PM for gradually moving away from subsidy: Planning Minister

Prime Minister Sheikh Hasina has advised to gradually move away from subsidy, Planning Minister MA Mannan said today after emerging from the weekly meeting of Executive Committee of the National Economic Council (Ecnec).
22 February 2022

Land ports in Mymensingh set to become fully operational

The Gubrakura and Karaitali land ports in Haluaghat upazila of Mymensingh that connect Bangladesh with India are yet to become fully operational despite being opened about 10 years ago.
21 February 2022

Massive leak piles pressure on Swiss banking practices

An extraordinary leak from one of the world’s iconic private banks, Credit Suisse, has exposed the hidden wealth of clients involved in torture, drug trafficking, money laundering, corruption and other serious crimes.
21 February 2022

Bangladesh, Australia discuss potential for more cooperation

Bangladesh recently discussed the possibility of cooperating with Australia to explore offshore gas and renewable energy sources as a part of the country’s effort to ensure energy security and address the challenges of climate change.
21 February 2022

Long-awaited project to complete finally

After repeated revision of deadlines and costs, the long-awaited Joydevpur-Elenga Highway project is finally nearing completion and even at a slightly lower expenditure.
21 February 2022

Tk 1,059cr project in the offing to build 5G network

The government is undertaking a Tk 1,059 crore project to develop an optical fibre transmission network with a view to building 5G infrastructure all over Bangladesh.
21 February 2022

Invest to develop climate-smart agriculture

Agriculture Minister Muhammad Abdur Razzaque yesterday urged rich nations to invest more to invent climate-smart agriculture and food systems and support developing countries.
21 February 2022

Nagad-linked investors desperate for multipurpose NBFI licence

A group of investors linked with mobile financial service operator Nagad Ltd have turned desperate to obtain a multipurpose licence that does not exist in Bangladesh.
21 February 2022

Korea wants to invest in Bangladesh’s major sectors

South Korea is keen to invest in Bangladesh’s garment and other major sectors as it looks to elevate the bilateral relations to a new height, said South Korean Ambassador Lee Jang-Keun yesterday.
20 February 2022

Now eggs become costlier

Consumers in Bangladesh who are already struggling to make ends meet following the recent rise in prices of various daily essentials are now being compelled to spend more on eggs and broiler chicken meat, the low-cost sources of protein.
20 February 2022

IsDB to provide $56m for sanitation project

The Islamic Development Bank (IsDB) is set to provide $56 million to Bangladesh for an inclusive sanitation and hygiene programme.
20 February 2022

First park for electrical, engineering products nearing completion

The construction of the country’s first industrial park for electrical and light engineering product manufacturers in Munshiganj is set to be complete in June.
20 February 2022

Maersk wants to run Patenga container terminal

Global ports and terminal operator APM Terminals, a subsidiary of Danish shipping company AP Moller Maersk, has expressed interest in developing and operating the under-construction Patenga Container Terminal of the Chattogram port.
20 February 2022

Critical for investment to flow to lowest-carbon energy

Investment needs to focus on the lowest-cost, lowest-carbon oil and gas resources, UAE Industry Minister Sultan al-Jaber said at the Munich Security Conference, the state news agency WAM reported on Saturday.
20 February 2022

NBR extends facility to foreigners working at expressway

The National Board of Revenue (NBR) has extended its income tax exemption facility to foreigners working at the elevated expressway being constructed under a public-private partnership.
20 February 2022

City Bank appoints new chief business officer

City Bank promoted Sheikh Mohammad Maroof from the bank’s additional managing director to the post of chief business officer recently.
20 February 2022

Dhaka bourse loses 116 points in two days

Shares on the Dhaka Stock Exchange (DSE) bled for the second session in a row yesterday due to a selling spree despite a reduction in the coronavirus infection rate.
20 February 2022

Bangladesh capital market: Looking back and forward

Fifty years of Bangladesh is marked with a few significant achievements. The country became a $400-plus billion economy in 2021. Per capita income rose to $2,554 in FY21, which is higher than our neighbouring countries, including India.
20 February 2022

Rangpur tomato growers recouping yesteryear’s losses

Last year most farmers of Rangpur had no option but with a heavy heart let tomatoes rot in the fields as prices they were selling for were far from recouping labour and transportation costs.
20 February 2022

Stocks fall for second day in a row

Shares on the Dhaka Stock Exchange (DSE) bled for the second consecutive day today due to a selling spree among investors.
20 February 2022