WB approves $650m to help Bangladesh develop Bay Terminal

The World Bank's Board of Executive Directors on Friday approved $650 million to help Bangladesh invest in infrastructure critical for developing the Bay Terminal deep seaport. The Bay Terminal, located in the Anandangar/Sandwip channel, west of the Chittagong port and close to existing road and rail links to Dhaka, is expected

Israel approves terms of deal with Hamas

Israel has given its consent to general provisions of a deal with Palestine's Hamas movement, drafted during the recent negotiations in Paris, Qatari Foreign Ministry's spokesperson Majed al-Ansari said. "The meeting in Paris succeeded in consolidating their proposals on the table into one proposal. That proposal has been approved by the

IBBL approves 10pc cash dividend

Islami Bank Bangladesh Limited (IBBL) approved 10 percent cash dividend for the shareholders at its 40th Annual General Meeting of the Bank for the year ended 31 December 2022, was held on 22 June 2023, a press release said on Thursday. Dr. Tanveer Ahmad, Vice Chairman of the Bank presided over

Cabinet approves national budget for FY2022-23

The Cabinet at a special meeting on Thursday approved the proposed national budget for the fiscal year 2022-23. Prime Minister Sheikh Hasina presided over the meeting held at the cabinet room of the Jatiya Sangsad Bhaban. Finance Minister AHM Mustafa Kamal and other Cabinet ministers and state ministers concerned attended the meeting. The