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Economy

IMF team to review Bangladesh’s loan progress in April

A delegation from the International Monetary Fund (IMF) is scheduled to arrive in Dhaka on 5 April to assess progress on various conditions before the disbursement of the fourth and fifth instalments of the loan. According to sources from the Finance Division of the Ministry of Finance, the team will engage in continuous discussions with various government departments from 6 April for a two-week period.

During this visit, the IMF delegation is expected to hold meetings with the Finance Division, the National ...

Reserve reaches to $25b with record remittance

Foreign currency reserves have crossed US$25 billion mark before the end of March, thanks to a record inflow of remittances this month.

The country's gross reserves have risen to $25.44 billion, according to data released by the Bangladesh Bank (BB) Thursday night.

The surge came after a significant increase in remittance inflows, which reached $2.94 billion in the first 26 days of March, the highest for any month in the country's history. However, as ...

Construction market set to grow by 10.4pc in 2025

The construction industry in Bangladesh is expected to grow by 10.4% annually, reaching BDT 4.58 trillion in 2025, according to a recent industry report.

Between 2020 and 2024, the sector experienced robust growth, achieving a compound annual growth rate (CAGR) of 13.0%. This upward trend is projected to continue, with the market forecast to expand at a CAGR of 9.7% from

Renewables are renewing economies: UN chief

2025 marks a milestone: the tenth anniversary of the Paris Agreement and the deadline for countries to submit their updated Nationally Determined Contributions (NDCs), designed to keep the global goal alive of limiting temperature rise to 1.5°C above pre-industrial levels.

Addressing the 16th Petersberg Climate Dialogue (PCD) in Berlin – the first official gathering on climate since last year’s COP29 summit in Baku – the UN Secretary-General António Guterres issue...

Starlink live internet connectivity show April 9

Starlink, the US telecom giant will provide live internet connectivity for a demonstration at Bangladesh Investment Summit on 9 April.

Bangladesh Investment Development Authority (Bida) Executive Chairman Chowdhury Ashik Mahmud Bin Harun announced during a press conference at Bangladesh Foreign Service Academy on Sunday.

The media briefing was arranged ahead of the "Bangladesh Investment Summit" scheduled to be held from 7-10 April at Hotel InterContinental Dhaka.

IRRI, DAE to enhance rice research, innovation in Bangladesh

The International Rice Research Institute (IRRI) and the Department of Agricultural Extension (DAE), Ministry of Agriculture, Government of Bangladesh, have signed a Memorandum of Understanding (MoU) to strengthen collaboration in research and innovation, technology transfer,  extension services, and capacity development in the rice-based agrifood systems in Bangladesh. The MoU signing ceremony, which took place at DAE Head Office, Khamarbari, Farmgate, Dhaka marked a significant milestone in the long-standing partnership between IRRI and the Government of Bangladesh. Under this MoU, IRRI and DAE will collaborate on research and development (R&D) projects to enhance the productivity of rice-based agri-food systems, promote climate-smart agriculture, and accelerat...
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