Trade and Economy
Government to import 5 cargoes of LNG in August
The government will import five more cargoes of liquefied natural gas (LNG) in August, totalling approximately 16 million British thermal units (MMBtu).
Government tightens aromatic rice export as domestic demand, prices soar
The government is tightening measures on aromatic rice exports as demand and prices have risen abnormally in the domestic market. The Ministry of Commerce has initiated steps to review, reduce or adjust previously approved export quotas. To this end, export-permitted companies have been asked to submit details of the actual quantity of aromatic rice exported abroad within the next three working days.
Person-to-person transactions via Bangla QR from Nov 1
Bangladesh Bank has taken the initiative to launch person-to-person (P2P) money transfers through Bangla QR to reduce cash transactions and increase digital payments. Banks, mobile financial services (MFS), payment service providers (PSPs) and payment system operators (PSOs) have been asked to be ready to offer this facility from November 1.
BSEC forms committee to probe allegations against DSE top officials
The Bangladesh Securities and Exchange Commission (BSEC) has launched an inquiry into allegations of financial irregularities, corporate governance lapses, recruitment violations and involvement in securities trading against senior officials of the Dhaka Stock Exchange (DSE).
Gold, silver prices rise again in domestic market
Gold and silver prices have risen again in markets across the country, with the Bangladesh Jewellers Association (BAJUS) raising the price of 22-carat gold by Tk 1,633 per bhori amid fluctuations in global and domestic bullion markets.
Middle East war causes huge losses, BPC seeks Tk 18,000 crore subsidy
The state-run Bangladesh Petroleum Corporation (BPC) is facing substantial financial losses as fuel prices have risen in the global market amid the ongoing war in the Middle East.
US urges Bangladesh to disclose government procurement information
The United States has recommended that Bangladesh make information on government procurement contracts publicly available.
Trade talks are underway with 12 countries: Commerce Minister
Bangladesh is in talks with 12 countries, including Indonesia and Malaysia, to sign free trade agreements (FTAs), Commerce Minister Khandaker Abdul Muktadir has said.
Inflation drops at the very beginning of new fiscal year
After remaining above 9 percent for three consecutive months, the country's inflation rate dropped to 8.32 percent in July. The Bangladesh Bureau of Statistics (BBS) published this data regarding the decline in inflation in the first month of the new fiscal year.
Government leases out 3 state-owned jute mills
To reopen three long-closed state-owned jute mills, the government has leased them out to two private conglomerates. The agreements were signed with the Bangladesh Jute Mills Corporation (BJMC) in the presence of Prime Minister Tarique Rahman on Tuesday.