Real-Estate & Infrastructure

The Chattogram Port Authority (CPA) may not have to spend Tk 3,600 crore to acquire 803 acres of khas land for the Bay Terminal project as the government is considering its application to be given the area for free or at a token price. Once implemented, the terminal would enhance …

The country director of the Asian Development Bank (ADB) Edimon Ginting said the lender will continue to support the country’s rural and urban development and encourage investment in climate-resilient development. In line with the development goals of the government, about $2 billion in loan assistance is lined up for this …

Eight government Export Processing Zones (EPZ) of the country under the Bangladesh Export Processing Zones Authority (Bepza) did really well in terms of employment generation, export earnings, and investment in the last 2021-22 fiscal year (FY). The export earnings in FY2021-22 of the industries of EPZs hit all-time high growth …

Chittagong port, the prime seaport of the country, earned a record Tk 35.85 billion in the last fiscal year of 2021-2022 (FY 22). After paying all the expenditure including charges, taxes and salaries of staff, the net income stood at Tk 10.75 billion. In the immediate past FY 2020-2021, the …

Six Bangladeshi companies have showed their interest to invest $457 million at Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram and Sabrang Tourism Park in Cox’s Bazar. They have prepared six investment proposals — one for the pharmaceuticals sector and the rest five for the hospitality sector. The economic zones’ authority …

Rajshahi Krishi Unnayan Bank (RAKUB) has disbursed loans of around Taka 143 crore for fish farming in the country’s northwest districts during the last 2021-2022 financial year, officials said. The state-owned specialized bank distributed the loan among 2,250 commercial fish farmers in all 16 districts under Rajshahi and Rangpur divisions …

Revenue collection by the National Board of Revenue (NBR) witnessed robust growth of 21 per cent in the July-August period of the current fiscal year thanks to the devaluation of taka, high inflationary pressure and expansion of the economy. As such, the NBR has collected Tk 40,270 crore from income …

Revenue collection by the National Board of Revenue (NBR) witnessed robust growth of 21 per cent in the July-August period of the current fiscal year thanks to the devaluation of taka, high inflationary pressure and expansion of the economy. As such, the NBR has collected Tk 40,270 crore from income …

Bangladesh received inward remittance worth over USD $1008.67 million (1,000 million = 1 billion) in the first 15 days of September, amid forex crisis in the country. Bankers said remittance inflow shows an upward trend as the remitters are encouraged by the depreciation of taka and they get more than …

Speakers at a seminar on Monday suggested that the government make the port logistics system more efficient to lower cost of doing business and attract more investment in industries. To this effect, they called for framing a ‘National Logistics Policy’ in order to make the port logistics management more resourceful …