Getting Vaccines: Govt working on a $550m scheme
The government has undertaken a programme worth $550 million with an aim to procure and distribute coronavirus vaccines.
3 October 2020
Getting vaccines: Govt working on a $550m scheme
The government has undertaken a programme worth $550 million with an aim to procure and distribute coronavirus vaccines.
3 October 2020
Eighth five-year plan unfazed by pandemic
The government is aiming to clock more than 8 per cent economic growth on average during the Eight Five-Year Plan period as it hopes that the impacts of the devastating coronavirus pandemic would fade in the second half of the current fiscal year.
1 October 2020
Korean joint venture may build Joydebpur-Mymensingh expressway
A South Korean joint venture is likely to be engaged in turning the Dhaka-Mymensingh highway into an expressway under a public private partnership (PPP) initiative.
30 September 2020
Covid-19 Stimulus Package: Disparity in disbursement
Implementation of government’s stimulus package, announced to absorb the economic shock from the coronavirus pandemic, saw a mixed progress as around 26 percent of the massive Tk 111,141-crore scheme was disbursed in four months till July.
28 September 2020
Covid-19 fallout: 68% lost jobs in Dhaka and Ctg
Around 68 percent of the people who had to stop working in urban areas of Dhaka and Chattogram due to the pandemic have lost their jobs, according to a World Bank report.
27 September 2020
Huge potential lies in electronic procurement
Despite some loopholes, the implementation of an electronic system for public procurement, replacing paper-based lengthy process, has been a boon for Bangladesh as it is saving millions of dollars and reducing time in the bidding process, the World Bank said.
26 September 2020
Govt procurement: Gifts, trips secure contracts
Bidders need to give bribes in the form of financial benefits, arrange trips and host dinners for government officials to win public procurement contracts, says a World Bank report.
23 September 2020
Ministries against holding back low-priority projects
The planning ministry has expressed dissatisfaction over a decision to put on hold implementation of low-priority projects.
22 September 2020
Chinese loan deals for four projects hopefully this year
With development projects losing steam for the ongoing pandemic and several months of shutdown, the Economic Relations Division (ERD) hopes to get four back on track by getting loan agreements signed with China this fiscal year.
22 September 2020
Govt serious about offloading shares of state banks: Kamal
The government has not discarded its plan to offload shares of several state-run banks, said Finance Minister AHM Mustafa Kamal.
19 September 2020
Credit growth rises despite pandemic
Banks managed to post 8.95 per cent credit growth in the last fiscal year despite a steep fall in business in the last quarter owing to the coronavirus pandemic.
17 September 2020
Cabinet okays plan to set up first waste-based power plant
The government yesterday gave its nod to a proposal to set up the country’s first ever waste-based power plant.
16 September 2020
ADP spending dips in August
Development expenditure dropped 10.18 per cent year-on-year to Tk 5,097.79 crore in August as activities are yet to pick up because of the lingering coronavirus pandemic.
16 September 2020
Economy on path to gradual recovery
Bangladesh might have already started rebounding from the persisting coronavirus pandemic as the Asian Development Bank said the economy would see a gradual recovery in the first two quarters of the fiscal year.
15 September 2020
Bigger WB loan, currency devaluation increase urban resilience project cost
Government projects tend to witness increases in implementation costs for a myriad of reasons, including changes in design and land prices and tendering delays.
15 September 2020
Biman may stay caged
The cabinet yesterday approved a draft law allowing the aviation ministry to keep its control over Biman, even though the national flag carrier was turned into a public limited company in 2007 to make it profitable.
14 September 2020
Exporters pin big hopes on Bhutan
Bangladesh’s exports to Bhutan would get a huge boost once the two sides sign the proposed preferential trade agreement, said exporters and experts yesterday.
14 September 2020
Banks’ deposits swell
Deposits at banks rose 10.49 per cent year-on-year to Tk 1,305,453 crore in the last fiscal year on the back of tightening of rules around national savings certificates, record flow of remittance and rebounding economic activities.
13 September 2020
BoP returns to black
Bangladesh’s balance of payments (BoP) returned to the black in July on the back of a sharp decline in imports and a rise in remittance and exports.
10 September 2020