Rejaul Karim Byron

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.

A project to set up a pipeline to carry oil from tankers in the Bay of Bengal to storage plants on the mainland will finally see the light of day after a six-year delay, but the cost will jump four times the initial amount.

The government is set to sell rice at Tk 10 per kilogram to 50 lakh poor households across the country from next month, a food ministry official said yesterday.

Influential defaulters took advantage of the loan rescheduling policy repeatedly, Bangladesh Institute of Bank

Bangladesh Telecommunication Company Ltd is set to upgrade its countrywide network with a view to competing with the mobile

Banks' loan defaults continue to soar in 2016, rising 6.65 percent in the second quarter to Tk 63,365 crore.

The government will form a pension authority within next two years to oversee the pension scheme for the private sector.

Bangladesh will continue to allow China to select contractors only for priority projects financed with low-cost loans from Beijing, as

The government is set to bring in major changes to the incentive structure for exports to achieve the higher growth target set for this

Bangladesh Petroleum Corporation's cost on premium will escalate by at least 52 percent to 71 percent for importing petroleum products under government-to-government deals instead of open bidding.

Foreign investment dropped 32 percent year-on-year in the first quarter of the year due to uncertain business climate.

Banks have slashed their interest rates on home loans thanks to the overall fall in the cost of funds and a slump in real estate sales.

The government has taken on a cautionary approach for hard-term external borrowing to mitigate future risks even though there is no longer such condition from the International Monetary Fund.

Beximco Power Co Ltd along with a Chinese company is set to build a 200-megawatt solar power plant in Gaibandha, in line with the government's plan to generate 10 percent of power from renewable sources by 2020.

Foreign aid disbursement increased 13.34 percent year-on-year to $3.5 billion in fiscal 2015-16, setting a new record.