Gas price hike becomes major barrier for new entrepreneurs
The Bangladesh Energy Regulatory Commission’s (BERC) recent decision to raise gas tariffs for new industrial and captive users by 33% has sparked serious concern among economists and entrepreneurs. While the…
Bangladesh Investment Summit attracts strong foreign interest, boosting key sectors
Foreign investors have demonstrated a strong commitment to injecting significant investments across various sectors, with a particular focus on the consumer market, textiles, pharmaceuticals, light engineering, and renewable energy. The…
Bangladesh sets sights on top spot in global apparel exports: Korean EPZ founder at Investment Summit
Bangladesh, currently the second-largest apparel exporter globally among individual countries, is well-positioned to claim the number one spot with the right strategic moves, said Kiak Sung, founder of the Korean…
BPPA holds e-GP orientation for tenderers at upazilla level
Bangladesh Public Procurement Authority (BPPA), conducted an orientation programme on electronic Government Procurement (e-GP) for tenderers at the upazila level. BPPA arranged such a first-ever orientation programme at Sreemangal upazilla…
ADB projects Bangladesh’s economic recovery by 2026 amidst macroeconomic challenges
Bangladesh’s economy is currently grappling with several macroeconomic challenges, including slowing growth, persistent high inflation, and rising non-performing loans (NPLs) in the banking sector. Despite these challenges, the Asian Development…
Govt plans to merge troubled Islamic banks into two larger ones: BB Governor
Bangladesh Bank Governor Ahsan H Mansur announced plans to merge struggling smaller Islamic banks into two larger ones to foster competition. Speaking at the 10th Annual Banking Conference 2025, he…
ADB projects 3.9% GDP growth for Bangladesh in FY25 amid economic challenges
The Asian Development Bank (ADB) forecasts Bangladesh’s GDP will grow by 3.9% in FY2025, with a recovery to 5.1% in FY2026, despite challenges including political transitions, natural disaster risks, and…
ShopUp and Sary merge to form SILQ with $110m Saudi and US investment
ShopUp, Bangladesh’s largest B2B commerce platform, and Sary, the leading B2B marketplace and services platform in the Gulf, have merged to form SILQ Group. This merger brings together Gulf &…
Food inflation drops to 8.93% in March, general inflation rises
Food inflation in the country has declined to 8.93% in March, down from 9.24% in February, according to the latest data released by the Bangladesh Bureau of Statistics (BBS) on…
Consolidation of public-private support urged to address US reciprocal tariff impact
The Business Initiative Leading Development (BUILD), a prominent think tank, has called for strengthened public-private collaboration to safeguard Bangladesh’s economic interests amid the recent imposition of reciprocal tariffs by the…