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RHD inks deal with consultancy farms for SASEC project

The Roads and Highways Department on Wednesday appointed four consultancy farms for the South Asian Sub-Regional Economic Cooperation (SASEC) Road Connectivity Project. The contract agreement with the farms was signed at a function chaired by Communications Minister Obaidul Quader at his office, reports UNB. SASECThe contract involving over Tk. 104 is effective for 53 months. RHD Chief Engineer Mafizul Islam, Kunhwa Engineering & Consulting Co. Ltd (top consultant) chairman Hwang Kwang Ung, E...

BSF to deploy women constables along Bangladesh border

Border Security Force (BSF) will deploy women constables next week along the 856 km long border with Bangladesh to stop smuggling by the women from other side of the border, official sources said on Monday. “A contingent of 27 women constables have already arrived here two weeks back and are undergoing three weeks familiarisation training, and after completion of the training, they would be deployed along the border,” BSF DIG B S Rawat told the media. bsf womanHe said they might now be operating from the bat...

Bangladesh key economic indicators – Feb 11

DAILY INDICATORS

Monday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.75 Call money rate (inter-bank) 06.00-07.75 05.00-08.00 Dhaka Stock Exchange index 4,797.97 4,822.72 --------------------------------------------------------------- indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Jan. 7.50 7.35 M2 supply (bln taka) (BB) Nov. 6,425.75 6,403.17 Forex reserves ($bln)(BB) Jan. 18.12 18.07 Exports(FOB) ($mln)(BB) Dec. 2,726....

Bangladesh jute report – Feb 9

Rates supplied by the Bangladesh Jute Association

JUTE VARIETY BALES FOB Narayanganj (One bale = 180 kg) (Taka per bale) juteReady Position (in taka) Bangla white special (BW special) 12,800 Bangla white A (BWA) 12,500 Bangla white B (BWB) 11,600 Bangla white C (BWC) 10,100 Bangla white D (BWD) 9,650 Bangla white E (BWE) 9,200 Bangla tossa special (BTS) 13,100 Bangla tossa A (BTA) 13,800 Bangla tossa B (BTB) 11,900 Bangla tossa C (BTC) 10,400 Bangla tossa D (BTD) 9,950 Bangla tossa E (BTE...

Appetite for project loans wanes

Businesses’ appetite for term loans, typically used for major investments or acquisitions, shrank in the first half of the fiscal year, due mainly to the unstable political climate in the lead-up to national elections. Between July and December last year, banks disbursed Tk 21,565 crore in term credit, down 1.77 percent year-on-year, according to central bank statistics. During the period, term lending to large-scale industries increased 5.75 percent and small-scale industries 39.43 percent, while it plummeted 28.26 percent in case of medium-scale industries. remmitance

Corruption allegation against LGED Chief Engineer

Chief Engineer of Local Government Engineering Department (LGED), Wahidur Rahman has allegedly been involved in corruption of thousands crore taka. He has bought two luxurious homes in Australia with those money, reported a local Bangla daily and a weekly on Sunday. According to a report, Wahidur Rahman is a fake freedom fighter. He has been a model of corruption among the government employees of the country.     LGED ChiefThe allegation of corruption against Wahidur Rahman was first disclosed in the period o...
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