National,Back Page
The cost of Ashuganj-Akhaura 4-lane national highway project is increasing by 62.33 percent to Tk 5,791 crore.At the same time, the implementation period is also increasing by three years. Therefore, the first amendment proposal of the project has been sent to the Planning Commission.The project is ...
National,Front Page
Ten projects worth Tk 7,447 crore including establishment model mosques across the country will be placed at the meeting of the Executive Committee of the National Economic Council (Ecnec) meeting today.The ECNEC meeting will be held at the NEC conference room in the capital's Sher-e-Bangla Naga...
The government has undertaken a river dredging project to boost exports and imports with neighboring India by ensuring a waterway route.As part of its move, the Gumti River in Cumilla will be dredged to increase exports and imports to Arunachal, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripu...
Foreign direct investment (FDI) has rebounded and increased in line with the import and export of the country as Covid-19 infection drops. Economists said foreign investment has come from Korea, China and Hong Kong in the garment sector over the past fiscal year. Besides, some investments ...
The government has undertaken a special project to give smart cards to 1.09 crore farmers across the country to provide them all benefits.The project was started with the objective of bringing all the farmers and agricultural products of the country under digital process in order to make available t...
The UNGA resolution for graduation of Bangladesh to a developing country from the status of the least developed countries (LDCs) is a milestone in the country's post-independence economy, said economists and business leaders. This will further brighten the image of the country, they said ad...
The government has undertaken a special project worth Tk 3,490 crore to develop rural infrastructure in wetland (Hoar) areas including building five elevated roads to ensure sustainable economic growth.The project proposal states that the road communication system in the haor areas is underdeveloped...
Bangladesh will enter a new era for accelerating economic development after 2022 as many mega projects may open during the time to ensure sustainable infrastructure development.Economists said people will have a different Bangladesh from 2023 as three major development projects of the government inc...
The government recently has taken an initiative to turn Purbachal into a new modern city fully equipped with state-of-the-art advanced technology by 2023 at a cost of Tk 30,000 crore.For this, Bangladesh Telecommunication Company (BTCL) is adding information technology in all kinds of transformation...
Bank & Insurance,Back Page
Bangladesh Bank sold US dollars directly to the commercial banks from the foreign exchange reserves to prevent the rise in the value of dollar against Taka. As part of its move, the central bank sold $20 million on Monday to banks meeting import payments to stabilize the forex market, bankers said.&...
As the country's economy begins to recover from the corona shock, rising fuel prices will put new pressure on the economy.Economists and experts said domestic demand has picked up as the corona situation returns to normal.As a result, economic activities are going on, they said, adding that risi...
The stock market again experienced low transactions as the Dhaka Stock Exchange lost its market cap (Capitalisation) more than Tk 31,000 crore in a month.Besides, stocks fell for the fourth straight week as cautious investors continued to sell off shares in major sectors.Market analysts said the cap...
If implemented, it will be possible to prevent river erosion and control flooding in the project area through canal excavation, regulator repair, reconstruction, river bank conservation and embankment conservation. Besides, agricultural production will be increased and food security will be ens...
The US dollar has continued rising and hit a record high against Taka on rising trend of import payments and slowdown of remittance inflow.Dollar value is increasing by 2-5 paisa almost every day against Taka in the inter-bank. On Tuesday, the US dollar was quoted at Tk 85.70. It was sold at Tk 84.8...
The government will enhance the facilities of Mirsarai Economic Zone (MEZ) to accelerate economic growth by attracting more investment, both local and foreign.It will generate jobs and fast-track development to help the economy offset the adverse impact of the Covid-19 pandemic, sources said.The gov...
The metro rail will run through a tunnel for the first time in the country.The cost of implementing this route has been estimated at Tk 41,238.55 crore.The route will be about 20 km long from Hemayetpur in Savar to Bhatara in the capital, sources said. This work will be done under the ‘MR...
Various time-befitting and pragmatic measures of the government have brought the country’s economy back on the right track after offsetting the devastating impact of Covid-19 that led the world economy to a negative trajectory.The government of Prime Minister Sheikh Hasina took the measures to...
The government has taken an initiative to create 3 lakh heavy vehicle drivers to make the roads safer.Thousands of lives are lost on the roads every year. The number of people paralyzed in the accidents is not less. Reckless driving, competition, overtaking, driver incompetence are the main reasons ...
The government has taken a massive initiative to turn the pharmaceutical sector into an export booster to increase foreign revenue income.The National Board of Revenue (NBR) has recently given good news for the expansion of the domestic pharmaceutical industry.An organization that produces...
Establishment of Sports School, originally a three-year project, has not yet been completed although six years have elapsed.The project management now seeks more time and money to complete the work.The third amendment proposal of the project titled “Establishment of Sports Schools in Chattogra...
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