Bangladesh
Bangladesh
Now time to reform budget
Farhad Chowdhury : The new government has only been in place for a few months since the election. This is the best time to bring reforms in the budget. The country’s economy is going through various adversities and crises. In this situation, quality government expenditure management is essential to continue…
Read More »Gas-based power plants at high risk of gas shortage
Mahfuz Emran : Electricity generated with gas is the least expensive at Tk 6 per unit. On the other hand, oil-based power generation cost is more than Tk 15 per unit. But despite the capacity, it is not possible to produce electricity according to the demand due to gas shortage.…
Read More »Launch preparing for Eid passengers
Mahfuz Emran : Due to the effect of Padma Bridge, the number of passengers in the southern region has decreased. The passenger crisis has reached such a level that several launches have already been forced to shut down business. Sadarghat is no longer crowded throughout the year. There are no…
Read More »Fire loss increasing lack of supervision
Zarif Mahmud : From garment factories, godowns, factories, hospitals and slums to skyscrapers, nothing is spared from the flames. According to the information of the fire service, the construction of the building or structure is not being followed by the ‘Building Construction Rules’. Lack of proper supervision and unplanned urbanization…
Read More »Over 16 lakh families don’t have shelters
Mahfuja Mukul : More than 16 lakh families of the country do not have their own houses. That is, they do not have any residence anywhere in the country to live. They live in someone’s house with or without rent or otherwise. However, the number of such families in the…
Read More »Smooth passage to a developing country a challenge for BD
Says Dr Iftekhar Ahmed Chowdhury Special Correspondent: Former Foreign Adviser to the Caretaker government Dr Iftekhar Ahmed Chowdhury yesterday said that the immediate challenge for Bangladesh is for a smooth passage to a developing country status as it exists the list of LDSc.“This graduation can be both a boon and…
Read More »Stock market lost over Tk 100,000cr capital
Staff Correspondent: The country’s stock market is in a continuous decline. Investors are losing their invested capital every day due to falling prices. This price decline has been going on for more than two months. In the meantime, the stock market has lost more than Tk one lakh crore by…
Read More »Economic crisis maybe long lasting
Mahfuz Emran: In the context of the global economic situation, the negative impact of the ongoing crisis on the domestic macroeconomics is being prolonged. These include rising inflation, pressure on foreign exchange reserves and exchange rate volatility. Real interest rates on deposits have turned negative due to high inflation. which…
Read More »$100 billion Bangladesh Development Bond coming to market by 2025
Mahfuz Mahmud with Zarif Mahmud : The Global Economist Forum (GEF) with the support of multi-national investors including the Global Development Bank (GDB) has planned to launch US$100 billion Bangladesh Development Mega Bond by the year 2025 to help facilitate Bangladesh’s transition from the LDCs to an Upper Middle-Income Country.…
Read More »Dev work of 63 municipalities under IUGIP progress
Staff Correspondent: The project work aimed at enhancing infrastructure development and management efficiency of municipalities in different parts of the country is going on in full swing. Implemented by the Local Government Engineering Department (LGED), the “Improving Urban Governance and Infrastructure Project (IUGIP)” seeks to realize a planned, inclusive, and…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
