Economy

BD import policy incompatible with new EU, US trade rules

BD import policy incompatible with new EU, US trade rules

Bangladesh's import policy in the making appears at odds with emerging trade requirements in the European Union and the United States as it proposes allowing apparel exporters to qualify for incentives with a minimum 30-percent local value addition. Industry leaders say the EU's proposed Gen

Padma, Jamuna crossings raked in Tk 90m in a day amid Eid rush

Padma, Jamuna crossings raked in Tk 90m in a day amid Eid rush

Bangladesh's two major river crossings, the bridges on the mighty Padma and Jamuna rivers, witnessed record-level vehicular movements on the same day ahead of Eid-ul-Azha, that saw them generate a combined toll revenue of nearly Tk 90 million, the Bangladesh Bridge Authority (BBA) said Thursday. A

IMF confirms Bangladesh govt's request for new programme

IMF confirms Bangladesh govt's request for new programme

The International Monetary Fund (IMF) has said that the Bangladesh government has requested a new IMF-supported programme as discussions continue over the country’s reform agenda and policy priorities. In a statement, IMF Mission Chief for Bangladesh Ivo Krznar said the IMF staff are curre

ADB offers $5.0b in dev aid

ADB offers $5.0b in dev aid

An incremental assistance package announced by the Asian Development Bank (ADB) would fetch Bangladesh US$5.0 billion over next five years and increase the subsequent annual aid by 20 per cent. The announcement came Monday when ADB President Masato Kanda met Prime Minister Tarique Rahman in Dhaka

External sector may face tough times by end of FY26: BB

External sector may face tough times by end of FY26: BB

The central bank has warned that Bangladesh may face mounting external-sector pressures by the end of fiscal year (FY) 2025-26 amid global trade tensions, geopolitical uncertainties and potential tariff shocks. "…global trade tensions, geopolitical uncertainties, and potential tariff shocks

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