March reading of PMI falls by 2.9 points
The reading of the Purchasing Managers' Index (PMI) for Bangladesh in March 2025 declined by 2.9 points from the previous month to record a slower expansion rate at 61.7.A PMI reading above 50 indicates that the sector/economy is generally expanding. A reading of 50 indicates no change compared to last...
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Ex-Sonali Bank MD, 10 others jailed
A Dhaka court on Monday sentenced 11 individuals, including former Sonali Bank managing director Humayun Kabir, to different prison terms in a loan forgery case.Judge Md Zakaria Hossain of the Special Judge's Court-6 in Dhaka delivered the verdict after concluding the trial of the case filed by the Anti-Corruption Commission...
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Police order arrest of vandals
FE Report The Inspector General of Police Baharul Alam has instructed police officers to arrest the individuals responsible for vandalising shops and businesses in Sylhet and several other cities across the country. "We have video footage of the attackers. They are being identified and will be arrested immediately. Police teams...
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IMF reviews Bangladesh's reform progress
The International Monetary Fund (IMF) has suggested that Bangladesh should boost public investment and ensure better governance in the development work to expand the country's economy, officials said on Monday.It has also recommended reducing non-performing loans (NPLs), introducing a fully flexible foreign exchange rate and cutting subsidy in public spending,...
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Trump threatens China with further tariffs
US President Donald Trump says he will impose additional tariffs on China, from Tuesday, if Beijing does not withdraw its 34% retaliatory tariffs on the US, reports BBC.The additional tariffs on Beijing would be of 50 per cent, Trump says.As a reminder, China announced on Friday that it would be...
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Govt initiatives encouraging, investment climate promising
Foreign investors have praised the interim government's multipronged efforts to attract foreign direct investment (FDI), stating that such proactive steps are likely to motivate more investors to consider Bangladesh as an investment destination.On Monday, a delegation of around 60 investors from the United States, South Korea, China, Japan, India, Australia...
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