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
Government's Export Promotion Bureau (EPB) sets sights high on external trade and proposes setting total goods and services export target at US$67 billion for the imminent fiscal year. Proposed target for goods export is $58 billion for the fiscal year (FY) 2026-27, predicting over 21-percent grow
The government will begin lobbying foreign diplomats in Dhaka next month to build support for its request to defer Bangladesh's graduation from Least Developed Country (LDC) status by three years, as the issue moves towards consideration at the UNGA. "We will sit with all the foreign missions in B
Finance Minister Amir Khasru Mahmud Chowdhury has unveiled a three-pronged economic resilience strategy aimed at shielding Bangladesh from global economic turbulence and the fallout of continuing instability in the Middle East, while broadening the domestic tax base to strengthen public finances.
The Palli Karma-Sahayak Foundation (PKSF) has increased its financing target by 45 per cent for fiscal year 2026-27 (FY27), aiming to accelerate employment generation across the country. Prioritising skills development, job creation and sustainable economic growth for low-income people, PKSF has a
Chittagong Port, Bangladesh's principal maritime gateway and a key driver of the country's external trade, has recorded strong growth in revenue, cargo handling and container throughput despite continuing uncertainty in the global economy. According to data released by the Chittagong Port Authorit
The government could lose more than Tk 40.6 billion in annual cigarette tax revenue due to a mismatch between official prices and actual retail sales in the low- and medium-tier segments, according to a study by the Power and Participation Research Centre (PPRC). The findings were unveiled at a pr
The Founding General Meeting of the Bangladesh Italy Chamber of Commerce and Industry (BICCI) was held on Saturday at the Embassy of Italy in Dhaka, marking the formal establishment of a new bilateral business platform dedicated to strengthening trade, investment, and economic cooperation between B
Finance Minister Amir Khosru Mahmud Chowdhury on Monday said the proposed FY2026-27 budget allows freelancers and content creators to remit up to $5,000 without paperwork, calling it the most youth-friendly budget the country has ever seen. "Earlier, even bringing in Tk 10 from abroad required fil
Bangladesh has proposed allowing individual taxpayers to submit income tax returns throughout the year, with a 5 percent rebate for those filing in the first quarter, under changes outlined in the 2026–27 budget proposal. The proposal comes as repeated extensions of return filing deadlines h
Amid mounting fiscal pressure and growing development needs the government has embarked on a medium-term reform agenda aimed at making every taka of public spending count while strengthening revenue collection and safeguarding debt sustainability. The strategy outlined in the FY2026-27 national bu
Domestic credit-card spending in Bangladesh witnessed a hefty growth year on year in April this year, reflecting stronger consumer demand despite economic challenges. On the other hand, the overseas spending by Bangladeshi credit cardholders declined over the same period of last year. According t
The central bank has allowed authorized dealer (AD) banks to facilitate outward remittances for lease rentals of ships and vessels by shipping companies incorporated in Bangladesh, aiming to strengthen the maritime sector. The banks may execute such remittances in accordance with the existing fore
