Rejaul Karim Byron

In a word to the wise, ADB President Takehiko Nakao yesterday advised countries to scrupulously evaluate the merits of a project before approaching China for funding under its flagship Belt and Road Initiative.

The Asian Development Bank (ADB) launches the Action Plan for Healthy Oceans and Sustainable Blue Economies for the Asia and Pacific region.

The Asian Development Bank is considering to provide a grant of US$ 100 million to Bangladesh specially for the Rohingya refugees, ADB President Takehiko Nakao says.

Bangladesh’s capacity to implement large volumes of infrastructure projects will be the main stumbling block to realising the country’s growth ambitions, says a top official of the Asian Development Bank.

Bangladesh is among the three fastest growing economies in the world, according to the International Monetary Fund (IMF) -- in yet

The government's decision to have multiple rates under the new VAT law poses significant risks of revenue leakages, said the

Due to delays in procurement, firemen are yet to get the modern equipment they need for faster response to fires, fight blazes with efficiency, and reduce risks.

Fiscal 2019-20's budget is set to cross the landmark of Tk 5 lakh crore as the Awami League-led government, fresh from being

Bangladesh economy is going to cross a record 8 percent growth mark in the current fiscal year, powered by high performance in manufacturing and service sectors, the finance minister has claimed.

The finance division is facing a difficult situation in fixing the size of the revised budget as many ministries and divisions are

After an inferno had claimed 124 lives in Old Dhaka's Nimtoli in 2010, the government took up four projects to relocate four types of industries -- chemical, plastic, printing and light electronics -- from this part of the capital.

Projects under the three Indian Lines of Credit worth around $7.5 billion are facing delays mainly due to technical and bureaucratic reasons, and both sides are responsible for this, officials said.

Saudi Arabia plans to invest several billion dollars in more than 30 projects in Bangladesh, including setting up an aircraft repair and maintenance facility in Lalmonirhat.

In a departure from previous years, the development budget for the current fiscal year is likely to be revised upwards -- by about 11 percent -- to meet the government's ambitious plans.

The finance ministry has taken several moves to bring down the mounting default loans and strengthen the banking sector's corporate governance.

More than 35,000 employees of 260 municipalities have not received salaries for up to seven years due to fund crunch of the local government bodies.

The government is likely to revise down the foreign aid allocation by 15 percent in fiscal 2018-19 -- at a time when there is a record high level of the low-cost fund sitting idle in the pipeline.

Less than half the target of creating 39 lakh jobs was achieved in the first two years of the government's Seventh Five Year Plan (SFYP), though the country registered robust economic growth during the period.

Construction of the country's first underground railway may start in July with funds from Japan. Named MRT Line-1, this track will link the capital's airport and Kamalapur. It will also have an elevated part to connect Purbachal with Notun Bazar. The project deadline is 2026.

Data scarcity has emerged as one of the major challenges in implementation of the Sustainable Development Goals, as it has left