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Lions International allocates 300 development, humanitarian projects

Dhaka, Jan. 24 -- Lions International has allocated over 300 development and humanitarian projects across Bangladesh, each valued at more than US$1.0 million, aimed at bolstering the country's socio-e... Read More


Bangladesh, India reaffirm depth of ties; stress people-centred cooperation

Dhaka, Jan. 24 -- Bangladesh and India used the occasion of the 77th anniversary of India's Republic Day to publicly reaffirm the depth of their bilateral relationship, highlighting shared history, 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


Affluent banks invest surplus liquidity in lower-interest state instrument

Dhaka, Jan. 24 -- A major cut in the interest rate on standing deposit facility (SDF) can hardly stop affluent banks from loading their surplus funds into the state-guaranteed deposit instrument despi... Read More


Political party reform more important than state reform: Experts

Dhaka, Jan. 24 -- Reforming political parties is more important than reforming the state itself if transparency, accountability and good governance are to be ensured in Bangladesh, according to expert... Read More


Gold prices hit new record high in Bangladesh within 12 hours of cut

Dhaka, Jan. 23 -- Gold prices in Bangladesh have surged again, just 12 hours after a brief reduction, setting a new all-time record in the domestic market. The price of the highest-quality 22-carat g... Read More


Feb 12 election to set standard for future polls, says CA Yunus

Dhaka, Jan. 23 -- Chief Advisor Muhammad Yunus says the Feb 12 general elections will set a benchmark for all future polls in Bangladesh. He made the remarks during a maiden courtesy call by newly ap... Read More


BR seeks extra Tk1.95b for land acquisition, two years more

Dhaka, Jan. 23 -- The Bangladesh Railway (BR) has sought an additional Tk1.95 billion for acquiring 3.347 acres of land for the Jamuna railway bridge construction projects, officials said on Tuesday. ... Read More


BB seeks authority to override law, waive banks' CRR penalties

Dhaka, Jan. 23 -- Bangladesh Bank moves to bolster its regulatory authority to waive, remit, or reduce penalties for banks' Cash Reserve Ratio (CRR) shortfalls in special circumstances as the central ... Read More


IPO lottery system returns to boost secondary market turnover

Dhaka, Jan. 23 -- The main reason for restoring the lottery system in primary share allocation is to boost turnover in the secondary market against the backdrop of a persistent investor exodus. The I... Read More