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Project preparation delays cost country a huge sum

World Bank's loan confirmation without project preparation creates a hiatus making Bangladesh pay interest and other fees before fund utilisation begins, officials say about the financial waste. The mismatch has caused a financial gap of about US$1.5 billion between the active loans and the WB's total portfolio in Bangladesh, sources...

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AI holds huge promise, but BD must act fast

Amid growing fears of job losses and disruption, experts believe artificial intelligence (AI) could unlock vast new economic opportunities for Bangladesh if managed wisely.While concerns persist over automation and its impact on employment, they argue that the country's focus should now shift toward readiness: shaping policy, modernising education, and protecting...

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Include anti-discrimination pledges in upcoming poll manifestos

Economist Dr Debapriya Bhattacharya has urged all political parties to include firm anti-discrimination commitments in their forthcoming election manifestos and called for the enactment of a comprehensive anti-discrimination law."Without legal protection, fair justice, free and credible elections, and meaningful reforms will remain unattainable. Political parties must pledge to eradicate discrimination...

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Internet banking transactions surge 47.5pc in Aug

Internet banking transactions in Bangladesh posted a robust growth of about 47.5 per cent year-on-year in August 2025, reaching Tk 1.12 trillion from Tk 759.39 billion in the same month of 2024, according to the latest data from the Bangladesh Bank (BB).Although the August figure was slightly lower than Tk...

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Titipara underpass opens to traffic

The government on Saturday opened the long-awaited Titipara underpass to traffic, easing travel for thousands of commuters in the capital after an extended closure.Special Assistant to the Chief Adviser of the Ministry of Railways Dr. Sheikh Moinuddin inspected the underpass in the morning and ordered it to be opened for...

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UN chief urges faster shift to renewables to avoid climate disaster

United Nations Secretary-General António Guterres has warned that the global energy landscape is changing at lightning speed, with renewable energy leading the way. Speaking at the Energy Transition Roundtable during the Belém Climate Summit on November 7, he said last year 90 per cent of new power capacity came from...

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UN warns Gaza aid still too slow, US eyes peace plan vote

UNITED NATIONS, United States, Nov 8 (AFP): Despite some progress in delivering food to Gazans, the territory, ravaged by war and wracked by hunger, remains in urgent need of humanitarian assistance, a UN spokesperson said Friday.The United Nations and its partners have been able to get 37,000 metric tonnes of...

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Stakeholders fear foreign dominance, rise in internet prices

Speakers at a discussion on Saturday warned that the proposed telecom licensing policy could undermine domestic entrepreneurs, restore foreign dominance, and sharply raise internet prices. They urged the government to review the draft guidelines, currently being prepared by the Bangladesh Telecommunication Regulatory Commission (BTRC), through inclusive consultation and ensure that...

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