The Public Private Partnership Authority yesterday signed a memorandum of understanding (MoU) with 15 banks and non-banking financial institutions to facilitate financing of PPP projects. The MoU will stay in effect for the next five years. A non-disclosure agreement has also been signed to complement the MoU. The authority has …
Read More »Fast-track projects back in fast lane
Although fast-track projects had previously witnessed slow implementation for various reasons including the pandemic, they are now progressing gradually, according to a report. The Padma bridge project is nearing completion, said the Implementation Monitoring and Evaluation Division (IMED) report. According to the officials concerned, these projects are likely to be …
Read More »Government bans export of soybean meal
The soybean export is causing a crisis in the domestic market hurting the cattle feed industry The government has banned the exports of soybean meal in order to prevent the price hike of the key ingredients needed to produce poultry and cattle feed. In this regard, the commerce ministry issued …
Read More »E-commerce scams: Another committee formed to protect customers, merchants
The government has formed a new committee to bring all e-commerce firms in Bangladesh under one umbrella and safeguard the interests of the consumers and merchants who were deceived. The 15-member body was set up on Tuesday as per instruction of the cabinet division. It will prepare a report on …
Read More »Local IT firms to get preference in govt procurement
The government is set to provide preference to local IT and software companies in public procurements for setting up digital systems. Ambiguities in the public procurement rules have barred local software companies from taking part in different programmes, said Prof Dr Shamsul Alam, state minister for planning, yesterday. “We should …
Read More »39 approvals needed to release goods from Ctg port
Entrepreneurs in Bangladesh need as many as 39 approvals from various government agencies before their goods are released from Chattogram port, a sad circumstance that hurts businesses, a new report said.
Read More »Bangabandhu Shilpa Nagar to be int’l standard smart city
Bangladesh Economic Zones Authority (BEZA) is working to build the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) as an international standard green smart industrial city so that the investors can run their production activities by maintaining the balance of environment. To this end, the ‘BSMSN Development Project’ is being implemented with …
Read More »Payra bridge to boost trade, tourism
The long awaited Payra bridge, which will facilitate road transport between a seaport and popular tourist destinations nearby, is finally nearing completion a good five years after its original due date.
Read More »Cargo space shortage at airport: Exporters stare at mounting losses
The cargo village at the Hazrat Shahjalal International Airport (HSIA) is failing to accommodate the rising volume of export-bound goods, piling up losses on suppliers as they are struggling to ship merchandises on time.
Read More »Govt wants to improve living standard of farmers: Abdur Razzaque
Agriculture Minister Dr Muhammad Abdur Razzaque has said the present government led by Prime Minister Sheikh Hasina wants to improve the living standard of farmers.
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