After a three-month long hectic parley, the World Bank (WB) has in principle agreed to revive its funding for the Padma Multipurpose Bridge (PMB), the 2.9 billion dollar dream project. A formal announcement from the Bank in this regard likely to be made by Friday (September 21) following the Board meeting of the Bank in [...]
Bangladesh experienced a massive fall of ten steps in the global ranking of competitiveness in business during the year 2011-12. The country’s ranking fell to 118 this year from 108 last year among 144 countries, came under the survey of the World Economic Forum. Bangladesh scored 3.65 points and the fall was the largest in [...]
US Ambassador Dan W Mozena on Wednesday expressed hope that talks between Bangladesh and the World Bank on Padma bridge loans will be successful. The US, India and Japan played roles in persuading the WB to review the scrapping of the loan for the Padma bridge project, he said. “We and other friends of Bangladesh [...]
Ex-health minister Mosharraf asks govt to follow the existing process Medical and dental college admission aspirants stage a sit-in at Raju Memorial Sculpture on Dhaka University campus Wednesday protesting the government’s decision to discard admission tests Medical and dental college admission seekers staged a sit-in before Raju Memorial Sculpture on Dhaka University campus on Wednesday. [...]
Indian Prime Minister Manmohan Singh yesterday assured his Bangladesh counterpart Sheikh Hasina of India’s firm commitment to ink the proposed Teesta water-sharing deal “as soon as feasible”. During their meeting at Grand Azadi Hotel in Tehran ahead of the Non-Aligned Movement (Nam) Summit, Manmohan also said the land boundary agreement would happen at the same [...]
Home Minister Shahara Khatun addresses a discussion at Dhaka Reporters Unity in the capital on Sunday. Home Minister Shahara Khatun on Sunday said the government is not afraid of BNP’s threat of waging a tough movement to topple the government. “We’re not scared of the red eyes of BNP. The people of the country are [...]
Department of Environment on Sunday fined Ibn Sina Pharmaceuticals Industry Limited Tk 50 lakh for operating a manufacturing factory at Kaliakoir upazila in Gazipur without the clearance from DoE for last 18 years. DoE Director (Enforcement) Mohammad Muneer Chowdhury slapped the penalty after a hearing on Sunday and realised the fine at once from Managing [...]
Prime minister’s Adviser Mashiur Rahman on Sunday said he would step down if his resignation ensures revival of the World Bank financing for the Padma bridge project. “I will resign if the prime minister asks me to do so,” Mashiur said when asked whether he had already resigned, reports Prothom Alo. He was speaking to [...]
Expressing concern over the statement of Dr Muhammad Yunus, eminent citizens of the country said after losing in the legal battle, Dr Muhammad Yunus has been creating pressure on the country through ‘super power’ and donor agencies exploiting his personal relations with them. “Such an unexpected pressure is tantamount to interference in the country’s internal [...]
Finance Minister Abul Maal Abdul Muhith has said the government is in the final stages of reaching an agreement with the World Bank to get the global lending agency back on board to fund the Padma bridge project. He also expressed his hope to make a success of the efforts in this regard within [...]