The Infrastructure Development Company Limited (IDCOL) has extended $20 million long-term loan to Dhaka RAD Elevated Expressway Company Limited (DREECL), an SPV (Special Purpose Vehicle) formed to implement a PPP project, says a press release. The project is designed to improve Hatirjheel (Rampura Bridge)-Shekherjaiga-Amulia-Demra Road (with link to Tarabo and Chittagong Road). A loan agreement…
Read Article
Non-basmati white rice, which India has banned for export, is mainly purchased by Senegal, Benin, Togo, Bangladesh, and Cote d’Ivoire. Labourers unload rice bags from a supply truck at India’s main rice port at Kakinada Anchorage in the southern state of Andhra Pradesh, India, on 2 September 2021. PHOTO: REUTERS Indian rice exporters have been…
On July 19, on the sidelines of the first summit of the leaders of Central Asian countries and the Cooperation Council for the Arab States of the Gulf, President Shavkat Mirziyoyev held talks with the Crown Prince, Prime Minister of Saudi Arabia Mohammed bin Salman Al Saud. The Crown Prince cordially congratulated Shavkat Mirziyoyev on his convincing…
Japan is becoming a major trading partner of Bangladesh in terms of export and investment. The country’s manufacturers have set a target of $10 billion in apparel export earnings from Japan by 2030. Also, Japan has emerged as a major source of investment for Bangladesh in recent years. Bangladesh first export to Japan among the…
The Middle East has long been the centre of geopolitical priorities for the United States and for the most part, the global hegemon had maintained a sphere of influence over the major power in the region. The US fostered the rise of Israel and protected it from regional rivals with its annual $3 billion aid,…