The Asian Development Bank (ADB) has sharply revised down its growth forecast for Bangladesh, now projecting the country's economy to expand by just 3.9% in the fiscal year 2024–25. This represents a significant reduction from the 5.1% forecast issued in September 2024 and a steep decline from the 6.6% projection made in April 2024.
Advisers, including Foreign Affairs Adviser Md Touhid Hossain, Finance Adviser Dr Salahuddin Ahmed, Law Adviser Dr Asif Nazrul, Commerce Adviser Sk Bashir Uddin and Executive Chairman of Bangladesh Investment Development Authori...
"We are the first country to take such a proactive initiative", he said in his letter, citing the visit of High Representa...
Bangladesh Investment Summit 2025 kicks off
Bangladesh Investment Summit 2025 was inaugurated on Monday, aiming to spotlight the country’s evolving investment landscape, poised for transformative opportunities and unprecedented growth.At the opening session of Bangladesh Startup Connect 2025, Tanveer Ali, Chairman of Constellation Asset Management Company Ltd, delivered the keynote address.
Arakan is our home, but is it safe?
The announcement of the repatriation of Rohingya refugees has elicited mixed reactions within the refugee camps. The Bangladesh government has stated that Myanmar has agreed to take back 180,000 Rohingya in the initial phase of repatriation. However, analysts believe that the process will not be straightforward, as much of Rakhine State is currently under the control of Myanmar’s armed rebel group, the Arakan Army.
US market key to easing energy supply shortage: BIDA chief
Executive Chairman of the Bangladesh Investment Development Authority (BIDA), Chowdhury Ashik Mahmud Bin Harun, on Sunday said Bangladesh would be able to overcome the energy supply shortage if it could properly tap the American market in addition to Gulf nations, which will also help Bangladesh address the trade imbalance with the United States. “Since February this year, we have been in discussions with the US on how the trade imbalance can be reduced. A big topic to reduce trade imbalance is LNG,” he said while responding to a question on smooth energy supply to the industrial sector. Chief Adviser’s Press Secretary Shafiqul Alam, Deputy Press Secretaries Apurba Jahangir and Abul Kalam Azad Majumder were also pr...
