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Nearly US$3.15b drains from BD annually

Dhaka, April 16 -- Nearly US$3.15 billion flows out illicitly from Bangladesh annually through offshore accounts while the country smarts from dearth of foreign-exchange reserves for over a year now, ... Read More


Quarterly GDP growth shrinks to 3.78pc

Dhaka, April 15 -- A substantial industrial-output fall and dollar crunch slowed Bangladesh's economy with the gross domestic product (GDP) growth having nearly halved to 3.78 per cent in the second q... Read More


Padma rail link completion delayed by one year

Dhaka, April 6 -- The government has extended the completion timeframe for the 'fast-track' Padma Bridge Rail Link Project by one year to June 2025 from June this year, as the Bangladesh Railway is un... Read More


ADB budget funding worth $400m forthcoming

Dhaka, March 23 -- Another dollop of Asian Development Bank (ADB) loan worth US$400 million may be forthcoming as budget support to Bangladesh this fiscal year, at a time when the country faces forex ... Read More


Now big bridge to connect deep-sea port

Dhaka, March 22 -- Another major rail-cum-road bridge in Bangladesh will cross over the Karnaphuli River to connect tourist-city Cox's Bazar and Matarbari deep-sea port, officials said, which will est... Read More


25.5pc BD households borrow to buy daily food items: BBS

Dhaka, March 19 -- An estimated 25.5 per cent households in Bangladesh borrow money to buy daily food items as their income is insufficient enough to intake their daily meals, official data shows. To... Read More


Unimplemented projects block access to $46.5b in aid

Dhaka, March 15 -- When Bangladesh is struggling with its fast-depleting foreign-exchange reserves, a whopping $46.5 billion in foreign aid remains stuck in the pipeline thanks to project-execution fa... Read More


BD seeks over $300m loan from WB to fund three energy projects

Dhaka, March 2 -- Bangladesh has sought over US$300 million funds from the World Bank (WB) to improve the power and gas distribution and transmission networks of the country, officials said on Saturda... Read More


Annual foreign debt service surges 45pc

Dhaka, Feb. 26 -- Bangladesh's foreign-debt service has surged significantly to an annualised rate of 45 per cent over the last few months, much of it on account of high interest payments, officials s... Read More


Execution of fast-track projects trails tracks

Dhaka, Feb. 9 -- Execution of "fast-track" and megaprojects trails the tracks and implementers are surrendering much of available funds, allocated in the current budget, having missed timelines for wo... Read More