Tag: Bangladesh Economy

19 news articles tagged with "Bangladesh Economy"

Economy & Finance ★ Editor's Pick Jul 30, 2026

Extreme Heat Costs Bangladesh $1.8 Billion and 465,000 Jobs Annually, World Bank Reports

A World Bank report reveals that extreme heat costs Bangladesh an estimated $1.3-1.8 billion annually, wiping out 465,000 full-time jobs in Dhaka. The RMG sector faces a $65.8 billion export earnings threat by 2030 if heat stress goes unaddressed.

Economy & Finance ★ Editor's Pick Jul 31, 2026

Bangladesh Development Spending Plunges to 53-Year Low Amid Austerity and Administrative Disruption

Bangladesh's annual development spending fell to its lowest level in over five decades, with ADP implementation at just 67.5% in FY2025-26 — the lowest since 1974. Ministries spent Tk 141,071 crore against a revised allocation of Tk 208,935 crore.

Economy & Finance Jul 30, 2026

CPD Study Reveals Supply Shortages and Trader Collusion Drive Bangladesh Food Price Inflation

A CPD study reveals that supply shortages, trader collusion, and hoarding are the most frequent causes of high food prices in Bangladesh. Price spreads exceed 100% for potatoes, brinjal, and green chilli, hitting low-income households hardest.

Economy & Finance Jul 27, 2026

Bangladesh 9th Pay Scale Decision Delayed Until IMF Loan Talks in October

Bangladesh is likely to announce the 9th national pay scale only after IMF loan negotiations conclude in October. The IMF has advised a two-year deferral, citing weak revenue mobilisation and fiscal pressures. The National Pay Commission had recommended 100-140% salary increases.

Economy & Finance Jul 27, 2026

Bangladesh ADP Spending Crisis: Tk 1.08 Trillion Unspent in FY2025-26

Bangladesh left Tk 1.08 trillion of ADP funds unspent in 11 months of FY2025-26, with execution rate falling to 48% from 92.74% in FY2022. GDP growth contracted to 2.22% in Q3 FY2026 as industrial output turned negative, according to Planning Commission and BBS data.

Trade & Commerce Jul 27, 2026

Bangladesh Waives Booth Rent for Small Exporters at International Trade Fairs

The Bangladesh government will waive booth rent for small entrepreneurs at international trade fairs, announced Commerce Minister Khandakar Abdul Muktadir at a debriefing on the China-South Asia Expo and Kunming Import-Export Fair 2026 in Purbachal.

Economy & Finance Jul 27, 2026

Anis Ahmed, MGH Group CEO, Elected Chairman of Eastern Bank PLC

Anis Ahmed, founder and Group CEO of Singapore-based MGH Group operating in 26 countries, has been elected Chairman of Eastern Bank PLC (EBL) effective July 27, 2026. He previously served on EBL's Executive Committee and as Chairman of its Risk Management Committee.

Logistics & Shipping Jul 27, 2026

Biman Resumes Dhaka-Narita Direct Flights After Year-Long Suspension

Biman Bangladesh Airlines resumed direct Dhaka-Narita flights on July 27, 2026, after a suspension of more than a year. Civil Aviation Minister Afroza Khanam inaugurated the service, which serves approximately 45,000 Bangladeshi expatriates in Japan and supports bilateral trade and investment ties.

Economy & Finance Jul 27, 2026

Bangladesh Remittance Hits $2.44 Billion in 26 Days of July, Up 26.1%

Bangladesh received $2.437 billion in workers' remittances in the first 26 days of July 2026, registering 26.1% year-on-year growth, Bangladesh Bank data shows. Expatriates sent $138 million on July 26 alone, supporting forex reserves and external sector stability.

Economy & Finance Jul 27, 2026

Dhaka Bank Partners with PKSF for Tk 2,800 Crore MSME Financing Scheme

Dhaka Bank PLC has signed a credit guarantee agreement with PKSF under the ADB-supported Credit Enhancement Scheme. The partnership will enable Tk 2,800 crore in guaranteed loans to marginal, cottage, and micro enterprises across Bangladesh in FY2026-27.

Policy & Regulation Jul 27, 2026

Bangladesh NBR Targets Tk 2.57 Lakh Crore VAT for FY27 with Four Pillars

The National Board of Revenue targets Tk 2.57 lakh crore VAT for FY2026-27, banking on four pillars: compliance gap reduction (Tk 38,000cr), economic growth (Tk 20,000cr), ADP implementation (Tk 15,000cr), and tobacco sector monitoring (Tk 12,000cr).

Policy & Regulation Jul 27, 2026

Bangladesh Must Restructure Energy Sector with Six Bold Reforms, PRI Says

Bangladesh's energy sector has become a macroeconomic threat with import bills surging from $4.3B to $11.2B and subsidies absorbing 22% of tax revenue, according to PRI's Sadiq Ahmed. He proposes six bold reforms including deregulation, corporatisation, and depoliticised pricing.

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