- 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
- Robbery and molestation in bus: 3 arrested in Tangail
- Fakhrul urges democratic forces to build livable Bangladesh
- 'History will not forgive' failure to seal pandemic deal: WHO
Govt to ensure uninterrupted power supply in summer
The government has decided to take a series of measures to ensure uninterrupted supply of electricity across the country during the upcoming summer when demand for power goes up mounting pressure on overall power generation, reports BSS. The power sector has chalked out fuel-wise generation plan...
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...
No gains from BRICS bank even after three years
Bangladesh has not yet received any assistance three years after joining the BRICS bank. Bangladesh became a member of the New Development Bank (NDB), led by BRICS, in 2021. However, apart from Brazil, Russia, India, China, and South Africa, no other countries have received loan approvals from this...
DBA for disclosure of capital market frauds in last 15 years
DSE Brokers Association President Saiful Islam has emphasized on disclosure of frauds in capital market that has taken place during the Awami Leagues tenure. He on Thursday made the statement at a press conference on the current situation of capital market and future actions to curb its trading...
3 members of a robbery gang arrested
DB arrested three members of a robbery gang while they were preparing to commit a robbery in Mirpur area of the capital, reports UNB. The arrestees were identified as Md Nannu(41), Kazi Foysal(35), and Bashir Molla(44). Tipped off, a team of DB police conducted a drive in the Love Road area...
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...
Murder case against Hasina: Court seeks probe report by 8 Jan
A Dhaka court on Tuesday set 8 January 2025, as the deadline for police to submit the probe report in the case filed against former prime minister Sheikh Hasina and six others over the death of grocery shop owner Abu Sayeed in police firing in Dhakas Mohammadpur area on 19 July during mass...
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...
IEEFA: PDB could save US$1.2 billion annually with power sector reforms
The Power Development Board (PDB) could save Bangladesh Tk 138 billion (US$1.2 billion) in annual losses, currently covered by government subsidies, by implementing reforms in the countrys electricity sector, according to a new report from the Institute for Energy Economics and Financial Analysis...
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...