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Govt Allocates $200M in Export Incentives Ahead of Eid
Last Week’s Bangladesh Top Stories, Brewed for Your Morning Tea
☕️ RetrospecTea is your Weekly-Brew of Quick Highlights for a brief snapshot, and dive into the Detailed Insights section for a deeper understanding
— all perfectly paired for your morning tea!
Quick Highlights
Bangladesh Secures $1.66B in Remittance in 15 days of March, expected to cross $3B for the month. Source
Govt Allocates $200M in Export Incentives to support wages in export industries before Eid. Source
Chinese Solar Giant Longi to Invest in Bangladesh’s renewable energy sector. Source
Bangladesh’s Trade Competitiveness Rises as the Taka depreciates to a more realistic value. Source
New Jamuna Bridge to Boost Trade by improving railway connectivity and regional commerce. Source
Bangladesh to Import More U.S. Cotton to reduce risks of tariffs under a potential Trump administration. Source
Three More RMG Factories Earn LEED Certification, strengthening Bangladesh’s green manufacturing push. Source
Govt Extends VAT Exemption on Edible Oil until June to protect consumers from price hikes. Source
Bangladesh Secures $2.2B AIIB Loan for MSME development and economic growth. Source
Bangladesh-UK Strengthen Trade Relations in talks focusing on aviation, education, and renewables. Source
Banks Required to Allocate 20% of Green Funds to women entrepreneurs as part of financial inclusion reforms. Source
Bangladesh Plans Smooth Transition for LDC Graduation, preparing strategies to mitigate financial impacts. Source
Weekly Detailed Insights
Economy & Banking
Govt Allocates $200M in Export Incentives: To support wages and bonuses in export industries before Eid, the government has disbursed BDT 20 Bn in cash incentives. Source
Bangladesh Secures $1.66B in Remittance: Expatriates sent $1.66B in the first 15 days of March, with total inflows expected to surpass $3B for the month. Source
Govt Prepares Smooth Transition for LDC Graduation: Officials are drafting strategies to mitigate higher loan costs and trade challenges post-2026 graduation. Source
Revenue Shortfall May Reach BDT 1.05T in FY25: Bangladesh’s revenue collection grew by only 4.4% in July-December, widening the fiscal gap. Source
Bangladesh Bank Seeks $2.2B AIIB Loan for MSMEs: The funds will be used to enhance small business financing under the ‘Sustainable Development for CMSME’ project. Source
Banks Must Allocate 20% of Green Funds to Women Entrepreneurs: A new Bangladesh Bank directive aims to boost financial inclusion by channeling more funds to female-led businesses. Source
Policy & Infrastructure
New Jamuna Bridge to Enhance Trade & Connectivity: The Japan-funded railway bridge is expected to boost trade and regional investments significantly. Source
Govt Prepares to Outwit Dishonest Businesses: Officials are implementing stricter measures to curb artificial price hikes in essential commodities. Source
Govt Scraps $1.06T Health Program Over Mismanagement Concerns: The Ministry of Health has discontinued its long-running development plan due to inefficiency and financial risks. Source
Tariff Commission Seeks VAT Exemption Extension on Edible Oil: Authorities propose extending the tax break to ease consumer costs. Source
Trade & Commerce
Bangladesh to Import More U.S. Cotton to Avert Tariff Risks: Officials plan to increase imports from the U.S. to secure better trade terms amid concerns over future tariffs. Source
Mongla Port Sees 36.78% Drop in Container Handling: The economic slowdown has reduced trade activity at Bangladesh’s second-largest seaport. Source
Private ICDs Increase Charges for Patenga Terminal: Container handling costs at Patenga Terminal will rise by BDT 1,000-2,000 per container starting April 1. Source
International
Chinese Solar Giant Longi to Invest in Bangladesh: Longi, a global leader in solar panel manufacturing, is setting up operations in Bangladesh’s renewable energy market. Source
Bangladesh-UK Reinforce Trade Relations: High-level talks between Bangladesh and the UK focused on collaboration in aviation, education, and renewable energy. Source
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Each week, we focus on bringing you Bangladesh's top stories from the economy, finance, business, and international relations — providing a curated selection of key highlights, minus the noise!