Economics
How Bangladesh can learn from U.S. GENIUS Act
Remittances are a vital pillar of Bangladesh’s economy. In 2024-25 alone, the country received over USD30.00 billion from its diaspora, supporting millions of families and fueling domestic consumption. For many households, these funds are not just supplemental income—they cover essential expenses such as food, education, healthcare, and housing. Despite their importance, sending money home remains expensive, often costing between 5% and 7% per transaction, significantly above the global average. Slow transfers, high fees, and reliance on traditional banking corridors continue to limit the effectiveness of remittances, reducing their potential impact on the broader economy. Reducing costs while increasing remittance volume is no longer optional; it is a strategic necessity.
We have fallen into a debt trap: NBR chairman
“We have already fallen into a debt trap, and unless we accept this truth, it will not be possible to move forward,” said Md Abdur Rahman Khan, chairman of the National Board of Revenue.
Inflation rises to 8.29% in Nov
The country’s overall inflation saw a slight increase in November, reaching 8.29%, according to the latest data released by the Bangladesh Bureau of Statistics (BBS).
Dr. Mohammad Ayub Miah named chairman of Sammilito Islami Bank
Bangladesh’s newly formed Sammilito Islami Bank, the country’s largest government-backed Islamic bank, has officially commenced operations after receiving final approval from Bangladesh Bank.
No dollar crisis in Bangladesh: BB Governor
Bangladesh Bank Governor Dr. Ahsan H Mansur has said the country is not facing any dollar shortage.
Digital banking in Bangladesh: Business models, challenges and opportunities
Bangladesh Bank has twice invited applications for establishing digital banks in the country. Under the previous government, two licenses were politically approved and granted—one to Nagad and the other to Kori. However, following the political shift after 5th August 2024, those licenses were suspended.
The moral geography of livelihoods
In the daily landscape of Bangladesh’s economy, millions sustain the nation not merely through labor, but through moral discipline, integrity, and human endurance. Some open shop shutters at dawn, others pedal rickshaws through narrow lanes, while others work abroad sending remittances home.
To help small entrepreneurs compete in global market, export earnings must be paid quickly
There are no exact statistics on how many small entrepreneurs in Bangladesh are currently engaged in IT and B2C e-commerce businesses. However, their numbers are increasing, and with the right policies, exports and export diversification from this sector could grow further. These small entrepreneurs mainly run their businesses using social media platforms such as Facebook, Instagram and F-commerce.
Objectionable conditions of development partners must be rejected
In response to the request of the previous government, in 2023 the International Monetary Fund (IMF) approved a loan of 4.7 billion US dollars in favour of Bangladesh. Although Bangladesh had sought 4.5 billion dollars in the original loan application
From LDC to Global Player: Reinforcing Pharma Regulations and Capabilities
Pharma sector is one of our prouds as it takes care of 98% of local demand and thus saving about USD 7-8 billion of foreign currencies as per industry leaders. The domestic pharmaceutical market is about to reach USD 6 billion by 2025. The sector contributes around 1.83% of GDP. The forcast for attracting FDI is nearby USD 23 billion by 2030. However the sector is heavily import dependent, annual otflow of approximately USD 1.3 billion for Activated Pharmaceuticals Ingriedients(API) import. Export of pharma products is close to USD 200 million to 150+ countries. The sector created a huge number of white colour jobs from different Universities of Bangladesh.