Forex reserves keep falling amid dollar selling spree
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.
Source: thedailystar.net
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Take advantage of export incentives to penetrate global markets, NEPC tells exporters
The Nigerian Export Promotion Council (NEPC) has advised exporters in Ondo State to take advantage of the two export incentives administered by NEPC to
Source: tribuneonlineng.com
BB toughens rules for loans under new scheme
Clients are not allowed to enjoy new funds from the scheme if they have overdue export bills
Source: thedailystar.net
Power rate hike again in June to meet IMF conditions
There were some disagreements on the mode of reserve calculation, officials said, which they hoped would be resolved in the next course of discussions.
Source: tbsnews.net
Afrexim bank to fund two industrial parks | The Nation Online
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
Source: mwnation.com