IFIC Bank gets nod to issue Tk500cr bond
The Bangladesh Securities and Exchange Commission (BSEC) on Wednesday allowed IFIC Bank to issue a Tk500 crore subordinated bond through the private placement to strengthen ...Details
Edible oil less expensive in Bangladesh than neighbours
Despite the recent price hike of edible oil in Bangladesh, the price of the essential commodity in the country is comparatively lower than other South Asian nations.
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Foreign debt servicing to exceed $10b in 3 years
Bangladesh is projected to spend $10.07 billion – more than Taka one lakh crore – for repaying foreign loans and interests in the next three fiscal years, ...Details
Inflation forces govt to shift focus from GDP growth
For the first time, the government is going to shift its budget focus from GDP growth to inflation as the ongoing Russia-Ukraine war has skyrocketed the prices of essentials ...Details
Overcapacity in power to hit 70pc soon
Per capita consumption among lowest in South Asia
Some of Bangladesh’s largest power plants are set ...Details
