The two-day Economic Reform Summit 2025 has made a set of recommendations including ensuring macroeconomin stability, reviving investment and creating jobs. For doing so, the summit stressed the need for overhaul of financial governance, trade policy, skills development and SME transformat
The government has firmly told the International Monetary Fund (IMF) that it will not impose any new tax or raise the rate of existing ones before the next national budget that will be prepared under a new government. Officials said the stance reflects both legal and political considerations as th
Inflation in Bangladesh edged down with October recording 8.17 per cent, official data showed Wednesday, as food prices yielded some respite although nonfood necessities remained obdurate. Analysts say the inflation rate in the past month could have fallen further from previous month's count hadn'
Bangladesh Bank (BB) has appointed temporary administrators to each of the five struggling Shariah-based banks as part of its plan to merge them into a single entity under the Bank Resolution Ordinance. Bangladesh Bank (BB) Governor Ahsan H Mansur today (Wednesday) confirmed it at a press co
The government-imposed restrictions have got in the way of the development of tourism on the Saint Martin's Island. Introduced on the pretext of environmental protection, these measures have significantly limited local visitors' access to the island and disrupted the flow of international tourists
Bangladesh's export sector registered a 5.41 per cent month-on-month growth in October 2025 compared to September 2025. However, the overall export performance from July to October in fiscal year 2024-25 showed modest growth of just 2.22 per cent, indicating persistent headwinds in global markets.
Sustained dialogue between policymakers and businesses is essential to identify effective solutions and implement reforms based on regional best practices, Md Anwar Hossain, Secretary of the Ministry of Science and Technology, said on Sunday. Speaking as a special guest at a roundtable titled "Bus
Strategic reforms in Bangladesh's investment climate will be pivotal for achieving sustainable higher-middle-income status, economists and business leaders agreed at a roundtable discussion hosted by The Financial Express on Monday. The event, titled "Business Climate: Reforms, Opportunities, and
Secretary General of the Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) Maria Howlader, FCA, has said Japan has been one of Bangladesh’s most trusted and time-tested partners for over five decades. “Since the establishment of diplomatic relations in 1972, Japan—mainly
Kazuiki Kataoka, Country Representative of the Japan External Trade Organization (JETRO), Bangladesh, has said Bangladesh is gaining strong attention from Japanese investors. “Every week, JETRO receives enquiries from companies across Japan seeking to understand Bangladesh’s economy an
Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) President Tareq Rafi Bhuiyan (Jun) has said Japanese investment in Bangladesh has grown nearly threefold over the past decade, but there is significant room to grow, compared to the broader landscape of Japanese investments in Asia. “
Expatriate Bangladeshis sent US$2.56 billion in remittances in October, which was around 7 per cent higher than the corresponding month of the previous year. The wage earners sent $2.39 billion in remittances to the country in October of 2024. According to BSS, industry insiders observed that Ban
The banking sector is feeling the strain as the gap between lending and deposit rates, a key measure of profitability, narrowed to a 17-month low in September. The squeeze comes as banks face rising deposit costs and sluggish lending growth, leaving many struggling to maintain margins. Bankers an
