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Business & Economy

ERD Secretary Fatima Yasmin and South Korean Ambassador to Bangladesh LEE Jang-Keun signing an arrangement at Economic Relations Division (ERD) conference room at the Sher-e-Bangla Nagor in the capital on Sunday to provide $700 million soft loan support for Bangladesh to help the latter’s economy recover from Covid-19 shocks. This loan amount will be disbursed by the Korea Exim Bank by 2025. The rate of interest under the soft loan programme is .01% to .05% and the maturity period is 40 years, including a grace period of 15 years.

Rezaul made SBL’s GM

Business Desk :Md Rezaul Karim has been promoted as the General Manager (GM) of stated owned Sonali Bank Limired (SBL). Prior, Md Rezaul Karim served...

Robert Chatterton Dickson, British High Commissioner to Bangladesh, along with Teressa Albor, wife of Dickson, Derek Griffiths, Head of Trade and Investment, Bangladesh and Tom Burge, Counsellor/Head of Governance and Political Team, visits BEXIMCO Industrial Park and BEXIMCO PPE Park at Ashulia in Savar on Sunday. Syed Naved Husain,Beximco Group Director & CEO and Neyamul Hasan, Country Business Line Leader of Intertek BD, were present.

Pathao, GDI ink deal

Business Desk :Pathao, Bangladesh’s largest ride-sharing platform has launched an insurance program in partnership with Green Delta Insurance, to ensure a safe commuting experience for...