International

JICA Rejects MRT-5 Bid Cancellations, Voices ‘Disappointment’

The Japan International Cooperation Agency (JICA) has flatly rejected a proposal from the Dhaka Mass Transit Company Limited (DMTCL) to cancel the bidding process...

ECNEC Approves 12 Projects Worth Tk 7,150 Crore

The Executive Committee of the National Economic Council (ECNEC) has approved 12 development projects involving an estimated cost of Tk 7,150.21 crore. All of...

Bangladesh ACU Payment May Push Reserves Below $26B

Bangladesh is set to make a $1.6 billion payment to the Asian Clearing Union (ACU) this week, which could reduce the foreign currency reserves...

NBR Rules Out Mid-Year Tax Hikes Despite IMF Pressure

BM Desk : The National Board of Revenue (NBR) has firmly stated that it will not raise taxes or withdraw existing tax exemptions midway through...

Four Companies to Invest $111.3 Million in Mirsarai

In Mirsarai, Chattogram, four domestic and international businesses will invest $111.3 million in the Bangladesh Export Processing Zones Authority (BEPZA) Economic Zone. The funds...

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