Bangladesh needs to expand its renewable energy capacity by 21 percent annually to meet its latest green energy target by 2030, requiring nearly $1 billion in yearly investment, according to a study by the Institute for Energy Economics and Financial Analysis (IEEFA).

Bangladesh’s foreign exchange reserves hit $22.24 billion on June 24, the highest since August 2023, boosting the country’s capacity to pay import bills for over four months, as multilateral lenders released budget support funds for the government.

US President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of US sanctions.

In Bangladesh, we cannot think of a holistic economy without attending to the CMSME sector. From rural artisans to urban tech start-ups, CMSMEs are everywhere, creating jobs, generating income, and driving inclusive growth. Over the past decade, it is evident that the Bangladesh Bank, along with private commercial banks, has made significant strides in improving access to finance. This effort continues to evolve.

Bangladesh’s macroeconomic landscape is showing early signs of stability after months of volatility, as inflation appears to have peaked, foreign exchange reserves are steadying, the taka has firmed up, and export performance is improving, according to Standard Chartered Bangladesh.

CPA floats tender for equipment as it awaits ministry's nod to operate terminal

BRRI launches 24/7 farmer hotline

The adviser, however, added that liabilities of foreign-funded projects should still be repaid

GDP growth may reach 5% in FY26, the bank predicts

Unit price will be $13.52 per million British Thermal Units

The DSEX gained 49.98 points to close at 4,767.64

A meeting will take place at 5pm tomorrow

Investors took a ceasefire between Israel and Iran as a green light to head back into riskier assets

Officials of the National Board of Revenue (NBR) continued their nationwide pen-down strike for a second consecutive day yesterday, demanding the removal of the NBR chairman and the cancellation of recent transfer orders.

Global tech giant Google officially launched Google Wallet—commonly known as Google Pay—in Bangladesh yesterday, enabling customers to make contactless payments using just their smartphones, doing away with the need for plastic cards.

The National Board of Revenue (NBR) has uncovered tax evasion amounting to nearly Tk 6,250 crore since September 2024, according to a statement issued yesterday.

BBS’s provisional GDP growth estimates for FY25 unveiled a second consecutive year of growth recession. Given the trials Bangladesh has endured since the outset of the year, the numbers carry the story of the economy’s adaptation to adversities. A 3.97 percent real GDP growth is at par with the IMF’s 3.9 percent projected for Asia in 2025. It is not too bad considering the adverse natural and political weather that stressed a state struggling to function with hollowed institutions.

Bangladesh’s foreign exchange reserves are projected to rise modestly to $23.6 billion in the next fiscal year from $21.7 billion in the current year, as the International Monetary Fund (IMF) expanded its total support package amid ongoing efforts to stabilise the country’s macroeconomy.

The government will complete bringing about amendments to the Bangladesh Labour Act by October this year as the country has committed to improving it to international standards, said Labour and Employment Adviser Brig Gen (retd) M Sakhawat Hussain yesterday.

The stock market has almost closed the books on the fiscal year (FY) 2024-25 without a single company getting listed through an initial public offering (IPO), a rare event not seen in decades.