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IMF urges Bangladesh to maintain tight monetary policy, boost revenue

Bangladesh, Oct. 15 -- The International Monetary Fund (IMF) has called on Bangladesh to maintain tight monetary policy to contain inflation, strengthen its weak financial sector and increase revenue ... Read More


Dhaka pushes for Chinese investment, seeks greater US assistance

Bangladesh, Oct. 15 -- Bangladesh is seeking to shift its financing relationship with China from loans towards direct investment and joint ventures, as the government looks to reduce reliance on borro... Read More


Aziz Pipes surges 150pc since Jan despite factory shutdown

Bangladesh, Oct. 15 -- Junk stock Aziz Pipes has continued its rally unabated without any change in its poor fundamentals. The company's operations have remained suspended since May last year, accordi... Read More


DBH Finance's Q3 profit down 22pc due to provision, lower investment income

Bangladesh, Oct. 15 -- Despite a surge in interest income, DBH Finance experienced a 22.35 per cent year-on-year decline in profit, to Tk 251.22 million, in July-September (Q3). A significant fall in... Read More


Eco-friendly production, digital traceability vital to boost shrimp exports: Muktadir

Bangladesh, Oct. 15 -- Commerce Minister Khandakar Abdul Muktadir today (Thursday) called for strengthening eco-friendly production, workers' rights and digital traceability across the supply chain to... Read More


Govt moves to form RMG wage board amid Tk 30,000 wage demand

Bangladesh, Oct. 15 -- The government has asked owners and workers' organisations to nominate their respective representatives aiming to form wage board to review wages for the country's garment secto... Read More


Govt forms panel to prioritise industrial gas supply amid shortage

Bangladesh, Oct. 15 -- The government has formed a committee comprising business leaders and energy sector officials to determine priority access to gas connections and supplies for industrial establi... Read More


China Exim Bank to expedite financing for major power sector projects

Bangladesh, Oct. 15 -- Bangladesh and the Export-Import Bank of China (China Exim Bank) have agreed to strengthen cooperation and expedite financing for major power sector projects, including the expa... Read More


Three-member subcommittee formed to assess solar panel installation at Parliament complex

Bangladesh, Oct. 15 -- A three-member subcommittee has been formed to assess the feasibility of installing solar panels at the National Parliament complex and prepare a report on the proposal, with em... Read More


Govt tenders, procurement suspended until new rules, rate schedule issued

Bangladesh, Oct. 15 -- The Local Government Division (LGD) has directed the suspension of all types of tenders and procurement processes for government works until the necessary rules are formulated u... Read More