Power Division has finally asked all the power distribution entities to directly purchase electricity from solar mini-grid operators to save their investment.
Read More »Algeria needs ‘economic dialogue’ to avoid crisis: ICG
Algeria’s government should launch a dialogue with the “Hirak” protest movement to prevent an economic crisis triggered by coronavirus lockdown measures and tumbling oil prices, a think tank said Monday.
Read More »Bourses begin week in upbeat
Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), today began week extending the gaining note of previous session.
Read More »Asia shares stymied by Sino-US spat, euro stays buoyant
Asian shares slipped from six-month peaks on Friday as Sino-US tensions soured what had been an upbeat week, while the euro held a 21-month top against an embattled dollar and gold neared a record high.
Read More »Nepal to sell power to BD, India
Nepal has allowed its energy authorities to trade electricity with Indian and Bangladesh, according to the Himalayan Times.
Read More »Budget deficit to go through the roof
Bangladesh’s budget deficit may shoot to as high as 10 per cent of the GDP in the current fiscal year as the government would have to keep spending more to tackle the brunt of the coronavirus pandemic amid a drastic fall in revenue generation, the World Bank said.
Read More »BB to weigh up pros and cons before final decision
The Bangladesh Bank board has refrained from making any final decision on the government’s proposal to get loans from the BB’s foreign currency reserve for development projects.
Read More »Only 35% of apparel makers’ production capacity booked for July-December 2020
In July, 56% of the total production capacity has been booked
Read More »Bangladesh gold prices reach record high amid pandemic
Jewellers in Bangladesh have raised gold prices to a record high amid the coronavirus pandemic.
Read More »Pioneer Insurance recommends 20pc cash dividend
The board of directors of Pioneer Insurance Company Limited has recommended a 20 per cent cash dividend for the year ended on December 31, 2019.
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