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It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange. Established in 1995, the exchange is located in the Agrabad business district in downtown Chittagong. [2] It has a combined market capitalization of over US$ 38 billion as of 2020. [1]
The Dhaka City Corporation was dissolved by the Local Government (City Corporation) Amendment Bill 2011 on 29 November 2011, passed in the Parliament of Bangladesh, and formally ceased to exist on 1 December 2011, following the President's approval, [3] making way for a Dhaka North and a Dhaka South city corporations. [4]
The Bangladesh Economic Zones Act of 2010 created the Bangladesh Economic Zones Authority (BEZA) under the Prime Minister's Office. It was intended to accelerate economic growth by overseeing the development of 100 new economic zones by 2025.
According to the project map, there will be 10 bridges, but no tender to this effect was floated. Only 15 kilometer roads inside the project have been completed out of 140 kilometers in the sectors 1, 4, 5, 11, and 17. The handing over of plots in the sectors 4, 5 and 17 has been started.
Bangladesh Sangbad Sangstha (BSS), the official government-owned news agency of Bangladesh, was created on 1 January 1972 from the Dhaka bureau of the state-owned. Abul Kalam Azad , who was formerly Prime Minister Sheikh Hasina 's press secretary, became its chief editor in 2014. [ 32 ]
The five metro lines were MRT Line 1, MRT Line 2, MRT Line 4, MRT Line 5 and MRT Line 6. The budget for MRT Line 1 was set at ৳52,561.43 crore of which Japan International Cooperation Agency agreed to finance 75%. Construction of the line is targeted for December 2026. [4] In 2019, the government finalized the construction project of the line ...
The MRT Line 4 (Bengali: এমআরটি লাইন ৪) of Dhaka Metro Rail is a proposed mass rapid transit line, stretching from the city's main railway station to the Bandar Upazila. This line is scheduled to be completed by 2030 and will be operated by the Dhaka Mass Transit Company Limited (DMTCL).
In response to allegations of embezzlement, the Russian Embassy in Dhaka issued a press release on 11 September 2024, clarifying that as of 3 September 2024, approximately US$7.3 billion of the US$11.38 billion export credit (set to expire on 31 December 2024) and US$491.3 million out of the US$500 million export credit (which expired in 2017 ...