The Export Promotion Bureau (EPB) has proposed a total export target of $66 billion for the 2026-27 fiscal year, comprising $57 billion from merchandise exports and $9 billion from services sector. The EPB has submitted the draft proposal to the commerce ministry, requesting prompt review and appr

The European Union (EU) has requested the NBR to remove two long-standing tariff and regulatory bottlenecks, saying its resolution would send a strong signal of Bangladesh's commitment to improving the investment climate for European businesses. The EU made the request recently in a letter to newl

The Power Division has sought an additional Tk 201.36 billion in subsidies for the remaining months of FY2026 to keep newly added power plants running and ensure uninterrupted electricity supply during the upcoming irrigation and summer peak season. In a proposal sent to the Finance Divisi

Crisis-hit People's Leasing and Financial Services Ltd (PLFS), a non-bank financial institution (NBFI), has formally sought a financial stimulus of Tk 7.50 billion from the government to complete its restructuring process and resume full-scale operations. In a letter sent to the Ministry of Financ

The revenue collection effort has suffered a major blow as two state-owned energy giants, Bangladesh Petroleum Corporation (BPC) and Petrobangla, have accumulated more than Tk 330 billion in unpaid import duties and taxes. The mounting arrears have raised serious concerns within the National Board

Bangladesh is set to seek a binding 12-year transition period to safeguard its export-oriented economy from post-LDC-graduation trade challenges in a high-stakes strategy to be placed at the upcoming WTO ministerial meet. Officials say the government has finalized a comprehensive Position Paper fo

Bangladesh Bank moves to bolster its regulatory authority to waive, remit, or reduce penalties for banks' Cash Reserve Ratio (CRR) shortfalls in special circumstances as the central bank oversees the largest bank-consolidation effort in nation's history. To this end, sources say, the central

The Bangladesh Frozen Foods Exporters Association (BFFEA) has invited senior state officials and key stakeholders to visit the major frozen seafood processing zones in Khulna, Chattogram, and Cox's Bazar, sources say. Experts view this as a bid to secure policy support as the sector grapples with