ADB Approves USD 175m Loan to Expand Electricity in Chattogram Hill Tracts

The Asian Development Bank (ADB) has sanctioned a USD 175 million concessional credit to broaden access to dependable and economical electricity within Bangladesh's Chattogram Hill Tracts, aiding in boosting incomes,

Aslam Chowdhury Cannot Take Oath: Appellate Division

The Appellate Division has ruled that BNP leader Aslam Chowdhury, who won the Chattogram-4 constituency, cannot take his oath of office due to being a loan defaulter. Consequently, his election results

Japan, Bangladesh Sign USD 312m Energy and Economic Support Loan

Japan and Bangladesh signed an agreement for a major Japanese Official Development Assistance (ODA) loan of up to 50 billion yen (approximately USD 312 million) to bolster Bangladesh’s economic resilience

Sri Lanka Raises Fuel Prices by 6% Following USD 695m IMF Loan Installment

Sri Lanka raised fuel prices by up to six percent on Sunday, executing a critical policy alignment with International Monetary Fund (IMF) plans to ensure energy cost recovery and systematically

BB Relaxes Loan Rules for Hide Traders to Boost Leather Sector

In a major move to bolster the leather sector, Bangladesh Bank has relaxed loan conditions for raw hide traders ahead of Eid-ul-Azha, allowing them to access new financing without first

Bangladesh Secures USD 250m ADB Loan for Social Resilience Reforms

The Asian Development Bank (ADB) approved a USD 250 million loan on Friday to assist the government of Bangladesh in operationalising and institutionalising critical reforms aimed at enhancing the efficiency,

Govt Scraps Interest-Free Car Loans for Officials in Major Austerity Move

The government has suspended interest-free vehicle loans for civil servants as part of a broader austerity drive. The decision was finalized during a high-stakes Cabinet meeting chaired by Prime Minister Tarique

PM Orders Loans for Students, Targets 100,000 Workers for Japan

Prime Minister Tarique Rahman has directed the Ministry of Expatriates' Welfare and Overseas Employment to establish a loan support system for students pursuing higher education abroad. The initiative specifically aims to

Relief for 1.2 Million Farmers / Govt Waives Loans Up to BDT 10,000 at PM’s Directive

The government announced the waiver of agricultural loans up to BDT 10,000 for 12 lakh farmers across the nation. The decision was formalized during a cabinet meeting held on Thursday at

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