Prime Minister and governing Bangladesh Awami League president Sheikh Hasina Tuesday called upon the leaders and workers of her party and its associate bodies, affluent section of the society and well-wishers to extend hands of cooperation to the country’s lower income, poor and working class people. In a statement, she said the life and livelihood…
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A Presidential Decree “On Measures to Improve the Financial and Economic Status of Enterprises in the Cotton Industry” was signed. According to the Decree, the following measures are outlined to financially rehabilitate cotton-textile clusters: Clusters that fully repay the concessional loans provided by commercial banks for cotton cultivation in 2023 using funds from the State…
For the first time in the history of Uzbekistan’s banking system, Uzpromstroybank has issued international bonds on the main market of the London Stock Exchange in Reg S and 144A formats, denominated in US dollars and Uzbek soums. The issuance of international bonds in Reg S and 144A formats has enabled the bank to reach…
Saneg Oil Italy has commenced the production and sale of 10 new Saneg motor oils in Italy. Among these are synthetic motor oils Saneg Premium Dex 0W-20 and 5W-30, formulated to GM’s Dexos 1 Gen 3 specifications, and Saneg Premium C3 5W-40, which meets the requirements of car manufacturers such as BMW, Mercedes-Benz, Volkswagen, Fiat,…
The Export Promotion Bureau (EPB) is taking more time than it usually does to release the export data for June apparently because of the shock following the central bank’s correction of overseas sales figures. Bangladesh Bank data showed on Wednesday that actual exports in July-April of fiscal year 2023-24 were nearly $14 billion below the…