Page 9 - Export Development Fund News Today

The central bank has kept injecting a hefty volume of US dollars into the market to help banks clear import bills, eroding the Bangladesh’s foreign exchange reserves. 

The Nigerian Export Promotion Council (NEPC) has advised exporters in Ondo State to take advantage of the two export incentives administered by NEPC to

Clients are not allowed to enjoy new funds from the scheme if they have overdue export bills

There were some disagreements on the mode of reserve calculation, officials said, which they hoped would be resolved in the next course of discussions.

The Export Development Fund (EDF) says it is banking on the $900 million (about K932 billion) investment from Egypt-based African Export-Import Bank (Afreximbank) to develop two of the country’s four industrial parks to stimulate development. The parks, specifically designed to accommodate plots for factory shells suitable for small, medium and even larger factories as special

KARACHI: The State Bank of Pakistan (SBP) has directed banks to transfer the consolidated amount of Export...

Move comes after a staggering 21% drop in export earnings in March 2023

Fiscal Police in Blantyre on Tuesday night arrested three former employees of Nchalo Greenbelt Limited for allegedly misappropriating K2.6 billion. National Police deputy spokesperson Harry Namwaza identified the three as Imran Malidadi, 48, from Masinde Village, Traditional Authority (T/A) Malemia in Zomba District, who was working as human resources and administration manager, Richard Nkhwazi, 46,

The central bank has kept the interest rate unchanged for the extended period of loans made from the Export Development Fund (EDF).

New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs