A Japanese company has withdrawn from the bidding for one of the most controversial contract packages (CP) on MRT Line-1 despite being the lowest bidder, citing prolonged delays in implementing Bangladesh's first underground metro-rail project. Sources say Kajima Corporation, whose bid was based o
Bangladesh is expected to learn by September whether it will get additional time before graduating from Least- Developed Country (LDC) status, with United Nations bodies currently reviewing its request for a deferral amid economic challenges and ongoing reform efforts. The United Nations General A
Economists have suggested continuing the tight monetary-policy stance as the latest power tariff and petroleum product price hikes could heighten inflationary pressure further. They say although the existing monetary-policy steps are contractionary in nature, the policy is not tight enough to cont
Bonded-warehouse facilities will be extended to all exporters and all export-product raw-material imports to be duty-free under sweeping economic reforms being introduced in the new budget. Finance and Planning Minister Amir Khosru Mahmud Chowdhury Wednesday divulged the decisions, saying that the
Transparency International Bangladesh (TIB) has expressed strong concern over reports that the government is “actively considering” allowing undisclosed wealth to be legalised in the proposed 2026-27 budget through what it described as an unconditional amnesty that would prevent authori
