Economy

Bangladesh suffered an estimated economic loss of $1.3 billion to $1.8 billion in 2024 because extreme heat reduced labour productivity, according to a new World Bank report. The loss is equivalent to about 0.3% to 0.4% of the country’s GDP, with damages rising sharply once daytime temperatures exce

Bangladesh’s biggest economic test now lies in raising productivity—producing more with the same labour, machinery and capital—as slower investment, rising production costs and weaker growth sharpen pressure to generate greater output from existing resources. The OECD’s Compendium of Productivity I

Commerce Minister Khandakar Abdul Muktadir has urged stronger international support to ensure Bangladesh's smooth, sustainable and stable graduation from the Least Developed Country (LDC) category and seeking a three-year extension to the country's graduation preparatory period.

Bangladesh is preparing to publish the gazette for a new pay structure for government employees in the first week of August, subject to cabinet approval, as the review committee examining the Ninth National Pay Commission recommendations enters the final stage of its work.

Bangladesh's economy continues to demonstrate resilience despite global and domestic challenges, with strong remittance inflows and steady growth in the services sector providing key support, according to the latest Asian Development Outlook (ADO) July 2026 released by the Asian Development Bank (AD

Bangladesh Bank (BB) has allowed banks to offer Forward Rate Agreements (FRAs) to importers, introducing a new derivative instrument aimed at protecting businesses from fluctuations in international interest rates on foreign currency import financing. To this end, the central bank today issued a ci

Bangladesh’s ready-made garment exports to the European Union declined sharply in both price and volume in the first four months of 2026, according to the latest Eurostat data, underscoring mounting pressure on exporters amid weak consumer demand, price cuts by global brands and intensifying competi

The earthquakes that struck Venezuela on 24 June caused significant human suffering and loss of life, while also severely affecting livelihoods, infrastructure, and essential services. This includes a preliminary estimate of $6.7 billion in direct physical damage, equivalent to around 6% of GDP, acc