Development spending shows signs of improvement
Development spending improved slightly in the first quarter of the fiscal year but it is still lagging far behind the historical trend.
24 October 2016, 18:00 PM
FDI rises 9.27pc
Foreign investment increased 9.27 percent year-on-year in fiscal 2015-16 due to an improvement in reinvestment in existing
23 October 2016, 18:00 PM
New WB loans for infrastructure in the offing
Bangladesh is set to take loans under a new scheme of the World Bank that carries high interest rate, to meet the huge public and
22 October 2016, 18:00 PM
$2.76b Chinese Fund: Quick move to execute 3 projects
The government is acting fast to implement the projects China agreed to fund during President Xi Jinping's Dhaka visit last week.
Only four days into the signing of a Memorandum of Understanding between the two sides, the Cabinet Committee on
19 October 2016, 18:00 PM
High hope for Chinese investment
China may commit more than $23 billion for the next five years under an agreement to boost investment in Bangladesh and strengthen production capacity cooperation.
13 October 2016, 18:00 PM
Chinese President's Visit: Sonadia deep-sea port may not be on table
The longstanding issue of building a deep-sea port at Sonadia in Chittagong may not be discussed during Chinese President Xi Jinping's two-day state visit starting Friday.
10 October 2016, 18:00 PM
Focus on free trade zone
Dhaka and Beijing may agree to carry out a feasibility study for a free trade zone in Bangladesh to facilitate Chinese
6 October 2016, 18:00 PM
Remittance tumbles 23pc
Remittance tumbled 22.68 percent year-on-year in September due to a decline in the income and savings of Bangladeshi expatriates
3 October 2016, 18:00 PM
ADB approves record fund for Bangladesh railroad
The Asian Development Bank yesterday announced a $1.5 billion fund to build a key train line from Dohazari in Chittagong to Cox's Bazar, in its largest investment in railways in the continent.
28 September 2016, 18:00 PM
Banks' capital rises
Banks' overall capital rose 1.6 percent in the April-June quarter but the capital base of state banks shrank further though they were
27 September 2016, 18:00 PM
ADB to approve $1b for Bangladesh rail project
The Asian Development Bank is set to approve $1 billion at the end of this week for a project to lay a 102km rail track from Dohazari in Chittagong to Cox's Bazar -- the lender's highest allocation for a single project in Bangladesh.
26 September 2016, 18:00 PM
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