$16b siphoned off annually
An average of USD 16 billion was illicitly siphoned from Bangladesh every year during Sheikh Hasina’s corrupt autocracy, leaving the country in a state of plunder when she fled following a popular mass uprising,...
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White paper unveils economic anomalies under Hasina regime
Staff Reporter ঃ The White Paper on the State of the Bangladesh Economy was submitted to Chief Adviser Professor Dr. Muhammad Yunus on Sunday. Eminent economist Dr. Debapriya Bhattacharya, chair of the committee, led...
Remittance rises 14pc in November
Staff Reporter ঃ Remittances sent by Bangladeshis living abroad increased by 14 percent year-on-year to $2.2 billion in November, according to the latest data from Bangladesh Bank published on Sunday. Remittance inflows have been...
IMF to decide on 4th loan tranche based on reform
Staff Reporter ঃ A mission from the International Monetary Fund (IMF), led by Chief Chris Papadakis, is scheduled to visit Bangladesh this week to review the country’s performance and compliance with the structural reform...
Over £400m UK properties tied to Hasina’s inner circle
Staff Reporter ঃ A joint investigation by British media outlet The Observer and Berlin-based anti-corruption watchdog Transparency International, reported by The Guardian on Saturday uncovered over £400 million (approximately Tk 6,000 crore) in UK...
Verdict of 21 August grenade attack case: All convicts including Tarique, Babar acquitted
Staff Reporter ঃ In a historic ruling, the High Court (HC) on Sunday overturned the trial court’s verdict in the high-profile case concerning the 21 August 2004 grenade attack on an Awami League (AL)...
New strategies suggested for pvt investments
A recent white paper on the national economy of Bangladesh has revealed that private investment in the country has remained stagnant at around 23-24 per cent of GDP over the past decade, hindered by...
10 banks technically bankrupt
The draft of the White Paper on the State of Bangladesh’s Economy, submitted to the Chief Adviser on Sunday, states that all 10 banks identified as “distressed” by the regulator are technically bankrupt and...
Fake economic optimism under AL rule exposed
The White Paper on Bangladesh’s economy revealed that the Awami League government had portrayed an artificially optimistic view of the economy, rather than reflecting the true situation. Head of the White Paper Committee Dr...
Mongla Port set for major upgrade with Tk40.68b investment
Staff Reporter : The Mongla Port Authority (MPA) is moving ahead with plans to upgrade the Mongla seaport, with the aim of reviving a stalled project previously funded by China. The interim government, which...