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
The National Board of Revenue (NBR) has set a target to raise the country's revenue-to-GDP ratio to 10.7 percent by the fiscal year (FY) 2028-29 to strengthen domestic resource mobilisation and sustain economic development, according to the government's Medium-Term Macroeconomic Policy Statement (2
China has proposed the development of an economic corridor connecting Bangladesh, Myanmar and China to enhance regional connectivity, trade and economic cooperation. The proposal came during talks between Chinese President Xi Jinping and Prime Minister Tarique Rahman at the Great Hall of the Peopl
The government has spent less than half of its revised development budget even after 11 months of FY2025-26, with implementation falling to a historic low of 48.23 per cent, as project execution slowed across many ministries and agencies. It spent only Tk 1.01 trillion out of the revised Annual De
Finance and Planning Minister Amir Khosru Mahmud Chowdhury on Thursday said the government had attempted to reshape the country's budgetary framework to make economic opportunities more inclusive। "This is a new model of reshaping public finance," he told a discussion on the proposed FY27 national
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
