Tag: Government News

48 news articles tagged with "Government News"

Policy & Regulation ★ Editor's Pick Aug 01, 2026

PM Tarique Rahman Pledges Dedicated Industrial FSRU and 14-Day Business Approvals

PM Tarique Rahman has pledged a dedicated FSRU for industrial gas supply, 14-day business approvals, 24/7 customs at Chattogram Port, and e-visas for investors. The announcements came at a meeting with business leaders targeting $100 billion exports by 2030.

Economy & Finance ★ Editor's Pick Jul 31, 2026

Bangladesh Development Spending Plunges to 53-Year Low Amid Austerity and Administrative Disruption

Bangladesh's annual development spending fell to its lowest level in over five decades, with ADP implementation at just 67.5% in FY2025-26 — the lowest since 1974. Ministries spent Tk 141,071 crore against a revised allocation of Tk 208,935 crore.

Policy & Regulation ★ Editor's Pick Jul 30, 2026

PM Tarique Rahman Orders Reopening and Privatisation of Closed State-Run Factories by 2026

Prime Minister Tarique Rahman has directed authorities to complete the reopening and privatisation of long-closed state-owned industrial units by 2026. The directive came at a high-level meeting attended by key ministers and BIDA chairman.

Policy & Regulation ★ Editor's Pick Jul 24, 2026

US Slaps 10% Tariff on Bangladesh Garments Citing Forced Labour Concerns

The United States has imposed a 10 percent tariff on imports from Bangladesh effective July 24, 2026, citing insufficient action against forced labour in supply chains. The duty raises total US tariff on Bangladeshi garments to 25.62%, but Bangladesh retains a competitive edge over China, Vietnam, and Thailand who face the higher 12.5% rate.

Logistics & Shipping ★ Editor's Pick Jul 23, 2026

PM Tarique Pledges Better Energy Supply Within a Year, FSRU Decision Soon

Prime Minister Tarique Rahman has pledged improved energy supply within one year and a decision on a third FSRU within a month, responding to mounting pressure from exporters over gas shortages.

RMG & Textile ★ Editor's Pick Jul 22, 2026

BGMEA Leaders Meet PM Tarique Rahman to Tackle Gas, Port and Tax Issues

A BGMEA delegation led by President Mahmud Hasan Khan met Prime Minister Tarique Rahman to flag gas shortages, port congestion and NBR bottlenecks, securing promises of a high-level panel and a one-month call on a third FSRU.

Investment & FDI ★ Editor's Pick Aug 02, 2026

FICCI President Calls for Predictable Policies to Attract $15 Billion FDI to Bangladesh

FICCI President Rupali Chowdhury has called for predictable policies, better logistics, and reliable energy to attract FDI, revealing Bangladesh's FDI-to-GDP ratio is just 0.29% compared to Vietnam's 4.23%. FICCI targets $15 billion annual FDI by 2030.

Policy & Regulation ★ Editor's Pick Jul 31, 2026

Bangladesh Businesses Need 31 Licences and 650 Days to Launch, BUILD Study Reveals

A BUILD study reveals that Bangladeshi businesses in some sectors need up to 31 licences, 235+ documents, and 650 days to start operations. The study proposes a Single Digital Business Identity Number and one-stop licensing platform to reduce compliance costs by 30-50%.

Tech & Innovation ★ Editor's Pick Jul 25, 2026

PM Tarique Targets Semiconductor as Bangladesh's Next Growth Engine After RMG

Prime Minister Tarique Rahman inaugurated the National Semiconductor Symposium and BEAR Summit 2026 at Novo Theatre, Dhaka, declaring semiconductors as Bangladesh's next major growth engine after RMG and unveiling tax waivers, cash incentives, and Tk 5 crore in annual startup grants.

Agriculture & Food ★ Editor's Pick Jul 25, 2026

Bangladesh Tea Sector in Crisis: Government Taskforce Prescribes 59 Sweeping Reforms

Bangladesh's tea industry is under mounting financial strain with exports down 79% since 2002 and production costs up 78.31% over the past decade. A government taskforce has prescribed 59 recommendations across 8 priority areas including cheaper credit, tax cuts, debt restructuring, and replanting.

Economy & Finance ★ Editor's Pick Jul 25, 2026

Bangladesh Classified Loan Accounts Double to 45.83 Lakh as Retail Defaults Surge

The number of classified loan accounts in Bangladesh's banking sector more than doubled to 45.83 lakh in March 2026, with the most dramatic surge in retail loans. NPL ratio rose to 32.7%, with Bangladesh Bank warning of 'mass retail-level deterioration' and 'widespread financial stress'.

Policy & Regulation ★ Editor's Pick Jul 25, 2026

Bangladesh Raises Cash Incentive on Local Yarn Usage from 1.5% to 5% to Revive Textile Sector

The Bangladesh government has increased the cash incentive for export-oriented factories using locally produced yarn from 1.5% to 5%, replacing bonded warehouse and duty drawback facilities. The Tk 35 billion move aims to curb yarn imports from India and revive the struggling textile sector.

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