The government on Tuesday hiked the prices of jet fuel for the second time within two weeks as a worsening global supply crisis puts pressure on prices. The price of jet fuel for domestic travel has been hiked by Tk24.79 to Tk227.08 per litre, announced the Bangladesh Energy Regulatory Commission (BERC) in a notification. The price of jet fuel for ...
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Ahsan H Mansur to give deposition in New York court
A significant development has emerged in the widely discussed Bangladesh Bank reserve heist case, with a court in New York ordering former governor Dr Ahsan H Mansur to provide a deposition. According to an internal document from the Bangladesh Financial Intelligence Unit (BFIU), Dr Mansur is scheduled to give his deposition on 10 April in compliance with the court’s directive. ...
Read More »Govt aims to build trillion-dollar economy by 2034
The BNP-led government has set a key target of getting the country to a trillion-dollar economy by 2034, said Finance Minister Amir Khosru Mahmud Chowdhury at a parliamentary session on Monday. To this end, the government is preparing short-, medium-, and long term plans, he said in reply to a question placed by Dhaka-18 lawmaker SM Jahangir Hossain. Citing the ...
Read More »Gold prices cut after four consecutive hikes
After raising prices in four successive rounds, the Bangladesh Jewellers’ Association (BAJUS) has finally decided to reduce gold prices in the domestic market. The organisation has lowered the price of 22-carat gold by Tk2,158 per bhori, setting the new rate at Tk245,819. The revised prices came into effect from 10:00am. BAJUS disclosed the decision in a statement issued on Monday ...
Read More »Vessel carrying 34,000 tons of diesel arrives at Chattogram Port
A vessel carrying 34,000 tons of diesel has arrived at Chattogram Port, reinforcing efforts to maintain fuel supply system amid rising demand. The tanker, MT Shan Gang Fa Xian, anchored at the port’s outer harbor early Sunday after transporting refined fuel from Malaysia. Officials expect the shipment to help meet the country’s ongoing energy needs. Port sources confirmed that the ...
Read More »AIIB to provide budget support to help Bangladesh address energy crisis
The Asian Infrastructure Investment Bank (AIIB) has agreed to provide budgetary support to Bangladesh to help the country tackle its energy crisis and ongoing economic pressures. At the same time, the government is taking initiatives to increase investment and create jobs by reopening closed industrial factories. Finance Minister Amir Khasru Mahmud Chowdhury shared this information on Saturday after a meeting ...
Read More »Banking hours rescheduled amid energy-saving drive
Bangladesh Bank has set new office and transaction hours for all scheduled banks, effective from Sunday, as part of nationwide efforts to conserve fuel and electricity. According to a circular issued on Saturday, bank offices will remain open from 10:00am to 5:00pm, while customer transactions will be conducted from 10:00am to 3:00pm from Sunday through Thursday until further notice. However, ...
Read More »World food price rise set to continue if Iran war lasts
World food prices climbed in March to their highest level since September last year and could rise further if the Middle East conflict that pushed up energy prices continues, the United Nations Food and Agriculture Organization said on Friday. “Price rises since the conflict began have been modest, driven mainly by higher oil prices and cushioned by ample global cereal ...
Read More »27,000 tonnes of diesel arrive from Singapore
Fuel oil supplies at Chattogram Port have increased as part of efforts to ensure the country’s energy security. A Hong Kong-flagged vessel, Yan Jing He, carrying 27,000 tonnes of diesel from Singapore, reached the outer anchorage of the port early on Friday (3 April). Port authorities said another vessel carrying 34,000 tonnes of diesel from Malaysia is expected to anchor ...
Read More »Foreign aid disbursement falls, debt repayment pressure rises
Foreign aid disbursement to Bangladesh declined significantly during the July–February period of the current fiscal year (2025–26), while pressure from external debt repayments increased, putting strain on the country’s macroeconomic stability. Officials concerned said that while the inflow of assistance is decreasing, the burden of existing foreign debt is rising—an alarming trend for the national economy. According to the latest ...
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