World wide
World wide
Bank deposit decreasing due to economic crisis
Zarif Mahmud: The negative impact of prolonged economic recession has started to fall on the banking sector. Overall, the growth rate of deposit flow in banks is decreasing. This rate is decreasing in cities as well as in villages. However, the growth rate of deposits has decreased more in villages…
Read More »You set an example of empathy for world
Biden writes to Hasina Diplomatic Correspondent: US President Joe Biden has said his country made a commitment to finding long-term solutions to the Rohingya refugee crisis and holding perpetrators of the atrocities accountable.“You set an example for the world of empathy and generosity in practice,” the US President wrote in…
Read More »BD-Middle East shipping service launched
Industry Desk: The CMA CGM Group, a global player in sea, land and air logistics solutions, on Monday announced the launch of the first shipping service Bangladesh India Gulf Express (BIGEX).The service will debut as the fastest direct shipping service that connects Bangladesh to Jebel Ali and Abu Dhabi in…
Read More »West Bengal to dig two more canals in Teesta
Indian farmers to be benefited butBD farmers to face big troubles Special Correspondent: The West Bengal Irrigation Department of India is about to start digging two more canals under the Teesta Barrage Project. The West Bengal government has acquired about 1,000 acres of land for this purpose.The move will help…
Read More »BD women enjoy half legal rights that men do: WB
Industry Desk: Bangladeshi women are on an equal standing with men in about half of the cases, according to the World Bank’s “Women, Business and the Law 2023” report, which measures explicit discrimination in different areas.The World Bank’s latest report published on Thursday has shed light on women’s economic participation…
Read More »Multilateralism, food energy, fertilizer coop to focus on G20 meet
Industry Desk: The Foreign Ministers of G20 countries will discuss various issues like multilateralism, food, energy and fertilizer cooperation, emerging threats, counter terrorism and narcotics during their today’s meeting.Although the two-day G20 Foreign Ministers Meeting is going to begin today following a gala dinner, the main discussion part will be…
Read More »Tk227,566cr revised ADP allocation okayed
Staff Correspondent: The National Economic Council (NEC) has approved Tk227,566 crore revised Annual Development Programme (ADP) for the current fiscal year, downsizing the original ADP size by 7.51%.The revised ADP is slated to implement a total of 1,627 projects with the allocation, which earlier was Tk246,066 crore.The approval came today…
Read More »Second installment of WB budget support uncertain
Conditions have not met up Bangladesh has asked the World Bank for a total of $125 million or about Tk 13,000 crore of budget assistance to deal with the crisis caused by the Ukraine-Russia war. This includes a new $ 100 crore or about Tk 10,400 crore. Zarif Mahmud: The…
Read More »ADP allocation decreasing in power-fuel, edn, health and transport sector
Revised ADP to be approved today Ibrahim Khalil Jewel: The Annual Development Programme (ADP) budget for the current fiscal year 2022-23 is witnessing a record low allocation. For this financial year, ADP allocation was Tk 2 lakh 46 thousand crore. In the revised ADP, the allocation of Tk 18,500 crore…
Read More »Govt hajj package: Pilgrims to pay Tk 2.21 lakh more this year
Bangladesh pilgrims will have to spend a minimum of Tk 6.83 lakh to perform hajj under government management this year– around 2.21 lakh more than the previous year. Meanwhile pilgrims under private hajj management will have to spend a minimum Tk 6.57 lakh, around Tk 2 lakh more than 2022. Apart from…
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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 …
