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Islamic Banks’ Remittances Plummet, Conventional Banks Thrive

Islamic banks experienced a 27% decline in remittances channeled, totaling $448 million in June 2026, as reported by Bangladesh Bank (BB). Their share of...

Bangladesh and China Collaborate to Modernize Silk Sector

Bangladesh and China are set to enhance collaboration in research, technology, and knowledge exchange to modernize the traditional silk sector for improved productivity and...

Bangladesh Minister Advocates Industry-Education-Government Collaboration

The Minister of Commerce, Industries, Textiles, and Jute, Khandakar Abdul Muktadir, emphasized the importance of collaborative efforts between industry, academia, and the government for...

“Bangladesh Invites Lithuanian Tech Firms for Investment”

Commerce Minister Khandakar Abdul Muktadir has encouraged Lithuanian technology firms to consider investing in Bangladesh's rapidly growing ICT, fintech, and other technology-based industries. The...

“Gov’t Monitors Aromatic Rice Exports Amid Price Surge”

The government is closely monitoring the export of aromatic rice in response to a significant surge in domestic prices. Exporters have been instructed to...

“SILQ’s Fina Secures $100M to Boost Saudi Merchants’ Funding Access”

SILQ, the parent company of ShopUp, has successfully raised $100 million in funding for its financial services arm, Fina, with the aim of enhancing...

“Huawei Launches Grid-Forming Inverter in Bangladesh”

Huawei introduced Bangladesh's inaugural grid-forming smart string inverter and extensive battery energy storage system on the previous day. The initiative aims to enhance renewable...

“Bangladesh Faces Funding Hurdles to Achieve SDGs”

Bangladesh is facing significant challenges in achieving the Sustainable Development Goals due to poor revenue generation, slow private investment, and institutional weaknesses, speakers cautioned...

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