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Commerce

ADB expands TFP to support private sector in Bangladesh

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Staff Reporter
The Asian Development Bank (ADB) has expanded the Trade Finance Program (TFP) to support private sector in Bangladesh by raising its financing limit to $755 million from $518 million at the end of last year.
The TFP works with 12 partner banks in Bangladesh to mobilize private sector capital and fill market gaps by providing guarantees and loans to support trade, according to a press release.
“Given the impact of COVID-19 on the economy, particularly availability of credit...
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Vegetable farming on floating beds gets popularity in Sylhet

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A Correspondent
Sylhet: Vegetable farming on floating beds made of water hyacinth and bamboo in waterbodies or ponds, has drawn huge response from farmers in different areas of Sylhet district.
This method of vegetable cultivation is gaining popularity among farmers as it requires less fertilizer...
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Pompeo hails BD's PPE export to US

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Staff Reporter
US Secretary of State Mike Pompeo has appreciated Bangladesh for exporting PPE to the US market terming it a "significant milestone."
He said international partnerships like these are crucial as companies focus their production on supplying the PPE needed by frontline workers...
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