The central bank aims to gradually decrease the inflation rate to approximately five per cent in the near future from its current level of over eight per cent, Bangladesh Bank (BB) Deputy Governor Dr Md Habibur Rahman said at the divisional-level monetary policy discussion meeting in the BB, Rangpu
Bangladesh’s private sector risks a tightening credit environment as government borrowing from the banking system has surged to nearly Tk 600 billion in the first half of the current fiscal year, raising concerns about reduced lending capacity for businesses. According to Bangladesh Bank dat
The Global Bangladeshi Alliance (GBA), a diaspora-led platform, hosted its first policy dialogue in Dhaka on Monday, unveiling an economy-focused roadmap aimed at integrating Bangladesh into the global digital trade while preparing its workforce for the challenges of rapid automation. At the event
Bangladesh received a record-high $17.17 billion in inward remittances during the first six months and seven days of fiscal year 2025–26, underscoring the resilience of overseas earnings and providing crucial support to the country’s foreign exchange reserves amid global trade headwinds
Planning Adviser Professor Wahiduddin Mahmud on Monday said the government would not take foreign loans extensively for the social sectors. Rather, it would take loans for the sectors that would attract investments, he said. Looking ahead, he said, Bangladesh must rethink its development financin
Health and education sectors have taken the major brunt of a sizeable cut in the current development budget halfway through the fiscal year. The ongoing Annual Development Programme (ADP) outlay for the fiscal year 2025-26 has been cut by 13.04 per cent to Tk 2.0 trillion. With Chief Adviser Prof
A proposed Tk 2.0-trillion Revised Annual Development Programme (RADP) for the current fiscal year will be placed before the National Economic Council (NEC) today for approval, marking a 7.41-percent decline from the FY25 RADP and the lowest revised development outlay in the past five years. Pla
The National Board of Revenue (NBR) on Sunday launched large-value tax payment facilities through mobile financial services (MFS) to make corporate tax payment easier, faster and more digital. As part of the inauguration, trial transactions were conducted through bKash Limited's online merchant
Bangladesh is failing to capitalise on vast opportunities in the global packaging market, estimated at around US$700 billion, due to inadequate policy support and absence of export incentives, industry leaders have said. Despite strong manufacturing capacity and growing global demand, the sector r
COAST Foundation, BDCSO Process, and EquityBD Saturday warned that the government’s plan to set up a separate microcredit bank could harm Bangladesh’s poorest people. The proposal is being promoted as a “social innovation,” but the civil society organisations (CSOs) say it
Bangladesh’s overall Purchasing Managers’ Index (PMI) rose slightly in December, indicating a faster pace of economic expansion, driven mainly by continued growth in agriculture, manufacturing and services, according to the latest PMI report. PMI increased by 0.2 points in December fro
BNP Standing Committee Member Amir Khosru Mahmud Chowdhury on Monday said their party would work to further strengthen Bangladesh’s business organisations to overcome bureaucratic complexities and revitalise the economy. “From my experience as a former commerce minister, I learned that
Sammilito Islami Bank received deposits amounting to Tk 440 million in the first two days of its operation. BB Governor Dr Ahsan H. Mansur disclosed this at a press briefing on Monday at the BB headquarters, where the newborn Islamic bank’s Chairman Dr Ayub Miah, administrators of the five
