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Economy


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PMI improves slightly in Sept

The country’s overall Purchasing Managers’ Index witnessed a gain of 0.8 points in September, recording a faster expansion rate at 59.1 points, according to the latest PMI report published jointly by the Metropolitan Chamber of Commerce and Industry, Dhaka and Policy Exchange Bangladesh on Tuesday...

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Positive progress report to be sent to UN

Bangladesh is set to submit the Least Developed Country graduation progress report by October 31 to the United Nations Committee for Development Policy on a positive note, said a policy maker of the interim government on Monday...

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25pc tariffs on heavy trucks start Nov 1: Trump

President Donald Trump said Monday that a steep US tariff on imported heavy trucks would begin on November 1, postponing the date that he initially threatened to impose such duties...

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Bangladesh eyes collaboration with S’pore public, pvt sectors

Chief adviser’s special envoy Lutfey Siddiqi has held several bilateral meetings with Singaporean ministers where he provided first-hand updates on developments in Bangladesh and pursued areas of collaboration with both the public and private sectors...

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EU channels Trump with tariffs to shield steel sector

The European Union will take a page out of US president Donald Trump’s tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel — to protect the bloc’s struggling industry from cheap Chinese competition...

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Poverty climbs to 21.2pc in Bangladesh

The World Bank on Tuesday said that poverty had worsened in Bangladesh as the rate climbed to 21.2 per cent in the financial year of 2024-25 from 20.5 per cent in FY20023-24.

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Pvt sector credit growth hits lowest at 6.35pc

Private sector credit growth in Bangladesh dropped to a record low of 6.35 per cent in August 2025, the lowest in more than 23 years, signaling deepening distress across the economy...

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BIDA eyes fresh investment from Turkey

The Bangladesh Investment Development Authority is set to hold a series of government-to-business meetings with Turkish conglomerates on October 7 and 8 to attract fresh investment in Bangladesh...

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NBR directs zones to strengthen intelligence operations

To accelerate the recovery of evaded revenue and enhance collection by preventing tax evasion, the National Board of Revenue instructed all field-level tax zones to strengthen the activities of their respective Intelligence and Investigation Cells.