Banking rot, energy crisis to choke growth: WB
11 HOUR(s)
Escalating conflict in the Middle East has exacerbated pre-existing domestic vulnerabilities
11 HOUR(s)
442MW Rampal solar power plant to get nod
6 October 2026
The government is set to construct a 442MW solar power plant at a cost of Tk 2,498 crore on the remaining land acquired for the coal-fired power plant in Rampal.
6 October 2026
Surplus liquidity at banks past Tk 4 lakh crore
5 October 2026
Surplus liquidity in the banking sector surged 45 percent over the past year to cross Tk 4 lakh crore, but the vast majority of the funds are parked in government treasury bills and bonds rather than trickling into private sector credit, according to a central bank report.
5 October 2026
Govt employees will get hiked pay this month, MPO teachers won’t
5 October 2026
Government officers and employees will receive four months’ salary under the new pay scale, including three months’ arrears, in the last week of this month, but teachers and staff under the MPO scheme, along with judges and judicial service employees, will have to wait longer.
5 October 2026
After 11 years, BPC gets Tk 4,500cr loan to buy fuel
30 September 2026
After an 11-year gap, the government is set to provide Bangladesh Petroleum Corporation (BPC) with a Tk 4,500 crore interest-free loan to help ensure uninterrupted fuel supplies.
30 September 2026
Govt eyes up to $1b from sovereign bond debut
27 September 2026
The government is considering issuing a sovereign bond of up to $1 billion to the international capital market to diversify its funding sources.
27 September 2026
45% of FY27 power, LNG subsidies spent in just 3 months
26 September 2026
The government had budgeted Tk 42,000 crore for electricity and LNG subsidies in the ongoing 2026-27 fiscal year, but it has already released nearly Tk 19,000 crore in the first three months.
26 September 2026
Inflation poised to return to 9%
24 September 2026
Bangladesh’s recent easing of inflation may prove short-lived, with higher fuel prices, the new public-sector pay scale, energy shortages, and persistent supply-side problems threatening to keep price pressures elevated.
24 September 2026
Covid-19 Stimulus Package: Disparity in disbursement
Implementation of government’s stimulus package, announced to absorb the economic shock from the coronavirus pandemic, saw a mixed progress as around 26 percent of the massive Tk 111,141-crore scheme was disbursed in four months till July.
28 September 2020
Covid-19 fallout: 68% lost jobs in Dhaka and Ctg
Around 68 percent of the people who had to stop working in urban areas of Dhaka and Chattogram due to the pandemic have lost their jobs, according to a World Bank report.
27 September 2020
Huge potential lies in electronic procurement
Despite some loopholes, the implementation of an electronic system for public procurement, replacing paper-based lengthy process, has been a boon for Bangladesh as it is saving millions of dollars and reducing time in the bidding process, the World Bank said.
26 September 2020
Govt procurement: Gifts, trips secure contracts
Bidders need to give bribes in the form of financial benefits, arrange trips and host dinners for government officials to win public procurement contracts, says a World Bank report.
23 September 2020
Ministries against holding back low-priority projects
The planning ministry has expressed dissatisfaction over a decision to put on hold implementation of low-priority projects.
22 September 2020
Chinese loan deals for four projects hopefully this year
With development projects losing steam for the ongoing pandemic and several months of shutdown, the Economic Relations Division (ERD) hopes to get four back on track by getting loan agreements signed with China this fiscal year.
22 September 2020
Govt serious about offloading shares of state banks: Kamal
The government has not discarded its plan to offload shares of several state-run banks, said Finance Minister AHM Mustafa Kamal.
19 September 2020
Credit growth rises despite pandemic
Banks managed to post 8.95 per cent credit growth in the last fiscal year despite a steep fall in business in the last quarter owing to the coronavirus pandemic.
17 September 2020
Cabinet okays plan to set up first waste-based power plant
The government yesterday gave its nod to a proposal to set up the country’s first ever waste-based power plant.
16 September 2020
ADP spending dips in August
Development expenditure dropped 10.18 per cent year-on-year to Tk 5,097.79 crore in August as activities are yet to pick up because of the lingering coronavirus pandemic.
16 September 2020
Bigger WB loan, currency devaluation increase urban resilience project cost
Government projects tend to witness increases in implementation costs for a myriad of reasons, including changes in design and land prices and tendering delays.
15 September 2020
Economy on path to gradual recovery
Bangladesh might have already started rebounding from the persisting coronavirus pandemic as the Asian Development Bank said the economy would see a gradual recovery in the first two quarters of the fiscal year.
15 September 2020
Biman may stay caged
The cabinet yesterday approved a draft law allowing the aviation ministry to keep its control over Biman, even though the national flag carrier was turned into a public limited company in 2007 to make it profitable.
14 September 2020
Exporters pin big hopes on Bhutan
Bangladesh’s exports to Bhutan would get a huge boost once the two sides sign the proposed preferential trade agreement, said exporters and experts yesterday.
14 September 2020
Banks’ deposits swell
Deposits at banks rose 10.49 per cent year-on-year to Tk 1,305,453 crore in the last fiscal year on the back of tightening of rules around national savings certificates, record flow of remittance and rebounding economic activities.
13 September 2020
BoP returns to black
Bangladesh’s balance of payments (BoP) returned to the black in July on the back of a sharp decline in imports and a rise in remittance and exports.
10 September 2020
State enterprises hand govt Tk 16,746cr of their surplus funds
State-owned enterprises have deposited Tk 16,746 crore to the national exchequer since laws were passed in the beginning of the year to make it mandatory for them to hand over the idle and surplus funds to the government.
10 September 2020
Govt plans handouts for the laid-off
A ray of hope has emerged for the laid-off, disabled and insolvent workers of export-oriented garment, leather and footwear manufacturing factories as the government has initiated a scheme to extend financial support to them.
8 September 2020
Credit growth makes a turnaround, pointing to green shoots
Bangladesh’s economic recovery from the devastating coronavirus pandemic has received a shot in the arm after both public and private sector credit growths rose sharply in July.
6 September 2020
LNG purchase from spot markets to cut costs by 27pc
Bangladesh would pay up to 27 per cent lower prices when it buys liquified natural gas (LNG) from Vitol Asia of Singapore on the spot market, compared to the payments it makes to the existing suppliers.
3 September 2020