WB stands guarantor for $350m revolving LC facilities
World Bank's soft-lending-window IDA has now assured Bangladesh of facilitating LNG import with funding underwriting to banks to meet the country's growing energy demand amid dwindling local gas output, officials said.Riding on the International Development Association (IDA) assurance, government's Energy and Mineral Resources Division (EMRD) is going to call expression...
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Slash taxes, digitise systems, end hurdles to make budget business-friendly
Top trade bodies of Bangladesh have urged the government to make the next national budget business-friendly by slashing taxes, digitising tax system and removing various complications that undermine the ease of doing business.Finance Adviser of the interim government Dr Salehuddin Ahmed told leaders of the chambers at a pre-budget meeting...
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Public procurement act amended to end irregularities
Interim government's council of advisers Thursday approved amendment to the Public Procurement Ordinance through scrapping the opaque provision of cancelling a tender if the quoted amount is over 10-percent lesser than the estimated value."The decision is taken to ensure total transparency in the public procurement," said Shafiqul Alam, Press Secretary...
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Bangladesh behind most SA peers
Bangladesh has dropped further in the World Happiness Report rankings, placing 134th out of 147 countries in 2025.This marks a decline from last year's 129th position among 143 nations.The World Happiness Report is published by the Wellbeing Research Centre at the University of Oxford in collaboration with Gallup, the UN...
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HC Justice Khizir Hayat relieved of duties over misconduct
The President has dismissed Justice Khizir Hayat, a judge of the High Court Division of the Supreme Court, on charges of serious misconduct. The Ministry of Law, Justice, and Parliamentary Affairs issued a notification in this regard on March 19, confirming that the President officially removed Justice Hayat on March...
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Traffic snarl-up is a common phenomenon in Dhaka
Traffic snarl-up is a common phenomenon in Dhaka, which intensifies during the holy month of Ramadan. In order to get some respite from everyday nuisance, many people opt for motorboats, locally known as 'water taxi', that operate between Rampura, Police Plaza, and FDC on Hatirjheel. The photo was taken at...
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Prayer, Sehri, Iftar Timings (2025-03-21)
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