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Mercantile Bank, BB sign Tk2,000cr pre-financing agreement

Bangladesh Bank and Mercantile Bank PLC have signed a participatory agreement under Bangladesh Bank's Tk2,000 crore pre-financing fund aimed at developing the country's export-oriented frozen food industry, boosting foreign exchange earnings, expanding employment opportunities, broadening rural economic activities, and ensuring easier financing facilities for entrepreneurs. The agreement...…

Mercantile Bank, BB sign Tk2,000cr pre-financing agreement

We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.

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SK hynix Investment in New York May Face Uncertainty

The $45 billion investment plan for a semiconductor factory in New York, which was being promoted by Solidigm, SK hynix’s U.S. NAND flash sub-subsidiary, has been stalled.Reuters reported on Nov.

  • SK hynix faces investment roadblock in New York due to export license denial.
  • U.S. Department of Commerce withholds export licenses for advanced semiconductor equipment.
  • Company considers alternative sites for NAND factory as decision remains pending.

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