Bangladesh’s financial situation remains fragile and further economic deterioration could affect everyone, opposition lawmaker Saiful Alam Khan Milon said Saturday after a parliamentary committee meeting.
Hilsa prices have fallen sharply in Chandpur as daily arrivals at Boro Station fish landing center climbed to about 200 to 250 maunds from 50 to 70 maunds in recent months.
Bangladesh’s Purchasing Managers’ Index (PMI) rose to 57.8 in July, signaling broad economic expansion led by a sharp rebound in manufacturing, according to findings presented Monday.
Bangladesh’s economy showed signs of stabilizing in April through June, but high inflation, weak investment, and banking-sector vulnerabilities continued to weigh on growth, the Metropolitan Chamber of Commerce and Industry (MCCI) said Tuesday.
Bangladesh must increase fish production to meet growing demand without compromising food safety or quality, fisheries and livestock minister Mohammed Aminur Rashid said Sunday.
Bangladesh plans to develop a national economic hub around Mongla Port, with officials saying the project could expand economic activity and create jobs in the region.
Asian Development Bank vice president Yingming Yang said the Manila-based lender is ready to help Bangladesh become an upper-middle-income country and a trillion-dollar economy by 2034.
Mongla Economic Zone is expected to create about 60,000 jobs in two phases, with first-phase work scheduled to begin in October, shipping minister Sheikh Rabiul Alam said Sunday.
Egg prices in Bangladesh’s capital have climbed to Tk150 a dozen (about $1.22), up from Tk130-140 (about $1.06-$1.14) two weeks ago, adding pressure on household budgets already strained by high vegetable prices, according to original reporting in the Business Standard.
Bangladesh should develop a robust, internationally recognized halal ecosystem to diversify exports and position itself as a global hub, commerce minister Khandakar Abdul Muktadir said Wednesday.
