Bangladesh's total interest payment on loans for the next two fiscal years is set to reach Tk 2,537 billion, as stated in the government's 'Medium Term Macroeconomic Policy Statement for 2023-24 to 2025-26'. The breakdown reveals Tk 1,154 billion slated for the 2024-25 fiscal year and Tk 1,383 billion for
Author: Times Report
I M A MAD
NEC approves Tk 265,000cr ADP for FY2025
The National Economic Council (NEC) on Thursday approved the Annual Development Programme (ADP) for the fiscal year of 2024-2025 with an outlay of Tk 265,000 crores. The transport and communication sector got the highest allocation of Tk 70, 687.75 crore (26. 67pc of allocation) in the ADP. Besides, the NEC approved some
BB tweaking with forex reserve figures
Amidst a backdrop of fluctuating foreign exchange reserves, Bangladesh Bank has been employing varied methodologies to calculate the nation's reserves, unveiling differing figures. Traders and consumers alike have responded to these variations with increased apprehension, leading to price surges across various commodities. Alam, a 50-year-old electrician originally from Bhola, now working in
NEC approves Tk 2.65 lakh crore ADP for FY25
The National Economic Council (NEC) today approved a Taka 2.65 lakh crore Annual Development Programme (ADP) for the next fiscal year (FY25), putting the highest allocation of Taka 70,687.75 crore (26.67%) in the transport and communication sector. The approval came from the meeting of the National Economic Council (NEC) today with its
Department of MIB of NSU hosts seminar on e-learning
Department of Marketing and International Business (MIB) at North South University (NSU) hosted a seminar on "E-Learning and Smart Education" on May 12. Professor Badrul Khan, a world-renowned speaker, author, and educator, presented his keynote speech. Professor Helal Ahammad, Dean of the School of Business and Economics graced the occasion as
Ispahani Mirzapore Banglabid starts
The sixth season of the nation's premier TV reality show, 'Ispahani Mirzapore Banglabid', kicked off with the aim of inspiring the younger generation to embrace bangla language and culture. Branded with the motto "Banglai Jagi Bhorpur," this initiative by the renowned tea brand 'Ispahani Mirzapore' has been promoting bangla traditions since
New gas-fired power plants add to electricity burden
Despite a gas-supply crunch idling two dozen power plants, two private LNG-run power plants went into commercial production recently, while sources say that at least two more will follow suit in the coming months. The two power plants will now be receiving capacity payments from the government -- also known as
BGMEA holds meeting with Customs House
A delegation from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), headed by President S. M. Mannan (Kochi), held a meeting with Mohammad Fyzur Rahman, Commissioner of Custom House, Chattogram, to discuss crucial concerns regarding customs procedures impacting the readymade garments (RMG) sector. The meeting, held on May 15, aimed to
Xiaomi hosts distributors’ meet
Xiaomi Bangladesh recently organized a Distributors’ Meet titled Compass Bangladesh at a five-star hotel in Cox’s Bazar. The event, themed "Voyage to Victory," showcased Xiaomi’s commitment to accelerating success in Bangladesh through collaboration and partnership. The three-day event was filled with interactive sessions, insightful presentations, and valuable networking opportunities, providing
Southeast Bank distributes CSR fund
Southeast Bank PLC. distributed Special CSR Fund among farmers for cultivation and purchasing agri-based machinery. In presence of Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank handed over financial assistance to grass roots farmers of the country at the Bank's head office. Md. Masum Uddin Khan and Abidur Rahman