ADB provides $121.55m for Bangladesh’s solar power generation
Shawdesh desk: The Asian Development Bank (ADB) has signed a $121.55 million financing package with Dynamic Sun Energy Private Limited to build and operate a 100-megawatt (MW) grid-connected solar photovoltaic power plant in Pabna, ReadMore
China keen to import mangoes from Bangladesh
Shawdesh Desk: China expressed its keenness to import mango from Bangladesh this year, said Chinese ambassador to Bangladesh Yao Wen. The Chinese ambassador came up with the information while talking ReadMore
Price fall in large-cap securities drives stocks down
Shawdesh Desk: Bangladesh’s bourses—the Dhaka Stock Exchange and the Chittagong Stock Exchange – on Thursday plunged due to mainly price fall in large-cap securities. DSEX, the prime index of the ReadMore
BB sells $11.67b to banks in 10 months
Shawdesh desk: The Bangladesh Bank sold $11.67 billion from its foreign exchange reserves to banks in less than 10 months amid a severe dollar crisis faced by the country’s banks. ReadMore
Gold price drops by Tk 3,138 per bhori
Shawdesh Desk: Jewellers in the country have reduced the gold prices by Tk3,138 per bhori and the new rate will be effective from 4 pm on Tuesday. Bangladesh Jewellers Association ReadMore
Departmental stores draw 49.61pc credit card transactions
Shawdesh Desk: Departmental stores were the primary destination for credit card transactions, accounting for 49.61 per cent of transactions in February, according to a Bangladesh Bank report. Apart from departmental ReadMore
Bank interest rate spread crosses 5pc after 9 years
Shawdesh desk: The weighted average interest rate spread in Bangladesh’s banking sector exceeded 5 per cent in February after 2015, driven by rising lending rates. According to Bangladesh Bank data, ReadMore
Gold price drops by Tk840 per bhori
Shawdesh Desk: Jewellers have decreased the price of gold by Tk840 to Tk1,18,797 per bhori (11.664 grams) due to a reduction in the price of pure gold on the local ReadMore
