Bangladesh Bank sticks out machinery import loans
Bangladesh Bank sticks out machinery import loans

Bangladesh Bank has extended the loan tenure for foreign exchange loans under buyers and suppliers credit for importing capital machinery. Industrial entrepreneurs can now secure loans for up to three years, up from the previous one-year limit, reports UNB. In addition, the central bank has...

Ex-agriculture minister on 3-day remand
Ex-agriculture minister on 3-day remand

A court here On Wednesday placed former agriculture minister Md Abdus Shahid on a three-day fresh remand in a case lodged with Uttara West Police Station under the Foreign Exchange Regulation Act, 1947. Dhaka Metropolitan Magistrate Farzana Shakila Sumu Chowdhury passed the order after police...