Financing Crunch Hits Bangladesh Agri-Machinery Imports, Slowing Mechanisation
Bangladesh's agricultural mechanisation push is facing financing crunch with LC settlements for capital machinery imports dropping 48% from FY23 to FY26.
145 news articles tagged with "LDC Graduation"
Bangladesh's agricultural mechanisation push is facing financing crunch with LC settlements for capital machinery imports dropping 48% from FY23 to FY26.
Tk 2.06 trillion stuck in 138,686 loan-related cases at 20 Bangladesh state-run banks and FIs, with Janata Bank alone accounting for Tk 1.11 trillion across 13,000 cases.
Commerce Minister Khandakar Abdul Muktadir tells parliament 282 BGMEA and 120 BKMEA member factories closed between July 2023 and June 2026 due to global conflicts, domestic instability, rising energy costs and buyer reluctance.
FLAXA President Syed Nasim Manzur says Bangladesh can more than double leather and footwear exports from $1.76b to $5b by 2030 with policy reforms, non-leather expansion and shift from crust to finished leather, while reducing 23 certificates to 4 like Vietnam.
FBCCI consultation calls for sector-specific action plans for SMEs, agriculture, pharmaceuticals and other key industries, with business leaders warning that LDC graduation will pose intellectual property and trade preference challenges.
Bangladesh's LDC graduation on 24 November 2026 must catalyse structural reforms in investment climate, with FDI inflows at $1.77 billion in 2025 representing just 0.4% of GDP, far behind Vietnam, India and Indonesia.
BSEC launches new official website www.sec.gov.bd with modern features, improved cybersecurity, and faster investor services. Chairman Masud Khan leads the digital transformation initiative.
Economist Ashikur Rahman argues Bangladesh economic recovery requires political settlement. Three structural fractures: banking (33% NPL), energy (capacity payments), revenue (tax-to-GDP below 7%). Policy tinkering insufficient.
Bangladesh apparel exports to EU fell 16.43% to 8.64 billion euro in H1 2026. Volume -8.22%, price -8.94%. Vietnam only positive (+0.36%). Bangladesh decline deepest among major suppliers. June improvement +0.87%.
17 Bangladeshi companies including NZ Denim, Hoorain HTF, Nexgen Apparel, and 12 EPB Pavilion exhibitors participate in Texworld Apparel Sourcing Paris 2026 at Paris Le Bourget, Aug 31-Sep 1.
Bangladesh targets 50% sustainable farming by 2030 (up from 44.37%), pivoting to WTO-compliant green box subsidies ahead of LDC graduation. Pesticide use at 40,000 tonnes/year targeted for reduction.
Bangladesh and South Korea signed CEPA in Dhaka on August 4, 2026. 97% of Bangladeshi goods get preferential access to Korea. Exports were $421M in FY26, down 9% YoY.