How do we manage twin deficit?

Bangladesh is trying to cope with a challenging economic situation.
25 January 2025, 18:00 PM

SMC: bettering lives in Bangladesh for 50yrs

Anyone of over 30 years of age might recall radio advertisements aired during their childhood and adolescence on contraceptives—Raja and Maya.
25 January 2025, 18:00 PM

Defer LDC graduation by 3 years: BCI

The government should take steps to defer Bangladesh’s United Nations status graduation from a least developed country (LDC) to a developing one by at least three years, said the Bangladesh Chamber of Industries (BCI) yesterday.
25 January 2025, 18:00 PM

11 WB funded projects: Govt set to repurpose $670m loans

As much as $670 million (around Tk 8,200 crore) from slow-moving World Bank-funded projects will be repurposed, with most of the funds going towards budget support as the government looks to navigate the narrow fiscal space amid a slowing economy.
24 January 2025, 18:49 PM

MBA: Evolve or expire

During a job interview, Hassan, an MBA graduate, confidently highlighted his unique strengths as being his versatile skills and strategic thinking. However, when asked about specific skills like coding, data analytics, or AI, he conceded that he had not mastered any.
23 January 2025, 18:00 PM

Bangladesh losing over 2,500 hectares of arable land annually: expert

Around 2,500 to 3,000 hectares of cultivable land are converted and used for non-agricultural purposes every year in Bangladesh, raising serious concerns about future food security, according to experts and stakeholders.
23 January 2025, 18:00 PM

WB to give another $30m for power transmission

The World Bank (WB) will provide Bangladesh with an additional $30 million to help the country build up its power transmission network in eastern regions.
23 January 2025, 18:00 PM

Except for tourism, tulip in Tetulia shows little prospect

In addition to its lush tea gardens and the breathtaking view of the majestic Kanchenjunga, blooming tulips have emerged as another jewel in Panchagarh’s winter landscape -- but only as a tourist attraction, as farmers struggle to maintain cultivation and earn a profit.
23 January 2025, 18:00 PM

Denmark’s IFU to invest $12.5m in local pharmacy chain

Denmark’s IFU will invest $12.5 million in pharmacy chain AKS Khan Pharmaceuticals for the expansion of the latter’s network, targeting to cater to 8 million patients annually within three years.
23 January 2025, 18:00 PM

BB to implement int’l reporting standards by 2027

The Bangladesh Bank issued a roadmap for scheduled banks to implement an expected credit loss (ECL) methodology-based provisioning system that aligns with international financial reporting standards by 2027.
23 January 2025, 18:00 PM

Tk 3,000cr to be raised through sukuk for rural infrastructure

The government has decided to issue Tk 3,000 crore worth of sukuk, a Shariah-compliant bond, in March to fund the construction of bridges to connect rural roads.
23 January 2025, 18:00 PM

Cold storage owners call to suspend potato imports

The Bangladesh Cold Storage Association (BCSA) has requested the government to suspend potato imports to protect the country’s farmers from a financial disaster.
23 January 2025, 18:00 PM

Economy slowing, negative revenue growth shows the sign

For Bangladesh, it is no longer the question of whether the economy is destined for a hard landing or a glide to a flat state; rather the question now is how deep the descent will be.
23 January 2025, 18:00 PM

World's major port handlers show interest to invest in Bangladesh

Chief Adviser Yunus told Sulayem that Bangladesh wants to make Chittagong port more efficient and build more ports along the coast of the Bay of Bengal.
23 January 2025, 15:54 PM

Renewable ambitions still mired in uncertainty

Although the Awami League government made ambitious commitments to renewable energy before being ousted by a mass uprising in August last year, meeting those lofty goals remains a distant dream for the country.
22 January 2025, 18:00 PM

Interest payments eat up more than half of govt revenue expenses

Over half of the government’s total revenue expenditure during the first four months of the current fiscal year of 2024–25 was on interest payments alone, mainly due to increased borrowing and a rise in the interest rates.
22 January 2025, 18:00 PM

Dutch-Bangla Bank’s Tk 1,200cr bond gets nod

The Bangladesh Securities and Exchange Commission has approved Dutch-Bangla Bank’s plan to raise Tk 1,200 crore through subordinated bonds, according to a stock exchange disclosure.
22 January 2025, 18:00 PM

BSTI to issue clearance certificates for import

The Bangladesh Standards and Testing Institution (BSTI) has decided to issue temporary clearance certificates for imported industrial raw materials under certain conditions, focusing on service simplification and the issue of port demurrage for businesses.
22 January 2025, 18:00 PM

Garment exports to EU rose 3% in Jan-Nov

Bangladesh’s garment exports to the European Union grew by 2.99 percent year-on-year to $18.15 billion in the January-November period of 2024.
22 January 2025, 18:00 PM

Bangladesh must switch to hollow blocks to reduce pollution

Clay bricks cost Tk 12 per piece. A hollow block, which is four times larger than a clay brick, is priced at Tk 50.
22 January 2025, 18:00 PM