ADP spending off to a slow start
Development spending made a slow start to the current fiscal year despite a government order aimed at beginning project
1 September 2018, 18:00 PM
Fill vacancies in finance, planning ministries: PMO
The Prime Minister's Office (PMO) has directed to quickly fill over 50,000 vacant posts in different entities under the finance and planning ministries,
26 August 2018, 18:00 PM
BJMC gets Tk 100cr to pay jute mill salaries
The finance ministry has provided a Tk 100 crore loan under some conditions to Bangladesh Jute Mills Corporation (BJMC) to help the state agency pay salaries and wages of the staff of its 25 loss-making jute mills.
19 August 2018, 18:00 PM
Name and shame loan defaulters
The finance ministry has recommended that state-run banks publish the details of large loan defaulters on their websites at regular intervals in order to make the defaulters feel embarrassed.
16 August 2018, 18:00 PM
Export subsidy gets bigger
The government is set to extend export subsidy to eight new products and increase the amount for existing ones with a view to boosting overseas shipments and encouraging environment-friendly industrialisation.
12 August 2018, 18:00 PM
Govt to buy Rose Garden
The government is going to buy the historic Rose Garden mansion in Old Dhaka -- that was the birthplace of ruling party Awami League -- at about Tk 331.70 crore.
8 August 2018, 20:03 PM
RESERVE HEIST: BB to file lawsuit in NY court by January
The central bank is going to file a damage claim with a New York court by January next year to recover its reserve money stolen through one of the biggest cyber crimes in the world in February 2016.
6 August 2018, 18:00 PM
ADB doubles commitment for next three years
The Asian Development Bank is ready to lend $8.01 billion to Bangladesh over the next three years, almost the double the amount it had committed in the previous three years.
23 July 2018, 18:00 PM
Committee formed to devise ways to recover money
The government is working to solve the state banks' longstanding problem of default loans against the Chittagong-based commodity traders, which has almost become a noose around the banks' necks over the last several years.
21 July 2018, 18:00 PM
Project cost rises as size expands
The government is on its way to doubling the size of a planned permanent exhibition centre in Purbachal new town to hold the annual Dhaka International Trade Fair, thereby increasing the project cost by about 64 percent, despite a scarcity of land in the country.
9 July 2018, 18:00 PM
Foreign aid in pipeline: $44b
Unused foreign aid has reached a new high of $44.51 billion despite a record disbursement of development assistance in the last fiscal year, data from the Economic Relations Division showed.
7 July 2018, 18:00 PM
China, India lead way in foreign aid
Bangladesh last year received record sums of aid commitments from China and India as the two regional giants look to one up each
4 July 2018, 18:00 PM
Govt mulls Tk 519cr jute textile mill
The government is going to set up a specialised jute textile mill at a cost of Tk 519 crore although public sector textile and jute mills
2 July 2018, 18:00 PM
World Bank may provide $400m for Rohingyas
The World Bank (WB) will provide around $50 million grant in the first phase to improve the health of Rohingyas who fled Myanmar persecution and took shelter in Bangladesh.
28 June 2018, 19:31 PM
Money in Swiss Banks: Bangladeshis' deposits drop
Bangladeshi nationals' deposits in Swiss banks dropped 27 percent year-on-year in 2017 to 481.32 million Swiss francs or Tk 4,064 crore.
28 June 2018, 18:00 PM
560 Model Mosques: Govt to build them with its own finances
The government is going to build 560 model mosques in district and upazila towns across the country spending Tk 8,722 crore from its own resources as Saudi Arabia has not made the funds available.
25 June 2018, 18:00 PM
ADP spend far away from target
Ministries and divisions face an uphill task in June as they will have to spend about one-third of the development budget in one month to reach the government's ambitious ADP target.
24 June 2018, 18:00 PM
Subsidy outlay to spiral 80pc
Subsidy expenditure is set to increase 80.26 percent to Tk 37,804 crore in fiscal 2018-19 as the government looks to bankroll lower gas and fuel prices keeping an eye on the national election due to be held at the end of this year.
20 June 2018, 18:00 PM
UN, WB chiefs likely to visit Rohingya camps in Bangladesh
United Nations Secretary-General Antonio Guterres and the World Bank Group President Jim Yong Kim are likely to make a two-day official visit to Rohingya refugee camps in Cox’s Bazar district of Bangladesh on July 1.
16 June 2018, 14:58 PM
Credit from Japan to get costlier
Japan has raised the interest rate on loans given to Bangladesh -- following in the footsteps of the World Bank -- by 30 basis points to 1 percent effective from next fiscal year thanks to the rise of the country's per capita income.
14 June 2018, 18:00 PM