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Category Archives: Development News

Japanese firm to design 2nd railway bridge over Jamuna

businessnews24bd.com The cabinet committee has given the go-ahead to the railways ministry to appoint a Japanese firm as supervision consultant and for preparing a detailed design of a separate railway bridge on the Jamuna river. The government targets to build the 4.8 kilometre-long-bridge 300 metres upstream of the existing Bangabandhu Jamuna bridge at a cost of around Tk 9,734 crore ... Read More »

170,000 households to get low-cost sanitation

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           businessnews24bd.com Over 170,000 low-income households in rural Bangladesh will be provided with quality sanitation services under a microfinance programme. The World Bank, in partnership with the Palli Karma-Sahayak Foundation (PKSF), is supporting the output-based aid (OBA) sanitation microfinance programme. The programme received a $3 million grant from the Global Partnership on Output-Based Aid (GPOBA), in ... Read More »

BD ahead of India, Pakistan in inclusive development: WEF

Bangladesh is ranked ahead of both India and Pakistan in a global inclusive development index released on Monday, reports bdnews24.com  It is ranked 36th, while India, the world’s fastest growing economy, is ranked 60th and neighbour Pakistan is ranked 52nd. China, the world’s second biggest economy after the US, is ranked 15th among 79 developing economies in the World Economic ... Read More »

GDP to reach 8pc in 2 years: Muhith

KUAKATA : Finance Minister Abul Maal Abdul Muhith today said that Bangladesh would attain 8.0 percent GDP growth in two years. “The economy already attained over 7.0 percent growth, marking a golden era for the country,” the finance minister said, noting that Bangladesh had already established its image as a country where people are busy doing their jobs amid political ... Read More »

Ecnec approves 6 projects involving Tk 2,474.65 cr

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businessnews24bd.com The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved the procurement of equipment and machinery for repairing and maintenance and road infrastructure construction at an estimated cost of Tk 585.88 crore. The approval came from the 15th Ecnec meeting of the current fiscal year held at the NEC conference room with Ecnec Chairperson and Prime Minister ... Read More »

PWD implementing dev project worth over 300 cr in Sylhet

S A Shofiee, Sylhet  The Department of Public Works, (PWD) Sylhet Division has been implementing development schemes worth over 300 crore in order to facilitate and accelerate, concerned department at office and accommodation in Sylhet Divisional headquarters. Under these development projects, Replacement of Sylhet District Jail at present located in between Bandarbazar and Dhopadighi, will be transferred to Badaghat, the ... Read More »

Malek visits Mouchak part of Maghbazar-Mouchak Flyover

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businessnews24bd.com Abdul Malek, Secretary, Local Government Division of LGRD and Cooperatives visited Mouchak part of Mazbazar-Mouchak Flyover yesterday. He inquired about the progress of the project and asked the concerned officials  to complete the work in scheduled time . Nasri Ahmed, Additional Chief Engineer of the Ministry and other high officials of LGED were also  present on the occasion . Read More »

ECNEC okays 15 projects

businessnews24bd.com The Executive Committee of the National Economic Council (ECNEC) on Thursday approved 15 projects, including two huge projects to ensure infrastructural development of primary schools across the country. The approval came from the 14th ECNEC meeting of the current fiscal year held at the NEC Conference Room in the city’s Sher-e-Bangla Nagar Area with ECNEC Chairperson and Prime Minister ... Read More »

BD to achieve 7.5pc GDP growth: Mustafa Kamal

businessnews24bd.com Expressing the hope of attaining 7.5 percent GDP growth in the current fiscal year 2016-17, Planning Minister AHM Mustafa Kamal yesterday said Bangladesh is moving forward with all economic indicators in positive trend. “The government has targeted 7.2 percent growth in the current fiscal. But the upward economic trend shows that the country is likely to achieve 7.5 percent ... Read More »

UNDP Challenge Funds launched to raise earthquake awareness

 businessnews24bd.com  UNDP Bangladesh on Saturday launched the National Youth Innovation Challenge Funds to raise awareness on earthquake preparedness. Under the programme, Young innovators across Bangladesh (Approx. 800 youths) submitted 210 proposals in teams from different universities, colleges, youth organizations. In the final round, top 10 teams presented their innovative ideas in front of the jury members, said a press release. ... Read More »

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