Govt borrowing $1.0b hard-term IsDB loan
Bangladesh is borrowing US$1.0-billion hard-term loan from the Islamic Development Bank (IsDB) for much-needed upgrading of Eastern Refinery's oil-refining capacity by 3.0 million tonnes a year, officials say. The government's Standing Committee on Non-Concessional Loans, headed by Finance and Planning Minister Amir Khosru Mahmud Chowdhury, approved the borrowing of this...
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Ctg deluged as downpour disrupts life across country
Port city Chattogram got deluged amid a 33-year-record rainfall measuring over 400 millimetres Tuesday as downpour disrupted life and business across Bangladesh on the day. Export-import trade handling at the country's prime seaport halted as almost the whole of the southeastern city sank under knee-to-thigh-deep rainwater, says a Financial Express...
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BD posts 44pc rise in investments
Bangladesh netted a phenomenally higher annual foreign direct investment worth US$1.78 billion in 2025 as the global flow of FDI marked resurgence last year after two barren years. The global and local FDI rises are quantified in the World Investment Report (WIR) 2026 just released in Geneva on Tuesday morning...
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PMI slips as manufacturing loses momentum
The private sector continued to expand in June, albeit at a slower pace, as manufacturing and construction slipped back into contraction, highlighting mounting pressure from higher production costs, weaker demand and seasonal disruptions.Purchasing Managers' Index (PMI) fell by 9.9 points in June from the previous month to 52.9, signalling slower...
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Players vie for the ball in the FIFA World Cup 2026 match between Argentina and Egypt on Tuesday (BST)
Players vie for the ball in the FIFA World Cup 2026 match between Argentina and Egypt on Tuesday (BST). Argentina had much of the play but trailed to Ibrahim's 15th-minute header. That was the first goal Argentina have conceded in the first half of a World Cup match since their...
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