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Category Archives: Development News

Over two crore children fed vitamin A plus capsules

businessnews24bd.com National Vitamin-A Plus campaign was observed today across the country to feed vitamin-A Plus capsule to over 2.10 crore children aged between six months to 59 months to prevent childhood blindness and reduce child mortality. Under the campaign, children aged between six months and 11 months will be given capsule with blue color while children aged between 12 and ... Read More »

Trde Show: France wants to expand business beyond €2.4 b with BD

A French trade show begins in Dhaka on Friday as Paris wants its trade and business with Bangladesh to cross the current €2.4 billion mark, reports bdnews24bd.com  “We want to expand our business relations,” France ambassador Sophie Aubert said at a press briefing on Wednesday, ahead of the two-day show. The two-way trade between France and Bangladesh was €2.423 billion ... Read More »

ECNEC okays Rooppur Nuclear Power Plant

           businessnews24bd.com The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved the largest-ever project in its history titled ‘Establishment of Rooppur Nuclear Power Plant (main phase)’ to construct two units with a capacity of 2,400 MW at an estimated cost of Tk 113,092.91 crore. The approval came at the 13th ECNEC meeting of ... Read More »

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

 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 »

Govt nods three projects to upgrade power distribution

businessnews24bd.com The government has undertaken three projects of Tk 20,183 crore for improving power distribution system in the country as part of its plans to take electricity to all houses by 2021. China and the Asian Development Bank will finance 67 percent of the cost of the projects, Planning Minister AHM Mustafa Kamal said after the Executive Committee of the ... Read More »

Dhaka South Ciry Corporation adopts new technology for road construction

The Dhaka South City Corporation has purchased a cold recycling asphalt plant and a cold milling machine in an effort to modernise road construction, reports bdnews24.com  The machines began work on a project in Dhaka’s Palashi for the first time on Saturday. At the inaugural ceremony for the machine Dhaka South Mayor Sayeed Khokon called the machines a sophisticated step ... Read More »

ADB pledges $8b to implement 5-year plan

businessnews24bd.com Asian Development Bank (ADB) has pledged US$8 billion over the next five years in new funding to help Bangladesh implement its ongoing 7th 5-year plan (2016-2020). Bangladesh will get the loan between financial year 2016-2017 and 2020-2021 for the development of infrastructure, human capital and facing climate change, said the Manila-based development partner in its Bangladesh Country Partnership Strategy ... Read More »

Bangladesh Navy to get 2 submarines by 2016

businessnews24bd.com Two submarines would be added to the fleet of Bangladesh Navy this year. The submarines will reach Bangladesh soon and building of frigates for the navy is also under process, says Chief of Naval Staff Admiral Nizamuddin Ahmed. The information was disclosed when Ahmed made a courtesy call on President Abdul Hamid at Bangabhaban in Dhaka this afternoon, reports BSS. ... Read More »

50% work of Bangabandhu satellite completed: Minister

businessnews24bd.com The government can launch the country’s first broadcast satellite Bangabandhu-1 on December 16 next year according to plan as 50 percent work of the satellite has been completed, State Minister for Telecommunication Tarana Halim said today. “We are hopeful to finish it by the deadline as the French firm, Thales Alenia Space, has completed 50 percent work of the ... Read More »

Hasina, Xi lay foundation of Karnaphuli Tunne, CSEIZ

businessnews24bd.com Prime Minister Sheikh Hasina and Chinese President Xi Jinping today laid the foundation of the Karnaphuli River Tunnel and the Chinese Special Economic and Industrial Zone (CSEIZ) in the port city of Chittagong. The foundation laying was held at the Prime Minister’s Office in the capital city following bilateral talks between the two leaders. China finances the two mega ... Read More »