The government is exploring alternative sources of financing to restructure the country’s financing framework, while foreign investors are showing growing interest in Bangladesh’s capital market, said Finance and Planning Minister Amir Khosru Mahmud Chowdhury. He said several major foreign fund managers, including US investment banking giants JPMorgan and Goldman Sachs, …
Read More »Govt takes Tk 17cr project to modernise Sholakia Eidgah: PM
Prime Minister Tarique Rahman today said the government has undertaken a project of Taka 17 crore for modernizing historic Sholakia Eidgah Maidan before next Eid congregation. “On the occasion of the 200th anniversary of the historic Sholakia Eidgah Maidan, the government has undertaken the project for comprehensive development of the …
Read More »Adamjee EPZ sets sight on $1.5b export mark
Once home to the loss-making Adamjee Jute Mills, the abandoned industrial land at Siddhirganj has been transformed into one of Bangladesh’s key export and employment hubs. Adamjee Export Processing Zone (EPZ) exported goods worth $1.179 billion in FY2025-26, crossing the $1-billion mark for the second consecutive fiscal year, according to …
Read More »Bangladesh, Lithuania eye cooperation in ICT, cyber security, fintech
Bangladesh and Lithuania have identified new opportunities for cooperation in information technology, cyber security and fintech to deepen bilateral trade and investment ties. The possibilities were discussed at a meeting between Commerce Minister Khandaker Abdul Muktadir and Lithuania’s non-resident Ambassador to Bangladesh Diana Mickevičienė at the secretariat on Sunday. Commerce …
Read More »Pvt entity ARD proposes 6,000 micro-economic zones across Bangladesh
A privately owned organisation, Architecture Research and Development (ARD), has proposed establishing 6,000 micro economic zones across Bangladesh to boost local production, entrepreneurship, employment, food security and climate resilience. It plans to implement the proposed zones through a public-private partnership (PPP) with government support. Architect Shamsunnahar Munni outlined the proposal …
Read More »Startup Bangladesh launches Tk 4b Fund of Funds to attract local, global capital
Startup Bangladesh Limited (SBL) has launched the Tk 4 billion Bangladesh Fund of Funds to mobilise local, international and development capital for the country’s startup ecosystem. The government-backed initiative opened with a Request for Expression of Interest (REOI) at a programme held at the ICT Division in Dhaka on Sunday. …
Read More »Government forms 12-member committee to address tea sector problems, ease loan terms
The government has taken steps to resolve the ongoing crisis in Bangladesh’s tea industry and ensure easier access to loans for garden owners. 12-member monitoring and advisory committee, headed by the commerce minister, has been formed for the purpose, according to a gazette notification issued by the Prime Minister’s Office …
Read More »BB relaxes cash margin requirement for fruit imports
Bangladesh Bank (BB) has relaxed the cash margin requirement for opening letters of credit (LCs) for fruit imports, replacing the existing 100 percent cash margin requirement with a margin to be determined by banks based on their relationship with customers. The central bank issued the instruction in a circular today …
Read More »Ensure proper use of fallow, single-crop lands in Sylhet: minister
Fallow and single-crop lands in Sylhet should be brought under cultivation, while drainage and irrigation systems need to be improved and the cultivation of new and non-traditional crops expanded to ensure fuller utilisation of the land, Commerce Minister Khandakar Abdul Muktadir said today. The minister said the maximum utilisation of …
Read More »Govt asks officials to use AI with caution
The government has instructed government officials to exercise utmost caution while using artificial intelligence (AI) tools for official work, warning that careless use could result in the unauthorised disclosure or transfer of sensitive and confidential government information to third parties. In a notice issued recently, the Cabinet Division said the …
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