Forex reserves rise to $21.75b
The foreign exchange reserves held by Bangladesh Bank have increased to $21.75 billion, according to the BPM6 method of calculation used by the International Monetary Fund (IMF), reports bdnews24.com. On Apr 30 this year, reserves had exceeded $22 billion after 19 months. Before that, reserves had previously reached $22 billion...
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92pc of BD exports to UK to remain duty-free after LDC graduation
After Bangladesh leaves the Least Developed Country (LDC) group, 92 per cent of its export items will still enjoy zero duty in the United Kingdom (UK).Also, more than 99.8 per cent of Bangladeshi products will continue to enjoy zero duty in the UK until 2029, said British High Commissioner to...
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No plan to raise fuel prices for now, says energy adviser
Despite a slight rise in global oil prices amid the Middle East tensions, the government has no plan to raise fuel prices in the domestic market for now, Energy Affairs Adviser Muhammad Fouzul Kabir Khan said on Monday, reports UNB."Any disruption in fuel supply will depend on how long the...
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Green Delta Capital closes $100m debt financing for construction of terminal at Ctg port
Green Delta Capital Limited (GDC), a premier investment bank, has successfully closed a $100 million limited recourse debt financing package for RSGT Bangladesh Ltd. (RSGTB), marking a historic milestone in the country's infrastructure development journey. Green Delta Capital acted as the exclusive Lead Arranger and Adviser to the Transaction for...
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