Dredger purchase beats snail's pace
This is a classic case of inertia, a case that clearly shows how things move in government offices.
In 2010, the government planned to dredge and make the country's vast waterways navigable in 10 years.
9 August 2017, 18:00 PM
Private credit growth drops
Private sector credit growth dropped 1.12 percentage points in June from a year earlier due to cautious lending and slow export and remittance growth.
5 August 2017, 18:00 PM
Padma rail deal with China by this year
Bangladesh and China are going to sign final deals on the Padma Bridge Rail Link and four other projects involving $6.8 billion by this year.
31 July 2017, 18:00 PM
Zero progress in offloading shares of state-run firms
Some of the 26 state-owned enterprises that were instructed to offload their shares in the stockmarket are being resolutely defiant in
27 July 2017, 18:00 PM
Monetary policy may be expansionary
The central bank yesterday held its final round of meetings to lock down an expansionary monetary policy for the
24 July 2017, 18:00 PM
Rice importers get deferred payment facility
Bangladesh Bank has taken yet another step to increase rice import to boost stock and stabilise the price level of the
22 July 2017, 18:00 PM
World Bank ready to help transform Dhaka
If the government comes up with a clear vision and a new comprehensive plan, the World Bank is ready to support and finance the
20 July 2017, 18:00 PM
Govt to set up 150MW power plant in Saidpur
The government is set to build a diesel-fired 150 megawatt power plant in Saidpur, the fuel for which will be imported from India.
19 July 2017, 18:00 PM
Rescheduling facility for SMEs to boost investment
The central bank can extend rescheduling facilities to small and medium enterprises if it wants to bump up the
17 July 2017, 18:00 PM
Public Bank Scams: Problems left to persist
Governance failings and appointment of politically linked people to the boards of public banks have been contributing to default on large loans, frequent scams and poor recovery of stolen money.
15 July 2017, 18:00 PM
Foreign aid use slumps
Foreign aid disbursement slid 4.78 percent last fiscal year even though a huge amount is ready for use and is now
15 July 2017, 18:00 PM
ADP spending lowest in eight years
The ministries and divisions managed to spend only 89.34 percent of their development budget in the just-concluded fiscal year, the lowest in eight years.
9 July 2017, 18:00 PM
Remittance from outside Middle East also slumps
Remittance inflow to Bangladesh from outside the Gulf Cooperation Council countries, especially the US, crashed in fiscal 2016-17
6 July 2017, 18:00 PM
NBR moves to soften blow of VAT law delay
The revenue authority is relying on cigarettes and tobacco products and a steady growth of economic activities to soften the blow of
4 July 2017, 18:00 PM
Japan to provide $1.59b this year
Japan, Bangladesh's largest bilateral lender, is set to provide $1.59 billion in loans this fiscal year but the interest rate will be increased
2 July 2017, 18:00 PM
Backtracking on New VAT Law: Big businesses appeased
It was mainly the pressure from big businesses that led to the government's backtracking on its decision to implement the new VAT law. Appeasing the people in general was not much of a reason, which the government has been touting.
The late u-turn of the government last month has left the National Board of Revenue (NBR) in a spot of bother, as it now has to fill a gaping hole in its revenue collection target.
1 July 2017, 18:00 PM
Deposits jump 20pc in a year
Bangladeshi nationals' deposits in Swiss banks rose 20.18 percent year-on-year in 2016 to 661.96 million Swiss francs or Tk 5,575 crore.
The Swiss National Bank (SNB) came up with the data in its annual report titled “Banks in Switzerland 2016”.
29 June 2017, 18:00 PM
Proposed VAT, Tax Measures: Major changes likely
Unlike previous budgets, which were passed by parliaments with minor changes, this year's proposed budget could have major
24 June 2017, 18:00 PM
Govt to widen road for transhipment
The government will widen a narrow 51-kilometre road from Ashuganj river port to Akhaura land port to four lanes for smooth transhipment of Indian goods.
21 June 2017, 18:00 PM
New Vat Plan: Govt may back off for now
The government may backtrack on its plan to implement the new VAT law from July this year, in the face of pressure from a section of
20 June 2017, 18:00 PM