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
Bangladesh's economic structures have shown a complex shift as the share of manufacturing has declined despite a little gain in employment, the 2024 Economic Census report says. While the total number of economic units has surged to over 11.70 million from 7.82 million in 2013, the manufacturing s
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
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
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
Civil society groups on Tuesday demanded the scrapping of the proposed 'Microcredit Bank Ordinance–2025', introduced by the interim government to bring microfinance institutions under a banking framework in the name of regulation.They argued that the ordinance represents a clear blueprint to
The reading of the Bangladesh Purchasing Managers’ Index (PMI) declined by 2.2 points to 53.5 in March compared to the previous month, indicating a slower pace of expansion. The latest reading released just a few hours back was primarily driven by weaker growth in the agriculture sector, whi
The Economic Census 2024 report highlights a significant shift in the country's economic structure, most notably a sharp decline in the share of the manufacturing sector over the last decade. The census data of the BBS reveals several on Tuesday that while the total number of economic units grew b
Business leaders on Monday urged the central bank to maintain exchange-rate stability and ease financing conditions, arguing that current macroeconomic pressures are already weighing heavily on investment and production. With remittance inflows strengthening foreign-exchange reserves, they see lit
Finance high-ups will sit tomorrow to finalise the outline of the first national budget of the new government amid severe Middle East war-linked stresses that are shaking up the country's economic base. Finance and Planning Minister Amir Khosru Mahmud Chowdhury will preside over two meetings of th
Bangladesh's per-capita income has risen to $2,769, Finance Minister Amir Khasru Mahmud Chowdhury told parliament Monday, outlining their new government's broader ambition to transform the economy into a trillion-dollar powerhouse by 2034. The disclosure came during the ninth sitting of the first
Bangladesh's economic growth significantly slows with the second-quarter GDP growth of this fiscal year declining to 3.03 per cent, official statistics show. The growth in the October-December period of the fiscal year (FY) 2025-26 marks a decrease from the level of 3.53 per cent recorded during t
The Executive Committee of the National Economic Council (ECNEC) today approved five development projects with an estimated total cost of Tk 4.83 billion (Tk 483.43 crore). Of the total project cost, Tk 3.91 billion will be financed from the government exchequer, while Tk 925.9 million will be sou
