KOICA promised to provide multi-component cooperation to nurture the young potentials

The Korea International Cooperation Agency (KOICA) has organised a meeting virtually for the project entitled "Capacity Building of Universities in Bangladesh to...

WB sanctioned $250 mn fund to assist Bangladesh for pandemic recovery

The World Bank’s (WB) board of executive directors on 26th March (Friday) sanctioned a $250 million fund from its International Development Association...

ADB to assist Bangladesh to speed up project implementation

On 24th March (Wednesday), Bangladesh and Asian Development Bank (ADB) gave consent to short-term and medium-term roadmaps for FY 2021-22 to accelerate...

$200 million project green lit by the World Bank to support migrants & urban...

A $200 million (Tk 1,695 crore) project has been approved by the World Bank to help Bangladesh provide support and services to...

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)...

$700m in concessional loans to be funded by South Korea

A concessional loan of US$700 million has recently been fixed to be offered by South Korea as support to Bangladesh as part...

Bangladesh’s food security to be ratified by WB grant worth $120 mn

The World Bank ratified $120 million to help Bangladesh improve food security by enhancing climate resilience and productivity of irrigated agriculture and...

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.  

The UN report revealed each Bangladeshi wastes 65 kg food per year

As of 4th March (Thursday), a study, entitled "Food Waste Index Report 2021" by the UN revealed that a Bangladeshi wastes 65kg...

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...

Bangladesh likely to get elaborated support under IDA-19 package

Bangladesh eyes on extended assistance from the World Bank as it has planned to put on more funds in the $82-billion IDA-19...

WB report: lower-income countries cut down education budget in post-Covid situation

In a recent World Bank report, the current levels of required government spending to achieve the Sustainable Development Goals (SDGs) in low...

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...

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...

Bangladesh to achieve final UN recommendation for graduating from LDC status

The UN Committee for Development Policy (CDP) is set to recommend taking Bangladesh out of the list of the least-developed countries (LDCs)....

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...