Project worth Tk 46.62b up for ECNEC approval
Another hefty sum of Tk 31.74 billion is to be invested over the next two years in maintenance dredging along the 75-kilometre channel of the Payra Port, which continuously faces navigability challenges for its distance from the sea estuary.Additionally, two hopper dredgers will be procured at a cost of Tk...
Read more
Developing securitisation mkt under study
A study gets going to find ways of developing a robust securitisation market in Bangladesh to enable lenders and financing companies to raise capital and enhance liquidity, officials said.The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, is conducting the study with hired foreign consultancies as...
Read more
Govt releases big sum to pay off pvt power plant dues
A clean chit up to April on huge leftover arrears cost Tk 600 billion as the interim government doubled the state subsidy to pay off the overdue bills to private-sector power producers, officials said.In order to clear all the much-talked-about capacity charges and electricity bills, the government already jacked up...
Read more
Drained deposits worth Tk 190b return in a single month
Currency buildups outside banks are waning fast with the money flowing back into vaults in a latest pivot that gives some respite to the commercial lenders from a crisis-bred liquidity crunch.Out-flowed deposits amounting to Tk 190 billion returned into the banking sector in a month, last April, amid a lax...
Read more
Israel claims attack on research centre in Tehran, Iran fires missile barrage
JERUSALEM, June 20 (AFP): Israel's military said Friday it struck dozens of targets in Tehran overnight, including what it called a centre for the "research and development of Iran's nuclear weapons project," in the eighth day of war between the two foes.In a statement, the army said it had "completed...
Read more
Prayer Timings (2025-06-21)
Read more
