A Japanese company has withdrawn from the bidding for one of the most controversial contract packages (CP) on MRT Line-1 despite being the lowest bidder, citing prolonged delays in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
The government has included 1,270 new projects in the Annual Development Programme (ADP) for the upcoming 2026-27 fiscal year budget, State Minister for Planning Zonayed Saki said Saturday. Speaking at a seminar titled 'Budget 2026-27 in Times of Crisis' organised at CIRDAP, Saki said of the 1,333
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
