Bangladesh Wheat Imports Likely Fall 11% In 2026-27: USDA
Bangladesh's wheat imports are likely to fall 11% in 2026-27 due to high global prices and large private sector stocks, even as consumption grows 4% to 78 lakh tonnes, says USDA.
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⚖️ Policy & Regulation
Bangladesh has introduced automated Account Verification System for savings certificates and bonds, with 9 of 11 national savings schemes now processed automatically for 39 lakh+ customers.
🌾 Agriculture & Food
Bangladesh's wheat imports are likely to fall 11% in 2026-27 due to high global prices and large private sector stocks, even as consumption grows 4% to 78 lakh tonnes, says USDA.
⚖️ Policy & Regulation
Columnist Syed Fattahul Alim argues that Bangladesh's power crisis stems from over-dependence on imported fuels and single foreign suppliers, calling for diversification across domestic gas, renewables and storage.
📊 Economy & Finance
⚡ Breaking 21 Bangladesh banks face a combined capital shortfall of nearly Tk 3 lakh crore, with banking sector CRAR at negative 3.17%, far below the international minimum of 12.5%.
📊 Economy & Finance
Bangladesh's revenue target for FY27 has been set 46% above FY26, with VAT LTU target hiked 60% — but tax experts warn the narrow base and shrinking corporate landscape make this unrealistic.
👕 RMG & Textile
CGAA has urged Bangladesh Bank to simplify back-to-back LC procedures for garment accessories exporters, citing prolonged delays, blocked working capital and unjustified discrepancy charges.
📊 Economy & Finance
⚡ Breaking A technical fault at Rampal power plant's second unit has cut generation by half to below 600MW, even as Adani Power's Godda plant resumed supply after its own three-day shutdown.
🚢 Logistics & Shipping
⚡ Breaking The Houthi seizure of Perim island in Bab el-Mandeb strait threatens Bangladesh's USD 46.45 billion trade with Europe, US and Middle East, with potential to disrupt fuel imports and RMG exports.
📊 Economy & Finance
GPH Ispat will raise Tk 967.77 crore through a rights issue of 96.77 crore shares, with proceeds earmarked for loan repayment as the company recovers from a loss-making year.
⚖️ Policy & Regulation
⚡ Breaking Bangladesh Bank has introduced a KPI framework for bank MDs and CEOs, with assessment based on solvency, asset quality, governance, profitability and customer conduct.
🌏 Diplomacy & Trade Missions
UNCTAD report shows LDCs including Bangladesh are falling behind in global trade in services, with digitally deliverable services representing only 16% of LDC services exports.
📊 Economy & Finance
Bangladesh faces the risk of ageing before it grows rich, with youth population declining, labour productivity at $8.7/hour, and 84% informal employment, argues M M Mahbub Hasan.
📊 Economy & Finance
US core inflation posted its largest gain in four months in August, with petrol prices jumping 3.9% and diesel surging 9.6%, reinforcing expectations of a Federal Reserve rate hike next week.