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economy

Liquidity crisis, inflation weigh on economy

Bangladesh's economic growth has recently decelerated, which is attributed to elevated interest rates, rising energy costs, and political uncertainty, according to trade body leaders and economists. They noted that high financing costs and insufficient energy supplies are impeding business growth, despite the country having a substantial workforce. Zakir Hossain Nayan, Convener of the Anti-Discrimination Business Forum at the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), remarked that the domestic business...

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...

Footwear sector expands, but challenges persist

Bangladesh’s footwear sector is set for substantial expansion, presenting lucrative investment opportunities in both leather and non-leather segments. The Bangladesh Investment Development Authority (BIDA) highlighted this potential in a recent newsletter while also acknowledging the challenges that must be addressed to sustain growth and enhance competitiveness.

Shah Mohammad Mahboob, an executive member of BIDA, underscored the industry's vast pot...

Japan’s ODA surge in Bangladesh

Bangladesh's super-fast rise on Japan’s ODA landscape is a significant development in South Asia. Japan’s ODA to Bangladesh began to rise from 2012 onwards, from a mere $78 million in 2011 to $305 million in 2012, and this trend has continued since then, with one analyst suggesting Japan provided $16.19 billion in foreign aid to Bangladesh up to 2021. Japan’s ODA increases have happened in tandem with Bangladesh’s economic growth, rise in bilateral trade and recognition of its strategic importance for maritime security. Sheikh Hasina’...

Bangladesh aquaculture industry growing at 3.7pc

The Bangladesh aquaculture market size reached 2.8 million tons in 2024 and is expected to reach 4.0 million tons by 2033, exhibiting a growth rate (CAGR) of 3.7 per cent during 2025-2033. This aquaculture market expands at a fast rate because the nation features beneficial natural resources and consumers need protein-rich food items.
Aquaculture Market Trends
Due to its abundant rivers and ponds together with coastal environments, Bangladesh serves as a favourable ground for aquaculture which particu...

BASIC Bank organises seminar on NPL, Liability Management

In an effort to strengthening the recovery of non-performing loans (NPLs), state-owned BASIC Bank Limited organized a seminar on "Non-Performing Loan (NPL) and Liability Management" on Monday, February 17, 2025. The Seminar held at the bank’s training institute in the capital and brought together board members, senior executives, and bank’s internal task force team leaders to discuss strategic approaches to loan recovery and risk mitigation, procurement of deposits, providing SME loans, good customer services, etc.
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