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Boeing secures $2.8 billion US satellite contract

Boeing secures $2.8 billion US satellite contract

Boeing Co said on Thursday it had secured a $2.8 billion US contract to develop and produce two satellites with options for two more. The Evolved Strategic Satellite Communications (ESS) programme will deliver space-based nuclear, command, control, and communications for the US president and joint

Ctg Port handles record 3.29m containers in FY25

Ctg Port handles record 3.29m containers in FY25

Chattogram Port, the country's premier seaport, handled a total of 3.29 million TEUs (twenty-foot equivalent units) of containers in the fiscal year 2024-25, marking an increase of 0.13 million TEUs compared to the previous year. In FY2023-24, the port handled 3.17 million TEUs, while in FY2022-23

India's Adani Enterprises plans public bond sale

India's Adani Enterprises plans public bond sale

Indian billionaire Gautam Adani's flagship company aims to raise 10 billion rupees ($117 million) through the sale of retail bonds, and has filed a draft prospectus for the issue, according to statements on stock exchanges. This will be the second time within a year that Adani Enterprises will tap

Developing securitisation market under study

Developing securitisation market under study

A study gets going to find ways of developing a robust securitisation market in Bangladesh to enable lenders and financing companies to raise capital and enhance liquidity, officials said. The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, is conducting th

'Exchange rate volatility unlikely under free-floating regime'

'Exchange rate volatility unlikely under free-floating regime'

The chance of any form of volatility in the exchange rate under the persisting free-floating regime is very thin because of the lower demand for foreign exchange, Country Manager of Mastercard Syed Mohammad Kamal said. In an exclusive interview with The Financial Express (FE) recently, he expresse

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