TK 1.10 lakh crore allocation for ADP in FY17
The proposed National Budget for the fiscal 2016-17 has set an Annual Development Programme (ADP) with the original outlay of Taka 1,10,700 crore aiming to ensure a balanced development and higher growth.
In the new ADP, transport, education, power, rural development, health, and water sector have been given highest priority, reports BSS.
However, incorporation of Taka 12,645.80 crore of own financing projects from the corporations and autonomous organizations has inflated the ADP outlay to Taka 1,23,345.80 crore.
“Like previous years, we have estimated the ADP allocations while giving priority to ensuring regional parity, developing human resources and infrastructure and securing quality of
3,03,284 workers employed overseas till May 29
The overall manpower export from Bangladesh is expected to witness a robust growth at the year end as the officials say as many as 3,03,284 workers have gone abroad with jobs and many more skilled and semi-skilled Bangladeshis would go during the rest of 2016.
The present government has already established various institutions for building skilled and semi-skilled manpower aimed at getting more overseas jobs for them easily.
"As many as 3,03,284 Bangladeshi workers, who went abroad with jobs, sent home so far $4,769.88 million in remittance till May 29 this year. The government is desperately trying to 
Insiders may be involved in BB cyber theft: Probe officials
Officials of Bangladesh Bank may have been involved in a brazen theft of $81 million from its account with the New York Federal Reserve Bank in February, the head of a government-appointed panel investigating the cyber heist told reporters on Monday.
Hackers broke into the computer systems of the Bangladesh central bank and issued instructions through the SWIFT network to transfer $951 million of its deposits held at the New York Federal Reserve Bank to accounts in the Philippines and Sri Lanka.
Most of the transactions were blocked but four went through, amounting to $81 million, 
WB to provide $ 176m fund to help poor farmers
The government on Tuesday signed a $176-million deal with the World Bank (WB) to help more than a million of its poor farmers boost output and gain better access to markets. Funding from the World Bank's International Development Association (IDA) will increase and diversify the productivity of crops, livestock and fisheries, 
besides enhancing market access, the World Bank said in a statement.
"This project will help achieve food security, improve resilience to climate change, and enhance nutrition through safer and ...
besides enhancing market access, the World Bank said in a statement.
"This project will help achieve food security, improve resilience to climate change, and enhance nutrition through safer and ...
Agriculture a key driver in reducing poverty
Agriculture is a leading contributor to poverty reduction in Bangladesh since 2000, a new World Bank report said. The country now needs to shift towards high-value agriculture, including horticulture, livestock, and fisheries as well as greater value addition to improve farmers’ income and household nutrition.
The report launched on May 17, “Dynamics of Rural Growth in Bangladesh: Sustaining Poverty Reduction,” says pro-poor agricultural growth has stimulated the non-farm economy. It estimates that a 10 percent rise in farm income generates a 6 percent rise in non-farm income. Hence, the growth of the non-farm economy largely depends on agriculture. Although rural non-farm employment is almost 2 times higher than all urban employment put together,
Is North Korea behind the £81m BB cyber-heist?
The probe into the $81m (£56m) cyber-heist at the Bangladesh central bank has taken a strange turn as security researchers from BAE Systems claim to have linked the malware used in the attack to the online siege against Sony Pictures in 2014.
Many, including experts in the US government, believe the cyberattack against Sony was the work of hackers affiliated with the North Korean government. Could the reclusive nation really be involved in this latest incident?
The BAE report, titled Cyber Heist Attribution, claims what initially appeared to be an isolated attack against one bank has turned out to be larger in scope than previously thought.
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