Diplomatic
Diplomatic
Bangladesh got 75 decimal land in Dhamoirhat border
Naogaon Correspondent: After nearly 50 years of dispute, the Bangladesh government has obtained ownership of 75 centuries of land in the Agradigun border of Dhamoirhat upazila in Naogaon. To mark this occasion, a flag meeting was held between the Border Guard Bangladesh (BGB) and the Indian Border Guard Force (BSF)…
Read More »Bangladeshis among 440 migrants rescued from Mediterranean Sea
Industry Desk: A total of 440 migrants, including Bangladeshis, have been rescued from an overcrowded fishing boat in international waters off Malta, after a complex 11-hour operation in stormy seas, the Doctors Without Borders (MSF) charity said yesterday.MSF said its Geo Barents vessel struggled with the overnight rescue due to…
Read More »Probe body formedin Bangabazar fire
Staff Correspondent: A five-member investigation committee has been formed to find out the cause of the terrible fire in the capital’s Bangabazar.Fire Service Director General Brigadier General Md. Main Uddin told reporters at its head office yesterday afternoon.Brigadier General Md. Main Uddin said, the fire came under control around 12:30…
Read More »Foreign debt servicing cost to go up in next3 fiscals: ERD projects
Industry Desk: Additional budgetary allocations will be required in the coming fiscal years to pay the interest on foreign loans taken for various mega projects including the Rooppur nuclear power plant, Mass Rapid Transit and Matarbari, the Economic Relations Department (ERD) has projected.Bangladesh’s foreign debt servicing cost will go up…
Read More »India monitors Chinese oil search in Bangladesh
Conducting surveillance in Bay of Bengal Special Correspondent: Chinese exploration vessel ‘Hai Yang Shi Yu 760’ is searching for oil and gas in the Exclusive Economic Zone (EEZ) of Bangladesh. The Indian Navy has said that it is closely monitoring the movement of the Chinese ship in the Bay of…
Read More »Implement Teesta Project to save people from disasters: IFC
Industry Desk: The International Farakka Committee (IFC) has welcomed the government of Bangladesh for sending a note verbale to New Delhi seeking to know about their plan to construct two new canals to divert water of the Teesta River.Simultaneously the government should implement the Teesta Master Plan because efforts for…
Read More »Bangladesh set to take Chinese loan on hard conditions
Staff Correspondent: Bangladesh is set to take Chinese loan of over 500 million US dollars on hard conditions to implement two projects.Money would be spent for establishing a water treatment plant under Rajshahi WASA and purchasing ships for the shipping ministry.The loan negotiation for the water treatment plant for Rajshahi…
Read More »Reserve to drop at $24 b
IMF system calculation to start in June Mahfuja Mukul: According to the International Monetary Fund (IMF) conditions, Bangladesh Bank is going to implement the BPM6 method for calculating foreign currency accumulation from next June. The central bank will officially announce the monetary policy for the second half of the year…
Read More »Tk 41,800 cr needed for Bhanga-Kuakata raillink project
Govt wants loan from ADB-China Mahfuja Mukul: A 369.40 km long single line railway will be constructed from Bhanga Junction in Faridpur to Kuakata in Patuakhali via Barisal. The proposed cost for the construction of this railway has been estimated at Tk 41,798 crore.An estimate of such cost and length…
Read More »Depreciation adds Tk60,000cr payment burden for foreign loan
Industry Desk: The once cheaper foreign loan has now turned into a burden for private sector borrowers as they will have to pay an additional Tk60,000 crore against the total foreign currency loan of $24.3 billion thanks to taka devaluation.Back in 2021, when the greenback rate stood at Tk84.8, private…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
