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METRO RAIL'S MRT-2 LINE: Project moves with WB aid for feasibility study

Dhaka, Aug. 8 -- Dhaka metro rail's MRT-2 project is set to move as the World Bank offers approximately US$2.5 million in technical grants for its feasibility study. Officials say it happens to be WB... Read More


BD gets no fresh aid pledges from its 3 bilateral donors for two fiscals

Dhaka, Aug. 2 -- Bangladesh has not received any fresh commitments of aid from its three important bilateral development partners, including China and India, for the last two consecutive fiscal years,... Read More


PPA proposes Tk 4.9b staff accommodation project

Dhaka, July 26 -- The Payra Port Authority (PPA) wants to excavate ponds and build water reservoirs by filling up a deep land adjacent to the port area to facilitate accommodation for its employees by... Read More


Dev spending hits rock-bottom low at Tk 1.53t

Dhaka, July 23 -- Development spending in Bangladesh hit rock bottom in the past fiscal year as agencies under the post-uprising government trailed far behind even the pared-down Tk 2.26-trillion Annu... Read More


Indian LoC Funding Hurdles: Over 16 projects worth $3.0b being axed shortly

Dhaka, July 19 -- At least 16 development projects worth some US$3.0 billion under an Indian credit scheme for Bangladesh are being discarded shortly due to funding hurdles on the lender's part, offic... Read More


Foreign consultants being hired, port smarts from viability problems

Dhaka, July 12 -- A move gets underway to hire local and foreign consultants for Tk 274.20 million for operating systems automation of Pyra seaport, while the port struggles for viability, sources sai... Read More


Breakthroughs beckon as 60 cases settled, corporates queueing up

Dhaka, July 5 -- Breakthroughs beckon in a current crash course in cleansing piles of non-performing loans as the government-formed loan -recovery committee has settled at least 60 cases worth more th... Read More


Exports of jute and jute goods keep falling

Dhaka, July 4 -- Bangladesh's jute and jute goods sector has become pale as year-on-year exports have slipped from the billion-dollar club even after huge government investments for sectoral developme... Read More


Rising debt signals warning for Bangladesh's economy

Dhaka, June 28 -- Bangladesh's rising public debt is raising red flags among economists and policymakers, as the debt-to-GDP ratio has climbed nearly 11 percentage points over the past decade, reachin... Read More


Govt declines PDB's Tk 566b loan-to-subsidy proposal

Dhaka, June 21 -- The finance ministry has turned down a proposal from the Power Division under the Ministry of Power, Energy and Mineral Resources to convert the Bangladesh Power Development Board's ... Read More