Rejaul Karim Byron

The government is set to cut subsidy by 5.5 percent in fiscal 2015-16 from the current year, as it looks to reduce fuel subsidy amid

The finance division is now at its wit's end over fixing the size of the budget for the next fiscal year while keeping the deficit close to 5 percent of GDP.

The Hijra or transgender community may gradually be integrated into the society, as the government plans to offer them various service-oriented jobs, including in the police.

The International Finance Corporation has now formally proposed to Bangladesh to launch $1 billion taka-linked bonds, saying they would attract new foreign investors.

Default loans rose 8.97 percent in the first quarter of the year to Tk 54,657 crore owing to political unrest during the period, bank officials said.

The Bridges Division has revised the cost of the much-hyped Padma Bridge project by 40 percent, raising the estimated cost to Tk 28,793 crore.

The government will need around Tk 14,500 crore more in the next fiscal year for implementing the first phase of the new pay scale

The allocation for annual development programme (ADP) in the next fiscal year's budget will be Tk 92,500 crore, which is 24 percent higher than that of the current revised budget.

The government is going to build an airport at Rampal in Bagerhat to establish faster communications link between Khulna region and

Local banks last year made Tk 10,363 crore of cash recovery from the classified loans, which provided them a spot of respite from their runaway default loans.

A record $24 billion of foreign aid has piled up due to the ministries' failure to utilise resources timely.

The first-of-its-kind $1 billion taka-linked bonds to be issued by the government and the International Finance Corporation will

Banking professionals described Tuesday's grisly bank heist in Ashulia as a very unusual incident that appears to be more of a militant attack than a robbery.

The secretary-level review committee on the Pay Commission is set to cut the recommended salary for the higher rungs of the pay structure and increase that for the lower grades to add a populist hue.

While the country is witnessing significant improvement every year in most health indicators, the death rate of newborns remains

The International Finance Corporation and the Bangladesh government are set to launch a $1 billion offshore taka-linked bond, a move that

The World Bank wants the country to run various reform programmes in energy and transport sectors, including the introduction of

China has offered Bangladesh soft loans of $15-20 billion to help it expand railway networks across the country. Officials of the Chinese embassy in Dhaka placed the loan proposal at a high-level meeting with Bangladesh officials at the Prime Minister's Office in January, railways ministry sources told The Daily Star.

Bangladesh Petroleum Corporation is making a whopping profit of Tk 13 to Tk 36 per litre on petroleum products on the back of the

The exchange rate has remained stable despite an increase in imports due to adequate liquidity and timely intervention in the foreign