In the first five months of the fiscal year 2022–23, Bangladesh's trade deficit decreased by six percent year on year to $11.79 billion -- a development that is likely to relieve pressure on the country's foreign exchange reserves.
Chinese Ambassador to Bangladesh Li Jiming has said Bangladesh should never worry about bad debt or the so-called debt trap.
The government has to spend more than 40,000 crore to bring Payra Sea Port in Patuakhali and Barishal under the rail network, a study says.
The World Bank has approved $600 million for two projects in Bangladesh to help over 1.75 million poor and vulnerable people.
The Anti-Corruption Commission has formed a three-member committee for an enquiry into the illegal wealth of Hefajat-e-Islam leaders.
Amid the risks of a delayed Rohingya repatriation over coronavirus and unrest in Myanmar, donors yesterday pledged $340m for the Rohingyas and host community in Cox’s Bazar for 2021.
Amid the general economic gloom caused by the Covid-19 pandemic, Bangladesh’s per capita gross national income jumped by more than 9 percent to $2,227 in the current fiscal year from $2,024 in 2019-20.
The road, transport and bridges ministry has stepped back from its decision to start collecting toll from vehicles using the Dhaka-Mawa-Bhanga Expressway from July this year, as structures required for it are yet to be readied.
The Cabinet Committee on Government Purchase yesterday approved five proposals for procuring services involving Tk 1604.76 crore.
Migrant worker Nazim Uddin returned home from Saudi Arabia in May last year amid the Covid-19 pandemic. His residence permit expired after a few months, meaning he could not return to the Gulf country.
Bangladesh would seek strong US role in mobilising climate fund as pledged by developed countries for mitigation and adaptation as US Special Presidential Envoy for Climate Change John Kerry arrives in Dhaka today.
Family members of freedom fighters martyred in the Liberation War and those freedom fighters who were wounded in 1971 and received gallantry awards will get festival and Victory Day allowances.
The government has increased the allocation for its Money for Work and Test Relief (TR) programmes by 81.25 percent for the current fiscal year to revitalise a pandemic-hit rural economy and provide money to people through development of rural infrastructure.
A number of renowned economists and industrialists have urged the government not to give the scope for whitening black money in the next fiscal year.
World Bank President Jim Yong Kim pledges USD $2 billion over the next three years in new funding to help the country become less vulnerable to climate change.
China has agreed to provide $280 million to Bangladesh for implementing the Dasherkandi Sewage Treatment Plant project, aimed at protecting the nearby Hatirjheel project.
Bangladesh signs a US$100 million financing agreement with the World Bank to improve the standard of education and management in the colleges affiliated with the National University.
Bangladesh Bank is a step closer to recovering a portion of the US$81 million fund stolen by hackers from its account with the Federal Reserve Bank of New York, reports The Philippine Star.
