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Revised proposals for Dhaka’s MRT Line-1 and MRT Line-5 Northern reveal that Bangladesh faces not only sharp project cost overruns, but also significantly higher interest rates on its Japanese loans. Estimates indicate that interest rates on...
Non-performing loans (NPLS) in the country’s banking sector rose by nearly Tk18,000 crore in April-june, crossing Tk6 lakh crore despite Bangladesh Bank’s continued efforts to contain toxic loans through relaxed rescheduling facilities...
Iran yesterday said it does not view the Mecca Pact involving Saudi Arabia, Türkiye and Pakistan as something against Tehran and that Bangladesh’s decision does not create concerns for them. “We don’t regard the Mecca Peace Pact as against Iran....
The Anti-corruption Commission (ACC) has launched an investigation into allegations of corruption involving former interim government adviser for Youth and Sports Asif Mahmud Shojib Bhuiyan and three other officials in connection with...
