Tuesday , 15 June 2021
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Category Archives: Development News

PM to open Padma Bridge work by Dec 16: Quader

Munshiganj Correspondent  Road Transport and Bridges Minister Obaidul Quader on Saturday said Prime Minister Sheikh Hasina will inaugurate the main construction work on the Padma Bridge before this Victory Day.He came up with the disclosure while talking to reporters after visiting the Padma Bridge construction site in Mawa at noon. The minister said 26 percent work of the Padma Bridge ... Read More »

ECNEC okays 10 dev projects

Economic Correspondent The Executive Committee of the National Economic Council (ECNEC) has approved 10 development projects involving Taka 6,250 crore. The approval came from the ECNEC meeting held on Tuesday at the NEC conference room in city‘s Sher-e-Banglanagar with ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair. Planning Minister A H M Mustafa Kamal briefs reporters about the ... Read More »

Creating instability cannot paralyze dev: PM

businessnews24bd.com Prime Minister Sheikh Hasina on Wednesday said development activities initiated by her government could not be paralyzed by creating any turmoil situation in the country. “The pace of development could not be stopped by hurling few bombs or pelting stones. They are wrong who are doing this,” she said laying foundation of Padma (Jashaldia) Water Treatment Plant (first phase). ... Read More »

Govt to establish 100 economic zones: PM

businessnews24bd.com Reiterating her government’s plan to establish 100 economic zones in phases for further development of the country, Prime Minister Sheikh Hasina today asked the authorities concerned to work with new concept to attract more local and foreign investment. The Prime Minister gave the directives while addressing the third meeting of the governing board of Bangladesh Economic Zones Authority (BEZA) ... Read More »

BD to sell internet bandwidth to India from November

The export of internet bandwidth to India has been delayed because cable connection was not set up across the border, State Minister for Post and Telecommunications Tarana Halim says, reports bdnews24.com Bangladesh would start selling bandwidth in November, she said on Tuesday. She was briefing the media on the progress of her division’s work in the last 90 days since ... Read More »

NEC approves 7th Five-Year Plan

businessnews24bd.com Five-Year Plan (FY2016-FY2020) aiming to accelerate employment generation and reduce poverty through substantially increasing FDI inflow and maintaining a growth rate of 7.4 percent on average over the five-year period. The approval was given at a meeting of the NEC held at the NEC conference room with its Chairperson and Prime Minister Sheikh Hasina in the chair. Briefing reporters ... Read More »

Secretaries’ meeting held at Padma Bridge Project area

businessnews24bd.com Secretaries on Monday held a meeting in the Padma Bridge Project area at Mawa point in Louhajang upazila of Munshiganj to discuss about quick and timely implementation of the project. Cabinet Secretary Muhammad Musharraf Hossain Bhuiyan presided over the meeting held at the conference room of service area-1 of the Padma Bridge Project at 11:00am. The cabinet division sources ... Read More »

WB to scale up funding in BD

businessnews24bd.com The World Bank (WB) most likely will scale up its funding to Bangladesh, with pleading new financing commitments amounting to $1.9 billion for the current 2015-16 financial year (FY16). Referring to a meeting between finance minister Abul Maal Abdul Muhith and WB senior vice president Kyle Peters, the multi-donor agency in a press release issued on Sunday said the ... Read More »

WB to give $250 m. half of what BD sought as budgetary support: Muhith

The World Bank might give Bangladesh $250 million in budgetary support, not $500 million as it had offered earlier this year, Finance Minister AMA Muhith says, reports bdnews24.com However, there are no problems over issuing the $1 billion Taka Bond by its lending arm, the International Finance Corporation (IFC), he said while speaking to bdnews24.com at the Peruvian capital. Muhith ... Read More »

BD now has now 100 power stations

The number of power stations has risen to 100 in Bangladesh after Prime Minister Sheikh Hasina opened three more stations in Ashuganj with a combined capacity of 475MW, reports bdnews24.com  Hasina said it was a “big achievement”. “We’re elated to have scored a century today… in setting up power plants,” she said on Thursday after inaugurating seven projects via video ... Read More »