Bangladesh’s economy is showing clear signs of a slowdown in business activity and job creation, placing strong pressure on the upcoming national budget to revive investment and restore growth momentum.Private investment has been declining steadily over the past few fiscal years. It stood at 24.52 per cent of GDP in fiscal year 2021-22, fell to ...more

Rising living costs, stagnant wages, and shrinking household savings are pushing a large section of Bangladesh’s low- and middle-income population into a deepening cycle of debt, according to affected families, field observations, and expert analyses.From medical emergencies to education expenses, wedding costs, and daily grocery needs, households are increasingly relying on loans from informal moneylenders, ...more

Bangladesh’s efforts to contain inflation through a prolonged high-interest-rate regime are increasingly weighing on investment, industrial expansion and job creation, raising concerns among economists and business leaders about the country’s growth prospects.The latest data from Bangladesh Bank show that private sector credit growth has fallen to one of its lowest levels in recent years, while ...more

The government is considering introducing special tax benefits in the upcoming 2026-27 budget to legalize undisclosed assets or money in the country and abroad. The concerned officials said that this initiative may be taken to end the stagnation in private investment and bring idle capital into the mainstream of the economy. This information has been ...more

Bangladesh cannot prevent a broader economic collapse unless the ongoing crisis in the banking sector is resolved, former caretaker government adviser Hossain Zillur Rahman said on Saturday.Speaking as chief guest at a seminar titled “The Collapse of Bangladesh’s Banking Sector: The Context of Islamic Banking, Its Impact on the National Economy and the Way Forward,” ...more

The historic May Day will be observed today with due respect in the country like elsewhere in the world.The day is observed across the globe since 1886 commemorating the supreme sacrifices of the workers at Hay Market, Chicago, in the USA for eight-hour working day and upholding the rights of the working class.Working people sacrificed ...more

City Bank PLC and Water.org have launched a two-year partnership in Bangladesh to expand access to safe water and sanitation through MSME financing and community engagement. Under the initiative, small and medium entrepreneurs in remote areas will be able to access loans at low interest rates and on easy terms, according to a press release. ...more

Prime Bank PLC, in collaboration with Hamdard University Bangladesh and its Voice of Business Club, organised a seminar titled "Financial Inclusion: Engaging and Inspiring Youth in Banking" under its flagship initiative PrimeAcademia. M Nazeem A Choudhury, additional managing director and head of the Consumer and SME Banking Division of Prime Bank PLC, delivered the keynote ...more

Bangladesh Bank organised a daylong seminar on the "Cashless Bangladesh" initiative in Narsingdi on 23 April, with Bank Asia PLC serving as the lead bank. The event, held at the Bangladesh Shishu Academy auditorium in Narsingdi, aimed to promote digital financial services among students, teachers, businesspeople, customers, bank officials, mobile financial service providers and the ...more

Professor Dr M A Rahim, acting dean of the Faculty of Agriculture, head of the Department of Agricultural Science at Daffodil International University (DIU), and a distinguished agricultural scientist, has been awarded the country's highest civilian honour, the Independence Award 2026. In recognition of his outstanding contribution to research and training, Daffodil International University organised ...more