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Bangladesh needs to continue to execute its reform priorities under its national plans to maintain its growth trajectory and enhance macroeconomic stability amid uncertainties and rising inflation, said World Bank (WB) Vice President for South Asia Martin Raiser yesterday. He made the comment on concluding his maiden three-day visit to …

The Global Fund to Fight AIDS, Tuberculosis and Malaria will hold a donor conference Wednesday in New York, where it aims to raise at least $18 billion during an event hosted by US President Joe Biden. It is the highest ever “replenishment” goal set by the organization, and comes amid …

The country director of the Asian Development Bank (ADB) Edimon Ginting said the lender will continue to support the country’s rural and urban development and encourage investment in climate-resilient development. In line with the development goals of the government, about $2 billion in loan assistance is lined up for this …

Eight government Export Processing Zones (EPZ) of the country under the Bangladesh Export Processing Zones Authority (Bepza) did really well in terms of employment generation, export earnings, and investment in the last 2021-22 fiscal year (FY). The export earnings in FY2021-22 of the industries of EPZs hit all-time high growth …

Apparel export is likely to witness a negative growth in September after a positive streak of 14 months since August last year. According to the day-to-day export data, apparel export declined to $1.72 billion in the first 18 days of September, fetching a negative growth of 12.36%, from the same …

World Bank vice president for South Asia Region Martin Raiser sings the praise of Bangladesh’s constant progress which he bills a role model for many countries to follow. Officials said the visiting high official of the global development financier noted that Bangladesh is one of the highest recipients of World …

Chittagong port, the prime seaport of the country, earned a record Tk 35.85 billion in the last fiscal year of 2021-2022 (FY 22). After paying all the expenditure including charges, taxes and salaries of staff, the net income stood at Tk 10.75 billion. In the immediate past FY 2020-2021, the …

Bangladesh Bank yesterday issued guidelines for the rollout of green bonds to facilitate sustainable investment of banks and non-banks to tackle the adverse impacts of climate change. Lenders will be able to raise funds by issuing green bonds in the market in order to implement different types of projects which …

Six Bangladeshi companies have showed their interest to invest $457 million at Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram and Sabrang Tourism Park in Cox’s Bazar. They have prepared six investment proposals — one for the pharmaceuticals sector and the rest five for the hospitality sector. The economic zones’ authority …

Dhaka stocks inched up in the morning session today, stretching the gain to the fifth consecutive day. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 20 points, or 0.31 per cent, to 6,617 at 11:15 pm. Turnover at the premier bourse in Bangladesh stood at Tk …