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 needs strong diplomatic engagement to delay its graduation from the Least Developed Country (LDC) category, as the country is likely to face multiple post-graduation challenges without adequate preparation, said Dr Mohammad Abdur Razzaque, chairman of the Research and Policy Integration
Readymade garment (RMG) exports to the European Union and several non-traditional markets, including Australia, India and South Korea, posted negative growth during the first five months of the current fiscal year, reflecting mounting pressures from weak global demand and intensifying competition.
The negative margin accounts of subsidiaries of non-bank financial institutions (NBFIs) slated for liquidation should be settled through liquidators to avoid potential selling pressure on the equity market, experts said. The recommendation comes after the Bangladesh Bank proposed the liquidation o
The Executive Board of the International Fund for Agricultural Development (IFAD), at its 146th session held on December 9-10, approved US$51.4 million in financing as IFAD's contribution to a $211.7 million project in Bangladesh, a spokesman said on Saturday. The new investment aims to enhance cl
The government is likely to significantly reduce the project aid portion in the upcoming Revised Annual Development Programme (RADP) for the current fiscal year (FY) 2025-26, as many agencies have failed to implement projects on time, officials said on Saturday. The allocation from foreign project
Bangladesh is facing a growing "systemic shock" from non-performing loans (NPLs), with bad debts reaching record highs in 2024-25 and laying bare deep vulnerabilities in the country's banking sector. The sharp deterioration in asset quality has constrained banks' ability to lend and raised fresh c
The Executive Board of the International Fund for Agricultural Development (IFAD), at its 146th session held on December 9–10, 2025, has approved US$51.4 million in financing for Bangladesh as part of a US$211.7 million development project, a spokesman said on Saturday. The new investment ai
The slump in demand for key building materials, including MS rod and cement, continues due to a sluggish economy, investment slowdown, and limited implementation of public-sector development projects, sector insiders say. They say the demand for construction materials remains almost half compared
The outstanding consumer loans and advances in the country's banking sector maintained an upward trend over the last two quarters of 2025, according to Bangladesh Bank (BB) data. The volume of aggregate consumer credit exceeded Tk 1.50 trillion at the end of third quarter (July-September) of 2025,
Bangladesh is inching towards a 'high debt-burden nation' as the country's interest payment has entered into "highest expenditure club" over the last few years posting 17 per cent increase in revenue budget allocation year-on-year in the last fiscal, official data showed. The expenditure has cross
The National Board of Revenue (NBR) has managed to utilise only Tk 102.32 million--a mere 0.61 per cent of the total Tk 16.86 billion allocation--for a flagship project designed to modernise the country's customs system and cut international trade processing time by 25 per cent. As a result, the I
An equity-backed public limited company with an initial paid-up capital of Tk 4.25 billion has been formed to finance startups and facilitate promising economic ventures in the country, sources said. Under the guidance of the Bangladesh Bank (BB), the company -- Bangladesh Start-up Investment Comp
