Economy

Economy

Banking reforms, tackling climate change: ADB, WB approve over $1.5b

The Asian Development Bank has approved a $900 million loan to help Bangladesh reform its banking sector and strengthen its resilience to the impacts of climate change.

13h ago

SWISS Banks: Funds linked to Bangladesh hit 3-year high

Jumped to 589.5m francs in 2024 from 17.7m the previous year

14h ago

US buyers delay apparel orders over pending tariff call

Local apparel makers are seeing delays in the confirmation of work orders for the next summer season, as US retailers and brands wait for the final decision on reciprocal tariffs by the US administration, expected in early July.

14h ago

Govt unveils new renewable energy policy

The government has updated the Renewable Energy Policy after 17 years, aiming to produce at least 20 percent of the national power demand from green sources by 2030.

14h ago

WB offers first loan guarantee for LNG purchase

For the first time, the World Bank, which traditionally provides development project loans and budgetary support, has extended its assistance through a guarantee facility to support Bangladesh in purchasing liquefied natural gas (LNG), aiming to ease pressure on the country’s foreign exchange reserves.

14h ago

Starlink users report smooth service, minor issues

Early users of Starlink, the satellite internet service recently launched in Bangladesh, have expressed satisfaction over its high-speed and stable connection.

14h ago

Govt to form panel for long-term financing from stock market

A joint committee will be formed soon to explore avenues for long-term financing from the capital market, establish a vibrant bond market, and reduce excessive reliance on bank loans.

14h ago

ICAB terms ICMAB’s claims ‘misleading and unprofessional’

Chartered accountants yesterday described the claims by cost and management accountants regarding audit rights as “misleading and unprofessional”.

14h ago

Banking reforms, tackling climate change: ADB, WB approve over $1.5b

The Asian Development Bank has approved a $900 million loan to help Bangladesh reform its banking sector and strengthen its resilience to the impacts of climate change.

13h ago

SWISS Banks: Funds linked to Bangladesh hit 3-year high

Jumped to 589.5m francs in 2024 from 17.7m the previous year

14h ago

Starlink users report smooth service, minor issues

Early users of Starlink, the satellite internet service recently launched in Bangladesh, have expressed satisfaction over its high-speed and stable connection.

14h ago

WB offers first loan guarantee for LNG purchase

For the first time, the World Bank, which traditionally provides development project loans and budgetary support, has extended its assistance through a guarantee facility to support Bangladesh in purchasing liquefied natural gas (LNG), aiming to ease pressure on the country’s foreign exchange reserves.

14h ago

Govt unveils new renewable energy policy

The government has updated the Renewable Energy Policy after 17 years, aiming to produce at least 20 percent of the national power demand from green sources by 2030.

14h ago

US buyers delay apparel orders over pending tariff call

Local apparel makers are seeing delays in the confirmation of work orders for the next summer season, as US retailers and brands wait for the final decision on reciprocal tariffs by the US administration, expected in early July.

14h ago

BSEC rejects Mir Akhter’s preference share proposal

The Bangladesh Securities and Exchange Commission (BSEC) has rejected the application of Mir Akhter Hossain Ltd, a construction company, to raise Tk 250 crore by issuing preference shares, according to a disclosure on the Dhaka Stock Exchange website.

14h ago

Be kind, not blind!

Eid-ul-Azha was meant to be a lesson in sacrifice, empathy, generosity, and humility. But in our version, it often turns into a festival of flexing, where the size of your cow somehow reflects your spirituality, and the price tag gets more attention than the prayer.

14h ago

ICAB terms ICMAB’s claims ‘misleading and unprofessional’

Chartered accountants yesterday described the claims by cost and management accountants regarding audit rights as “misleading and unprofessional”.

14h ago

Govt to form panel for long-term financing from stock market

A joint committee will be formed soon to explore avenues for long-term financing from the capital market, establish a vibrant bond market, and reduce excessive reliance on bank loans.

14h ago