Business-Economy

Monetary Policy: Private sector unhappy with lower credit flow target

Staff Correspondent: Bangladesh Bank has announced another tight monetary policy to curb inflation, but business leaders oppose the move, arguing that its objectives may not be achieved without due consideration

Taskforce suggests making emergency reserves to boost food security

Staff Correspondent: A taskforce of the interim government has recommended establishing emergency security reserves to bolster the country’s food security. “To bolster food security, Bangladesh currently maintains reserve stocks of

Bangladesh seeks full power supply restoration from Adani

TDS Desk: Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in India, a Bangladesh official said, after more than three months of reduced sales with

AIIB to lend Bangladesh $400m

TDS Desk: Bangladesh is getting US$400 million from the Asian Infrastructure Investment Bank (AIIB) as budget-support credit to finance policy actions for infrastructural development in climate-critical sectors, sources said. The

Petrobangla accelerates local gas production process to reduce LNG dependency

Staff Correspondent: In a bid to reduce reliance on imported liquefied natural gas (LNG), Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) is expediting the tender process for drilling 21 wells

Growth in industry, service, Agri suffered most in FY 24

Staff Correspondent: Bangladesh’s industry, service and agricultural sectors’ growth suffered the most in the last fiscal year of 2023-24 (FY24), according to revised data from the Bangladesh Bureau of Statistics