The World Bank (WB) has approved an additional 350 million dollars in financing to help Bangladesh secure liquefied natural gas supplies and reinforce its energy security as global fuel markets remain volatile. The funding, cleared on 15 May under the Energy Sector Security Enhancement Project, is designed to help Bangladesh manage rising risks in international energy markets and reduce exposure ...
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All filling stations to remain open 24 hours for 13 consecutive days
The government has instructed all filling stations across the country to remain open round the clock on the occasion of Eid-ul-Azha. To ensure smooth travel for passengers during the festival, the government has decided to keep CNG filling stations open for 13 consecutive days. Recently, the Energy and Mineral Resources Division sent a letter regarding the matter to the Chairman ...
Read More »New Zealand to continue duty-free access for Bangladesh after LDC graduation
New Zealand has expressed strong interest in continuing duty-free and preferential market access facilities for Bangladesh even after the country graduates from the Least Developed Country (LDC) category. The interest was conveyed by New Zealand’s non-resident High Commissioner to Bangladesh, David Pine, during a meeting with Commerce, Industries and Textiles and Jute Minister Khandakar Abdul Muktadir at the Secretariat today, ...
Read More »Boeing confirms China commitment to buy 200 aircraft
Aerospace giant Boeing on Friday confirmed that China had committed to purchasing 200 aircraft during a visit to Beijing by US President Donald Trump — a deal that could ultimately balloon with orders for 750 additional planes. “We had a very successful trip to China and accomplished our major goal of reopening the China market to orders for Boeing aircraft,” ...
Read More »Gold prices reduced in local market after consecutive hikes
After two consecutive increases, gold prices have declined in the local market, with the price of 22-carat gold reduced by Tk2,216 per bhori. The new rate sets the price of one bhori (11.664 grams) of 22-carat gold at Tk242,495. The information was announced in a statement issued by the Bangladesh Jewellers’ Association (BAJUS) on Friday morning. The revised prices came ...
Read More »Steel industry struggling as country’s construction sector stalls
According to the Purchasing Managers’ Index (PMI) report, the construction sector has been experiencing contraction for the past three months. As a result, companies in the steel industry — one of the sector’s key components — are struggling to sustain their businesses. The information emerged at a discussion organised yesterday (13 May) in Gulshan, Dhaka, by the Metropolitan Chamber of ...
Read More »BPCCI submits Bangladesh-Philippines business delegation report to envoy
The Bangladesh-Philippines Chamber of Commerce and Industry (BPCCI) formally handed over the Bangladesh–Philippines Business Delegation Report 2026 to Nina P Cainglet during a meeting at the Philippine Embassy in Dhaka. BPCCI President Raquib Md Fakhrul (Rocky) led the delegation, while Immediate Past President Humayun Rashid also attended the meeting. The delegation shared key outcomes, recommendations and future cooperation opportunities stemming ...
Read More »Milk Vita eyes local production of global standard baby food by Dec
Milk Vita, a state-run organization, is set to begin producing global-standard baby food locally by the end of this year, marking the first such initiative in the country’s history. “We are working to achieve the capability of producing international standard infant food such as Lactogen 1, 2, and 3 by December this year,” Chairman of Bangladesh Milk Producer’s Co-Operative Union ...
Read More »No scope to do business honestly in Bangladesh: CAB president
Consumers Association of Bangladesh (CAB) President AHM Shafiquzzaman has expressed concern over the difficulties entrepreneurs face in operating businesses in Bangladesh, saying the current environment creates numerous obstacles for investors and discourages fair and transparent business practices. “There is no scope for doing business honestly in the country,” he said. Speaking at an event attended by business representatives and members ...
Read More »Bangladesh PMI rises to 54.6 in April
Bangladesh’s overall economic activity expanded at a faster pace in April, with the Purchasing Managers’ Index (PMI) rising to 54.6 from 53.5 in March, according to the latest Bangladesh PMI report released jointly by the Metropolitan Chamber of Commerce and Industry (MCCI) and Policy Exchange Bangladesh. The report, published on May 7 with support from the UK government and technical ...
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