The Asian Development Bank (ADB) has sought the government's permission to issue bonds through mobile money to mobilise investment for Bangladesh's development, officials said on Saturday. The Manila-based lender plans to introduce the bond in local currency in the domestic market first and, upon

Bangladesh's budget execution in the outgoing fiscal year (FY) has gone slower than last fiscal's largely for government agencies' incapacity for implementing development works in time and financial crunch, analysts said. The government ministries and agencies spent an aggregate amount of Tk2.55 t

The Bangladesh Railway (BR) has failed to start any work on two projects in five years due to complex approval process by the lender of the Indian Line of Credit (LoC), insiders said on Saturday. Officials involved with the projects said the Indian approval authority, EXIM Bank, had taken some thr