Growth to stay below 4% until FY28 on energy, banking woes
15 MIN(s)
Bangladesh is yet again set to register weak economic growth of 3.4 percent in the current fiscal year, according to the World Bank, marking a fourth straight year of slowing growth amid a deepening energy crisis, financial sector vulnerabilities and global uncertainties.
15 MIN(s)
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
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
ADP implementation off to a slow start
Development expenditure fell 17.64 per cent year-on-year in July as the coronavirus pandemic continued to hammer the economy, official data showed.
2 September 2020
Govt to buy LNG from spot market for the first time
The government has decided to buy liquified natural gas (LNG) from the spot market for the first time – a move that would help the country purchase the super-chilled fuel at a cheaper rate, officials said yesterday.
2 September 2020
Costs of 4 projects revised upwards by 73pc
The combined cost of four development projects went up by 72.84 per cent after the government yesterday revised upwards their allocation and extended deadlines.
1 September 2020
Remittance keeps rising despite pandemic headwinds
Migrant workers who toil abroad have once again beat forecasts, sending home 36 per cent higher remittance in August, in a respite for their families as well as the ailing economy amid the coronavirus pandemic.
1 September 2020
Inflation ticks up in August
Inflation has risen by 15 basis points to 5.68 per cent in August, led by an increase in prices of food items, official figures showed yesterday.
1 September 2020
Cars ‘made in Bangladesh’ on the way
With just a year or so to go for golden jubilee celebrations of independence, Bangladesh is on its way to marking an epoch in history by manufacturing its own brand of automobiles with assistance from Japan.
31 August 2020
Plans for a deep seaport at Sonadia nixed
The government has officially scrapped its plan to build a deep seaport in Cox’s Bazar’s Sonadia out of environmental concerns, said the cabinet secretary yesterday.
31 August 2020
ADB adjusts financing plan to speed up Bangladesh’s economic recovery
The Asian Development Bank has redesigned its financing plan in Bangladesh for the next three years in the wake of the coronavirus pandemic to help the country spring back from the economic whiplash faster.
29 August 2020
BB eases credit rules for exporters
The Bangladesh Bank has relaxed rules on securing funds from pre-shipment credit schemes and the Export Development Fund so that exporters can avail soft loans to expedite shipments and make their international business more competitive.
27 August 2020
Linking Bhola with Barishal: Japanese firm to build bridge
A Japanese company is likely to build a bridge over the Tentulia and Kalabadar rivers to connect island district Bhola with Barishal under a Public Private Partnership (PPP) initiative.
27 August 2020
Govt to draft law to incorporate digitalisation of banking
The government has moved to amend the 129-year old Bankers’ Books Evidence Act to make it time-benefiting in keeping with the massive changes in the banking sector triggered by technological advancement.
27 August 2020
Lack of data hinders Bangladesh’s SDG progress monitoring
Data about a quarter of the indicators needed to monitor Bangladesh’s progress on the Sustainable Development Goals (SDGs) are readily available, exposing the challenges the country faces in finding out how it is faring in attaining the Vision 2030, an official report said.
27 August 2020
Padma bridge not before June 2022
The deadline for finishing the Padma bridge is going to be extended by more than a year largely due to the pandemic.
26 August 2020
Yet another round of low-cost funds on the cards for garment exporters
The government may consider another stimulus package for garment exporters such that they can pay workers’ wages of August, said Finance Minister AHM Mustafa Kamal yesterday.
26 August 2020
Two more projects see allocation increase
The government has revised upwards the allocation for two projects at a time when it is strict about approving funds amid drastic fall in revenue because of the coronavirus pandemic.
25 August 2020
Garment factories in SME category to get cash incentive
The government has extended policy support to garment exporting factories falling under the small and medium enterprise (SME) category to improve their competitiveness during this time of the coronavirus pandemic.
25 August 2020
Expenses tightened for ministers, civil servants
Cabinet ministers cannot spend more than $700 in entertainment purposes and $250 for other expenses during their official trips abroad as the government has moved to consolidate its expenditures under development and revenue budgets.
25 August 2020
Revenue collection, exports disappoint while reserves, remittance shine last fiscal year
Record remittance earnings and foreign currency reserves are among a few positive takeaways for the government in an otherwise painful fiscal year as the devastating coronavirus pandemic pushed revenue collection to an unprecedented fall and exports to collapse.
24 August 2020
8 state banks still account for a disproportionate share of classified loans
Classified loans in the banking sector rose 3.9 per cent quarter-to-quarter to Tk 96,117 crore in June largely because of a higher volume of risky assets at private and state-run specialised lenders.
24 August 2020