A long-dormant major project for building Padma Barrage, under consideration for over six decades amid debates over feasibility, financing and policy, is now set to be placed before the new government's highest economic policy-making body shortly. Officials say the project is expected to bri
Bangladesh's state-run Petrobangla has sought an additional US$350-million loan guarantee from the World Bank to augment LNG imports amid escalating Middle East tensions and soaring global fuel prices. "We have requested the Economic Relations Division (ERD) to expedite the funding to facilitate t
As the war in the Middle East prolongs, affecting Bangladesh's already weakened economic base, a number of development partners have come up with proposals to provide higher volumes of budget support credit to help offset the impacts of the conflict. Finance Division officials say there is no sign
A court has issued an arrest warrant against Yussuf Abdullah Harun, former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), in a case over an alleged stock market scam. Chattogram’s Metropolitan Magistrate Md Abu Bakar Siddik issued the order on Monday, ac
Top executives of public-sector banks have suggested posting the loan defaulters' list on the central bank's website and prohibiting them from buying personal property like houses as preventive action, sources said. These are among some unsparing actions they spelt out at a meet Monday as pa
