ECNEC approves 25 projects worth Tk 45,191.27cr
The Executive Committee of the National Economic Council (ECNEC) today approved 25 development projects worth Taka 45,191.27 crore, including a 1,000-bed Bangladesh-China Friendship General Hospital in the northern region.
Of the total project cost, Taka 10,881.40 crore will come from government funds, Taka 32,018.09 crore from project loans and Taka 2,291.78 crore from the implementing agencies' own resources.
The approvals were given at the 8th ECNEC meeting of the current fiscal year (FY26) held at the NEC Conference Room in the city's Sher-e-Bangla Nagar area, with Chief Adviser and ECNEC Chairperson Professor Dr Muhammad Yunus in the chair.
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Construction market presents significant growth opportunities
The "Bangladesh Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H2 2025)" report has been added to ResearchAndMarkets.com's offering.
Growth in the Bangladeshi construction industry was expected to slow from real terms growth of 3.4% in 2024 to 2.3% growth in 2025, following elevated inflation and subdued investor confidence amid political uncertainty.
The ind...
The ind...
Tarique talks with US trade delegate virtually
BNP Chairman Tarique Rahman held a virtual meeting this morning with US Trade Representative Ambassador Jamieson Greer, discussing bilateral trade issues between Bangladesh and the United States (US).
Tarique Rahman joined the meeting around 9.00 am [local time] from his Gulshan residence here, BNP Chairman's Press Secretary Saleh Shibly confirmed.
During the discussion, both sides exchanged views on mutual tariff rates, bilateral trade and explored prospects for future economic coopera...
Commercial court ordinance – a new era for trade justice and economic growth
In a landmark move to strengthen trade justice and accelerate the country's economic development, the government has issued the Commercial Court Ordinance, 2026.
The ordinance provides for the establishment of Commercial Courts across the country, aimed at increasing investment and ensuring the timely resolution of business disputes. The gazette, issued last night, confirmed that the ordinance will come into effect immediately. Analysts say this initiative is a major step in improving the judicial infrastructure for commerce, a longstanding demand from both domestic and foreign investors.Forex reserves stand at US$33.18b
Bangladesh's foreign exchange reserves have stood at US$ 33.18 billion.
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Govt okays urban policy, cuts taxes on mobile phone imports, manufacturing
The Council of Advisers today, at its first meeting of the year, approved the draft National Urban Policy 2025 and decided to significantly reduce customs duties and overall tax incidence on mobile phone imports and local manufacturing.
The government made the decisions aimed at boosting planned urban development, strengthening the domestic mobile industry, and making handsets more affordable for consumers.
Chief Adviser Professor Muhammad Yunus chaired the meeting at his office in the city's T...
