ADB cuts Bangladesh growth forecast to 4% for FY27
Unreliable energy, logistics bottlenecks and slow approvals are holding back investment, the lender's outlook says.
Markets, banking, trade, macroeconomy, companies.
Unreliable energy, logistics bottlenecks and slow approvals are holding back investment, the lender's outlook says.
The country's largest private lender is in limbo, according to The Daily Star.
The newly merged investment agency says more than $400 million of the pipeline is at the decision or implementation stage.
The bank has informally asked some lenders to prepare for a formal process to acquire the business, The Business Standard reports.
Treasury gains and lower provisions drove the state-owned lender's earnings, The Business Standard reports.
Exporters had said the requirement ran counter to ease of doing business.
The industry body says the duty threatens local manufacturers and is holding up consignments at Chattogram Port.
Funding fell 95 percent from the same period last year, according to LightCastle Partners.
Mercantile, Citizens and NRB Bank signed participation agreements, with Mercantile citing schemes totalling Tk 5,000 crore.
4A Yarn Dyeing has generated its own electricity since 2019, including from solar — an exception in an industry losing production to gas and power shortages.
DCCI wants a shift from production volume to innovation, branding and value addition; an adviser says graduation must not constrain development.
The request came during a courtesy call at the central bank's head office.
The agreement covers the bank's Visa card portfolio and digital payment services.
Prothom Alo reports that energy shortages are disrupting production across the garment sector, and the fuel price rise threatens to push costs higher still.
OBUs may now buy, sell and swap foreign currencies with other banks and eligible entities for trade and business purposes.
The financing supports greater availability of the essential medicine in Bangladesh and abroad.
The bank signed participation agreements under two central-bank schemes aimed at expanding financing for green industries and ICT.
The role covers microfinance, technology, education, skills development, the migration programme and operations.