ADP to see Tk 75bn cut in PA allocation By Hasibul Aman | Last Updated: 21st January, 2021, 10:09

In FY2020, project aid allocation saw a drastic cut by 13.65 per cent or Tk 98 billion from Tk 718 billion original allocations

ADP to see Tk 75bn cut in PA allocation

Commercial beekeeping holds bright prospects Commercial beekeeping holds bright prospects

Honey cultivation can also be done in the fields of mastered, black seed, coriander, sesame, litchi and moringa across the country


No liquidity crisis in banking sector: Governor No liquidity crisis in banking sector: Governor

Finance Minister AMA Muhith urges the bankers to focus more on raising capital to overcome the problem in the country’s banking sector


NBR to go tough against tax dodging foreign workers NBR to go tough against tax dodging foreign workers

Foreigners must show their income tax clearance certificate prior to leaving Bangladesh


Oil prices rally on supportive comments Oil prices rally on supportive comments

Some analysts' positive comments to oil increases to a broad-based rebound in global stock markets


Muhith for proper evaluation of projects before giving bank loans Muhith for proper evaluation of projects before giving bank loans

The finance minister also underscores the need for properly following the 'know your clients' formula


5 Chittagong power plants in pipeline 5 Chittagong power plants in pipeline

Construction of five new power plants in Chittagong is in process under the private sector


World stocks most rise as rate-hike fears ebb World stocks most rise as rate-hike fears ebb

The Dow finished narrowly positive, up 0.1 percent 25.219,38, following a choppy session


Asia markets higher as volatility fears ease Asia markets higher as volatility fears ease

Tokyo followed Wall Street higher as investors gradually regained confidence heading into the weekend


Asian markets extend rebound after Wall St brushes off inflation Asian markets extend rebound after Wall St brushes off inflation

Tokyo ended the morning 1.3 percent higher, despite a surge in the yen against the dollar, which tends to hurt exporters


Consumer price rise signals firming inflation US inflation accelerates in January

The consumer price index is a different measure of inflation from the one the Federal Reserve typically emphasises


China warns Trump trade sanctions threaten global economy China warns of Trump trade sanctions

Washington imposes a range of tariffs on Chinese-made goods, sparking fears of a tit-for-tat trade war


Iran arrests currency traders as rial collapses Iran arrests currency traders as rial collapses

Iran's currency collapses from 38,400 rials to the dollar in July to a record low of 48,400 on Wednesday


Saudi Arabia seeks to further reduce oil stockpiles Saudi Arabia seeks to further reduce oil stockpiles

Saudi Arabia remains focused on working down excess oil inventories


UK aid chief warns charities after Oxfam sex scandal UK aid chief warns charities after Oxfam sex scandal

The scandal lead to the resignation of Oxfam's deputy head and has thrown into question government funding for the charity


Tokyo stocks lead most Asia markets down ahead of US inflation Tokyo stocks lead most Asia markets down ahead of US inflation

On other markets, Shanghai fell 0.3 percent, Sydney lost 0.4 percent and Singapore was off 0.1 percent. Wellington and Manila also skidded


Planning Minister AHM Mustafa Kamal urges Canada to invest more in Bangladesh Kamal urges Canada to invest more in Bangladesh

The Planning Minister underscores the need for further enhancing the economic partnership between Bangladesh and Canada


Stocks bounce back in edgy global markets Stocks bounce back in edgy global markets

The sudden market fragility comes after a stellar 2017 and a January that saw record and multi-year highs for stock markets around the world


Agent banking accounts exceed 12 lakh Agent banking accounts exceed 12 lakh

Specialists term that agent banking is a great initiative of the central bank


Tourism Minister Shahjahan Kamal Kamal for attracting more European tourists Kamal for attracting more European tourists

The minister says Bangladesh is an exciting tourist destination for all as it has blend of splendid natural beauty


Global markets seeing 'necessary corrections': IMF chief Global markets seeing 'necessary corrections': IMF chief

Wall Street stocks ended a bruising week on a benign note, courtesy of a late-session surge on Friday


Stocks' drop brings scrutiny of complex low-volatility bets Stocks' drop brings scrutiny of complex low-volatility bets

Only days before markets began to go haywire, Barclays chief executive Staley warned about the risky investments at the World Economic Forum in Davos


1320MW JV power plant project awaits cabinet’s nod 1320MW JV power plant project awaits cabinet’s nod

The government is likely to allow a joint venture coal-fired power project having the capacity to generate 1320MW of electricity at Moheskhali


US stocks end brutal week on benign note; European, Asian stocks dive US stocks end brutal week on benign note; European, Asian stocks dive

US stocks lurched back and forth in a rollercoaster session, opening decisively higher, then tumbling deep into the red at midday before rising again


Asia stock markets drop sharply after US falls Asia stock markets drop sharply after US falls

Sell-offs around the world have been pinned partly on concerns over higher interest rates


Remittance inflow increases by 15.83pc in 7 months Remittance inflow increases by 15.83pc

BB Deputy Governor says the recent flow of remittance indicates that it is gradually increasing and this trend is likely to continue


Tokyo stocks open higher after volatile trade Tokyo stocks open higher after volatile trade

The broader Topix index was up 0.51 percent, or 8.84 points, at 1,758.75


Bangladesh Bank to sue Philippines RCBC bank to recover stolen money BB to sue Philippines RCBC bank

Hackers swindle out $US 101 million from the central bank's account with the Federal Reserve Bank in February, 2016


Asia markets follow Wall Street higher Asia markets follow Wall Street higher

Stock markets in Asia and the US have been sitting at record levels and analysts have said for months a correction was due


Asian shares mirror Dow comeback, dollar steady Asian shares mirror Dow comeback, dollar steady

The Nikkei 225 tumbled as much as 7.1 percent on Tuesday before regaining some lost ground to close 4.7 percent lower


MoU signed with Norway to set up 800 MW solar power plant in Chandpur 800 MW solar power plant in Chandpur

A total of 3,002 acres of land requires for setting up the power plant


Bangladesh among 5 top growth achievers among 45 LDCs in 2017: Unctad "Bangladesh among 5 top growth achievers among 45 LDCs"

The LDCs will not achieve the Sustainable Development Goals unless they speed up wholesale restructuring of their economies, says the Unctad


Asia markets join global stock plunge Asia markets join global stock plunge

It comes after the Dow Jones Industrial Average suffered its worst drop in more than six years on Monday


US stock plunge sparks global sell-off US stock plunge sparks global sell-off

The Dow Jones Industrial Average index tumbled 1,175 points, or 4.6% to close down at 24,345.75


Bangladesh improves in Economic Freedom Index-2018 Bangladesh improves in Economic Freedom Index-2018

Bangladesh is ranked 29th among 43 countries in the Asia-Pacific region, and its rank is ahead of India (30th), Pakistan (31st), Nepal (32nd)


Asian markets tank after Wall St sell-off, rising yields fan fear Asian markets tank after Wall St sell-off, rising yields fan fear

Fresh turmoil in Washington after Trump approved the declassification of a controversial memo linked to the FBI's Russia probe also caused a stir


US jobs engine gathers speed in January as wages rise US jobs engine gathers speed in January as wages rise

Meanwhile, the unemployment rate remained at a 17-year low of 4.1 percent for the fourth month in a row


Remittance inflow rebounds Remittance inflow rebounds

Bangladeshi expatriates send home $1.38 billion in January, posting an 18 percent rise from $1.16 billion in December last year


Indian investors urged to launch joint ventures with Bangladesh Indian investors urged to launch joint ventures with Bangladesh

Bangladesh HC to India Syed Muazem Ali stresses the need for further exploring the potentiality of cooperation between Bangladesh and India


Apple sells fewer phones but profits rise Apple sells fewer phones but profits rise

The firm reported a record $20bn (£14bn) in quarterly profits, driven by strong growth in Japan and Europe

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