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Tags : development


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Employment project launched for underprivileged youths

Educo Bangladesh, in partnership with ChildFund Korea and co-implementer Eco-Social Development Organisation, on Sunday launched an employment project for employment of underprivileged youths through technical education and vocational training....

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Inflation to rise to 10.1% in Bangladesh in FY 25: ADB

The Asian Development Bank, in its latest outlook, has projected that inflation in Bangladesh will rise to 10.1 per cent in the fiscal year 2024-25, a significant increase of 3.1 percentage points from its previous estimate made in April.

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ADB lowers Bangladesh's growth forecast to 5.1pc

The Asian Development Bank has slashed its economic growth forecast for Bangladesh to 5.1 per cent for the fiscal year 2024-25, citing political unrest, supply chain disruptions, and recent severe floods...

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Aligning foreign aid with national priorities

BANGLADESH has made notable progress in its development trajectory, characterised by significant accomplishments in areas such as poverty alleviation, education, healthcare and infrastructure development. These achievements stem from the collaborative efforts of various stakeholders, including the government, non-governmental organisations, and...

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Reviving publishing industry

THE printing and publishing industry despite its essential role in cultural preservation and economic development has for long been neglected. The sector, crucial for passing down history and knowledge to next generations, has remained in the shadows as other industries have progressed. Now is the time for the industry to be recognised...

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S Alam takes Tk 3,287cr in power capacity charge

The coal-based 1,224MW Banshkhali power station, owned by the controversial S Alam group, realised up to more than double the amount received by its peers in capacity charge payment in the 2023–24 financial year, revealed data obtained from the Bangladesh Power Development Board...

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IsDB to provide $4b to $5b to Bangladesh

The Islamic Development Bank is likely to come up with an overall support of around $4 billion to $5 billion to Bangladesh in various sectors for the next three years under its Member Country Partnership Strategy (MCPS) for 2024-26.

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ADB to disburse $900 million in next six months

The Asian Development Bank is likely to disburse around $900 million in the next six months as it expressed keen interest to cooperate with the interim government of Bangladesh...

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WB, ADB to lend $2.5b

The World Bank and the Asian Development Bank on Sunday pledged a combined loan of $2.5 billion to Bangladesh to support reforms in the country’s banking and...

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Ashik made BIDA executive chairman

Ashik Chowdhury has been appointed as the new executive chairman of the Bangladesh Investment Development Authority for a two-year term, with the status of a senior secretary.

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Jainul Bari new SBC chairman

The government appointed Mohammad Jainul Bari, the immediate past chairman of the Insurance Development and Regulatory Authority as the new chairman of the board of directors of Sadharan Bima Corporation...

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PDB says Adani dues inflated by 32pc

The Bangladesh Power Development Board estimated that it owed to the Indian Adani Power $547 million, about 32 per cent less than what was claimed by the company, a sister concern of the...

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Time, cost overruns in projects must first be investigated

BUS Rapid Transit Line 3 Project, taken up about 12 years ago to connect Gazipur to the Dhaka airport with a dedicated bus service on a 20.5-kilometre corridor, has become an example of irregularities and mismanagement of development projects. The project, once completed, is meant to carry close to half a million people every day. The estimated travel...

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P Chandra Shekara new DG of CIRDAP

The Centre on Integrated Rural Development for Asia and the Pacific (CIRDAP) now has a new director general P Chandra Shekara, an Indian national, replacing Cherdsak Virapat, Thai national, who has completed his four-year term (2020 -2024), says a press release.

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Aslam made IDRA’s new chairman

The government has appointed former senior secretary M Aslam Alam as the new chairman of the Insurance Development and Regulatory Authority.

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Aslam appointed IDRA chair

The interim government on Monday appointed former senior secretary M Aslam Alam as chairman of the Insurance Development and Regulatory Authority...

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A journey of professional development

TEACHERS and students need to take part in the professional development spectrum to remain updated with the current global trends of education, methodology, pedagogy, integrated content approaches and multiculturalism which are essential to ensure substantive and international standards of education in and around the classroom...

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BB makes EDF loans costlier

The Bangladesh Bank on Monday made loans in dollars from the Export Development Fund more expensive by tying the interest rate to the secured overnight financing rate (SOFR), which is significantly higher than the current rate for EDF loans...

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Demographic transition and its global impact

IN THE 21st century, demographic transition, not an esoteric fact any more, has become a critical issue for policymakers and economists worldwide. The process affects every aspect of society, from the labour market and economic growth to healthcare systems and social security to the extent that supranational organisations such as the World Bank...

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Algeria joins BRICS New Dev Bank

Algeria has been approved for membership in the BRICS New Development Bank, the country’s finance ministry has announced...

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BRDB holds 54th meeting

The Bangladesh Rural Development Board held the 54th meeting of its board of directors at the BRDB conference room at Karwan Bazar in Dhaka on Wednesday...

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ADB to assist Bangladesh in river environment related projects

Advisor for Environment, Forest, and Climate Change Syeda Rizwana Hasan on Tuesday said that Asian Development Bank will assist Bangladesh in implementing low-cost river cleaning projects including that of Buriganga, Turag, and Balu rivers...