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Power div seeks extra fund in revised budget

Dhaka, Dec. 12 -- Additional budgetary allocations have been sought for public entities under different ministries to enable them to pay off electricity-bill arrears as they owe a hefty amount to the ... Read More


World Bank seeks faster government approvals for project effectiveness

Dhaka, Dec. 9 -- The World Bank (WB) has sought the government's cooperation for faster approvals to make a $350-million financing facility effective and operationalised. The facility aims to enhance... Read More


Government, AIIB in talks over $400m budget support credit

Dhaka, Dec. 6 -- The government is discussing with the Asian Infrastructure Investment Bank (AIIB) a $400 million fund in budget support credit to advance policy and institutional reforms, focusing on... Read More


A slew of 7,379 BD products getting free market access

Dhaka, Dec. 3 -- Bangladesh's maiden bilateral free-trade agreement is being signed this month with Japan that will accord 7,379 Bangladeshi products duty-free quota-free (DFQF) market access to world... Read More


EXIM Bank warns Payra power plant over delayed repayment

Dhaka, Dec. 1 -- China's EXIM Bank has warned the Bangladesh-China Power Company Ltd (BCPCL) that its failure to repay a US$129 million loan instalment due in early December could trigger a formal def... Read More


State insurer wants food directorate to resume coverage

Dhaka, Nov. 28 -- Sadharan Bima Corporation (SBC) has requested the food directorate to resume purchasing insurance coverage from the state-run insurer, in line with legal requirements that mandate go... Read More


Coverage of defence purchases by Sena Insurance opposed by public, private peers

Dhaka, Nov. 24 -- Stakeholders have strongly opposed a plea by Sena Kalyan Sangstha (SKS) to allow its concern, Sena Insurance, to underwrite insurance risks relating to defence purchases, terming the... Read More


New shipping hub to spur Bangladesh's export growth

Dhaka, Nov. 17 -- A new shipping hub in sight at the Laldia Container Terminal (LCT) will help debottleneck Bangladesh's export growth and lower import costs, resulting in a trade boost, says the glob... Read More


After IMF, JICA also opts to deal with political govt

Dhaka, Nov. 15 -- Japanese financier JICA follows IMF footprint as it also now tags consultation with Bangladesh's upcoming political government to budget bankrolling as the national elections are in ... Read More


Major solar power plant to replace coal-based one at Matarbari

Dhaka, Nov. 8 -- A major 430-megawatt grid-tied solar-power plant is being established at Matarbari in Cox's Bazar instead of planned coal-fired facilities at the seaside transport-economic hub. Offi... Read More