Business

BERC panel proposes Tk 1,976 for 12kg LPG

BERC panel proposes Tk 1,976 for 12kg LPG

Bangladesh Energy Regulatory Commission (BERC) technical evaluation committee on Thursday proposed raising the maximum retail price of a 12kg private LPG cylinder by Tk 139 to Tk 1,976 from Tk 1,837, citing higher import, operational and financing costs.

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WB-backed economic zones attract $300m, create 42,000 jobs

WB-backed economic zones attract $300m, create 42,000 jobs

Bangladesh's economic zones have attracted nearly US$300 million in private investment with support from the World Bank, creating around 42,000 new jobs, according to a post by the World Bank Bangladesh on its official Facebook page on Wednesday.

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UN to decide Bangladesh's LDC deferment tonight

UN to decide Bangladesh's LDC deferment tonight

The UN General Assembly is set to decide tonight whether to grant Bangladesh a three-year extension of its preparatory period for graduation from the least developed country (LDC) category.

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Banking recovery expected by March-April 2027: BB

Banking recovery expected by March-April 2027: BB

Bangladesh Bank (BB) expects visible improvements in banks' financial conditions by March-April 2027 through reforms restoring stability, governance and normal credit flows, Deputy Governor Dr Md Habibur Rahman said on Wednesday.

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Bangladesh, Spain to boost trade, migration ties

Bangladesh, Spain to boost trade, migration ties

Bangladesh and Spain have agreed to deepen cooperation in trade, investment, skilled migration, tourism and cultural exchanges while accelerating pending bilateral agreements.

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Six-member RMG wage board gazette soon

Six-member RMG wage board gazette soon

The government will publish the gazette for a six-member garment minimum wage board, comprising employer, worker, government and independent representatives, once the workers' list arrives after employers' nominations, Labour Minister Ariful Haque Choudhury said on Tuesday.

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Remittance crosses $11.04b by Oct 26; gross reserves hit $36.41b

Remittance crosses $11.04b by Oct 26; gross reserves hit $36.41b

Expatriate workers sent $2.45 billion in the first 26 days of October, lifting Bangladesh's cumulative remittance inflow to $11.04 billion between 1 July and 26 October of the current fiscal year, Bangladesh Bank data showed on Tuesday.

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BB sets Dec 31 deadline for special loan rescheduling

BB sets Dec 31 deadline for special loan rescheduling

Bangladesh Bank (BB) has directed all financial companies operating in the country to complete receiving applications and obtaining board approval to provide special rescheduling and restructuring facilities to affected borrowers by 31 December 2026.

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India's L&T wins up to $1b Dhaka Metro Line 1 contracts

India's L&T wins up to $1b Dhaka Metro Line 1 contracts

Indian engineering, procurement, construction and high-tech manufacturing conglomerate Larsen & Toubro (L&T) has won contracts worth up to $1 billion to design and build two key Dhaka Metro Rail Line 1 system packages.

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