April Remittance Hits USD 2.27 Bn, Boosting Forex Reserves

• Beza to Build Green Factory Hub with Foreign Developer: 500 acres in Mirsarai SEZ to be allocated for a sustainable industrial zone under a PPP model to attract foreign investors.

• Bangladesh Gets USD 2.27 Bn in April Remittance: Remittance inflow in the first 26 days of April hit a record, averaging USD 87.3 Mn per day.

• Starlink Gets Regulatory Nod to Launch in Bangladesh: The BTRC has approved the licence for Elon Musk’s Starlink to provide satellite internet services. Source

• Bangladesh Races to Expand Air Cargo Capacity: Following India’s abrupt halt on transshipment, Bangladesh is scaling up air cargo operations to sustain exports. Source

• Walton to Manufacture Lithium-Ion Batteries Locally: The electronics giant to start local production of high-quality battery cells for tech and export markets. Source

• NBR Targets 10.5% Tax-GDP Ratio by FY35: A 10-year revenue strategy is launched to enhance fiscal resilience and meet IMF commitments. Source

• Bangladesh Convinces IMF to Lower Revenue Target: Government negotiates BDT 170 Bn reduction in additional tax collection goal for FY26. Source

Economy & Banking

• Record USD 2.27 Bn Remittance in April: Bangladesh received USD 2.27 billion in remittances in the first 26 days of April, averaging USD 87.3 million per day, helping bolster foreign exchange reserves. Source

• Forex Reserves Reach USD 26.79 Bn: According to Bangladesh Bank, reserves stand at USD 26.79 billion officially, while IMF-calculated reserves stand at USD 21.43 billion. Source

• Government May Cut Subsidies and Incentives in FY26: Facing fiscal pressure, the interim government is considering reduced allocations for subsidies and export incentives in the upcoming budget. Source

• Revenue Target for FY26 Set at BDT 5.64 Tn: The government aims for 4.25% revenue growth next fiscal year amid a smaller planned budget. Source

• NBR to Collect Travel Tax Directly: The National Board of Revenue will now collect travel tax from passengers directly instead of via airlines. Source

• World Bank Pushes for Banking Reforms: The WB urges Bangladesh to restructure state banks, control NPLs, and enact a bankruptcy law to restore financial confidence. Source

Infrastructure & Energy

• 18,000MW Power Production Planned for Summer: Load shedding will be minimized with planned power generation during peak summer months. Source

• China Signals Readiness for Teesta and Rail Projects: China offers to collaborate on digital, marine, and green economy projects including Teesta restoration. Source

• Matarbari Port Deal Signed: Bangladesh signed a contract for construction of two jetties, launching Phase-1 of its first deep-sea port. Source

Trade & Commerce

• Garment Exports to EU Jump 37% in Jan–Feb: RMG shipments to the EU hit USD 3.69 Bn with a 39% increase in volume, though unit prices fell slightly. Source

• Beza Plans Green Factory Hub: Beza will allocate 500 acres at Mirsarai SEZ for a PPP-led sustainable industrial zone to attract foreign investors. Source

• Bangladesh Looks to Boost Air Cargo Capacity: With India's transshipment ban in effect, Bangladesh is expanding domestic air cargo operations for exporters. Source

• Chattogram Port Privatization Faces Pushback: CPA chairman supports foreign operator appointment for NCT, while workers and political parties protest the move. Source

• Bangladesh and Bhutan Explore Agri Trade Expansion: Both countries seek to enhance trade in agricultural goods like spices and vegetables. Source

International

• IMF Maintains Growth Forecast for Bangladesh: Bangladesh’s GDP is projected to grow 3.76% in FY25 and 6.53% in FY26, showing macroeconomic stability. Source

• OPEC Extends USD 100 Mn Budgetary Support: The OPEC Fund signed a financing deal to support Bangladesh’s economic reform drive. Source

• CA Calls for Global Action on Rohingya Crisis: Chief Adviser Yunus proposed a UN-hosted conference and urged swift international support. Source