World Bank (WB)

WB to give $300m for clean air project

Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan yesterday announced that the World Bank will provide USD 300 million to support the Bangladesh Clean Air Project (BCAP).

World Bank approves $650m to help develop Bay Terminal

The Bay Terminal, the biggest expansion project in the Chattogram port’s history, made major progress as the World Bank’s board of executive directors approved a $650 million loan on Friday to finance the dredging of the access channel and construction of the breakwater.

World Bank approves $650 million to help Bangladesh develop Bay Terminal

The World Bank approved $650 million on Friday to help Bangladesh construct the breakwater of Bay Terminal, a mega expansion project of Chattogram port.

Opinion / We need humility, not hubris, to turn the economy around

While a privileged minority, sitting in their high castles, continue to enjoy a larger and larger share of the fruits of “development,” it is becoming obvious that the vast majority are increasingly struggling.

WB to give $400m loan, $300m grant for Rohingya, hosts

World Bank (WB) yesterday approved two projects totalling $700 million to provide basic services and build disaster and social resilience for both the displaced Rohingya population in Bangladesh and the host communities.

Over 70% public projects not completed on time

As per the World Bank’s report on corruption in South Asian countries, almost 71 percent of the firms in Bangladesh are expected to give gifts to get an import licence, 42.5 percent to get a construction permit and 42 percent to get government contracts.

WB criticises tax provision on legalising black money

At present, taxpayers show their undisclosed assets in their tax returns through investment in apartments, buildings and economic zones and high-tech parks.

Bangladesh lost Tk 2 lakh crore in potential VAT

The WB measured VAT losses based on an analysis of the VAT gap -- an estimate of the overall difference between theoretical VAT revenue and the amount actually collected.

World Bank set to issue up to $1 billion in debut hybrid note this year

The World Bank is looking to issue up to $1 billion in a debut hybrid note on capital markets this year, a senior executive told Reuters

September 30, 2024
September 30, 2024

WB to give $300m for clean air project

Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan yesterday announced that the World Bank will provide USD 300 million to support the Bangladesh Clean Air Project (BCAP).

June 30, 2024
June 30, 2024

World Bank approves $650m to help develop Bay Terminal

The Bay Terminal, the biggest expansion project in the Chattogram port’s history, made major progress as the World Bank’s board of executive directors approved a $650 million loan on Friday to finance the dredging of the access channel and construction of the breakwater.

June 29, 2024
June 29, 2024

World Bank approves $650 million to help Bangladesh develop Bay Terminal

The World Bank approved $650 million on Friday to help Bangladesh construct the breakwater of Bay Terminal, a mega expansion project of Chattogram port.

June 13, 2024
June 13, 2024

We need humility, not hubris, to turn the economy around

While a privileged minority, sitting in their high castles, continue to enjoy a larger and larger share of the fruits of “development,” it is becoming obvious that the vast majority are increasingly struggling.

May 29, 2024
May 29, 2024

WB to give $400m loan, $300m grant for Rohingya, hosts

World Bank (WB) yesterday approved two projects totalling $700 million to provide basic services and build disaster and social resilience for both the displaced Rohingya population in Bangladesh and the host communities.

May 13, 2024
May 13, 2024

Over 70% public projects not completed on time

As per the World Bank’s report on corruption in South Asian countries, almost 71 percent of the firms in Bangladesh are expected to give gifts to get an import licence, 42.5 percent to get a construction permit and 42 percent to get government contracts.

April 4, 2024
April 4, 2024

WB criticises tax provision on legalising black money

At present, taxpayers show their undisclosed assets in their tax returns through investment in apartments, buildings and economic zones and high-tech parks.

April 3, 2024
April 3, 2024

Bangladesh lost Tk 2 lakh crore in potential VAT

The WB measured VAT losses based on an analysis of the VAT gap -- an estimate of the overall difference between theoretical VAT revenue and the amount actually collected.

April 2, 2024
April 2, 2024

World Bank set to issue up to $1 billion in debut hybrid note this year

The World Bank is looking to issue up to $1 billion in a debut hybrid note on capital markets this year, a senior executive told Reuters

April 2, 2024
April 2, 2024

Bangladesh can raise three times more VAT if policy and compliance gaps addressed: World Bank

The recently updated Income Tax Act (2023) is an opportunity to increase income tax collection by expanding the tax base through improved compliance and tax services, it said in its Bangladesh Development Update report