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Single bid marks 40pc of contracts

Dhaka, Aug. 1 -- Nearly half of the procurement contracts executed by the Central Medical Stores Depot (CMSD) during the 2023-24 fiscal year saw low bidder participation, raising concerns about compet... Read More


S Korea intends to begin with $6.0b in fresh ventures

Dhaka, July 29 -- Dhaka expects South Korean loans for nearly two dozen proposed development projects initially involving Tk 816.70 billion as the Asian country aspires to be a new financier of megapr... Read More


Youth festival project proposal returned without appraisal

Dhaka, July 26 -- The Planning Commission has returned a youth festival project proposal without initiating appraisal. Titled "Inspiring Youth for Nation Building through Organising Youth Festival," ... Read More


Unfinished power project faces probe over missing funds, lapses

Dhaka, July 24 -- A land acquisition project for the Patuakhali Thermal Power Plant, undertaken by Ashuganj Power Station Company Ltd (APSCL), was abruptly closed despite key components remaining unfi... Read More


Health project stumbles over plagiarism

Dhaka, July 21 -- The Planning Commission has flagged a proposed Tk 19.66 billion health project for plagiarism in its feasibility study, overlapping activities with another similar project, and incon... Read More


Govt seeks $300 million loan assistance from S Korea

Dhaka, July 19 -- The government is seeking $300 million in loan assistance from South Korea's Economic Development Cooperation Fund (EDCF) to upgrade 64 technical training centres (TTCs) and six inst... Read More


2.5-yr project sees 70pc progress in 11 years

Dhaka, July 17 -- A government project launched more than a decade ago to establish a technical school and college in 100 upazilas each has not finished yet, despite being scheduled for completion wit... Read More


Three science ministry projects to be axed to stop further fund drain

Dhaka, July 12 -- The Ministry of Science and Technology has sent a proposal to the Planning Commission to cancel the Bangabandhu Sheikh Mujibur Rahman Space Observatory project after spending Tk 62.2... Read More