Ecnec to okay 3.4km two-lane project in Bangladesh today
Construction cost of a two-lane tunnel under the Karnaphuli river has been estimated at Tk 8,447 crore, 57 percent of which will come from the Chinese Exim Bank.
23 November 2015
BoP surplus widens
The overall surplus in the balance of payments increased by 67.45 percent year-on-year to $1.97 billion in the first quarter of the current fiscal year because of low credit demand and a slight boost in the flow of foreign investment.
22 November 2015
Foreign aid spending not up to speed
In spite of an ambitious target, foreign aid disbursement increased only 4.75 percent in the first four months of
21 November 2015
Bangladesh to back Bhutan for WB fund for river transit
Bangladesh will urge India to include Bhutan in the tri-nation team eligible for a World Bank fund to increase the
14 November 2015
Govt runs budget surplus in first quarter
Although the government went for a budget deficit for fiscal 2015-16, it was running a surplus of Tk 1,157 crore in the first quarter due to low expenditure.
11 November 2015
Inflation continues its slide in October
Inflation continued to decline in October, dropping 5 basis points to 6.19 percent from the previous month, much to the relief of the
10 November 2015
Freight rates to remain same for both countries
The freight charge for the Bangladeshi and Indian ships plying each other's territories under the coastal shipping agreement will be the same for both the countries.
9 November 2015
Govt designing a pension scheme for private sector
The government will introduce a mandatory pension scheme for the private sector under the new National Social Security Strategy
8 November 2015
Bangladesh seeks easier terms for Chinese loans
Bangladesh has urged China to soften the terms and conditions for loans as it is eyeing substantial credit over the
7 November 2015
Donors to hear needs for funds
The government will seek funds from development partners, including the newly-formed China-led infrastructure bank, for projects in infrastructure and regional connectivity.
4 November 2015
Trial run of motor vehicle deal goes well
As a trial run for the landmark four-nation motor vehicle agreement, a goods-laden truck from Kolkata reached Agartala in north-east
3 November 2015
Govt staff to own flats in five years
The government staff in Dhaka and other cities may own flats of 800 to 1,500 square feet (sft) in five years as per a housing scheme in the works.
2 November 2015
Bangladesh’s university teachers may get grade as senior secretary’s
The government may include a new criterion in the upcoming pay scale such that university teachers will see their grade rise up to the level of senior secretary in public administration.
Besides, a new system will be introduced that will automatically upgrade public servants' grades after a certain period.
1 November 2015
India may ease terms for $2b credit
India has hinted that it would relax the terms and conditions tagged with its fresh $2-billion credit for Bangladesh, which will mostly be used to further enhance connectivity between the two countries.
25 October 2015
Bangladesh approves 24 more economic zones
The government has approved 24 more economic zones, including two separate special zones for Japan and India.
21 October 2015
Transport sector gets priority in five-year plan
The government plans to almost double the funds for the transport sector each fiscal year until 2020 to achieve 8 percent economic growth.
19 October 2015
Trade deficit narrows 40pc as imports drop
Trade deficit decreased 40 percent in the first two months of fiscal 2015-16 from a year earlier thanks to lower imports and higher
15 October 2015
Bangladesh likely to double salaries
Following the recent pay hike for government employees, salaries of the president, prime minister, ministers and lawmakers are also
14 October 2015
Agencies empowered to seize local property
The government has toughened the Anti-Money Laundering Law, allowing investigating agencies to confiscate locally available money or properties of a person guilty of stashing money abroad.
14 October 2015
Development spending lowest in four years
Development spending in the first quarter was the lowest in four years, even though the government has taken on a bigger budget for
13 October 2015