Five major development projects funded by the Japan International Cooperation Agency (JICA) have hit a standstill due to bureaucratic complications and indecision, leaving thousands of crores of taka worth of works in limbo. The Economic Relations Division (ERD), in its latest meeting, expressed serious concern over the stagnation of projects …
Read More »If political stability prevails, economy to perform better: BB governor
Bangladesh Bank Governor Ahsan H Mansur has said that the overall economic condition of the country remains stable and if political stability prevails, the economy would perform even better in the coming days. Mansur made these remarks while speaking as the chief guest at a regional seminar on MFI-Bank Linkage, …
Read More »ADB to organise seminar on business opportunities
The Asian Development Bank will organise a Business Opportunities Seminar (BOS) on November 12, 2025 at the Bangladesh China Friendship Conference Center in the capital. The BOS will be held in Dhaka with active support from the Economic Relations Division in collaboration with relevant government agencies. The BOS will highlight …
Read More »China halts export ban to US of some ‘dual use’ materials: ministry
China suspended an export ban to the United States that had targeted gallium, germanium and antimony, metals crucial for modern technology, including semiconductors, Beijing’s commerce ministry announced Sunday. The restrictions banned the export of so-called “dual-use” goods, materials that can have both civilian and military applications. Imposed in December 2024, …
Read More »Govt to import 50,000 tonnes of non-basmati rice from India
The government is going to buy 50,000 tonnes of non-basmati rice from an Indian supplier to build public food stocks, according to a decision of the Advisory Committee on Government Purchase today. The Madhya Pradesh-based M/S Gurudeo Exports Corporation Pvt Ltd will supply the staple grain at $356.78 per tonne. …
Read More »COP30 Summit: More than $5.5 billion announced for TFFF
During a lunch at the Belém Climate Summit, President Lula received leaders from over 30 countries, the UN Secretary-General, and a representative from the World Bank on Friday at the COP30 Leader’s Summit, in Belém. The Tropical Forest Forever Facility (TFFF) was officially launched during a high-level event with leaders …
Read More »Paris accord will defeat fossil fuels – eventually
The transition to green energy is messy, contradictory and too slow. It’s roughly a decade since 195 countries struck the Paris Agreement, opens new tab at the United Nations’s 21st Conference of the Parties (COP) in France, pledging to hold the average global temperature to “well below 2 degrees Celsius …
Read More »Interest payments ate up one-fifth of total budget in FY25
Bangladesh spent a record Tk 134,430 crore ($15.7 billion) on interest payments in fiscal year (FY) 2024-25, equivalent to one-fifth of total budget expenditure, according to the latest report from the Finance Division. Remarkably, this nearly matches the allocation for development projects under the Annual Development Programme, which stood at …
Read More »Govt to buy 8,000 tonnes of lentil, 10,000 tonnes of sugar
The government has decided to buy 8,000 tonnes of lentil at Tk 76.64 crore and 10,000 tonnes of sugar at Tk 160 crore for the Trading Corporation of Bangladesh. The lentil will be purchased from Agrigo Trading Pvt Ltd of Chennai in India at a rate of Tk 100.8 a …
Read More »Shrimp exports to face significant competition after LDC graduation
Shrimps, popularly referred to as “white gold” due to being one of Bangladesh’s most valuable export items, may face significant pressure from competitor nations after the country graduates from Least Developed Country (LDC) status in 2026. After graduating to a developing country, the nation will be required to remove subsidies …
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