Bangladesh Bank Governor Dr Ahsan H Mansur said on Wednesday that recovering laundered money from abroad is a lengthy process and may take four to five years owing in large part to legal countermeasures expected to be taken by the accused. Dr Mansur made the remarks while talking to reporters …
Read More »BSC to buy 22 mother vessels to boost maritime trade
The Bangladesh Shipping Corporation, the state-owned maritime operator, is preparing a landmark plan to procure 22 mother vessels worth Tk 10,000 crore, aiming to strengthen the nation’s control over seaborne foreign trade. If implemented over the next five years, the initiative will significantly expand the presence of Bangladeshi-flagged ships in …
Read More »Yunus for fraudulence free system to send workers abroad
Citing that Bangladesh was facing a deep and complex crisis in overseas employment due to entrenched broker syndicates, document forgery and systemic failures, chief adviser Muhammad Yunus on Wednesday put emphasis on building a broker and fraudulence free system in sending workers abroad. ‘Overseas migration has become dangerously entwined with …
Read More »Bangladesh RMG exports to EU under strain
Bangladesh and most other major apparel-exporting countries witnessed a substantial decline in readymade garment exports to the European Union countries in October 2025, according to Eurostat data. All ten top RMG exporters experienced declines in exports. In contrast, the EU’s imports from global sources declined by 14.55 per cent to …
Read More »Govt unveils new 5-year plan to bolster fiscal governance
The Finance Division under the finance ministry has launched its third Public Financial Management (PFM) Reform Strategy, a five-year plan designed to shift fiscal governance from system-based reforms to outcome-driven accountability and service delivery. For the first time, the plan mainstreams climate-smart PFM, gender-responsive budgeting, and sector-specific reforms in health, …
Read More »Target eight sectors to repair macroeconomic fault lines
The country’s largest employer, agriculture, is stuck at low value-addition, presenting a litmus test for the nation’s diversification push for future growth ahead of its graduation from the least developed country club next year. In number, the farming sector in Bangladesh employs 44 percent of the workforce, while 75 percent …
Read More »Farmers struggle to buy non-urea fertilisers at govt rates
Farmers pay Tk 200–600 above rates Dealers accused of hoarding, overpricing fertiliser Road blockades staged, shops vandalised by farmers Watermelon growers struggle amid severe shortages From the Aman paddy season to the current winter vegetable cultivation, farmers in many districts have been unable to purchase fertilisers at government-fixed prices. Farmers …
Read More »Energy efficiency saved $3.3b in FY24
Efficiency saved Bangladesh $3.3 billion Fossil fuel imports cut seven million tonnes Industry upgrades boosted energy efficiency nationwide Stronger enforcement needed to sustain future gains Bangladesh saved an estimated $3.3 billion in energy costs in a single year by using electricity and fuel more efficiently across homes, factories and the …
Read More »Govt seizes Tk 66,146cr in assets of 10 businesses, Hasina family
Government seized assets worth Tk 66,146 crore Ten major business groups under investigation 104 lawsuits filed, verdicts in four Law amendment planned to strengthen recovery The interim government has so far seized assets worth Tk 66,146 crore allegedly owned by 10 major business groups and members of the family of …
Read More »Four major trade orgs to seek review of three amended provisos
Four major trade bodies in Bangladesh’s industrial realm seek a rethink on three key amended sections of the labour law as they believe such new provisos could adversely affect employment and hike the cost of doing business. As planned, the organisations will initially request the reigning interim government to scrap …
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