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ECNEC approves 12 dev projects involving Tk 7,150.21cr

The Executive Committee of the National Economic Council (ECNEC) today approved 12 development projects involving an overall expenditure of Taka 7,150.21 crore. The entire amount will be financed from the government's own resources. The approval came at the 5th ECNEC meeting of the current fiscal year (FY26) held at the NEC Conference Room on the Planning Commission premises today, with Chief Adviser and ECNEC Chairperson Professor Dr Muhammad Yunus in the chair. Among the approved pr...

Forbes reveals Spain’s top richest individuals

Forbes has released its 2025 ranking of Spain’s 100 wealthiest individuals, with Amancio Ortega retaining the top spot. The Inditex founder, behind Zara, Massimo Dutti, and other global fashion brands, leads the ranking with a fortune of €109.9 billion, despite a reduction of €10.3 billion over the past year due to stock fluctuations.

Ortega manages his wealth through Pontegadea Inversiones, which also holds...

Death penalty for enforced disappearance approved

The government today gave final approval to the draft of 'Enforced Disappearance Prevention and Redress Ordinance 2025', introducing capital punishment and other tough penalties for the offence.

[caption id="attachment_34507" align="alignleft" width="538"] Chief Adviser's Press Secretary Shafiqul Alam spoke at a briefing at the Foreign Service Academy this afternoon. Photo: PID[/caption]
The Council of Advisers approved at its 47th meeting at the Chief Adviser's Office here, with Chief Adviser Pr...

National logistics policy announced

The government today gave final approval to the National Logistics Policy 2025, which aims to modernise Bangladesh’s transport and trade infrastructure, enhance export competitiveness, and promote environmentally sustainable logistics growth.

[caption id="attachment_34503" align="alignleft" width="500"] The Council of Advisers meeting was held at the Chief Adviser's Office, with Chief Adviser Professor Muhammad Yunus in the chair. Photo: PID[/caption]
The Council of Advisers gave the approval at its 47th mee...

ICT adviser visits Banglalink HQ

Special Assistant to the Chief Adviser on Posts, Telecommunications and Information Technology, Faiz Ahmad Taiyeb, visited Banglalink Headquarters and its state-of-the-art Network Management Center on Sunday.

During the visit, Taiyeb emphasised that optimal allocation and parity in sub-1 GHz low-band spectrum will be essential to achieving Bangladesh’s vision of a truly connected and inclusive digital society, where every citi...

Yen loans backfire as Japan’s currency turns volatile

Bangladesh's strategy of borrowing in Japanese yen to avoid paying high dollar-based interest rates has started backfiring due to the currency volatility and rising interest rates in Japan.

The South Asian country has, for instance, ended up losing $13 million to exchange rate differences on a recent $600 million budget support loan from the Asian Development Bank, taken entirely in yen, according to a report in Bangladesh’s Business Standard newspaper.
Last year, too, the government t...
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