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Tk 4,402 cr automatic border control system remains idle for 2-year
Mahfuz Emran: Over Tk 4,402 crores are being spent to create e-passport with the latest advanced technology and to introduce automatic border control management for Bangladeshi citizens staying in the country and abroad in line with the outside world. It has also increased by Tk 830 crore. But the whole…
Read More »Reserve lowered $ 1 m in 7-day
Staff Correspondent: Bangladesh has been suffering from dollar crisis for about a year and a half. The situation is getting more complicated day by day. The central bank is selling dollars every day in the market to deal with the crisis. As a result, the country’s foreign exchange savings or…
Read More »Police smell conspiracy behind workers’ unrest
Gazipur Correspondent: Deputy Inspector General (DIG) of Industrial Police Md Zakir Hossain Khan on Saturday said they smell a rat behind the unrest in the readymade garment (RMG) industry in Gazipur.“The government has already announced wages and our notion is that a group is instigating them (RMG workers) to do…
Read More »No Bangladeshi varsity in list of top 100 in Asia
Industry Desk: There is no university in Bangladesh in the list of top 100 universities in Asian University Ranking 2024 by Quack Quarelli Symonds (QS), a UK-based education and research organization. The position of Dhaka University is 140th in this list.Apart from Dhaka University, Bangladesh University of Engineering (BUET) and…
Read More »Mathews out by strange rule, first time in cricket history
Timed out Sports Correspondent: Shakib Al Hasan was bowling the 25th over of the innings. Sri Lankan batsman Sadira Samarawickrama was dismissed on the second ball of his over. The Lankan batsman went back to 41 runs with a catch by Mahmudullah Riyad.Then the Lankan middle order and experienced cricketer…
Read More »Pvt sector credit growth lowest in 23 months
Zarif Mahmud: The credit growth in the private sector has been steadily declining. Businessmen are not going for new investments due to ongoing political unrest. Again, due to the dollar crisis, they are not able to open LCs as per demand. Besides, there is a liquidity crisis in the banking…
Read More »Water-sanitation cost per family Tk 11,574
Staff Correspondent: The expenditure on water-sanitation per household (family) is Tk 11,574, which is 4.3 percent of the household’s annual income. This information was announced at the publication ceremony of Bangladesh National Wash Accounts 2023 at Bangabandhu International Conference Center in the city on Sunday (October 29).Minister of Planning MA…
Read More »Chittagong to beinvestment hub
Industry Desk: The first road and tunnel under the river in South Asia ‘Bangabandhu Sheikh Mujibur Rahman Tunnel’. Businessmen see the construction of this road as a very timely initiative to connect the communication system on both sides of Karnaphuli river. They think that if all the strategic issues are…
Read More »Bangladesh never able to implement 100pc budget
86 pc implementation in FY 2023 Mahfuz Emran: Bangladesh never been able to implement 100 percent of the proposed budget. Even last fiscal year highest 86 percent budget has been implemented.In continuation of the past, it was not possible to implement the revised budget in the last financial year as…
Read More »Increase investment to tackle challenge: IMF
Staff Correspondent: Keeping in mind the economic challenges of the next 50 years, the International Monetary Fund (IMF) has suggested increasing investment in two sectors. One of these is the strong fundamentals of the economy i.e. deflation, safeguarding financial stability and transformational reforms.The other is to increase funding for development…
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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 …
