Current account slips into deficit after four years
The current account balance has slipped to the negative territory for the first time in four years due to remittance contraction and high import growth.
5 December 2016
Muhith to brief Japan on security measures for foreign nationals
Finance Minister AMA Muhith will fly to Tokyo today to highlight the security measures the government has taken for the foreign nationals working in Japan-financed projects in Bangladesh.
4 December 2016
Remittance at New Low: Inflow slides on oil price
Remittance inflow fell by $1.3 billion in the last 11 months this year compared to the same period last year due to low oil
4 December 2016
China-funded digital connectivity project gets green light
The government will bring two lakh small institutions under digital connectivity to boost trade and economic activity in remote areas.
3 December 2016
China finally agrees to 'limited bidding' for projects
The government is set to introduce 'limited bidding' for projects that would be implemented with Chinese soft loans after Beijing officially gave the nod to Dhaka's proposal.
30 November 2016
Private banks' bad loans swell on reckless lenders
Private commercial banks' default loans swelled by about 24 percent in the third quarter of the year from the
26 November 2016
Bangladesh team to meet Philippines president on stolen BB funds
A high-level team led by Law Minister Anisul Huq will go to the Philippines on Saturday with the objective to repatriate about $66
24 November 2016
Oil pipeline project to take off after 6-year delay
The cabinet committee on purchase yesterday approved the draft commercial contract with a Chinese firm to set up the Single Point Mooring with Double Pipeline in Chittagong at a cost of $550 million.
16 November 2016
Govt plans to cut fuel prices
The government is once again considering cutting fuel prices in line with the international market so that the economy can
14 November 2016
China agrees to limited bidding for projects
China has at last agreed to allow limited bidding for the selection of contractors for projects under its soft loan after
1 November 2016
Public sector companies' financial authority clipped
Public sector companies will now have to take approval from the cabinet committee on purchase when procuring
27 October 2016
Development spending shows signs of improvement
Development spending improved slightly in the first quarter of the fiscal year but it is still lagging far behind the historical trend.
24 October 2016
FDI rises 9.27pc
Foreign investment increased 9.27 percent year-on-year in fiscal 2015-16 due to an improvement in reinvestment in existing
23 October 2016
New WB loans for infrastructure in the offing
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
22 October 2016
$2.76b Chinese Fund: Quick move to execute 3 projects
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
19 October 2016
High hope for Chinese investment
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.
13 October 2016
Chinese President's Visit: Sonadia deep-sea port may not be on table
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.
10 October 2016
Focus on free trade zone
Dhaka and Beijing may agree to carry out a feasibility study for a free trade zone in Bangladesh to facilitate Chinese
6 October 2016
Remittance tumbles 23pc
Remittance tumbled 22.68 percent year-on-year in September due to a decline in the income and savings of Bangladeshi expatriates
3 October 2016
ADB approves record fund for Bangladesh railroad
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.
28 September 2016