The government鈥檚 overall interest payments grew by 21 per cent in the 2023-24 financial year largely because of a 60-per cent rise in the external interest payment against foreign loans, mostly taken for financing megaprojects by...
Some of the power projects approved without tender by the Awami League regime ousted in August 2024 continue to receive excessive capacity charge, up to 73 per cent more than what they should get, according to a...
WATER disputes between nations frequently emerge from managing shared hydrological resources, mainly when an upstream riparian state exerts control over the source and implements large-scale infrastructural initiatives that may disrupt downstream flow dynamics. India鈥檚 extensive hydropower projects on the River Brahmaputra and...
THE decision of the Anti-Corruption Commission to carry out a further investigation in a case filed against seven people on charges of 鈥榗orruption conspiracy鈥� in hiring consultants for the Padma bridge project is welcome. The people alleged to have been involved in the 鈥榗orruption conspiracy鈥�, in the case that the commission filed...
The megaprojects implemented mostly with foreign loans by the now ousted Awami League regime have left the nation with concerns over the debt trap amid the questionable expected returns...
Human Rights Watch criticised the treatment of migrant workers on construction projects in Saudi Arabia Wednesday ahead of the expected confirmation of the kingdom鈥檚 hosting of the 2034 World Cup...
THE committee to investigate economic corruption under the deposed Awami League government in its report submitted to the interim government on December 1 termed the energy sector as a 鈥榗onduit of corruption鈥�. The findings of the committee confirm the observation of economists, energy experts, and anti-corruption watchdogs, who have all along urged the government to reform the energy sector and...
The Bangladesh Bridge Authority has planned to lease out a luxury guest house to international hotel management companies in a desperate bid to reduce the loss incurred from the operation of the newly built tunnel under the River Karnaphuli in Chattogram...
Two projects implemented by the ousted Awami League government are generating insignificant income for the Dhaka Water Supply and Sewerage Authority which is struggling to improve water quality and...
The country is set to observe National Road Safety Day tomorrow with its biggest ever road safety project likely to undergo significant cuts both in its cost and scope.聽
The projects involving Tk 148.95 crore that the government took up have failed to revive the silk sector in a decade.
Investors at a discussion expressed concern at the suspension of foreign-funded projects in the renewable energy sector and requested simplified project approval and tax incentives to...
Ministries and divisions have submitted proposals seeking revision of 33 projects, mostly for time extension, in the first two months of FY25, indicating slowing down of the trend seeking cost hike and time extension of projects...
The Bangladesh Nationalist Party has suspended its executive committee member Shaikh Rabiul Alam Robi following his alleged involvement in the murder of Tanjeel Jahan Islam Tamim in the Rampura Mahanagar Project area in the capital...
Summit LNG Terminal II Co Limited, a unit of the Summit Group, has urged the government to reverse its decision to terminate the third floating storage and regasification unit project in the country...
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....
Jahangirnagar University at a meeting on Sunday announced an increase in the financial allocation for individual research projects to encourage researchers to conduct quality research...
World Bank will provide $300 million to support the Bangladesh Clean Air Project, aiming to strengthen air quality management and reduce emissions from key sectors...
Two railway projects are likely to see budget cuts of around Tk 7,300 crore in a slimming-down attempt as officials view that earlier these projects were not 鈥榚xamined properly鈥�...
Foreign secretary Ambassador Md Jashim Uddin on Wednesday thanked Russian Ambassador to Bangladesh Alexander Vikentyevich Mantytskiy for Russian Federation鈥檚 ongoing support, particularly in the implementation of the Rooppur Nuclear Power Plant project...
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...
The deadline of the country鈥檚 first-ever bus rapid transit line project, undertaken nearly 12 years ago to connect Gazipur and Hazrat Shahjalal International Airport through a dedicated bus service over...
Finance, commerce and science and technology adviser Salehuddin Ahmed on Sunday criticised the recently ousted Awami League regime for following the 鈥業ndian syndrome of monument projects鈥�...
A writ petition was filed on Tuesday with the High Court, seeking a directive for the Anti-Corruption Commission to investigate allegations against deposed prime minister Sheikh Hasina, her family members, and her former defence and security adviser, Tarique Ahmed Siddique, over the alleged embezzlement of $5 billion from the Rooppur Nuclear Power Plant Project...
African leaders descend on China鈥檚 capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the continent...
The Chinese ambassador to Bangladesh, Yao Wen, on Tuesday assured that the projects funded by China in Bangladesh will continue as planned.
Ministries and divisions have submitted proposals for revision of 375 projects in the concluding FY24 despite repeated calls for timely implementation of projects to prevent time...
Bangladesh prime minister Sheikh Hasina on Sunday said she would like India to implement the Teesta project as it is related to the neighbouring country....
The Ishwardi upazila administration evicted several hundred illegal structures from the Ishwardi-Kushtia highway near the Rooppur Nuclear Power Project on Saturday...
A newly-built classroom under the 鈥楯apanese Language Classroom Improvement Project鈥� of the Institute of Modern Languages of University of Dhaka was inaugurated at the institute on Tuesday...