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
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
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
$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
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
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
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
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
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
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
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
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
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
Govt to lower economic growth target for unrest
The government is set to revise down current fiscal year's GDP growth projection by 0.5 percentage point to 6.8 percent in light of the
7 April 2015
Export growth brings sunshine
Exports rose 7.43 percent year-on-year to $2.93 billion in March, a development which has brought a ray of sunshine amid the
6 April 2015
Social safety roadmap
The government is set to unveil a new scheme that will bring 3.57 crore of the poorest and most vulnerable citizens under social safety plans.
4 April 2015
Bangladesh govt plans mandatory pension scheme for private sector
The government plans to make a law to introduce a mandatory pension scheme in the private sector.
2 April 2015
Govt to take $44m loan from IDB for second submarine cable links
The government is set to take $44 million loans from the Islamic Development Bank under slightly harder terms to connect the nation
1 April 2015
Joint venture of French and Japanese firms to construct 2nd submarine cable station in Kuakata of Bangladesh
A joint venture of two companies from France and Japan will construct the second submarine cable station in Kuakata of Patuakhali,
31 March 2015
Budget to be cut after slow expenditure
The government is likely to slash the budget for the fiscal year in light of the slow spending in the first six months.
28 March 2015