Uninterrupted LNG supply to cost Tk 50b in state subsidy soon
Uninterrupted supply of import-dependent liquefied natural gas (LNG) until this month-end will cost some Tk 50 billion in state subsidy as Petrobangla seeks the money before long, officials say.The amount is in addition to Tk 20 billion given to the state-run gas-and-oil supplier until last month.In the last fiscal year,...
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Inflation eating up most bank deposit gains
Most bank depositors in Bangladesh see their capital-gains evaporate as high inflation continues to outstrip fixed-deposit interest, stoking concerns about the real value of their money.In the just-past month of November, the overall inflation rate in the country was recorded at 11.38 per cent, significantly higher than the fixed-deposit rates...
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Spendthrift on government operation spending, stingy on dev expenditure
Civil servants appear spendthrift in spending from the operating budget that goes for running government but tightfisted in defraying development outlay as the first quarter of this fiscal year shows the hiatus.Interest payments against public-debt buildups, however, dominated the operating-budget expenditures as the government had to spend more than half...
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Label-less soybean oil bottles bring buyers to boil in Dhaka markets
A shortage of bottled soybean oil is rippling through the bustling markets of Dhaka, reports bdnews24.com.In the few stores where it is still on shelves, vendors are stripping away labels or hiking prices beyond the marked value.This has sparked a series of daily confrontations, as buyers and sellers lock horns...
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Ansar-VDP Bank seeks Tk 10b in next budget
The Ansar-VDP Unnayan Bank has sought a Tk 10-billion allocation in the next national budget for alleviating poverty among its clients as well as their economic development and women empowerment, sources say. Managing Director of the state-run, specialised non-scheduled bank Mir Mofazzul Hossain recently wrote to the finance ministry in...
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Prayer Timings (2024-12-07)
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FE Anniversary Supplement (2024-12-07)
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