Bangladesh’s construction sector, one of the country’s largest sectors, is reeling from a sharp contraction in public project implementation and spending, underscoring growing stress across the broader economy, according to industry insiders and analysts.
This net inflow was 114 percent higher than the $403 million recorded in the same period a year earlier.
The country’s private sector remains hamstrung by red tape, political uncertainty, and rising costs, all of which pose a serious threat to economic progress, according to Mohammed Amirul Haque, founding managing director and chief executive officer of Premier Cement Mills Limited.
Bangladesh’s exporters fear losses as India has barred the import of several products—including some jute items—through land ports, threatening crucial trade flows and millions of dollars in earnings.
Bangladesh's delicious mangoes: untapped economic potential, requiring a national strategy
Bangladesh’s non-leather footwear sector is emerging as a steering force in the country’s export landscape, driven by global shifts in consumer preferences, strong manufacturing capacity, and competitive pricing
Bangladesh must urgently adopt a strategic, reform-driven foreign direct investment (FDI) policy by removing existing barriers to attract and retain investment to remain competitive in the region, experts suggest.
Non-leather footwear exports rose 30.25% in the first 11 months of the current fiscal year
According to the project summary, the Chinese government will provide a loan of Tk 3,782.36 crore under a government-to-government mechanism. The rest, amounting to around Tk 500.39 crore, will be financed by the government.
Earlier this month, the edible oil refiners’ association wrote to the Bangladesh Trade and Tariff Commission seeking to increase prices of cooking oil.
The Jica director is hopeful about the economic impact of Matarbari deep-sea port.
With Subrata Roy's death, a chapter of financial violations described by many as one of India's biggest Ponzi schemes, comes to an end.
State-run sugar mills have started crushing locally-grown sugarcane, aiming to produce 33,000 tonnes of sugar in the current fiscal year of 2023-24, said a top official.
Actual investments at six government-owned economic zones have remained at a far lower level compared to the proposals put forward by both foreign and local investors owing largely to inadequate facilities, official figures showed.
Meghna Automobiles Ltd, a concern of Meghna Group, is working to assemble passenger cars of South Korean automobile manufacturer Kia in Bangladesh, said a top official.
A three-day blockade enforced by major opposition parties and protests of garment workers disrupted the supply chain of daily essentials and sent the cost of transport higher, according to industry people and traders.
The opening of the Bangabandhu Sheikh Mujibur Rahman Tunnel under the Karnaphuli river will lead to the development of numerous industrial units from Chattogram to Cox’s Bazar and encourage urbanisation, said Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
Imports of liquefied petroleum gas (LPG) declined due to problems in opening letters of credit (LCs) amidst the ongoing dollar crisis, operators said.
