Textile millers yesterday urged the government to introduce a special refinancing scheme for existing loans to export-oriented primary textile industries with a maximum interest rate of 5 percent.

Commercial banks have asked the Bangladesh Bank to exempt small and medium enterprise (SME) loans from its new 4 percent cap on interest rate spreads, arguing that these loans cost more to manage than other types of lending.

According to Petrobangla data, total gas supply was around 2,620 mmcfd against demand of nearly 3,800 mmcfd before the problem was detected on Tuesday

Textile millers today urged the government to introduce a special refinancing scheme for existing loans to export-oriented primary textile industries with a maximum interest rate of 5 percent

The disruption has affected industries, power plants, and CNG (compressed natural gas) filling stations in different parts of the country

Commerce Minister Khandakar Abdul Muktadir today said an initiative is being taken to launch a single-service online system to reduce the complexity of the approval process in the ship recycling sector

The IMF delegation was led by Suphachol Suphachalasai, team leader of the Climate Policy Diagnostic Technical Assistance Mission

The leading chamber made the call through a letter to Shipping Minister Shaikh Rabiul Alam

Inward remittances of up to $20,000 can be credited without formal declaration requirements

There are also plans to privatise power distribution to ease the subsidy burden, he said

The UN CDP had earlier recommended approving Bangladesh’s request to defer its graduation from the LDC category from November 2026 to November 2029

The ongoing forensic audit of key official statistics disclosed during the previous governments, including gross domestic product (GDP) and the consumer price index, is likely to be completed this month, according to an official.

The Bangladesh Securities and Exchange Commission (BSEC) has drafted new rules to make margin lending easier, allowing investors to borrow money from their brokerage to buy shares, using shares they already own as collateral.

Every person or company involved in the food supply chain, from street food vendors and small restaurants to importers and large-scale food processors, will now have to obtain registration or a licence from the Bangladesh Food Safety Authority, according to new regulations.

Bangladesh is once again considering issuing a sovereign bond to raise funds from international investors, but economists warn the country may not yet be ready

A research centre for aquaculture was inaugurated in Mymensingh yesterday under the FoodTechBangladesh project, an initiative of Fishtech (BD) Ltd.

Bangladesh has the potential to achieve in a much shorter period the level of economic development that the Republic of Korea attained over the past 70 years, Kim Ji-Joon, the newly appointed South Korean ambassador to Bangladesh, said yesterday.

Prime Bank Investment PLC (PBIL), a subsidiary of Prime Bank PLC, has signed a memorandum of understanding (MoU) with Equiline Finance, an Abu Dhabi-based impact investment and project finance company, to strengthen cooperation in sustainable project financing in Bangladesh.

The global leather industry is changing rapidly. Environmental sustainability, resource efficiency, traceability and responsible production have become essential for competing in international markets.

Patuakhali entrepreneur believes local antivenom production could cut imports and create jobs