New DG of BIDS is Binayak Sen

Economist Binayak Sen became the new director general for the Bangladesh Institute of Development Studies (BIDS) on April 1st.

KOICA promised to provide multi-component cooperation to nurture the young potentials

The Korea International Cooperation Agency (KOICA) has organised a meeting virtually for the project entitled "Capacity Building of Universities in Bangladesh to...

WB sanctioned $250 mn fund to assist Bangladesh for pandemic recovery

The World Bank’s (WB) board of executive directors on 26th March (Friday) sanctioned a $250 million fund from its International Development Association...

ADB to assist Bangladesh to speed up project implementation

On 24th March (Wednesday), Bangladesh and Asian Development Bank (ADB) gave consent to short-term and medium-term roadmaps for FY 2021-22 to accelerate...

$200 million project green lit by the World Bank to support migrants & urban...

A $200 million (Tk 1,695 crore) project has been approved by the World Bank to help Bangladesh provide support and services to...

PM launched Bangladesh Infrastructure Development Fund to finance infrastructure projects

In order to finance different development projects from the country’s own fund, Prime Minister Sheikh Hasina inaugurated Bangladesh Infrastructure Development Fund (BIDF)...

Govt likely to appoint NGOs to inoculate marginal people

The government is considering appointing non-governmental organizations (NGOs) to inoculate disadvantaged people for Covid-19, according to a senior health official. In order...

$700m in concessional loans to be funded by South Korea

A concessional loan of US$700 million has recently been fixed to be offered by South Korea as support to Bangladesh as part...

Bangladesh’s food security to be ratified by WB grant worth $120 mn

The World Bank ratified $120 million to help Bangladesh improve food security by enhancing climate resilience and productivity of irrigated agriculture and...

ADP spending threshold up to 85pc without permission

The government has decided to spend more on the Annual Development Programme (ADP). Earlier, it had taken cost cutting measures.  

The UN report revealed each Bangladeshi wastes 65 kg food per year

As of 4th March (Thursday), a study, entitled "Food Waste Index Report 2021" by the UN revealed that a Bangladeshi wastes 65kg...

National Economic Council ratified Tk 1.98tn RADP for FY’21

On 2nd March (Tuesday), the National Economic Council (NEC) ratified Tk 1.98 trillion (197,643 crore) revised Annual Development Programme (RADP) for the...

Bangladesh likely to get elaborated support under IDA-19 package

Bangladesh eyes on extended assistance from the World Bank as it has planned to put on more funds in the $82-billion IDA-19...

WB report: lower-income countries cut down education budget in post-Covid situation

In a recent World Bank report, the current levels of required government spending to achieve the Sustainable Development Goals (SDGs) in low...

Only TK7 lakh cut from ADP budget despite cost minimizing moves

Annual Development Programme (ADP) is an organised list of projects in various sectors and allotments with a year implementing period out of...

Recent Article

Country’s imports from ACU nations increase by 23pc

Imports from the Asian Clearing Union (ACU) member countries increased by more than 23 per cent in the March-April period of this...

Bangladesh’s dry food export witnessed six times growth

Country’s export of the dry food items has made a significant six and half times growth, with a shipment of $243.47 million...

US apparel import from Bangladesh dropped by 8.55pc in Jan-March

Bangladesh’s apparel export to the United States dropped by 8.55 per cent in the third quarter (January-March) of FY2021 due to the...

Profit of the Kohinoor Chemical rise by 398pc in Q3

Kohinoor Chemical Company (Bangladesh) Limited, operating under the brand name of ‘Tiber’ posted a 398 per cent growth in earnings per share...

30% dividend approved by Delta Brac Housing for 2020

Delta Brac Housing Finance Corporation Limited’s (DBH) shareholders on May 6 unanimously approved a 30 per cent dividend, of which 15 per...

Dividends declared by MBL, AIBUL mutual funds

The two closed-end mutual funds, Mercantile Bank Ltd (MBL) 1st Mutual Fund and Al-Arafah Islami Bank Ltd (AIBL) 1st Islamic Mutual Fund’s...

United Power earnings doubled in Q3 after acquiring two power plant shares

In a filing with Dhaka Stock Exchange (DSE) on 4th May (Tuesday), United Power Generation and Distribution Company stated its earnings doubled...

Golden Harvest incurred loss in January-March period

In a filing with the Dhaka Stock Exchange (DSE) on 3rd May (Monday), the Golden Harvest Agro Industries posted that it lost...