The country’s economy remained on an expansion track for the fourth consecutive month in January this year, according to an unofficial estimate, as growing exports, seasonal consumption trends and a boost in the agro supply chain are being considered potential drivers of this growth. .In

The Korean Export Processing Zone (KEPZ), the single largest private export processing zone in Bangladesh, has finally obtained the much-needed mutation documents from the government on February 6, a move that may facilitate more foreign investment in the country.

Martin Raiser, vice president of the World Bank for South Asia, yesterday stressed the need to separate tax policy from the National Board of Revenue (NBR) in order to improve Bangladesh’s tax-to-GDP ratio.

A long queue of inbound vessels has formed at the outer anchorage of Chattogram port as sufficient berths are unavailable due to delays in scheduled departures caused by disruptions in container movement late last week.

Weakness in the financial sector and labour unrest might be the major sources of risk for the interim government in the short term, said a finance ministry report yesterday on Bangladesh’s recent economic challenges and the way forward.

The Bangladesh Bank is expected to keep the policy rate unchanged at 10 percent in its monetary policy stance for the second half (January to June) of the current fiscal year as inflation eased slightly in December.

To stabilise prices, the government should focus on improving storage and distribution networks for key commodities

Oil prices finished with daily gains on Friday after new sanctions were imposed on Iran’s crude exports but prices were down for the week as investors worried about US President Donald Trump’s renewed trade war on China and threats of tariffs on other countries.

In London’s Hatton Garden jewellery quarter, stores have raised their iron shutters to welcome a motley crew of buyers and sellers, as the price of gold reaches record highs.

Chief Adviser Professor Muhammad Yunus today directed the Bangladesh Bank governor and the authorities concerned to bring those involved in looting money from banks to justice as soon as possible.

The duty was imposed to discourage rice bran oil shipments and increase domestic supply

The growth is 1.6 percentage points lower than the provisional estimate

DSEX lost 13.29 points

DSEX gains 7.37 points as of 11:34 am  

The Asian Development Bank (ADB) has projected Bangladesh’s GDP growth rate to slow to 4.3 percent in fiscal year (FY) 2025, reflecting a subdued outlook amid political uncertainty, supply disruptions and tight monetary policy.

Janata Bank’s defaulted loans surged to a record Tk 67,300 crore by the end of last year, as politically exposed persons and business conglomerates became defaulters following the recent political changeover, reflecting the fragile condition of the state-run bank.

Over the last several years, Ahsan, a rickshaw puller in his 50s, has been eagerly waiting for relief from the high prices of food and other essentials. Days and months have passed, but his pursuit of a better living by escaping the curse of elevated inflation has remained a distant dream. 

The Dhaka Stock Exchange (DSE) extended its gains for the second consecutive week, driven by positive movements in the shares of banks, pharmaceuticals, chemical companies, and financial institutions.

United Power Generation & Distribution Company (UPGDCL) saw its profit grow in the second quarter of the fiscal year 2024-25, driven by higher electricity tariffs and steady production.

Bangladesh has mostly failed to achieve its targeted level of foreign direct investments (FDIs), with investment inflow amounting to only 0.75 percent of GDP in 2023, according to UNCTAD.