Economy

Extreme heat cost Bangladesh an estimated US$1.3-1.8 billion in lost productivity in 2024, equivalent to 0.3-0.4 per cent of gross domestic product (GDP), with the impact expected to worsen as temperatures continue to rise, according to a n...

Bangladesh's statistics agency is set to prepare to digitise the inflation data collection, a move officials say will speed up the release of consumer price figures and strengthen confidence among the people in one of the most closely watch...

Depressed development works in the transition time are among reasons that diminished Bangladesh's Annual Development Programme (ADP)-implementation rate to a historic low of 67.52 per cent in the past fiscal year, latest official data showe...

Bangladesh Bank has reduced the policy rate by 50 basis points to 9.50 per cent just a month after announcing a cautious and contractionary monetary policy aimed at inflation combat. Amid cries from business circles, the central bank makes...

Protracted, inefficient food-supply chains are amplifying the gap between farm-gate and retail prices of essentials, contributing to persistent food inflation and weakening consumers' purchasing power. A new study by the Centre for Policy...

Bangladesh Bank (BB) has formed a revolving pre-finance scheme worth Tk 20 billion (Tk 2,000 crore) to foster the development, sustainability and international competitiveness of the country’s leather and leather goods sector. The ce...

Bangladesh Bank (BB) has made it mandatory for applicants to withdraw all pending lawsuits filed against the government, the central bank, or the respective bank to qualify for any government-announced incentive packages or special policy s...

Bangladesh Bank (BB) has extended the deadline for Mobile Financial Service (MFS) providers and scheduled banks to comply with specific regulatory requirements for the ‘Add Money’ facility from bank cards to personal MFS account...