Economy

Stalled MRT projects bag big Tk 126.49b funds to restart

Stalled MRT projects bag big Tk 126.49b funds to restart

Stalled mass rapid transit (MRT) projects receive a substantial sum of Tk 126.49 billion in ADP allocations for the upcoming fiscal year as the government vows to construct three Dhaka metro-rail lines after prolonged dilemmas, officials say. The long-stalled MRT-1 and MRT-5 (Northern) lines

Fuel price hike inevitable if dependent on imports: Minister

Fuel price hike inevitable if dependent on imports: Minister

Information and Broadcasting Minister Zahir Uddin Swapon says that due to Bangladesh’s import dependence on fuel oil, prices been increased to keep pace with the ongoing international crisis. “Populist decision-making is not the only job of the government, the job of the government is

BD import policy incompatible with new EU, US trade rules

BD import policy incompatible with new EU, US trade rules

Bangladesh's import policy in the making appears at odds with emerging trade requirements in the European Union and the United States as it proposes allowing apparel exporters to qualify for incentives with a minimum 30-percent local value addition. Industry leaders say the EU's proposed Gen

Padma, Jamuna crossings raked in Tk 90m in a day amid Eid rush

Padma, Jamuna crossings raked in Tk 90m in a day amid Eid rush

Bangladesh's two major river crossings, the bridges on the mighty Padma and Jamuna rivers, witnessed record-level vehicular movements on the same day ahead of Eid-ul-Azha, that saw them generate a combined toll revenue of nearly Tk 90 million, the Bangladesh Bridge Authority (BBA) said Thursday. A

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