The country’s economic momentum has slowed down in April. The Purchasing Managers’ Index (PMI) value for the country’s four major economic sectors dropped by 8.8 points in April. The index fell to 52.9 points, the lowest since October last. In March, the index stood at 61.9.
The Executive Committee of the National Economic Council (ECNEC) has approved nine new development projects with a total expenditure of Tk 3,756.20 crore. Of the total cost, Tk 2,798.19 crore will come from government funding, Tk 812.95 crore from project loans, and Tk 145.06 crore from the organizations’ own funds.
The incident of India's attack on Pakistan has affected Bangladesh's stock markets, creating panic among investors. Due to this panic, there was a major decline in prices on Wednesday (May 7).
Noted sculptor Rasha has been harassed by an unidentified youth in the capital's Gulshan area.
Environmental organizations have demanded the cancellation of the 635-megawatt coal power plant project in Cox’s Bazar's Matarbari, during a press conference held on Tuesday (May 6) at the Dhaka Reporters’ Unity (DRU).
Dr Salehuddin Ahmed, the Finance Adviser to the government of Bangladesh, has called for enhanced cooperation from the Asian Development Bank (ADB) in four key sectors: digital inclusion, climate action, regional connectivity, and sustainable financing. He made this call during his speech at the 58th Annual Meeting of ADB in Milan, Italy.