- Protesters extend 'Dark Indonesia' rally against Prabowo's policies
- Abu Sayeed dispels fear from hearts of Bengalese with life: Mahmudur Rahman
- Cook Islands announces deep sea minerals deal with China
- Bangladesh also walks out during Israeli speech at Global Ministerial Conference
- Early wicket loss against India an accident: Razzak
- Attempts being made to hijack revolution to come to power: Amir Khasru
- Zelensky 'not ready' to sign minerals deal with US: source
- BNP’s goal is to establish government of the people: Mintoo
- Hamas hands over 6 hostages to Red Cross
- England makes highest team total as Duckett hits 151 in Champions Trophy
- EC suspends six employees over NID fraud
- CEC wants to hold elections like the Eid festival
- None can survive by means of corruption: Shafiqur Rahman
- AP sues three Trump administration officials
- Environmental protection will shape our future: Rizwana
- Israeli forces kill two Palestinian teenagers
- Disney’s 'Snow White' live-action remake drops motion poster
- Vietnam govt approves $8.36B railway project to China
- Creatinine levels: the silent indicator of kidney health
- No load shedding during Ramadan, summer, says energy advisor
ADB, govt ink deal for Bangladesh’s first green data center
The Asian Development Bank (ADB), the Posts and Telecommunications Division (PTD), BTCL, and the Public-Private Partnership Authority (PPPA) signed a Memorandum of Understanding (MoU) on Monday to develop Bangladeshs first green data center under a public-private partnership (PPP) model. PPPA...
Foreign loan commitments decreased by 67%
The Sheikh Hasina-led government has borrowed money more for unnecessary projects than necessary ones over the past 15 and a half year, creating pressure on the interim government to repay. Since the interim government took the power, it started revising projects. Therefore, the money flow has...
Minimal progress, excessive hype
Despite widespread calls to recover money smuggled out of the country over the years, progress has been minimal. International organizations such as the World Bank, IMF, GFI, and ADB have publicly pledged support, but tangible results remain elusive. To date, the limited progress made has mainly...
Country under $43b pressure
The governments extensive foreign borrowing for large-scale projects has led to a significant financial burden. While these projects were intended to drive economic growth, the benefits have fallen short of expectations, with the financial liabilities far outweighing the returns. Notably, projects...
ADB to provide $ 600m policy based loan
The government has signed an agreement with Asian Development Bank (ADB) for Policy based Loan (PBL). Under the agreement ADB would provide JPY ninety-one billion seven hundred sixty-four million (equivalent to $600 million) to Bangladesh for Strengthening Economic Management and Governance...
ADB approves $600m loan for Bangladesh's economic reforms
The Asian Development Bank (ADB) has approved a $600 million loan for Bangladesh to support crucial economic reformations. The reforms aim to enhance tax collection, improve public investment efficiency, and strengthen the performance of state-owned enterprises. They also seek to foster...
ADB approves $100m more loan for infrastructure development
The Asian Development Bank (ADB) has approved a $100 million loan in additional financing to support critical infrastructure development through publicprivate partnerships (PPP) in Bangladesh, reports UNB. This project will enable Bangladesh to catalyse private sector financing, reduce pressure...
Four barriers to export disaster
Despite the potential for growth in sectors beyond ready-made garments (RMG), many industries remain underdeveloped. Analysts cite policy challenges, funding constraints, lack of infrastructure, and the weak bargaining power of non-garment exporters as key obstacles. As a result, ready-made...
ADB commits $24.3 million for solar power plant in Mymensingh
The Asian Development Bank (ADB) has signed a financing package worth $24.3 million with Muktagacha Solartech Energy Limited (MSEL) to establish a grid-connected solar photovoltaic power plant in Mymensingh. As the sole mandated lead arranger, the Manila-based financial institution took charge...