors

TDS Desk: When Mizanur Rahman left Bangladesh for Saudi Arabia over two decades ago, his goal was to make a fortune and support his family and siblings. But during his