Bangladesh is likely to face more hurdles in the race to grab a bigger share of the global apparel market as the Indian government plans to step up its financial assistance to garment exporters.
For Bangladesh, it is no longer the question of whether the economy is destined for a hard landing or a glide to a flat state; rather the question now is how deep the descent will be.
The Bangladesh Cold Storage Association (BCSA) has requested the government to suspend potato imports to protect the country’s farmers from a financial disaster.
The government has decided to issue Tk 3,000 crore worth of sukuk, a Shariah-compliant bond, in March to fund the construction of bridges to connect rural roads.
The Bangladesh Bank issued a roadmap for scheduled banks to implement an expected credit loss (ECL) methodology-based provisioning system that aligns with international financial reporting standards by 2027.
Denmark’s IFU will invest $12.5 million in pharmacy chain AKS Khan Pharmaceuticals for the expansion of the latter’s network, targeting to cater to 8 million patients annually within three years.
In addition to its lush tea gardens and the breathtaking view of the majestic Kanchenjunga, blooming tulips have emerged as another jewel in Panchagarh’s winter landscape -- but only as a tourist attraction, as farmers struggle to maintain cultivation and earn a profit.
The World Bank (WB) will provide Bangladesh with an additional $30 million to help the country build up its power transmission network in eastern regions.
Around 2,500 to 3,000 hectares of cultivable land are converted and used for non-agricultural purposes every year in Bangladesh, raising serious concerns about future food security, according to experts and stakeholders.
As much as $670 million (around Tk 8,174 crore) from slow-moving World Bank-funded projects will be repurposed, with most of the funds going towards budget support as the government looks to navigate the narrow fiscal space amid a slowing economy.
Considering the sheer volume of Beximco’s debt, the government does not think it’s feasible to reopen the textile and garment factories that were taken out of production by the group, Labour Adviser Brig Gen (retd) M Sakhawat Hussain said yesterday.
During a job interview, Hassan, an MBA graduate, confidently highlighted his unique strengths as being his versatile skills and strategic thinking. However, when asked about specific skills like coding, data analytics, or AI, he conceded that he had not mastered any.
Chief Adviser Yunus told Sulayem that Bangladesh wants to make Chittagong port more efficient and build more ports along the coast of the Bay of Bengal.
Edible oil refiners have withdrawn a decision to increase prices of soybean and palm oil before Ramadan. .On January 21, the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association wrote a letter to the commerce secretary, informing that they would not be increasing the
The Bangladesh Agro-Processors' Association submitted a memorandum to the NBR
The DAE has undertaken a new plan to produce safe food
Bangladesh Bank will float it in March this year
Solar overtook coal in the European Union’s electricity production in 2024, with the share of renewables rising to almost half the bloc’s power sector, according to a report released Thursday.
Donald Trump’s recent threat to impose 25 percent tariffs on Canada and Mexico is a negotiating tactic, the president’s long-time informal economic advisor argued Wednesday.
The comments marked a rare instance of a split between the world's richest man and Trump, with Musk playing a key role in the newly installed administration after spending $270 million on the election campaign.
As part of his flurry of first-day actions, US President Donald Trump took aim at electric vehicles, a cornerstone of the Biden administration’s climate change agenda.
President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence led by Japanese giant Softbank, cloud giant Oracle and ChatGPT-maker OpenAI.
US President Donald Trump’s decision to withdraw from a global minimum tax agreement on his first day in office has unnerved EU officials, who expressed “regret” over the move.
Sri Lanka’s consumer price inflation dropped to minus 2 percent year-on-year in December after easing to minus 1.7 percent in November, official data showed on Tuesday, as the country posted a strong rebound from its worst financial crisis in decades.
Business delegations of the two nations sat in a meeting today at the FBCCI
Eastland Insurance PLC recently organised the “38th Annual Branch Managers’ Conference-2025” at the DCCI auditorium in the capital’s Motijheel.
Panasonic, a technology company with over 65 years of expertise in manufacturing air conditioners (ACs), yesterday launched its new range of inverter AC line-up, the KU series, manufactured in Bangladesh..The new models are customised to suit local needs and are available in 1.0, 1.5, and
Master Builder Limited, a real estate company in Bangladesh, celebrated its 28th anniversary at the Army Golf Club in Dhaka on Tuesday..Maj (retd) Shibbir Ahmad Khan, managing director of the realtor, inaugurated the celebration, said a press release..In an effort to ensure environme
Haier, a leading home appliances brand in the world, organised its “Partner Meet-2025” in Bangladesh yesterday..The event brought together key stakeholders, distributors, and business partners from across the country..Wang Xiangjing, deputy managing director of Haier Bangladesh Ltd,
BRAC launched the Kaiser and Wendy Zaman Fellowship today in an attempt to better the lives of girls aged 10-19 who have dropped out of secondary education
Speakers highlighted the need for awareness campaigns, workshops, and public education to address the growing threat of online violence against women
The interim government is going to send teams to Dubai and other tax havens to identify Bangladeshis’ ill-gotten assets abroad and bring the money back.
Global unemployment remained steady last year at an historical low of 5 percent, where it is set to stay in 2025, the International Labour Organization said in a report on Thursday.
When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.
Migrant Bangladeshis sent home $2.39 billion in October
The price of potatoes has begun an upward climb in the market
Based on the compilation of media reports on bank scams between 2008 and 2023, CPD said as much as 92 thousand crores of taka have been siphoned out of the banking sector in the last fifteen years
How can Bangladesh avoid the economic crisis to deepen further?
Premier Bank PLC recently organised the “Sub-Branch & Islamic Window Conference-2025” at the bank’s head office in Dhaka..Mohammad Abu Jafar, managing director and CEO of the bank, attended the conference as the chief guest, the bank said in a press release..Commenting on the event,
First Security Islami Bank PLC held the 285th meeting of the Board of Directors at its head office in the capital’s Gulshan on Wednesday..Mohammad Abdul Mannan, chairman of the bank, presided over the meeting, the bank said in a press release..Md Azizur Rahman, vice-chairman of the b
Eastern Bank PLC (EBL) has signed a partnership agreement with Nou Kollan Foundation Trading Company Limited (NKFTCL), a welfare enterprise of Nou Kollan Foundation of Bangladesh Navy, to work jointly on environmental sustainability and community support in the Bhashanchar coastal regions of Ban
Dhaka Bank PLC recently signed a partnership agreement with Sheba.xyz, the largest online service marketplace in Bangladesh..HM Mostafizur Rahaman, senior executive vice-president and head of the retail business division of the bank, and Ilmul Haque Sajib, managing director of Sheba Fintec
Pubali Bank PLC and IFAD Motors Limited, a concern of IFAD Group, signed an agreement recently facilitating a 24-equal monthly instalment facility for credit cardholders on Royal Enfield motorcycle purchases..Md Shahnewaz Khan, deputy managing director of the bank, and Taskeen Ahmed, manag
The NBR has allowed potato imports through nine more customs stations along with four existing ones
Under the banner, "Saint Martin's Island Environment and Tourism Protection-Development Alliance", the businesses made the demand at a press conference organised at the Economic Reporters Forum (ERF) auditorium at Paltan today
They made the demand at a press conference at the Capital Market Journalists’ Forum (CMJF) office in Dhaka.
