Manufacturers welcome decision, say it will support investment, jobs

Bangladesh Krishi Bank (BKB) has written off agricultural loans worth more than Tk 604.81 crore for 709,679 small and marginal farmers under the government’s loan waiver programme, reducing their debt burden and restoring their access to formal credit.

Textile millers yesterday urged the government to introduce a special refinancing scheme for existing loans to export-oriented primary textile industries with a maximum interest rate of 5 percent.

Commercial banks have asked the Bangladesh Bank to exempt small and medium enterprise (SME) loans from its new 4 percent cap on interest rate spreads, arguing that these loans cost more to manage than other types of lending.

According to Petrobangla data, total gas supply was around 2,620 mmcfd against demand of nearly 3,800 mmcfd before the problem was detected on Tuesday

The Bangladesh Securities and Exchange Commission (BSEC) met with a visiting International Monetary Fund (IMF) technical assistance mission yesterday to discuss developing Bangladesh’s green and sustainability bond markets as part of efforts to strengthen sustainable finance.

Racing against a stopwatch, a group of women folds bedsheets as they train to join an Indian startup that offers instant home services, transforming a traditionally word-of-mouth sector and promising better pay.

At a meeting on alternative financing chaired by Finance Minister Amir Khosru Mahmud Chowdhury on June 20, the Bangladesh Bank governor proposed that the country’s first international sovereign bond should be a $50 million panda bond in China’s onshore market.

The Bangladesh Telecommunication Regulatory Commission (BTRC) has approved a stricter methodology for drive tests to assess the quality of service (QoS) provided by mobile operators to subscribers, aiming to strengthen consumer protection and make network evaluations more accurate.

The government plans to introduce a single online service system to simplify the approval process for the ship recycling sector.

Textile millers today urged the government to introduce a special refinancing scheme for existing loans to export-oriented primary textile industries with a maximum interest rate of 5 percent

The disruption has affected industries, power plants, and CNG (compressed natural gas) filling stations in different parts of the country

Commerce Minister Khandakar Abdul Muktadir today said an initiative is being taken to launch a single-service online system to reduce the complexity of the approval process in the ship recycling sector

The IMF delegation was led by Suphachol Suphachalasai, team leader of the Climate Policy Diagnostic Technical Assistance Mission

The leading chamber made the call through a letter to Shipping Minister Shaikh Rabiul Alam

Inward remittances of up to $20,000 can be credited without formal declaration requirements

There are also plans to privatise power distribution to ease the subsidy burden, he said

The UN CDP had earlier recommended approving Bangladesh’s request to defer its graduation from the LDC category from November 2026 to November 2029

A research centre for aquaculture was inaugurated in Mymensingh yesterday under the FoodTechBangladesh project, an initiative of Fishtech (BD) Ltd.

Bangladesh has the potential to achieve in a much shorter period the level of economic development that the Republic of Korea attained over the past 70 years, Kim Ji-Joon, the newly appointed South Korean ambassador to Bangladesh, said yesterday.