Industry

BB Doubles Exporters’ Retention Quota to 15pc

Dhaka: Bangladesh Bank (BB) has doubled the Exporters’ Retention Quota (ERQ) for merchandise exporters of goods with high import content, raising the permissible retention limit from 7.5 percent to 15 percent of the repatriated Free on Board (FOB) val…

Stocks Retreat as Late Selling Wipes Out Early Gains

Dhaka: The country’s stock market today ended lower as strong selling pressure in the final trading hour erased early gains amid persistent policy uncertainties and renewed tensions in the Middle East, dampening investor sentiment. The benchmark DSEX …

Remittance Inflow in Bangladesh Sees a 23.5% Rise in Early July

Dhaka: Bangladesh received US$2.095 billion in workers’ remittances during the first 21 days of July, the opening month of the 2026-27 fiscal year, marking a 23.5 percent increase compared with the corresponding period of the previous year.

Accordin…

CCEA Reduces Fertilizer Procurement Tender Period to 21 Days

Dhaka: The Cabinet Committee on Economic Affairs (CCEA) today has given approval in principle to reduce the minimum international open tender submission period for the emergency procurement of fertilizer raw materials from 42 days to 21 days to ensure…

Bangladesh’s Gross Forex Reserves Rise to $36.47 Billion

Dhaka: Bangladesh’s foreign exchange reserves stood at US$36.47 billion (gross), according to the latest data released by Bangladesh Bank today. The country’s gross foreign exchange reserves reached this figure, while reserves calculated under the IMF…