Finance ministry in a fix over budget size
The finance division is now at its wit's end over fixing the size of the budget for the next fiscal year while keeping the deficit close to 5 percent of GDP.
23 May 2015, 18:00 PM
Bangladesh plans to offer transgender community various service-oriented jobs
The Hijra or transgender community may gradually be integrated into the society, as the government plans to offer them various service-oriented jobs, including in the police.
20 May 2015, 18:00 PM
Taka-linked bonds to attract foreign investors: IFC
The International Finance Corporation has now formally proposed to Bangladesh to launch $1 billion taka-linked bonds, saying they would attract new foreign investors.
19 May 2015, 18:00 PM
Bad loans jump 9pc
Default loans rose 8.97 percent in the first quarter of the year to Tk 54,657 crore owing to political unrest during the period, bank officials said.
14 May 2015, 18:00 PM
Delayed implementation increases cost of Padma bridge by 40pc
The Bridges Division has revised the cost of the much-hyped Padma Bridge project by 40 percent, raising the estimated cost to Tk 28,793 crore.
13 May 2015, 18:00 PM
Bangladesh needs Tk 14,500 crore more in next fiscal year for partial implementation of new national pay scale
The government will need around Tk 14,500 crore more in the next fiscal year for implementing the first phase of the new pay scale
10 May 2015, 18:00 PM
ADP size may rise 24pc in next budget
The allocation for annual development programme (ADP) in the next fiscal year's budget will be Tk 92,500 crore, which is 24 percent higher than that of the current revised budget.
7 May 2015, 18:00 PM
Bangladesh plans to build airport at Rampal to attract investors
The government is going to build an airport at Rampal in Bagerhat to establish faster communications link between Khulna region and
4 May 2015, 18:00 PM
Banks make good cash recovery against bad loans
Local banks last year made Tk 10,363 crore of cash recovery from the classified loans, which provided them a spot of respite from their runaway default loans.
3 May 2015, 18:00 PM
$24b in foreign aid lying idle
A record $24 billion of foreign aid has piled up due to the ministries' failure to utilise resources timely.
27 April 2015, 18:00 PM
Interest on taka bonds to be less than 5pc: Muhith
The first-of-its-kind $1 billion taka-linked bonds to be issued by the government and the International Finance Corporation will
27 April 2015, 18:00 PM
Bankers in Bangladesh term the deadly bank heist unusual
Banking professionals described Tuesday's grisly bank heist in Ashulia as a very unusual incident that appears to be more of a militant attack than a robbery.
22 April 2015, 18:00 PM
Panel to cut proposed salary for higher rungs
The secretary-level review committee on the Pay Commission is set to cut the recommended salary for the higher rungs of the pay structure and increase that for the lower grades to add a populist hue.
20 April 2015, 18:00 PM
Neonatal death rate remains static despite other successes
While the country is witnessing significant improvement every year in most health indicators, the death rate of newborns remains
20 April 2015, 18:00 PM
IFC, govt to launch $1b offshore taka-linked bond
The International Finance Corporation and the Bangladesh government are set to launch a $1 billion offshore taka-linked bond, a move that
19 April 2015, 18:00 PM
Budget support merits stern reforms: WB
The World Bank wants the country to run various reform programmes in energy and transport sectors, including the introduction of
18 April 2015, 18:00 PM
China offers Bangladesh soft loans of $15-20b
China has offered Bangladesh soft loans of $15-20 billion to help it expand railway networks across the country.
Officials of the Chinese embassy in Dhaka placed the loan proposal at a high-level meeting with Bangladesh officials at the Prime Minister's Office in January, railways ministry sources told The Daily Star.
16 April 2015, 18:00 PM
BPC to see Tk 2,000cr profit as oil prices fall
Bangladesh Petroleum Corporation is making a whopping profit of Tk 13 to Tk 36 per litre on petroleum products on the back of the
13 April 2015, 18:00 PM
Exchange rate remains stable
The exchange rate has remained stable despite an increase in imports due to adequate liquidity and timely intervention in the foreign
11 April 2015, 18:00 PM
Performance targets for state banks
The finance ministry has for the first time set 13 annual performance targets for the 14 state-owned financial institutions, including
9 April 2015, 18:00 PM