Led by Finance Adviser Salehuddin Ahmed, the Bangladesh delegation held a series of meetings with IMF representatives in Washington.
The vehicle market in Bangladesh contracted to a 10-year low in 2024 as imports and sales declined sharply due to rising costs, foreign exchange constraints, and people’s falling purchasing power, according to industry people.
Concerns are increasingly being voiced over the Chattogram port’s largest terminal, New Mooring Container Terminal (NCT), being leased out to a foreign operator, as the interim government furthers the initiative undertaken by the previous Awami League government.
While Islamic banking is expanding despite the governance problems of some lenders led by the controversial S Alam Group, Bangladesh Bank Governor Ahsan H Mansur recently signalled that the government may create two Islamic banks by merging all existing ones.
Bangladesh may face political uncertainty and sluggish private investment unless the parliamentary election takes place within the promised timeframe, a leading economist warned yesterday.
In a rapidly evolving South Asian trade landscape, HBL Bangladesh (Habib Bank) is carving out a bold and purposeful role for itself – not as a competitor in traditional banking, but as a connector of economies and an enabler of regional trade.
The World Bank recently urged Bangladesh to implement a comprehensive set of reforms to restore confidence in our financial system, which has been weakened by poor governance, political interference and related lending.
Safety standards in Bangladesh’s garment sector saw a marked improvement after the disastrous Rana Plaza collapse in 2013, but there is still a need for other sectors to improve in this regard, Labour Reform Commission chairman Syed Sultan Uddin Ahmed said in an interview yesterday.
Bata Shoe Company (Bangladesh) saw its profit drop in 2024 due to high inflation and political unrest that disrupted retail operations.
The International Monetary Fund on Tuesday slashed its forecast for global growth this year and warned of an increase in global financial stability risks, citing the effect of US President Donald Trump’s new tariff policies on the world economy.
Bangladesh may face economic challenges and a rise in poverty if it proceeds with a premature and unprepared graduation from its least developed country (LDC) status, warned economists, politicians and researchers yesterday.
The Trading Corporation of Bangladesh (TCB) has increased the number of trucks selling subsidised food across the country to 410 in March from 70 the previous month.
Under the deal, the WB will provide $650 million to Bangladesh for the Bay Terminal Marine Infrastructure Development Project
Gold prices in Bangladesh continue to soar, leaving many to wonder why the precious metal costs more here than in neighbouring India or the global trading hub Dubai.
They sought resignation of BSEC chairman
Just 37% of respondents to the six-day poll approve of Trump's handling of the economy
There were loopholes in TCB cardholder selection, Sk Bashir Uddin says at ‘Trade with TCB’ event
