A UN mission due next month to assess Bangladesh's graduation readiness

Dhaka, March 11 -- A high-profile mission of the United Nations (UN) is scheduled to visit Dhaka next month to present its findings on Bangladesh's graduation readiness assessment, although the Bangla... Read More

Comprehensive policy underway to expand non-tax revenue base

Dhaka, March 7 -- A comprehensive policy is in the making to strengthen internal resource mobilisation through a broader framework for non-tax revenue collection and management and plugging systemic h... Read More

Restricting yarn imports could cost $2.4b, put 0.4m jobs at risk

Dhaka, Feb. 20 -- The country's apparel makers have warned that restrictive measures on imported cotton yarn could trigger a staggering US$ 2.4 billion annual cost shock for the country's export-orien... Read More

Bangladesh to seek 12-year trade grace for post-graduation era

Dhaka, Jan. 31 -- Bangladesh is set to seek a binding 12-year transition period to safeguard its export-oriented economy from post-LDC-graduation trade challenges in a high-stakes strategy to be place... Read More

BB seeks authority to override law, waive banks' CRR penalties

Dhaka, Jan. 23 -- Bangladesh Bank moves to bolster its regulatory authority to waive, remit, or reduce penalties for banks' Cash Reserve Ratio (CRR) shortfalls in special circumstances as the central ... Read More

Struggling BASIC Bank bid for revival falters with little gains

Dhaka, Jan. 20 -- The scam-stricken BASIC Bank PLC has intensified default-loan-recovery drive against its top 20 defaulters in a struggle for revival, but actual collection stands nowhere near regula... Read More

Bangladesh-Nepal commerce secretary-level meeting today

Dhaka, Jan. 13 -- Bangladesh and Nepal are set to step up efforts to deepen trade, transit, and connectivity cooperation, as senior officials meet today in Dhaka for the 8th Bangladesh-Nepal Commerce ... Read More

Major industrial groups seek Tk 165.5b bailout funds

Dhaka, Jan. 10 -- Constrained by stated severe liquidity crunch in the country's industrial sector, eleven conglomerates seek some Tk 165.5 billion in interest-free loans from the government to sustai... Read More

Bangladesh Bank moves to speed up settlement of Tk 750.52 billion audit backlogs

Dhaka, Jan. 9 -- The central bank has initiated a move to fast-track the settlement of long-standing audit backlogs involving more than Tk 750.52 billion, sources said. Such long-standing fund impass... Read More

Gas crunch hits fertiliser output

Dhaka, Jan. 7 -- The state-run BCIC has sought an uninterrupted supply of at least 197 million cubic feet of gas per day (MMCFD) to keep four urea fertiliser factories operational for 11 consecutive m... Read More