Rancon and Montrims Ink Deal for Rooftop Solar Plant

Southeast Bank PLC recently signed a Master Trade Loan agreement with Commercial Bank of Dubai PSC at its Head Office. The collaboration involves the Commercial Bank of Dubai providing trade loans to Southeast Bank for its Offshore Banking Operation

Standard Chartered Bangladesh has joined forces with Thengamara Mohila Sabuj Sangha (TMSS) to enhance the well-being, resilience, and productivity of rural farming communities in Bangladesh. With an investment of approximately BDT 26 million, the bank is launching two agricultural initiatives benefiting 25,500 farmers.

Despite the government's assertion of achieving 100% electricity access, a survey conducted by Micro Industries Development Assistance and Services (Midas) reveals that 7.64% of consumers still resort to bribery to secure power connections.

Meghna Bank PLC recently entered an MoU with Ship International Hospital at its Dhaka Head Office. The multi-specialized private hospital, operating under Japanese management, will offer exclusive year-round discounts on registrations to all Meghna Bank cardholders and employees.

In December 2023,  the price of 12kg liquefied petroleum gas (LPG) cylinders increased to Tk 23, now set at Tk1,404. LPG (autogas) for vehicles rises to Tk64.43 per kg from Tk63.36. Government-supplied LPG remains unchanged. The hike, unrelated to global LPG prices, is attributed to the Taka's depreciation against the dollar.

Bangladesh anticipates initiating nuclear power generation at the 2,400-megawatt Rooppur nuclear power plant by late 2024 or early 2025, as Russia completes fuel delivery via air cargo due to shipping sanctions.