Economy / Bangladesh


Govt plans agro-industrial push in North Bengal to spur jobs

Govt plans agro-industrial push in North Bengal to spur jobs

The government is preparing a broad initiative to expand industrialisation in the northern region, with a particular focus on agro-based industries aimed at generating employment. Prime Minister Tarique Rahman outlined the plan during a series of meetings on Monday at his office, starting at 11:00

Gap widens 23pc to Tk 2.54t in FY25

Gap widens 23pc to Tk 2.54t in FY25

Bangladesh's trade deficit with its largest trading partner, China, widened by nearly 23 per cent to Tk 2.54 trillion (approximately US$ 20.66 billion) in fiscal year (FY) 2024-2025, driven by higher imports of industrial raw materials from the world's second-largest economy. According to Banglade

Parliament scraps age cap for BB governor

Parliament scraps age cap for BB governor

In a significant policy shift, parliament has passed a bill removing the 67-year age limit for the Bangladesh Bank governor. The amendment to the Bangladesh Bank Order, 1972, was tabled by Finance Minister Amir Khosru Mahmud Chowdhury on Friday during a sitting chaired by Deputy Speaker Kayser Kam

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