Economy Archives - Page 3 of 7

ADB approves $200m loan to modernise power distribution network

September 23, 2026 0

The Asian Development Bank (ADB) has approved a $200 million loan to modernise, strengthen and make the electricity distribution network more resilient in rapidly growing industrial and peri-urban areas surrounding Dhaka. The funds will support the upgrading of distribution infrastructure Continue Reading

Cross-Border Import-Export Transactions Can Now Be Settled in Taka

September 23, 2026 0

An opportunity has been created to settle some import-export transactions between Bangladesh and its foreign trading partner countries in Bangladeshi taka. To facilitate this, Bangladesh Bank has allowed the opening of taka “vostro” accounts in the names of banks in foreign partner countries. Initially, these accounts can be opened without depositing any convertible Continue Reading

Titas-28 starts gas supply, 13 Million Cubic Feet To Enter National Grid Daily

September 19, 2026 0

Bangladesh Gas Fields Company Limited (BGFCL) has reached a new milestone. The state owned company is the country’s largest gas producer. This achievement will help boost gas supply to the national grid. It will also ease the ongoing energy crisis. On Saturday, officials formally launched gas production from Well 28. This well is part of […]Continue Reading

Card Based Transactions Rise 108 Percent in Five Years

September 17, 2026 0

Card based transactions are rising in the country. Debit, credit, and prepaid card transactions grew 108 percent over the past five years. The number of cards in use grew 97 percent during the same period. Prepaid cards saw the fastest growth. Bangladesh Bank reported these findings. The report shows the total number of cards stood […]Continue Reading

Bangladesh Bank Issues Instructions to Banks for Hajj 2027 Registration

September 17, 2026 0

Bangladesh Bank has instructed the country’s authorised dealer (AD) banks to take necessary measures ahead of the Hajj 2027 registration process. Bangladesh Bank issued a circular in this regard on Thursday (September 17). The circular, sent from Bangladesh Bank headquarters to the head offices and principal offices of all authorised dealer banks engaged in foreign […]Continue Reading

Bangladesh Aims to Attract Additional 5 Billion Dollars in US Investment: Commerce Minister

September 13, 2026 0

Commerce Minister Mr. Khandaker Abdul Muktadir has said that the government and the American Chamber of Commerce in Bangladesh (AmCham) will work together to bring an additional 5 billion US dollars in American investment to Bangladesh over the next five years. He said the government is fully prepared to work closely with American companies to […]Continue Reading

Another LNG Cargo Arriving Today at Maheshkhali Terminal

September 13, 2026 0

Gas Supply Increasing Rafiqul Islam Selim Gas supply from Maheshkhali’s floating LNG terminals has increased further. Yesterday, Sunday afternoon, 740 million cubic feet of gas was being added to the national grid from the two terminals there. Petrobangla officials said that supply will be increased further once another LNG carrying cargo arrives today, Monday. An Continue Reading

Power supply set to ease

September 13, 2026 0

Adani, Rampal plants back in operation Unit 2 of Adani Power’s Godda power plant in Jharkhand, India, which had shut down due to a technical fault, has resumed operation. The 800 megawatt unit was reconnected to Bangladesh’s national grid yesterday, Sunday. A source at Adani Power said the unit was successfully restarted ahead of schedule. […]Continue Reading

Garment sector can thrive without foreign officials: Mahdi Amin

September 13, 2026 0

Mr. Mahdi Amin, Adviser to the Prime Minister and Spokesperson for the Prime Minister’s Office, has remarked that Bangladesh’s ready made garment and textile industry can be run entirely by skilled local manpower, reducing dependence on foreign officials. He said that in this nearly half century old industry, many factories and buying houses still employ […]Continue Reading

Major import policy shift allows imports without LC

September 13, 2026 0

Import of Industrial and Commercial Goods Without Price Ceiling Through Contract Payment Through Open Account System Facility for Sourcing Materials Locally in Export Oriented Industries The country’s import management has undergone major changes under the new Import Policy Order 2026 to 2029. Under the new policy, all importable goods in the industrial and Continue Reading

ADB approves $200m loan to modernise power distribution network

Cross-Border Import-Export Transactions Can Now Be Settled in Taka

Titas-28 starts gas supply, 13 Million Cubic Feet To Enter National Grid Daily

Card Based Transactions Rise 108 Percent in Five Years

Bangladesh Bank Issues Instructions to Banks for Hajj 2027 Registration

Bangladesh Aims to Attract Additional 5 Billion Dollars in US Investment: Commerce Minister

Another LNG Cargo Arriving Today at Maheshkhali Terminal

Power supply set to ease

Garment sector can thrive without foreign officials: Mahdi Amin

Major import policy shift allows imports without LC

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