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ADB approves $600m budget support

Business Report : The Asian Development Bank (ADB) will provide a $600 million policy-based loan (PBL) to the government of Bangladesh, with a package of structural reforms supporting the mobilization of domestic resources. The...

Price fall in large-cap drives stocks further down

Business Report : Country’s both the bourses– Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — on Wednesday plunged further due to mainly price fall in large-cap securities. DSEX, the broad index of...

Govt to procure 1.30 lakh MTs fertiliser

Business Report : The government approved separate proposals for procuring 1.30 lakh Metric Tons (MTs) of fertilizer to meet the growing demand of the country on Wednesday. The approval came from the 16th meeting...

UCB inks deal with Prime Bank

Business Report : Universal College Bangladesh (UCB) has signed a Memorandum of Understanding (MoU) with Prime Bank PLC, creating new opportunities for UCB graduates to launch their professional careers. The signing ceremony, held at...