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Moody’s downgrades banking outlook to negative

Moody's Ratings has revised its outlook on Bangladesh's banking sector from stable to negative, citing increasing asset risks and worsening economic conditions. In a report released today, the agency highlighted several pressing concerns, including declining asset quality, persistent inflation, and slowing economic growth, all of which are expected to undermine banks' profitability and financial stability.

According to Moody's, Bangladesh's real GDP g...

Boipremi Sangathan hosts iftar, community gathering in Laksham

In a vibrant display of community spirit and cultural exchange, Boipremi Sangathan, a prominent literary and social organization in Laksham, South Cumilla, hosted an Iftar and community gathering at the Nawab Faizunnesa Choudhurani Library. The event brought together intellectuals, activists, and book lovers in an evening dedicated to celebrating literature, culture, and social progress.

Moderated by Kamrul Hasan, General Secretary of Boipremi Sangathan, t...

Road to regional integration amid Dhaka-Tokyo trade imbalance

Trade relations between Japan and Bangladesh have grown steadily over the years, but several challenges persist. Bilateral trade increased from US$ 1 billion in 2010 to approximately US$ 3 billion in 2023, with ready-made garments (RMG) dominating Bangladesh’s exports. Other significant exports include leather goods and home textiles, while Bangladesh imports essential industrial products such as iron and steel, vehicles, and machinery from Japan. However, trade imbalances remain a concern, with Bangladesh facing a merchandise trade deficit with Japan. Additionally, anti-dumping duties (ADD) imposed by Japan on select Bangladeshi exports, such as jute, have further complicated trade relations.

UN to rent property owned by fascist ally Bashundhara

The UN is relocating its agencies in Dhaka to a building complex owned by one of the families accused by Bangladesh's interim government of illegally funneling millions of dollars out of the country, the Financial Times (FT) has learned. The UN Resident Coordinator's office in Dhaka told the FT that the world body was "very aware" of the allegations against Bashundhara, Sobhan and his family members.

Chief adviser of the interim government, Prof. Dr. Yunus, has described the alleged looting by elites as “highway robbery” and is demanding that the money “be returned.”

Matarbari DSP to boost connectivity in Bay of Bengal

A deep-sea port (DSP) at Matarbari, developed with Japanese assistance, is expected to become operational in 2026. Designed to handle both containers and bulk cargo, this high-capacity port aims to enhance regional connectivity and trade, particularly benefiting Bangladesh, Northeast India, Bhutan, and Nepal.

Challenges & Barriers:

                • Infrastructure Gaps
                • Custom...

Jaflong’s wealth plundered by political mafias

The political landscape in East Sylhet has long been dictated by a ‘Permanent Power Party,’ a group that remains influential regardless of government changes. These individuals, akin to professional gamblers in casinos, do not invest their capital but manipulate political newcomers for financial gain. The region, rich in natural resources such as gas, sand, and stone, has become a hub for smuggling and illegal extraction, primarily in areas like Jaflong.

Financial ...
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