Local govt elections should be held before nat'l polls: Asif Mahmud
Local govt elections should be held before nat'l polls: Asif Mahmud

Local Government, Rural Development and Cooperatives and Youth and Sports Adviser Asif Mahmud Sajib Bhuiyan thinks local government elections should be held before the national election. He, however, said the interim government will decide in this regard in consultation with the political...

Bangladesh seeks UN support to enhance technology transfer
Bangladesh seeks UN support to enhance technology transfer

Bangladeshs Permanent Representative to the United Nations (UN) Ambassador Salahuddin Noman Chowdhury has called for a reformed international financial system and enhanced technology support to address critical social development needs from the UN. Salahuddin made the remarks while speaking at...

Target billions of dollars
Target billions of dollars

Bangladesh Investment Development Authority (BIDA) announced the Bangladesh Investment Summit targeting billion-dollar foreign investment. This summit will be held in the second week of April next. The summit is being organized to attract foreign investors to invest in Bangladesh. Efforts are...

BDP gets EC registration, joins Bangladesh’s political arena
BDP gets EC registration, joins Bangladesh’s political arena

Bangladesh Development Party (BDP) led by Chairman Anwarul Islam Chan has been registered as a political party with the Election Commission (EC), reports UNB. The party received its registration certificate from EC Secretary Akhter Ahmed at the EC headquarters on Monday morning. Speaking to...

Only 42% progress after 3 years!
Only 42% progress after 3 years!

The Teesta Irrigation Expansion Project, launched in January 2022 with a budget of approximately 1,500 crore taka, was originally scheduled to finish by June 2024. However, after three years, only 42% of the work has been completed. Mahbubur Rahman, chief engineer of the Rangpur Water Development...

Turkish FM urges Iraq to join hinge fight against PKK, Daesh
Turkish FM urges Iraq to join hinge fight against PKK, Daesh

On Sunday, Turkish Foreign Minister Hakan Fidan visited Baghdad, where he met with senior Iraqi officials and called for a collaborative effort against the PKK and Daesh, both of which pose significant threats to both nations. Fidan, during his meeting with Iraqi Foreign Minister Fuad Hussein,...

US to continue support for Rohingyas: Press Wing
US to continue support for Rohingyas: Press Wing

Along with other countries worldwide, the United States Agency for International Development (USAID) has announced an immediate cessation or suspension of any work in Bangladesh. However, the US will continue to provide financial assistance to Myanmars Rohingya refugees in Bangladesh. Chief...

Research is vital for a country’s progress – DU VC Niaz Khan at UIU symposium
Research is vital for a country’s progress – DU VC Niaz Khan at UIU symposium

The importance of research in academic growth and national development was at the forefront of discussions at the 2nd Undergraduate Research Symposium (URS) 2024, organized by the School of Business and Economics (SoBE) at United International University (UIU). The award ceremony, held on Monday,...

Govt pushes for faster ADP implementation
Govt pushes for faster ADP implementation

The Planning Commission is sending letters to all ministries and divisions to complete their ongoing projects as quickly as possible to accelerate the Annual Development Programme (ADP) implementation rate, which is record low right now. Aiming to expedite the ongoing development projects, the...

FDC to brim with election excitement on Friday
FDC to brim with election excitement on Friday

The Film Development Corporation (FDC), known as the birthplace of the film industry, has seen a decrease in activity due to the decline in film production, leading to fewer filmmakers and artists visiting. However, during election periods for different organizations, FDC becomes quite vibrant....

ADB to provide $1b annually for Bangladesh's development
ADB to provide $1b annually for Bangladesh's development

Asian Development Bank (ADB) will provide US $1 billion to Bangladesh annually in concessional financing over the next five years. ADB Country Director Hoe Yun Jeong came up with the assurance when he met Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan at the Forest Department...

Projects are being affected as donors not disbursing funds
Projects are being affected as donors not disbursing funds

Foreign aid supply flow falls because of go slow policy of several Asian stakeholders. Funding disbursement from development partners have significantly decreased during a crucial moment, when Bangladesh needs dollars to increase its forex reserves. Officials informed that they see a slow pace...

40 receive certificates after completing training at Bashundhara Language and Skill Center
40 receive certificates after completing training at Bashundhara Language and Skill Center

40 participants received certificates after successfull competition of training at Bashundhara Language and Skill Development Center (BLSDC) in South Keraniganj of the capital. They received their certificates after undergoing 60 days of practical training under the Comprehensive Rural...

Bangladesh secures $1.16 billion WB financing for climate-resilient development
Bangladesh secures $1.16 billion WB financing for climate-resilient development

Bangladesh has secured $1.16 billion in World Bank financing to bolster its efforts in enhancing health services, improving water and sanitation infrastructure, and advancing green, climate-resilient development. The approval, announced by the World Banks Board of Executive Directors on Thursday...

ADB approves $100m more loan for infrastructure development
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...

Economic and income inequality a major concern at present: Dr Wahiduddin
Economic and income inequality a major concern at present: Dr Wahiduddin

Planning and Finance Adviser Dr Wahiduddin Mahmud said, Bangladesh is set to witness a political shift next year. At the opening session of the Annual Baltic Conference on Defence (ABCD) in Dhaka on Saturday, organized by the Bangladesh Institute of Development Studies (BIDS), he alluded to...

IEEFA: PDB could save US$1.2 billion annually with power sector reforms
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...

$14-24b ADP lost to political extortion, bribery during AL regime
$14-24b ADP lost to political extortion, bribery during AL regime

The White Paper on state of Economy of Bangladesh reveals dark secret of the development projects during Sheikh Hasina regime. According to the report, $14-24 billion (1.61-2.80 lakh crore BDT) of $60 billion invested in ADP and development projects has been lost to political extortion, bribery,...

ADB commits $24.3 million for solar power plant in Mymensingh
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...

Masato Kanda elected as ADB president
Masato Kanda elected as ADB president

The Asian Development Bank (ADB) Board of Governors has unanimously elected Masato Kanda as ADBs 11th President. Kanda, 59, currently serves as special advisor to Japans Prime Minister and Minister of Finance. He will assume office on 24 February 2025, succeeding Masatsugu Asakawa, who will...