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Bangladesh Bank Governor Dr. Ahsan H. Mansur revealed that an estimated $18 to $20 billion has been illegally siphoned out of the country. Speaking at an event, he stated that documenting these transactions is time-consuming but currently underway. Once the investigations are complete, steps will be taken to repatriate the funds. He also mentioned that a joint investigative task force is already operational and may be expanded. In FY 2023–24, the Financial Intelligence Unit received 17,345 suspicious transaction reports—a 22.96% increase from the previous year.

28 May 25 1NOJOR.COM

$18–20 Billion Illegally Transferred from Bangladesh: Central Bank Governor

For the first time in its history, Bangladesh’s per capita income has reached $2,820, the highest on record, according to preliminary data for the fiscal year 2024–25 from the Bangladesh Bureau of Statistics (BBS). This marks an increase of $82 from last year’s $2,738. The previous highest was $2,793 in FY 2021–22. BBS clarified that the per capita income figure does not represent individual earnings but is derived from the country's total national income—including domestic production and remittances—divided by the population.

28 May 25 1NOJOR.COM

Bangladesh’s Per Capita Income Hits All-Time High at $2,820

The government expects to secure $1 billion in support from Japan, with $500 million earmarked for direct budgetary assistance, according to Press Secretary Shafiqul Alam. He confirmed that the Chief Adviser is set to visit Japan, where he will meet with around 300 Japanese investors. Discussions will focus on boosting Japanese investments in Bangladesh’s economic zones. Shafiqul also mentioned that the proposed Maheshkhali-Matarbari development plan would require around $140 billion in investments, featuring six port terminals capable of handling the world's largest ships and contributing to the development of Cox’s Bazar.

27 May 25 1NOJOR.COM

Bangladesh Seeks $1 Billion in Support from Japan, Including $500M for Budget Aid

According to BIDA, Bangladesh received $756 million in net foreign direct investment (FDI) between October last year and March this year. During this period, BIDA registered 739 industrial projects, including 66 wholly foreign-owned and 61 joint ventures. Additionally, BEZA signed land lease agreements with 16 firms—6 of which are fully foreign-owned and 3 joint ventures. This report comes amid recent claims from some industry players that no investment had arrived in the past eight months.

27 May 25 1NOJOR.COM

Bangladesh Attracts $756 Million in Net Foreign Investment in Six Months

Chief Adviser Dr. Muhammad Yunus has called for expedited development of Matarbari’s infrastructure to transform the coastal region into a leading production and export-oriented free trade zone. “Our vision is to make Matarbari a central hub for ports, logistics, manufacturing, and energy,” he said. He emphasized the need to attract large-scale foreign investment to meet this goal and disclosed plans to establish a second exclusive Japanese economic zone in the Matarbari Integrated Development Initiative (MIDI) area.

27 May 25 1NOJOR.COM

Chief Adviser Urges Acceleration of Matarbari Development to Turn Coastal Belt into Major Export Hub

Speaking at a seminar, Dr. Salehuddin Ahmed, Economic Adviser to the government, affirmed Bangladesh’s commitment to ensuring transparency, efficiency, and accountability in financial services. He emphasized that sustainable development rests on three pillars: accountability, transparency, and ethical governance. “These are not abstract concepts, but practical necessities,” he stated. He noted that monitoring, auditing, and implementation practices help turn policy documents into real, tangible benefits for the people.

27 May 25 1NOJOR.COM

Bangladesh Committed to Transparency and Accountability in Public Investment: Economic Adviser

Economic Adviser Salehuddin Ahmed has called for abandoning unnecessary and overly expensive development projects in favor of initiatives that directly benefit the public. He emphasized the need for ethical, transparent, and need-based development planning, noting that unqualified contractors often receive projects without delivering expected outcomes. He stressed the importance of thorough audits and feasibility assessments to ensure meaningful progress in the country's socio-economic landscape.

26 May 25 1NOJOR.COM

Focus Should Shift to People-Centric Development, Says Economic Adviser

The Ministry of Power, Energy, and Mineral Resources reported a 21% increase in gas supply to industrial sectors in the first four months of this year compared to the same period in 2024. The ministry further stated that an additional 150 million cubic feet of gas will be supplied daily starting May 28. Petrobangla has also taken note of misleading statements by some industrial associations regarding gas supply, asserting that the government remains committed to improving industrial energy provisions.

26 May 25 1NOJOR.COM

Gas Supply to Industry Rose 21% in First Four Months of This Year: Energy Ministry

The Government of Bangladesh has signed a $270 million loan agreement with the World Bank to support the “B-Strong” initiative aimed at post-flood recovery. The funds will be used to repair damaged roads, embankments, and provide rehabilitation aid to affected communities following last year’s devastating floods. The loan includes a 5-year grace period and is repayable over 30 years. It carries a 0.75% annual service charge and 1.25% interest rate, with a 0.5% maximum commitment fee on undisbursed funds.

26 May 25 1NOJOR.COM

World Bank to Lend Bangladesh $270 Million for Flood Recovery Project

Bangladesh Investment Development Authority (BIDA) is set to host a joint investment and trade summit with China on June 1. BIDA Executive Chairman Ashiq Chowdhury confirmed that 250 Chinese investors and business leaders—representing around 100 companies including 6–7 from the Fortune 500 list—will attend. Delegates will also include top representatives from four Chinese Chambers of Commerce. The Chinese delegation will be led by Commerce Minister Wang Wentao. A similar international investment summit was held in Dhaka in April.

26 May 25 1NOJOR.COM

Bangladesh-China Investment Summit on June 1 to Host 250 Chinese Investors

Land Adviser Ali Imam Majumder stated that the integration of digital technologies in land services has significantly improved user satisfaction. “This digital transformation is essential,” he said, emphasizing the need for intensive training in survey and settlement operations at the early stages.

He revealed that the government is now earning an average daily revenue of Tk 10–12 crore through online land services. Services like land registration, land development tax, and record issuance have been fully digitized and made cashless, he added.

25 May 25 1NOJOR.COM

Digital Land Services Generate Tk 10–12 Crore Daily Revenue: Land Adviser Ali Imam Majumder

Chaired by the Chief Adviser, the Executive Committee of the National Economic Council (ECNEC) has approved nine development projects, including a major upgrade of the grid power evacuation system. The total estimated cost for these projects is BDT 11,851 crore. Of this, BDT 8,046 crore will come from government funds, BDT 2,988 crore from foreign aid, and BDT 816 crore from the implementing agencies’ own funds.

24 May 25 1NOJOR.COM

ECNEC Approves Nine Projects Including Grid Power Evacuation System Upgrade

Bangladesh Bank Governor Dr. Ahsan H. Mansur has announced that newly printed currency notes will be introduced ahead of Eid-ul-Azha. The new notes will feature historic landmarks of Bangladesh, with no portraits of individuals. Printing of the new Tk 20 note is nearly complete and is expected to be handed over to Bangladesh Bank next week. Printing of Tk 50 and Tk 1,000 denominations will follow shortly. The central bank will decide on the official release date. Dr. Mansur also addressed efforts to repatriate laundered money, stating that international pressure following media reports has led to the freezing of illicit funds, marking a significant first step in the recovery process.

24 May 25 1NOJOR.COM

New Eid Banknotes to Feature Historic Landmarks, No Portraits: Bangladesh Bank Governor

The Ministry of Finance has issued a circular announcing an increase in the daily wage for temporary laborers working in government offices. Effective July 1, the maximum daily wage will rise to Tk 800, up from the previous range of Tk 575–600.

In Dhaka and Chattogram City Corporation areas, workers will now earn Tk 800 daily—an increase from the earlier Tk 600 for skilled workers and Tk 575 for unskilled labor. In divisional capitals and other city corporations, the new wage has been set at Tk 750, up from Tk 550–600. For district and sub-district levels, the wage for unskilled laborers will now be Tk 700, compared to the earlier rates of Tk 500–550.

23 May 25 1NOJOR.COM

Daily Wage for Government Laborers Raised to Maximum Tk 800

Dr. Salehuddin Ahmed, Economic Adviser to the government, has expressed concern over increasing public criticism. "Many call us incompetent—that’s fine. Criticism is a part of democracy. But such statements damage our image internationally and create negative impressions," he said.

He added, "There’s been talk of various tax exemptions. Once the budget is released, we’ll face tough questions. It’s not easy to determine what’s socially or publicly acceptable. Still, the IMF couldn’t impose everything they wanted—we’ve reached a workable solution."

Banking expert Masrur Arefin noted, "While there haven’t been major breakthroughs in the past nine months, we’ve succeeded in stopping widespread irregularities and money laundering in the banking sector. That itself is a significant achievement. However, political uncertainty is again on the rise."

23 May 25 1NOJOR.COM

Public Criticism Damaging Our Image Abroad, Says Economic Adviser Salehuddin


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