Bangladesh’s economic growth momentum softened in August, with the country’s Purchasing Managers’ Index (PMI) dropping by 3.2 points to 58.3 compared to July, according to a report released on Sunday.
The PMI, jointly compiled by the Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, and Policy Exchange Bangladesh (PEB), indicated that while the economy has now registered 11 consecutive months of growth, key sectors such as agriculture and construction slipped back into contraction.
[caption id="attachment_33833" align="alignleft" width="536"]South Korean President Lee Jae Myung (center) grants credentials to new Bangladeshi Ambassador Toufiq Islam Shatil (left) on Sept. 2, 2025 (Courtesy of South Korean Presidential House)[/...
Jacquelyn Schneider saw a disturbing pattern, and she didn’t know what to make of it.
Last year Schneider, director of the Hoover Wargaming and Crisis Simulation Initiative at Stanford University, began experimenting with war games that gave the latest generation of artificial intelligence the role of strategic decision-makers. In the games, five off-the-shelf large language models or LLMs...
Bangladesh has unveiled a sweeping 30-year development master plan to transform the coastal region of Matarbari-Maheshkhali into a global commercial and logistics hub, in a bid to reposition the country within the international trade and supply chain ecosystem.
Modelled on global port cities such as Shanghai and Singapore, the initiative is expected to add up to US$150 billion to GDP, attract US$60–65 billion in investment, and create as many as 2.5 million jobs by 2055.
The adviser was speaking as chief guest at the inaugural ceremony of th...
