Foreign debt payments surge by 25% amid shrinking aid Commitments
Bangladesh’s foreign debt repayments have surged by nearly 25% in the first nine months of the current fiscal year, despite a slowdown in fresh loan commitments from key development partners.According…
France to provide €200m in water infrastructure in Bangladesh
Bangladesh and France have signed a loan agreement worth €200 million to finance the ‘Saidabad Water Treatment Plant Phase-III’ project under Dhaka Water Supply and Sewerage Authority (DWASA). The project,…
Bangladesh may seek extension from Trump administration following 90-day tariff pause: Finance Adviser
Bangladesh may request an extension from the Trump administration beyond the current 90-day tariff pause, if necessary, to safeguard its trade interests, Finance Adviser Dr Salehuddin Ahmed said on Wednesday.…
e-GP to be made mandatory in public procurement as part of reforms
The current government is placing strong emphasis on reforms and transparency across all sectors. As part of this initiative, the digitization of public procurement is being implemented through the electronic…
Forex reserves cross $22b mark amid surging remittances
Bangladesh’s foreign exchange reserves have climbed to $22.04 billion as of 30 April, according to the IMF’s Balance of Payments and International Investment Position Manual (BPM6), the Bangladesh Bank announced…
Soybean: A powerhouse of high-quality protein for humans and animals
Industry leaders and stakeholders from Bangladesh’s poultry and feed sectors have highlighted the vital role of soybean as a sustainable, high-quality, and cost-effective source of protein for both human nutrition…
US LNG deals could volatile Bangladesh’s energy market: Experts warn
As US trade pressures, Asian economies including Bangladesh—are increasingly turning to American liquefied natural gas (LNG) imports to offset trade deficits. However, energy experts warn this strategy could backfire, locking…
Gas transport from Bhola halted, factory operations disrupted
Gas supply from Bhola to key industrial zones has been halted for nearly ten days due to local protests, disrupting production in 13 factories across Dhaka, Gazipur, Manikganj, and Munshiganj.…
Bangladesh signs $100m loan agreement with OFID
The government has signed a significant loan agreement with the OPEC Fund for International Development (OFID) to support the country’s ongoing economic reform initiatives. The agreement, signed on April 22,…
Korea to provide $6.26m loan to Bangladesh, deal signed
The Government of Bangladesh and the Korea Eximbank on Tuesday signed a supplementary loan agreement worth $6.26 million under the Economic Development Cooperation Fund (EDCF) to enhance maritime safety and…