All Finance

Underpass U-loop to be constructed on Dhaka-Chittagong highway

Power generation has increased to 13,793 MW under Sheikh Hasina's leadership

Containers from Chittagong port being moved to ICD to resolve congestion

Lockdown: Record 587 arrests, fine of Tk 14 lakh made in Dhaka on Sunday

Public Administration Minister calls for formation of Covid-19 Prevention Committee in each neighbourhood

ECNEC approves 10 projects at a cost of Tk 6,651 crore

Dhaka, June 8: At the meeting of the Executive Committee of the National Economic Council (ECNEC), 10 projects have been approved at a cost of around Tk 6,651.34 crore. Of this, the government will provide Tk 5,219.81 crore, the agency's own financing will be Tk 798.03 crore and foreign debt will be Tk 637.50 crore.

Tk 13,987 crore supplementary budget passed

Dhaka, June 7: A supplementary budget of Tk 13,987.27 crore has been passed in the parliament for the current fiscal year 2020-21. On Monday (June 7), Finance Minister AHM Mustafa Kamal introduced the 'Specification (Supplementary) Bill-2021'. The bill was later passed by voice vote.

Indian traders to halt export of goods to Hili from Wednesday

Dhaka, June 7: Indian traders have announced a halt to imports and exports through the Hakimpur Hili land port in Dinajpur from Wednesday (June 9). The information was confirmed through a letter signed by Dhiraj Adhikari, general secretary of the Hili Exporters and Customs Clearing Agents Association, an Indian business organisation, on Sunday (June 6).

130 tons of explosives imported from India

Dhaka, June 7: About 130 metric tonnes of explosives worth about Tk 1.5 crore have been imported from India through Benapole port. On Sunday (June 6) afternoon, the Madhyapara Granite Mining Company Limited of Dinajpur imported the explosives in nine Indian trucks through the Indian port of Petrapole.

Exports increase by 13.5 percent defying second wave of coronavirus

Dhaka, June 5: Defying the second wave of the deadly coronavirus, exports in the country have increased by more than 13.5 percent. 

Bangladesh's GDP growth for FY 2020-21 best in Asia, says FM Kamal

Dhaka, June 4: Finance Minister AHM Mustafa Kamal has said that in the financial year 2020-21, Bangladesh's gross domestic product (GDP) growth has been the best in Asia. The country achieved growth of 5.2 per cent amidst the coronavirus pandemic.

10 mega projects given maximum priority in Budget FY 2021-2022

Dhaka, June 4: The Rooppur nuclear power plant construction project is at the top of projects with the highest allocation in the ADP of FY 2021-22.

Surplus mangoes, no buyers in Baneshwar

Dhaka, June 4: The largest mango market in Rajshahi is Baneshwar where hundreds of crores of takas worth of mangoes are traded every day. However, mango farmers have been left frustated recently with the lack of buyers in the market.

Budget: Women get tax benefits, the rich to pay more

Dhaka, June 4: In the new financial year (2021-22), the surcharge slab of the wealthy has been restructured to increase revenue. At the same time, in order to increase participation in sustainable development and economy, small and medium women entrepreneurs have been given tax exemption on annual transactions. On Thursday, Finance Minister AHM Mustafa Kamal presented the budget proposal for the fiscal year 2021-22. This is his third budget as finance minister and the 13th consecutive budget of the ruling Awami League government.

Budget of Tk 6,03,681 crore largest in Bangladesh's history

Dhaka, June 3: Finance Minister AHM Mustafa Kamal has presented the largest budget- FY 2021-2022- in the history of Bangladesh in the National Assembly. The size of this year's budget is Tk 6,03,681 crore.

Forex reserves cross $45.5 billion

Dhaka, June 2: A record amount of remittances have arrived in the country amid the global coronavirus pandemic. At the end of the day on Tuesday (June 1), foreign exchange reserves reached USD 45.54 billion for the first time. With this reserve of the central bank, the import cost of the next 12 months can be met.

ECNEC approves 9 projects at a cost of Tk 5,239 crore

Dhaka, June 1: The Executive Committee of the National Economic Council (ECNEC) has approved nine projects costing around Tk 5,239.62 crore. Of this, Tk 5,004.39 crore will come from government funding and Tk 235.23 crore from foreign sources. The projects were approved at a virtual ECNEC meeting chaired by Prime Minister and ECNEC Chairperson Sheikh Hasina on Tuesday (June 1).

Mongla port breaks 70-year record

Dhaka, June 1: Mongla, the country's second-largest seaport, has broken a 70-year record for the arrival of merchant ships. With one month left in the current financial year, 913 merchant ships have anchored at the port, breaking all previous records. In the last financial year, there were 912 ships in the port.

Tk 3,297 crore allocated as Covid-19 aid

Dhaka, May 31: In the new 2021-22 financial year, Tk 3,297.44 crore will be spent under two projects to combat coronavirus. The draft was approved at a recent meeting of the National Economic Council (NEC). It is expected to be finalized in the upcoming budget session.

'Mango Special Train' en route to Dhaka with 7,000 kilograms of mangoes

Dhaka, May 28: A Mango Special train has left for Dhaka carrying 7,268 kilograms of mangoes from Rajshahi and Chapainawabganj. Earlier on Thursday (May 27), Prime Minister Sheikh Hasina officially inaugurated the 'Mango Special Train' via video conference from Ganobhaban at noon.