Business-Economy

Bangladesh GDP may fall to 3.3%: WB

Staff Correspondent: The World Bank (WB) has forecasted that Bangladesh’s Gross Domestic Product (GDP) growth may decline to 3.3% in the current fiscal year (2024-25). The slowdown is attributed to

Bumper maize harvest brings cheer to Sirajganj’s char farmers

Staff Correspondent: A golden wave is sweeping through the vast riverine char lands of Sirajganj, where farmers are reaping the benefits of a bumper maize harvest this season. With favourable

Gold price hits record high of Tk1.77 lakh per bhori

Staff Correspondent: Gold prices in Bangladesh have reached a new record, with 22-carat gold rising by Tk5,342 to Tk1,77,887 per bhori (11.664 grams), the highest ever in the country. The

Bangladesh’s inflation to ease to 5.2%, GDP to grow by 6.5% in next fiscal year: IMF

Staff Correspondent: The International Monetary Fund (IMF) has retained Bangladesh’s economic growth forecast at 3.8% for the current fiscal year 2024-2025 (FY25), unchanged from its December projection. However, the global

Bangladesh received $1.97bn in remittances in first 21 days of April; a 40% surge

Staff Correspondent: Bangladesh has received US $1.97 billion remittance in 21 days of April, which saw a 40 percent growth compared to the same period of the previous year. Bangladesh

Up to 65% of ADB’s energy investments in Bangladesh lack safeguard classification: NGO Forum

Staff Correspondent: A coalition of private watchdog groups has revealed that approximately 65% of the Asian Development Bank’s (ADB) energy investments in Bangladesh—totaling $11.36 billion—lack any safeguard classification, raising serious