The Bangladesh authorities have made significant progress in consolidating macroeconomic stability under the ECF-supported program, said International Monetary Fund (IMF) in a press statement. It said, despite a moderation in exports, foreign exchange reserves have continued to increase and have reached adequate levels, inflation has declined, the fiscal deficit is contained and public debt is on a downward path. With a calmer political environment economic activity is gaining momentum, and real GDP growth is expected at about 6¼ percent in fiscal year (FY)15 (July 2014-June 2015), supported by strong domestic demand. There has also been progress on structural reforms. However, the introduction of a new value added tax (VAT), a key government reform to boost fiscal space for development...
Bangladesh cricket authorities on Tuesday sacked wicketkeeper-batsman Mushfiqur Rahim as one-day international captain and replaced him with injury-prone paceman Mashrafe Mortaza.
Mushfiqur, however, will continue to lead the Test side, Bangladesh Cricket Board president Nazmul Hassan announced after a BCB directors’ meeting.
“Mushfiq (Rahim) is our best batsman at the moment. At the same time he also needs to lead the team and do the wicketkeeping job. This is a tremen...
THE river delta that is Bangladesh has plenty of sand but few stones. As the country’s cities are yet to accommodate the majority of its 160m people, this is no small problem. The capital Dhaka, one of the world’s ten largest cities, has begun to rid itself of its one-buffalo town infrastructure. An estimated 35,000 people move to urban areas every week; an additional 53m people will be living in the cities by the middle of the century.
At one of Dhaka’s clubs for foreigners, a hangover from the days of aid-dependence, a man had told m...
A packed meeting in Tower Hamlets heard the secretary of the Committee to Protect Oil Gas and Natural Resources in Bangladesh, professor Amu Mohammad, who was visiting the UK, condemn the corporate plunder of Bangladesh by companies like the UK based Global Coal Management Resources (GCM).
Despite huge protests and three deaths (reported in the Socialist, 8 December 2010 ), GCM is still pressing ahead with a massive open-cast coal mining operation in Phulbari, north-west Bangladesh, which will displace up to 200,0...
Lions Club of Dhaka Dilkusha Green, Lions Clubs International, District 315 A1, Bangladesh has inaugurated a free Health Check-up & Medicine Distribution Service recently.
Zone Chairperson of Lions Clubs International, District 315 A1 and Former President of Lions Club of Dhaka Dilkusha Green Ln.Mohammad Mizanur Rahman was inaugurated a free Health Check-up & Medicine Distribution service to the Orphans of Arambagh Forkania Hafezia Madrasa in Motijheel.
District Chairperson and Club President Ln. Qamar Uddin Ahmed , Vice President Ln...
MJL Bangladesh Limited (MJLBL) is proud to announce a special “Mobile Talk Time Offer” for its consumers. The offer brings opportunity to win up to Taka 200 “Mobile Talk Time” from any mobile operator. Consumers can avail this opportunity nationwide with every purchase of Mobil Special 5 or 4 liters can.
Khondaker Sanaul Haque, the Chief Executive Officer of MJLBL, came up with the announcement of the Mobil Special “Mobile Talk-time Offer” at the press conference in a hotel at Dhaka on Tuesday.
Mr. Haque said that under this program the co...
