Economy / Bangladesh

Business activity slows as March PMI dips

Business activity slows as March PMI dips

Bangladesh's business activity lost momentum in March, with the latest Purchasing Managers' Index (PMI) pointing to a slowdown across key sectors.  While the economy continues to expand overall, emerging weaknesses in manufacturing and construction are raising concerns about the durability of


ADB projects modest growth for Bangladesh

ADB projects modest growth for Bangladesh

 Bangladesh’s gross domestic product (GDP) will grow by 4.0% in fiscal year 2025-26 and 4.7% in FY27, up from 3.5% in FY25, according to the latest Asian Development Outlook (ADO) April 2026 of the Asian Development Bank (ADB), released on Friday. The growth outlook reflects a recovery

Japfa keen to boost investment in Bangladesh

Japfa keen to boost investment in Bangladesh

Bangladesh has attracted fresh investment interest from Indonesia-based firm Japfa Ltd, particularly in the agriculture and poultry sectors, during a meeting with Commerce Minister Khandakar Abdul Muktadir on Wednesday.At the meeting held at the ministry, both sides discussed ways to strengthen bil

Govt borrows Tk 50b to meet budget deficit

Govt borrows Tk 50b to meet budget deficit

The government borrowed Tk 50 billion in a single day on Wednesday through a special auction of 91-day treasury bills (T-bills) to partially meet its budget deficit. The yield on the T-bills rose to 10.04 per cent on the day, up from 9.85 per cent earlier, according to the auction results. "The y

Iran war fallout hits readymade garment industry hard

Iran war fallout hits readymade garment industry hard

Bangladesh's readymade garment sector is facing mounting pressure as the ongoing Middle East conflict disrupts supply chains, drives up input costs and dampens global demand.  Industry insiders say the impact is being felt across the entire value chain, from raw-material sourcing to shipment

Forecast on GDP growth cut to 3.9pc amid headwinds

Forecast on GDP growth cut to 3.9pc amid headwinds

A challenging economic landscape of Bangladesh is drawn by the World Bank that downgrades the country's GDP growth to 3.9 per cent for the current fiscal year, citing some headwinds.  The Washington-headquartered development financier warns that the Middle-East turmoil may push an additional

PM writes to UN Secy Gen for LDC graduation deferral

PM writes to UN Secy Gen for LDC graduation deferral

Prime Minister Tarique Rahman has requested the United Nations to defer Bangladesh's graduation from the Least Developed Country (LDC) category by at least three years to ensure a sustainable transition amid internal and external shocks. The premier on Sunday wrote to UN Secretary-General Ant&oacu

NBR opens online verification of import invoices

NBR opens online verification of import invoices

The National Board of Revenue (NBR) has moved to automate the verification of commercial invoices to prevent revenue leakage and streamline the import-export process. The NBR has integrated its "Asycuda world" system with the Bangladesh Bank’s (BB) "Foreign Exchange Transaction Management Sy

28.6pc growth of remittance inflow till April 6

28.6pc growth of remittance inflow till April 6

Inflow of remittances witnessed a year-on-year growth of 28.6 percent reaching US$660 million in the first six days of April, according to the latest data of Bangladesh Bank (BB) issued today (Tuesday). Last year, during the same period, the country's remittance inflow was $514 million, BSS re