Breaking news, industry insights, policy updates, and market intelligence on Bangladesh's export economy — RMG, pharmaceuticals, leather, jute, agriculture, and emerging sectors. Curated for trade professionals, exporters, buyers, and policymakers.
📊 Economy & Finance
Midas Financing PLC faces severe liquidity crisis. 54% of loans classified as NPL (Tk 432.47cr of Tk 788.82cr). Negative equity Tk 266.01cr. Net loss Tk 335.29cr. Auditor warns of critical distress.
📊 Economy & Finance
Bangladesh Bank approves LC opening for SS Power (S Alam-owned Banshkhali coal plant) through Rupali Bank with 100% cash margin until Dec 2027. Gazette notification published. Energy security priority.
📊 Economy & Finance
Bangladesh taka exchange rate drops to Tk 122.50-122.60 as dollar demand ebbs. BB NOP over $1 billion. Remittance inflows strong. Fruit import cash margin withdrawn. Reserves at ~$37 billion.
📊 Economy & Finance
Finance Minister Amir Khosru says energy crisis will take 2 years to resolve. 1.5-2 years for floating LNG terminal. Gas exploration resumed. Energy policy coming within weeks. AmCham event.
📊 Economy & Finance
Gas shortage halts production at 100+ factories including Meghna Group (40/57 shut), TK Group, ACI Limited. 150+ factories reduced output. Sugar price up Tk 7/kg. Essential commodities production hit.
📊 Economy & Finance
Sammilito Islami Bank PLC sets up dedicated Collection & Recovery War-Room desk. MD Abedur Rahman Sikder inaugurates. Merged bank addresses inherited NPLs through aggressive recovery priority.
📊 Economy & Finance
Bangladesh gold price rises by Tk 2,158 per bhori. 22-carat at Tk 236,779, 21-carat Tk 226,165, 18-carat Tk 194,206. Reverses August 14 price cut within 24 hours. Bajus cites tejabi gold price rise. Silver unchanged.
📊 Economy & Finance
Bangladesh middle class gutted by inflation as energy and food prices surge. Headline inflation 9.21% in Q4 FY2025-26. Food inflation 8.7% in June. CPD warns wage growth lagging behind prices.
📊 Economy & Finance
Forensic audit committee finds significant flaws in Bangladesh GDP calculation methodology. BBS data over past decade reviewed. Manufacturing sector anomalies identified. Government announces reforms including digital framework and independent BBS.
📊 Economy & Finance
Bangladesh remittance dollar rate falls by Tk 1 in a week to Tk 122.70 (down from Tk 123.60-123.70). Banks NOP long positions near upper limit. $1.5B remittances in first 12 days of August. BB may intervene to protect rate floor at Tk 122.20.
📊 Economy & Finance
Bangladesh Bank plans Tk 2,000cr from govt budget to liquidate 5 NBFIs: Aviva Finance, Fareast Finance, FAS Finance, International Leasing, Peoples Leasing. Depositor protection up to Tk 10 lakh. 4 other NBFIs given 3-month recovery window.
📊 Economy & Finance
Bangladesh Bank warns government debt-to-revenue ratio rose from 3.3x (FY21) to 4.5x (FY25). Tax revenue fell to 6.8% of GDP in FY25. IMF identifies low revenue mobilisation as key vulnerability.