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Category Archives: Rural Economy

Hundreds flood victims rush for shelter on flood control dam

Nilphamari  Correspondent Hundreds of flood affected people from nine villages situated beside left bank of Teesta river in Dimla Upazila fleeing to different places for shelter including flood control dam and other structures of Bangladesh water development board (BWDB) as a new channel of Teesta river continues devastation as passing through crowded locality. Visiting the flood control dam area near ... Read More »

Special VGF for Eid: 3.90 lakh poor get rice in Nilphamari

Nilphamari  Correspondent For celebrating Eid-ul-Fitr festival, record quantity of 3,894 metric tons (MT) rice was distributed among poor and distressed people in the district under special Vulnerable Group Feeding (VGF) program from 5 July-7 July period. The govt. through Ministry of Disaster Management and Relief allocated the huge quantity rice which was distributed among 3,89,414 poor and distressed beneficiaries as ... Read More »

Mobile money accounts to be verified

businessnews24bd.com The government has now turned its attention to verifying the details on mobile financial service accounts after the completion of mobile SIM re-registration on May 31. The development comes on the heels of recent arrests in Chittagong in connection with mobile money theft. “The move will help reduce mobile financial service-related crimes,” said Tarana Halim, state minister for telecom, ... Read More »

Rupayan City Uttara : country’s first mega gated community

New way of living with all amenities, highest security businessnews24bd.com Gated Community, a community where majority of the living facilities are offered for its inhabitants all in one area surrounded by a gate. Most of the urban areas in Bangladesh are choking under the burden of overpopulation and unplanned residential and commercial establishments. Living a healthy life with a feeling ... Read More »

Muhith plans Tk 340,000 cr budget for next fiscal

businessnews24bd.com Finance Minister Abul Maal Abdul Muhith on Thursday said the outlay of the budget for the coming 2016-2017 fiscal could be as high as Taka 340,000 crore as he joined a government-sponsored pre-budget conference of leading financial watchdogs here. “We are working on the size of the next budget . . . the expected outlay could be Taka 340,000 ... 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 »

Rats damage Tk 723.72 cr food grains in outgoing fiscal: Matia

businessnews24bd.com Agriculture Minister Begum Matia Chowdhury today told the Jatiya Sangsad that rats damaged paddy, rice and wheat worth Taka 723 crore, 72 lakh, seven thousand and 355 in the 2014-15 fiscal year. The minister said this while replying to a query of treasury bench member M Abdul Latif during the question and answer session in the House with Speaker ... Read More »

GDP growth could have crossed 7 pc: PM

businessnews24bd.com Terming the attainment of 6.51 percent GDP growth for the current fiscal year (FY15) a big achievement despite the political turmoil, Prime Minister Sheikh Hasina said on Thursday the GDP growth this year could have crossed 7 percent had there been no political turmoil from January to March. “I had firm the belief we could have gained over 7 ... Read More »

Political turmoil hits exports hard

The three-month spell of political violence and agitation at the start of the year has taken its toll on Bangladesh exports. Exports earnings in April have fallen 7.52 percent in comparison to March and 0.54 percent in comparison to the same time last year. But, since situations were better in the first half of the fiscal, earnings for July’14-April’15 did ... Read More »

WB to finance $200 mln in project to benefit 5 mln in rural areas

businessnews24bd.com The Government of Bangladesh on Tuesday signed a $200 million financing agreement with the International Development Association (IDA) of the World Bank for the Nuton Jibon Livelihood Improvement Project to benefit approximately 5 million poor people in the rural areas.IDA is the World Bank’s concessional loan arm. A loan agreement was signed in this regard by Economic Relations Division ... Read More »

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