14cr to get Covid vaccine in phases
The government will inoculate in phases nearly 14 crore people against Covid-19 with double-dose vaccine from the COVAX facility under a Tk 6,786 crore pandemic preparedness project.
5 January 2021
Record Tk 10,220cr black money legalised in Jul-Dec
Black money-holders legalised the highest amount of undeclared assets in history in just six months of the current fiscal year as no government agency now raises questions about some sources of incomes due to a waiver announced in the budget.
4 January 2021
Dragging on for a decade
A project on the construction of Chattogram City Outer Ring Road -- that was taken around ten years back in 2011 with four-year completion period -- is yet to be completed.
4 January 2021
With no questions being asked, a record Tk 10,220cr black money legalised between Jul-Dec
Black-money-holders legalised the highest amount of undeclared assets in history in just six months of the current fiscal year as no government agencies now ask questions about the sources of incomes.
4 January 2021
Budget to see major cuts as earnings, spending drop
The government is likely to downsize its income and expenditure targets in the revised budget because of lower revenue growth, slower implementation of development programmes and a fall in spending due to the pandemic.
3 January 2021
Digital wage pays off for workers: WB
Wage disbursements through digital payment methods is beneficial for employees as it helps increase savings and improves their ability to mitigate unanticipated financial shocks, according to a recent World Bank (WB) study.
2 January 2021
Bangladesh Economy 2020: Rising from the rubble
The year 2020 began with a cloud of uncertainty hanging over the horizon. The novel coronavirus was spreading in Europe, the destination of over 60 percent exports from Bangladesh, after wreaking havoc in China, its largest trading partner.
31 December 2020
Govt plans to import 10 lakh tonnes of rice
The government will import at least 10 lakh tonnes of rice from different countries to boost the food grain reserve amid growing concerns over the second wave of the Covid-19 pandemic.
30 December 2020
Cox’s Bazar Runway Expansion: Cabinet okays company appointment
A joint venture company that includes China Civil Engineering Construction Corporation (CCECC) has been awarded the Cox’s Bazar airport runway expansion work for Tk 1,568.86 crore.
30 December 2020
Tk 89,500cr in GDP lost to pandemic
The Covid-19 pandemic has caused Bangladesh Tk 89,500 crore in GDP losses at current prices in the last fiscal year, according to a summary report of the government.
29 December 2020
Volatile Rice Market: Import eased as prices soar
The government is going to allow the private sector to import six lakh tonnes of rice with 25 percent duty to stabilise the rice market.
27 December 2020
Budget execution faces roadblocks
Bangladesh’s external sector came under stress in January after the outbreak of coronavirus disease in China, the country’s largest trading partner, slowed global trade, thus impacting the economy to some extent.
27 December 2020
Covid poses challenges for LDC graduation
Bangladesh is set to graduate from the group of the least-developed countries but will face some challenges during the transition period because of the devastating impacts of the coronavirus pandemic, said a United Nations agency.
26 December 2020
Factory activity on slow recovery path
Factory activity in Bangladesh rose 4.39 per cent year-on-year in August as the economy embarked on a journey to recovery from the wreckage caused by the coronavirus pandemic, official data showed.
24 December 2020
ADP spending in slow lane
Development spending rose 2.66 per cent to a five-month high in November although the overall implementation is yet to receive a significant boost because of the slowdown caused by the coronavirus pandemic, official data showed yesterday.
23 December 2020
Prepaid Gas Meters in Dhaka: 1.2 lakh more households to get them
The Executive Committee of the National Economic Council yesterday extended a project to install prepaid gas meters in Dhaka households, which will see 1.2 lakh more prepaid connections by December 2022.
22 December 2020
Displaced workers of three sectors to get cash assistance
The workers who lost their jobs due to the Covid-19 fallout across three sectors -- garments, leather and footwear -- are about to finally receive Tk 3,000 per month as financial assistance.
22 December 2020
Food security still not for all
Although Bangladesh achieved food security and improved access to food, eight percent of the households where the urban poor live still go to sleep with empty stomachs, reveals a government survey.
20 December 2020
State enterprises’ profit falls to five-year low
State-run Bangladesh Petroleum Corporation’s net profit dropped 14.21 per cent in the last fiscal year because of a decline in fuel sales amid the pandemic-induced demand collapse.
15 December 2020
Graduation from LDC: UN projections show high hope
Bangladesh is on track to graduate to a developing country from a least developed one as a UN body estimates that the country’s scores in all three criteria would be much higher from the graduation threshold next year.
14 December 2020