Tailwinds may lift economic growth to 5.0pc in FY26
Bangladesh's slow-pace economic growth may be ramped up to 5.0 per cent by tailwinds before this fiscal year ends on June 30, 2026, as estimated by BMI, a unit of Fitch Ratings. "We maintain our growth forecast of 5.0 per cent for FY2025/26," the global ratings agency's unit says in...
Read more
Tarique becomes BNP chairman
Zia-family scion Tarique Rahman becomes Chairman of Bangladesh Nationalist Party (BNP) to succeed his mother who died recently. The party declared on Friday night that the BNP Standing Committee in its meeting "unanimously" decided to elevate Rahman to chairman from the position of acting chairman. Tarique Rahman presided over the...
Read more
Temp dips to 6.80C in Panchagarh as cold spell prevails
The cold wave and dense fog are likely to persist for several more days across the country, according to the Bangladesh Meteorological Department (BMD).The overall weather situation would remain dry with a temporary partly cloudy sky during the next 24 hours, commencing from 9:00am Friday, said the BMD. Meanwhile, the...
Read more
Visitors throng the Dhaka International Trade Fair at the Bangladesh-China Friendship Exhibition Centre
Visitors throng the Dhaka International Trade Fair at the Bangladesh-China Friendship Exhibition Centre in the capital's Purbachal on Friday. — Focus Bangla
Read more
Major industrial groups seek Tk 165.5b bailout funds
Constrained by stated severe liquidity crunch in the country's industrial sector, eleven conglomerates seek some Tk 165.5 billion in interest-free loans from the government to sustain operations and meet staff-payment obligations, sources say.The SOS (save our soul) appeal comes from Noman Group, Rangs Group of Companies, TVS Auto Bangladesh LTD,...
Read more
Foreign fund flow into BD corporates falls to $9.80b until Nov
Corporate external borrowing drops as persisting economic sluggishness dampens businesses' appetite for funds with the short-term overseas debt stock having declined to $9.80 billion until November.Officials and money-market analysts see such unrelenting contraction in private-sector foreign debts not as a good sign for the private sector-led economy while interest rates...
Read more