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Category Archives: Rural Economy

Economy to maintain growth pace in 2017: BB

businessnews24bd.com With all major economic indicators performing strong in the outgoing year 2016, the economy is showing prospect of maintaining the steady growth pace in 2017, according to Bangladesh Bank (BB). “All economic indicators including inflation, foreign exchange reserve, exchange rate and credit flow in private sector are in broadly in line with the targets for 2016-17 financial year (FY17)”, ... Read More »

Food grain production increase by 13 pc in six years

 Agriculture Desk Bangladesh witnesses increased production of three major food grains by 13% in the past six years with rice yield showing a growth of 8.59 percent to strengthen further the food security, according to latest official statistics. “If you analyze the figures in the past six years since 2009-2010, rice production grew by 8.59 percent, wheat by 43.96 percent ... Read More »

Inflation drops to 5.38pc in Nov

           Bangladesh’s annual inflation eased slightly in November as prices of both food and other items rose at a slower pace, said a senior official at the Bangladesh Bureau of Statistics on Wednesday. Consumer prices in November rose 5.38 per cent higher than a year earlier, slowing from an increase of 5.57 per cent the previous ... Read More »

Bangladesh champion on rural accessibility index among developing countries: WB report

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 Special Correspondent On November 2016, the World Bank has released a report on rural accessibility index. This report reviewed the progress of rural accessibility and poverty indices amongst eight developing countries of South Asia and Africa in aligned with Sustainable Development Goals (SDGs). The report mentioned Bangladesh has achieved significant progress in achieving rural accessibility comparing other countries of South ... Read More »

BD’s extreme poverty rate drops by 12.9 pc: WB

Bangladesh’s extreme poverty rate has dropped to 12.9 percent of the total population in 2015-16, the World Bank says.  In its ‘Bangladesh Development Update’, released on Monday, the multi lateral lending agency said it has come down from 13.8 percent in the previous 2014-15. WB Dhaka office’s Lead Economist Zahid Hussain highlighted the key features of the report on Monday ... Read More »

Boro production declines

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businessnews24bd.com Boro paddy production declined last season after years of consistent rise as many farmers, frustrated by the low prices of paddy, cut back on plantation and switched to other crops. Boro output , which accounts for 55 percent of the total annual production, fell 1.32 percent from a year earlier to 189.38 lakh tonnes during the production year of ... Read More »

Govt moves to revitalise Pangaon Container Terminal

businessnews24bd.com The government has taken a fresh initiative to make the Pangaon inland container terminal more useful, slashing exporters’ costs of carrying raw materials by half. The decision was taken yesterday at a meeting attended by Finance Minister AMA Muhith, Shipping Minister Shajahan Khan and officials of the National Board of Revenue and shipping ministry. “There were some problems, but ... Read More »

Barapukuria Thermal Power Plant:40 pc works of 3rd unit complrted

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   Dinajpur (South) Correspondent Work on  Dinajpur 75 MW thermal power plant project in the 3rd Unit is progressing rapidly .           6 of the 87 million cost of the project has been set period of 3 years . 1 year, 40 per cent of the work has been completed earlier . If everything goes well before the scheduled time ... Read More »

Thousands suffer as bridge damaged over Sanchai River

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Jhenaidah Correspondent Thousands of people of at least 30 villages have been suffering badly when the only bridge over the River Sanchai at Tikari Bazer in Jhenaidah Sadar upazila was damaged. The people, especially, the farmers in vast area are the worst sufferers as they have been running additional 10 to 15 kilometres of road to bring their crops in ... Read More »

Flood-hit Indians take shelter in BD

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Lalmonirhat Correspondent About 4,000 flood-affected people from India have taken shelter in villages along the Lalmonirhat border in the last three days as flood situation worsened in the northern districts of the Indian state of West Bengal. Incessant rain and rising water levels in the Dharla, Kaljani, Teesta and Torsa rivers forced about 10,000 people of Cooch Behar, Alipurduar, Jalpaiguri ... Read More »

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