Bangladesh Govt Creates Tk 1,500 Crore Fund For 6% Interest Solar Power Loans
Bangladesh's government has created a Tk 1,500 crore fund to provide 6% interest loans for solar power projects, distributed through IDCOL, BIFFL and PKSF.
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Bangladesh's government has created a Tk 1,500 crore fund to provide 6% interest loans for solar power projects, distributed through IDCOL, BIFFL and PKSF.
BSEC has fined Dominage Steel's chairman, directors and MD a total of Tk 51 million for IPO fund misuse, false information and deviation from approved utilisation plan.
President Trump has demanded the Fed lower rates to 1% after Chairman Warsh backed a 25bps rate hike to 3.75-4.00%, with 16 of 18 policymakers expecting further tightening by year-end.
Bangladesh's gas supply to industrial units has improved since September 15 evening, with BTMA confirming production capacity recovery and thanking the PM for the supply increase.
BPC Chairman has assured that Bangladesh will face no fuel supply crisis until December, with multiple infrastructure projects targeted for completion by year-end.
Bangladesh's gas supply rose to 2,610 mmcfd on September 15, nearing pre-disruption levels as Excelerate FSRU resumes LNG regasification and Chattogram industries report normalcy.
Bangladesh has introduced automated Account Verification System for savings certificates and bonds, with 9 of 11 national savings schemes now processed automatically for 39 lakh+ customers.
Dozens were injured in a clash between sacked Islami Bank employees and the Sachetan Grahak Forum outside the bank's head office in Dhaka, highlighting the bank's ongoing governance crisis.
Bangladesh's commerce ministry has removed REHAB President Ali Afzal over loan default, citing Bangladesh Bank CIB report under Section 23(1)(b) of the relevant law.
Bangladesh's Aus paddy farmers are facing heavy losses despite a good harvest, with prices falling Tk 300-400 per maund from a year ago amid large stocks and import-driven weak demand.
Bangladesh's IDRA has paid Tk 37.54 crore in insurance claims to 8,417 policyholders of seven troubled life insurers in two phases, with the initiative continuing to address remaining unpaid claims.
Bangladesh Bank data shows accounts holding over Tk 1 crore rose by 5,077 with deposits up Tk 16,000 crore in June quarter, but CPD warns tax concerns and capital flight are distorting the picture.