Indian-funded Mongla port dev entails 84pc cost hike

Shipping officials are in a quandary over the Delhi-funded Mongla port-upgrading project as the Indian consultant now seeks a steep 84-percent cost hike from the approved expense, sources said.They are in doubt whether the project will be financially viable after its completion by spending almost double the actual cost.The southern...

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BD slips three notches to 84th

Bangladesh has slipped three notches to 84th in the 2024 edition of the Global Hunger Index (GHI) that indicates countries' positions as per their malnutrition, children's development and their mortality.With a score of 19.4 points, the south Asian nation has been evaluated as a moderate hunger country, according to the...

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Taka takes a turn for parity with peer currencies

Bangladesh's currency now appears to be at equilibrium amongst the peers as the real effective exchange rate (REER) of the taka in a 15-currency basket representing major trading partners stood around 100 by the end of September. Sources in business and banking circles say this shoring up of the local...

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Ownership pattern changes in high-stakes govt securities

Ownership pattern in government securities (G-sec) keeps changing with individual and institutional investors now dominating the market of high-stakes risk-free instruments, leaving banks a bit high and dry.However, banks don't feel the pinch so hard for the switch of depositors as there has been suppressed demand for funds from businesses...

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Travel on metro rail is the obvious choice of commuters

Travel on metro rail is the obvious choice of commuters in this busiest city. The snap shows passengers crowding at a metro train at Motijheel station on Friday afternoon amid the ongoing puja celebrations. — FE Photo

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Prayer Timings (2024-10-12)

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Briefing 2024-10-12

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