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Islamic Development Bank agrees to lend $1.0b

Dhaka, March 14 -- An Islamic Development Bank (IsDB) mission has assured Bangladesh of providing US$1.0 billion in loan for setting up a 3.0-million-tonne-capacity oil refinery, officials say and hop... Read More


ADB urges govt to make quick decision on stalled BRT project

Dhaka, March 12 -- The Asian Development Bank (ADB) has urged Bangladesh's newly elected government to make a swift decision on the long-delayed Airport-Gazipur Bus Rapid Transit (BRT) project, which ... Read More


Govt, JICA meet to break MRT-1 deadlock

Dhaka, March 8 -- The government is set to hold a crucial meeting with Japanese development partner to try to resolve a long-running dispute that has stalled work on Bangladesh's first underground met... Read More


Govt seeks $250m worth loan guarantee from WB for LNG import

Dhaka, March 7 -- As the Mideast crisis stokes concern about fuel security, Bangladesh's state-run energy corporation Petrobangla has requested an additional US$250-million loan guarantee from the Wor... Read More


Khosru asks PC to align dev projects with BNP manifesto goals

Dhaka, Feb. 24 -- Finance and Planning Minister Amir Khosru Mahmud Chowdhury has directed the Planning Commission (PC) to review all ongoing development projects to assess their relevance to the BNP's... Read More


FY26 Jul-Jan ADP execution 5-year low

Dhaka, Feb. 17 -- Bangladesh's Annual Development Programme (ADP) implementation is still on a weak trajectory as the implementing agencies have failed to revamp the usual execution of development pro... Read More


ADB may provide $300m in 2nd tranche for delayed Dhaka-Sylhet highway

Dhaka, Feb. 7 -- The Asian Development Bank (ADB) is likely to provide the second-tranche loan worth US$300 million for the long-delayed Dhaka-Sylhet Highway construction project, which has been strug... Read More


Govt moves to clean rivers and canals surrounding Dhaka

Dhaka, Feb. 1 -- The interim government has taken up an initiative to clean rivers and canals surrounding Dhaka city as the World Bank (WB) is expected to provide US$370 million worth of fund shortly,... Read More


Bangladesh misses out on global poultry trade

Dhaka, Jan. 28 -- Despite building one of the country's largest agro-based industries in terms of investment and employment, Bangladesh has failed to secure a meaningful share of the global poultry-ex... Read More


Cash-Based Social Safety Net Progs: Monthly allowances likely to go up

Dhaka, Jan. 24 -- The interim government is likely to enhance allowances for distressed people from the next fiscal year as the cabinet committee concerned will sit tomorrow to finalise the decision, ... Read More