Faulty tender, inefficiency plague rail projects
Despite the increase in demand for trains, the supply side continues to be slow with no sign of improvement due to the wrong selection of funding agencies, faulty tender process, and inefficiency in project preparation by railway officials.Bangladesh Railway (BR) has so far shelved some important projects years after taking...
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CPA to build Bangladesh’s first heavy-lift jetty at Laldia Char in Ctg
The Chittagong Port Authority (CPA) is constructing Bangladesh's first heavy-lift jetty at Laldia Char to meet a longstanding demand coming from the business community to handle specialised cargo. The Bangladesh Navy will implement the project, with the site located just a few kilometres from the main Chattogram Port and close...
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Janata Bank seeks govt steps to recover its Tk 18.38b dues from BSFIC, sugar mills
The state-owned Janata Bank has sought the government's necessary steps for recovering its Tk 18.38 billion worth of outstanding loans from the Bangladesh Sugar and Food Industries Corporation (BSFIC) and some other sugar mills. Managing Director of Janata Bank Md. Mazibur Rahman in a letter recently sought the Finance Ministry's...
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Mongla Port achieves record growth in container handling in current fiscal year
KHULNA, Sept 12 (BSS): Mongla Port, the second-largest seaport in Bangladesh, witnessed a gradual increase in container handling throughout the first two months of the current fiscal year (FY), driven by growing economic activity in the country.Business-friendly environment and adequate facilities have drawn the attention of importers and exporters towards...
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