Rejaul Karim Byron

Public sector companies will now have to take approval from the cabinet committee on purchase when procuring

Development spending improved slightly in the first quarter of the fiscal year but it is still lagging far behind the historical trend.

Foreign investment increased 9.27 percent year-on-year in fiscal 2015-16 due to an improvement in reinvestment in existing

Bangladesh is set to take loans under a new scheme of the World Bank that carries high interest rate, to meet the huge public and

The government is acting fast to implement the projects China agreed to fund during President Xi Jinping's Dhaka visit last week. Only four days into the signing of a Memorandum of Understanding between the two sides, the Cabinet Committee on

China may commit more than $23 billion for the next five years under an agreement to boost investment in Bangladesh and strengthen production capacity cooperation.

The longstanding issue of building a deep-sea port at Sonadia in Chittagong may not be discussed during Chinese President Xi Jinping's two-day state visit starting Friday.

Dhaka and Beijing may agree to carry out a feasibility study for a free trade zone in Bangladesh to facilitate Chinese

Remittance tumbled 22.68 percent year-on-year in September due to a decline in the income and savings of Bangladeshi expatriates

The Asian Development Bank yesterday announced a $1.5 billion fund to build a key train line from Dohazari in Chittagong to Cox's Bazar, in its largest investment in railways in the continent.

Banks' overall capital rose 1.6 percent in the April-June quarter but the capital base of state banks shrank further though they were

The Asian Development Bank is set to approve $1 billion at the end of this week for a project to lay a 102km rail track from Dohazari in Chittagong to Cox's Bazar -- the lender's highest allocation for a single project in Bangladesh.

China may commit to a five-year comprehensive cooperation plan, including assistance in several billion-dollar projects, during the Chinese president's Bangladesh visit in the middle of next month.

Banks' deposits grew by a handsome amount last fiscal year despite small returns further pared down by inflation.

The cabinet committee on economic affairs yesterday approved the Roads and Highways Department's proposals allowing China Harbour Engineering Company to build two mega-roads for about Tk 38,000 crore.

A Chinese state-owned firm got the nod to build five full-fledged TV stations in five divisional cities of Bangladesh to promote local

A British company has proposed to invest $7.5 billion in the Dhaka-Payra seaport rail link project, whose implementation is vital for the government's ambitious economic development plan. An official of the railways ministry said the UK firm -- DP Rail -- has submitted the proposal, and the decision about it would be made by the end of this month at a top-level meeting at the Prime Minister's Office.

Local private banks saw their credit growth accelerate in comparison to state and foreign banks due to the race for making more profit

The government has taken a fresh initiative to make the Pangaon inland container terminal more useful, slashing exporters' costs of carrying raw materials by half.

The cost of importing oil under government-to-government arrangement will be lower than under open tendering.