ADB betting big on Bangladesh
Bangladesh was the third highest recipient of loans from the Asian Development Bank (ADB) last year, in further testament to the
5 May 2019, 18:00 PM
Govt seeks ADB support to develop bond market
Asian Development Bank in developing its untapped sectors as it strives to become a developed nation by 2041.
4 May 2019, 18:00 PM
ADB will shift focus with changing Asia-Pacific
Asian Development Bank’s strategy going forward will be to respond to the changing needs of the Asia and the Pacific region, says its President Takehiko Nakao.
3 May 2019, 08:11 AM
ADB sounds caution over taking BRI loans
In a word to the wise, ADB President Takehiko Nakao yesterday advised countries to scrupulously evaluate the merits of a project before approaching China for funding under its flagship Belt and Road Initiative.
2 May 2019, 18:00 PM
ADB launches action plan for healthy oceans
The Asian Development Bank (ADB) launches the Action Plan for Healthy Oceans and Sustainable Blue Economies for the Asia and Pacific region.
2 May 2019, 10:38 AM
ADB considers US$ 100m grant for Rohingyas in Bangladesh
The Asian Development Bank is considering to provide a grant of US$ 100 million to Bangladesh specially for the Rohingya refugees, ADB President Takehiko Nakao says.
2 May 2019, 05:29 AM
Implementation capacity the main hindrance to growth ambitions
Bangladesh’s capacity to implement large volumes of infrastructure projects will be the main stumbling block to realising the country’s growth ambitions, says a top official of the Asian Development Bank.
1 May 2019, 12:09 PM
Bangladesh second fastest growing economy: IMF
Bangladesh is among the three fastest growing economies in the world, according to the International Monetary Fund (IMF) -- in yet
10 April 2019, 18:00 PM
IMF warns of revenue leakage
The government's decision to have multiple rates under the new VAT law poses significant risks of revenue leakages, said the
2 April 2019, 18:00 PM
Equipment Purchase for Fire Service: Vital project sees slow execution
Due to delays in procurement, firemen are yet to get the modern equipment they need for faster response to fires, fight blazes with efficiency, and reduce risks.
1 April 2019, 18:00 PM
New budget to cross Tk 5 lakh crore
Fiscal 2019-20's budget is set to cross the landmark of Tk 5 lakh crore as the Awami League-led government, fresh from being
23 March 2019, 18:00 PM
GDP growth may cross record 8pc
Bangladesh economy is going to cross a record 8 percent growth mark in the current fiscal year, powered by high performance in manufacturing and service sectors, the finance minister has claimed.
19 March 2019, 18:00 PM
Govt in a fix over revised budget
The finance division is facing a difficult situation in fixing the size of the revised budget as many ministries and divisions are
9 March 2019, 18:00 PM
Relocating Hazardous Old Town Industries: At primary stage, perennially
After an inferno had claimed 124 lives in Old Dhaka's Nimtoli in 2010, the government took up four projects to relocate four types of industries -- chemical, plastic, printing and light electronics -- from this part of the capital.
24 February 2019, 18:00 PM
First Indian Line of Credit: 8yrs gone, only 51pc utilised
Projects under the three Indian Lines of Credit worth around $7.5 billion are facing delays mainly due to technical and bureaucratic reasons, and both sides are responsible for this, officials said.
20 February 2019, 18:00 PM
Saudi to invest in 30 big projects
Saudi Arabia plans to invest several billion dollars in more than 30 projects in Bangladesh, including setting up an aircraft repair and maintenance facility in Lalmonirhat.
18 February 2019, 18:00 PM
Development budget to be revised upwards
In a departure from previous years, the development budget for the current fiscal year is likely to be revised upwards -- by about 11 percent -- to meet the government's ambitious plans.
17 February 2019, 18:00 PM
DEFAULT LOAN: All talks, no action yet
The finance ministry has taken several moves to bring down the mounting default loans and strengthen the banking sector's corporate governance.
14 February 2019, 18:00 PM
Work but no pay
More than 35,000 employees of 260 municipalities have not received salaries for up to seven years due to fund crunch of the local government bodies.
6 February 2019, 18:00 PM
Foreign aid budget to be slashed
The government is likely to revise down the foreign aid allocation by 15 percent in fiscal 2018-19 -- at a time when there is a record high level of the low-cost fund sitting idle in the pipeline.
5 February 2019, 18:00 PM