Global credit-rating agency Fitch has projected Bangladesh's economic outlook as stable for the current year also, but with a footnote that political and banking-sector risks remained on the flip side, a leading Bangladeshi newspaper has ...
Tags: Fitch, economic outlook
Bangladeshi apparel firm Standard Group has secured US$ 50 million low-coast loan from the Bangladesh Bank (BB) and other commercial banks in order to resume production at its fire-ravaged factory. The decision was announced by BB ...
Tags: Fire-Stricken, Apparel
Atiur Rahman, Governor of Bangladesh Bank, has given a call for strengthening and upgrading the country’s readymade garment (RMG) sector. The Governor was speaking at a seminar on ‘Responsible Business Lessons for the ...
Tags: Atiur Rahman, call for, Upgrading RMG Sector
Bangladesh’s central bank, Bangladesh Bank, has announced creation of a Tk 1 billion refinance fund for the country’s jute sector. Addressing a press conference, Bangladesh Bank’s deputy governor SK Sur Chowdhury ...
Tags: jute sector, Bangladesh Bank
The Central Bank of Bangladesh has created a fund of Tk 100 crore with the assistance of Japan International Cooperation Agency (JICA) to improve safety standards in the apparel sector. Factory owners will receive the loan from commercial ...
Tags: Bangla Garment, Textile
Japan will extend a sum of Tk 1 billion (US$ 10 million) to Bangladesh for reconstruction of readymade garment (RMG) manufacturing factories in Bangladesh that are in dire state. The loan will be issued by the Japan International ...
Tags: RMG Building
The Bangladesh Bank has extended Export Development Fund (EDF) loans to member mills of the Bangladesh Garments Accessories & Packaging Manufacturers & Exporters Association (BGAPMEA). “The EDF loans will be available also to ...
Tags: EDF loans, BGAPMEA members, garments