Panel to cut proposed salary for higher rungs
The secretary-level review committee on the Pay Commission is set to cut the recommended salary for the higher rungs of the pay structure and increase that for the lower grades to add a populist hue.
20 April 2015, 18:00 PM
Neonatal death rate remains static despite other successes
While the country is witnessing significant improvement every year in most health indicators, the death rate of newborns remains
20 April 2015, 18:00 PM
IFC, govt to launch $1b offshore taka-linked bond
The International Finance Corporation and the Bangladesh government are set to launch a $1 billion offshore taka-linked bond, a move that
19 April 2015, 18:00 PM
Budget support merits stern reforms: WB
The World Bank wants the country to run various reform programmes in energy and transport sectors, including the introduction of
18 April 2015, 18:00 PM
China offers Bangladesh soft loans of $15-20b
China has offered Bangladesh soft loans of $15-20 billion to help it expand railway networks across the country.
Officials of the Chinese embassy in Dhaka placed the loan proposal at a high-level meeting with Bangladesh officials at the Prime Minister's Office in January, railways ministry sources told The Daily Star.
16 April 2015, 18:00 PM
BPC to see Tk 2,000cr profit as oil prices fall
Bangladesh Petroleum Corporation is making a whopping profit of Tk 13 to Tk 36 per litre on petroleum products on the back of the
13 April 2015, 18:00 PM
Exchange rate remains stable
The exchange rate has remained stable despite an increase in imports due to adequate liquidity and timely intervention in the foreign
11 April 2015, 18:00 PM
Performance targets for state banks
The finance ministry has for the first time set 13 annual performance targets for the 14 state-owned financial institutions, including
9 April 2015, 18:00 PM
Govt to lower economic growth target for unrest
The government is set to revise down current fiscal year's GDP growth projection by 0.5 percentage point to 6.8 percent in light of the
7 April 2015, 18:00 PM
Export growth brings sunshine
Exports rose 7.43 percent year-on-year to $2.93 billion in March, a development which has brought a ray of sunshine amid the
6 April 2015, 18:00 PM
Social safety roadmap
The government is set to unveil a new scheme that will bring 3.57 crore of the poorest and most vulnerable citizens under social safety plans.
4 April 2015, 18:00 PM
Bangladesh govt plans mandatory pension scheme for private sector
The government plans to make a law to introduce a mandatory pension scheme in the private sector.
2 April 2015, 18:00 PM
Govt to take $44m loan from IDB for second submarine cable links
The government is set to take $44 million loans from the Islamic Development Bank under slightly harder terms to connect the nation
1 April 2015, 18:00 PM
Joint venture of French and Japanese firms to construct 2nd submarine cable station in Kuakata of Bangladesh
A joint venture of two companies from France and Japan will construct the second submarine cable station in Kuakata of Patuakhali,
31 March 2015, 18:00 PM
Budget to be cut after slow expenditure
The government is likely to slash the budget for the fiscal year in light of the slow spending in the first six months.
28 March 2015, 18:00 PM
Cost of debt swelling
The government's debt servicing costs are set to balloon after sales of high interest-bearing savings instruments rocketed in the first eight months of the fiscal year.
26 March 2015, 18:00 PM
Govt to take $50m in easy loans from Belarus for equipment purchase
The government plans to take a $50 million “commodity credit” from Belarus with low interest rates for procuring maintenance
24 March 2015, 18:00 PM
Non-farm activities generate the bulk of rural income
Rural households earn more from non-farm activities than agriculture due to the low price of farm products and lack of an appropriate marketing system, a recent survey by Bangladesh Bureau of Statistics found.
23 March 2015, 18:00 PM
Rural credit comes with extra costs
Rural customers have to spend money to get farm loans, which includes giving tips to convince officials, and the incidence is the highest in case of state-owned banks, a survey by Bangladesh Bureau of Statistics found.
22 March 2015, 18:00 PM
Defaults creep up at NBFIs
Non-bank financial institutions saw their default loans rise 11.71 percent year-on-year in 2014, which observers say is a by-product
21 March 2015, 18:16 PM