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- Internet Speed to Double Nationwide Under New BTRC Policy
Internet Speed to Double Nationwide Under New BTRC Policy
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
Uniform Internet Pricing Rolled Out: ISPs announced three packages — 10 Mbps at BDT 500, 20 Mbps at BDT 800, and 30 Mbps at BDT 1,200 — ensuring consistent pricing across the country. Source
Telcos Expected to Lower Internet Prices: Telecom operators are likely to cut retail internet prices following a reduction in wholesale bandwidth costs. Source
China Signals Readiness to Expand Rail and Teesta Projects, enhancing infrastructure and strategic partnerships
Grameen Bank Govt Stake to Drop to 10%, strengthening financial autonomy and governance reform. Source
German Firms Eye Bangladesh for Investment, citing resilience amid US-China tariff tension. Source
Dhaka Bank Partners with J.P. Morgan, enhancing cross-border remittance efficiency in 40 currencies. Source
IMF Keeps Growth Forecast Steady, signaling macroeconomic stability despite challenges. Source
Credit Card Transactions in Foreign Currency Rise 6.1%, indicating improved domestic spending by global cardholders. Source
Weekly Detailed Insights
Economy & Banking
OPEC Approves USD 100 Mn in Budget Support: The OPEC Fund has extended USD 100 million in budgetary support to Bangladesh to help with economic and governance reforms. Source
World Bank Provides USD 850 Mn Loan: Bangladesh received USD 850 million from the World Bank for the Bay Terminal project and social protection expansion. Source
IMF Keeps Growth Forecast Nearly Unchanged: The IMF has projected GDP growth at 3.76% for FY25 and 6.53% for FY26, slightly lower than previous estimates. Source
Grameen Bank Govt Stake to Drop to 10%: An amendment to the Grameen Bank Ordinance will reduce government stake to 10%, increasing financial autonomy. Source
NBR to Collect Travel Tax Directly from Passengers: A new system will let passengers pay travel tax directly to the state, improving transparency. Source
Infrustructure & Industry
Deal Signed for Matarbari Deep-Sea Port Construction: Bangladesh signed a contract for the construction of two jetties in the first phase of Matarbari port. Source
Govt Approves Bay Terminal Support Project: The ECNEC has approved a BDT 135.26 Bn marine infrastructure development project for Bay Terminal. Source
BTRC Draft Policy to Cut Red Tape: A new telecom policy seeks to streamline licensing and reduce compliance burdens for operators. Source
Internet Speed to Double Under “One Country, One Rate” Plan: Base broadband speed will increase to 10 Mbps for BDT 500 per month. Source
Trade & Commerce
Garment Exports to US Grow 17%: RMG exports to the US grew 17% in July–March FY25, reaching USD 30.25 billion. Source
Bangladesh Seeks Duty-Free Access for US Cotton-Based Apparel: Bangladesh urged the US to provide duty-free access for garments made with US cotton. Source
China Ready to Expand Rail & Teesta Projects: China expressed readiness to invest in digital, green economy, and Teesta River management. Source
Bangladesh Eyes China as Mango Export Market: Exporters are targeting China as a low-cost, high-demand market for Bangladeshi mangoes. Source
FBCCI & Bhutan Explore Agri Trade Expansion: Bangladesh and Bhutan are aiming to boost agricultural trade, especially in fruits, vegetables, and spices. Source
Air Cargo Ops Expanded After India Ends Transshipment: Bangladesh is ramping up independent air cargo operations to maintain export flow. Source
Ctg Customs Posts 12% Revenue Growth: Customs revenue rose 12% in July–March FY25, aided by eased import restrictions. Source
International
US Tariffs Cost BD Over USD 1 Bn Annually: Bangladesh pays significantly more in tariffs to the US than it collects from American imports. Source
CA Urges Global Action on Rohingya Crisis in Doha: Chief Adviser Yunus calls for a UN-led conference and international resolution on the Rohingya issue. 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!