China has turned down a proposal to fund the Barishal-Patuakhali-Kuakata four-lane project on the grounds that it will no more consider any new venture under the government-to-government cooperation.It has also requested Bangladesh to concentrate more on the timely execution of existing 27 projects for which it pledged more than $25...
Read moreFinance Minister AHM Mustafa Kamal said on Tuesday they would bring necessary changes in the existing laws to prevent possible buildup of bad loans in the state-owned commercial banks (SoCBs).He said they analysed the past records of non-performing loans (NPLs) in those banks and found that the state-owned lenders faced...
Read moreCommerce ministry will strengthen its monitoring further to keep stable the prices of onion, the essential kitchen item, in the local market.Commerce secretary Md Jafar Uddin said onion prices would be stable shortly as the government has taken effective steps to rein in its galloping prices.He told the media on...
Read moreTerming the latest 9th Wage Board Award "unrealistic" and "unacceptable", Newspaper Owners' Association of Bangladesh (NOAB) has demanded its review for the sake of survival of the newspaper industry. It said most of the proposals put forward by NOAB to the Ministry of Information, Wage Board and Cabinet Committee have...
Read moreEach division to have 100-bed cancer centreThe Executive Committee of the National Economic Council (ECNEC) approved on Tuesday a project involving Tk 23.88 billion to set up a 100-bed full-fledged cancer centre in each government medical college hospital in every divisional city. The project will be implemented by the Directorate...
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