Bangladesh Bank Governor Md Mostaqur Rahman yesterday assured business leaders that the export development fund (EDF) may be gradually expanded to $5 billion, according to the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

The new Executive Committee of the National Economic Council (Ecnec), chaired by Prime Minister Tarique Rahman, yesterday scrapped one development project and sent back another, which is located in the PM’s home district of Bogura, for cost review.

The country’s economic growth slowed in the second quarter of fiscal year 2025-26 as a sharp fall in industrial activity dragged down overall output, according to provisional data from the Bangladesh Bureau of Statistics (BBS).

It was 3.53% in the same quarter previous fiscal year

The company will produce a wide range of items, including steel, aluminium and iron frames, fibreglass poles, tents and sleeping bags

Amir Khosru says govt has drawn up a broad action plan centred on investment, jobs, exports and macroeconomic stability

Moreover, Bangladesh ranks first among the 11 hilsa-producing countries

The minister also provided a list of the top 20 loan defaulters

The committee will assess whether projects are justified and aligned with development priorities

Civil Aviation minister conveyed the interest during meeting with Boeing VP

Telecom experts yesterday called on the government to phase out the country’s mandatory minimum voice call rate, known as voice floor price, arguing that the Tk 0.45-per-minute rate, unchanged since 2018, is hindering digital inclusion and placing an undue burden on low-income users.

US changes to tariffs on steel and aluminium products were met with disappointment Friday in Europe, where manufacturers had hoped for a more favourable treatment.

Prime Bank PLC has become the first bank in Bangladesh to launch a consumer loan facility backed by treasury bonds, marking a notable step forward in the country’s banking sector.

We often confuse charity with CSR (corporate social responsibility), and label all sorts of activities as CSR.

Low demand after Eid caused sharp fall in farmgate prices, growers say

Bangladesh’s stock market fell to a nearly two-and-a-half-month low yesterday, with the benchmark index dropping more than 2 percent amid rising concerns over global energy prices following escalating tensions in the Middle East.

The government is set to borrow an additional Tk 5,000 crore from the banking sector through a special auction of 91-day treasury bills on April 8, according to Bangladesh Bank (BB) officials.

Inflation eased to 8.71 percent in March, offering slight relief to consumers, but analysts warn that prices may remain sticky in the coming months as the US-Israel war on Iran drives up costs and disrupts supply chains.

The current reduced corporate tax rates of 10 to 12 percent for the ready-made garment (RMG) sector may not last much longer, said National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan.

Say businesses, proposing shop hours from 1pm to 9pm and smart energy management