Bangladesh’s foreign exchange reserves stood at US$37.11 billion (gross), according to the latest data released by Bangladesh Bank (BB) today (Thursday). The country’s gross foreign exchange reserves reached US$37.11 billion, while reserves calculated under the IMF’s BPM6 methodology stood at US$32.31 billion, BSS reports.
Read More »ILO country director praises workers’ welfare, labour management in Dhaka EPZ
DHAKA, July 16, 2026 (BSS) – International Labour Organization (ILO) Country Director for Bangladesh Max Tunon has praised the workers’ welfare facilities and labour management practices at the Dhaka Export Processing Zone (Dhaka EPZ). He also expressed optimism that the long-standing partnership between the International Labour Organization (ILO) and the …
Read More »Excess supply keeps egg price low for months
Egg farmers have been making losses almost continuously since December 2025. In the last seven months, eggs were sold at a profit only in one month, May 2026. The price has been low as egg production has been higher than consumer demand. When the price of eggs was high, many …
Read More »Bangladesh, Indonesia eye cooperation in halal food sector
Bangladesh and Indonesia have agreed to strengthen cooperation in the halal food sector as part of broader efforts to expand collaboration in the halal ecosystem and agriculture. The understanding came during a meeting between Bangladesh Ambassador to Indonesia Md Abul Hasan Mridha and Putu Rahwidhiyasa, Director of Sharia Business and …
Read More »Generative AI’s power sparks fears of dumbing humans down
Generative AI chatbots capable of writing emails and computer code, translating, organising a trip or coming up with gift ideas are now readily available, prompting some to ask whether human brainpower could suffer for lack of use. A simple natural-language prompt is usually enough to draw a useable response from …
Read More »BPPA begins 5-day e-GP training to boost public procurement
The Bangladesh Public Procurement Authority has continued its nationwide training programme on the electronic Government Procurement, e-GP system, as part of its ongoing efforts to strengthen the capacity of key public procurement stakeholders. Under a decentralised training strategy, the BPPA is organising e-GP training courses at different venues in Dhaka …
Read More »NBR asks BB to make BIN must for business bank accounts
The National Board of Revenue asked the Bangladesh Bank to make value added tax registration, or business identification number, mandatory for opening and operating all business current and short-term deposit accounts as part of efforts to expand the VAT net and increase revenue collection. In a letter sent on Monday, …
Read More »US inflation cools in June before renewed Mideast fighting
US consumer inflation cooled more than expected in June as energy costs fell on a temporary easing of the US-Iran war, government data showed Tuesday, but renewed hostilities could stoke price pressures. The consumer price index (CPI) rose by 3.5 percent on a year-on-year basis in June, down from a …
Read More »Invest Bangladesh Bill passed, four agencies to merge
The Jatiya Sangsad yesterday passed the Invest Bangladesh Bill, 2026, paving the way for the creation of the Invest Bangladesh Authority as the country’s single investment promotion agency. The bill, moved by Salahuddin Ahmed, minister in charge of the Prime Minister’s Office and minister for home affairs, was passed by …
Read More »Foreign-owned firms get easier access to external loans
Bangladesh Bank eased regulations on external borrowing by fully foreign-owned industrial enterprises, allowing them to access loans from parent companies, associates, and shareholders abroad under a general authorisation framework. According to a circular issued yesterday, eligible manufacturing and service-sector enterprises operating both within and outside specialised zones, including export processing …
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