14,400 Farmers in Jashore to Receive Subsidies to Cultivate Ayush

Prime Bank PLC has signed a Memorandum of Understanding (MoU) with Syngenta Bangladesh Limited to offer mortgage-free overdraft loans to Syngenta’s distributors. The agreement enables distributors to access up to BDT 1 crore in financing.

Scientists have developed heat-tolerant rice varieties to mitigate the severe impact of rising temperatures on rice production in Bangladesh. This innovation targets the disruption of the grain-filling process caused by high night temperatures, which results in significant yield losses.

Alliance Finance PLC (AFPLC) and Agroshift Technologies Limited have formed a strategic partnership to revolutionize financial services within Bangladesh's agricultural and food value chains.

BRAC Bank has signed an agreement with WeGro Technologies Ltd to provide financing solutions for smallholder farmers throughout Bangladesh. This partnership aims to offer affordable loans to farmers, enabling them to enhance their agricultural initiatives and contribute significantly to the country's agricultural development.

State-owned enterprises in Bangladesh have become significant loan defaulters. According to the Bangladesh Economic Survey 2024, eight state-owned banks now default on loans totaling Tk 184 crore. The defaulters include the Bangladesh Jute Mills Corporation (BJMC), Bangladesh Textile Mills Corporation (BTMC), Bangladesh Agricultural Development Corporation (BADC), Bangladesh Tea Board (BTB), Bangladesh Rasayan Shilpa Sangstha (BCIC), Bangladesh Food and Sugar Industries Corporation (BSFIC), Bangladesh Road Transport

The International Rice Research Institute (IRRI) and HSBC Bank have launched a three-year project titled "Climate-Smart Rice Value Chain in the haor region" to transform rice production in Bangladesh's haor region.