Bangladesh could attract up to $100 million in investment through a proposed Orange Climate Fund as policymakers, investors and market leaders push for the development of a stronger, inclusive financial ecosystem to support sustainable and climate-resilient economic growth. The investment prospect
Prime Minister Tarique Rahman today (Tuesday) directed the authorities concerned to ensure a comprehensive waste management system and mandatory integration of renewable energy in the Chinese Economic and Industrial Zone in Anwara, Chattogram. The directives came during a meeting of the Executive
Newly appointed administrator of Islami Bank Bangladesh PLC, Mohammad Zahir Hussain, today (Monday) said that efforts are underway to constitute a fully neutral board for the bank as part of measures to strengthen corporate governance and restore public confidence in the country's largest Shariah-b
In a dramatic regulatory move, Bangladesh Bank on Sunday dissolved the entire Board of Directors of Islami Bank Bangladesh PLC, including its newly appointed chairman, in what it said was a move to protect the interests of depositors and safeguard public money. The central bank removed all directo
The government has decided to establish Export Processing Zones (EPZs) in Barishal and Lalmonirhat to attract foreign investment, increase exports, and create employment opportunities. The Cabinet Division has already sent letters to the Secretary of the Prime Minister’s Office and other rel
The government has placed the restoration of macroeconomic stability at the centre of its economic recovery, restoration and reconstruction agenda, pledging a series of fiscal, monetary and institutional reforms aimed at curbing inflation, strengthening public finances and reducing debt dependence.
The World Bank has revised Bangladesh's growth prospect into down trajectory as it forecast the Gross Domestic Product (GDP) growth at 4.6 per cent in the upcoming fiscal year (FY) 2026-27. It has also downgraded Bangladesh's GDP growth projection for the outgoing FY2026 by 0.8 percentage point to
The government may reconsider its proposal to make a taxpayer identification number (TIN) mandatory for opening bank accounts, following concerns that the move could create barriers for ordinary citizens and low-income workers and undermine financial inclusion. The measure, included in the FY27 bu
Assumptions about inflation, growth, investment and revenue collection in the proposed budget are ambitious as they mismatch with Bangladesh's current economic realities, says a policy think-tank, while appreciating numerous reform measures being introduced. Presenting its post-budget analysis at
The government has identified persistent inflation as the country's most pressing economic challenge, pledging a combination of fiscal and monetary measures to bring price pressures under control and ease the burden on households in the next fiscal year (FY 2026-27). The national budget has identi
The government has proposed abolishing the longstanding Tk 300 tax on mobile SIM cards while introducing a 15 per cent value-added tax (VAT) on the supply price of SIMs and e-SIMs in the national budget for fiscal year 2026-27. Presenting the budget in parliament on Thursday, Finance Minister Amir
The government has proposed the introduction of a fully digital e-loan that will allow individuals to obtain up to Tk 50,000 through an online process, aiming to improve access to finance and expand financial inclusion. Finance Minister Amir Khosru Mahmud Chowdhury unveiled the proposal while pres
A 3R Strategy is unveiled in the new budget as government instrument to rebuild the country's shattered economy and spur sagging investment through restoring private-sector confidence. The three-phased tactics called 3R Strategy stand for Recovery & Stabilisation, Restoration, and Reconstruction f
