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Cabinet committees in Dhaka have approved proposals to import 15 total cargoes of liquefied natural gas through direct procurement and international quotations. The meetings also endorsed a technical support agreement for the Ghorashal-Palash fertilizer factory.
Bangladesh has experienced an increase in power outages and a sharp drop in gas supply following the shutdown of Excelerate Energy's floating LNG terminal. Data from Wednesday reveals a massive gas deficit alongside mounting electricity shortfalls across urban and rural areas.
The central bank has granted a waiver of nearly $3.2 million on a loan for SS Power-1 Limited, alongside permission to open new letters of credit. The decision was formalized through a notification issued on Wednesday by the banking regulation and policy department.
State Minister for Power, Energy and Mineral Resources Anindya Islam Amit has travelled to Qatar as part of a high-level delegation. The visit comes amid LNG supply disruptions caused by the closure of the Strait of Hormuz.
Essential commodity prices have surged across Dhaka's Tejgaon and Karwan Bazar markets, leaving consumers struggling with sudden hikes. Shoppers and traders reported sharp increases in daily necessities, including sugar, flour, and edible oil, yesterday.
General investors are suffering uncompensated capital losses as weak and ineffective companies become defunct and are liquidated in the stock market. Share values have been completely zeroed out following sweeping regulatory interventions in Dhaka.
Pumpkin flowers are drawing steady demand and sales at a local market in Magura's Shalikha upazila. Shoppers are purchasing the seasonal item for culinary uses at established local rates.
Mercantile Bank Training Institute has launched a foundational training program for its newly appointed management trainee officers. A total of 50 trainees from the 15th batch are participating in the course.
The Bangladesh Jewellers Association has announced a hike in domestic gold and silver prices. The new rates became effective on Thursday morning following an official notification.
Bangladesh has announced updated income tax return rules and tax-free income thresholds for various categories of taxpayers. The National Board of Revenue confirmed that the submission process began on 1 July 2026.
Inovar recently organised a business conference at a convention centre in the city. The event featured discussions with traders and concluded with a raffle draw.
The Cabinet Committee on Economic Affairs has approved the handover of closed textile mills in Nilphamari and Magura under a public-private partnership framework. Additionally, the committee cleared several procurement proposals for liquefied natural gas, fertilizers, and refined palm olein.
The International Finance Corporation has issued a senior secured loan of 30.7 million US dollars to Popular Pharmaceuticals. The financing aims to support the Bangladeshi pharmaceutical sector, which currently faces an import dependency of approximately 90 percent for active pharmaceutical ingredients.
Bangladesh Bank has signed an agreement with PKSF to disburse a Tk 5,000 crore special stimulus fund. The initiative aims to finance micro-enterprises and accelerate sustainable employment creation across the country.
The Economic Affairs Cabinet Committee has cleared the procurement of 14 liquefied natural gas cargoes alongside new fertilizer contracts and training simulators. Meanwhile, national grid gas supplies from floating terminals have dropped due to an ongoing cargo crisis.
ABC Facilities Limited has signed an agreement with bKash to disburse salaries digitally. The partnership will facilitate payments for the company's security guards.
Bangladesh Securities and Exchange Commission has initiated an official investigation into the Dhaka Stock Exchange. A dedicated three-member committee has been formed to probe appointments, financial transactions, conflicts of interest, and regulatory duties.
Finance Minister Amir Khasru Mahmud Chowdhury has indicated that a new pay scale could be announced within the current year. The development follows a high-level meeting held at the Ministry of Finance on August 17.
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