China likely to pledge big
China may commit to a five-year comprehensive cooperation plan, including assistance in several billion-dollar projects, during the Chinese president's Bangladesh visit in the middle of next month.
25 September 2016, 18:00 PM
Banks' deposits soar despite small returns
Banks' deposits grew by a handsome amount last fiscal year despite small returns further pared down by inflation.
24 September 2016, 18:00 PM
China-funded roads get green light
The cabinet committee on economic affairs yesterday approved the Roads and Highways Department's proposals allowing China Harbour Engineering Company to build two mega-roads for about Tk 38,000 crore.
21 September 2016, 18:00 PM
Five TV stations in the offing
A Chinese state-owned firm got the nod to build five full-fledged TV stations in five divisional cities of Bangladesh to promote local
20 September 2016, 18:00 PM
Payra rail link to bring $7.5b FDI
A British company has proposed to invest $7.5 billion in the Dhaka-Payra seaport rail link project, whose implementation is vital for the government's ambitious economic development plan.
An official of the railways ministry said the UK firm -- DP Rail -- has submitted the proposal, and the decision about it would be made by the end of this month at a top-level meeting at the Prime Minister's Office.
18 September 2016, 18:00 PM
Private lenders outperform others
Local private banks saw their credit growth accelerate in comparison to state and foreign banks due to the race for making more profit
11 September 2016, 18:00 PM
Govt moves to revitalise Pangaon container terminal
The government has taken a fresh initiative to make the Pangaon inland container terminal more useful, slashing exporters' costs of carrying raw materials by half.
8 September 2016, 18:00 PM
BPC secures lower prices for oil imports
The cost of importing oil under government-to-government arrangement will be lower than under open tendering.
3 September 2016, 18:00 PM
Chinese firm gets contract to build oil pipeline
A project to set up a pipeline to carry oil from tankers in the Bay of Bengal to storage plants on the mainland will finally see the light of day after a six-year delay, but the cost will jump four times the initial amount.
31 August 2016, 18:00 PM
Rice at Tk 10 a kg for poor
The government is set to sell rice at Tk 10 per kilogram to 50 lakh poor households across the country from next month, a food ministry official said yesterday.
29 August 2016, 18:00 PM
Banks often troubled by influential defaulters
Influential defaulters took advantage of the loan rescheduling policy repeatedly, Bangladesh Institute of Bank
27 August 2016, 18:00 PM
BTCL to shell out Tk 2,048cr to upgrade network
Bangladesh Telecommunication Company Ltd is set to upgrade its countrywide network with a view to competing with the mobile
24 August 2016, 18:00 PM
Loan defaults keep swelling
Banks' loan defaults continue to soar in 2016, rising 6.65 percent in the second quarter to Tk 63,365 crore.
23 August 2016, 18:00 PM
Overhaul of pension scheme in the offing
The government will form a pension authority within next two years to oversee the pension scheme for the private sector.
18 August 2016, 18:00 PM
China to handpick contractors only for priority projects
Bangladesh will continue to allow China to select contractors only for priority projects financed with low-cost loans from Beijing, as
14 August 2016, 18:00 PM
New incentives on way to boost exports to $37b
The government is set to bring in major changes to the incentive structure for exports to achieve the higher growth target set for this
14 August 2016, 18:00 PM
Oil import costs to soar under govt-to-govt deals
Bangladesh Petroleum Corporation's cost on premium will escalate by at least 52 percent to 71 percent for importing petroleum products under government-to-government deals instead of open bidding.
10 August 2016, 18:00 PM
Foreign investment plunges
Foreign investment dropped 32 percent year-on-year in the first quarter of the year due to uncertain business climate.
8 August 2016, 18:00 PM
Banks sweeten home-loan deals
Banks have slashed their interest rates on home loans thanks to the overall fall in the cost of funds and a slump in real estate sales.
7 August 2016, 18:00 PM
Cautionary stance on hard loans
The government has taken on a cautionary approach for hard-term external borrowing to mitigate future risks even though there is no longer such condition from the International Monetary Fund.
7 August 2016, 18:00 PM