Tag: Government News

48 news articles tagged with "Government News"

Economy & Finance ★ Editor's Pick Jul 16, 2026

Bangladesh Proposes New Law Allowing Private Firms to Recover Defaulted Loans

The Bangladesh government has proposed the Distressed Asset Management Act (DAMA), which would allow licensed private companies to purchase, restructure, and recover defaulted loans. With distressed loans at Tk 10.91 trillion (nearly 60% of all disbursed loans), the law aims to clean up bank balance sheets and restore credit flow.

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.

RMG & Textile Jul 25, 2026

BGMEA and GRI Sign Strategic Partnership to Advance Sustainability Reporting in Bangladesh Apparel

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Global Reporting Initiative (GRI) have signed a Strategic Partnership Agreement to advance the Improving Transparency for Sustainable Business (ITSB) Initiative in Bangladesh's textile and apparel sector, formalising a collaboration that began in 2025.

RMG & Textile Jul 25, 2026

Bangladesh RMG Exports Face Extended Slump as Gulf War and Oil Shock Hit Buyer Demand

Bangladesh's garment exports are unlikely to recover in coming months as the Gulf war drives up energy costs, fuels inflation in Western markets, and leaves retailers with excess inventory. FY26 RMG earnings fell 1.64% to $38.70 billion, with exporters describing a 'perfect storm' of challenges.

Policy & Regulation Jul 25, 2026

Bangladesh Must Build Stronger Chemical Industry to Cut $6.2 Billion Import Bill, DCCI Urges

Bangladesh imported $6.2 billion worth of chemicals in FY25 (up 17.8%), with textiles, pharma, and leather heavily dependent on imports. DCCI seminar calls for developing a strong domestic chemical industry to reduce import dependence and improve export competitiveness.

Investment & FDI Jul 25, 2026

Akij Aviation Launches Commercial Helicopter Charter Services in Bangladesh

Akij Group has entered Bangladesh's commercial helicopter market through Akij Aviation Limited, launching charter operations with three helicopters — a Bell 505 for medical evac and two Robinson R66 for passenger services. The move aims to offset operating costs while expanding medical transportation access.

Trade & Commerce Jul 25, 2026

Benapole Revenue Target Cut 6% as India Trade Slumps and Customs Fraud Cases Surge

The National Board of Revenue (NBR) has set a 6% lower revenue target for Benapole Customs House as trade with India falls. Imports dropped 6% to 12.05 lakh tonnes due to trade restrictions, bilateral tensions, and 130 detected customs fraud cases in 6 months.

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Government News 48 Trade Policy 42 RMG Export 37 Dhaka 36 Bangladesh Bank 31 Press Release 28 FDI 28 BGMEA 27 LDC Graduation 23 Investment 23 Market Diversification 20 Export Promotion 19 Bangladesh Economy 19 Foreign Direct Investment 18 Sustainability 18 Apparel Export 16 EU Market 14 US Market 13 Trade Mission 12 Technology Transfer 11

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