Economy

Bangladesh Bank predicts sluggish economy in FY25

‍Shawdesh Desk: The Bangladesh Bank is not optimistic about the country’s economic outlook for the 2024-25 financial year as the central bank on Monday predicted economic growth would remain sluggish

Govt struggles with financial challenges but remains committed: Economic Adviser

Shawdesh Desk: There is certainly pressure, but since responsibility comes with a mix of satisfaction, some mistakes, and failures, we continue to work within these challenges. Especially in this critical

Many RMG, textile units yet to pay Dec wages

Shawdesh Desk: Over one hundred readymade garment factory units in the country are yet to pay wages and allowances of December, 2024 to their workers within the first week of

Remittance inflow above $2b for 6th straight month

Shawdesh desk: Remittance inflow to Bangladesh increased slightly in January, with the inflow remaining above $2 billion for the last six consecutive months. According to Bangladesh Bank data, remittance inflow

FID undermines Bangladesh Bank autonomy

Shawdesh Desk: Economists in a latest task force report have blamed poor leadership and the Financial Institutions Division for the erosion of the Bangladesh Bank’s autonomy. They observe that poor

Govt to import rice, fertiliser, diesel

Shawdesh desk : The government will import rice, fertiliser and diesel and procure sugar and lentil from local suppliers to meet the domestic demands. Advisors’ Council Committee on Government Purchase

Sri Lanka revokes power purchase deal with India’s Adani

Shawdesh Desk: Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said on Friday. President Anura Kumara

4 SoEs in Bangladesh count Tk 28,238cr in losses in 28 years

Shawdesh DEsk: AL govt shuts 31 mills, inefficient management blamed Four state-run corporations incurred losses of about Tk 28,238 crore in the past 28 years mainly because of inefficient operation forcing