Industrial stagnation and shrinking private investment have caused 1.4 million (14 lakh) people to lose jobs, leaving them “wandering on the streets without employment,” Ha-Meem Group Managing Director and former FBCCI president A.K. Azad said on Saturday. Speaking at the opening sessi
Bangladesh received its highest monthly remittance inflow of the current fiscal year FY 2025-26, crossing US $2.88 billion November.This substantial inflow translates to an average daily remittance of approximately $96.3 million. In the five month of the current fiscal year Bangladeshi expatriates
The government has given final approval to two separate projects involving Tk 21.06 billion to construct 2,364 residential flats for injured protesters who can no longer work and for the families of those killed during last year’s anti-discrimination student movement. The Executive Committee
Rice accounted for about 47 per cent of total food inflation in October, while vegetables had a strong negative impact because of seasonal abundance, according to the Economic Update and Outlook for November 2025 prepared by the General Economics Division (GED). Protein items — including bee
Former adviser to the caretaker government Dr Hossain Zillur Rahman has said that Bangladesh has long been viewed as a “resilient nation” with a resilient economy. In reality, however, the country is now trapped in a state of “joyless resilience”—meaning that although
Non-performing loans (NPLs) in Bangladesh's agriculture sector have surged to substantial levels, with nearly 34 per cent of outstanding farm credit now classified as defaulted, according to the latest Bangladesh Bank (BB) data. The sharp rise has heightened concerns over the financial stability o
The Investment Corporation of Bangladesh (ICB) has urged the authorities concerned to take necessary steps so that its officials are not enlisted as defaulters by the central bank's Credit Information Bureau (CIB), when they are nominated as directors of any loan defaulter company. The state-run e
The private sector is facing a deepening crisis as persistent gas shortages and repeated energy price hikes have slashed output up to a half in key industries, sparking concerns over economic growth, employment, and competitiveness of Bangladesh's manufacturing base, economists and industrialists w
Bangladesh's large industrial sector recorded a subdued performance in September, weighed down by contractions in major segments including clothing and textiles. The slowdown comes despite earlier signs of momentum at the start of the fiscal year. Large industries, which make up more than 11 per
Despite the ongoing digital transformation in the banking sector, about 75 per cent of total customers in the country still remain outside any digital banking services, according to a study by the Bangladesh Institute of Bank Management (BIBM). "The percentage of total customers who currently use
Bangladesh's economy is trapped in a difficult-to-break vicious cycle of high interest rates, persistent inflation, weak investment, and slowing gross domestic product (GDP) growth, making it increasingly challenging to revive private-sector activities, experts say. They note that the financial se
Bangladesh’s economy has slipped into a vicious circle of high interest rates, persistent inflation, weak investment and slowing GDP growth, making it increasingly difficult to break out of the cycle, said Dr Zaidi Sattar, Chairman of the Policy Research Institute of Bangladesh (PRI). Speaki
The classified loans in the country’s banking sector hit an all-time high at Tk 6.44 trillion in September 2025, accounting for 35.73 per cent of the entire loans worth Tk 18.04 trillion disbursed by all scheduled banks. The volume of non-performing loans (NPLs) rose to Tk 6.44 trillion as o
