Dhaka May 2, 2025, 9:47 am
The investment proposals from local and foreign entrepreneurs are expected to create 74,032 job opportunities in the country
The IMF mission will hold long discussion sessions with the NBR departments to know about the country’s present revenue and customs situation, before providing a $4.5 billion loan which Bangladesh is seeking from it
Completion of drilling may take two to three months. But finding new gas may take more than two years
Sustainability reporting, which is a standard that publicly discloses a company’s environmental, social, and governance practices, will be critical to this end
State agencies, including finance and commerce ministries, and central bank, are expected to sit for strategies tomorrow to choose a workable method
The government is also considering if Bangladesh Bank can introduce digital currency. Introduction of Central Bank Digital Currency (CDBC) will facilitate currency in virtual transactions and encourage startups and e-commerce
This work will be done jointly by the Financial Institutions Division and the Ministry of Law, Justice and the Parliamentary Affairs
Bangladesh has stopped procuring spot LNG cargoes since June and is considering purchasing more long-term supplies
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face
The minister said this while addressing virtually at the 7th Board of Governors meeting of the Asian Infrastructure Investment Bank (AIIB)
The country managed to export only $683.4 worth of goods to China in FY 2021-22, which was only 1.31 percent of the country’s total export volume
Officials of the Ministry of Finance said the global lender would hold meetings with various government departments during then visit slated to last till November 9
The countries are - the USA, UK, Canada, Singapore, Australia, Malaysia, UAE, Switzerland, Thailand, and Hong Kong (China)
The delegation will visit Bangladesh from October 26 to November 9 for discussions with the authorities on economic and financial sector reforms and policies
The overall generation and supply of electricity is yet to get back to normal since the day of major power disruption due to several reasons, including gas shortage, high prices of imported fuel oil and the still-faulty trans
The new rate of export bills will be effective from Monday, and the rate of remittance collections will be applicable from November 1
Cyclone Sitrang, production of Aman and Rabi crops, fertilizer stocks and other recent issues came up for discussion during the meeting
$1bn work orders cancelled for productivity loss. Mills get gas supply for 12hrs a day. Around 1,000 textile mills at risk of closure
Bangladesh will also highlight the importance of “enhanced funds” for climate change mitigation and adaptation at the conference that will take place from November 6 to 18 in Sharm el-Sheikh, Egypt
High import payments coupled with low remittance and export earnings triggered the dollar crisis
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