Staff Correspondent: The balance order of deposits and loans, which should be there, has broken down in 17 banks. Aggressive loans have been given by these conventional and Shariah-based banks. It has violated the limits set…

Why energy prices rising

Aaqib Md Shatil: With the Bangladesh government raising the electricity tariff for a third time in two months, and Nasrul Hamid, the country’s energy minister, making it clear to the media that the government will be…

Bangladesh is close to everyone: PM

Staff Correspondent: Prime Minister Sheikh Hasina yesterday said Bangladesh is close to everyone, not only to any particular country.“We’re close to everybody – China, USA or India. Those who support our development, we’re with them,” she…

Imported goods 59 pc costlier before Ramadan

Zarif Mahmud: Bangladesh Trade and Tariff Commission, a government agency, said that due to the increase in the value of the dollar, the price of imported goods will be about 30 percent higher this year. However,…

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…

Padma Bridge cost to increase by Tk 2682 cr

Mahfuz Emran: The cost of the Padma multi-purpose bridge project is increasing, along with the time once again. The bridge department has sent a proposal for time and cost increase to the Planning Commission. This information…

Oil price 15-month low in global market, highest in BD

Special Correspondent: Unrest in the banking sector around the world and a possible rise in US interest rates have raised fears of a global recession. As a result, the demand for fuel is also expected to…

Govt wants 5,000 mt coal per day from Barapukuria mine

Zarif Mahmud: The government wants to pass the production of Dinajpur’s Barapakuria coal mine to 5,000 metric tons (mt) per day. Sources in the Energy Department said that instructions have been given to the mine authorities…

Women workers declining in BD RMG industry

Industry Desk: Almost 20% of Bangladesh’s GDP comes from the textile industry. The Bangladesh economy is largely supported by the textile sector, which is essential for changing the gender dynamic in the nation and empowering women…

Ensure stability for smoothing developed Bangladesh journey

PM asks to RAB Staff Correspondent: Prime Minister Sheikh Hasina yesterday asked the Rapid Action Battalion (RAB) to play an effective role in maintaining peace, security and stability to smoothen Bangladesh’s journey towards a developed and…

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…