Hundred economic zones scaled down to five priority EZs
Bangladesh scales back its big-dream plan to establish 100 economic zones across the country by 2030 and the current government prioritizes five full-blown EZs to deliver the desired goods. It now focuses on select few zones "to maximize the attraction of foreign investment and impact on the country's economy", according...
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NCP seeks constituent assembly to formulate new constitution
National Citizens Party (NCP) was ceremoniously launched Friday with the vision of building a second republic in Bangladesh based on a new constitution that guarantees democratic dispensation and blocks dictatorial rule. The party demanded constituent assembly election to formulate the envisaged new constitution of a 'new Bangladesh'. Nahid Islam, convener...
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High tax, low yield turn banks off
The central bank's liquidity-sterilisation instrument, called Bangladesh Bank (BB) bills, has failed to attract commercial banks' attention, leaving the regulator's move to mop up high-powered money in doubt, officials and bankers have said.They said commercial banks mostly borrowed money from the central bank amid persistent liquidity tightness at policy rate...
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July-Nov fiscal deficit Tk 387b
Bangladesh's fiscal deficit rose to approximately 0.7 per cent of GDP, or Tk 387.72 billion, in the first five months (July-November) of the current fiscal year in a rise from last year's 0.03 per cent, according to official statistics.The surge in interest payments has significantly strained public finances, thereby raising...
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Prayer Timings (2025-03-01)
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