Browsing Category
Economy & Industry
Bangladesh’s Economic Growth Under Scrutiny As FY24 GDP Estimated At $300 Billion
The estimated size of Bangladesh's GDP for the fiscal year 2023-24 has been recalibrated to around $300 billion, significantly lower than earlier figures of $459 billion. Analysts suggest…
Mobile Talktime and Internet Charges Set to Rise with New Tax Hikes
Mobile phone users are likely to face increased costs as supplementary duty on cellphone usage is set to rise from 20 percent to 23 percent. This hike will push the total burden of…
Inflation Eases In December But Remains Above 10% in Bangladesh
Inflation eased slightly in December but remained above 10 percent for the second consecutive month, continuing to strain the budgets of low and fixed-income households of Bangladesh stated…
Bangladesh’s Economic Growth Plunges to 1.81% in Early FY25
Bangladesh's economy grew by just 1.81% in the first quarter of FY25, its slowest expansion in 14 quarters. The period from July to September was marred by a nationwide uprising that led to…
Unemployment Rises By 1.7 Lakh In One Year, BBS
The number of unemployed individuals in Bangladesh increased by 1.7 lakh within a year, as fewer people engaged in work or participated in the labour force, unemployment is a serious…
BTRC Introduces Framework To Boost Iot Growth In Bangladesh
To accelerate the growth of Internet of Things (IoT) services in Bangladesh, a new framework has been introduced to foster innovation and regulate the industry by BTRC. This initiative aims…
Bangladesh’s Engine Oil Market Booms, Sales Double in Five Years
The annual sales of engine oil in Bangladesh have seen significant growth, more than doubling to Tk 8,000 crore in 2024 from Tk 3,616 crore five years ago. This expansion has been fueled by…
Bangladesh Exports Hit Record $50 Billion in 2024
Bangladesh’s exports soared to an all-time high of $50 billion in 2024, fueled by a sharp spike in December. This milestone provided much-needed relief for an economy navigating external…
Gold, A Rising Investment Amid Economic Turbulence
Gold emerged as a favored investment choice in 2024, driven by economic challenges, a depreciating taka, and declining interest rates on savings tools, according to jewellers.
Higher…
Bangladesh-Pakistan Direct Shipping Route, A Game-Changer for Regional Trade
In a landmark development for South Asian trade, the direct shipping route between Bangladesh and Pakistan (Bangladesh-Pakistan), launched in October, is already delivering impressive…