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Posts tagged as “interst”

Bangladesh seeks to drop 4 more Indian LoC-funded projects

by Jahangir Shah in Prothom Alo, Aug 20, 2023Bangladesh has apparently lost its interest in undertaking projects under the Indian Line of Credits (LOC). It has already withdrawn eight projects from the Indian cluster loan during the last three years, while the authorities proposed withdrawal of four more projects. The situation is largely attributed to a range of factors, including strict loan terms, high demands of contractors, and hassle of taking approval at every point,…

Moody’s rating downgrade to impact foreign investment

by Ahsan Habib in The Daily Star, Jun 9, 2023Corporate and foreign investors may further lose interest in the stock market of Bangladesh as the country has dropped a notch in the Moody’s Investors Service rating system. As the domestic stock market already lacks investment from corporate and foreign investors, this downgrade will further add to its woes, according to market analysts. Whenever a country slips in Moody’s rating system, then the stock market of…