Business-Economy

Bangladesh’s PMI drops 8.8 points in April

Staff Correspondent: Bangladesh’s overall Purchasing Managers’ Index (PMI) score in April saw a decrease of 8.8 points from March to reach 52.9. Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka,

Govt to reduce gas for power supply, divert it to meet industrial crisis

Staff Correspondent: The government is eyeing reducing gas supply for power generation and diverting it to overcome the existing industrial gas crisis. In addition, from May to August, four additional

GED projects gradual economic recovery for Bangladesh

TDS Desk: The General Economics Division (GED) of the Planning Commission has projected a gradual economic recovery for Bangladesh, buoyed by favorable trends in exports, remittances, a stable exchange rate,

Efforts underway to keep spice prices under control

Eid-ul-Azha nearing Staff Correspondent: The government has asked all deputy commissioners (DCs) and its agencies to enhance monitoring to prevent the smuggling of spices and keep the price of the

Current account deficit narrows 85pc in July-Mar on remittance

Staff Correspondent: Bangladesh’s current account deficit has shrunk by a dramatic 85% in the first nine months of FY25 compared to the same period last year, despite a prolonged period

Private credit growth rises to 7.57pc in March after months of decline

Staff Correspondent: After a seven-month streak of declining growth, private sector credit in Bangladesh rebounded in March 2024, rising to 7.57% – the highest in four months, according to a