Bangladesh and Singapore have expressed hope for an early conclusion of a proposed bilateral free trade agreement and called for stronger business-to-business ties to expand trade and investment.
Bangladesh authorities have stepped up efforts to recover $2.5 billion in assets allegedly siphoned abroad by 42 major loan defaulters, central bank officials said.
Bangladesh Prime Minister Tarique Rahman said Sunday that maintaining peace and public order is essential for attracting investment, establishing factories and creating jobs.
Power shortages have worsened across Bangladesh, with average hourly load shedding reaching around 3,000 megawatts Sunday as electricity demand rebounded and gas and coal constraints limited generation.
Bangladesh’s import letter of credit settlements edged higher in fiscal 2026, rising just 0.09% from the previous fiscal year, according to provisional data from Bangladesh Bank.
Kaliakair Hi-Tech Park has attracted $283 million in investment against proposed investments totaling $1.63 billion, posts, telecommunications and information technology minister Faqir Mahbub Anam said Saturday.
Saudi Arabia became Bangladesh’s largest source of remittances in fiscal year 2025-26 as total inflows reached an all-time high of $35.5 billion, according to Bangladesh Bank data.
Bangladesh and South Korea signed a comprehensive economic partnership agreement Tuesday that will provide preferential tariff access for 97% of Bangladeshi goods and 87% of South Korean exports.
Bangladesh imported 9.2 tonnes of green chili from India through Benapole land port as the government seeks to increase supplies and reduce domestic prices.
State minister for youth and sports Md Aminul Haque said Tuesday that the government aims to eliminate educated unemployment by expanding skills training and job opportunities for young people.
