Category: Bangladesh

Overview. Ruling party Awami League’s General Secretary Obaidul Quader has claimed that the victory of the party in the municipality elections is a sign of the people’s desire for progress and development. The UN has reported that Bangladesh GDP growth fell to 0.5% in 2020, compared to 8.4% in 2019.…… Read the rest

Overview. The ruling Awami League has won the first phase of the municipal elections, winning 18 out of the 24 contested seats. ADB has forecast a 6.8% GDP growth for Bangladesh in the current fiscal year, despite the ongoing pandemic. Pharma companies saw profits increase in the first quarter of the ongoing fiscal year.…… Read…

Overview. The ruling party and opposition party have blamed each other for the setting on fire of buses that took place throughout the capital on 12th November. The central bank is paving the way for small merchants to open bank accounts without a trade license; a very good development that will bring many small businesses…

Overview. The government has approved the extension to BNP Chief Khaleda Zia’s jail term suspension by six months. The World Bank has said that Bangladesh’s GDP growth is set to slow down to 1.6% in the fiscal year 2021 because of the effects of the Covid-19 pandemic. Square Pharmaceuticals is planning to invest Tk.…… Read…

Overview. Prime Minister Sheikh Hasina addressed the UN General Assembly regards C19 vaccine distribution concerns. The Asian Development Bank has projected a GDP growth of 6.8% for Bangladesh in the 2020-21 fiscal year. Banks have so far disbursed around only half of the C19 stimulus package money. Prime Minister Comments at the UNGA.…… Read the…

Overview. There are potential signs that the government is suppressing the opposition. On the economic front, Bangladesh’s GDP growth in the past fiscal year has been 5.24%, according to provisional estimates by the Bangladesh Bureau of Statistics and export earnings have rebounded slightly after falling consecutively for six months. Alleged Suppression of Opposition.…… Read the…