Oman and Bangladesh to Ink Manpower MoUs

Bangladesh has formed a national committee, led by the commerce adviser and Beza’s executive chairman, to evaluate the feasibility of establishing Free Trade Zones (FTZs), as announced on April 21, 2025. This move follows the Bangladesh Investment Summit (April 7–10), where attracting foreign investment, boosting exports, and creating jobs were key topics.

amuna Oil Company reported a 56% year-on-year profit increase to Tk 140.58 crore in Q3 of FY2024-25, driven by higher petroleum sales and increased interest income from deposits. Earnings per share (EPS) for January–March 2025 rose to Tk 12.73 from Tk 8.14 in the same quarter last year, while EPS for July 2024–March 2025 reached Tk 36.65, up from Tk 26.60.

Bangladesh and the European Union (EU) held the first round of negotiations on the Partnership and Cooperation Agreement (PCA) on April 10, 2025, in Brussels, aiming to finalize the agreement by 2026. The PCA seeks to establish a comprehensive framework for enhancing cooperation in areas like trade, investment, climate action, digital transformation, migration, human rights, and security.

UK Trade Envoy to Bangladesh, Baroness Rosie Winterton, emphasized the UK's commitment to deepening economic ties with Bangladesh during her first official visit. Highlighting the UK's role as Bangladesh's third-largest export market for ready-made garments and a top foreign investor, she stressed the goal of enhancing bilateral trade and investment.

The Energy and Mineral Resources Division of Bangladesh has announced that fuel prices will remain unchanged for April 2025, despite global market volatility. According to the directive, the retail prices will continue as follows: diesel at Tk 105 per litre, kerosene at Tk 105, octane at Tk 126, and petrol at Tk 122.

Bangladesh and the UK strengthened economic ties through trade and investment discussions in London from March 10-13, focusing on education, aviation, and renewable energy. UK Investment Minister Baroness Gustafsson and BIDA Executive Chairman Ashik Chowdhury explored expanding foreign direct investment (FDI) and bilateral business cooperation.