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Mosharraf for boosting economic progress of Bangladesh Mosharraf for boosting economic progress of Bangladesh

The LGRD and Cooperatives Minister says the government is working relentlessly to materialize the Vision of 2021 and the Vision-2041


US company GE to invest 7.4 bn in Bangladesh US company GE to invest 7.4 bn in Bangladesh

Under GE-PDB deal, there will be 3,600 MW gas-based combined cycle power plant and associated LNG import terminal and infrastructures in Moheshkhali


France keen to be part of Bangladesh development France keen to be part of Bangladesh development

Chief executives & representatives of diff business entities, ministries & dev agencies of France have applauded the impressive growth of Bangladesh


PM Sheikh Hasina offers 500 acres land in SEZs for Singapore investors PM offers 500 acres land in SEZs for Singapore investors

Chairman of the Singapore Business Federation S. S. Toe led the six-member delegation


Weapons of trade war: What might China have up its sleeve? Weapons of trade war: What might China have up its sleeve?

Trump may suddenly find China less accommodating on this explosive dossier if the trade war expands


Kamal calls for common platform in South Asian tourism Kamal calls for common platform in South Asian tourism

As many as 430 organizations from 13 countries and different Indian states are participating in the fair


$45.4 mn to spur solar-driven pumping for irrigation in Bangladesh $45.4 mn to spur solar-driven pumping for irrigation in Bangladesh

In an area where grid electricity is not available, using solar energy for irrigation is a promising alternative to diesel-based pumping systems


Exports top $36.6bn in FY 18, but miss target Exports top $36.6bn in FY 18, but miss target

Despite missing the target, export earnings in FY 18 posted a 5.8 percent rise compared to the previous fiscal’s income of $34.65 billion


Speakers for greater connectivity among South Asian countries Speakers for greater connectivity among SA countries

Comprehensive connectivity will generate trust and confidence in the relation among countries of the region, says an official of foreign ministry


US$ 24bn received as foreign assistance in 9 yrs: Muhith US$ 24bn received as foreign assistance in 9 yrs: Muhith

Of the disbursed amount, US$ 18,559.83 million was received as loan, while the remaining US$ 5,597.81 million as donation


US$ 24.16 billion foreign aid received from 2008-09 to 2016-17 US$ 24.16 billion foreign aid received in last 8 years

Out of the sum, loan amount was 18,559.83 million US dollars and foreign grant amount was 5,597.81 million dollars


Bangladesh is on development trajectory: WB Bangladesh is on development trajectory: WB

“Bangladesh is the largest fund recipient among the IDA member countries. The uses of the fund in Bangladesh are very good," Aparna says


Mega projects propel foreign fund release Mega projects propel foreign fund release

This year’s committed funds include $11,765.3 million loans and $506 million grants


UK economy grows faster than expected: data UK economy grows faster than expected: data

It still marks a deterioration from the 0.4-percent growth in the final quarter of last year


Asian stocks mixed over befuddling US trade stance Asian stocks mixed over befuddling US trade stance

Asian markets have been mixed on Thursday, as White House statements on trade left investors divided on whether the administration was interested


Bahrain says Gulf neighbors will provide economic aid Bahrain says Gulf neighbors will provide economic aid

Bahrain long has relied on the largess of its wealthy neighbors to support it despite being the first Arab nation in the Persian Gulf to strike oil


Philippines keen to boost trade ties with Bangladesh Philippines keen to boost trade ties with Bangladesh

Philippines Ambassador to Bangladesh Vicente Vivencio T Bandillo says his country is keen to boost bilateral trade with Bangladesh


Government takes initiative involving Tk 2,868.17 crore for transportation of petroleum Govt takes initiative involving Tk 2,868.17 crore for transportation of petroleum

The Planning Commission has received a draft project proposal to this end from the Energy and Mineral Resources Division


Thailand wants deeper economic ties with Bangladesh Thailand wants deeper economic ties with Bangladesh

Deputy Foreign Minister of Thailand Virasakdi Futrakul has expressed keen interest to deepen economic and cultural bonds with Bangladesh


BAB decides to bring down interest rates in single digit Lending rate 9pc, deposit rate 6pc from July: BAB

BAB takes the decision as per instruction of Prime Minister Sheikh Hasina for accelerating the country’s development activities, the release adds


Czech Republic ready to invest in Bangladesh: Envoy Czech Republic ready to invest in Bangladesh: Envoy

Ambassador of the Czech Republic to Bangladesh Milan Hovorka on Wednesday expressed his country’s…


Asian markets tumble as Trump tariffs spark trade war fears Asian markets tumble as Trump tariffs spark trade war fears

Donald Trump’s decision to hit China with 25 percent levies was met with an immediate retaliation


Climate financing by MDBs rises to a 7-year high of $35.2bn Climate financing by MDBs rises to a 7-year high of $35.2bn

The sharp increase comes in response to the ever more pressing challenge of climate change


Asian markets lower after hawkish Fed, fresh trade war fears Asian markets lower after hawkish Fed, fresh trade war fears

All three main indexes on Wall Street ended down on the prospect of higher borrowing costs


Rural people changing fate with micro-credit Rural people changing fate with micro-credit

The govt’s microcredit facility under the Ekti Bari Ekti Khamar Project has significantly changed the fortunes of thousands of rural people


New five-taka,two-taka notes to be issued Monday New five-taka,two-taka notes to be issued Monday

The currencies have been printed with portrait of the Father of Nation Bangabandhu Sheikh Mujibur Rahman


Plan for 20 more power plants with 22,052MW generation capacity Plan for 20 more power plants with 22,052MW generation capacity

The government will supply electricity to off grid areas through solar power system so that all people get power by the target year


BGMEA seeks withdrawal of source tax for 3 years


BGMEA seeks withdrawal of source tax for 3 years

In a post-budget press briefing at the BGMEA building in the city, its President Siddiqur Rahman says the proposed budget is very business friendly


Punish those plundered money from banks: FBCCI Punish those plundered money from banks: FBCCI

The FBCCI also demands uninterrupted power supply and development of economic zones as soon as possible


Budget to benefit both rich and poor, says Tofail Ahmed Budget to benefit both rich and poor, says Tofail Ahmed

The minister refutes BNP leader Barrister Moudud Ahmed’s recent statement about the proposed national budget placed in the parliament on June 7


Europe pledges $40 million to help Venezuelans Europe pledges $40 million to help Venezuelans

Most of the money will provide health care, food and clean water to vulnerable Venezuelans living inside and outside of the country


Ministers, officials appreciate slashing corporate tax for banks, FIs Ministers, officials appreciate slashing corporate tax for banks, FIs

To bring the lending rate in single digit for accelerating further the country’s economic activities, the government has taken such initiative


IMF agrees to loan up to $50bn for Argentina IMF agrees $50bn loan for Argentina

The three-year agreement must still be approved by the IMF board


Tk 24,921 cr for overall development of power, energy
Tk 24,921 cr for overall development of power, energy

Of the total Taka 24,921 crore Muhith proposes Tk 22,936 crore for the power division and Tk 1,985 crore for the energy and mineral resources division


Government plans to raise number of registered taxpayers to 10m in FY23 Govt plans to raise number of registered taxpayers to 10m in FY23

Finance Minister AMA Muhith announces the new target while placing the national budget for fiscal year 2018-19 in Jatiya Sangsad on Thursday.


Public servants to get house loan from next year Public servants to get house loan from next year

We have formulated a policy guideline for providing loan from the banking system, Finance Minister Abul Maal Abdul Muhith says


10 million more jobs to be created in  Economic Zoness: Muhith 10m more jobs to be created in EZs: Muhith

Establishment of 76 economic zones has been approved so far or till now and the PM herself has inaugurated 10 of them,” the minister says


Banks can change interest rate only once a month Banks can change interest rate only once a month

The Finance Minister mentions a number of measures taken by the government as part of reform programme in the financial and banking sector


Govt to launch FRTB-based bond market Govt to launch FRTB-based bond market

Finance Minister AMA Muhith mentiones that the guidelines and directives have already been issued in this regard

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