Bangladesh team to meet Philippines president on stolen BB funds
A high-level team led by Law Minister Anisul Huq will go to the Philippines on Saturday with the objective to repatriate about $66
24 November 2016, 18:00 PM
Oil pipeline project to take off after 6-year delay
The cabinet committee on purchase yesterday approved the draft commercial contract with a Chinese firm to set up the Single Point Mooring with Double Pipeline in Chittagong at a cost of $550 million.
16 November 2016, 18:00 PM
Govt plans to cut fuel prices
The government is once again considering cutting fuel prices in line with the international market so that the economy can
14 November 2016, 18:00 PM
China agrees to limited bidding for projects
China has at last agreed to allow limited bidding for the selection of contractors for projects under its soft loan after
1 November 2016, 18:00 PM
Public sector companies' financial authority clipped
Public sector companies will now have to take approval from the cabinet committee on purchase when procuring
27 October 2016, 18:00 PM
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