Bangladesh
Bangladesh
Half of BRTC buses busy with office duty
Loosing profitability Farhad Chowdhury: Bangladesh Road Transport Corporation (BRTC) has around 1600 buses in its fleet. About 1,000 of them are currently active. And the remaining 600 buses are lying in various depots, most of which are useless. Around 450 buses are being used on hire for transporting staff of…
Read More »Banglabandha Land Port changes northern township
Roving Correspondent: The northern township has changed around the Banglabandha land port of new look. The northern districts of the country including Panchagarh, Thakurgaon and Dinajpur have got a new look. The life of people here has changed. Increased business trade and employment. People from the north are going to…
Read More »Jewelery industry poses huge prospect
Need a gold bank * Annual gold demand in the country is 30 tons* 148 kg gold import legally in 3 years* 2583 kg of gold seized in 10 years* Luggage party providing most of demands Zarif Mahmud: Although there have been plans to make a gold policy in the…
Read More »Cotton dev project not completed on time
Duration and cost increasing Staff Correspondent: There is a slowdown in the expansion of cotton cultivation projects. The Planning Commission has repeatedly raised questions about project revisions and term extensions. Even after almost 5 years, the actual progress is 87 percent and the cumulative expenditure of the project till June…
Read More »Birth and death data missing from server
Inquiry report to HC Court Correspondent: An inquiry report into the ‘disappearance’ of a large number of data from the country’s Birth and Death Registration System (BDRIS) servers has been filed in the High Court.The report was submitted to the High Court bench consisting of Justice JBM Hassan and Justice…
Read More »EU threatens Bangladesh to stop duty-free benefits
Special Correspondent: The European Union (EU) has been providing GSP benefits on 97 percent of Bangladesh’s exports under the Everything But Arms Scheme. And according to sources, the EU has agreed to continue duty-free trade facilities until 2029. But the EU recently threatened Bangladesh to stop the facilities if the…
Read More »Revenue deficit stood Tk34,158 cr
Fiscal Year 2022-23 Mahfuz Emran: The ongoing global economic crisis continues to have a negative impact on revenue collection. The National Board of Revenue has a target of Tk 370 thousand crore in the fiscal year 2022-23. However, in the financial year (July-May), the revenue deficit is Tk 34,158 crores.…
Read More »Reserves increased by borrowing $ 507 m from World Bank
Mahfuja Mukul: In a span of two days, the foreign exchange reserves of Bangladesh Bank have increased to more than $30 billion. $507 million received from the World Bank as a budget loan support has been added to the foreign exchange reserves. As a result, it has increased to $3,360…
Read More »Bangladesh can benefit by joining BRICS
Staff Correspondent: According to an official of the foreign ministry, Bangladesh will apply to join the BRICS alliance, and the process to formally seek its membership is already underway. Earlier, Foreign Minister AK Abdul Momen said Bangladesh would welcome if BRICS formally invited it to join the grouping of five…
Read More »Fertilizer price increased by105pc in BD
Staff Correspondent: The cost of food, fuel, and fertilizer in some of the world’s most vulnerable communities has escalated due to the food and energy crisis, which is attributed to the Russia’s invasion of Ukraine, according to a new study conducted by the international humanitarian organization ActionAid.The cost of living…
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