Economy / Bangladesh

Remittance hits record $3.75b in March

Remittance hits record $3.75b in March

Bangladesh's remittance receipts touched a historic milestone in March, as expatriates funneled record volumes of foreign currency into the country to support families for the Eid-ul-Fitr festivities, even though regional conflict cast a long shadow over future inflows. According to the latest dat


ADP implementation improves slightly

ADP implementation improves slightly

Bangladesh's development-budget execution has shown modest improvement in the current fiscal year (FY 2025-26), with public agencies completing just over 30 per cent of planned spending in the first eight months. However, the overall pace remains below pre-2024 levels, as weak performance in sever

LSM shrinks 6.34pc on apparel slowdown

LSM shrinks 6.34pc on apparel slowdown

The large-scale manufacturing (LSM) sector contracted sharply in December last, underlining mounting pressure on the country's industrial base amid weak exports and rising global uncertainties. Output in the sector fell 6.34 per cent year on year in December of the current fiscal year, according t

Govt to review tax evasion by major companies

Govt to review tax evasion by major companies

The Bangladesh government is reviewing alleged tax evasion by major companies as it attempts to raise revenue amid the “three-sided challenge” of economic recovery amid various crises in the macro economy, the implementation of the BNP election manifesto, and rising fuel prices amid the

Tax on rich may rise, inheritance tax likely

Tax on rich may rise, inheritance tax likely

A raise in taxes on wealthy individuals in the budget for the next fiscal year is under consideration as part of upgraded fiscal measures geared towards enhancing revenues in proportion to Bangladesh's gross domestic product (GDP). The government's revenue authority -- the National Board of Revenu

Rural economy in focus amid stalled project scrutiny

Rural economy in focus amid stalled project scrutiny

Strengthening the rural economy is on new government's "top priority", even as more than 1,800 development projects from previous administrations remain under the scanner over poor implementation and alleged corruption, says the finance minister. Finance and Planning Minister Amir Khosru Mahmud Ch

Subdued taka improves BD's trade competitiveness

Subdued taka improves BD's trade competitiveness

Taka edges closer to its equilibrium level against the US dollar and the subdued local currency helps improve Bangladesh's global trade competitiveness by way of lowering product prices. The real effective exchange rate (REER) index stood at 101.43 in February 2026, down from 102.02 a month earlie