Sri Lanka has repaid another US$100 million of the $200 million loan it took from Bangladesh in a currency swap agreement two years ago.
"Sri Lanka has paid back $100 million to us on Thursday (31 August). Now they are expected to return the remaining $50 million in due course," said Bangladesh Bank (BB) Spokesperson and Executive Director Majbaul Haque.
With the latest installment, the Island nation paid back a total of $150 million. Sri Lanka repaid $50 million as the first installment on August 17.
Finance Minister AHM Mustafa Kamal today expressed his hope that the investments from the USA would increase more in the coming days as the US investors are keen to invest further in Bangladesh various sectors like in agriculture, automobiles, in energy and services sectors.
"We have discussed about the possible US investments in Bangladesh...I hope that the investments from the USA will increase further in the coming days," he said.
The finance minister was briefing reporters after a delegation of the US-Bangladesh Business Council met him at the Finance Ministry conference room at Bangladesh Secretariat today.
Beijing encourages more Bangladeshi people to
study, do business, go sightseeing and invest in China with applicant-
friendly visa policies, various options of flights and attractive ticket
prices.
"As assured government time and again, China is committed to open its door
wider to the world," said a press release by Chinese embassy here.
It said according to China new regulations, COVID-19 PCR bounding for China
are no longer required to take travelers or ATR test before boarding, valid
from August 30.
The Bangladesh Garment Manufacturers and
Exporters Association (BGMEA) in collaboration with renowned Bangladeshi
designer Kuhu Plamondon is implementing a project titled "GEMA" to unleash
the potential of local cultural heritage through developing high-end
fashionable garments using homegrown heritage fabrics.
The project aims to create high-value, fashionable garments that will appeal
to the global market and present iconic image of Bangladeshi culture and
tradition.
Under the project, six designers will develop fashionable garments using
knit, denim and Muslin with heritage motifs and artworks, said a press
release.