Deal signed on $515m WB loan for power sector

Bangladesh and the World Bank on Wednesday signed a $515 million financing agreement to help nine million people get access to reliable power supply while transitioning to clean energy. The agreement was signed by Economic Relations Division secretary Fatima Yasmin and Acting World Bank Country Director for Bangladesh and Bhutan, Dandan

JS passes Finance bill 2022, budget for FY23

The Jatiya Sangsad has passed the finance bill 2022 with a surprise late change to the proposal on repatriation of money laundered abroad. The opportunity in the proposed budget to bring back both movable and immovable assets has been cancelled through an amendment on the Finance Bill-2022 by the members of

WB okays $1.03b to improve regional trade

The World Bank on Wednesday approved $1.03 billion of financing to help improve regional trade in Bangladesh and Nepal by reducing trade and transport costs and transit time along the regional corridors. The Accelerating Transport and Trade Connectivity in Eastern South Asia (ACCESS) Program Phase 1 will help the respective governments

AL keen on EVM to manipulate polls: BNP

BNP senior leader Iqbal Hasan Mahmud Tuku on Wednesday said Awami League (AL) is keen on the use of Electronic Voting Machines (EVMs) in the next general election to implement its new manipulation plan. "We believed them (AL) once earlier and joined the election (under them). But they completed the day's

Minister Group signs deal with AKASH Digital TV

Minister MyOne Group has signed an agreement with Akash Digital TV (Beximco Communications Limited) at Minister Group’s head office in Gulshan, a press release said Wednesday. Md. Rafiqul Islam Liton, General Manager of the Business Development Department of Minister Group and Manoj Kumar Dobhal, Chief Operating Officer (COO) of Akash Digital

Union Bank opens sub-branch at Raozan

Union Bank Ltd. has inaugurated a sub-branch at the Gohira under Raozan in Chattogram. A. B. M. Fazle Karim Chowdhury, MP, Chairman of the Parliamentary Standing Committee of the Railways Ministry, inaugurated the sub-branch as chief guest. Additional Managing Director Md. Habibur Rahman presided over the program. General Secretary E.C