Economy

Nuclear fuel handover ceremony for RNPP Thursday

Shawdesh desk: The nuclear fuel hand over ceremony (graduation ceremony) for Rooppur Nuclear Power Plant will be held at the plant site in Pabna on Thursday as Bangladesh prime minister

Default loans rise by Tk 24,419cr in 3 months

Shawdesh desk: The volume of non-performing loans in Bangladesh’s banking sector increased by nearly Tk 24,419 crore in just three months to hit a record Tk 1,56,039 crore by the

India’s private space sector skyrockets

Shawdesh desk: When Indian entrepreneur Awais Ahmed founded his satellite startup in Bangalore in 2019, his country was still a year away from opening the space industry to the private sector.

BB sets max interest rate of 10.20pc on industrial loans for six months

Shawdesh Desk: The interest rate on loans from banks in October has been set at 10.20 per cent as per Bangladesh Bank’s formula. The method, based on which the interest

Japan to provide $1,500 million more for Matarbari power plant

Shawdesh Desk: Japan will provide 2,17,556 million Japanese Yen (approximately $1,500 million) more in seventh tranche under the 44th Japanese Loan Package (2nd batch) for the Matarbari Ultra Super Critical

Flouting BB Governor’s decision, dollar rate hikes

Shawdesh Desk; Bangladesh Bank decided not to bring major changes in the US dollar exchange rate before the upcoming national election. The central bank’s Governor Abdur Rouf Talukder informed of

Many renowned Saudi cos interested to invest in Bangladesh: envoy

Shawdesh desk: Ambassador of the Kingdom of Saudi Arabia to Bangladesh, Essa bin Yousef Al Duhailan, has said that Bangladesh is an emerging economic power in Southeast Asia, and Saudi

UK set to backtrack on net zero policies

Shawdesh Desk: The UK is set to backtrack on policies aimed at achieving net zero emissions by 2050, Prime Minister Rishi Sunak suggested on Tuesday, setting up a possible rift