Rejaul Karim Byron

Bangladesh Bank is set to raise the loan-deposit ratio by another 1 percentage point as it looks to reduce the interest rate for manufacturing sector and increase lendable fund of banks.

Budget deficit, which is when spending exceeds revenue, is set to cross the sensible perimeter of 5 percent of GDP in fiscal 2018-19 for the first time in 12 years on the back of ebbing collections of the tax administrator.

First impressions are the most lasting, it is often said. And in case of cities and countries, it is often airports that provides that.

Sometimes things have to go wrong in order to go right, American author Sherrilyn Kenyon once said.

The government has planned to construct a four-storey building on Bhashan Char for the UN and aid agency representatives to ensure effective monitoring of humanitarian activities for one lakh Rohingya refugees to be relocated to the island from Cox’s Bazar.

The government yesterday signed a loan agreement with the Asian Development Bank to get the long-cherished MRT Line-5 (southern route) project going.

Learn from the greats, and expose yourself to better work, it is often advised. So, when implementing big, state-of-the-art projects, it is prudent to go abroad and get first-hand experience of how things are done.

India is set to start in January the trial run for transporting goods between its northeastern states and other parts using Bangladesh’s Chattogram and Mongla ports.

India wants three more transshipment points in Bangladesh for transporting goods to its north-eastern states, according to the agenda of a bilateral meeting that begins in Dhaka today.

The government is likely to go slow in increasing the size of the national budget for next fiscal year owing to the sluggish pace of revenue collection.

China will sign agreements by next June to provide $2.13 billion in loans for two more projects, including one on the construction of the Dhaka-Ashulia elevated expressway.

Bangladesh Bank may cap the interest rates on industrial and working capital loans on January 1 as the government moved to bring down the lending rates to single digits to give a much-needed boost to job creation and private investment.

Amid the soaring cost of agricultural labour, the government is going to launch a project worth Tk 415 crore to give subsidy to the farmers for buying agricultural machinery so that they can harvest crops at a reduced cost.

Dhaka and Delhi signed seven MoUs during the prime minister’s visit to India early last month. Some of those raised questions in the public mind. Rejaul Karim Byron and Porimol Palma have recently sat with Dr Mashiur Rahman, prime minister’s adviser on economic affairs, to learn the details.

India has been working strategically to connect its north-eastern region with the rest of the country through Bangladesh since Dhaka agreed to give New Delhi the privilege nine years back.

The Bangladesh-China joint working group will sit for its first meeting next week, incorporating a new agenda centring Beijing’s interest in investment and trade, to devise ways for expediting implementation of China-funded projects.

Japan has come up with more than two dozen proposals, including tax benefits and a cut in motorcycle registration fee, as it looks to boost its investment in Bangladesh.

Japan has sought competitive incentives and long-term policies to ensure the viability of businesses of its investors who are eyeing expansion in Bangladesh.

A $19 million taka-denominated bond is set to make its debut on the London Stock Exchange today, in a landmark moment for the country.

The estimated cost of constructing a third terminal at Hazrat Shahjalal International Airport has been increased by 40 percent. It is now a Tk-20,598 crore project.