The fiscal incentives on electric bikes (e-bikes) in the new budget have appeared as an opportunity for local manufacturers to make hefty investments to promote environment-friendly vehicles in Bangladesh. The proposed budget for the fiscal year 2025-26 has offered tax benefits for the production
Bangladesh received US $1.15 billion in remittances in the first 14 days of June 2025, a slowdown of 30.1 per cent year-on-year. Despite this slide, Bangladesh's remittance earnings grew by 24.5 per cent in the current fiscal year 2024-25. Bangladesh received $28.65 billion in remittances so far i
The classified loans in the country’s banking sector hit an all-time high of Tk 4.20 trillion in March 2025, accounting for 24.13 per cent of the entire loans worth Tk 17.42 trillion disbursed by all scheduled banks. The volume of non-performing loans (NPLs) jumped by 22 per cent to Tk 4.20
Bangladesh Bank governor Dr. Ahsan H. Mansur has announced that the process of merging five private Islamic banks is at its final stage. He assured that no employees would lose their jobs as a result of this merger. Speaking at a press conference held at the central bank’s boardroom on Sund
The World Bank (WB) would provide US$250 million funds to facilitate improving transparency, accountability, and efficiency of some key government agencies in Bangladesh. The WB board on Saturday approved the loan to support the ongoing reform initiatives of the interim government, aimed at modern
Bangladesh Bank Governor Dr. Ahsan H. Mansur held important meetings separately with global experts to support key policy issues related to recovering stolen assets during his visit to London as part of the Chief Advisor's delegation. The central bank, in an official statement on Saturday, stated
The World Bank's Board of Executive Directors has approved $250 million in financing to strengthen public sector performance in Bangladesh by promoting transparency, accountability, and efficiency across key government agencies. The Strengthening Institutions for Transparency and Accountability (S
Businesses in Bangladesh have fallen into a holiday trap, with economic activity slowing due to supply chain disruptions and bank closures during the extended 10-day Eid-ul-Azha holidays. Export-import operations through land ports, delivery of goods to retailers and the supply of seasonal fruits
Despite some minor fluctuations, private sector credit growth in Bangladesh has maintained a downward trend since the fall of the Awami League government in the wake of the July Uprising. According to the latest data published by Bangladesh Bank, credit growth in April stood at 7.5 per cent, marki
The government has allocated 40.05 per cent of total social assistance to be distributed through digital cash transfers in the proposed national budget for FY 2025-26 (FY26), aiming to enhance transparency and efficiency in the sector. Social assistance remains the largest functional category with
The World Bank (WB) has projected that the economy of Bangladesh would grow by 3.3 per cent in the fiscal year (FY) 2024-25, ending June 30. The GDP (gross domestic product) growth of Bangladesh is estimated to rise at 4.9 per cent in the FY '26 from the previous level, according to the WB's lates
The interim government has cut the country's macroeconomic outlook on a large scale trimming down the economic-growth targets for the next three fiscal years up to FY2028. Economists have, however, termed the revised economic growth targets and other macro-economic outlook as 'unrealistic' amid th
The government has allocated Tk 1.17 trillion (Tk 1,167.31 billion) for social security programmes in the proposed national budget for the fiscal year 2025-26, marking a significant increase and reaffirming its commitment to poverty alleviation and human rights. According to the budget document, t
