PM launched Bangladesh Infrastructure Development Fund to finance infrastructure projects

In order to finance different development projects from the country’s own fund, Prime Minister Sheikh Hasina inaugurated Bangladesh Infrastructure Development Fund (BIDF)...

Govt. set about a project worth Tk438 crore to utilize fallow lands

The government has set about a Tk438 crore project to cultivate fallow land across the country, in order to cope with the...

Padma Bridge Project deadline extended till 2023

The deadline for the much-talked about Padma Multipurpose Bridge Project (PMBP) has been extended until June 2023 by the Planning Commission, including...

ADP spending threshold up to 85pc without permission

The government has decided to spend more on the Annual Development Programme (ADP). Earlier, it had taken cost cutting measures.  

National app store initiated by the government

On March 5th, the government launched a mobile application store in an attempt to encourage local developers. Local telecommunication giant Robi has...

National Economic Council ratified Tk 1.98tn RADP for FY’21

On 2nd March (Tuesday), the National Economic Council (NEC) ratified Tk 1.98 trillion (197,643 crore) revised Annual Development Programme (RADP) for the...

Govt to lease out the state-owned Jute mills to private sector

The government has decided to lease out all the 25 state-owned jute mills to the private sector. Earlier government has planned for...

Govt to provide cash instead of food grains in FFW and TR programmes

The government has started providing cash instead of rice and wheat to implement its Test Relief and Food for Work programmes because...

Only TK7 lakh cut from ADP budget despite cost minimizing moves

Annual Development Programme (ADP) is an organised list of projects in various sectors and allotments with a year implementing period out of...

BB aid packages used up by the large industries

According to a report by the Bangladesh Bank on the 28th of February, all but one stimulus package under the central bank’s...

The first phase of Diabari-Agargaon route of metro rail is apparent

After the installation of the last segment of the viaduct in Agargaon completed, the first phase of Bangladesh’s first metro rail project...

Planning Commission suggested to trim down development budget

Annual Development Programme (ADP) is an organised list of projects in various sectors and allotments with a year implementing period out of...

Govt. food storage declines, lowest in three years

The government food grain reserves declined to 6.56 lakh tonnes, the lowest in the last three years. Lower food grain reserves also...

Govt. approved imports of LNG from Singapore

The government has given consent to the Singapore-based Vitol Asia Pte Ltd to supply the liquefied natural gas (LNG) from the spot...

ECNEC ratified a Tk169.19 bn project to develop Dhaka-Sylhet road

The Executive Committee of the National Economic Council (ECNEC) on 16th February (Tuesday) ratified a Tk 169.19 billion South Asia Subregional Economic...

Recent Article

Bank Asia re-elects A Rouf Chowdhury as its chairman

Bank Asia has re-elected A Rouf Chowdhury as chairman of Bank Asia at the 453rd meeting of its Board of Directors.

Gazi Golam Ashria became the new chairman of Jamuna Bank

Gazi Golam Ashria has been elected as the chairman of the board of directors of Jamuna Bank Limited for a timeframe of...

Stocks continue to struggle as profit booking goes on

Stocks closed lower on May 3 (Monday) as the profit-booking tendency continues to prevail among the investors after the 3-day streak of...

After 7 years of its launch, the number of agent banking accounts reach the...

The amount of accounts in agent banking in the nation reached the 1 crore mark in January 2021, after 7 years of...

Govt plans utilizing a large amount of aid for development projects

The government plans to utilize foreign aid worth Tk 88,024 crore for development projects in the next fiscal year. The amount is...

Uttara Group managing director to be felicitated by Japan

Chairman and managing director of Uttara Group, Matiur Rahman, is set to receive an award from Japan for his contribution in promoting...

Sea levels rising induced coastal migration could affect 1.3 million Bangladeshis by 2050: study

A recent study published by the American Geophysical Union – an international scientific group apprehended that there could be a triggered wave...

Credit growth of the private sector declines again in March

The credit growth of the private sector has returned to the downward trend in March after a slight recovery in April as...